DislikedI have a gut feeling dxy can test close to friday lows and then retrace back …..Ignored
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DislikedI have a gut feeling dxy can test close to friday lows and then retrace back …..Ignored
Disliked{quote} OK Just gonna consolidate this. I think we'll have a buy the dip situation next week then sell off later in the week. HTF, what do we see. Weekly indecision candle. IMO the wick is likely to be filled. We are in monthly supply not shown. Daily and H4 in an up trend and H1 a sideways market. DXY, Weekly indecision candle in a weak weekly demand zone. Daily and H4 in a down-trend, H1 a sideways market. Intraday I'm treating it as a range and looking at reversals but also cognizant of continuations. First i'm looking to buy the dip if it happens,...Ignored
Dislikedquite a lot of great traders going short so I am quite nervous about this but i am long from 2266 until 2292 hope it works outIgnored
Disliked{quote} Majority is selling. Facts are - According to Morgan Stanley, retail investors make up about 10% of the daily trading value of the 3,000 biggest U.S. stocks. Research indicates that approximately 9.6 million people are trading in forex online. Retail investors' share of total equities trading volume is now approaching 25%, up from 20% in 2020 and 10-15% the preceding decade. As of last Tuesday (new data released tomorrow). {image}Ignored
Disliked{quote} Majority is selling Hi Jolita. This does not mean that prices go down. CheersIgnored
Dislikedhad to widen my stop a bit which i don't like doing i think it's just stop hunting, it keeps getting absorbed we are on h1 demand on dxy {image}Ignored
Disliked{quote} Mysterio would you mind telling me which Market Profile you are using? i like how easy it is to read. Mine has so many colors its confusing. this is a pic of the one you posted {image}Ignored
Disliked{quote} Won't that require 'record lows' (or at least breaking recent lows) for the US$? Does that seem reasonable?Ignored
DislikedI have a Buy on GU. If it struggles later on I may not let it run to the TP. It depends on the strength of the price. {image}Ignored
DislikedTraders, Think of the market like a big party: 1. Invites are sent out (The Major News is Scheduled). 2. You want to arrive to the party before anyone gets there ( The Oversold or Overbought setup). 3. Guest start coming to the party when they hear the music ( When Major News is Announced). 4. Party gets out of control and cops show up everyone scatters ( Price spikes out of channels, time to get out)….{image}Ignored