DislikedUSDJPY Oct 31 intraday battle is at 113.00 same old battle ground in history. We shall see who will win this one - Bulls or Bears. {image}Ignored
What is the name of that Round number indicator?
- #82,962
- Oct 31, 2017 6:02am Oct 31, 2017 6:02am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #82,963
- Oct 31, 2017 6:05am Oct 31, 2017 6:05am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #82,964
- Oct 31, 2017 6:34am Oct 31, 2017 6:34am
- Joined Nov 2013 | Status: Trader | 2,780 Posts
{quote} USDJPY Oct 31 the battle at 113.00 Looks like the bulls won the last 4 hours. Will this continue into the NY session? I will look at what happens at 113.50. Always give more attention to resistance tested and broken become support !!! {image}
USDJPY bulls will be wanting to break those sellers pointed higher..
It's in fear when people show what they truly value.
- #82,965
- Oct 31, 2017 6:40am Oct 31, 2017 6:40am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} {image} USDJPY bulls will be wanting to break those sellers pointed higher..
I would like to see that happen next month...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #82,966
- Oct 31, 2017 6:59am Oct 31, 2017 6:59am
{quote} USDJPY Oct 31 the battle at 113.00 Looks like the bulls won the last 4 hours. Will this continue into the NY session? I will look at what happens at 113.50. Always give more attention to resistance tested and broken become support !!! {image}
Will my thinking correct it
BPP
thanks
Do not understand English, forgive me with google translation
- #82,967
- Oct 31, 2017 7:21am Oct 31, 2017 7:21am
- Joined Nov 2013 | Status: Trader | 2,780 Posts
{quote} Let me predict this one. It wont happen this month ... LOL. I would like to see that happen next month...
, plenty of movement on this one.
It's in fear when people show what they truly value.
- #82,969
- Oct 31, 2017 9:09am Oct 31, 2017 9:09am
- Joined Sep 2015 | Status: Trader | 2,516 Posts
Trading thin liquidity at the boundary of the charts
- #82,973
- Oct 31, 2017 7:12pm Oct 31, 2017 7:12pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} Hello Will my thinking correct it BPP thanks {image} {image} {image} {image}
very nice done
On the D1, there are 'short term' resistance to price moving up .. be prepared for choppy days if you want to be buyer.
when all 3 timeframes - MN, W1 and D1 are all aligned and in synergy we go for the money in the market.
That is the very basic law of trading the market trend.
My favourite picture below.
Know the correct meaning of "buy the dips" and "sell the rallies" in trend trading.
It is not the same as picking tops and bottoms which some traders do and they always have their trading capital locked in floating losses/drawdown for weeks and months.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #82,974
- Oct 31, 2017 7:58pm Oct 31, 2017 7:58pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} Hi emmanuel -What is Keddging? ... {image}
"Hi emmanuel -What is Keddging? Im also interested on participate ,... tomgu
It's "kedging" ... get your spelling correct.
Look at this photo below and what the two yachtsman are doing.
What has that to do with trading in general? not just forex but also when we trade the different markets - stocks, bonds, futures, etc. including the current craze Bitcoin.
Reply you in PM later in the week.
Now busy closing trades before my year-end vacation next week. Also broker will stopped accepting new orders after Nov 30 due to sever migration.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #82,975
- Oct 31, 2017 8:09pm Oct 31, 2017 8:09pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
USDJPY Nov 01 114.00
UJ early day open, look at reaction at 114.00 but do not sell this rally
UJ early day open, look at reaction at 114.00 but do not sell this rally
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #82,976
- Oct 31, 2017 9:23pm Oct 31, 2017 9:23pm
{quote} TMS MEME Live trading account, so far the following members replied: https://www.forexfactory.com/tomgu https://www.forexfactory.com/reverseflash https://www.forexfactory.com/jaizy https://www.forexfactory.com/marto24 https://www.forexfactory.com/frank0 https://www.forexfactory.com/mdtrader https://www.forexfactory.com/dharmikpatel https://www.forexfactory.com/panzerfx https://www.forexfactory.com/deichkind https://www.forexfactory.com/simontw...
- #82,977
- Oct 31, 2017 10:24pm Oct 31, 2017 10:24pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
AUDCAD Week 43 Oct 30 On Weekly chart, we see ranging market with a WCC. For PASR traders, that means no trading until price breaks out of the WCC range. {image} Note: when the market is narrow ranging Weekly, trading the Weekly Pivots is useless. Why? Now look at our TMS trading charts below, Several possible scenario, 1) price move up to region 0.9925 and 0.9950 'minefield' to fills orders. 2) move down to the WCC Low also that is a D1 Master Candle Low. {image} Best thing traders should do is stand aside and look for another pair...
AUDCAD Nov 01 update:
Price moved up nicely but rather slow in range trading.
Patience, it will clear that 'minefield' which I mentioned.
WCC, WRB, are all important when we trade Price Action and Support/Resistance. They help us identify the market conditions in which we trade. The market conditions is what TMS MEME traders use to identify the three Market Types and to trade only two of the three Market Types.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #82,979
- Nov 1, 2017 12:24am Nov 1, 2017 12:24am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
NZDUSD Week 43 Oct 27 Low timeframe is usually full of 'noise' and since it is week ending soon, we can't tell if there are really buyers coming into buying Kiwi near the weekend. More likely the long term sellers are taking profits and will sleep well before US GDP data release. TMS traders check the short term Daily and long term Weekly trends for trade direction decision. Anyway, after a long down trend, market will pause and it usually go sideways before the next move. Consolidation / Sideways market more likely after a trending move. I wont...
NZDUSD Week 44 Nov 01:
We are starting a new month and Kiwi is st old support of Dec 01, 2015. Also that RN 0.8650.
Will this be an early start of a major rally again? Do we see fundamentals to suggest a bull rally?
The TIMING must be right for both technicals and fundamentals to see a major rally again. Right now, I don't see that happening.
I will just watch that Weekly candle High - Low at this moment. Be patience like always, stalk the market until we see the conditions are right.
It's only mid-week and first day of Nov month.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #82,980
- Nov 1, 2017 12:29am Nov 1, 2017 12:29am
- Joined Nov 2008 | Status: Trader | 50,194 Posts
USDJPY Nov 01 114.00 UJ early day open, look at reaction at 114.00 but do not sell this rally {image}
If you want to buy the dips in a bullish rally, here is one opportunity.
Go/No-Go situation?
If it is BUOB or BUEB setup, I close my eyes and jump in.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett