"Bulls make money, Bears make money, but hogs get slaughtered"
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Disliked{quote} Hi Mister G im also on the lookout at that level. it stirs me though why on a different broker(exness) the price doesn't slope as it does on yours! what could be the reason? {image}Ignored
Disliked{quote} That's because we use different brokers , every broker has it's own volume signature. Although there are some major differences between some brokers but they happen very seldom. To understand the market we need overall picture , do not bother with minor inadequacies like in this case. By the way it's going down like predicted. If you are short make sure to move your stop to a break-even after some time. Take care {image} G.Ignored
DislikedEURO/USD Long trade opened Stop hunt below whole level triggered the upward.., i conclude this reaction as a sign of strenght and take advantage of this as an longs opportunity. {image}Ignored
Disliked{quote} More and more hints, as well as a break through of short term resistance. Time for MM's to initiate another stop hunt before bringing EUR/USD up to complete a retrace for last week's sharp drop. That doesn't mean EUR/USD is upside biased, fundamentals still call for further weakness, just not today. Time will tell.Ignored
DislikedMarket Comment The network of interlinked Robber Bank MMs have decided now is the time to run currency stop hunts across the board. This is my opinion only, and my only question is will these stop hunt moves max out in the first or second part of the London session. -tahIgnored
Disliked{quote} {quote} We'll know soon if this is truely a good time to long. MM's still have every chance to continue a stop hunt below the whole level again before moving upwards. I've longed since MM's 2nd long builder hint. Fingers crossed.Ignored
Disliked{quote} That's because we use different brokers , every broker has it's own volume signature. Although there are some major differences between some brokers but they happen very seldom. To understand the market we need overall picture , do not bother with minor inadequacies like in this case. By the way it's going down like predicted. If you are short make sure to move your stop to a break-even after some time. Take care {image} G.Ignored
Disliked{quote} The question begs, time to add or do we expect it to go lower.Ignored
Disliked{quote} Well, we cannot know how the MMs will move price, because they react to orders being placed on the price queue. Which means they might continue to press onwards if such will better profit them, and stall/range or reverse if not. And, what difference does it make what they do? We realize that when indeed price is later moving the other way we will get good opportunities where there is momentum. What more do we need? So, unless we are addicted to unnecessary risk taking......... tahIgnored
DislikedUSDCAD Look at the stinking low volume as the MMs ram the price back up to test support turned resistance. "Test" is such an uniforming name. This is a Pump n' Dump, ......with the Dump part yet to come, and with it will come increasing volume. Just my opinion. {image}Ignored
DislikedEURJPY Long Trade Open: Entered on retrace as previously posted. The retrace is not as low as wished for. If price does go lower while I am at the computer to assess the situation, then I might add to this trade at such lower price area. TP set, SL mental reminder via our Trade Levels indicator. {image}Ignored