The chart above is just for entertainment, especially to my loyal fans. I hope you enjoy it.
Good luck.
Good luck.
Comment:
I wonder how many of you start selling @ 1.0803/28 ?
I would say many would have done so.
So how do we trade this?
But I guess you should know better than me :)
Good luck.
I would say many would have done so.
So how do we trade this?
But I guess you should know better than me :)
Good luck.
Comment:
Comment:
Wait?
Why wait? What am I waiting for?
For those waiting for a trade setup, you will be disappointed. What I am waiting for now, at the current price level, is for SELLER to once again take CONTROL.
And once SELLER is back in CONTROL, I will then start looking for the right opportunity to SELL. It is as simple as that.
Is there any hurry? Nope. Only fools rush in.
There is no CERTAINTY in trading, only PROBABILITIES. What I am doing - waiting - is to ensure a higher probability of a winning trade. So ask ourself - wouldn't it be better to start selling once we know who is BOSS?
Good luck.
Why wait? What am I waiting for?
For those waiting for a trade setup, you will be disappointed. What I am waiting for now, at the current price level, is for SELLER to once again take CONTROL.
And once SELLER is back in CONTROL, I will then start looking for the right opportunity to SELL. It is as simple as that.
Is there any hurry? Nope. Only fools rush in.
There is no CERTAINTY in trading, only PROBABILITIES. What I am doing - waiting - is to ensure a higher probability of a winning trade. So ask ourself - wouldn't it be better to start selling once we know who is BOSS?
Good luck.
Comment:
Comment:
When trading, it is very important to STAY NEUTRAL - do not be a BULL or a BEAR. Instead, have an open mind. Do not take up a 'position' and worse still, stick to it. This would make you miss out on opportunities. The fact remains NO one can be sure whether it will go UP or DOWN.
Learn to spot opportunities with huge R/R.
Now is a good time to BUY with price @ 1.0770 where it is in the Demand/Support Zone. Remember, BUY when price is LOW. You should know where to put the SL.
Good luck.
Learn to spot opportunities with huge R/R.
Now is a good time to BUY with price @ 1.0770 where it is in the Demand/Support Zone. Remember, BUY when price is LOW. You should know where to put the SL.
Good luck.
Comment:
Comment:
Buy when price is LOW
Sell when price is HIGH
Know the key levels @ BC - POC
Good luck.
Sell when price is HIGH
Know the key levels @ BC - POC
Good luck.
Comment:
Now, do you know why on on Dec 6 I say BUY?
800 :)
800 :)
Comment:
It seems that BC @ 1.033 is still holding up nicely :)
The answer is a definite NO - BUT we are getting there - slowly.
Why are we not there yet. Because the 10s02s is still inverted and financial condition is loose as ever. But OIL is moving down and so is bond yield. And until we are there, price will swing wildly and if we are not careful, we can lose money. If you look carefully, the last time it swings UP from 1.0448, it moves all the way to 1.1017!!! That is 569pips!!! So, lets not underestimate what the MARKET MAKER does viv-a-vis HEDGE FUND .
So how do we trade this?