Disliked{quote} Yes thats why I am hedging longs - thank you for a brilliant summary on the NFPIgnored
Thats why you hedge
I can predict moves but then I forget how. Why? 20 replies
iCustom Value with another value ? 8 replies
How to get an MA value of first indicators value? 2 replies
Could RSI value show most update value on eur/usd chart? 6 replies
Disliked{quote} Yes thats why I am hedging longs - thank you for a brilliant summary on the NFPIgnored
Disliked{quote} Ah yes we reached. Not much response from market but we have edged up a bit. Targets 1 0920 1 0980 1.1000 should be a pullback aTo: ayoayo | From: Dennis1468 | Sent: Oct 23, 2016 12:26pm
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leave stops in place now buy at 1.0850 and that buy order leave stop at
1 0810t 1.100 to 1 0960 enter again on the pull back from 1.1000Ignored
DislikedHi Dennis I'm curious about one thing... Your advice to use overnight range as base for our day analysis. Have you a valid reason for that ? If so, can you explain ? I'm doing some research motivated by the ACD system from Mark Fisher and found something curious that validates the reason to use that range (only for forex). It's time consuming, not ready yet, but when i have something useful i will post. JLIgnored
Disliked{quote} Quoting Dennis1468 EUR USD For those who have IM me on EU Questions, I can only IM once every 24 hours as Commercial Member so below Chart is for you: The Horizontal lines on below 4 H EU chart is your Key areas of potential rejection or Failure. We see now we are at the key Area marked in yellow/current price for potential up swing if Bulls can defend. If they cant defend then the bears get paid all the way down to the Green line for fight on there {image} Hi...Ignored
DislikedHi all I have read the book "The logical trader" from Mark Fisher and on this book on ACD system, he says that the open range (that can be from 5m to 1h) depending on asset in consideration represent 20% of the highs or lows for the day. As he trades mostly commodities and stocks that have different beavior on forex, i want to find on what way and how i can find something similar in it (forex). In this case i used the period of one hour and check on every day of any year from 2004 onwards at what hour occurred...Ignored
Disliked{quote} Pretty simple actually. Price is either going up or down. Many days it goes one way from the start. That accounts for the data skewing to 00:00.Ignored