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Mcbeaners replied Dec 2, 2021hmm i use them all the time, but like most indicators you have to understand context, trend and using them in conjuction with other tooling.
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Mcbeaners replied Dec 2, 2021horizontal price like this means one of two things, accumulation or distribution.
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Mcbeaners replied Dec 2, 2021cd - for fa news, does what it says on the tin. ---- also fun fact its an ecplise on friday or saturday. not sure if its a fully moon or lunar. but should be a mental day regardless.
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Mcbeaners replied Dec 1, 2021well if today's news can't move it then tomorrow is a day off imo. trade the ranges until the news imo.
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Mcbeaners replied Dec 1, 2021gold and sterling look like longs. silver and copper not. we'll see.
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Mcbeaners replied Dec 1, 2021completely agree, normally they do oposites of each other. my guess right now is massive up here and down on friday. just guessing. i'm out for the moment, eu is just trading the daily vp node, which it will do until the news. imo.
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Mcbeaners replied Dec 1, 2021well should have guess they would go lower then i thought. down to the 1.0 fib still like it over = 1309
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Mcbeaners replied Dec 1, 2021price vs cd. well out of wack. impulse can overwhelm control but that doesn't happen often. let's see.
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Mcbeaners replied Dec 1, 2021cd is suggesting they broke the asian shorts only to absorb the london session shorts. if i was short i would close just below the lows here.
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Mcbeaners replied Dec 1, 2021sure looks like we are going for those highs as mentioned here.
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Mcbeaners replied Nov 30, 2021pro's will be targetting this high to take out the shorts imo. if they do then h&s in play. target 1.15352.
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Mcbeaners replied Nov 30, 2021just got back to the screen. 4hr candle came and went. no retrace to allow me in. all today's action did was allow those that took thursday and friday off to get in. that what it's purpose was. it has gently rose up and will continue on it ...
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Mcbeaners replied Nov 30, 2021i stepped out and didn't want to stay in. now see i should have stayed in. anyway, i'm going to come back when this current 4hr candle is about to close and see what happens.
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Mcbeaners replied Nov 30, 2021cd suggests they bought the hell out of this drop. translation suggests its was a long sell off. i think it will drop to my fav price of 12905, just missed it in the previous bottom.
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Mcbeaners replied Nov 30, 2021maybe sideways ish for this 4hr candle. there is now a very good long setup on the 4hr chart, but the current 4hr candle shouldn't rise too much imo. we'll see. i'm out again.
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Mcbeaners replied Nov 30, 2021ok i reversed long here. i did catch some of that slide, but it exceeded my expectations.
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