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xRedStaRx replied Jun 19, 2021What do you mean price moves in perspective of stop hunt, you can't determine that from daily change or ATR
The brutal truth of day trading
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xRedStaRx replied May 22, 2021What is this mental masturbation, and how is it going to make you money?
Analysis and Trading based on Envelopes, Waves, Cycles
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xRedStaRx replied Feb 26, 2021Hey 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,
Cable Update (GBPUSD)
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xRedStaRx replied Feb 15, 2021UJ will easily go to 110 this year. Also that chart on money supply and FED wanting stronger USD is bullshit.
USD/JPY Discussion
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xRedStaRx replied Feb 6, 2021Hi 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
Weekly COT report Analysis + Trade Ideas
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xRedStaRx replied Jan 27, 2021Doesn't seem like you've properly read what I had, in any case, have a good day as well.
Bank positions for free & weekly forecast from major banks
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xRedStaRx replied Jan 27, 2021Banks 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 ...
Bank positions for free & weekly forecast from major banks
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xRedStaRx replied Jan 27, 2021Banks 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, ...
Bank positions for free & weekly forecast from major banks
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xRedStaRx replied Jan 27, 2021No clue where you got that from, probably someone who sells a $1,000 forex course, you don't know what you're talking about.
Bank positions for free & weekly forecast from major banks
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xRedStaRx replied Jan 26, 2021You 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.
Bank positions for free & weekly forecast from major banks
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xRedStaRx replied Jan 26, 2021You wrote Dealers (smart money), it's the speculators not the dealers.
Bank positions for free & weekly forecast from major banks
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xRedStaRx replied Jan 26, 2021Dealers aren't smart money.
Bank positions for free & weekly forecast from major banks
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xRedStaRx replied Jan 3, 2021The 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 ...
Advanced volume trading
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xRedStaRx replied Jan 3, 2021Pop Quiz: Why does demand increase for USD when there are outflows from the stock market?
Advanced volume trading
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xRedStaRx replied Oct 14, 2020Mate, the market is closed, what are you doing.
Cable Update (GBPUSD)
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xRedStaRx replied Sep 26, 2020It'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.
Cable Update (GBPUSD)
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xRedStaRx replied Sep 25, 2020The 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.
Cable Update (GBPUSD)