Intraday FX Player
- Thread starter CFerret
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Nope, I have been observing it for the past 6 hours and it seems like forever.
lol guess I should have typed faster cv as the market reverses on the hour - but I was going to apologise to those for whom English is not their first language - looking at many screens, organising staff - usually don't have time to proof read.
OK cv... 98.5... you using 15/30 second charts to get a half point or what am I missing?
Trying to get a fix on what you are doing on the 5 min and can't so you need to post a picture for this Irishman please.
This is a short squeeze...squeezing the smart players who closes their position real slowly and wisely. It's causing this slowly and surely up trend.
Public Service Announcement: Don't short this beast!
how I'm looking at the daily.
With the 4 hr looking strong up we could easily have a trend day up and this hour could be the decider as to whether we have a quick pop down and then run up as the bears fail (if they try) or it just runs up.
This is where short term trading scores big time allowing us to read the trend as it develops.
We finished the hour with a nice warning bar so if it's taken out happy days.
There should be loads of great big longs as the day progresses and if the 1 min T/L is broken to the upside it can run up fast.
With the 4 hr looking strong up we could easily have a trend day up and this hour could be the decider as to whether we have a quick pop down and then run up as the bears fail (if they try) or it just runs up.
This is where short term trading scores big time allowing us to read the trend as it develops.
We finished the hour with a nice warning bar so if it's taken out happy days.
There should be loads of great big longs as the day progresses and if the 1 min T/L is broken to the upside it can run up fast.
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