Reply To: Trades week ending – 6/1/23

#51573
ciprobay
Participant

GU buy
Shorties coming in, stops above price, NET DM shorts moving up and longs down

Can Djamal comment on this GU buy? It seems like everything was in my favor but it didn’t work. Or was the bias not strong enough?

Longies entered, my friend, simple as that. We have to change and adapt to the DM.
Your entry was late, the shorts we see in the histograms were already priced in, longies in profits, price near the top of the range. Of course its easy for me to say this after the fact, I mean no offense, I’m surprised the algo didn’t take those stops above as well.

what do you mean by shorties on histogram already priced in?
priced in means fake move completed?

just in general, I’ve always heard of this priced-in term in fx also regarding news
but don’t fully know the definition

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