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- Skracor247 replied Jan 6, 2023
There are two main thoughts on price movement. 1. Total Random Walk: Price has no reason for doing anything. 2. Price Manipulation: Markets are completely controlled by large corporate entities that move price at their whim and for their benefit. ...
- Skracor247 replied Jun 16, 2020
I hope you were able to get the short from 1.7650. You would be in a nice profit by now.
- Skracor247 replied Jun 8, 2020
I felt I needed to unpack your chart a little more. Second push down on Daily chart. image Third push on 4H chart showing the end of the second Daily push. image Could have had a safe entry short on the end of the third push up on the 1H chart ...
- Skracor247 replied Jun 4, 2020
Level 3 After Stop Hunt completes looking for opportunities for shorts. image
- Skracor247 replied May 27, 2020
One possibility for USD/CAD. This would be temporary as I see dollar strength against all currencies for several more months. image
- Skracor247 replied Apr 8, 2020
You might get another opportunity. image Not trolling. You should know me better than that. This is my technical analysis.
- Skracor247 replied Mar 17, 2020
Yes, that is it. You will find that Steve has closed the thread and it is no longer open for questions. There are PDF's on there condensing all the most important member's posts. That would be the quickest way to scour that daunting thread. Have ...
- Skracor247 replied Mar 17, 2020
With the value of stocks decreasing you are seeing the destruction of dollars. This means dollar strength as they become more scarce. That is why you saw gold fall at the same time as stocks. It didn't fall as far though as some of the money taken ...
- Skracor247 replied Mar 16, 2020
Captain Jack used to be active here on FF. He then moved to SteveHopwoodForex and then he started a forum of his own which he no longer maintains and is now defunct. Most of what I have laid out in this thread I learned from scouring his material. A ...
- Skracor247 replied Mar 15, 2020
No reason not to.
- Skracor247 replied Mar 12, 2020
UJ held down as Asia uses JPY as its safe haven. Gold not falling as hard as it is the West's safe haven. Still plenty of dollar strength showing in gold. Dollar being undermined by lower Oil prices. Printing soon... Who will they give it to? They ...
- Skracor247 replied Mar 12, 2020
All this is buddy is Dollar strength as all the cash is sucked out of the markets by the stock market tanking. The same thing happened to the Yen after the Tsunami in 2011, wasn't it?
- Skracor247 replied Feb 11, 2020
I just see this as a possibility... image
- Skracor247 replied Feb 11, 2020
Time for a TP???
- Skracor247 replied Feb 11, 2020
It seems like a pretty good possibility. image image
- Skracor247 replied Feb 9, 2020
Yes, while their economy is not growing, this points to more Easing in the future. Currently however it seems they are about tied as far as easing and interest are concerned as far as a comparison to the EU. In my thinking, they are about tied in ...
- Skracor247 replied Feb 9, 2020
I see EUR/JPY as the Weakest/Strongest pair in the Yen book. Sell EUR/JPY until the coronavirus outbreak peaks and a little beyond until the full damage to the Chinese economy is known. They will have a correction as there is pent up demand in ...
- Skracor247 replied Feb 9, 2020
Great post! This can also be explained in a chess analogy. You can reasonably predict the next move or two of your opponents using these same techniques. However, the farther into the future you are predicting the less accurate your predictions ...
- Skracor247 replied Feb 6, 2020
I agree. Being in the market every day is important for your growth as a trader. Just like any other skill, trading is developed by practice.
- Skracor247 replied Jan 30, 2020
We have all heard of the dangers of the Martingale System. If you don't know what that is DON'T look it up. You could, however, reverse that 'averaging down' thinking to increase the profits of your winners. Instead of adding to your positions as ...