Dislikedbelow 12600 it is Major bear, might be a red doji, then unclear {image}Ignored
In a case of disinflationist PCE, you may get caught in a trend reversal again.
Wolves hunt, dogs bark.
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Dislikedbelow 12600 it is Major bear, might be a red doji, then unclear {image}Ignored
Disliked{quote} Below 1.26 is too late, you will be leaving 200 pips on the table from 1.28. Also we don't have much time left since we are getting close to the next PCE release. Of course the bearish trend can continue with after the PCE but that's a risk. Better to decide that after we see the report. In a case of disinflationist PCE, you may get caught in a trend reversal again.Ignored
Disliked{quote} Just my two cents, i thought it could help since weekly green bars don't help muchIgnored
Disliked{quote} Maybe but i got feeling asia session will react down to usdjpy and gbpjpy, but little slow down too at GU, then LO GU will be down, uJ correction up and GJ flat, NY session all depends on newsIgnored
Disliked{quote} You need a little more than a "feeling". You need evidence, otherwise it's just a crap shoot. And here's a little piece of honey for Nordling's yummy fundies brain as well, the "news" ALWAYS shows up in the TA FIRST (well almost always ) I hope TraderFX that you read my article. https://www.forexfactory.com/thread/...0#post14802350 I don't need to smack you this time btw, market does an outstanding job of doing that all by itself. Hugs.Ignored
Disliked{quote} Just my two cents, i thought it could help since weekly green bars don't help muchIgnored
Disliked{quote} What won't help is the following PCE reading over time, yes it's in focus right now... I suggest forgetting about taking outright fundamental trades, knowing candles as the bare minimum, since there so simple. it won't always be this ugly.Ignored
Disliked{quote} You need a little more than a "feeling". You need evidence, otherwise it's just a crap shoot. And here's a little piece of honey for Nordling's yummy fundies brain as well, the "news" ALWAYS shows up in the TA FIRST (well almost always ) I hope TraderFX that you read my article. https://www.forexfactory.com/thread/...0#post14802350 I don't need to smack you this time btw, market does an outstanding job of doing that all by itself. Hugs.Ignored
Disliked{quote} Doesn't look like an app, but works like one. I accidentally clicked something and changed t an mobile version While use FF on your browser top right click on Open FF tap. {image}Ignored
Disliked{quote} Ma'am if you showed me how to predict the outcome of the news before they are released i would be your personal chef in the kitchen not asking for any salary nor holidays I am serious though, how do you even do that? i need itIgnored
Disliked{quote} I might have other duties for you too It's just experience, finding TA that works for you. For me, it's candles, moving averages, stoch, fibs, S&R. For others, it's pivots, EW's, trend lines and whatever else takes their fancy. Some like to scalp or intraday (which I do on odd occasions). But my preference is to position trade (hold 30 days or longer) and looking for the "stinky cheese" trade, e.g. EURCHF monthly chart - inverted bull hammer and stoch bottomed out. I went long at the base of the next monthly...Ignored
Disliked{quote} Ma'am you are making me blush I see you are holding positions over long periods of time. I do the same but these CB meetings can be annoying. Like what if SNB turned out hawkish instead of accelareting your trades? Is there a way to tell this beforehand? Or let me word it in another way, were you sure that SNB was going to be dovish and cut rates? So you saw the rate cut on the TA? From my experience sometimes these CB meetings play into my hand, accelareting my trades, sometimes eating up...Ignored
Disliked{quote} I just figured first, that it was a no brainer winner, because whether EUR goes on a binge or it's USD binging, this cross benefits. Second, I didn't think it would make one iota of difference what the SNB did, left rates on hold (which is in fact what I was expecting) hiked or cut, it was still a winner. The +ve swap rate is icing on the cake. Market is looking for yield. And which of course if why UJ just keeps pumping north. The key with position trades is to get on board early, cover your rear end by bringing your TP stops up and then...Ignored