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- xRedStaRx replied Jun 19, 2021
What do you mean price moves in perspective of stop hunt, you can't determine that from daily change or ATR
- xRedStaRx replied May 22, 2021
What is this mental masturbation, and how is it going to make you money?
- xRedStaRx replied Feb 26, 2021
Hey Moty, GU is a trend pair, which means you don't go against the trend. If you don't like having money, I will gladly accept PayPal. Thanks,
- xRedStaRx replied Feb 15, 2021
UJ will easily go to 110 this year. Also that chart on money supply and FED wanting stronger USD is bullshit.
- xRedStaRx replied Feb 6, 2021
Hi M, that would be me. Since I posted on the thread might as well contribute, 8800 EG level inside D1 to watch for next week. image
- xRedStaRx replied Jan 27, 2021
Doesn't seem like you've properly read what I had, in any case, have a good day as well.
- xRedStaRx replied Jan 27, 2021
Banks MATCH the books, they provide LIQUIDITY, they fill ORDERS, and they make COMMISSIONS for their effort or else they wouldn't be able to run a business without REVENUE. SMART MONEY buys an asset like EUROS with the expectation to sell it at a ...
- xRedStaRx replied Jan 27, 2021
Banks are dealers, they make commission and match liquidity in FX markets, in treasury markets, in equity markets, they do not take naked exposures on their books, hence they are NOT smart money and NOT for profit. Speculators are SMART MONEY, ...
- xRedStaRx replied Jan 27, 2021
No clue where you got that from, probably someone who sells a $1,000 forex course, you don't know what you're talking about.
- xRedStaRx replied Jan 26, 2021
You have no idea what you're talking about. Speculators are smart money and can lose money. Being smart doesn't mean you are always right. Dealers provide liquidity like you said, but for hedge and market making, not for profit.
- xRedStaRx replied Jan 26, 2021
You wrote Dealers (smart money), it's the speculators not the dealers.
- xRedStaRx replied Jan 26, 2021
Dealers aren't smart money.
- xRedStaRx replied Jan 3, 2021
The correlation between USDJPY and the stock market has broken down since COVID, risk-off selling makes USDJPY go up, not down. The reason why the demand for USD goes up is that stock market selling is mostly hedged, and US treasuries are the global ...
- xRedStaRx replied Jan 3, 2021
Pop Quiz: Why does demand increase for USD when there are outflows from the stock market?
- xRedStaRx replied Oct 14, 2020
Mate, the market is closed, what are you doing.
- xRedStaRx replied Oct 9, 2020
TA doesn't work on the monthly level
- xRedStaRx replied Sep 26, 2020
It's pretty clear what needs to be done at this point, any clear breaks of Friday's range is a continuation trade, this is the pivot.
- xRedStaRx replied Sep 25, 2020
The chart reflects reality, the price at 2700 reflects good enough reward to risk to buy on a no-deal brexit outcome, the daily candle today is indecisive, closing near the open. The technicals will not predict the next moves, the news will.