End-Time Investor
- Post #1,131,941
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- Sep 4, 2017 3:21am Sep 4, 2017 3:21am
- Joined May 2016 | Status: IconAlive | 5,985 Posts
- Post #1,131,942
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- Edited at 4:12pm Sep 4, 2017 3:32am | Edited at 4:12pm
- Joined Jul 2016 | Status: Member | 3,216 Posts
{quote} Agree. Mondays use to be dull for trading. Mondays + US bank holidays use to be much more dull for tradinglol But it's an important thing to remeber that if low liquidity market then any speculative huge order can create a spike heads in one direction, then followed quickly by a movement in the opposite direction (check whipsaw in finance) Therefore, it could be a fun day for scalpers
Welcome back....
I agree with everything you just said.
but if I may say just for the sake of the conversation, my trading style rarely does rely on spikes......
I need to weighted the market conditions before I take a trade....in a range I will trade the range, in a trend I will trade the trend, if the trend shows me weakens I will be looking for a reversal.....I occasionally trade spikes and when I do always in light of the market conditions.....if she is in a range I will be looking to fade her....If I feel she just broke out and a new trend is due I will be looking for and H1 or an H2 at the average.
And when neither of the above conditions are present or is not clear my best trade is to stay on the side.
All the best for the day.
trading is simple but is simple is not easy.
- Post #1,131,943
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- Sep 4, 2017 3:39am Sep 4, 2017 3:39am
- Joined Dec 2015 | Status: Member | 13,924 Posts
{quote} Tud Welcome back.... I agree with everything you just said. but if I may say just for the sake of the conversation, my trading style rarely does rely on spikes...... I need to weighted the market conditions before I take a trade....in a range I will trade the range, in a trend I will trade the trend, if the trend shows me weakens I will be looking for a reversal.....I occasionally trade spikes and when I do always in light of the market conditions.....if she is in a range I will be looking to fade her....If I feel she just broke out and...
Of course that the most of us use to trade confirmated breakouts, not occasional erratic spikes,
but there are so many trading styles, if you know what I mean...
I myself I'm such an enthusiast scalper sometimes...
Best, Zen!
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- Post #1,131,944
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- Sep 4, 2017 4:16am Sep 4, 2017 4:16am
- Joined Jan 2010 | Status: The Voodoo Boodoo Club | 27,201 Posts | Invisible
Luring some in at daily pivot ,then it should bounce to weekly pivot ,,, what Im holding out for any way ,couple little longs from 80 they stps just below todays low ,,,,,,, will move up if it bounces. 
- Post #1,131,946
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- Sep 4, 2017 4:20am Sep 4, 2017 4:20am
- Joined Dec 2015 | Status: Member | 13,924 Posts
Hey, guys, where do you see the USD and Gold after the next NK ICBM ?
...cose Gold looks like a sure deal these days
(little cynical)
...cose Gold looks like a sure deal these days
(little cynical)
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- Post #1,131,947
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- Sep 4, 2017 4:25am Sep 4, 2017 4:25am
- Joined Jan 2010 | Status: The Voodoo Boodoo Club | 27,201 Posts | Invisible
- Post #1,131,949
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- Sep 4, 2017 4:29am Sep 4, 2017 4:29am
- Joined Jan 2010 | Status: The Voodoo Boodoo Club | 27,201 Posts | Invisible
{quote} Ha sorry i was meaning 1916...typo..pivot
- Post #1,131,950
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- Sep 4, 2017 4:29am Sep 4, 2017 4:29am
Hey, guys, where do you see the USD and Gold after the next NK ICBM ? ...cose Gold looks like a sure deal these days
its all just one persons opinion....
- Post #1,131,951
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- Sep 4, 2017 4:31am Sep 4, 2017 4:31am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 4,924 Posts
Simplicity is the ultimate sophistication - Leonardo da Vinci
- Post #1,131,953
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- Sep 4, 2017 4:34am Sep 4, 2017 4:34am
- Joined Dec 2015 | Status: Member | 13,924 Posts
{quote} Gold might start to look cheap....
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- Post #1,131,954
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- Sep 4, 2017 4:35am Sep 4, 2017 4:35am
- Joined Jan 2010 | Status: The Voodoo Boodoo Club | 27,201 Posts | Invisible
{quote} {quote} Thanks, bros!
- Post #1,131,955
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- Sep 4, 2017 4:37am Sep 4, 2017 4:37am
{quote} Funny, cose intercontinental ballistic missiles (ICBM) use to rise the Gold's price
its all just one persons opinion....
- Post #1,131,956
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- Sep 4, 2017 4:38am Sep 4, 2017 4:38am
- | Joined Apr 2016 | Status: Member | 1,127 Posts
- Post #1,131,957
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- Sep 4, 2017 4:40am Sep 4, 2017 4:40am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 4,924 Posts
Simplicity is the ultimate sophistication - Leonardo da Vinci
- Post #1,131,958
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- Sep 4, 2017 4:42am Sep 4, 2017 4:42am
- Joined Dec 2015 | Status: Member | 13,924 Posts
{quote} Good to see your voice bud ,,,,,
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- Post #1,131,960
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- Sep 4, 2017 4:48am Sep 4, 2017 4:48am
- Joined Jan 2010 | Status: The Voodoo Boodoo Club | 27,201 Posts | Invisible
Yea ax , (eur) its gonna hit the weekly pivot ,lol 