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- 16 Results (5 Replies , 11 Comments )
- Dr.Wut replied Jun 22, 2018
There wasn't a volume spike for the inverted hammer. So it was more of a market pause than a short signal IMO. Gotta respect market context, the bullish engulfing w/ high volume spike tells the story. Always a probabilistic thing tho. Stay green ...
- Dr.Wut commented Jan 25, 2018
Best let the price action play out to determine if it's a fake or not. Stay safe people. We live in interesting times...
- Dr.Wut commented Jan 25, 2018
Saw this good cop routine coming a mile away... I mean I thought it was a mile. Turns it out was a few feet from my face. I need better glasses. Really, he couldn't hold off this talk until his Davos speech? dag nam it.
- Dr.Wut replied Jan 25, 2018
April fools day..? I laughed out loud. I hope no one is trading based on this forecast alone.
- Dr.Wut commented Jan 25, 2018
Reinforces my conviction to close my longs going into the Trump Davos speech tomorrow. Mnuchin played the bad cop that weakened the USD which subsequently hit EUR and Asian equity markets, now Trump sounds like he might decide to play the good ...
- Dr.Wut replied Jan 25, 2018
Taming the lazy greed monster is the most important developmental step. The monster's logic always goes something like.... "Look, it has to top sometime! It's gone up so much, this has to be it! That price action looks kinda-sorta-maybe ...
- Dr.Wut commented Jan 25, 2018
The historical significance doesn't hold much weight right now, to be honest. USD weakness is the driver even if the EUR weakens. With that said, I do expect a sudden drop to try to make us retail bulls feel shaky, though. If Mueller interviews ...
- Dr.Wut replied Jan 25, 2018
No sell signals as far as I'm concerned. Only long scalps on lower TF dips today though. I won't be holding any positions over Trump's Davos speech. Post-Davos..Buying dips, targeting 1.26. Subject to change if some cataclysmic sell signal pops up.
- Dr.Wut replied Jan 25, 2018
I'm going to panini out of this one and close my longs until after Super Mario gives it his best shot. Then I'll open new long positions until the lord of orangeness disgraces Davos with his incoherent presence. The market algos are going to be more ...
- Dr.Wut commented Jan 25, 2018
It's like he's screwing with the market algos on purpose...like he knows what word combinations will trigger reactions. *clutches tinfoil hat* Now think about the catastrophic word salad Trump will be introducing to the market algos Friday. I'm ...
- Dr.Wut commented Jan 24, 2018
*Canned laughter* (Very stable currency, like the very stable genius.) All righty then, this confirms it. It's like the strongest bearish signal you could ever ask for. USDX heading for the low 70s.
- Dr.Wut commented Jan 24, 2018
And they bitch about China being a currency manipulator. LOL.
- Dr.Wut commented Jan 24, 2018
It's an incomplete equation to begin with. He was literally calling and asking advisors like Mike Flynn if a stronger USD was good or bad for the economy. If the orange one expects the economy to be bigly wonderful just because of the shoddy tax ...
- Dr.Wut commented Jan 24, 2018
He'd love that. Trump's equation is weak USD = stronger economy = guaranteed reelection. Nowadays I'm convinced he exaggerates his ridiculous persona to purposefully foster political uncertainty and drama. The kind that chases away USD investors. ...
- Dr.Wut commented Jan 24, 2018
Woo!! shutdown showdown round 2 incoming, I guess.
- Dr.Wut commented Jan 24, 2018
We're gonna need a lot more covfefe
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