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What craziness is this?

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8 minutes ago, dmedin said:





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

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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?


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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;)

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Edited by elle

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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

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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! 😂

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