Watch for a roll ... Expecting
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Edit : 1.1233x may bring e/u to resume the downtrend & a close below 1.1208xÂ
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Edit : 1.1233x may bring e/u to resume the downtrend & a close below 1.1208xÂ
Re-Incarnated
The Really Useless System 25 replies
Bloomberg: VIX Indicator useless for forecasting the direction of equity prices 0 replies
The Really Really Boring Forex System 97 replies
Disliked{quote} Only people that constantly post their scorecards and quote themselves are the online pretenders looking for followers and a red flag. ie. EU thread wannabes or commercialIgnored
Disliked{quote} ...Sterling trying to avoid a  range has a certain timeline ?Ignored
Disliked{quote} Sterling (GU) is not about if but when but timing is a bit more complex at these levels as we already trading 30 yrs lows and ialready devalued a huge amount for such a ahort period of time. 2 fronts for Sterling: -> On the mid/long term for article 50 etc. Thngs have turned sour on the Brexit front, as for today (it will change for better or worse later) we are aligning for a HARD brexit. They are even extreme concerns that they will loose even accrss to the common market. Trading those expectations is the capitulation move (1.22xx etc)...Ignored
Disliked{quote} Basically it's same trades same all but as we trade expectations and get closer to the time limit [key datas , more headlines...] that should translate into ebb and flow of legs . Now how we trade these legs if they are taking too much time to pan out ? we know the basics , we have the tools and ready to pull the trigger but for the sake of the trade , is it woth it time wise ? Aren't we going to get lost in the intraday flows and dull moves even weeks of waiting in a compression range or a level that won't break after X attempts to get...Ignored
Disliked{quote} Now you are getting off track ... If you correlate the major moves with the intraday moves obviously you will get lost ... This moves in e/u has almost practically changed every traders mind ... This is the game of patience ... Remember what sisse told before the iteration ... It has no time limits ... And the main fundamentals doesn't gets played so easily .... Sooner or later it will be paid off ...  If you have a good r:r then yes it's worth it ....ÂIgnored
Disliked{quote} Edit : what do you think how much pips you can accumulate on +/- 200 pips compressed range ...it's not written anywhere in the books to trade daily ... If you still wanna trade ... Try understand how scalpers earn ...Ignored
Disliked{quote} Let me be clear , my comments has nothing to do with my actual trades and I am in no case losing patience or getting off track , fortunately I am just pointing out a fact that is disturbing for most who hasn't been in the market for too long . I do not question Sisse iteration and no one should as it is a rather simple exercice to make a trade r:r wise at certain timings . Finally , I am certainly not correlating major moves with intraday ones , I am trying to point out the opposite , that intraday moves could get one off track easily...Ignored
DislikedLooks like EU cleared some weak hands while I was gone so now- following our little candlestick patterns sisse was kind enough to post- can we agree that 1.1198 is the next make or break point for bears to take? So far it's either triggered stops or large buyers....but they'd be buying into a nasty bearish 4 hour candle and fundamental news that is USD positive...so my money is on cleared stopsIgnored
Disliked{quote} I was thinking 1220 for bears to take with a daily close if they mean biz. It's the low on previous 1D candle after rejected at highs and this one closing lower would be a good sign for sellers. Not to mention 1220 is looking awfully 'flippy' ('flippant'?)as of late: {image}Ignored
Disliked{quote} ? we know the basics , we have the tools and ready to pull the trigger but for the sake of the trade , is it woth it time wise ? Aren't we going to get lost in the intraday flows and dull moves even weeks of waiting in a compression range or a level that won't break after X attempt.... !Ignored
Disliked{quote} Let me answer it in very simple and practical words: If you are in the mid term swing short you should be fully loaded or you are a plain 'idiot' (bare with me on this one x a moment). Why: 1. Becuase in Neutral you trade to the inside and avoid fading the middle 2. Because you should have loaded the core of the position with cheap tickets and already have a decent a save free matress to pretty much minimize all risk (this is our job remember.... minimize risk not count unrealized gains)... 3. And more importantly you are and can hold short...Ignored
Disliked{quote} That's the whole point of me asking those questions I have my mid term trades [core short Euro from above] and I am trading the iterations live also [ 1 pip = 1$ ] for the sake of the exemple . Let's talk about minimizing risk , if one is to be in the mid term trade , then my target MM wise would be a % of my capital on that trade . In that case , if I am to wait a long time for the move to pan out then I would expect a satisfying return compared to what I am investing and here we talk about money and time . If I am willing to take swing...Ignored
DislikedDo you know of any (that are free) that present real-time sentiment estimations based on social media and/or financail press data mining?Ignored