The only thread you will ever need: FX Exposed!

Nah?

Got it on EG?

;-)

Stay safe,
FF

EU on M15:

Hi Folks !

Beware of all USD based currency pairs
Could be that we have a move to the upside soon

There was more in this question.
Do you like to answer that also pls?

If I remember correctly this is a selfmade indicator?
Do you do that by valuing every tick whether it goes up or down?
I ask because I analyzed that myself (with software of course) for some time, but let it go.
Maybe you can give me new ideas around that.

Thanks in advance for your insights

"Do you do that by valuing every tick whether it goes up or down?"

I am not sure I understand your question correctly....

anyways....

the info is LIVE....so YES, by tick.......

FF

GJ:

Note:

LIMIT accumulations are NOT necessarily magnets for the price.

YES, the SM tries to always cover "as much range" as possible........this to kick out any STS.....as well as filling open orders...

But, the dynamics for limit accumulations are NOT equivalent to the ones of STOP accumulations.

Stay safe,

FF

"
Nah?
Got it on EG?
;-)
Stay safe,
FF"

HOMEWORK:

What did the SM do in EG today?

(EASY!)

"Only if you know (or have a better guess of) what the market is going to do at the limit order level. But do we?"


OK, let me elaborate then.

It is not very difficult to figure out price levels at which you would like to be in the market:

For example, look at the shot above.

This market is full of DM shorties..........you can see the "Dm short nest" at the lower white line......

if the price drops to there (because of news, other pairs or STS runs), then we know (i.e. lasso principle) that once the lower MT is taken,

CETERIS PARIBUS (= all things equal, so if the market structure did NOT change until then!)

we want to be LONG. Because (IF THERE IS NO DM SWITCH TO LONG!) the SM would then quickly push the market UP again, going for the MAIN MT RUN against the shorties (in particular if DM keeps on SELLING and therefore fresh REDS come in).

Since we do not know whether that happens within 10, 20 or 30 hours, it can often be a good idea to for example place a first limit accordingly.

As long as you check the markets daily (so CETERIS PARIBUS is valid), you then do NOT need to care WHEN exactly the scenario unfolds......

So it can SOMETIMES take the factor "time" out of the equation.

I hope that helps.

FF

EU on M15:

They ran with a gap down to kick out the lower MT stop accumulation on the yellow line.

GU on M15:

"They ran with a gap down to kick out the lower MT stop accumulation on the yellow line"

ORANGE line, dear.

FF

EJ on M15:

GJ on M15:

Gold on H1:

USDCAD on M15:

UJ on M15:

AU on M15: