correct, an algorithm is a system you follow i think what he was referring to is high frequency trading which are sophisticated scripts used by market makers for the purpose of placing and canceling orders in 0.00001 of a second it's how big traders ...

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35 pip gap down so far. I doubt it has anything to do with Paris (Paris happened before market close).

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Nothing in the markets is for sure.

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What is your fundamental thesis for this having any impact whatsoever on exchange rates?

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This happened an hour before the market closed and EU didn't crash. This event is nowhere near big enough to effect a currency (especially one as large as the Euro) Japan's tsunami was the only one I can remember that actually caused massive moves.

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Don't marry the trade. You've already made 500+ pips, take some damn profit.

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I reduced size, now in very small. Market is fighting for green weekly close. Will hold small over weekend (re enter full on Sunday if it still looks good) Something tells me 1.0690 can hold at least until it bounces back to 1.0750, but could do one ...

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Missed by 0.1 pip... lol Enjoy the weekend

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Yeah it could make a new low on bigger TF, just playing an m15/h1 bounce

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???? bad risk reward and probability, imo could just be scalping a few pips hm?

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Looks like I missed an awesome day. Even Asian session was packed with volatility. I slept through it all and took the day off. Should have left some pending at the obvious 1.0830 Hope you all made some good pips Good spot. I just longed. Nice ...

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50 quick pips, very nice

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and she won't go to jail either, but if you look at her wrong, you can.

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worth a shot

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Haha yes, wife wins or husband gets no booty, unless you have horny wife then you start fights just to have better sex The drop was technically setting up prior to Draghi... he provided The rally was technically setting up prior to Yellen... she ...

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Once you get good enough you can somewhat predict these movements even with Draghi and Yellen. NFP is a different story or maybe it was just a coincidence today that they talked the market in the direction it seemed to want to go technically. Need 5 ...

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I made that thread over 2 years ago. Now I don't risk so much per trade, even if it is a "free account" I realized that money is money, even if it was once the markets money and not your own deposit. So I use more traditional risk management. 1-5% ...

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That's actually my first fat finger in 4 years... Glad you all are making money on that pullback.

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Beautiful trade. 40+ pips in 10 mins. Could retest daily pivot 1.0740

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