The basis for using last October as a fibbo anchor is no longer valid in my mind, as that was still in the throes of rate hikes. Better low to use would be this March, since it has absorption of the new upcoming-pause-zeitgeist.
Intresting, I just had a look and I see some correlation indeed. Always good to update on some insights. I still have that long term fibo from covid lows to the highs painted as well; price has showed many correlaton with that one in the past and has made cluster fibo's together with the october fibo lines
I rarely look in the kitchen what other people are doing, I would just be fun hearing more of your insights regarding NQ trading. I did however briefly had a look what some older accounts are producing here. Dear, that was short lived; most of them just making comments like the unicellular lol. They like you to think doing business as usual, often talk like its some kind of poetry forum but rarely say anything usefull. Boring long games they seem to have all of them; the type of game most of you retailers always lose at the end. Its far easier having short fast game btw. Just grab the fast cash and run. You dont need to sit there all day long eather ending up watching just prono at the end likley something. Maybe nobody here really like the short fast, very leveraged game for the fast boys/ladies, dunno(..) Looking into the agenda its gonna be a very data depended day. Sometimes I have good feeling discounting these items upfront or afterwrads but the game has 2 faces atm. The day they liked to discount weak expections are over because its feeling like more heading into recession likley. Strong numbers also not too good because its triggering more fed hike feelings.. Im gonna scalp the cash market later today. Maybe I'll produce some screenshots as well how to play the fast leveraged game reg NQ. Not sure yet, feels a bit like some Dodo forum for losers too much.. Any of you have fast game at all and like to share some insights? News traders, flow/momentum/Intraday traders, please drop the story!!
This is big drop for overnight NQ btw, its gonna be big swing day today; I love it AC/DC - It's a Long Way to the Top (If You Wanna Rock 'n' Roll) (Official Video) - YouTube
You are late to short NQ. You are late by 5 hours. What were you doing 5 hours ago?! Too bad you missed the boat. It went down during today's Asian session. Hangseng went down first, followed by NQ.
Too bad you sang the night bird song. Over the next few hours, the market will not move or move just a little. So you can continue to sing the night bird song.
Deleted my call, afraid of bag holders while missing some proper conversation/input by other people. It wont die for hundreds of pips during the European session. Asia always feels like the incompetent session a bit..
NQ rarely moves during the Asian session. Today it moves because of yesterday's fed meeting minutes release. It used to move during the Asian session when Trump was the president. He had this China-US trade war thing.