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Thread: What was that!!!???

  1. #1
    Bullish softFOREX's Avatar
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    Question What was that!!!???

    Hello everyone!
    I am in shock because what happen last week on the market!
    DId anyone have idea what was that? what will happen next week?

  2. #2
    Bullish softFOREX's Avatar
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    my overview
    Attached Thumbnails Attached Thumbnails JPY1.JPG  

  3. #3
    Piplet siwael's Avatar
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    Wink Always trade with stop loss

    Look my dear,
    last movements was very strange to me
    my knowledge still little about forex at all
    but my advice to me and for you and for all trader

    Always Trade with stop loss

  4. #4
    Bullish softFOREX's Avatar
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    Quote Originally Posted by siwael View Post
    Look my dear,
    last movements was very strange to me
    my knowledge still little about forex at all
    but my advice to me and for you and for all trader

    Always Trade with stop loss
    I put stop loses normally but I mean from my small experience it was to much down and I was going to buy jpy from the bottom but then saw that it fall down more and more .

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    Bullish Sherio..Killer's Avatar
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    Wink

    Quote Originally Posted by softFOREX View Post
    I put stop loses normally but I mean from my small experience it was to much down and I was going to buy jpy from the bottom but then saw that it fall down more and more .
    Hi, u said "bottom" haha, I will not be surprised to see 300 pips USD/JPY more down and that will be reall BOTTOM

    Actually I was buying GBP/JPY and monday close small minus and open sell orders

  6. #6
    Bullish softFOREX's Avatar
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    Quote Originally Posted by Sherio..Killer View Post
    Hi, u said "bottom" haha, I will not be surprised to see 300 pips USD/JPY more down and that will be reall BOTTOM

    Actually I was buying GBP/JPY and monday close small minus and open sell orders
    Good if you have such an experience. For myself I decided not to trade this week because I was really confused of such a big move and I will start next week for sure!

  7. #7
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    Quote Originally Posted by softFOREX View Post
    Good if you have such an experience. For myself I decided not to trade this week because I was really confused of such a big move and I will start next week for sure!
    Don't need to be afraid...remember "TREND is YOUR FRIEND". All you need is to find a right direction

  8. #8
    Bullish softFOREX's Avatar
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    Quote Originally Posted by Sherio..Killer View Post
    Don't need to be afraid...remember "TREND is YOUR FRIEND". All you need is to find a right direction
    Seems very easy

  9. #9
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    Quote Originally Posted by softFOREX View Post
    Seems very easy
    easy if you have education, experience and smart enough.
    Look the mane "power" which moves all econimics is USA. When USA got bad news from Chinies stock market traders in USA began to sell everythig they can so we saw such a big moves all over the world. Ectually it was expected long time ago to happen this corection. So my analysis for next 2-3 weeks that we don't buy USD only sell, and all atempts for USD to go back we use to sell it again and again.

  10. #10
    Bullish Sherio..Killer's Avatar
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    Mistake in Dow Jones calculating computer sistem-main market index in USA-just gave extra power for market to fall (this is what "The Wall Street Journal" said)
    Tuesday on US stock market began with big sell of Chinies stocks companies. So the indexes of Standard&Poor, Dow Jones and Nasdaq began to fall. Speed of falling of Dow Jones wasn't so fast as Standard&Poor and Nasdaq, but in the midle of the day Dow Jones falled down and lost in few minutes 200 pips.

    The worst moment of the day was just a few minutes around 15.00 o'clock, Dow Jones which for the moment already falled down more than 200 pips falled down for around 300 pips more less than in a minute. Than it was found that the speed of fall was because of computer delay which happen because of high volume of trades. So Dow Jones falled down 546 pips before began to recover a little.

  11. #11
    Bullish softFOREX's Avatar
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    Quote Originally Posted by Sherio..Killer View Post
    Mistake in Dow Jones calculating computer sistem-main market index in USA-just gave extra power for market to fall (this is what "The Wall Street Journal" said)
    Tuesday on US stock market began with big sell of Chinies stocks companies. So the indexes of Standard&Poor, Dow Jones and Nasdaq began to fall. Speed of falling of Dow Jones wasn't so fast as Standard&Poor and Nasdaq, but in the midle of the day Dow Jones falled down and lost in few minutes 200 pips.

    The worst moment of the day was just a few minutes around 15.00 o'clock, Dow Jones which for the moment already falled down more than 200 pips falled down for around 300 pips more less than in a minute. Than it was found that the speed of fall was because of computer delay which happen because of high volume of trades. So Dow Jones falled down 546 pips before began to recover a little.

    O prefer not to use news at all

  12. #12
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    Quote Originally Posted by softFOREX View Post
    O prefer not to use news at all
    Not to use!!? What about 11.09.2001 in USA? And if u was buying dollar? U always need to get fundamentals!

  13. #13
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    Quote Originally Posted by Sherio..Killer View Post
    Not to use!!? What about 11.09.2001 in USA? And if u was buying dollar? U always need to get fundamentals!
    I checked it already. Price began to fall before terracts happen

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    Anyway I propose for all traders to check the news reports before they decide which order to make!

  15. #15
    Bullish softFOREX's Avatar
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    Quote Originally Posted by Sherio..Killer View Post
    Anyway I propose for all traders to check the news reports before they decide which order to make!
    Piece brother I agree , only mix of technical analysis and news analysis will give you good results in trading

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