Islander and Medici trade the European open | Page 330 | Forex Factory

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Islander and Medici trade the European open

  • #6,581
  • Jun 9, 2022 2:26am Jun 9, 2022 2:26am
Quoting Islander
GM - lethargic start with only 45 pts range in last hour - a Grey Zone in our terms I sold the opening spike up for 24 pts and will now "sit on my hands" till I see a clear entry ECB stuff later so anything might happen. I never bother to think about things like that.....just trade what's on my screen!


And, yes, a morning to stay away from the screens.
  • #6,582
  • Jun 9, 2022 2:41am Jun 9, 2022 2:41am
Sold the Lower High at the 14,350 SS for 50+ and now the 7:31 GMT WRB is important - its the break down candle

Also, the 382 retrace of the drop on M1 is there
Trading Levels with WRBs
  • #6,583
  • Jun 9, 2022 3:37am Jun 9, 2022 3:37am
Quoting Dutchy Daxy
{quote} Yes failed again indeed. But be careful. US lunch Hour often shows break outs. Good luck and stay green. (not from to much bear but from green pips)
100 day WVAP (red) was support on the way up, and resistance on the way down. That's still som 1200 points to the north, suggesting further upside once this consolidation between EMA400 and EMA800 on the hourly breaks....But as usual, anything may happen.
Attached Image (click to enlarge)
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  • #6,584
  • Jun 9, 2022 4:57am Jun 9, 2022 4:57am
Missed a lot as telephone engineer came to repair connection etc....now got the 300 mps I've been paying for!!

After the slow start, price broke down in that red WRB and just KISS trading off LHs & HLs offered plenty of green ones in the first two hours from XO
Attached Image (click to enlarge)
Click to Enlarge Name: jne9 dax s20 0900 plus.png Size: 45 KB
Trading Levels with WRBs
  • #6,585
  • Jun 9, 2022 5:32am Jun 9, 2022 5:32am
Quoting Islander
Missed a lot as telephone engineer came to repair connection etc....now got the 300 mps I've been paying for!! After the slow start, price broke down in that red WRB and just KISS trading off LHs & HLs offered plenty of green ones in the first two hours from XO {image}

Nice Break Outs again. I call them the "EU Lunch" moves
It's better to be out wishing to be in... than to be in wishing to be out!
  • #6,586
  • Sep 12, 2022 4:10am Sep 12, 2022 4:10am
Summer's almost over, although its still hitting 35º here!, so time for a few charts once I've finished my morning's trading.

Clear Higher Lows before and after XO ( the blue time line) were the alert and wait for the MA to turn green before Buying. Plenty of opportunities just Buying the Pull Backs to the MA

This M1 chart is for the first 2 hours after XO....
Attached Image (click to enlarge)
Click to Enlarge Name: sep12 dax m1 0903.png Size: 30 KB
Trading Levels with WRBs
  • #6,587
  • Sep 12, 2022 4:51am Sep 12, 2022 4:51am
The bigger picture on M60

The coloured older Support & Resistance levels update at the close of each candle
Attached Image (click to enlarge)
Click to Enlarge Name: sep12 dax m60 0924.png Size: 41 KB
Trading Levels with WRBs
  • #6,588
  • Sep 12, 2022 9:33am Sep 12, 2022 9:33am
Hourly chart for Nas which is holding above the MA, but not near the outer band, so suggesting higher prices at least to the next S&R area....

As always, TWT
Attached Image (click to enlarge)
Click to Enlarge Name: sep12 nas m60 1428.png Size: 43 KB
Trading Levels with WRBs
  • #6,589
  • Sep 12, 2022 10:34am Sep 12, 2022 10:34am
Plenty of opportunities in this afternoon's lethergic action....trading both long and short off the MA in conjunction with "levels"
Attached Image (click to enlarge)
Click to Enlarge Name: sep12 nas m1 1532.png Size: 42 KB
Trading Levels with WRBs
  • #6,590
  • Edited 1:57am Sep 13, 2022 1:40am | Edited 1:57am
A strong performance in Dax yesterday pushed it up through it August 24 & 5 highs and up to the next S&R area at its 618 retracement.

Early trading has retested YDs high. The next S&R area is 150 pts higher at the 13,600 BRN

A pull back most probable before any push above yesterday's high
Attached Image (click to enlarge)
Click to Enlarge Name: sep13 dax m60 FO.png Size: 46 KB
Trading Levels with WRBs
  • #6,591
  • Sep 13, 2022 4:08am Sep 13, 2022 4:08am
Not surprisingly after yesterday's large ranged day, the first two hours from XO Dax has traded in a narrow range of only 60 pts
Attached Image (click to enlarge)
Click to Enlarge Name: sep13 dax m1 0904.png Size: 34 KB
Trading Levels with WRBs
  • #6,592
  • Oct 11, 2022 2:54am Oct 11, 2022 2:54am
Dax M 60 chart with S & R indicator updating levels of interest
Attached Image (click to enlarge)
Click to Enlarge Name: oct11 dax m60 0746.png Size: 38 KB
Trading Levels with WRBs
  • #6,593
  • Oct 11, 2022 3:11am Oct 11, 2022 3:11am
Early action in Frankies Hour was the alert for some great moves after XO at 07:00 GMT on this chart

Look at the Wide Ranged Body candles, especially around levels. As my old friend Hidden Gap told me some years ago, they are full of information

Those at 6:31; 6:55; 7:14; 7:25 are good examples, as is the green WRB at 7:28 which was followed by a red WRB, this forming a tweezers pattern....all of these give us useful information
Attached Image (click to enlarge)
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Trading Levels with WRBs
  • #6,594
  • Oct 11, 2022 3:39am Oct 11, 2022 3:39am
Quoting Islander
Early action in Frankies Hour was the alert for some great moves after XO at 07:00 GMT on this chart Look at the Wide Ranged Body candles, especially around levels. As my old friend Hidden Gap told me some years ago, they are full of information Those at 6:31; 6:55; 7:14; 7:25 are good examples, as is the green WRB at 7:28 which was followed by a red WRB, this forming a tweezers pattern....all of these give us useful information {image}
GM Captain The action in NQ (my preference) very similar these days.This morning a couple of nice swings, and a final attempt that petered out.

PS: the horisontal lines are EMA200@1m with envelopes around.
Attached Image (click to enlarge)
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  • #6,595
  • Oct 11, 2022 4:02am Oct 11, 2022 4:02am
GM Medici, nice to have your input

I do have my chart of M 1 Nas open alongside my Dax charts and whilst I usually only trade Nas from NYO I do sometimes, especially before Dax's XO, trade Nas as it has more volume (activity) and tighter spreads...
Attached Image (click to enlarge)
Click to Enlarge Name: oct11 nas m1 0801.png Size: 26 KB
Trading Levels with WRBs
  • #6,596
  • Oct 11, 2022 4:08am Oct 11, 2022 4:08am
Quoting Islander
GM Medici, nice to have your input I do have my chart of M 1 Nas open alongside my Dax charts and whilst I usually only trade Nas from NYO I do sometimes, especially before Dax's XO, trade Nas as it has more volume (activity) and tighter spreads... {image}
Thank you, yes, makes sense. I prefer NQ in the morning for smoother action, and for tighter spreads (typically around 0.5) than DAX on a retail platform.
  • #6,597
  • Oct 14, 2022 2:31am Oct 14, 2022 2:31am
Nas M1 chart of yesterday's action from NYO

KISS was buying the green vfma
Attached Image (click to enlarge)
Click to Enlarge Name: oct13 nas m1 1630.png Size: 34 KB
Trading Levels with WRBs
  • #6,598
  • Oct 26, 2022 4:36am Oct 26, 2022 4:36am
The first couple of hours just looking for Higher Lows / Lower Highs....KISS
Attached Image (click to enlarge)
Click to Enlarge Name: oct26 dax m1 0930.png Size: 37 KB
Trading Levels with WRBs
  • #6,599
  • Oct 26, 2022 5:00am Oct 26, 2022 5:00am
This 4 hour Dax chart has two KwiOz Price Projections (violet lines) which are close to the red fibonacci price expansions.

Will Dax continue on up towards them?....that probably depends on the action in the US Indices with both Apple & Amazon reporting tomorrow....both will need good news to set Nas up again to continue its rally.....
Attached Image (click to enlarge)
Click to Enlarge Name: oct25 dax 4 hr 1000.png Size: 41 KB
Trading Levels with WRBs
  • #6,600
  • Oct 29, 2022 4:18am Oct 29, 2022 4:18am
Quoting TraderJF
A question to you pro guys: Do you have an idea what this trader is doing? https://www.youtube.com/watch?v=CyT0BKBinoM Or has been doing, he retired in 2015.

@traderJF how can i get in contact with you privately?
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