Daily POC 1.2131
No orders "order block" ()
Worth looking for longs to fill that slippage, we'll see...
Worth looking for longs to fill that slippage, we'll see...
2
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
Disliked{quote} It is much easier to turn on the light switch than it is to know why the light exists. But few people actually have any need to know and really don't care why the light exists. They simply want to flip the switch and have the light work. And even when the light does not work, their thoughts do not turn to probing for the "why" of its existence: They turn to the "why" of it not working.Ignored
Disliked{quote} So this is my explanaition "example" of Headland´s post about news. Traders who rely on news should know why, when and what just like an electrician knows. Not blaming anyone for not knowing the origen of things. just a comment buddy.Ignored
Disliked{quote} I already worked out why market spikes one way o the other when news show up. I already mentioned it some time back.Ignored
Disliked{quote} I already worked out why market spikes one way o the other when news show up. I already mentioned it some time back.Ignored
Disliked{quote} For those who can't be bothered looking, it spikes due to liquidity being removed from the markets. About 80% of all orders are removed from the order books minutes before Red news hits.Ignored
Disliked{quote} So does knowing why the markets spikes in a particular direction help you to enter a trade in a specific direction, or is knowing why not a direction predictor, and merely provides some conversational material for after the spike is over?Ignored
Disliked{quote} For such a large percentage of the orders to be removed, there must be shipload of bots programmed to act based on the time of pending news release.Ignored
Disliked{quote} Because of this. When they move together, it's an "inefficiency". So GU needs to revert back to original. It's not an indicator, it's my own model. {image}Ignored