OfficialP:


For now, focus on inflation related news releases

Donsheddy:


Looks likely....

Geovanni412:


Boss, what he posted was a commitment of traders report - it is part of sentiment analysis. I don't use sentiment analysis but if you want to know more about it, here are two videos on the subject. Karen foo is pro sentiment analysis whilst VP of no-nonsense forex doesn't consider the tool useful. See the links below:

https://www.youtube.com/watch?v=_3mgn-z76Io

https://www.youtube.com/watch?v=gGfqIE4CzHY

Geovanni412:


Boss, I dey note the event time so I will check whether my short on usdcad is still valid by then or not. But, thanks for the info - the news doesn't look like it will invalidate my position so I still dey inside am. Tp1 on usd cad taken. but i still dey hope make i drop by 70 pips to close out the position.

karkinase:

Okay…

Geovanni412:


Gu don touch 1.133. U still dey on d trade?

Geovanni412:


When you mention inflation, is nzd cpi data a key needle mover?

karkinase:
Mondays are really meant to reset the market.. been having a bad Monday streak.

karkinase:
Mondays are really meant to reset the market.. been having a bad Monday streak.

Borntosmoke:


I think usd is now weak

karkinase:
Mondays are really meant to reset the market.. been having a bad Monday streak.

VeeVeeMyLuv:

Yea Change of trend in progress, just began.

Lanshile:

Seriously bro it hasn't began
GU closed at a tricky point
Don't allow price to fake you and EU Still has more upward movement to make
Traders should take note that GU doesn't have a definitive turning point at the moment but where price closed at 6 is just a point where price is looking to fake a lot of traders
Wait till price produce 2 bears in a row before you guys look for a sell entry

Borntosmoke:
No be by force to withdraw

abham:
The big boys are shorting the market bro, just be careful as there is a sms with a failed high as you marked.

Check out the commercials figure in the photo below as they are short.

This post is not to invalidate your setup but just be careful to not get caught on the wrong side.

Boss I will like to know this data in reality, I've been seeing this but can't understand the data.

abham:
The big boys are shorting the market bro, just be careful as there is a sms with a failed high as you marked.

Check out the commercials figure in the photo below as they are short.

This post is not to invalidate your setup but just be careful to not get caught on the wrong side.

Goodoption:





Boss I will like to know this data in reality, I've been seeing this but can't understand the data.

kozmicity:
Something to look at. I saw it too late Sha. When markets reopen, I'd be looking to buy from current price.

Peterfx01:
Yesterday signal update the market took me out only to respect this highest point and now it's time to sell nasdaq to that trend line

Lanshile:

Big man
I'm sorry to say I think u need to go and make corrections to the way u draw ur trendline so as not to be getting the wrong man information
If it is wick u want to be using to draw it connect it with each wick from point A to point B without the body of the candle interfering and if it is the body u want to be using use line chart to draw it so as to get accurate point of close then change it to candlestick after that
U will be able to read ur chart more better that way
If it is the wick u are using if the candle make a close at that trendline u will know the setup has become invalid and if it is the close of tye candle u want the be using u will know that if a wick bounce from ur trendline u will know how to approach it

Peterfx01:
by the way where do you stand on gu today?