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Flying Dutchman

Quoting turnip15
NOTE: USA on holiday today folks
Half a holiday. Only the government and banks are closed.
Mark ... Everything you have been told is a LIE
Quoting Shabs19
{quote} You are thinking of Daily Line Boxes by Hanover. {file}
the last one I had didn't have the text, but this looks like a perfect replacement..thanks Shabs
Quoting Danger-Mouse
{quote} the last one I had didn't have the text, but this looks like a perfect replacement..thanks Shabs
Many versions of this very old indicator going around, updated by Pips4Life also.

You can use the same indicator multiple times by changing the Unique ID's

Edit:

All the settings for Daily Line Box indicator are here :

https://www.forexfactory.com/thread/...ines-indicator
The Only Limit, is the One that you Set Yourself - Felix Baumgartner
Quoting Shabs19
{quote} Price always seems to go back to BOS Edit: {image}
Good 'innit
every Saint has a past. Every Sinner has a Future
Question
Is a (BOS) confined to only on particular Timeframe ?

Quoting OAPDave
Question Is a (BOS) confined to only on particular Timeframe ?
No


edit: if we all agree that the market is fractal, that would conclude that BOS could happen on any conceivable time frame

edit2: it would also be dependent on your main time frame that you trade
Mark ... Everything you have been told is a LIE
Quoting OAPDave
{quote} Thanks for the reply So would it be fair to say, its just a matter of setting your charts up in the easiest way possible, that lets your eyes spot it quickly {image}
You always set your chart up to most clearly see based on how you trade. BOS would require the chart to be zoomed out more.
Mark ... Everything you have been told is a LIE
Quoting OAPDave
{quote} How's that ? Just add modified Fib as you need too ? {image} {image}
Too many different ways to cover all.

If that is how you do it, then it is the way - for you.
Mark ... Everything you have been told is a LIE
Quoting spzd
{quote} Too many different ways to cover all. If that is how you do it, then it is the way - for you.

They came to me :

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The Only Limit, is the One that you Set Yourself - Felix Baumgartner
Quoting Shabs19
They came to me : {image}
Obviously NO Plan, NO Sat Nav, NO Idea
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As an avid chart reader, chart lover, and market mechanics observer, who could not enjoy seeing what I also saw here after just getting back from my morning outing.
(while letting the market do what it does best in between )


I'll call it BOJ-Day lol. For them and their merry followers .

Back again for pre-Franky to see what the EUR & GBP responses will be, ahead of the USD response (when I hit the sack later, of course).


.
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Quoting OAPDave
{quote} Measured Moves ? {image}
Stopped dead on last weeks open @ 159.379

Huge FVG below.
The Only Limit, is the One that you Set Yourself - Felix Baumgartner
Quoting Shabs19
{quote} Stopped dead on last weeks open @ 159.379 Huge FVG below.
Wash your mouth out - used that word again
every Saint has a past. Every Sinner has a Future
Quoting turnip15
{quote} Wash your mouth out - used that word again
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The Only Limit, is the One that you Set Yourself - Felix Baumgartner
Would like sp500 to go long please but nearby levels?
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every Saint has a past. Every Sinner has a Future
Quoting turnip15
Would like sp500 to go long please but nearby levels? {image} {image}
It didn't make a profitable Long but I got two good shorts out of it, even if the first short ( second arrow) made me sweat as it neared the upper channel
Done for the day. Now watching " The "Repair Shop" on tv.
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every Saint has a past. Every Sinner has a Future
Quoting TimeTells
As an avid chart reader, chart lover, and market mechanics observer, who could not enjoy seeing what I also saw here after just getting back from my morning outing. (while letting the market do what it does best in between ) I'll call it BOJ-Day lol. For them and their merry followers . Back again for pre-Franky to see what the EUR & GBP responses will be, ahead of the USD response (when I hit the sack later, of course). . {image}
Hi TT,

Thanks for your charts and info.

Just regarding your chart are you saying the news movement up was predictable? If so how? And how do you see the move back down on yen pairs? They came back to daily opens etc particularly on AJ. An objective trend following system could have caught a good move from the high back to the open. But, and it's a big but. It never always comes back to the open, just when you think it won't because that's how FX rolls.
Quoting FocusWinReal
{quote}
Hi TT,
Thanks for your charts and info. Just regarding your chart are you saying the news movement up was predictable? If so how? And how do you see the move back down on yen pairs? They came back to daily opens etc particularly on AJ. An objective trend following system could have caught a good move from the high back to the open. But, and it's a big but. It never always comes back to the open, just when you think it won't because that's how FX rolls.
Hi FWR,

No, not predictable by me, as an immediate directional movement based on news or such.

Just that in my observations over time, and with traders I talk to about such things, what I can say imho is that the market price is always going to a somewhere,
a target, once it is in motion.

How (and when) price reaches those targets is a variable in both time and movement and which I (can only) understand in my own head as being based on the "current aggregate" of trade orders in play at any one time that has to be addressed by whoever is holding the opposite sides of the trades in play.

This has price moving up/down/sideways, and maybe appearing random in its activity, while always having an intention of destination to be reached, once 'in play'.

This is a subject of much conjecture, of course. All we can do is look at the charts and see the "where" of where price begins and the "where" of where it ends.

And for me, just trying to extract some pips in the session availability I am trading in, during the larger move.

We can look at the GJ chart today and compare it to the one in the post you have quoted. This does not look random to me on completion, but again I do not have it as predictable before the event.

What precipitates the moves is an unknown to me as retail. Everything, incl tick-volume and indicators, seem to follow it, afterwards, including me when I can

I do love the charts afterwards tho lol, which incourages me to continue those assessments in my way.

.
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