guess you meant that at that time is London noon so acting as a kind of “mid-day fix” so direction will be followed until London closing time.
Yesterday was the past
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Disliked{quote} I'm into those swap-free accounts, you know, the Islamic trading ones. Indices can hit you hard with those crazy swap rates. Unlike the FX market, like with GBP/USD, I roll with a regular account since the swap fees are peanuts and the spread are lower. GU Swap rates. {image} As you are saying, indices can hit you with those hefty swap rates. If you're into holding onto trades for the long haul, might wanna check out a swap-free account. Sure, the spread might be a tad higher, but you pay zero to hold onto your trades over time. And hey,...Ignored
DislikedWaiting for gold to go beyond 2030… on daily timeframe nice low tail has formed and its about to turn green …its time to go create new highs….Ignored
Disliked{quote} GU GU flip supply/demand zone as price pushing thru flip zone prior to LO {image}Ignored
Disliked{quote} GU GU flip supply/demand zone as price pushing thru flip zone prior to LO {image}Ignored
Disliked{quote} {quote} NASDAQ The Nasdaq is getting really expensive compared to stuff like oil and gold, kind of like how it was back in the Dot Com Bubble. The chart suggests it might go even higher, especially after it checks back a bit during the FOMC. I've noticed that even when there's bad news for the economy, Nasdaq still goes up. I'm just wondering, when do all the people making money decide to take their profits? {image} {image}Ignored
DislikedSmart traders avoid that kind of PA.. Don't fall into the trap of screenshotsIgnored
Disliked{quote} On H4 timeframe price is climbing up making Higher Highs and Higher Lows. But suddenly last Higher Low was taken (or 3 lows, depends how you look). {image} So now we can say that we have Market Structure Shift, which means we now are in bearish mode. But how can we be sure that this was not Liquidity run (or Fake out)? Chart does not show that there was liquidity, so we can assume that we shift in market structure, so we are looking for a sell on the return up. {image} So price comes to SRF, we wait for PA and open sell order. If we don't...Ignored