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All Majors and Gold

  • #6,301
  • May 20, 2013 6:43pm May 20, 2013 6:43pm
Quoting gnomoneey
{quote} why 1369?
it is an old support for me also 1364

what do you think it could reach?
  • #6,302
  • May 20, 2013 6:46pm May 20, 2013 6:46pm
Quoting bugsbunny110
{quote} it is an old support for me also 1364 what do you think it could reach?
what was the reason for the big jump this morning?
fundamental or technical or manipulation
Wooooohooooo or Boooooohooooo
  • #6,303
  • May 20, 2013 6:47pm May 20, 2013 6:47pm
Quoting gnomoneey
{quote} what was the reason for the big jump this morning? fundamental or technical or manipulation
fundamental
  • #6,304
  • May 20, 2013 6:49pm May 20, 2013 6:49pm
Quoting bugsbunny110
{quote} fundamental
what was the report?
I didn't see anything.....

bare with me....just answer
Wooooohooooo or Boooooohooooo
  • #6,305
  • May 20, 2013 6:50pm May 20, 2013 6:50pm
Quoting gnomoneey
{quote} what was the reason for the big jump this morning? fundamental or technical or manipulation
Just a short unwind. Manipulation isn't easy on upside.
  • #6,306
  • May 20, 2013 6:55pm May 20, 2013 6:55pm
Quoting EricB
{quote} Just a short unwind. Manipulation isn't easy on upside.
so most likely they took out the sl on shorts?
yes?
that's what happen....so what happens next....and what does charts say....
draw some channels.....see what its telling you...erase in your mind what you think happened yesterday n this morning in ny seesion....
Wooooohooooo or Boooooohooooo
  • #6,307
  • May 20, 2013 6:56pm May 20, 2013 6:56pm
Quoting gnomoneey
{quote} what was the report? I didn't see anything..... bare with me....just answer
It is not such a report, for me I think it is due to the USD Index was downtrend which make market makers push the chart up as all in sell
and for me it should go back to the point of beginning another time
  • #6,308
  • May 20, 2013 6:57pm May 20, 2013 6:57pm
CathS stop lurking please contribute we are nice people here....
Wooooohooooo or Boooooohooooo
  • #6,309
  • May 20, 2013 7:01pm May 20, 2013 7:01pm
Quoting bugsbunny110
{quote} It is not such a report, for me I think it is due to the USD Index was downtrend which make market makers push the chart up as all in sell and for me it should go back to the point of beginning another time
I don't know if index went up or down but I doubt it was that......

for me no real economic reason and was very surprise the size n quickness of the pop....
so ask yourself what point was that pop....
Wooooohooooo or Boooooohooooo
  • #6,310
  • May 20, 2013 7:03pm May 20, 2013 7:03pm
Quoting gnomoneey
{quote} I don't know if index went up or down but I doubt it was that...... for me no real economic reason and was very surprise the size n quickness of the pop.... so ask yourself what point was that pop....
the point of that pop is 1367-1370, am I right?
  • #6,311
  • May 20, 2013 7:07pm May 20, 2013 7:07pm
Quoting bugsbunny110
{quote} the point of that pop is 1367-1370, am I right?
I didn't know until I dropped down to m5.....damn I was on the dot when I said 1367 then woooooohooooo
Wooooohooooo or Boooooohooooo
  • #6,312
  • May 20, 2013 7:09pm May 20, 2013 7:09pm
Quoting gnomoneey
{quote} I didn't know until I dropped down to m5.....damn I was on the dot when I said 1367 then woooooohooooo
why is it everyone is getting rich but me.....

Wooooohooooo or Boooooohooooo
  • #6,313
  • May 20, 2013 7:09pm May 20, 2013 7:09pm
Quoting gnomoneey
{quote} I didn't know until I dropped down to m5.....damn I was on the dot when I said 1367 then woooooohooooo
Great, now what do you think, share with us your view
  • #6,314
  • May 20, 2013 7:10pm May 20, 2013 7:10pm
Quoting gnomoneey
CathS stop lurking please contribute we are nice people here....


k3nshinz3139 is absolute silent, what happened, no post what so ever and neither he is selling
hope u r save bro
  • #6,315
  • May 20, 2013 7:10pm May 20, 2013 7:10pm
Quoting bugsbunny110
{quote} the point of that pop is 1367-1370, am I right?
so brother bugs....what your plan, after knowing that
Wooooohooooo or Boooooohooooo
  • #6,316
  • May 20, 2013 7:13pm May 20, 2013 7:13pm
Quoting gnomoneey
{quote} so brother bugs....what your plan, after knowing that
I am already in sell from 1393 as I think and already in +ve but I am disturbed with the TP
  • #6,317
  • May 20, 2013 7:14pm May 20, 2013 7:14pm
Quoting razaali
{quote} k3nshinz3139 is absolute silent, what happened, no post what so ever and neither he is selling hope u r save bro
Hey.. I just reach office ya.. So bad.. Hit SL only get the 500 pips.. Yesterday was too tired.. I never join the party.. and If I trade I confirm to hit another SL
Was lucky man..

Short unwind... New knowledge for me ya !!
  • #6,318
  • May 20, 2013 7:14pm May 20, 2013 7:14pm
Quoting gnomoneey
{quote} so brother bugs....what your plan, after knowing that
I think everybody is over analysing - give yourself a break and relax a bit. The market was getting exhausted. Everyone was heavily short. Picture all of the traders getting on the same side of the boat. When it capsizes it capsizes very quickly - thats why you got that big pop - the market was stretched. Now when you look at the PA you can still see the same PA and exhaustion but with slightly larger number of sellers than buyers which means the market drifts lower. I will post a chart when the picture is clearer. Right now I am expecting it to drift down slowly and we will be able to see where it can go from there.

Fundamentally the market is oversold but that wont stop it from going in any particular direction. There were no news or anything unusual that caused the move. Manipulation can only happen on the upside when they convince the weak hands to go long using PA and news - thats not what happened today, so its not manipulation.
  • #6,319
  • May 20, 2013 7:16pm May 20, 2013 7:16pm
Morning I was short at 1393.8...

Locking profit 300 pips.. TP target 1378..
  • #6,320
  • May 20, 2013 7:20pm May 20, 2013 7:20pm
Quoting EricB
{quote} I think everybody is over analysing - give yourself a break and relax a bit. The market was getting exhausted. Everyone was heavily short. Picture all of the traders getting on the same side of the boat. When it capsizes it capsizes very quickly - thats why you got that big pop - the market was stretched. Now when you look at the PA you can still see the same PA and exhaustion but with slightly larger number of sellers than buyers which means the market drifts lower. I will post a chart when the picture is clearer. Right now I am expecting...


you are more in command of the queen's language and can eloquently describe the issue....

me is this way

double bottom
no more energy to drop so up it goes
when 1367 hits then woooohoooo
then 140x resists no more life....no follow up with news noise so we drop...where is the point we go....
what is next....

yes ericb by far your explanation is better
Wooooohooooo or Boooooohooooo
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