Recent content by "D"

Thank you. The updated settings make it easier to read. I can see one side gave up. But it is the opposite of what I would have expected based on the CVD which is confusing me. I drew a few lines on the chart. The blue line between price and the CVD shows a green bullish price candle and a red...

Hi Steven, Where you went long, presumably off of the EMA, I would not have taken that trade based on the CVD. Price was going up while CVD was declining. Conflicting signals. A divergence. Bullish absorption if I am correct. Plus the CVD candles in the look back period where you took the trade...

Hi Steven. I sent you a private message.

Agreed. So from the institution perspective you are coming from, who are the trapped traders you pointed out on the chart and how did they become trapped? Trapped traders are easily explainable from a retail perspective. On the lower timeframes like the 5 minute, price appears to be much more...

Hi Steven, I am going to keep this simple for the benefit of the other posters. I am sure you know this already. I interpret this chart a little differently. In the end both Steven and I seem to be in agreement. Monday, Tuesday and Wednesday I see a ranging market. Buying and selling as it...

Technicals can be useful in determining where to enter a trade. Useful in determining if you should take partial profits, completely exit a trade or add additional positions. Technicals are also helpful in determining your stops. Money management stuff. You should do your research to determine...

Most retail traders cancel themselves out. It is what the industry refers to as dumb money. Big assumption that technical analysis works. Depends on your definition of “works” and what you are using technicals for. Technical analysis has zero predictive value, zero. Example: Trend trading. If...

One of the best posts I have seen on Trade2win in a very long time. Very well stated. Your post should be highlighted by the forum as recommended reading.

I forgot about the German elections when the trade was placed, so was overly optimistic on my trade targets. The market tends not to move much before a major event or announcement. The trade was not likely to play out as hoped for. Forgetfulness. Don’t place trades when you are tired. 1st...

I got in in Friday, short, for a couple of reasons. Fundamentally; The dollar is much stronger than the EUR. Upside for the EUR should be limited from a fundamental perspective, but sentiment can continue to drive the EUR higher. We will see. The EUR strengthened based on sentiment not...

Nice initial move down on the CPI release. See where we are at in about an hour or so when the market settles a little. Then Powell speaks later today which can move the markets more depending on his statements. I don't expect any surprises from Powell concerning interest rates, but you never...

Nothing to worry about. Tariffs create volatility. Volatility moves the market. Volatility is required. No one would make money if the markets flatlined. If it doesn’t reach the level then it is most likely not a “key level” at this point in time. There will always be another level of...

If price pulls back that far we should expect a nice move down. If Trump starts talking tough about Tariffs again, the Euro will likely see a nice drop without price ever getting up there. Tariffs are the overriding narrative in the markets right now. You can forget fundamentals and technicals...