i would say that you are not far wrong - compare the 2 Asain Sessions - the fibre and Us 10YR price - remember they usually act inverted.
notice the sharp rise in the 10yr WHILE fibre also was rising - this divergence very often indicates a false move, often Iāve seen that the bond market is right.
Also notice the doji on the 10yr up at the asian high later on, guess what time that is - 9.00 -9.15 gmt,
Now check the 9.15 candle on mt4 on fibre - checking my feed in my live a/c - that fibre action was 15mins later.
There were 2 heads up this morning from the 10 yr divergence - the first after AS that the fibre rise was judas and the second was at 9.00 LO that the fall had reached an end.
Does not t market structure is Bullish in 4hr/dly USDX? So, whatās make foreign currency go up? Even ICT also expecting a bullish move in fiber! Can anyone post the dollar index analysis please? Which part am missing?
Looking for the correction after the topside break for leg 2. Weekly Low printed???
Caught the ITL daily swing low right shoulder, missed it by a few pips on the low
Closed out to reset on the correction if NY takes it back downā¦
Oh nice. I have 2 cousins now serving in US Navy and 1 uncle retired in Navy as wellā¦ I may say we have big family spread around the worldā¦lol. I guess that will be my excuse to visit them allā¦lol.
Mkt structure in the short term is bull but if you zoom out to the daily you will see there is no clear major trend, it is fact in the exact middle of a range.
This trendless situation is in line with the fundamental situation for USD. Risk ON is pushing the dollar down but better than expected fundamentals are pushing it up, so the result is a trendless USDx.
I have a live a/c that gives free access to āautochartistā - at present it is giving 10 emerging signals on the fibre - they cover both bearish and bullish - crossroads or what?
If I were you, I just wait on fiber if donāt have a clear directional bias at the moment. There is a German Flash Manufacturing PMI on Thursday. I am not sure how much impact this will be on a fiberā¦ but just waitā¦
Couldānt agree more - the āfeelingā of bullishness used to get me into the trade - not nowadays - as ICT says - let price show itās hand first.
Anyone know if its possible to set a take profit on MT4 for a time of day rather than a price? Iām quite new to MT4 and donāt know if its possible.
Hello,
Iāve been following along since June of last year but havnāt really posted, itās a LOT of information 8 months later. Iāve been every week going through the intermarket analysis, interest rates, etc. hoping to figure it all out,
Hereās what I see, considering data from December and January only in the futures market:
I see that USDX is in a pendant and could go either way, however when looking where CRB index, Gold, Oil, the stock market, I.R., etc. are all positioned, iām betting on an upward breakout. O_O O_O maybe. I could be completely wrong ahah.
Please comment, Iām getting to the point that I need to start comparing ideas and hope to become more active in the forum.
hi peter now that US existing home sales came in worse than forcast (and previous month) will this give the euro some support at least till euro manufacturing num are released ive noticed the euro gets ahead of itself every time they due , or could the ecb mr draghi later today still impact eurodollar or have i completely lost the plot!