some pictures to act mp sl tp
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Point to Point a.k.a. Deterministic Trading with Orbit the Tool 103 replies
Dow futures point to more than a 1,000-point fall at the open 1 reply
Point and figure charts 7 replies
Pivot point reference point? 7 replies
Disliked{quote} Kette - truly talented people often struggle to articulate exactly how they do things, because it is a natural talent and trying to explain something that comes naturally to you is very difficult. Thank you for continuing to try.Ignored
Disliked{quote} Kette - truly talented people often struggle to articulate exactly how they do things, because it is a natural talent and trying to explain something that comes naturally to you is very difficult. Thank you for continuing to try. Before I try and confirm whether or not I am getting closer to understanding, looking at MP would you be looking for longs on E/U when the market opens confirmed with CCFP ?Ignored
DislikedOK, looks very similar to E/U because of the correlation albeit inverted obviously. However, what I *think* I am seeing relates to price returning to fair value. The fairest value on the MP profile is POC. What I can see on the USD/CHF is price in a low value area above POC and VAH (Red), so given we always expect price to revert to fair value, then we would be looking for a trade towards POC (Blue) in the next session. A cross of the CCFP (Blue line is USD) would given you confidence that move is going to happen. Your trade would be a cross down...Ignored
Disliked{quote} that's easy to describe, can go in this direction for the opening of asia 1 hour later i would wait for london to openIgnored
Disliked{quote} Understood, thanks Kette. Now some of your earlier posts are making sense to me. Trust me, your English is better than my German, I have never done any better than Zwei Grosse Bier, although that has served me well in the pastIgnored