Letting the Banks do what the Banks want to doBoom. Entering London Session. Im pretty bullish on this pair for the time being. DXY is shooting so its only right for this pair to drop. Im expecting for the banks to push price against the trend and then continue pushing up. I have a fib zone drawn on the four hour in which price is currently in. My entry is near the .618 zone as well as a QP. Hopefully price is pushed down this low because id be very confident in this entry. I have a pretty small first SL in the case that I enter the trade and if I am wrong. This is definitely a trade I feel I should take. We shall see.
Manipulation
Fed Fund Rate ManipulationFirst of all, thank you to TradingView for allowing me to stream! In addition, hello and welcome to all the newest followers!
Here is a prime example of market manipulation that I explained the other day on my first TradingView Stream.
I look forward to showing you guys more examples in the future!
Have a blessed day,
Jon Fibonacci
Gold ShortAfter retesting 1709.73 and possibly going farther to 1718.11, which is a well respected pivot point of resistance, it might go down following its trend. we are seeing a lower high lower low pattern as well in the 1 hour timeframe. after reaching the said pivot points of resistance, we could very well expect the price to go back to 1699.89 which is a possible first level of support then probably will go back to the previous week low of 1681.55. possible manipulative moves are to be expected during the early moments of the new york session so be careful as well.
also the us economy is going up due to the fact that the stocks in the us are rallying high and recovering from the previous months loses. so potential short entry is to be expected after several minutes of the new york open.
Trying To Remain CalmI am "Holding" 5000 shares of SECO @ $2.15
The Criminals had it Way Over $4.00
I won't let them Steal it from me!
I might be a Sucker, but, oh well.
I find it funny how big moves get always called manipulation 🤑Yesterday, there was a big dump 📉. Who would have expected that? Well --- you could say that after the battle, everyone is a general. But in this case, there were some decent clues which were, perhaps, ignored?
I looked at the situation retrospectively. After the rally, a small retracement hasn't managed to establish strong bottom support yet to bounce even further. Below was a long area of low volume - who would put buy orders there? Stop-loss squeeze enabled ✅✅✅. So it burst through some levels which were weak anyway and was put to an end near another.
I am strongly against excusing loses with "manipulation", evil 😈 Wall Street or whatever. It is always better to take responsibility for any loses you might have and ask yourself what you could have done better . Blaming events outside of your control won't make you a better trader. A retrospective analysis, on the other hand, does possess such a chance.
Good luck!