Actually am going in for this... it created new prices to show further up during now till Asian open.
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Time Is Money
- #1,081
- Apr 10, 2019 10:59am Apr 10, 2019 10:59am
- | Joined Oct 2008 | Status: Big Fish | 1,255 Posts
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- #1,083
- Apr 10, 2019 11:07am Apr 10, 2019 11:07am
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- #1,084
- Apr 10, 2019 11:10am Apr 10, 2019 11:10am
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- #1,085
- Apr 10, 2019 11:34am Apr 10, 2019 11:34am
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- #1,087
- Apr 10, 2019 11:44am Apr 10, 2019 11:44am
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- #1,088
- Apr 10, 2019 11:47am Apr 10, 2019 11:47am
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- #1,089
- Apr 10, 2019 11:53am Apr 10, 2019 11:53am
{quote} Trying to remember so much, I can only see based on levels drawn and that opening markets are where the volatility is. Its a buy because of the higher highs in past 3 periods, I think the buy will be around the purple line what ever session In which case you could short it down to the purple line as another trade? Frustratingly I still dont know / understand in advance that it will be ASIA open and not London Open to buy this. Think Ive asked this, but is there any videos or reading material on the timings, was trawling thru FF last night...
Finding it really hard to understand how you know which session will give best price on open.
I get the horizontals and times of day there is volatilty, its the timing that completely baffles me....you should do some You Tube vids
- #1,090
- Apr 10, 2019 4:59pm Apr 10, 2019 4:59pm
- | Joined Oct 2008 | Status: Big Fish | 1,255 Posts
{quote} So going back to this, how do you know Asia Open will be time to buy and not London Open? Finding it really hard to understand how you know which session will give best price on open. I get the horizontals and times of day there is volatilty, its the timing that completely baffles me....you should do some You Tube vids
Explaining it for me is not easy. Even if I show you how to do it, you won't be able to do it on your own because in that market chaos, it's like seeing millions of things at once and you try to connect some dotes that will make sense to your mind and try to remember the last time you came across that kind of scenario and how the market kind of played out.
The scenario would be like you being punished and that pain reminds you of how the start of the pain began and what triggered it. This kind of experience combined with basic reading of charts over many years of studying kind helps to read and make sense of some charts to trade. Even so I try not to over look things and predict. That kind of long term prediction and trading it, I failed miserably. Long term trading is not possible too. You just need a small time frame of the day to get something out of the market. If you can do that consistently, then you will have good chance of making it in trading in the long run.
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- #1,091
- Apr 10, 2019 5:16pm Apr 10, 2019 5:16pm
- | Joined Oct 2008 | Status: Big Fish | 1,255 Posts
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- #1,094
- Apr 10, 2019 5:46pm Apr 10, 2019 5:46pm
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- #1,095
- Apr 10, 2019 5:47pm Apr 10, 2019 5:47pm
- | Joined Oct 2008 | Status: Big Fish | 1,255 Posts
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- #1,096
- Apr 10, 2019 5:49pm Apr 10, 2019 5:49pm
{quote} Trading is never easy! I would say if you really wanna learn how to trade, try to practice naked charts with sessions. Make your charts empty and use lines to find prices that hold within certain time of the day. Follow it the following day and find out how the market is behaving during sessions within that price level. You need to have an inner imaginary pictures and have a rough estimate where things or prices get thrown at with certain price movement. I don't know if I am making sense. Explaining it for me is not easy. Even if I show...
Even found one on timings between Asia and London, I watched it briefly but will pick it up tomorrow again.
Just focusing on PA tonight from what Ive learnt. I think timings between sessions will make sense over time as I watch PA. I'm getting a grip on volatility during times of day and video sort of drummed it in and made sense.....I wont give up!
- #1,097
- Apr 10, 2019 5:51pm Apr 10, 2019 5:51pm
- | Joined Oct 2008 | Status: Big Fish | 1,255 Posts
Time Is Money
- #1,098
- Apr 10, 2019 5:54pm Apr 10, 2019 5:54pm
{quote} NZDCHF...just buy at around Tokyo open. The more it pulls back the better entry for buy. I know what you mean by selling it, but I would advice to leave that alone and set it up for tomorrow. We will sell automatically tomorrow at Lunch time :-) Well done!!
- #1,100
- Apr 10, 2019 5:56pm Apr 10, 2019 5:56pm
- | Joined Oct 2008 | Status: Big Fish | 1,255 Posts
{quote} Cool both ones you mentioned CHFJPY and NZDCHF were ones I felt strong with, even put both directions NZDCHF and arrows CHFJPY on just these two Im that cocky confident
Now...momorise that time shit I said earlier. One is tonight and the other one is for tomorrow.
The one for tomorrow will only be invalid if the trade makes past the current high. It it hold within, then it's an automatic sell tomorrow lunch. Now you know the time, you are getting there.
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