{quote} I agree, there is a 2-minute lag from my observations, with both on IC Marekts. TV needs to step up their game if they want traders to seriously trade with the platform.
Candlesticks dont move markets, Volume does
- #72,963
- Apr 16, 2025 6:24pm Apr 16, 2025 6:24pm
- Joined Feb 2009 | Status: Down to Earth! | 2,358 Posts
fooled by randomness in art
Meditation All Time Return:
8.9%
- #72,964
- Apr 16, 2025 6:37pm Apr 16, 2025 6:37pm
- Joined Jul 2011 | Status: Gold Again | 10,557 Posts
Knocking on Heaven’s Door
It takes a lot for me to IGNORE you, but you can try.
- #72,965
- Apr 16, 2025 6:43pm Apr 16, 2025 6:43pm
- Joined Feb 2009 | Status: Down to Earth! | 2,358 Posts
{quote} It is Easter after all
fooled by randomness in art
Meditation All Time Return:
8.9%
- #72,966
- Apr 16, 2025 7:17pm Apr 16, 2025 7:17pm
- Joined Dec 2020 | Status: Re█████ | 2,867 Posts
Air force
- #72,968
- Apr 16, 2025 8:35pm Apr 16, 2025 8:35pm
- Joined Nov 2023 | Status: Trader | 2,321 Posts
vankiepsauff@gmail
- #72,969
- Apr 16, 2025 8:45pm Apr 16, 2025 8:45pm
- Joined Nov 2023 | Status: Trader | 2,321 Posts
vankiepsauff@gmail
- #72,970
- Apr 16, 2025 8:53pm Apr 16, 2025 8:53pm
- Joined Nov 2023 | Status: Trader | 2,321 Posts
vankiepsauff@gmail
- #72,971
- Apr 16, 2025 8:54pm Apr 16, 2025 8:54pm
- Joined Nov 2023 | Status: Trader | 2,321 Posts
vankiepsauff@gmail
A recap on last nights analysis and what to do once the market hasn't behaved the way you've expected.
I've also provided an example that is similar to what we saw during the Asian session last night. I'll try and sit down tonight to do an analysis on gold prior to laying face down palms up.
I can't seem to upload the video or the URL so I'm blessing you with a link
I've also provided an example that is similar to what we saw during the Asian session last night. I'll try and sit down tonight to do an analysis on gold prior to laying face down palms up.
Inserted Video
I can't seem to upload the video or the URL so I'm blessing you with a link
- #72,973
- Apr 16, 2025 9:12pm Apr 16, 2025 9:12pm
- Joined Apr 2021 | Status: Trader | 5,844 Posts
{quote} So far USDJPY is selling off, USDCHF is selling off, SPX is selling off. USD seems weak but risk currencies like AUD and GBP's rise against USD is muted. probably bc the market is in risk off mode. Fear Greed Index at 19. Only Gold, JPY and CHF doing good now. This all indicates to safe haven demand & USD weakness as of now
Today the market seems the opposite, US yields are up, USD is up but not for safe haven demand. The opposite, USD is recovering and the risk is on today. SPX is going up. Oil is also going up.
Safe havens like Gold, JPY and CHF are going down. Signing that USD strength doesn't come from the safe haven demand but it stems from the market feeling optimistic about the US economy or pessimistic about the others
I wouldn't short USD nor Gold today, buying safe havens looks risky too. Buying UJ and SPX looks tempting.
Tricky pairs to avoid trading today imo: XAUUSD, AUDUSD, NZDUSD, GBPUSD, USDCAD
You have watched The Market Snapshot, brought to you by Nordling
Happy trading everyone!
You have to have an IQ higher than 90 to interact with this user.
- #72,974
- Apr 16, 2025 9:23pm Apr 16, 2025 9:23pm
- Joined Nov 2023 | Status: Trader | 2,321 Posts
vankiepsauff@gmail
- #72,975
- Apr 16, 2025 9:35pm Apr 16, 2025 9:35pm
{image} Weekly Initial Balance (IB) is a concept that can be applied to the first two days of the trading week, typically Monday and Tuesday. Here’s how it works: High IB (Monday and Tuesday's High): The highest price reached during the first two days of the week. Low IB (Monday and Tuesday's Low): The lowest price reached during those same days. The idea behind using Monday and Tuesday as the Initial Balance is that these two days often set the range for the rest of the week. Here's why it's useful: Establishing the Range: The High IB and Low IB...
Reference: https://www.forexfactory.com/thread/...3#post15151833
Build habits through consistency
- #72,977
- Apr 16, 2025 9:44pm Apr 16, 2025 9:44pm
- Joined Jun 2013 | Status: enjoying life | 23,848 Posts
- #72,978
- Apr 16, 2025 9:57pm Apr 16, 2025 9:57pm
- Joined Apr 2021 | Status: Trader | 5,844 Posts
good morning team for many months when i was trading on demo many people called me many names, when i started on live nobody said anything. what happened ? its just 45 trades in 11 days {image}
As a 24 year old i still get surprised by people's childish behaviour sometimes. It's like world is just a big high school
You have to have an IQ higher than 90 to interact with this user.
- #72,979
- Apr 16, 2025 9:59pm Apr 16, 2025 9:59pm
- Joined Jun 2013 | Status: enjoying life | 23,848 Posts
- #72,980
- Apr 16, 2025 10:31pm Apr 16, 2025 10:31pm
- Joined Jan 2025 | Status: Trader | 1,661 Posts
https://x.com/moneyprinte