GBPUSD
noticed the hanging man on W1 time frame.
noticed the hanging man on W1 time frame.
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DislikedEURUSD Long Trade Opened: Scout entry. Most of the day has been spent with the MMs forcing the price lower, generally with increasing volume as the price went lower, ahead of the EUR high impact release tomorrow. Even the US open MMs first forced the price lower still before buying it back up, with increasing volume as the price came back up from the lows. And now, in after hours when there is less competition for the liquidity created by manipulating prices, the MMs have forced the price lower again. IMHO they are triggering pending short orders...Ignored
DislikedAUDUSD Long Trade Opened: Classic entries based on series of bullish PA waves and a current retrace towards previous local support at the 1/4 level, and also based on this current series of bullilsh PA waves being the second act in a show that started with a previous series yesterday, both beginning from below the lower whole number (PVSRA). {image}Ignored
Disliked{quote} AUDUSD Long Trade Closed: Closed for gain of 60.7 pips average, 182.2 pips total. {image}Ignored
Disliked{quote} http://www.zerohedge.com/news/2014-0...ion-stealth-qe given how CNY stimulus, directly affected AUD now, I am very very close to taking a loss on my aud/usd short trade... TAH, if permits, could you elaborate more on this pair? your thoughts on how it will react when the asian sessions starts tomorrow, and if the MM is bear. Sighted in xxx/aud, aud/xxx confirms fresh strength in AUD... shrugs.Ignored
Disliked{quote} Market Comment: Sudden High Volatility RelaxRay, Not I, nor anyone else except the Robber Bank MMs, know how price will move next. Chart analysis is an okay thing to do, just so long as you do not allow yourself to take your own - or anyone else's - chart analysis seriously. Because we cannot know how the MMs will move price, having a bias could keep us from trading a perfectly good setup. Some interesting volatility just occurred in the market. As the MMs whip or whack price under such circumstances it is all too easy to lose sight of the...Ignored
Disliked{quote} I assume the MM is bear. With last onslaught, i do believe, liquidity will be thinned, so MM begin building their short gradually. They probably knew what the gbp news result, but i doubt they knew about scotland result. Retest of 170 area, they would. Am i get it right? Scout entry, will cut if bounce into 175.500 {image}Ignored
Disliked{quote} AUDUSD Long Trade Closed: Closed for gain of 60.7 pips average, 182.2 pips total. {image}Ignored
Disliked{quote} I hope you are right because I am also short now... I prefer to short GBPJPY which infers a NO (because GBPJPY is high) than GBPUSD which infers a YES (because it is low). You understood I also bet YES to scottish independence based on UK bookmakers odds, google trends, latest polls..., etc, and also high volume when the GBP drops (relative to when it raises). By the way, someone knows why (often) some market participants try to decrease or increase the price just before the closing of a H4 candle? It happens also hourly sometimes. Are...Ignored
DislikedClosed longs AUD/USD +8550 points & opened short fo quick pips short {image}Ignored