It does, I've seen it in April when there was G8 and a big gap down, as I remember at least. Anyway, it allows you to enter trades now, you think they don't care the quote is wrong ?

EURUSD

Oanda shows no gaps, price stays 4229.5

EURUSD

I agree that there will be an attempt, maybe even more than one, to make a new low weather this is just a small retracement or a reversal at least till high 1.4s. Price doesn't just turn around and go the other way, especially on such a strong trend.

EURUSD

lol I don't trade Sunday evening and Monday until London open at all. Unless there's a rare large gap, and then I may consider it. Plus, Oanda has a widened 10 pip spread until close before London open anyway, which for my trade ranges makes it ...

EURUSD

Where is your sl and how do you exit ? If I just had to guess, I'd say exit when a negative or doji 5m candle closes and keep sl right behing ema 13. Or no tping, just track sl right behind ema 8. So what is it ? Thanks

Chronicles of the Price Action Scalpers

JESUS CHRIST! I can not believe this. Yet again another chart from this Accu-something service that has nothing to do with reality. Whoever makes this crap ?? They draw trendlines that miss their marks by 100s of pips again and again. Dude, ...

EURUSD

Exactly. Even 50 to 1 is way too much in most cases. Not meaning to disrespect if I'm wrong, but what kind of an "experienced" trader is that with 400:1 or 200:1 levereage ?! The man actually implies he trades with those other brokers at a leverage ...

OANDA Discussion

I think the way the chart's shaking up we'll range around 42 and go down to at least 41 on monday, before there's a dicision for the larger direction. We'll see on monday but potentialy could turn out to be an easy 100 pips. Just hit the utl of the ...

EURUSD

And higher interest rates raise the value of the currency, ok. But, on the other hand, isn't inflation a bad thing in general ? Or is the first argument stronger when it comes to the currency as opposed to the economy it represents as a whole. ...

EURUSD

A question to you folks: Is that a typo ? How exactly could higher inflation on price of goods be better ?

EURUSD

It should come down at least one more time if and before it goes up later. Where this second low will be I don't know, from below previous low till 41 would be my guess for the range.

EURUSD

Nope, Israel. It's very early morning in the US now. Poor guys, I was in the UK in late 90s for a few weeks in the summer and the weather was sunny most of the time. Global warming huh..

EURUSD

Guys com'mon, it's a wonderful sunny afternoon (here at least ) weekend coming, relax, no need for this.

EURUSD

Not exactly even, who can ever be certain he's on the "right trend" ? What if it doesn't come back down, then you've wasted the entire retracement profit you could've made otherwise because of the hedge. Now if and when it comes back down you wait ...

EURUSD

For better confirmation it's better to wait for a lower high in general (and also monday in this specific case).

EURUSD

If you intend to short for the larger move down I'd wait for the area of orange trendline there and daily r3 at 4157. But considering there's mostly negative US news in a few hours and today's Friday, it's probably best to wait for Monday to get in ...

EURUSD

Yup, use a stop loss. Then when it goes down take a short from high. That is of course, if you want to trade the trend at all, could be easier scalping some of the pull backs.

EURUSD

Agree with the scenario. I think though today will be all up. And Monday - that will be the bear party.

EURUSD

Hi Maarten, The pivots I get from here: url work pretty well. Also it's always better if price proves to you first that it's an s/r area, and then you can actually use it. Indicators, they just follow price and show their own thing. A lot of it is ...

Trading forex profitable is impossible!

Somehow I don't think a child who would open a chart would go counter trend... Just an idea, if I were to trade like a child, on a daily chart as was mentioned for example, I would take a pair with a clear trend on that chart, draw a line in the ...

Trading like a child