Disliked{quote} Run up, if dumb money decide to close most of their massive short bet {image}Ignored
For sharing such a great information.
This bring me to a story of two children, each racing to complete a giant jig-saw puzzle.
Both are working on the same puzzle with an equal number of pieces (the same structure), but one child has a picture of the finished puzzle and one does not.
Obviously, the child with a knowledge of the whole picture will finish first.
The Profile graphic is much like an intricate puzzle.
Its structure reveals more and more as the day nears completion.
But, like the child with a picture of the finished puzzle, traders with an understanding of the "big picture''—those that can see the market develop before it is revealed by structure—are generally the first to put together the pieces of the market.
Market time and trading logic are the two big picture components of a whole market understanding.
Only through a synthesis of all three components will a trader successfully put together the puzzle.
Keep up with your great post , am appreciate it with many many thanks
PAT
Fear of losing is the #1 reason you are losing.
3
5
My view for GBPUSD and possible scenario. D1 chart Short term target 1.3320 - 1.3340 confluence point 1 (fib.ret. 0.238 level/lower channel) very achievable next week. Thanks to the "falling wedge" pattern which should be a catalyst to take price back into the channel and target area. 1.3420 (fib ret. 0382) level also achievable. 
"Falling wedge" pattern target 1.3495/resistance level coincides with the Fib. ret. (0.50) level. Strong confluence2 point! as DXY seems overbought at the moment....
Let's see some experiment for baby snakes
