LOL. I won't consider any kind of "reversal" (trending up) has occurred until there is a convincing close above 1.2028 followed by a higher low on M5.

Here ya go, man. Enjoy.

You can get more out of those if you include either GBPJPY or EURJPY. Best if you include both of them.

Hey Tommy, did you enjoy a good laugh courtesy of the failed trader saying that he is focusing on his own trading and, watching what you post here? With that kind of focus on his own trading, no surprise at all that he's deep in his failure pit with ...

Most of the time one pair follows another except . . . And this is exactly why examining only 2 pairs is not enough input. When you increase the input to 3 pairs, 2 of which share a common currency, you can determine which of those 3 pairs is ...

I think that you are trying to use the pairs in a way that is not suitable. You can only get strength of one currency relative to another currency. If you do your analysis by combining multiple currencies that have a common currency, you are able to ...

This is not clear. It looks like you are trying to mix strength/weakness of individual currencies with currency pairs. But from a practical standpoint, we don't really have good gauges for what each individual currency is doing. That is why multiple ...

You gave some inputs but you did not actually ask a question. So please post again with which pair you would like to see "do something" and in which direction you would like to see price move. (Of course, I could make some guesses about what you ...

90% of traders ignore pair and currency correlation, And sadly, that comes as no surpise because it is hardly taught. The readily available materials for studying trading are just regurgitations of S/R, trend lines, and indicators such as MAs, MACD, ...

But remember that most orders were removed late Friday before the news. Today, MMs need to get their orders positioned back in the queue. So there can certainly be some initial smaller liquidity sweeps while they work on positioning for a larger ...

EUR/GBP is still suspiciously signalling Short on Hourly, I think you you will get a better read by looking at EURSUD, GBPUSD, and EURGBP together than just 1 or 2 of them.

Fire from "firesticks" (matches) looks like voodoo to some cultures. You can get more information here.

Sad, but true.

Not exactly. Intrinsic Market Timing. This is a model that assumes every larger swing comprises multiple swings on smaller TFs. Therefore, when a smaller TF completes the "normal" number of swings that build the larger swing, it is "time" for the ...

I think that we typically see some ranging after a big move because the MMs are setting up positions to return to later. Similar to a mountain climber who takes a lot of supplies at the start and along the way, caches some of them to use on his ...

Here is a visual aid with M15/M30/H1.

M5/M15 have likely not completed building the H1 down swing yet, so you will probably see some drawdown before the H1/H2 return up kicks in.

Actually, the M30 bars are a better vantage point, because the H2 came into play in the up swing that started this morning.

GBPUSD For week 6 of 2023 The MN1 rally continues. For day trading W1 is the control TF with down bias. M1 is the focus TF with down bias. The severe drop on Friday ended the week with all timeframes from W1 down to M1 down. At the start of the new ...

For such a large percentage of the orders to be removed, there must be shipload of bots programmed to act based on the time of pending news release.