I mean is there any correlation between SP 500 and euro like between EURUSD and USDCHF.
If euro goes up sp 500 goes up?
If euro goes up sp 500 goes up?
We all need pivots to win..yes or not? 13 replies
The System (Irony included) 1,175 replies
DislikedGood morning,
this market is still super range.. I would stay away from trading every hiccups or singals in the range area.. sure it can break away at anytime, but i be more selctive and take my shot above 5010s and below 4960s areas and stay away from all the signals in between.. treat it like a bracket..
this is what i would do.. you of course can do as u wish my brothers.. lolIgnored
DislikedI have to be brutally blunt.
There's nowhere that I can point you out. The information books etc, other than Jesse Livermore and Nicolas Darvas, is simply : biased. The internet is 100% biased. crappolandia in my opinion. If I knew something worth it, I will send you without hesitation.
Markets have certain inter-dependency which is beyond the scope of anyone's view. This is where trading becomes art literally.
Guys, I sincerely wish I can put something together on this and some other subjects. If you bear with me, I have 2 open classrooms...Ignored
Dislikedtook -13 on this trade, been out for a few hours, seems like this thread is slowly ebbing away, not much chat.........i sure hope notIgnored
DislikedDefinitely the 1.50 area was acting up as a ceiling. The market simply saw euro @1.50 too expensive. We might get to 1.50 again but for now we need to see how long the short last.....People migth begin to change euro's for gold so don't be surprise if you see the E/U going down again in the next few days....heads up.
I personally prefer for the market to break the 1.50 barrier. When that happens, a new surge of traders comes to the market giving us plenty of bull meat...hard and fast...it happened when the market broke 1.45 in 2007....
I know...Ignored
Dislikedtook -13 on this trade, been out for a few hours, seems like this thread is slowly ebbing away, not much chat.........i sure hope notIgnored
DislikedJust not a particularly tradeable day today. I stayed out all day - no momentum and no direction during the major sessions. Not ebbing away...not possible... - 10,500+ posts!!!Ignored