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- notouch replied Oct 7, 2021
Hardcore pivot action on crude oil this week. R100 straight down to the weekly pivot. Do you ever trade it directly? image
- notouch commented May 14, 2020
Time to short USD.
- notouch replied Mar 18, 2020
Bank of England intervention.
- notouch replied Jun 1, 2017
Thanks for the suggestion. I'd like to do that because that indicator is definitely something that would help me visualise my current strategy better, but it would be a massive hassle and probably wouldn't even work. I think the indicator must be ...
- notouch replied May 31, 2017
So it's a bug that doesn't affect everyone. That doesn't mean it doesn't have a bug.
- notouch replied May 30, 2017
Nice idea but TDI RED GREEN BAR.ex4 causes my MT4 to hang. No other indicator does that so must be a coding issue.
- notouch commented May 30, 2017
This isn't an opinion poll but an analysis of 'microdata'. Wait for the short covering back up to the weekly pivot.
- notouch commented May 26, 2017
A hung Parliament would be a disaster for Brexit negotiations, which is why the pound is in freefall.
- notouch replied May 24, 2017
The problem with trading GBP/USD at the moment is that different brokers have different prices for the low of the flash crash, so it's difficult to draw long-term fibs. Some brokers have their low as something like 1.1425 but this was just because ...
- notouch commented May 24, 2017
This is the guy who can create £ from nothing on a computer. God help us.
- notouch commented May 18, 2017
Good trading. That situation where a round number is acting like a magnet and price keeps bouncing near it is one of the best trades because it suckers in a lot of traders who have to cover after the breakout. It happened a few weeks back when the ...
- notouch commented May 18, 2017
I would call it a short squeeze rather than a hunt. With all those stops above 1.3 you'd expect it to accelerate so I don't know where UOB are getting their 1.3030 resistance from. I don't see any real resistance until 1.3440 but the 50% fib might ...
- notouch commented May 18, 2017
GBPUSD neutral: '1.3030 is expected to offer solid resistance' Really?
- notouch replied May 11, 2017
How much time do you spend staring at the screen each day? I think the more time you spend staring at the screen, the higher the probability of 'losing the plot' and entering trades just to relieve the boredom or because you're worried you'll miss ...
- notouch commented May 9, 2017
Everyone except the clowns at CNBC. Buy the rumour sell the news. What's unexpected about that?
- notouch commented Apr 30, 2017
This is a total non-story and posters saying this will cause a big gap down are clueless. Everyone knew the EU would take a tough negotiating stance. No one thought they would just give May everything she wanted. If GBP does gap down it's because ...
- notouch replied Apr 16, 2017
Comparing treasuries to forex is not comparing like with like. Notice this website is called forexfactory, not treasuriesfactory. If you want to talk about treasuries go to elitetrader. I made it very clear my comments were comparing fx futures to a ...
- notouch replied Apr 16, 2017
For scalping it does but for trading the 4H charts it makes very little difference. When you're looking for a 500 pip move trade placement is more important. Also the liquidity isn't there in the futures market, especially on crosses, so you're not ...
- notouch replied Apr 16, 2017
You're the one who has no clue, that's why you keep backtracking. First you claimed you could see 'someone' i.e. one trader placing large orders, now you're just talking in general terms about order flow. Of course you can use order flow to scalp. I ...
- notouch replied Apr 16, 2017
Not really true. You're instantly down trading futures too as you have to pay a commission to your broker that's typically equal to about 1 tick. Some forex brokers have favourable spreads so you only need the market to go 0.5 pips in your favour to ...