Disliked{quote} Seems like that rings true with your Daily chart posted previously. You don't think this resistance will hold?Ignored
careful not to step in a pile of it
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Disliked{quote} Seems like that rings true with your Daily chart posted previously. You don't think this resistance will hold?Ignored
Disliked{quote} Seems like that rings true with your Daily chart posted previously. You don't think this resistance will hold?Ignored
Disliked{quote} I think resistance won't hold. If you look at the weekly chart,you see a major breakout that means that more highs to come. what i post yesterday is alt1 count, alt2 which i might post later is more agressive. Daily ALT 1 EW Count {image} Weekly Chart {image}Ignored
Disliked{quote} I wish you the best of luck. Every time I think I understand the market...I get a new lesson when the market hands me my head.Ignored
Disliked... I caught up to a point where I can now at least rationalize what is happening, which means I become active again. By the time I catch up, surely I will have to chase it down again. ...Ignored
DislikedAt least I finally have time to play catch up! During this last month or so, I felt like I didn't understand what the market was doing! Now it's starting to make sense to me again.Ignored
Disliked{quote} I agree... understanding what the market is doing in the moment of "right now" and then seeing what price did to get to this moment (of now) gives consistent clues to the status of how the order flow is effecting price. Once you can see this clearly...(as clearly as possible)... the it becomes more accurate to anticipate changes in the order flow that will have a profound effect on future price. This allows a greater accuracy in you execution...both entry AND exit. It takes a bit of time to see it but once you do you cannot UNsee it.Ignored
DislikedWant to hear a really bullish theory I've been tossing around for gold? So the next global recession is probably 12 months away. CBs will lower rates, but the lower bound is going to be maybe -1%. So to provide additional accommodation they'll resort to QE and buy bonds. But are there enough bonds to buy? With fiscal stimulus, hopefully but let's not count on it. Even if there are enough bonds to buy, are CBs going to buy negative yielding bonds? So with bonds too there's going to be some sort of limit on how much can be purchased. What do they...Ignored
Disliked{quote} I wish you the best of luck. Every time I think I understand the market...I get a new lesson when the market hands me my head.Ignored
DislikedThat's the nature of the dynamic aspect of the market.....and we either adapt or loose buck on it.....constantly learning!Ignored