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FLOW

EURO: Can we push into 1.11640's? Hey guys, just got done doing some dissecting on the Euro here. Really incredible movement we saw this morning during ECB Press Conference release, and CPI. Monitoring the Euro on the fifteen minute - it literally rallied 300 pips both downside and upside combined. Looking ahead into tomorrow, there is high impact news on the Dollar. Core & Retail sales specifically at 8:30am - looking for upside continuation on the Euro, I believe we can reach for 1.11640's potentially by tomorrow afternoon or mid day, or maybe we can reach for the downside I truly all depends on the marketplace. My bias is going to remain bullish, it can change going into the morning depending what Price does. If my bias change, I'll most likely re-upload an analysis. Had some pretty successful trades these past few weeks, check them out.
Long
by CurranSotomayor
The Art of the FlowThe Art of the Flow Anyone who has been in the trading world for very long has heard you must "flow" with the market. Many people say it, but do they actually understand what it means? Can they truly accomplish this in the market or are they just speaking figuratively? Anyone can look at a chart and say "do this or that" or X happened because of Y, or say "I would do this in that situation." This is all hypothetical, and means absolutely nothing! There is a reason why intellectuals or really smart people cannot make money in the markets. And that is because they think. They think they have to know. They think about this or that, and attempt to understand what prices are likely to do before it happens. In reality all that matters is what you do, the actions you take in the market. And the best actions do not require thought. In other words, the ability to flow with the market is what separates the winners from the contributes. The truth is, it is very hard to flow with the market. Our minds and thoughts are constantly fighting our actions. Internal struggle prevents us from being able to accomplish the necessary goal of flowing with the market. Emotions, fears, and pain prevent us from taking the best action at the right time. A Professional Trader seems to always know exactly what to do, and when to do it. He seems to enter and exit at the best possible times. But how? Is it because he can predict the future of prices? Does he have a better understanding of price action than everyone else? This helps sure, but is not the true answer. The reason he is able to do so is due to a special talent, but it has nothing to do with predicting price movements. It is his ability to act by doing what the market instructs him to do, without giving it any thought whatsoever. He does not resist the market, nor does he become fixated on what should or shouldn't be happening. He simply responds. Like when someone throws a ball at your face; you do not think "I should move my head" you just move your head to prevent from being hit with the ball! A Professional Trader knows there is a lot more to trading than being able to understand what prices are doing or might do at any given time. Of course he must understand price action and price tendencies. But he only uses this as a tool of understanding markets. He knows the key is within his mind, and keeping it clear and free of clutter in order to always stay with the market. He keeps his mind clear like a window, not a stained piece of glass. He sees the market and world for what it is. He does not see the world through a stain of what he wants, or how he thinks it ought to be. He works on cleansing his mind and thoughts of the internal fight and outward fight of resisting the market. He focuses on taking actions he believes is correct based on what the market tells him - and he is often right and therefore rewarded. If you found this helpful please like! Feel free to comment or ask questions
A
by tradersmentality
Quickie THCSo here it goes, my first publish ever in the history of my brief life, on anything. I'm simply posting because I want to document my trades so I can improve them as time goes on. I look for stocks whose earnings momentum carries them higher. Looking for sustained buying/selling programs and earnings surprises to the upside. I don't play the downside. In THC's case, the chart shows looks good at first glance, even better once you look at the signs. You can see the storm brewing here for many days in the form of an elevated RSI reading with confirming MACD and EMA. People know if a stock is gaining traction on earnings and money flows that direction like a magnet. It can't help it because the big hedge funds play this game to perfection. Big money creates waves. So, ride a part of the wave...
NYSE:THCLong
by Pogchamp99
AUDUSD Source based analysis M15price tells us all it knows about source. Look to short at completion of correction into continuation low immediate expectation is new structure high however expectation has severely weakened. price has spoken. watch how price approaches 8020 for signs of expectation failure, order flow will translate through price. medium term expectation of a break of 7986 structure and down to retest of lows. Price will tell us everything it can along every step of the way
by wigtrade