Intraday FX Player
- Thread starter CFerret
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Quote from CFerret:
Those lazy Chinese even close the market for lunch... Asia is to inclined to rituals...
P. S. Japanese do so too with Nikkei...
well, you need to blaim the british..
They took away the tea trade from russia, and when they didn't win the trade war, they sell us the good stuffs (drugs), LOL
We became lazy bastards right after that, about 50 years before TL trading was introduce.. ROTFLMAO
Quote from CFerret:
Hehe... And who spoiled Japanese then?
This I blaim the Tsar..
If you guys crushed them during the Russo-Japanese War, they might not be come a superpower in the 30s, and we could save the 300k citizen they kill in Nanjiang (capital of Nationalist China) in WWII, and that was just before TL trading was introduce, hahaha..
anyway, cheaper sushi might be nice
actually the korean trade through lunch, not too sure about south east asia indeies..
1st is correct: taking the small TF's keeps you running in the direction of the eventual resolution.
It's questionable but here's my view of the primary direction/gameplan.
After that huge move a retracement is due but look at the structure. Because the 1 hr has gone sideways for so many hrs we need a bigger view. Just imagine this as a big candle with a continuation/reversal candle at the top. You do this without even needing to look at another TF. So you know how to treat the B/o. But which direction is more likely to be the B/o?
Now look at the 2 hr - the little pullback is high quality fluid.
Market sentiment will be for a pullback and this should alert you to the probability of the opposite outcome.
So I'm going to expect this to pop up and then have a retracement for more energy. 63 is the daily TL supt but the clock on the Hr could be important this time.
In any event the 15 min has been sweet, the 5 min good and there has been a few sweet trades on the 1 min. The TF rollover will clarify the picture eventually but I'm bullish for the moment.
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