Posted by timebandit on 21st of Jan 2022 at 09:24 am
A lot of the indicators I follow, like NAMO, NYMO, etc., are
going to be out of whack in this environment. Fed not just
tapering, I believe actually draining. Margin calls distort
everything too. Matt and Steve are right: price is king. I've
gotten chewed up in the past when I ignored that.
A lot of the indicators
Posted by timebandit on 21st of Jan 2022 at 09:24 am
A lot of the indicators I follow, like NAMO, NYMO, etc., are going to be out of whack in this environment. Fed not just tapering, I believe actually draining. Margin calls distort everything too. Matt and Steve are right: price is king. I've gotten chewed up in the past when I ignored that.
Lastly, avoid being consumed by
Posted by steve on 21st of Jan 2022 at 09:39 am
Lastly, avoid being consumed by indicators (PRICE is KING). The VIX and nothing else for now.
I don't think so -
Posted by matt on 21st of Jan 2022 at 09:30 am
I don't think so - we've seen those below lower BB's for 3 and 4 bars at extreme's, I don't see that changing