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- bmac replied Jul 15, 2023
Correction: should be 2022 close
- bmac replied Jul 12, 2023
I don't think that is what Ata does or what his method suggests(I understand that is not what you said, but it's his forum) In this case, those that are trying to fade the rally may just be trying to scalp for a few pips counter trend or hoping for ...
- bmac replied Jul 8, 2023
Still targeting 1.12 to 1.15.
- bmac replied Feb 1, 2023
Some of us were speculating it would get there. It was a target. (Think moving averages) The specific detailed price action of how it will get there is unknown, but the speculative target is there. Positioning requires getting a perspective of where ...
- bmac replied Jan 14, 2023
image I posted this here but it does not update in the home page forum listings. eurusd h1 url
- bmac replied Jan 14, 2023
To gain perspective on relative position.
- bmac replied Jan 7, 2023
I was going to start a new thread, but I found this one with basically the same headline. So here's to an update. To provide an overly simplistic answer to the OP question I would say: Because I like it when the market makes it obvious and allows me ...
- bmac replied Aug 24, 2022
[[[Sorry, I initially responded to the wrong post.]]] I agree 100%....BUT...be mindful of imposing cognitive rigidity upon your speculative perspectives. What could be less risky than fading/speculating/positioning the smaller counter trend cycle ...
- bmac replied Aug 29, 2021
Some extreme detail for anyone interested. This price action on such a small time frame is amazing to me. In my opinion this is an example of why using moving averages can be so important. This price action within the context of larger time frames ...
- bmac replied Jun 5, 2021
Strong supply zone but big bars printing higher lows and higher low swings(demand zones) so far. ie. still appears to be accumulation
- bmac replied Dec 30, 2020
Maybe.... And here's another look at the same thing....only different! This summation is what we're fighting when fading rallies.
- bmac replied Dec 19, 2020
image I wonder if this will lead to higher interest rates eventually? Dec 20 Edit: Another observation for consideration is the relative strength of current bullish rally relative to the previous down leg from the 2018 highs. So far the current ...
- bmac replied Oct 24, 2020
I'm still bullish, still buying dips....and here comes US presidential election.
- bmac replied Oct 24, 2020
Yes price is everything....and I find that it is IN everything we have the option of putting on our chart and taking the time to figure out how to use it. My recommendation is not to disregard all the tools available just because it looks cluttered. ...
- bmac replied Mar 7, 2020
For anyone interested in a perspective; A few of my foundational reasons it was time to speculate to buying dips this week and last even though I was way late (should have tested entries inside the 2017gap zone): The main reasons to think this was ...
- bmac replied Aug 26, 2018
Anything's possible, but I see it as the dip was the break (or fake) and the move back to the compression point as a pivot. The resulting W1 formation is formidable and it would be a surprise to me at this point for the market not to reach the first ...
- bmac replied Aug 25, 2018
I don't see any problems here and I think Red would be pleased to see some traders making an attempt to emulate his style. I think the point is to take what works for you and make profitable trades however you can. This is a legendary thread that ...
- bmac replied Sep 19, 2015
Not to be a PITA or contradict anything on this fine thread, but the divergence in your post is neither a hidden divergence nor technically a double top since new highs are made. Rather, as I'm sure many of you are aware, this is a classic, text ...
- bmac replied Sep 12, 2015
Interesting. Good thread. Your definition of the balanced zones seems very similar to identifying potential supply-demand zones. After 11 months and 3500 pips down, engulfing the previous 2 years(which to use your definition would be entirely ...
- bmac replied Dec 14, 2014
Great to see some activity here from the old gang along with some "new" faces ;-) Some really nice work. Thank you Red. I took this off of the W1 open after the D1 pin/hammer formed. image