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17 minutes ago, dmedin said:

 

Any hints as to how someone would actually trade that?

why would you need hints when I've explained to you in detail at least half a dozen times what I do. You might also recall I've pointed out a number of times that you're not a good listener, you could try working on that. 

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7 minutes ago, Caseynotes said:

why would you need hints when I've explained to you in detail at least half a dozen times what I do. You might also recall I've pointed out a number of times that you're not a good listener, you could try working on that. 

 

I want to practice it in the demo when I have spare moments.  I have a lot of spare moments these days.

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200916_pullback_narrative.png.b2b6d5ea5109024bb7f61901af8f4c1a.png

 

...rebound since Europe cash open probably confirms that this narrative didn't make sense and one should have stayed away because something else is going on...  so what was it - short build ups with stops that now get hunted...?  ...or WS was establishing lower entry levels to now buy on larger scale...? 

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4 minutes ago, HMB said:

200916_pullback_narrative.png.b2b6d5ea5109024bb7f61901af8f4c1a.png

 

...rebound since Europe cash open probably confirms that this narrative didn't make sense and one should have stayed away because something else is going on...  so what was it - short build ups with stops that now get hunted...?  ...or WS was establishing lower entry levels to now buy on larger scale...? 

 

Why are you listening to these clueless c&nts?

Have you not seen that all of them simply exist to prey on gullible retail punters?

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2 minutes ago, HMB said:

200916_pullback_narrative.png.b2b6d5ea5109024bb7f61901af8f4c1a.png

 

...rebound since Europe cash open probably confirms that this narrative didn't make sense and one should have stayed away because something else is going on...  so what was it - short build ups with stops that now get hunted...?  ...or WS was establishing lower entry levels to now buy on larger scale...? 

more a case of less dovish than hoped for rather than hawkish, money taken off the table overnight.

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55 minutes ago, dmedin said:

How is 'trading the news' on one minute time frame working out for you?

Aren't you tempted to start selling TA courses yet? :D

today better than yesterday with the 10 second chart....  probably helps that there are no news...  ;)   ..feeling close to finding the hidden Markov chain...!!

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1 hour ago, Caseynotes said:

more a case of less dovish than hoped for rather than hawkish, money taken off the table overnight.

yes, phrased like that it more accurately captures the narrative - however should one not still have questioned that immediately?  because - what would have been a realistic expectation of what the Fed could have done, Powell could have said yesterday?  Rates at zero, they are already buying high yield bonds etc., just had confirmed the move to AIT in virtual Jackson Hole.  What could they have added at this stage?  And hence, which expectations exactly were so strongly disappointed to justify a roughly 66 points lower SPX overnight low?  After already around 27 points drop between pc and cash close?

...were expectations maybe for more buying on the longer end..?

think that this likely wasn't the only major factor.  maybe also still pressure from outstanding calls approaching expiry, for example  (that wouldn't explain a rebound today really, though..) 

 

I'm trying to become more careful with the common narratives flowing around. 

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