{quote} How so? What do you mean by that? I just waiting for a new high to be made already man! This shit is annoying, lets fly! But of course everyone wants to short always.
{quote} weeks like this I don't like because of all the news events; market knows feds stance on interest rates but I guess or it seems like for big money they don't have a problem being on hold for days until news events clear and market can establish fair price
{quote} I seem to remember you saying you didn't use channels or use them much and that you found that image interesting and would look into it ( dont see the post I remember you saying that)...was wondering if you did and showing how several days later price action is still respecting the channel...however i did think it was a breakout the other day {image}8/31 now 9/11 {image}
{image}{image}
Look at GBP/AUD! See how much power it has. It will make a new weekly high. And maybe moreeeeeeee.
Very important story Todays move to 1810-15 region was obvious.There were multiple supports at 1830 area-in order for financial institutions to make money we have to take they stop loss-technically make them sell their position.Bigger institution level was at 1810 area(area where we buy).In order for big institutions to make money we have to kick somebody out-but to the bigger banks level.Keep this in mind,before big news or events supports and resistances have to be broken i can explain it a little bit deeper,but this is how market technically...
To make money.... {quote} Do you really think financial intuitions chase retail stop losses....
{quote} Do you really think financial intuitions chase retail stop losses....
{quote} Do you really think financial intuitions chase retail stop losses....
{quote} Of course they won't get rich with our money ... because they never really liked us to be in their party. they turn us into JOKES/CLOWN every day by manipulation move.. cheers..
or whoever your broker is or buys and sells FX contracts for?
