Market Makers playing around with EURUSD at 1.2850 ?

There was a sharp downturn on the 13th in the very close vicinity to the home run price that currently exists on the EURUSD

learning to trade

You might want to keep an eye on this to see what the market makers decide to do.

3 Responses to Market Makers playing around with EURUSD at 1.2850 ?

  • ianu3428 says:

    Hi martin, funny i was just thinking about you, i was looking at the exact same chart (18th here, check your calender) Hope your son is on the mend,
    thanks for the post, I sold this morn at 7.45 ( usually try to get a few pips on the board early doors, dont tell me off, please) went well, anyway i bailed out and changed my mind at 1.2770 and bought, and i,ve hung in there, (just, i nearly bailed out a few times, glad i was doing other things, ) got 70odd pips by teatime, just coming up for midnight i,ve moved up my stops. to 12825 trailing 30 from there, (it,s been a long slow climb. been caught in manipulation, all effing day, so thats why i,ve just let it run on. with a target of 1.30. (for no other reason than they will need ammo to hammer it down past last weeks low from here on in) or i,m just tired, pissed off and want to see what happens by the morn, lucky or good call,
    I am still mindful of the bigger circle, but still concentrating on the box.
    Took my 54 pips on the pound, at 1.5425 again a difficult day, I always remember ‘the general’ .
    So you take care, and my best to Denise and your sons.
    And all the best to all the other pat folk, — Somedays are diamonds, Somedays are stone,
    John Denver

Leave a Reply

Important Links

Login Here

Logout Here

Register Here

How to Register/Login
---
Want to chat before you order? Contact Me and we will set up a time that works for both of us.
---
PAT Training videos list below will only show up when you are logged in.

Training Videos
DVD purchasers & PAT software users have access to more than 100 training videos. A resource rich users only blog and unlimited ongoing training, support and guidance.
PAT Training Videos
Archives
Brokers

I do NOT recommend any broker. Any website that promotes a broker involves a kickback being paid to the site owner in the form of commissions or advertising fees, fees that ultimately the trader pays for. To recommend a broker based on fees earned I consider to be unethical and a conflict of interest.
Do your own broker research and choose a broker that you feel happy with.

I do not receive any fees whatsoever from any broker and as far as I am aware no pages on my site promotes any broker.

Risk Warning: Trading foreign exchange involves a level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should consider your objectives, level of experience, and what you consider as acceptable risk. You should seek to make yourself fully aware of all the risks associated with all forms of trading, and seek advice from an independent financial advisor if you have any doubts.

Copyright © 2012. Martin Cole All Rights Reserved.