I threw a long on to 0816. Woke up to find it TPed. We now return you to your normal Bear programming.... with so much red news today, if we get a return to 0820, we can hammer it short

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Not going to tell Patience to go long here, at least not with large volume and not without a tight stop.

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Market is showing it’s hand here. Yes there is more downside. No, now is not the time to ride that short cause there will be a better entry later. and by better, I mean safer and more predictable.

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Expecting the news to spike and trap one way or the other from here. If the banks wanted to shaft all the short sellers, they’ll jump low under the market and pull back hard until they all hit their stops and change direction long.

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I pay no attention to economic news because what the banks do with price is the only real news. I did study economics, but it is a social science and has no immutable laws like the laws of physics that - in turn - would allow accurate predictions. I ...

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Will be funny to see the market reset under the recent low... but honestly it could go either way.

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The bears have stopped for now. Still on the sidelines awaiting the next swing. There may be a pull back. There’s a time to trade and a time not to trade and now’s the time not to.

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Ok fast move down but the pullback was heavy. We must be nearing the end of short selling. I am just in the sidelines waiting for the next swing.

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Pathetic trading range. Probably crosses are moving

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Not trading this. Possibly looking at the end of the run here. Not sure though so no trade until confirmation

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That’s OK, I have a big enough account to not care.

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I got my punch below the fake support. decided to TP. Price can possibly get a little unpredictable now. I will probably wait a few days until the market can figure out what it’s going to do next. I would expect further moves down but there’s ...

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We are nearing the end of last week’s cycle, true. Market is dragging it’s feet trying to finish it up. I still have a short on from yesterday, but will probably move stops to BE +1 now I have collected some positive swap on it. Expecting turbulence ...

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Price eventually will want to punch through this fake support.

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Well the thing is, if you know what you are doing, you *can* trade like that BUT if you knew what you are doing you would also know that better entries exist before the move, reducing the amount of drawdown and risk on your position. And that’s why ...

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You can risk large if you know that you are right. If you’re on the fence about a trade, perhaps you shouldn’t be trading ? Anyway, price did what I expected it to do and crawl back. Hit 200ema in US session and faked out the london traders with an ...

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it’s nearly the end of the week, so you should always square things away before then. Otherwise you can get some nasty gaps from your dealer, and some of it won’t even paint on the chart.

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We may get a correction, but maybe not until next week. Downside isn’t finished. Maybe we’ll get a head and shoulders here for the pullback but then I’ll just short it again

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I think we may see another short around 0866 likely to happen in the US session because those traders have been left emptyhanded by the latest moves

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