DislikedOkay, here is another example. Do you guys see that big ass gap on EU? Do you know why it didnt fill yet, also why it is hesitant to do so? Because the herd sees it too and they are mainly short. Just look at the positions on FF, I know it only shows those who have TE, but probably a good proxy for the whole market. Since the gap appeared you can see in the EURUSD thread, everybody is going crazy at every downtick "be ready, big fall coming now, the gap will be filled, get ready for big red candles, woooo". Because that is the conventional technical...Ignored
--->>> There is no market rule that says " gaps must be filled " . We see gaps as traders.People and companies that use the Euro / USD don't see the gap and just keep filling orders.
Just look at the positions on FF, I know it only shows those who have TE, but probably a good proxy for the whole market
--->> Not a good proxy at all.COT report maybe but leave that aside.One day someone might build an EA to trade the revers of the potions here at FF and make a good deal of money
Amazingness in abundance