Took this before bed last night, cloned trendlines paid off:
already closed 2/3's
already closed 2/3's
Fozzy Chat Room 7 replies
DislikedWhat does this gap mean? normally they fill on the way down but not this one. Is it when there's really heavy selling? What would we expect to happen around it? I expect them at weekends but not during middle of session.
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DislikedI dont have that gap, it could just be that there was a small glitch in the broker data.Ignored
DislikedHey guys, not on the current topic of compression but I'm currently researching money flow and phasing, and I found this in reds thread:
"UJ can be either in Dollar Index or in Yen mode.
As Japan is the last market maker, the phase USDJPY is in has a deep impact on "commodity currencies" (most important of them all being CADJPY which is inverted to USDCAD in phases too: if UJ is in yen mode strengthening against the dollar, through CADJPY it will sink USDCAD even if DX per se isn't falling). " (sdvsa)
I was wondering if anyone knows...Ignored
DislikedTook this before bed last night, cloned trendlines paid off:
already closed 2/3'sIgnored
DislikedNaughtyPip you are onto something my friend. Take a look at this article. Very interesting stuff.
Also these sites may be helpful
www.medianline.com/articles
www.marketgeometry.com
Also search for "the best trendline methods of alan andrews"Ignored
DislikedTook this before bed last night, cloned trendlines paid off:
already closed 2/3'sIgnored
DislikedNot sure if this helps you at all but I've saved almost every quote from Red in PIE so I found this:
"note - when BOJ weaken yen the other market makers weaken the dollar @ the exact same period - this is done to screw all retail in every direction
most traders think when uj rallies its dollar strength - thats not always the case - how to tell is looking at dx
if uj rallies and dx rallies then its dollar strength
if uj rallies and dx drops the makers have weakened yen and weakened dollar which is very confusing to retail
the right side of...Ignored
DislikedNaughtyPip you are onto something my friend. Take a look at this article. Very interesting stuff.
Also these sites may be helpful
www.medianline.com/articles (http://www.medianline.com/articles)
www.marketgeometry.com (http://www.marketgeometry.com)
Also search for "the best trendline methods of alan andrews"Ignored
DislikedHi all,
Am very new to compresion concept. Pls help to verify if this example is indeed compression. Looks like one to me..Ignored
DislikedHey everyone, would like to ask a question about trade management.
What do you do with you don't get decent move after price hits the level? Maybe it would be going above and below your entry point for 10-20 bars without really going anywhere. Would you just close the trade with a small P/L or stick to your SL and TP and just wait and see what happens?
Because usually if a level is strong the intial reaction should be big according to my understanding, but I also think that sooner or later there will be a big move when we either run out of...Ignored
DislikedHi, Julexo! I want to ask you how do you manage your stop loss? Recently i asked you this question and you said that you manage your SL manually, that you exit on higher or lower s/d zone, but on your charts i saw that you don't exit if price don't go in your direction but add position higher or lower. So could you explain how do you manage your SL and in what cases you will exit? It's very important question for me. ThanksIgnored