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O and how dare you assume my gender? I identify as an elephant, fascist!

I'm primarily an FX trader so I know about this. It's not that big of a deal. They just fixed the settlement rates to fuck their own commercial/hedge clients. Doesn't really affect the speculators like us.

Yea, I watch heavy today because of the rate decision. Yes, they talked about repo. It was just a bunch of BS. No real takeaways. No conclusions about how it effects the actual markets we trade. And not even a good explanation for plebs of what it is and how it works and what actually happened...

I kind of despise them and honestly have an urge to lowkey spit in one of their faces.

OK, simple question. Does "shortage of USD" expressed by this thing mean dollar strengthening vs other currencies?

anyway, it's obvious gann's method sucks.

"In a downtrend, the standard Gann swing chart turns up and registers a mini-correction (a swinghigh) only when there are three consecutive days of higher highs. Furthermore, the resumption ofthe downtrend is only confirmed after three consecutive down days. Gann’s rationale for this was totry...

I just heard that something similar happened in 08... tremor in the system?

1. what does oil have to do with it? 2. why is there a shortage of USD?

Thanks for a solid reply. I think that even for a discretionary strat you need to define swing points objectively. Because if you just look back at a chart and say o here he was a swing low and see how nicely it worked with my method but then later you the same kind of a swing low you dismiss as...

yea. ok. thanks. next.

thanks.

For example, it seems that having only two higher low bars (or candles) on each side of the low is too noisy.

what

OK, why not wear a tracksuit then? Why bother with a formalish look above the shoes? You're not quite fuck you. You're reaching.

what if I'm using a proprietary ALGO SHMALGO thingie at your firm? Do I do better? :D

I support death penalty. Swift and efficient without decades of taxpayer funded delay.

Seems extremely tacky to me. It's like: "you're not a teenager skateboarder, yes you have money but you're not that cool. if you want to feel young and cool again go f 18 year olds in thailand or something"

How about you settle it big guy? Are you a successful retail daytrader? :D

How does going offside work with stops? Does that mean that a trader doesn't execute a mental stop or cancels a stop that's already in the system? Or he never had a stop in the first place?