DislikedCan someone of you AMT, MP pros give his opinion/reading of the current weeks profile? Would be really nice.
Thanks.
OxIgnored
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DislikedCan someone of you AMT, MP pros give his opinion/reading of the current weeks profile? Would be really nice.
Thanks.
OxIgnored
DislikedI took that one too. Im willing to hold it to DIBH. If it exeeds the DIBH Ill consider bailing.Ignored
DislikedIm no pro but imo we closed inside previous weeks va indicating imo balance. We have tested previous weeks VAH and was rejected. I would like to think we'll test previous weeks val. Also we open above previous month vah, imo overbought, needing to test mon vah. But Tgwhbb, imo has some of the best analysis, he doesnt miss much in the way of reference area. He always sees 2 or 3 things I overlook!Ignored
Dislikedi assume you mean DIBL @ 1.4723. That is my target as well.
mz, re IB volumes, check out today's. London IB 75% wider than average, on 21% increased volume, this supports the down move IMO. NY IB 75% wider than average, but only on 8% more volume, not supporting the up move IMO. curious what other's volumes are for the IB's.Ignored
DislikedJust a quick scalp buy from 1.4795 to last week VAH 1.4877. Lets see the one time frame PA will last. So far it is good to see volume supporting the move.Ignored
DislikedDIBH it the place where I need to admit Im wrong if PA exceeds. My target, If price wasnt moving against me (exceeding the IBH), 3x 1.46295, but If it does and rejects, the 1.5 -2x to the downside would be the target, if Im counting measured moves.Ignored
Dislikedwell, terrible day so far... that's what i get for trying to short the euro...Ignored
DislikedI agree, but I just added to that short. Its the same trade I did yesterday. yest I went @short same place. I added on a failure. I dont dont sugguest anyone else do this. I dont trade large lot size. lets see how bad this blows in my faceIgnored
DislikedI agree, but I just added to that short. Its the same trade I did yesterday. yest I went @short same place. I added on a failure. I dont dont sugguest anyone else do this. I dont trade large lot size. lets see how bad this blows in my faceIgnored
Dislikedi'm in the same short. last one for the day if it doesn't work out...but POC and value are down below, so a retrace should happen....Ignored
DislikedI have a small rule about trades taken inside the daily VA. If I do I reduce my trade size by more than half. I tend to risk alittle more on the edges as they are higher probaility trades.Ignored
DislikedJust a quick scalp buy from 1.4795 to last week VAH 1.4877. Lets see the one time frame PA will last. So far it is good to see volume supporting the move.
Decided to close it at 4869. That was fast LoL!!Ignored
DislikedFor me, AMT is another tool to be used in conjunction with known S&R levels and time lines.
This morning at the Frankfurt Open the confluence of 3 POCs, a monthly pivot and a fibonacci retracement offered plenty of short entries, especially if viewed on the 5 min chart.
For the fifth day the support area around 4747 was active as confirmed by the ultra high volume tweezers at the morning low.
The subsequent higher low on a lower volume harami and the later HL at the New York Open confirmed the potential to revisit the upper area of todays...Ignored
Dislikedi'm in the same short. last one for the day if it doesn't work out...but POC and value are down below, so a retrace should happen....Ignored
Dislikedclosed all shorts @4838 (developing VAH), small profit for the day, patience paid off.Ignored