Is the US election in November?
In the trading room i'm in, people started going long every single day a few months back, saying that the FED were gonna try to get us to new all time highs on the ES by the election time and that we basically would have no down days as they are throwing...
lost 2 trades on the short side so far this morning on ES. Shorted at the VWAP line on a doji candle for a stop out. Then tried again after another run up to the value area high level and stopped again.
Now I've gone long (3204) as it looks like the federal reserve are throwing a few trillion at...
I really hope it ISN'T just a gamble! After losing at this for nearly 6 years i'm certainly starting to wonder, but there do 'appear' to be some retail guys who make consistent profits.
Not sure if they're using the same tools as the rest of us or whether they have access to different...