this is not the crazy i was looking for ..im in the shit now
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Disliked{quote} I think your right. Also, its no coincidence that the market has moved to the price all traders are watching just as the news is about to come out....Ignored
DislikedInteresting 7.7 instead of 7.8 caused over 100pips spike. I am not buying.Not strong enough number to go higher.Price dropped 5825 to 5770 in 30 min... This is when retail traders go long and get killed thinking trend is surly 100% going up.I could be wrong as well but buying now doesn't look promising.Ignored
Disliked{quote} Clearly smeone had unfair advantage bt a wudn't advice smone to follow such moves b4 data is released...cud be a trapIgnored
DislikedInteresting 7.7 instead of 7.8 caused over 100pips spike. I am not buying.Not strong enough number to go higher.Price dropped 5825 to 5770 in 30 min... This is when retail traders go long and get killed thinking trend is surly 100% going up.I could be wrong as well but buying now doesn't look promising.Ignored
Disliked{quote} I'm thinking it was the high impact (RED) news Claimant count changeIgnored
DislikedIt was probably both and this playing into recent upturn in economy iin Uk...generally good data recently and of course Carney's 7% un-emp rate benchmark before looking at raising rates etc... (is it 7% re forward guidance ? - can't remember lol !) G/L {quote}Ignored
DislikedYou only have to look at the trade explorer here on this site to see 'retailers' have been shorting this obvious uptrend to the daily chart with signs of strength on weekly all the way - no doubt all nursing out of the money positions and those trades have turned to ' hope ' trades. Look at yesterday's daily candle - it engulfed the previous day's daily candle upper wick - what do you think the greater probability was therefore ? - and this is where it is at - determining (where possible) then accepting what the greater probability is instead of...Ignored