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- fxjesus replied Jul 9, 2015
Again bears getting trapped.. That or I am seriously wrong about where this is headed. Market makers got surprised their pants down judging from the change in price action. Now they're putting up a show until enough bears are trapped to move this ...
EURUSD
- fxjesus replied Jul 9, 2015
Below 1.106 lies a tarp... lots of bears got tarpped last time it went down, opening short and then getting sudden run up is how it works. Misspelt so you remember.
EURUSD
- fxjesus replied Jul 9, 2015
Not sure what you mean, I just look at the monthly ranges. Of course if those are not valid then maybe 1.0666, then 1.1337 and back to 1.1?
EURUSD
- fxjesus replied Jul 9, 2015
I don't mean the scalpers who sold the highs. I mean bears who have been holding on for long time, unless you have positive expectancy by staying short. Goldman may have a bid at 0.8 but I'm not convinced we'll get there. I'm surprised if this can ...
EURUSD
- fxjesus replied Jul 9, 2015
I would advice to cover shorts (atleast leveraged ones). I don't know what the "normal market" is, went live recently and my experience live is that the fx market acts like stuff I read about penny stocks, no liquidity (except retail breakout/zomg ...
EURUSD
- fxjesus replied Jul 6, 2015
100% probability of 1.116 during this week if all the bears stay short and no one adds longs. Ok so that obviously won't happen now.
But now that I said it won't happen, it will happen. Except now it won't. since you read that last sentence ...EURUSD
- fxjesus replied Jul 5, 2015
Holding open position over the weekend is not good idea in my experience. The odds are more against than usual due to market maker hedging and options. As fewer real people want to have the other side of those positions, that increases probability ...
EURUSD
- fxjesus replied Jul 5, 2015
Safest play would be to distribute buying across price and time if you believe in longer term up move. But that's kind of overkill unless you are trading big money. Everything points that it's time to be bullish, once the time is right - it's a bit ...
AUD/USD
- fxjesus replied Jul 5, 2015
While it's possible that eur will go down after open, if there is a gap, it's most likely up to either 1.13, 1.143, 1.147 .. I was more bearish before but it looks like market makers may have gone on the long side so gap down is unlikely - whether ...
EUR/USD Before Greeks's Vote - Do You Stay In The Market? B/S
- fxjesus replied Jul 2, 2015
But price can go quick for many reasons. Impulse only means that it went up or down quick. I have seen some evidence/reasons supporting a bullish scenario but I need to see a lot more. I think the bullish case is there but not yet. I want to see ...
EURUSD
- fxjesus replied Jul 2, 2015
I don't think you find much people giving out execution details, those things cost plenty to figure out through live testing... eg. some people may prefer to trade through Goldman instead of some retail broker just because of a) execution algos they ...
EURUSD
- fxjesus replied Jul 2, 2015
Maybe some kind of spread added by retail broker? Getting "perfect price" from some predictable spike can be hard due to the spread added. Some ecn brokers try to get you executed regardless even if your price was bit off or there was someone in ...
EURUSD
- fxjesus replied Jul 2, 2015
Looks like spike to ~1.11 because losers are willing to buy high. update: unexpected down volume suggests losers bought expecting price to shoot up to 1.11.
- just kidding, it was exactly on the hour so maybe open related. While every ...EURUSD
- fxjesus replied Jul 1, 2015
Interesting to see how this pans out. My cynical view is that the impulse was just a bunch of stop running and the correction was where the money was made and now losers are just holding the bag for a while, no clear direction. I deleverage for ...
EURUSD
- fxjesus replied Jul 1, 2015
By definition, if there's a real gap (for bucket shops, a weekend gap is real for sure), nothing transacts in the gap, no one gets prices that are inside the gap. Some bucket shops may offer guaranteed stop loss pricing, if they do that to all their ...
EURUSD
- fxjesus replied Jul 1, 2015
Based on some peoples analysis this is a buy point but my own analysis says it's still good to go lower in medium term - there's just now some algo throwing size around that was not there earlier so right at this moment it's hard to say if it will ...
EURUSD
- fxjesus replied Jul 1, 2015
I'm holding my tongue here... I hate conflict of interest. Lets just say that any short term high leverage players are gambling here... I think there's slippage risk of 1%. Buy and it will help down trend, sell and you could be in for gap kinda ...
EURUSD
- fxjesus replied Jun 30, 2015
I do look at PA probably similar way as you for entry level ideas for daily action. I've been looking at managing longer term trades in automated way also so I could just leave things running and not get faked out. I've looked at lot of non-chart ...
EURUSD
- fxjesus replied Jun 30, 2015
Based on todays action I agree with this but the long term picture depends on whether the 1.14 seller is gone or there is enough interest to push through there. Maybe maybe not. I suspect we could see fake breakouts for next few months or rest of ...
EURUSD
- fxjesus replied Jun 30, 2015
Well in my book if you go long and then price moves 4-5% against you, it wasn't such a good time to go long. Foolish time I'd say if you had leverage. Ok you could say they all started to scale-in, so it's possible a move down to parity is big boys ...
EURUSD