DislikedThe chart pattern implied a relief for the bulls form the bears' torture last night.....Ignored
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DislikedThe chart pattern implied a relief for the bulls form the bears' torture last night.....Ignored
DislikedThe chart pattern implied a relief for the bulls form the bears' torture last night.....Ignored
DislikedHope it holds so I get to hang out here a bit. Ben in it from 9 AM GMTIgnored
DislikedIt was very easy to see the bears all over the places when it is dropping hard but not that easy to see the hidden bulls in the charts.Ignored
DislikedThis is the art I was talking about all the time. Relying on the lagging COT is not an art.Ignored
DislikedIf you are a bull, don't be scared. The bears and ChikBear will be exhausted or already are exhausted. Tide will turn. The bears will run away for the covers.
http://www.forexfactory.com/attachme...1&d=1359694767Ignored
DislikedBut its far from over, We're just now getting a minor upside correction. The upside is limited. By the end of march you'll see the art in the COT. BTW - the COT is a leading indicator NOT a lagging indicator. Its been warning of a sell off for weeks and weeks. And its not done yet.Ignored
DislikedThis message was posted 9 hours ago during the dark hours for the bulls. I knew this upward move was coming. The bottomless scenario promoted by the ultra bears was out sync with the market's preset paths.Ignored
DislikedEverybody knows the market never goes straight up or straight down. Corrections happen all the time. More downside coming.Ignored
DislikedChik, see something to be happened in a distanced future is easier than identify daily movements. COT is lagging data because it was what happened one week earlier. Your interpretations of COT does not change the nature of COT.
Also, using data is not an art. No art is based on any data.Ignored
DislikedChik, see something to be happened in a distanced future is easier than identify daily movements. COT is lagging data because it was what happened one week earlier. Your interpretations of COT does not change the nature of COT.
Also, using data is not an art. No art is based on any data.Ignored
DislikedBut its far from over, We're just now getting a minor upside correction. The upside is limited. By the end of march you'll see the art in the COT. BTW - the COT is a leading indicator NOT a lagging indicator. Its been warning of a sell off for weeks and weeks. And its not done yet.Ignored
DislikedYes, you're right that the COT data is after the fact. This isn't the proper way to use it. Its no timing indicator whatsoever, but its a reading on market conditions that almost nobody talks about. Conditions move the market, NOT EWP - NOT CHARTS. It takes weeks and months for setups to occur and if you're watching, you can see the buildup of opposing interests ahead of time thereby it becomes the best leading indicator of all. So you're right and so am I.
BTW - your EWP is lagging and AFTER THE FACT, also. You're always looking back at prior...Ignored
DislikedDown 80 pips 9 hours after the news then up 65 pips in 5 hours. You call this a minor upside correction? The thrust in the daily context is not over yet.Ignored
DislikedI hope you can spent $15 and buy that EWP book for your own good. EWP is used to project the future moves.Ignored
DislikedWell, let me say this. Sit on your hands and try not to post that you make that much from longs later.Ignored
DislikedNo market goes straight up. Identifying whether a move is a retracement or a failure is an art as well. COT cannot give a clue as to what happens in the real time movements.Ignored