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traderathome replied Oct 15, 2008Bollinger Breakout — It hit 1.3500 and points south (5 extra pips). Not much time left in this session. Time for a pullback up? Will the next low timeframe trend be up thru the next Asian and Euro sessions tomorrow? Will any upside just be ...
EURUSD
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traderathome replied Oct 15, 2008Much obliged! My suspicious thinking sometimes....that they were not buying, but selling....and just following each volume sell with an immediate low volume higher buy, to "print the tape" so to speak with upwards price movement to deceive.....
EURUSD
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traderathome replied Oct 15, 2008That's a good one! (Unfortunately a lot of irresponsible Americans would innocently agree!)
EURUSD
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traderathome replied Oct 15, 2008Ok, I read up on Iceberg Orders and it is simple stuff, nothing new....just a new name for me, anyway. But the important question remains unanswered.....How do you identify whether it is buying or selling? The poster said it was buying. Ok, and HOW ...
EURUSD
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traderathome replied Oct 15, 2008Ok, I'll bite...... What in the dickens is an "iceberg order", and please fully explain. And, how do you know the entity is buying instead of selling?
EURUSD
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traderathome replied Oct 15, 2008You are making NO SENSE AT ALL! What picture? What flat bottom? 1.525...???? (what currency IS THIS, ANYWAY?) And "iceberg order"?....aw, come ON now! Be specific.
EURUSD
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traderathome replied Oct 15, 2008You missed my point, which is that "pullback" opportunities exist with each big run. Why? Because big players (central bank traders, hedge funds, etc.) need to make money weekly, daily. Since they cannot incessantly move the price in one direction, ...
EURUSD
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traderathome replied Oct 15, 2008Interesting hypothesis! May I add mine to it? The stock market hedge funds and clearing houses and hedge fund depts in brokerages ARE the cause of the current stock market woes and credit crisis. They have all participated in the unrelenting naked ...
EURUSD
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traderathome replied Oct 15, 2008Bollinger Breakout — That last pop on the 30 minute was a run that quickly tappered off in volume as the high was approached.....not exactly a sign of upside breakout interest. Inasmuch as it quickly receded, it is possible it was simply a run ...
EURUSD
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traderathome replied Oct 15, 2008Bollinger Breakout — I am seeing 1.3500 and points south.....
EURUSD
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traderathome replied Oct 13, 2008Double Top — This is just conjecture, but the run down on the 15 Minute chart Double Top came short of the 1.3450 target (and the 1.3475 - 1.3450 general target area) when it stopped at 1.3484 and then went back up to hang out around the ...
EURUSD
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traderathome replied Oct 13, 2008Double Top — The 15 minute chart double top formation is moving towards completion. I would think the price will end up in the 1.3475 to 1.3450 region. The long term trend is down. After a pullback or consolidation from this double top run ...
EURUSD
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traderathome replied Oct 13, 2008Double Top — 15 minute chart shows double top, with 1.3450 as target. The long term trend is still down......
EURUSD
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traderathome replied Oct 12, 2008Knee Jerk Reaction.... — In my opinion what we are seeing is a sour grapes reaction to the extreme run down late in the last US session.....when everyone else had already finished trading earlier! They are all so pissed, they have slammed it ...
EURUSD
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traderathome replied Oct 12, 2008Liquidations.... — The opening volume was practically nil, with a 250+ pip gap up! Figgin' Central Bank did that to force liquidations? It is a lesson to all to not be in a trade over the weekend. They can do a 500+ pip jump by printing the ...
EURUSD
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traderathome replied Oct 9, 2008Bollinger Breakout — At this point I am of the opinion that it is going down more than up. The Asian sessioin traders are showing the sentiment everyone has.....the Thieves of Wall Street have driven the world economy into the crapper thru ...
EURUSD
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traderathome replied Oct 9, 2008The Asian Session Has It Ranging..... — The start of the Asian session birthed a drop from 1.3600 area to 1.3560 area. There it spawned high relative volume resulting in a pop to 1.3630 area and a quick pullback to the bottom of the range in ...
EURUSD
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traderathome replied Oct 9, 2008I think it has alway been an arguement whether EU is bear or bull and where it is going from here. If anyone here can give 100% accurary on how it is going, I doubt this person (i.e. best forex trader) will stay in this forum. He will likely to ...
EURUSD