DislikedTop of the hour definitely the most profitable time to scalp if position was entered 10-15 minutes earlier, would never hold big scalps for longer then 10-15 minutes past full hour either, usually the best time to reverseIgnored
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DislikedTop of the hour definitely the most profitable time to scalp if position was entered 10-15 minutes earlier, would never hold big scalps for longer then 10-15 minutes past full hour either, usually the best time to reverseIgnored
DislikedNever understood why tho, could it be because futures options expiring or automated high volume algorithm trading bots entering/exiting positions, or something else?Ignored
DislikedHey T. Not just the bots I reckon, also manual traders. Market is driven by people. People like to fit everything into nice neat little orderly constructs. The world as a whole may not see any significance that the hour on our clocks is about to end, but people sure do. Also, many people watch 1H charts so many are reacting to close.Ignored
DislikedYes but liquidity/volatility providers are not us...Its banks, hedge funds, CBS,and institutional traders. As you know Forex is NOT centralized market so neglect volumes..no volume in forex...i have written about that many times before.
Big banks are mostly using automated bots.Ignored
DislikedIm back guys, exactly as I thought range play. NY could accelerate it down to 3025 first. 3080 is resistance now. Target remains the same 2980Ignored
DislikedIn my smaller TF show 3135 as magneto point= will b touch over and overIgnored
Disliked3080 broken, NFP Monday not respecting the first part of London session. Next 3115 will be touched.Ignored
DislikedHello
Just back home
My view the same
I long@3040 now 70++ and will not close yetIgnored
DislikedWatch the resistance. As i said 3080. This you wont hear anywhere else:
80s and 20s are natural s/r levels!
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DislikedLOL, it was faster then i thought. 3115 touched. How did i know? It was stop collecting. Stops were presumably placed 10 pips above 3081 last HH ( that is 3091). Intraday traders who still held shorts were killed and that was MOMENTUM move. Usually price jumps to 3110-3120.
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DislikedWatch the resistance. As i said 3080. This you wont hear anywhere else:
80s and 20s are natural s/r levels!
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DislikedI did not make any money with my shorts this morning (because I wasn't behind comp and had my target at 1.30... even managed to lose 28 pips
((((
I opened a long at 1.3060 on retest of DS1 (I know this comes after the fact- still open... Large momentum candle, planning to keep it open, SL @ BE - target as per my chart of Friday...
Egkid, well done for your trade at 1.304 - you have some balls m8Ignored
DislikedSorry for that but I'm sure you will get +++ tomorrow bro
U know Life
Catch u tomorrow must go now , will post when my daily closeIgnored