today seems like a good buy day
- #702
- Sep 14, 2025 5:48pm Sep 14, 2025 5:48pm
- Joined Jul 2011 | Status: Gold Again | 10,698 Posts
today seems like a good buy day
based on what?
MAY THE TREND BE WITH YOU
Trade Like a Casino, Not a Gambler
- #710
- Sep 15, 2025 2:37am Sep 15, 2025 2:37am
- Joined Jul 2011 | Status: Gold Again | 10,698 Posts
{quote} based on the fact that we've been buying on mondays for the past 3 weeks, also based off the last week close and current pa
Thanks.
Perhaps a chart one day...
MAY THE TREND BE WITH YOU
So, he thinks that Powell still might not cut the interest rates 
https://www.forexfactory.com/news/13...rest-rates-now
https://www.forexfactory.com/news/13...rest-rates-now
Behold
- #714
- Sep 15, 2025 8:51am Sep 15, 2025 8:51am
- Joined Apr 2025 | Status: Trader | 1,324 Posts | Online Now
So, he thinks that Powell still might not cut the interest rates
I think fed will cut
The real question is how big?
- #716
- Sep 15, 2025 9:19am Sep 15, 2025 9:19am
- Joined Apr 2025 | Status: Trader | 1,324 Posts | Online Now
- #717
- Sep 15, 2025 9:21am Sep 15, 2025 9:21am
- Joined Jan 2019 | Status: Trader | 1,189 Posts
Why Understanding the Market Allows You to Interpret It, Turning It Into a Human Delight and an Intellectual Satisfaction for Your Mind
As I have expressed in my previous posts, I find the methodology applied by ITB to be the perfect synthesis of multiple approaches that have evolved over time. From the early theories of Sam Seiden on Supply and Demand to the newer concepts from ICT. These are precise, rigid rules that, however, leave one critical question unanswered: if these rules are so precise and conditional, why not leverage artificial intelligence and the opportunities offered by machine learning to transform them into a trading system? Then we could all be at a restaurant chatting or enjoying a superb aperitif while the AI does our "dirty work."
It's an interesting question, but it overlooks a fundamental point. What does human intelligence tell me? It indicates that during a prolonged ranging phase, like the one we are currently observing, price must typically take liquidity below in order to move upwards.
With some regret, I woke up later than planned this morning. The long on the London Open (LO) was textbook and almost a given. However, based on my prior market assessment, I told myself, "Okay, I missed the long, so I will take all the short setups."
I'll tell you straight away that going short, given the current market structure, is not my preferred bias—but so be it. Regardless, beyond any other consideration, I only took short positions in the market today (except 2 long trade). I closed my trades simply because I reached my daily target, which is 3% of my allocated trading capital.
Warm regards to all.
As I have expressed in my previous posts, I find the methodology applied by ITB to be the perfect synthesis of multiple approaches that have evolved over time. From the early theories of Sam Seiden on Supply and Demand to the newer concepts from ICT. These are precise, rigid rules that, however, leave one critical question unanswered: if these rules are so precise and conditional, why not leverage artificial intelligence and the opportunities offered by machine learning to transform them into a trading system? Then we could all be at a restaurant chatting or enjoying a superb aperitif while the AI does our "dirty work."
It's an interesting question, but it overlooks a fundamental point. What does human intelligence tell me? It indicates that during a prolonged ranging phase, like the one we are currently observing, price must typically take liquidity below in order to move upwards.
With some regret, I woke up later than planned this morning. The long on the London Open (LO) was textbook and almost a given. However, based on my prior market assessment, I told myself, "Okay, I missed the long, so I will take all the short setups."
I'll tell you straight away that going short, given the current market structure, is not my preferred bias—but so be it. Regardless, beyond any other consideration, I only took short positions in the market today (except 2 long trade). I closed my trades simply because I reached my daily target, which is 3% of my allocated trading capital.
Warm regards to all.
- #718
- Sep 15, 2025 9:29am Sep 15, 2025 9:29am
- Joined Apr 2025 | Status: Trader | 1,324 Posts | Online Now