ITB - Seeing Orderliness amongst 'Randomness'
- #117,662
- Mar 17, 2021 8:24pm Mar 17, 2021 8:24pm
- Joined Jun 2010 | Status: Trader | 16,699 Posts
ITB - Seeing Orderliness amongst 'Randomness'
- #117,663
- Mar 17, 2021 8:57pm Mar 17, 2021 8:57pm
- Joined Nov 2008 | Status: Trader | 50,327 Posts
GBPUSD Mar18 H1 intra-day Tokyo 1:00PM
- looking at the overall Big Picture now,
- I would look for the next swing low between 1.3950 and 1.3900, and a H1 trade setup candle
- target the BRN 1.4000 above
- or Buy at today' Day Open when PA move above its 5EMA.
- looking at the overall Big Picture now,
- I would look for the next swing low between 1.3950 and 1.3900, and a H1 trade setup candle
- target the BRN 1.4000 above
- or Buy at today' Day Open when PA move above its 5EMA.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #117,664
- Mar 17, 2021 11:43pm Mar 17, 2021 11:43pm
- Joined Nov 2008 | Status: Trader | 50,327 Posts
GBPUSD Mar18 H1 intra-day Tokyo 1:00PM - looking at the overall Big Picture now, - I would look for the next swing low between 1.3950 and 1.3900, and a H1 trade setup candle - target the BRN 1.4000 above - or Buy at today' Day Open when PA move above its 5EMA.
{image}
GBPUSD Mar18 Frankfurt 7:42AM
- with 20 minutes to Frankfurt Open,
- we have a swing low in the making ...
- anything can happen at FO and LO ..
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #117,665
- Mar 18, 2021 12:02am Mar 18, 2021 12:02am
- Joined Nov 2008 | Status: Trader | 50,327 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #117,666
- Mar 18, 2021 12:11am Mar 18, 2021 12:11am
- Joined Oct 2020 | Status: Trader | 3,886 Posts
gu buy. support tested. wary of yesterday high. both sell and buy can be scalped for 12 pips each. {image}
- #117,667
- Mar 18, 2021 12:16am Mar 18, 2021 12:16am
- Joined Jun 2010 | Status: Trader | 16,699 Posts
ITB - Seeing Orderliness amongst 'Randomness'
- #117,668
- Edited 12:59am Mar 18, 2021 12:43am | Edited 12:59am
- Joined Jun 2010 | Status: Trader | 16,699 Posts
ITB - Seeing Orderliness amongst 'Randomness'
- #117,669
- Mar 18, 2021 1:33am Mar 18, 2021 1:33am
- Joined Nov 2008 | Status: Trader | 50,327 Posts
{quote} GBPJPY Mar18 trades update at Tokyo 9:45am - post-FOMC and the 'trend' did not end yet. - closing +320pips and re-open the next batch. {image}
GBPJPY Mar18 trades update at London Open
- will close this batch +380pips
- expect some volatility today in about 4 hours
- re-open a new batch now and if the first spike is down then all is good, if the first spike is up also good.... TMS EVO_IX 'blade' money managemenet for swing trading.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #117,672
- Mar 18, 2021 7:11am Mar 18, 2021 7:11am
- Joined Jun 2010 | Status: Trader | 16,699 Posts
ITB - Seeing Orderliness amongst 'Randomness'
- #117,674
- Mar 18, 2021 5:18pm Mar 18, 2021 5:18pm
- Joined Nov 2008 | Status: Trader | 50,327 Posts
{quote} Thank you bro. How do you make the candle in front?
MT4 menu Charts>Foreground Chart
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #117,675
- Mar 18, 2021 5:21pm Mar 18, 2021 5:21pm
- Joined Nov 2008 | Status: Trader | 50,327 Posts
what trade plotter do u guys use on bar chart,the regular trade plotter clutters the chart,isnt it?anyone has got any better one? i want just the arrow without circle
do you mean like this?
trade entry and exit arrow without its background.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #117,676
- Mar 18, 2021 5:25pm Mar 18, 2021 5:25pm
- Joined Nov 2008 | Status: Trader | 50,327 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #117,677
- Mar 18, 2021 5:31pm Mar 18, 2021 5:31pm
- Joined Nov 2008 | Status: Trader | 50,327 Posts
{quote} USDCAD Mar18 Weekly Update: - the Weekly 'trend' is quite clear whether you look at PA with the 5-Method' 5EMA or some traders back in 2011 would use the Trend 2/8 to determine the Weekly Market Type - Trending and Sideways. - I like to check both in my technical analysis and I also like to use strat' Weekly Control Candle to see the Market Type conditions. - after all the chartist technical analysis, it boils down to what is the Money Management strategy to trade the market conditions and the trade setups I see. - key thing is still the...
USDCAD Mar19 at Tokyo Open 9am
- nice H4 5-Method classic reversal setup at 1.24004
- would be interesting day to watch how Friday NY Close and if the Weekly candle would confirm the control candle.
- this weekend top down analysis will help us prepare our trade plan for next week 12 Mar 22 to 26
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #117,678
- Mar 18, 2021 5:43pm Mar 18, 2021 5:43pm
- Joined Nov 2008 | Status: Trader | 50,327 Posts
{quote} {image} EURUSD Mar17 H1 at London Open - Frankfurt Open H1 bar/candle provide the PA DBHLC as setup - Reversal candle with Stoch %K cross %D and ctross 50-level - very good MOMENTUM in the FO bar/candle RSI green price line hooks over from slope +8.8 to slope -10.5 {image}
Q&As:
just to answer some PMs on how to swing trade when there is a weekly big candle of PASR traders call that the Weekly Control Candle WCC.
EURUSD Mar 19 update Tokyo Open 9am
- Trend 2/8 remains down
- will the weekly big candle still has the control today after closing this week' candle?
- always check the Average Weekly trading range of 52-weeks. If the weekly range of the WCC high-low is large than the ATR(52) weeks, take the trade following the Trend 2/8. You initial risk stop loss if the high of the WCC.
- if you are wrong, your cut-loss is the WCC High. This way you never have to hold on to losing positions for more than 2 weeks.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #117,679
- Mar 18, 2021 5:54pm Mar 18, 2021 5:54pm
- Joined Nov 2008 | Status: Trader | 50,327 Posts
{quote} GBPJPY Mar05 review and update: - often we see the market retraces after London session closed. - today is Friday and anything can happen and if more buyers exit the market, then the retracement can go deeper. - the Weekly PA and Trend 2/8 still show bullish. Note the intra-week retracement did not go deep into the APB/HA candle lower body/ HA Open. {image} remember our trade plan below: https://www.forexfactory.com/thread/...0#post13430230 {image}
GBPJPY Mar 19 update Tokyo Open
- first sign of trouble for trend following buyers....
- we will know this weekend when we do our WTDA and prepare for next week' swing trading
* Nicolas Darvas was a genius trend trader
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #117,680
- Mar 18, 2021 6:37pm Mar 18, 2021 6:37pm
- Joined Oct 2020 | Status: Trader | 3,886 Posts
gu sell. there will always be BE. if don't try and test the SR, will never know. {image}
Almost textbook LH LL retest rejection. Entered at TMS sell cross and left it overnight with set SLTP. Look forward for more retest entries to scalp today. More sells maybe?
