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Currency Futures

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  #1101 (permalink)

denver, colorado
Trading Experience: Intermediate
Platform: NT
Favorite Futures: ZS
Surly's Avatar
Posts: 704 since Mar 2011
Thanks: 628 given, 1,249 received

trendisyourfriend View Post
If HL's are still made then you can only assume the trend is intact and the higher probability move is still to the upside. As simple as that.

Thanks. My approach is to try to understand the underlying dynamics of the price movement. I want to understand how the market gets moved and what the real life events are that move price. It may be a fool's errand - it may, in fact, be better to not try to understand anything and just keep buying pullbacks until it stops working - but my opinion is that to gain a durable edge one must strive to have some insight into the actuality of "why" a trade worked or "why" it didn't. Thus my question about opinions of what happened ...

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