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  • #1,201,961
  • Oct 30, 2021 4:02pm Oct 30, 2021 4:02pm
Quoting OnlineAddict
{quote} USA is gone, Biden admin will destroy it in no time. Canada the same. Australia is gone, now worse than China when it comes to human rights, so my hope goes towards Latin America and some countries in Europe. Northern Europe is fine, life as usual, no restrictions, no covid hysteria. Some of the south is ok, too. I am in Croatia right now, came for a few weeks and there is not even a sign of covid here, no restrictions, no covid pass, no masks, life as usual. But if I turned on the news, I am sure they would tell me how lucky I am that I...
i actually think its the chinese model they are going for. massive state control, socialism for the poor, capitalism for the rich (until they need bailing out), social credit etc. social credit systems are going up everywhere in the west.
In tea leaves we trust!
  • #1,201,962
  • Oct 30, 2021 4:04pm Oct 30, 2021 4:04pm
oh nooooooo, with my recent ignores i'm now a yellow again - low impact.

i'm feeling a little suicidal right now.
In tea leaves we trust!
  • #1,201,963
  • Oct 30, 2021 4:05pm Oct 30, 2021 4:05pm
i must now take stock of my life. ....
In tea leaves we trust!
  • #1,201,964
  • Edited 11:39pm Oct 30, 2021 11:23pm | Edited 11:39pm
Quoting Techanalyst
{quote} Supply/demand exist in every asset in trading. You just have to know which one's to look for and which one's are not. Especially on daily,weekly, monthly they are there and they work. That is where banks and institutions traders look for liquidity to either buy/sell.
Many Action/Reaction situations can be tentatively modelled into S & D, even more when economists are interpreting them.

Whenever there is an imbalance, hey we found a S&D situation!

Ultimately we could say that some guy is fat or skinny as a consequence of the Demand for food from his cells and available Supply of money in his wallet to buy it.

Inflation, GDP, Unemployment, Interest rates, Monetary Policies do not matter? All day long tricky moves by GBP has nothing to do BoE manipulation?

What matters to move prices are pending orders placed by the banks? What happened last Friday for EURUSD had anything to do with S&D?

S&D has no good explanatory power (in my opinion).
Follow your guts, if you want to lose your money...
  • #1,201,965
  • Edited 12:03pm Oct 31, 2021 12:00am | Edited 12:03pm
Quoting JotaP
{quote} Many Action/Reaction situations can be tentatively modelled into S & D, even more when economists are interpreting them. Whenever there is an imbalance, hey we found a S&D situation! Ultimately we could say that some guy is fat or skinny as a consequence of the Demand for food from his cells and available Supply of money in his wallet to buy it. Inflation, GDP, Unemployment, Interest rates, Monetary Policies do not matter? All day long tricky moves by GBP has nothing to do BoE manipulation? What matters to move prices are pending orders...
Good explanation. There is only one way to beat the market, get it right all the time. To get it right all the time you must have the mathematical formula. If there are 10 guys with 100$ each and one of them has an item called eurusd which he puts up for sale at 15$ and one of the 10 guys decides to buy we have now 8 guys with 100$ each, one with 115$ and another one with 85$. We still have 1000$ alltogether. This price will keep rotating up & down but the total sum for buying power is still 1000$. What changes is the amount of money that each individual has and the price being offered for eurusd. Now, where is the complexity? Time. So as time goes by we have more and more guys coming into the market with 100$ each and thus the item´s price can spread more and more. So natural law is the result of how far up or down can the price travel according to the buying power and wealth there is adding the total sum of all participants. That information is known by someone who has accsess to everyone´s account balance and positions. We call it MT4, lobby etc or any other platform with the authorized protocol. With the introduction of Artificial Intellegence it is possible to be worked out in less than a second. Offering leverage makes it even easier for the AI to wipe you out. Now, it is not the real amount that all participants have, its much more, non-existent and margen calls is the instrument to wipe your account with the trick of spreading(manipulating the price beyond your real purchasing power) specially at selected hours like 23 to 0 hours everyday in my case.
POSTMASTER
  • #1,201,966
  • Oct 31, 2021 12:26am Oct 31, 2021 12:26am
how can you write such long footcloths, too many letters. Better to dose information.
  • #1,201,967
  • Oct 31, 2021 12:54am Oct 31, 2021 12:54am
Quoting forex-wolf
how can you write such long footcloths, too many letters. Better to dose information.
I try to explain best possible as it is difficult to grasp when you are only doctrinated to pivots, resistence support etc. People need to understand things the simpler the better eventhough its useless. Most TA is perfect to misguide and harvest the herd. I may be wrong too

Now, i will have someone replying that it is not true , I am profitable every year and vanish
POSTMASTER
  • #1,201,968
  • Oct 31, 2021 12:58am Oct 31, 2021 12:58am
Let see how it goes this week as i normally approach markets in a personal unique way. I think it will be very good and the answer to how come will be TA
POSTMASTER
  • #1,201,969
  • Oct 31, 2021 1:03am Oct 31, 2021 1:03am
Quoting forex-wolf
how can you write such long footcloths, too many letters. Better to dose information.
You are being ripped off, its a scam. the best in the world. Is that better?
POSTMASTER
  • #1,201,970
  • Oct 31, 2021 1:05am Oct 31, 2021 1:05am
See you tomorrow at the pitch. Have a nice day
POSTMASTER
  • #1,201,971
  • Oct 31, 2021 1:35am Oct 31, 2021 1:35am
Quoting Robinhood1
{quote} Good explanation. There is only one way to beat the market, get it right all the time. To get it right all the time you must have the mathematical formula. If there are 10 guys with 100$ each and one of them has an item called eurusd which he puts up for sale at 15$ and one of the 10 guys decides to buy we have now 8 guys with 100$ each, one with 115$ and another one with 85$. We still have 1000$ alltogether. This price will keep rotating up & down but the total sum for buying power is still 1000$. What changes is the personal amount of...
Of course.
Some financial instruments can be considered limited resources, at least partially, like stocks or bonds, and generate S&D-like movements.
However, currencies are not limited resources, central banks can print as much as they see fit.
Central Banks can even buy and sell to themselves undercovered as different entities. This will move prices in any direction they want, causing a reprice. Days, weeks, months or years later they reverse the move and the whole operation becomes cost neutral in the ledgers, but in the meantime through this price manipulation, they cashed huge amounts of liquidity from other market players.
Follow your guts, if you want to lose your money...
  • #1,201,972
  • Oct 31, 2021 2:44am Oct 31, 2021 2:44am
Inserted Video
  • #1,201,973
  • Oct 31, 2021 3:23am Oct 31, 2021 3:23am
Quoting Nordling00
Week Ahead with Nordling Next week will be a crazy one with RBA, FOMC and BoE meetings. Let me share my expectations from these meetings. Let's start with the Reserve Bank of Australia (RBA): Australian core inflation rate is now at 2.1% and the inflation target of RBA is between 2-3%. So we can safely say that inflation is not a big concern Australia. Unemployment rate currently stands at 4.6% which is even below the pre-pandemic level and considered as a natural unemployment rate. So with these numbers, i think RBA Monetary Decision will...
I noticed that too, better bring your A-game



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It takes a lot for me to IGNORE you, but you can try.
  • #1,201,974
  • Oct 31, 2021 4:34am Oct 31, 2021 4:34am
Quoting Erebus
{quote} I noticed that too, better bring your A-game {image}
Don't worry this week will be a fun one Even more funny than the previous
You have to have an IQ higher than 90 to interact with this user.
  • #1,201,975
  • Oct 31, 2021 8:25am Oct 31, 2021 8:25am
Quoting JotaP
{quote} Many Action/Reaction situations can be tentatively modelled into S & D, even more when economists are interpreting them. Whenever there is an imbalance, hey we found a S&D situation! Ultimately we could say that some guy is fat or skinny as a consequence of the Demand for food from his cells and available Supply of money in his wallet to buy it. Inflation, GDP, Unemployment, Interest rates, Monetary Policies do not matter? All day long tricky moves by GBP has nothing to do BoE manipulation? What matters to move prices are pending orders...
This last Friday, EURUSD went up because of US GDP numbers. Now it is at 0.4% compare to forecast 0.7% but better then previous which it was -0.1%. That is why EURUSD went up. Now take a look at EURUSD chart daily, how it reached supply zone on Friday, which is pretty much very simple good explanatory. Now look at the hourly, it broke the resistance zone where a lot of traders would enter sell too early and would be wiped out of that position, it goes a bit more up where liquidity is, and it goes down. It is very simple to trade and recognize S&D, but it takes time to learn it, and it has to be backed up by fundamentals.
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  • #1,201,976
  • Oct 31, 2021 9:43am Oct 31, 2021 9:43am
Quoting Techanalyst
{quote} This last Friday, EURUSD went up because of US GDP numbers. Now it is at 0.4% compare to forecast 0.7% but better then previous which it was -0.1%. That is why EURUSD went up. Now take a look at EURUSD chart daily, how it reached supply zone on Friday, which is pretty much very simple good explanatory. Now look at the hourly, it broke the resistance zone where a lot of traders would enter sell too early and would be wiped out of that position, it goes a bit more up where liquidity is, and it goes down. It is very simple to trade and recognize...
It can be a good explanation for you but not for me.

But the amazing thing about these analyses is that if we can't find the zones on a timeframe we can continue looking on other timeframes until we will eventually find them.

But the important thing is that the conclusions make you happy and fulfil your expectations and happiness is what matters in this life.
Follow your guts, if you want to lose your money...
  • #1,201,977
  • Oct 31, 2021 3:36pm Oct 31, 2021 3:36pm
The EURUSD market is in a bearish mode. However, on the daily time frame, price action is now retesting the 1.15500/1.15200 demand zone (green). There was a relatively strong bearish drive into the zone on Friday, but the lower shadow of the candlestick indicated bullish resistance. We may see some brief bullish or sideways price action in the zone in the early part of this week before a bearish directional momentum continues.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #1,201,978
  • Oct 31, 2021 5:29pm Oct 31, 2021 5:29pm
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Only an idiot knows with certainty to where the market is going.
  • #1,201,979
  • Oct 31, 2021 5:41pm Oct 31, 2021 5:41pm
Quoting MrBullBear
{image}
closed me long, i'll pick this up nearer to the bottom. just seeing short term friction.
In tea leaves we trust!
  • #1,201,980
  • Oct 31, 2021 5:56pm Oct 31, 2021 5:56pm
Quoting Mcbeaners
{quote} closed me long, i'll pick this up nearer to the bottom. just seeing short term friction.
I adjusted my stops and added.
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Only an idiot knows with certainty to where the market is going.
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