What was everyone's Monday print?
On IBFX (closes at Tokyo open), closed as ND and failed to close above weekly channel median.
On IBFX (closes at Tokyo open), closed as ND and failed to close above weekly channel median.
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DislikedWhat was everyone's Monday print?
On IBFX (closes at Tokyo open), closed as ND and failed to close above weekly channel median.Ignored
DislikedHey Intel
Let's say you're watching this develop.
Other than observing potential selling, waiting for a confirmed UT and ND entry, do you have any other considerations in your mind at all?
By considerations I mean volume from other time frames, supply/demand levels, or channels?Ignored
DislikedSo I was travelling today and didn`t take any trades (wouldn`t have even if I was home with the GBP and USD holidays)...
Opened the laptop in my hotel room and saw just what was expected with a crappy 60pip range day but... it was a NS on the daily with SOS in the background. Back above the hull and PAL (NS into PAL), above the 38.2 retrace level at 4150 etc... 2 high volume downbars followed by upbars showing buyers.
Entry was 6pips above Monday high at 4320 (set pending went to supper, came back to find order triggered), Target is 4500 first...Ignored
DislikedWhat was everyone's Monday print?
On IBFX (closes at Tokyo open), closed as ND and failed to close above weekly channel median.Ignored
Dislikedhey pres, curious what time your day starts and ends. My broker printed Monday as the following (based on 0 GMT start and 23:59 GMt end).
O: 1.42888
H: 1.53516
L: 1.42561
C: 1.43321
So it was an upbar on half the volume, but dipped down to test a previous top so that's why i consider it a hidden test.Ignored
DislikedSo it looks like both London and NY sessions were busy shaking out the weak holders and buying into their selling. 1hr shows it pretty clear IMHO. I have marked what was the lowest 1hr close at 4372 (held up for quite awhile)... oh and did I mention that this was Asia's highest volume close level trigger as well... to the pip.
I don`t know if it will keep heading up but we should see at least 1.45 later today is 4450 gives way.Ignored
DislikedAnd might I ask what was the basis for your long entry so others can learn from your chart. I assume your trading a countertrend retrace into your trendline since you are below it and all of your moving averages all stacked for a downtrend.Ignored
DislikedBy the way pres 78, the price at ensign package is 49.95 or if not I would need to ask a refund....Ignored
DislikedI want to talk about what Gavin said something about trade with the trend and ignore the sign in opposite direction, concentrate on the signs in direction of the trend. Piece of cake, I'm gonna be enjoying my freedom of doing and living haw I like...yeah sure, is not so easy, if you follow just one time frame you got some chance in doing that but you're obviously missing the main picture which is supposed to increase probability in your favor. But if you want to follow the main pictures and define the trend as consecutive higher lows with higher...Ignored