Everything is stacked like legos
regressions (channels and trend lines) are too slow or too fast for trend finding
Let the fibo trend confirm your fundamentals +for some also DoM
(Gdp, Cpi, Nfp)
(Interest Rates, Policies)
(inter market & open interest)

price will either pull back into an imbalance zone or fibonacci zone and keep going

if there is no strong fundamental divergences
stuff like this will happen for longer then what can be afforded

Can anyone guess why i took this trade?

Chickenspicy wrote: Tue Sep 26, 2023 9:03 am

i will tell the story

BoJ just had a meeting, saying we will maintain our stance #1
interest rate divergence #2
gdp divergence #3
china knocking at the door militarily #4
nothing else really happening for the rest of the week #5
the only close by resistance broken #6

always be on guard Jpy sometimes does overnight interest rates

You took the BUY trade as it was a breakout from Friday's top.
I take it that you have now closed your trade with profit.
Xard777

xard777 wrote: Tue Sep 26, 2023 9:34 am You took the BUY trade as it was a breakout from Friday's top.
I take it that you have now closed your trade with profit.
Xard777

Yes and no, i just entered recently , expecting 150 level to be reached this or next week

Could pullback take me out then ill have to re enter
Gdp is the Og

Gdp value is the strength of an economy
When something boosts the Gdp its game on man

(Gdp/Employment and Inflation/Debt)
youll never look at it the same again

there are a certain few that can disrupt these primary drivers of price
but not the main focus
we are however living in times that arent going to get any less disrupted rofl

(monetary & fiscal policy
votes/elections)

(debt ceiling & government shutdown
lending/stimulus)

(war/associates
plague/famine
supply chain / sanctions)

gmacd
wae
cci
adx


Potential replacement of the DoM?
Which is derivative and decentralized anyway

Maybe there is way to make the gmacd look like the dom
maybe like pips, ticks, time,, elapsed between signals

another rally
i guess everyone's waiting for us fed release before they pull the trigger

long term fundamentals can seem scary sometimes
if the us decides to whip out another rising inflation story im getting out