Disliked{quote} at least they drove it up again, quickly, so far what a dirty game - the big addresses can move the price wherever they like to have it. PERIOD. At least for a short time.......Ignored
below 1372 it gets bearish
Disliked{quote} at least they drove it up again, quickly, so far what a dirty game - the big addresses can move the price wherever they like to have it. PERIOD. At least for a short time.......Ignored
DislikedEU this afternoons rally has retraced nearly 61.8% should turn south soon, shouldn't it?Ignored
DislikedEU sentiment analysis derived from Oanda although over two-third of the traders have short positions in EU {image} the overall sentiment seems to be bullish the EU, because the vast majority of open orders are long orders {image}Ignored
Dislikedone ideas of many EU 30min TF {image} Suggestion is: when price breaks the upsloping channel, we may be in for, at least, a somewhat deeper retracement EU 67% bulls (inclining fast) Crude 67% bulls (declining slowly) Gold 51% bulls (neutral reading since nearly two weeks) DXY 37% bulls (decling fast) most retail broker outlets show heavy bearish positions in EU, but open orders data show, that the crowd seems to wait for slightly lower prices to go heavily longIgnored
Disliked{quote} That is good time to shake them all out. How do you think? D.P. {quote} Yes, It is a very possible configuration. That is what we have been thinking of before... D.P. {image}Ignored
Disliked{quote} You are thinking about selling over 1,15. Right. I've got 15'10 more or less. Do you think It will get there? I've got the RSI daily overbought.Ignored
Disliked{quote} Yes and Yes. As to RSI, it does not matter. Price can go higher with drift, no strength. D.P.Ignored
Disliked{quote} You are thinking about selling over 1,15. Right. I've got 15'10 more or less. Do you think It will get there? I've got the RSI daily overbought.Ignored
DislikedPositioning Data from SWFX weekly TF {image} on the chart I have marked the periods, where the traders were significantly net short or net long. The grey rectangles mark areas, where they had net losing positions. Levels on the sentiment indicator below of 50 marks shorting, above 50 long positions. It is a sad chart...... Interestingly enough, within this net losing periods, they often get it right. Example: price declines, and the retail traders build up their long positions. At the very turning points they often have their largest net long (or...Ignored
Disliked{quote} over time I have abandoned the momentum indicators only use for me now is to eventually detect the wavesIgnored
Disliked{quote} Yes and Yes. As to RSI, it does not matter. Price can go higher with drift, no strength. D.P.Ignored