I usually pay attention to dax during the first 3 hours of European session.
at times, it moves during end Eur session / US session due to US related news
when there is major Asian related news during Asian session,
dax might move. but the volume would be extremely low.
do note that yesterday...
NQ big picture
biggest price range is 2020 & that's great for trading ( President Trump era)
worst price range was from 2003 to 2006. that was bad for trading (President G Bush era).
nothing spooky about ending of stimulus.
look at NQ price range over the past few years.
2020 ( President Trump era ) is the best of the best year for traders!
the really spooky years were between 2003 to 2006 (President G. Bush era) where the market was very dead.
so we traders should be...
this question is similar to
'Is changing patient's kidney risky'?
if you have the skills, knowledge, ability to do it, then it is safe.
if not, it is risky.
you should have bought it around end Apr 20 at $17 (after gap up).
now price is $23 ie 35% profit!
some might have entered earlier in early Apr at around $12.
If you read the postings in this forum,
one of the most common problems in trading is very late entry.
market is merciless to those who...
where is the evidence ?!?!
we have heard tons of garbage fake manipulated news
over the past few decades.
so we are not easily fooled.
only counter trend traders aka kamikazae traders and newbie traders would do such thing.
manipulators are very smart people. they can think many steps ahead...
short squeeze opportunity ----> very late entry opportunity !
as in most other stocks, uptrend started in Mar 2020.
price has doubled since then.
It will be foolish to long it right now as traders should have longed it much earlier.
If markets were random why then does volatiliy spike at certains of the day
--->
Market movement is not random. That's why there is volatiliy spike at certain time of the day
Wrong title!
Why the market broke down in March
-->
Why the market broke UP in March
NQ has appreciated by about 50% since Mar 20.
too much factual error and nonsense!
This is quite a common mistake ; late entry
due to lack of confidence / alertness, hesitation ...
market might be kind to give us 2nd chance to enter
but mostly market is heartless & don't give us 2nd chance.
about 3 to 4 decades.
In olden days, we plotted the chart manually on graph paper.
and if you want to add moving average of say 10 days, that would be tons of calculation using calculator.
For those who have traded very long, they don't know where price is heading.
For those who have traded...