- Feb 23
The Aussie crosses are continuing to develop nicely. The bearishness observed within the waves last week produced something concrete end of Friday and beginning of today (Monday) that we will be using to build towards a trade. The main pairs are generally uninteresting apart from an odd random intraday position that are a bit difficult to see coming. The pound does have a clear intraday possibility that we're going to be watching closely.
Good Trading.
- Feb 20
Using our ideas to analyze and interpret movements on the Aussie is different in practice than in theory. The ideas themselves as its explained and given examples appears and feels different because we're operating fundamentally in an entirely known space. We analyze past data where we know the outcomes and can see clearly the patterns and logic at play. In any real world case we don't know and can't know until the very second our system produces a setup. This leaves us with the problem of dealing with the uncertainty and the possibilities. I prefer to generate narratives or stories out of the data. One for the bulls and one for the bears. The deeper patterns, subtle movement to me signal hidden desires, motivations or intentions. Its a framework that organizes all the data in a simple form, which is the main thing. Consolidate the information however you like so long as you keep the understanding perfectly expressed in its simplified form. For me it makes sense to convert the patterns into emotions because the market is at bottom just a combination of humans expressing their thoughts and feelings through behavior. This is of course only one way to look at the situation. Use whatever works for you.
Good Trading.
- Feb 16
Our ideas on the main pairs are explained thoroughly today. We recapped last weeks analysis before moving into this week's ideas. There's no clean way of summarising the ideas here so its best to view the pairs you're interested in and see if you like the ideas and if they make sense to you.
Good Trading.