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Hey mate, I'm with you, Flash Crash in PM is a serious warning...

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Sydney03

131 Posts.

27

11/08/21

18:42

Post #: 55213113
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Originally posted by TheFadz: ↑

That's my point
Nothing is justifying this run

But if every time bears try short the market & the market doesn't want to go down, what's the result?
A new high

If the US continue to inject trillions as stimulus, what's the reason to hold a short?
None

I'm not saying there won't be short opportunities but I need momentum to stick & a bear trend to hold

Otherwise, no point
May as well just hold a long position & keep scalping the shorts

If 1 of my shorts manages to hold its trend for more than a few hours, then I can close my long position & only scalp bounces until the trend changes again

I don't know why things happen the way they do

I do believe we are due for a big pullback soon
I can't tell you the exact date & time

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Hey mate, I'm with you, Flash Crash in PM is a serious warning sign for the markets. Lessons Learned is always forgotten as we are human and continually make mistakes. A Crash is coming, very soon. I'm now out on the sidelines for the long haul.

XJO Value at posting: 7,584.3
2 Upvote

0 Great analysis

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