Edit: LOL... and just as I say that. 38. (sigh) Short at 39.. so not the best range of prices.

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I've shorted from 31 and 27. I think 52 is done, which is a shame cos I hesitated yesterday right on 50. Oh well.... it's one of those "one of those" trading moments that kick around your noggin for a little while.

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I think these moves are YEN related. Which makes it hard on EURUSD to move. EJ and UJ are up.

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Best I could do was 18. SL to BE now. Yes, agree that 30 is the new 50. Grrrr.

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Indeed... just got in...look at that... Whipsaw! LOL Edit: That plays havoc on the 15M chart.... ZZBB has a Top swing...needing a Bottom Swing... but the 5M yeeha means that on the 15M, you may have thought the bounce off the Bollinger Mid was ...

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I think I might stay out. Too choppy for me to monitor constantly. Too many conflicting signals which happens when volatility decreases and range decreases. The average between many bars flattens and across different timeframes, is very lagging. Eg. ...

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This one didn't work. -4

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Morning All, Looks like another small range morning until news. Been scalping since 2924. Got a rare event on 15M, so pending long at 2923.9 and looking for the 2952 or higher for the short

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This has been the centrepiece of the action all day and although it's late, my eyes are still on 2952... whichever way. I clearly would prefer shorts, but then we still have Friday to contend with.... so today may actually be just a nothing day. I ...

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Since we're being philosophical, I think there's also an additional dimension: The Person or The Player We assume that all players are equal or homogeneous except for the 6 Chess Pieces in their arsenal. Whilst this is helpful in understanding the ...

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Hey Shiva! Here you go mate:

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Yes! I have definitely heard of that analogy before! The original analogy is that money = soldiers. If their not in your account (army), then they're not fighting for you. So you need to get more soldiers into your army!

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King = Idea / Philosophy Quen = Plan or Blueprint Knight = Execution (Strategy & Tactics) Bishop = Belief & Focus (Markets and Study) Rook = Infrastructure & Platform (Brokers, Systems, Records, Bank)

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The missus is out of town, so I might just do that after a trip to the pub!

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Price falls. Edit: I think you could rephrase it. Only few are buying at 2950...many more are buying at lower prices, and there are many sellers willing to sell.

EURUSD

It's possibly just semantics. I understand your analogy. Like fractals, it depends on how you cut it. My overall philosophy isn't written by me (someone else wrote it more elogquently than I could ever have), but it is one that I subscribe to. Kind ...

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Great explanation Max. I was trying to explain this to someone the other day but they couldn't understand that things had shifted...er..fundamentally. Their comment was that it was "unreasonable" for the market not to retrace... which was a fair ...

EURUSD

They key component is trust. What wealth was once backed by gold or precious metals/gems has now been replaced by fiat money which is not real. It is a paper "contract" between two parties to exchange value for something... this is entirely based on ...

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Yeah, good call. I closed early. Plan working nicely. Pendings in place!

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