Bear theory following latest move from 1.0360 to 1.0440: 1. retail-traders don't expect rate cut and dare bargain hunting before the fact 2. pro-traders (bastards) drive price up inviting bargain hunters to create volume and sell heavily before the ...

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consensus is no rate cut, am I correct?

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good explanation

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must say the lack of selling power at this point surprises me a bit. Anyhow below 1.0450 still holding a bearish picture with a LH, important data tonight the picture should be a lot clearer tomorrow...

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morning PTL thanks for the level, micro managing my scalping short here, like to see 1.0350 to lose it. It's a bit worrying though USDOLLAR strength doesn't get translated last few days, same to you!

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morning, 1.0413 (WPP) seems to have some influence AU M15: image

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good luck pipper, like to keep it below 1.045

The Really Useless Thread

no offense Daddy, this is a problem in almost all threads within FF, people are arguing too much on other's trades based on their own views not knowing the arguments of the trader they are questioning. It has no sense because it is impossible to get ...

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they are both broken and have no relevance anymore, besides that, they are very minor I must say trend lines mean very little in my analyses (even the one I drawn), levels are much more important imho

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bit thin to question other peoples trades on only that imo, unless you have a crystal ball... What hidden red line do you refer to?

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lots of colours don't know what they mean, you mean the changed channel from yellow to blue'ish?

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why's that Daddy?

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good evening, added short @ 1.0428 AU H1: image

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still same track USDOLLAR D1: image USDOLLAR D1:

The Really Useless Thread

Hi Arel, yes this is a very common problem there are 2 answers: 1. if you are a fast intra-day scalper be glad with 20-30 pips and get them faster not waiting for 50-100 pips even if they look likely. Your entries were ok enabling you tight stops. ...

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ah well, stupid name but can't change it anymore and the long run I'm happy with it though

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as long as the highs are lower and the lows are lower (LH's and LL's) bears are in charge, this might change above 1.0450: Have a nice weekend all AU H1: image

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don't pay attention to channels too much, levels are more important. Looking for a major turn between current and 1.38, no idea where it may occur though.....

EURUSD

came to that conclusion long time ago

EURUSD

collected +52 on my last short, leaving the other 2 run AU H1: image

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