Hey tradomaniacs, todays morning orderflow looks fishy and we might see a move up due to trapped sellers getting fooled by iceberg-orders. If aggressive buy-pressure comes up soon and sellers give up against the whales we might see a correction to the upside. I`ll give it a shot even tho its a very risky trade... let`s see
Hey tradomaniacs, looks like we got trapped buyers in the market means we could see a at least a retracement or a complete drop with the test of the current resistance-zone. Market has been a little bit tricky due to weird correlations but I will give it a shot and short EU here. What do you think?
Hey tradomaniacs, looking at EUR/USD I see a potential move down due to recent fakeouts with trapped buyers aswell as the absorption before (Market-depth). AS long as risk-off continues we might see more dollar-strenght especially after that ridiculous statement by the ECB saying they dont see an upcomign recession as a likely scenario. (lul). However,...
Hey tradomaniacs, its been a very slow day due to holidays almost everywher except the USA which could give us atleast one great opportunity now. SPX500 just re-tested the key-resistance-area after the recent breakout and is giving us a nice chance to sell. Market-Depth is currently showing iceberg-orders absorbing stop-runs above the resistance which makes...