Btw C0mar how do you do when it comes to setting a Stop Loss? Do you even use Stop Loss?
- Post #70,742
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- Oct 1, 2020 11:24am Oct 1, 2020 11:24am
- | Joined Apr 2016 | Status: Member | 40 Posts
Got it , thanks .Thank for your hard working CORma , no wonder it's awesome . 
- Post #70,743
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- Oct 1, 2020 11:34am Oct 1, 2020 11:34am
{quote} Excactly , you are right , I forgot to mention with SUPDEM . Thank you .
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- Oct 1, 2020 11:39am Oct 1, 2020 11:39am
- | Joined Apr 2016 | Status: Member | 40 Posts
{quote} Hi please explain what is SUPDEM ?
- Post #70,746
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- Oct 1, 2020 11:41am Oct 1, 2020 11:41am
- Joined Nov 2016 | Status: Member | 2,356 Posts
C0mar one day when I make in this business i'll fly to you and buy you a cup of coffe, and remove those lines from your templateHonestly how can u understand anything from that, jeez....
- Post #70,750
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- Oct 1, 2020 12:09pm Oct 1, 2020 12:09pm
{quote} Those blue or red bar shows the S/R
not good for old guys to catch on.OK it is it is SUP(ply) and DEM(mand) zones - GOT IT ! ! !
THANKS
- Post #70,751
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- Oct 1, 2020 12:49pm Oct 1, 2020 12:49pm
- | Joined Sep 2020 | Status: Member | 25 Posts
- Post #70,752
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- Oct 1, 2020 1:00pm Oct 1, 2020 1:00pm
- Joined Nov 2016 | Status: Member | 2,356 Posts
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- Oct 1, 2020 1:11pm Oct 1, 2020 1:11pm
- Joined Nov 2016 | Status: Member | 2,356 Posts
- Post #70,756
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- Oct 1, 2020 1:12pm Oct 1, 2020 1:12pm
C0mar, my jedi, ez trade? just kiddin haahah im breakeven for the day at least there's that, a few hours ago i just wanted to cry hahaha (just kidding), i was sad tho hahaah
- Post #70,757
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- Edited at 1:28pm Oct 1, 2020 1:13pm | Edited at 1:28pm
- Joined Nov 2016 | Status: Member | 2,356 Posts
- Post #70,758
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- Edited at 1:45pm Oct 1, 2020 1:22pm | Edited at 1:45pm
- Joined Jan 2019 | Status: Member | 1,488 Posts
This week's COT report showing some bullish EU moves coming up. These are 1.5 to 2Wk lead indicators. I found someone online who reverses the numbers and then uses them for the current week. Still testing that, but EU is bullish soon. Looking at EU we show a nice support level below to reinforce this theory. {image}
Remember this post?
Here is the latest COT.
It looks like they are still adding more longs than shorts. I am thinking the bottom of the blue channel, but let's see. Also keep in mind that the GU chart is experiencing similar characteristics. The US is going into an election cycle with a batshit crazy incumbent in office. Risk will DEFINITELY be ON. Thus driving the USDX up. In my opinion it is for this reason that the dollar came down to these lows. The banks and financial institutions pushed it here in anticipation of he oncoming risk of the election. Otherwise one would find it rather odd that the dollar lost value during a pandemic which one would also think would mean risk on. Just the ramblings of a Guerillapip.
When you feel like you HAVE to trade is when you least should!
- Post #70,760
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- Oct 1, 2020 1:24pm Oct 1, 2020 1:24pm
- Joined Jan 2019 | Status: Member | 1,488 Posts
When you feel like you HAVE to trade is when you least should!