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- IPMan replied Apr 12, 2023
The weakness of sentiment trading is, you can't differentiate which ones playing long term (or swing) to short term. Also for decentralized market like forex, it's only pooling data from their network/database. It's like comparing a small pool to ...
- IPMan replied Apr 11, 2023
Lemme present a bit of my readings of the gold chart. image This channel is built based on line-fit plot method. I'm using 48 period on 30mins chart, which means it represents daily trend. As you can see, the line is sloping upward. We might see ...
- IPMan replied Feb 24, 2023
I disagree to this statement, how much do you expect it to drop? Too much drop leads to higher volatility, which disrupts liquidity. Means no one can't even get in or get out from the market at the fair price. This but a healthy slowdown, scalper ...
- IPMan replied Feb 24, 2023
Why don't you wait for daily to close then speculate?
- IPMan replied Feb 24, 2023
It's definitely too hot to handle by USD shorters.
- IPMan replied Feb 24, 2023
Still better than some delusional, denial, and wishful "traders" here. They're just distracting newbs.
- IPMan replied Feb 24, 2023
Played out well.
- IPMan replied Feb 24, 2023
Triple rejections around pivot point, and seems volumes are peaking in around 30 mins.
- IPMan replied Feb 23, 2023
Speculators reaction and timing, you always find NY session the busiest among other session. It's safer to look at the bigger picture when working with fundamental data.
- IPMan replied Feb 23, 2023
You worry about their future decision too much. Interest rate are just one of many things that affect exchange rates. Have you ever check interest rate correlation with exchange rate? I see no direct correlation. image
- IPMan replied Feb 23, 2023
Yes, that's often the case. What I'm pointing out is the ones who thought that prices is going to move in a direction based on their own "historical" point of view. They often neglect the fact that the market are not moving based on their ...
- IPMan replied Feb 23, 2023
Man, I saw too much narcissistic technical analysts in this market. Enough is enough.
- IPMan replied Feb 23, 2023
This isn't a good bullish close in H4
- IPMan replied Feb 23, 2023
Technical often deceiving.
- IPMan replied Feb 23, 2023
Not-KPMG?
- IPMan replied Feb 23, 2023
Just checked your profile cos your tone a bit familiar to me. So what's happen with your old account?
- IPMan replied Feb 23, 2023
I think that's not how you exploit the data. GDP growth rate are lagging, so you can only use it to judge whether they're expanding or contracting after the data release. If we see recent 3 quarters back, it seems like they're stagnating or maybe ...
- IPMan replied Feb 23, 2023
I'm so done with this forum hahahah
- IPMan replied Feb 23, 2023
Come join in NY session, Imma hold these bad bois.
- IPMan replied Feb 23, 2023
Price bounced from daily trendline and pivot point + strong US data. Seems lovely to set up some sells train.