I am already in Sisse Iteration 20B LMT sell 1.120x :nerd:

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that's why I said the amount of bids is huge down there so by following price action you might notice how market is digesting the load of bids and offers which leads to price deviation .

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Eventually which would most likely provide momentum for the move .

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There we go edit : one should notice that the amount of bids around 1.120x is huge .

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could we say that market is eager for positive US data prints ? In such case , does market sometimes have certain bias no matter what FA outcome unless it gets short circuited by major factors ? edit: I guess I am thinking out loud with a lot of BS ...

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I could agree with this .

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I have been asking some questions also . I need his knowledge to define some basic concepts in a way to remove noise from some of my trading habits . Hint : I have looked into some of Sisse S/R charts way back in the time .

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This is getting interesting

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Tough question Based on the neutral outlook short and mid term , I would say neither . On sell or buy outlook , I would say momentum via trapped bull or bear ...in this range , cheap tickets on extremes and smart money would spot the change in FA . ...

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Candle wicks from the upside are longer than the ones from the downside , how to use that as an indicator of what side has the most pressure and how much is it reliable by experience ? what is better for S/R calculations on a breakout and retest for ...

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Euro map still the same since summer Momentum areas depends on the pattern used no ? in this case while we're in a neutral range , I guess that price should swing to either sides extanding the distribution area on high volume with minimal retrace . ...

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Not at all , it's the discussion whether the FED is hiking or not that is irritating because no one knows what their next move could be . I said it many times why would market believe Yellen after she lost credibility over and over . So , instead of ...

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For reference , EURUSD gets bid everytime around 1.122x so high TF closes under is what I am looking for . Now just look at price action around that area .

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To be honest , one is fed up with same BS over and over ... if I type FED hike or not in the search area I would get thousands of opinions all over the year and yet we are clueless . Put aside FA , at some point [EURUSD] would pick a direction and ...

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Usually price doesn't stall a lot after news [ a flop in this case ] so any laggers could jump in. Thus , I am not playing the reverso on this one especially that we got CPI tomorrow to set the final deal in terms of next leg .

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Flop in US data is the new norm ! Could market ignore it ?!! edit : market has been selling usd before data that could be telling

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In another note , we got some real movers and shakers via news starting from Tomorrow both in sterling and USD in general , could be the reason why market is so cautious about a break till this very moment ! edit : notice that US data forecasts ...

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For those who are bored with EURUSD , remember that it's the most traded pair which keeps it in certain balance thus the low range on most days . There are plenty of pairs and I am not talking about exotic crosses , UJ , cable , loonie and ...

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You're getting it wrong ! I think he is referring to the compression range created with the high and low prior and after brexit happened , it's been neutral since then in 500 ticks range so the breach is not at 1.12xx handle but at the extremes . ...

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