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  • #921
  • Jan 2, 2018 2:32pm Jan 2, 2018 2:32pm
https://twitter.com/wndrfldays123 activating Twitter as well, large community of PA traders out there, should be fun. Follow if you want. I'll post trades and analysis there, so this thread stays educational.
  • #922
  • Jan 2, 2018 3:43pm Jan 2, 2018 3:43pm
Quoting WDays
{image}
I recently opened a demo account at FOREX LTD so I could have access to a USX chart so I could follow along with your posts and try to look for trade opportunities that you would look for. The 4 hr USDJPY chart you posted not too long ago doesn't look up to date. Attached is the same chart from ProRealTime.

Is the difference due to FOREX LTD being closed (I don't know that they are, I'm assuming they are)? Or is there something you have to do with MT4 charts to get up to date data? I've never used MT4 charts before opening the demo account with FOREX LTD.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY 4 hours.png Size: 31 KB
  • #923
  • Edited 6:51pm Jan 2, 2018 5:07pm | Edited 6:51pm
Quoting Tyrion24
{quote} I recently opened a demo account at FOREX LTD so I could have access to a USX chart so I could follow along with your posts and try to look for trade opportunities that you would look for. The 4 hr USDJPY chart you posted not too long ago doesn't look up to date. Attached is the same chart from ProRealTime. Is the difference due to FOREX LTD being closed (I don't know that they are, I'm assuming they are)? Or is there something you have to do with MT4 charts to get up to date data? I've never used MT4 charts before opening the demo account...
Well you have to take into account the fact that different brokers may have different work days during holidays like what we had last week. Some may be open on the first of january, others won't. The one that I use to trade shows gaps, whereas fx ltd co uk doesn't appear to have any at first glance.

Then there's the timezone that the broker uses. Fx ltd co uk is a GMT broker, meaning there can be some offset with other brokers that do GMT +2 (like FXDD). So yeah, charts may end up different. And the difference can usually be seen in the 4 hour and higher timeframes.

I started using fx co uk ltd for my charting because it seems the most adequate. I take trades on another broker, though.

Edit: oh wow my chart feed really is indeed off holiday got me tired, but it least it proves what I was saying
  • #924
  • Jan 3, 2018 12:21am Jan 3, 2018 12:21am
Quoting WDays
{quote} Well you have to take into account the fact that different brokers may have different work days during holidays like what we had last week. Some may be open on the first of january, others won't. The one that I use to trade shows gaps, whereas fx ltd co uk doesn't appear to have any at first glance. Then there's the timezone that the broker uses. Fx ltd co uk is a GMT broker, meaning there can be some offset with other brokers that do GMT +2 (like FXDD). So yeah, charts may end up different. And the difference can usually be seen in the...
I reopened ProRealTime and they changed the data for Jan 1st. I highlighted the difference in the ellipse.

Still don't have a live feed with FOREX LTD. Maybe I gotta wait for the London open.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY 4 hours.png Size: 33 KB
  • #925
  • Jan 3, 2018 12:25am Jan 3, 2018 12:25am
Im gonna put $200 into a real ECN account, attach trade explorer on Forex Factory and start a thread $200 to 100K in one month.
I DARE You everybody here to join.
  • #926
  • Jan 3, 2018 2:29am Jan 3, 2018 2:29am
Quoting Tyrion24
{quote} I reopened ProRealTime and they changed the data for Jan 1st. I highlighted the difference in the ellipse. Still don't have a live feed with FOREX LTD. Maybe I gotta wait for the London open. {image}
03.01.2018trade open from 10:00open

http://www.forexltd.co.uk/forexltd/news

I didn't realize they were on holiday til the 3rd lol.
  • #927
  • Jan 3, 2018 2:37am Jan 3, 2018 2:37am
Quoting Waiter
Im gonna put $200 into a real ECN account, attach trade explorer on Forex Factory and start a thread $200 to 100K in one month. I DARE You everybody here to join.
You should rather put those 200$ in an online casino, at least you'll have fun
  • #928
  • Jan 3, 2018 2:44am Jan 3, 2018 2:44am
Quoting WDays
{quote} 03.01.2018trade open from 10:00open http://www.forexltd.co.uk/forexltd/news I didn't realize they were on holiday til the 3rd lol.
Thanks for posting that.

The broker I use for trading is Oanda and they post messages about market open/close hrs after you login. I figured Forex LTD did the same thing and since I don't have a real account with them and can't login then I wouldn't be able to find out their trading hours.
  • #929
  • Jan 3, 2018 7:57am Jan 3, 2018 7:57am
Quoting Tyrion24
{quote} Thanks for posting that. The broker I use for trading is Oanda and they post messages about market open/close hrs after you login. I figured Forex LTD did the same thing and since I don't have a real account with them and can't login then I wouldn't be able to find out their trading hours.
Yeah it's live now
  • #930
  • Jan 4, 2018 4:36am Jan 4, 2018 4:36am
THIS IS NOT TRADING ADVICE. IT IS MEANT AS AN EDUCATIONAL VIDEO. FOLLOW AT YOUR OWN RISK.
THERE IS RISK IN FOREX.
A live analysis video, implementing the 4 pillars of TA

Inserted Video
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYWeekly.png Size: 62 KB
  • #931
  • Jan 11, 2018 8:00am Jan 11, 2018 8:00am
Looking at 4 hr timeframes, the EURUSD took out yesterday's high while USDX has so far failed to makes a new LL. Would the break of yesterday's high on the EURUSD
be a fade opportunity? Is this one of the ways you use the USDX to help you with looking for setups on the EURUSD?

Edit: USDX got closer to yesterday's low as I was typing. Let's see if it holds.
  • #932
  • Jan 11, 2018 8:07am Jan 11, 2018 8:07am
Quoting Tyrion24
Looking at 4 hr timeframes, the EURUSD took out yesterday's high while USDX has so far failed to makes a new LL. Would the break of yesterday's high on the EURUSD be a fade opportunity? Is this one of the ways you use the USDX to help you with looking for setups on the EURUSD? Edit: USDX got closer to yesterday's low as I was typing. Let's see if it holds.
I posted a fiber chart on my twitter yesterday, saying that if the daily supply managed to hold and turn price, we may be seeing further bearishness. However, price only came back slightly above yesterday's open, and essentially, fiber closed bullish. I now believe we may see higher PA on euro. The reason the highs and lows don't match is that the euro rally is not related to dollar weakness, but rather euro strength. Which is why most other majors aren't moving as much. Longterm, I am bearish dollar.

https://pbs.twimg.com/media/DTLiEltXcAIGnPO.jpg:large
  • #933
  • Jan 11, 2018 8:10am Jan 11, 2018 8:10am
The way I use USDx, and there will be more on that later on in the year, is I compare key levels and S&D zones. Basically, if there is one on EURUSD but nothing on USDx, I doubt it will be that respected. So even though USDx managed to strengthen yesterday afternoon, it didn't really bounce off a relative level, meaning the correction is somewhat shortlived and cannot be trusted.

Furthermore, when using the USDx, we have to keep in mind that since it's a weighted basket with fiber holding the largest share, there needs to be a very strong impulse move on the index, in order for all other currencies to be lead by the dollar. Something note worthy is using EURGBP in determining whether to take a trade on EURUSD or GBPUSD, it's something a lot of people do.
  • #934
  • Jan 14, 2018 1:40pm Jan 14, 2018 1:40pm
Quoting WDays
The way I use USDx, and there will be more on that later on in the year, is I compare key levels and S&D zones. Basically, if there is one on EURUSD but nothing on USDx, I doubt it will be that respected. So even though USDx managed to strengthen yesterday afternoon, it didn't really bounce off a relative level, meaning the correction is somewhat shortlived and cannot be trusted. Furthermore, when using the USDx, we have to keep in mind that since it's a weighted basket with fiber holding the largest share, there needs to be a very strong impulse...
Great videos Thank You so mutch. Please when time permits make more Thank You

Best regards
  • #935
  • Jan 22, 2018 7:21am Jan 22, 2018 7:21am
This is what consolidation looks like, what follows after consolidation? Accumulation and expansion.
And as we speak, price is tightening around the middle of the range.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 49 KB
  • #936
  • Jan 22, 2018 7:25am Jan 22, 2018 7:25am
The dollar.
Attached Image (click to enlarge)
Click to Enlarge Name: USDXH1.png Size: 44 KB
  • #937
  • Jan 28, 2018 4:34am Jan 28, 2018 4:34am
Dollar looking like it wants to go higher from the 88.90 level. Macrotrend is still bearish, but intraday/short term TFs pointing to a shift in market structure.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDXMonthly.png Size: 55 KB
Click to Enlarge Name: USDXH1.png Size: 44 KB
  • #938
  • Jan 28, 2018 4:42am Jan 28, 2018 4:42am
great thread wdays

looks very much like the ict concepts.

all credit to innercircletrader
  • #939
  • Jan 28, 2018 4:53am Jan 28, 2018 4:53am
Quoting devontrader
great thread wdays looks very much like the ict concepts. all credit to innercircletrader
No doubt, credit has been given plenty of times
  • #940
  • Jan 28, 2018 5:11am Jan 28, 2018 5:11am
Quoting WDays
{quote} No doubt, credit has been given plenty of times
full respect wdays

we all owe it to ict and his teachings
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