The stock market will go sideways, then down - ECONOMY (Part 2) - MQL4 and MetaTrader 4

Александр Шевчук 2011.12.28 08:14 #3911

What and where is going through here????

Bicus 2011.12.28 08:15 #3912

trump:
Anything about firing is a no-brainer. Things are pretty dull on the M5. It's three hours down now. "Jerking."

How do you think triangles get through? Especially with such a long and dull flat? Exactly in spurts.

Stanislav Lobanov 2011.12.28 08:20 #3913

I agree about the triangles. But what day is today? What week? If you close the underground door and it's just you... Where do you go? Or a bunch of people... They'll squeeze you in or out...

From theory to practice FOREX - Trends, forecasts Machine learning in trading:

Stanislav Lobanov 2011.12.28 08:22 #3914

Today you can relax and trade extremely from the limits. Tomorrow maybe a little more cautious.

Stanislav Lobanov 2011.12.28 08:27 #3915

Look where the volumes accumulate in the screenshots that are posted. There is no one on the level. There is no chance of an upside breakout. There are buyers on the downside.

Bicus 2011.12.28 08:36 #3916

trump:
But what day is today? What week? If you close the underground door and it's just you... Where will you go?

Then why is the price so twitchy?

Stanislav Lobanov 2011.12.28 08:48 #3917

Bicus:
Then why is the price so jumpy?

On a daily basis, I would say up. The price is jumping because there are less and less people who are selling and less people who are buying. Look at the 5 minutes, they already look like minutes. The M15 opens with a gap - the sellers set their price and the buyers can only buy at the offered price. That's why there are bounces. If you watch the stock, the illiquidity on the hour and higher usually looks the same as on the 5M and 5M. I think it's going to go sideways and then we'll go down. Maybe, tomorrow it will move - too much news on the calendar, though I do not think we will see anything new.