Disliked{quote} We could/should head into accumulation area for awhile now with a tight ranging patent, Then possibly see the breakout at or before NY Opens,Ignored
5 min chart has broken through the trend line,
looking for bullish set up,
3
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Disliked{quote} We could/should head into accumulation area for awhile now with a tight ranging patent, Then possibly see the breakout at or before NY Opens,Ignored
Disliked{quote} At least you now know that retail algos exist that can trade as good (if not better) than human traders.Ignored
Disliked{quote} Based on the Pitchfork, it is hard to state the probable direction because the PF is currently unconfirmed. We need to wait to see how price reacts at the lower median line to secure a higher directional probability.Ignored
Disliked{quote} Another possibility is that the price action will retest the 18.2% fib line at 1.15049 area again,????Ignored
Disliked{quote} I don't disagree...and now i have hope to automate my own strategy noth'n but love for mbrown and his alter ego!Ignored
Disliked{quote} 5 min chart has broken through the trend line, looking for bullish set up,Ignored
DislikedIf correlation works, GU usually correlates with EU, and it's heading down with fury. Maybe it suggests EU may also follow? I never trade correlation but it just caught my eye now. Any thoughts, please?Ignored
Disliked{quote} Personally, I advise you to ignore it. Correlation holds a lot of value for correlation specialists but muddies the water for non-specialists and leads to indecision and bad trades. My 2 cents.Ignored
Dislikedwhen in doubt i go to my personal strength meter.... This is the situation: USD and EUR are in balance (6 vs 5 && 3 vs 3) but all the liquidity is going to other currency trading. {image}Ignored
Disliked{quote} You attracted my interest with the strength meter. Mind sharing it ? Kind regardsIgnored
Disliked{quote} Yea. Time will tell. But I'm desperately waiting for this train to get back to the station to hop in. Though I hopped in initially out of frustration as mentioned b4 but hopped out with +10pips with the pause @ 1.1512 because my entry was hopelessly bloody and couldn't afford a pull back if it occurs from there. But that seems wrong now as price is still tankingIgnored