Richard Hill Forex Net Trap

[piphead]

I have no reason to break them this morning[/QUOTE]

For once

 

[Gregus83]

a weak sell it seems

Can I ask why you think it's weak? (without giving too much away even though we have the lurkers who apparently know how it works anyway)

 

[mark120169]

mine just opened
Bloody slippage!!

Yes me too 1 pip. Bleedin IG. in @ 31 now. But it wasn't even moving tha fast!

M

 

[insidergates]

mine just opened
Bloody slippage!!

yep me too, ig slippage of 1pip, etx no slippage

 

[wilczek]

SFT - FDFDDFFDFF - I am short from 32.

W

 

[gav2e]

Me too 1 pip slippage for MNT. Decided to give IG another try today, haven't used them for a while. Never had slippage on Capital spreads.

 

[mark120169]

looks like another dollar dump!

But surely if the Dollar was dumped the value of Sterling to it would rise so it would be heading back over $1.50 again?

M

 

[Tanguero]

Entered manually and closed it straightaway at b/even. It looks like it can travel quite a way up before turning down.

 

[gbdru2]

Can I ask why you think it's weak? (without giving too much away even though we have the lurkers who apparently know how it works anyway)

I base it on 2 things.. the strength of the MA slope between candle x and candle y and the shape of the graph.. so this morning you could see a smallish downtrend that was flattening out towards the last few candles..

that I interpret as the 'force' behind the selling is getting weaker (or you could say it was consolidating ready for a big break, to each their own)

Anyway, my overall view was yeah generally downwards but doesnt seem like many people are that interested...

 

[stevepatt]

Today there's strong resistance at 14928 and 14915 it might struggle to go any lower.

 

[piphead]

But surely if the Dollar was dumped the value of Sterling to it would rise so it would be heading back over $1.50 again?

M

Sorry! Dumping the pound not the dollar its early and the brain doesn't switch on till after 7:30

 

[gbdru2]

I had the strange experience of the orders sitting in working orders while the price went down tot 28 (? ish) returning up to 31 and then they fired... my entry was set at 32

weird..

anyway in at the requisite number

 

[piphead]

Today there's strong resistance at 14928 and 14915 it might struggle to go any lower.

I have 1.4888 as R2 so I'm keeping my fingers crossed

 

[insidergates]

I had the strange experience of the orders sitting in working orders while the price went down tot 28 (? ish) returning up to 31 and then they fired... my entry was set at 32

weird..

anyway in at the requisite number

ig took ages to fill my order too but i think you'll find it was being processed whilst the price moved down and back up it just looked like it hadn't.

 

[gbdru2]

have you noticed its the same every morning lately... down (or up) trigger goes and then it retraces back... and then maybe eventually to positive territory

is there a variant there on entry rules I wonder?

 

[kpk]

Mint banked
back to bed for me

 

[peterf1966]

Today there's strong resistance at 14928 and 14915 it might struggle to go any lower.

yes, i plot s2 and s3 near those levels.

 

[thelurker1]

I had the strange experience of the orders sitting in working orders while the price went down tot 28 (? ish) returning up to 31 and then they fired... my entry was set at 32

weird..

anyway in at the requisite number

Same for me but mine hasnt triggered yet

 

[gbdru2]

yes, i plot s2 and s3 near those levels.

ahh yes.. but resistance.. like rules..... are meant to be BROKEN

get down there!!!

 

[peterf1966]

ahh yes.. but resistance.. like rules..... are meant to be BROKEN

get down there!!!

shhh! i'm trying to sleep!