Recent content by luckyvictor

Hi all Hopefully someone can help me get through this. I have been trading for a while now, there is up and down, when I reviewed my trades, usually they failed becuase I was trading against the trend, of course there were times that when I traded against the trend, it was actually the start of...

Hi all Any of you trade with IC market? Today, 3rd Apr 2020, since UK time 20:00, I was not able to open any trade on any instrument, for example US30 or US Oil, not long or short, not market order or limited order, on my MT4 terminal, it says trade is disabled. After I approached for...

Looks like there is a support around 10800 at DAX And the market is relatively quiet today, what would happen the afternoon when US open...

So do you think the sell off last week would be kick started by institution or retail? Retail can't really act that fast right? And with such great power? So it seems to make sense that institutions were actively selling lower and lower (forget they have other ways to make money) to dump the...

Hi MoC, please give it a go, I believe I used to understand it, but this crazy volatility really break my understanding, where does this huge imbalance come from? How the two forces (presumably institution and retail traders) act in this scenario? Please, give it a go and make up a nice story...

Hi All After seeing the volatility recently, I am starting thinking again the very fundamental question, how price is actually moved? The reason is, before last week, in Dow for example, we see price moved usually a few hundred points, and the trading could happen between retail traders and...

Unlikely to close above 26300, what will happen overnight...

Any sign of support?

Dow has already punched through this zone today, the next zone is the low at 4th of Dec. Don't know how it will react now

Close at the very low today, does it mean the short is not in hurry to close there position, so expect more drop tomorrow?

Tomorrow is non farm day, probably it will go even higher

Good to see you back, always want to know your view of the market. Something that I don't understand, or actually pissed me off is, yesterday economic data were so bad, for example the manufacturing index, but it still broke to record high. The market seems to be so manipulated.

Dax just had a crazy move, dropping 80 points from 13300, and returned immediately, some force surely want to support the market in whatever way

Thanks for sharing your view. It looks very strange to me that Trump has been quite recently, and surprisingly China has been releasing "good news" which helps to drive the US market higher. One said it is to help the HK stock market from collapsing because big firm investor are shorting it...

Any good news for the gap up?