Considering I told you what was going to happen before it happened I wouldn't really call that hindsight. The chart merely illustrated points I mentioned earlier which just so happened to play out.
I'm one of the only ppl on here that will tell you trade set up's before they happen.
Anyone that hit ANZ, CBA, NST, PDN in the last couple weeks would have done pretty well. They were all before they happened.
I wasn't criticizing earlier, was talking matter of fact.
We trade markets that are manipulated by market makers. That's not a conspiracy theory or do I begrudge how markets are run. I actually know a couple, it is what it is.
Initially I was merely commenting on todays trading action cause days like today are very funny to watch. Price action was all one way but the net selling was extraordinary - which is not congruent with a market coming off lows about to rip higher for an extended period.
I have no idea what you're actually arguing anyway.
Read your response to my initial post.
Are you trying to tell me there are no manipulated markets at the same time as telling me instos will move price whilst being aware of lines of support/resistance and candlestick patterns? lol
How do you think they move price?
Probably with the most readily available tools at hand - retail being one of them and those lines and candlesticks are like having a playbook laid out in front of them.
Ever notice your losing position only ever keeps coming back to a pip or two away from your profit?
That's cause you probably weren't the only one that saw that entry and MMs use that to advantage...
Now your talking trading approach and raw data?
That has nothing to do with either of my posts...
Anyway, won't take any more of the thread with back and forth.
I enjoy the info you put up so keep it up
I'm not even sure of the point we'll have to agree to disagree on so best to move on and get back to business.
One thing I do agree with you on is the bigger move setting up on SPX.
As mentioned pre market, I did some shopping today and am hedged both ways.
Watching todays trading made me buy shorter dated calls cause any move up I feel will be temporary.
Puts I have some short and longer dated ones.
Let's hope NFP can provide the spark as I'd be happy with a limit up or limit down kinda night...
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