Greetings all and especially to the master of self-discipline, Brixen.
I feel the need to share this with you because I am hoping it might help somebody and any conversation might stimulate my own thoughts.
I started trading the DAX in early 2011. Early last year I stopped trading because of having care for a dying mother. Coming back to the markets recently, I have noticed how things have changed. In particular I have noticed how more rigid the price action has become, and it is not unique to our beloved DAX.
In the US markets trades are now more than 65% automated. With my screenshots below I show what I think in that Europe is catching up.
If I am right, how can we protect ourselves better and also take advantage?
The first screenshot is of the FTSE CFD action today. The first peak was at 9am CET.
The second screenshot is of the DAX CFD. The high of the day was at 9.30am CET.
My chart is quite simple to illustrate the mechanized nature of today's action by way of the horizontal lines having been generated at midnight last night. Yes, 8 hours before serious trading started. The very left of the charts start at midnight. (I prefer leading indicators; call me crazy.) Not all days are like this, but it is becoming increasingly common.
Is anybody else seeing and sensing the changes that I am? Brixen, your experience says?
Maverick
I feel the need to share this with you because I am hoping it might help somebody and any conversation might stimulate my own thoughts.
I started trading the DAX in early 2011. Early last year I stopped trading because of having care for a dying mother. Coming back to the markets recently, I have noticed how things have changed. In particular I have noticed how more rigid the price action has become, and it is not unique to our beloved DAX.
In the US markets trades are now more than 65% automated. With my screenshots below I show what I think in that Europe is catching up.
If I am right, how can we protect ourselves better and also take advantage?
The first screenshot is of the FTSE CFD action today. The first peak was at 9am CET.
The second screenshot is of the DAX CFD. The high of the day was at 9.30am CET.
My chart is quite simple to illustrate the mechanized nature of today's action by way of the horizontal lines having been generated at midnight last night. Yes, 8 hours before serious trading started. The very left of the charts start at midnight. (I prefer leading indicators; call me crazy.) Not all days are like this, but it is becoming increasingly common.
Is anybody else seeing and sensing the changes that I am? Brixen, your experience says?
Maverick
RULE 1: Trade what you see, not what you think.