gotcha !

Discussion in 'Forex Trading' started by Wallace, Aug 25, 2011.

  1. I've seen large orders hit during the Asian session including similar 5,000+ orders
    whatever the block/s volume might have been
    not usually up at this time of day and it was definitely a surprise to see the price
    reverse direction as it did, and according to the Dow Jones newswire via Oanda -
    "Euro Jumps On Sarkozy Remarks About Defending Euro" 6:12am
    then of course the price reverses from the top to continue the downtrend, which all
    adds up to 'buy on rumour sell on news' - or in the euro's case, 'sell on rumour buy
    on news' with the news being whatever Federal Reserve Chairman Bernanke has to
    say on Friday
     
  2. this is called the " dealer flops a pair of ladies......."

    it takes 5 to 10,000 lots to move the market like that.

    s
     
  3. mt4 client bogs down as the following 1 history and 2 log files continue to add data.........

    the charts and quote feed slows down to a crawl........

    every week or so, delete the contents of these 3 folders inside the mt4 directory

    close the prog.
    do not toss out the folders, just the files in them.

    restart mt4 , watch it fly.......

    just another trick by mt4 to scam the retail trader and slow the program down as you try to get trades on and off.

    cheers,

    s




    where to look.
    find the metatrader folder on what ever drive you are using.......

    C:\Program Files\FxPro MetaTrader\history
    C:\Program Files\FxPro MetaTrader\logs
    C:\Program Files\FxPro MetaTrader\experts\logs
     
  4. just happened across the attached, it's the ES mini S&P an hour before closing
    chart is 5 secs and total volume was 12,940 contracts in the single 5 sec bar
    the price twitched down 1 tick on the next bar
    average daily volume of the ES is about 10 times that of the 6E
    today's 6E volume: 163,329
    today's ES volume: 1,832,857
    slow day
     
  5. lg_cap

    lg_cap

    Thanks for the example Wallace.
    Here is a pic around 24th-25th august. But I put it on 30minutes timeframe. I only have the spot one. Can you tell me if the second arrow, highlighted with a triangle - corresponds to the big jump in volume in the ES. Just to make sure we are commenting on the same situation. :)
     
  6. lg_cap

    lg_cap

    here is the chart
     
  7. lg_cap, no, look at the images more closely
    the 6E takes off from about 1.4398 about 6:10am est
    the 5min spot chart price takes off a little higher at bar 15:05/10 - Alpari NY demo
     
  8. õâàòèò øïèëèòü áëÿòü â êàçèíî òî óæå,à!!!!

    :D
     
  9. I don't know how many times I have to tell you this. If you are a big bank and you want to buy you sell. You sell until you can collect enough position. This has been going on since the Rothchilds invented banking.
     
  10. lg_cap

    lg_cap

    wallace

    do you mind may be downloading my pic, and circling the correct prices.

    oldtime

    thansk for the insight
     
    #10     Oct 22, 2011