QUOTE(McHoong @ Nov 3 2013, 03:28 PM)
if in this case then we (the medium and small fish) how to get a piece of the pie in the market?
We should be looking friend which is sufficient?
You point does make sense and logic, but it also terrifies me on how to excel in this industry.
Newbie here.
Cheers
i am no expert but we should follow our friend (markup and markdown phase) and avoid the accumulation phase (ranging market)We should be looking friend which is sufficient?
You point does make sense and logic, but it also terrifies me on how to excel in this industry.
Newbie here.
Cheers
in smaller TF, the accumulation/distribution phase look like a trend (thats actually a trap) and ppl jump in the opposite side of manipulators
we always read abt arguments the smaller TF is not profitable in long term, here is the reason why.
yes we can success with SnR, good indis, price action. but once Manipulators start pulling their moves, all of indis and PA will stop working
here the chart to show Manipulators activities in EU past few weeks. i believe this cycle is complete.
on Monday they will start the Accumulation phase again, thats why Mondays trading volume always low

Nov 3 2013, 04:56 PM

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