Eur/usd short term market content prediction
- Thread starter zzz123
- Start date
Only to help me understand what I see price doing in the present, but never to help me predict what "I think I know" what price will do in the future.
Sound like you feel the market can not be predicted, you might be right, there are a lot of people who agree with you for sure
No. Not a matter of whether it can be predicted or not.
Predicting locks in a person and their ego.
The market doesn't have an ego and doesn't care what someone's predication is.
So I hope I understand this time correctly, you feel prediction shows a person's ego, attitude, and arrogant towards the market, which makes you dislike, I am sorroyif you feel that way, that is not what i meant to do
...makes sense to me.
I've come to view price action not so much as trend lines, but more like a range of values cutting wide swaths of territory across the domain of the corresponding asset to form belts which flow with directional tendency. And if the image below reflects the general monthly bias/sentiment of the market (and I'm not saying it does), then at present, I would feel most comfortable buying EURUSD at a lower price (than anything else).
what I mean is for eur bull, because it is not going anywhere, last Friday there was a short squeeze, so it is quit safe if you want to short here, just get out what it is swing back down to the bottom
well, that is because we come from different schools of thought, in my view, this rally is doomed from the beginning, the hard part is when, where, and how.