They are propping up eur/usd - 5/13 03:41GMT

as said starting yesterdays session to current

From 55 pip swings
to 35 pip swings
to .. now .. 15 pip swings

It's a game of swings.

How emphatic or entrapping will the final breakout be.

And when.

all the best



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A magic carpet ride , day after day.

swing lines (are horizontal by their nature)

some more of the (fractal) swings, same pair diff tf

an update on da' magic, da' horizontal line swing magic


(a to the charts above, maybe trade to 'em )


be your own 'sultan' of swing

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Hi Fml

I'll be putting your "thread to bed" here.

It was an interesting exercise. For 'me' , cheers.


Wishing a swing (point), horizontal, 'up & then down', time to all.



The Horizontal Bop - Bob Seger



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Hi TimeTells,
Thanks for your beautiful charts.
In other thread,you said that you trade in M1 chart. When will you trade once the price returned to the S/R lines?

None of these swing lines worked for the moment because price just pushing higher and higher and nobody knows when it's going to reverse

Hi Merka,

I think I understand your post (maybe).

But you might have MY understanding upside down.

I don't have any reversal or reversal point in mind, nor do I trade reversals from those charts that I posted.

all the best

Hi Kevin,

Cheers mate but this thread of Fml’s is closed for me now.


I will say this.

But quickly first, I don’t look at any of my charts in the format of S/R and I have personal reasons for this. Others do use s/r and I have no drama with that at all either. It is a view is all.

I consider them ‘targets’.

Then I can ‘look’ at them in a completely different way.

So I don’t wait till price gets to a line (a beautiful horizontal line lol) and see what happens there regarding reversal or breakthrough. Others do, and they do it very well from what I observe on other threads.


But. And here’s ‘my’ thoughts only on a complex topic.

IF … it’s a target

… then price is going to get there, at some point and in some time (which is the issue of course with those who see this differently ... and maybe even more correctly than me, who knows really … it doesn’t bother me)

and IF … it’s a target I don’t dwell anymore on whether this target is PRE-arranged (ie was it ‘always’ going to that target, regardless of whatever else happens in other markets or in the world even).

And if I use that … IF … I look to find a place (entry) in the run-up to the target … and take some pips there. Some call it trading in the middle of the 'washing machine', the turbulence if you like (which I don’t see as ‘random’ either).

So, by definition, I do not get the whole pip run from bottom target to top target in pips.
I know how many pips “I” want, which I have based on observation (not maths) on what I have found the market will ‘give’ during the operation of its movements - and for that I say each trader will have their own ideas in what they require from these markets.


To answer your main question regarding the 1 min chart. Yes I enter a trade solely from the one minute chart. I try to find the better entry there, when I am ready to trade, as I wait for an ‘against my direction’ candle move and THEN then correction “back to direction”, that might put an extra 3-5 pips in my favour.

But I don’t look at a 1min chart for the setups.

I have the 1hr for that. Then down to the 5min to watch any ‘wavy’ action around a ‘current’ centre-point structure, till price shows a ‘return’ to my direction. And only then I go down to the 1min to try & finesse an entry.

Does it always work out to my advantage to do this. Not always lol.


I am at present working on my patience, meaning 2 things, first waiting for a good setup and 2nd not getting suicidal (just joking ) if I MISS that particular trade then altogether. I just settle myself down now and wait for another setup. Can be frustrating, I don’t have it all down perfect.


But NO S/R for me, as that concept had my brain always asking WHO is doing the supporting & who is doing the resisting.

BUT, targets, that ‘concept’ allows me to make each trade with the same paradigm in mind (and that is ALL it is - a mental concept - reality could be anything - it doesn’t bother me so much).


No more charts from me on Fml’s thread.

Though I am very pleased Kevin, you can see some beauty in the charts - as I do .
Well it’s the beauty in the ‘movement of price’ that I see).

all the best
Pete

Final update (promise ) on the EURUSD run.


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It is more like a game of tagging. I find it works even better with the break of structure.

Not surprised the thread turned out this way. So much cringe worthy BS. All of it here on forexfactory.

Cringeworthy bullshit on Forex Factory, agreed, but not from TimeTells.
The cringeworthy bullshit started with the title...'they are propping up eurusd'.
I don't get how an algorithm that wanders from target to target collecting stops is propping anything up?
Maybe its one of those new fangled Algos that would like to identify as a scaffold pole.

Hahaaa, cheers Moody.

Ah, the eternal question ... who are they?



I was kind of hoping Fml would expand on his insight.

But "they" do love a swing point target (whenever they are "propping it up" or "propping it down" )


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But that's a scaffold pole propping it up Pete...how could it fail!
However its total bullshit, 50/50 price returns to the top, and there we have it, confirmation, price being propped up!

Not getting it won't change for you. Hasn't and never will the same as all the rest

Not getting it, we’ll now.