COT: The precious data ignored
{quote} You're free to think to whatever you want, however, I've proven this time and time again catching entries and exits to the pip. It's no secret that bankers know a lot more than retail traders who are trading moving average crossovers, RSI, and other such nonsense. It's a simple fact whether you agree or not
still, you can prove me wrong by showing you live account
Everyone has a plan 'till they get punched in the mouth.
- | Joined Oct 2011 | Status: Trader | 1,010 Posts
Hi Xandi, nice trading. What i don't understand, you had two excellent short entries at 1.13681 and 1.13569 and you closed it b4 the news.
The unemployment estimate was rather on the high side at 280k that was reached only once in 5 months. So chances were intact for a bit a longer move.
Nonetheless, good trading mate.
The unemployment estimate was rather on the high side at 280k that was reached only once in 5 months. So chances were intact for a bit a longer move.
Nonetheless, good trading mate.
{quote} closed stopping by now, 1.1315 (target for this short retracement) or 38%fibo maybe another good spot for longs, must analyse right the chart, since my bias/sentiment is long until 1.1580. {image}
- | Joined Mar 2015 | Status: Trader | 697 Posts
{quote} i am sure that such levels exist, i agree with that. i just think you are not one of those people that know these levels... because people that do know these levels sure have a better thing to do than hang on forex factory all day long
Don't trade the noise
- Joined May 2014 | Status: Full Time Trader | 23,883 Posts
{quote} Where do you see the MM's buying? I see bearish momentum now, could be short-term...
Be a seer, not a looker!
- | Joined Oct 2011 | Status: Trader | 1,010 Posts
{quote} I didn't know 9 was for forex as well.
