What craziness is this?

[dmedin]

🤓

Why?

[phillo]

8 minutes ago, dmedin said:

🤓

Why?

 

[Mercury]

Its all about the USD.  Technicals showed the way, no need for news...

[phillo]

From Mark Douglas "Trading in the Zone"  sometimes, technicals can be overridden

[Mercury]

What seriously?  You mean technical analysis doesn't always go to plan?  Crikey I'll have to try something else, let's see, where is the number of my psychic?

 

[phillo]

1 minute ago, TrendFollower said:

Also he emphasis the importance of probabilities. It does not matter what the market is going to do next. We don’t know as we don’t have crystal **** that can predict with any robust accuracy. What is important is what we as traders do next and this is where this book excels. 

I always have one to hand

Edited August 22, 2019 by elle

[Ludwik Chodzko-Zajko IG]

We saw this as a direct reaction to Merkel's comments in the Hague. GBP rallied sharply against all other pairs, sharp uptick in flow across the board.

[phillo]

1 hour ago, Ludwik Chodzko-Zajko IG said:

We saw this as a direct reaction to Merkel's comments in the Hague. GBP rallied sharply against all other pairs, sharp uptick in flow across the board.

as did I, hence the earlier ( Ransquawk) post

[Guest fatfairy]

I stopped trying to answer the "why" questions a long time ago! It would always get my head in a spin and I would always end up more confused! 😂