Don't be early 
you are not expected to understand this
- #1,097,085
- Mar 16, 2017 6:22am Mar 16, 2017 6:22am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
I cannot fucking stand a sideways market.
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- #1,097,086
- Mar 16, 2017 6:23am Mar 16, 2017 6:23am
- Joined Feb 2017 | Status: pippin' | 1,139 Posts
I cannot fucking stand a sideways market.
The weight is down, it just didn't pull yet.
Good for scalping
the Red flags will screw everything up again today though...
just wait for exhaustion in the cluster, scalp it down to the neckline.
"But what if it breaks your cluster bullish?"
Dude... seriously.. take the 22 pips then, it is all on my chart
you are not expected to understand this
- #1,097,087
- Mar 16, 2017 6:23am Mar 16, 2017 6:23am
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
btw, speaking of fundamentalists. What I'd really need is a solid fundamental analysis of GBP/USD and GBP/JPY. If anyone could deliver something to me, I'd be greatful. Because on my technicals something looks weird and I am .... confused, to say the leastI have a strange feeling about this ^^
(but technical - I don't like fundamental analysis)
GU = fake bullish
GJ = bearish
On EU, enough for the week.
- #1,097,088
- Mar 16, 2017 6:25am Mar 16, 2017 6:25am
- Joined Sep 2013 | Status: boreddddd | 3,137 Posts
I cannot fucking stand a sideways market.
- #1,097,089
- Mar 16, 2017 6:29am Mar 16, 2017 6:29am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} Switch to 30s chart. We got a great trend running there! {image}
Member
- #1,097,090
- Mar 16, 2017 6:29am Mar 16, 2017 6:29am
"The cave you fear to enter, holds the treasure you seek"
- #1,097,091
- Mar 16, 2017 6:30am Mar 16, 2017 6:30am
{quote} Agree, but he probably meant M5, M15, chart
- #1,097,092
- Mar 16, 2017 6:34am Mar 16, 2017 6:34am
"The cave you fear to enter, holds the treasure you seek"
- #1,097,093
- Mar 16, 2017 6:37am Mar 16, 2017 6:37am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} I don't look at anything under H1
Member
- #1,097,094
- Mar 16, 2017 6:41am Mar 16, 2017 6:41am
Sentiments are saying 70% are short. If statistics say 90% of traders are wrong isn't it only logical to go long?
"The cave you fear to enter, holds the treasure you seek"
- #1,097,095
- Mar 16, 2017 6:43am Mar 16, 2017 6:43am
{quote} Ok, then sakisf is right, what range ? It's a beautiful bullish market since FOMC!
I should clarify. Trending and range-bound markets I can deal with. Once a range is established I find it pretty easy to play ping-pong. And when the market is in a trend that isn't some cocaine fueled investment banker smashing the buy/sell button over a news release, I'm pretty good at buying/selling on the retrace and taking profit on the extension. But this 10-20 pip range crap can fuck right off.
- #1,097,096
- Mar 16, 2017 6:48am Mar 16, 2017 6:48am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} Well I missed FOMC because my circadian clock likes to fuck with me and I passed out at 11AM EST, not to return until 6PM, right as the bulls exhausted themselves. And since then it's just been a bunch of tiny moves I can't make anything off. Figured I'd see a retrace, but no such luck. Now it seems the price wants to bounce off 1.071. And in a few minutes I bet it will start going down again, the prick.
I don't know, I hope UK monetary policy little show to start some PA.
Otherwise my ammo for up/down trading is getting lower.
....I hope to resist to US data releases later
Member
- #1,097,098
- Mar 16, 2017 6:55am Mar 16, 2017 6:55am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
Sentiments are saying 70% are short. If statistics say 90% of traders are wrong isn't it only logical to go long? {image}
any sentiment above 56% it's enough to have it the other way round (if 56% are short/ and 90% are wrong, it means 50.4 probability for long
)Ok now, will you put your money on that ...logic?
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- #1,097,099
- Mar 16, 2017 7:02am Mar 16, 2017 7:02am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
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