NOTE: USA on holiday today folks
Mark ... Everything you have been told is a LIE
- #4,801
- Jan 16, 2023 9:28am Jan 16, 2023 9:28am
- Joined Dec 2010 | Status: Stop Pretending | 5,275 Posts
- #4,803
- Edited 4:10pm Jan 16, 2023 10:10am | Edited 4:10pm
- Joined Aug 2006 | Status: Trader | 5,319 Posts
{quote} the last one I had didn't have the text, but this looks like a perfect replacement..thanks Shabs
You can use the same indicator multiple times by changing the Unique ID's
Edit:
All the settings for Daily Line Box indicator are here :
https://www.forexfactory.com/thread/...ines-indicator
It never gets easier, you just get better
- #4,804
- Jan 16, 2023 10:37am Jan 16, 2023 10:37am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
{quote} Price always seems to go back to BOS Edit: {image}
every Saint has a past. Every Sinner has a Future
- #4,805
- Edited 11:08am Jan 16, 2023 10:58am | Edited 11:08am
- Joined Jan 2015 | Status: Trader | 5,146 Posts
Question
Is a (BOS) confined to only on particular Timeframe ?
Is a (BOS) confined to only on particular Timeframe ?
- #4,806
- Jan 16, 2023 11:09am Jan 16, 2023 11:09am
- Joined Dec 2010 | Status: Stop Pretending | 5,275 Posts
Question Is a (BOS) confined to only on particular Timeframe ?
edit: if we all agree that the market is fractal, that would conclude that BOS could happen on any conceivable time frame
edit2: it would also be dependent on your main time frame that you trade
Mark ... Everything you have been told is a LIE
- #4,807
- Jan 16, 2023 11:36am Jan 16, 2023 11:36am
- Joined Dec 2010 | Status: Stop Pretending | 5,275 Posts
Mark ... Everything you have been told is a LIE
- #4,808
- Jan 16, 2023 12:38pm Jan 16, 2023 12:38pm
- Joined Dec 2010 | Status: Stop Pretending | 5,275 Posts
{quote} How's that ? Just add modified Fib as you need too ? {image} {image}
If that is how you do it, then it is the way - for you.
Mark ... Everything you have been told is a LIE
- #4,809
- Jan 16, 2023 12:46pm Jan 16, 2023 12:46pm
- Joined Jan 2015 | Status: Trader | 5,146 Posts
{quote} Too many different ways to cover all.
- #4,810
- Jan 17, 2023 12:45pm Jan 17, 2023 12:45pm
- Joined Aug 2006 | Status: Trader | 5,319 Posts
They came to me :
It never gets easier, you just get better
- #4,811
- Edited 1:41pm Jan 17, 2023 1:08pm | Edited 1:41pm
- Joined Jan 2015 | Status: Trader | 5,146 Posts
- #4,812
- Jan 17, 2023 9:48pm Jan 17, 2023 9:48pm
- Joined Dec 2018 | Status: Trader | 4,608 Posts
As an avid chart reader, chart lover, and market mechanics observer, who could not enjoy seeing what I also saw here after just getting back from my morning outing.
(while letting the market do what it does best in between
)
I'll call it BOJ-Day lol. For them and their merry followers
.
Back again for pre-Franky to see what the EUR & GBP responses will be, ahead of the USD response (when I hit the sack later, of course).
.
(while letting the market do what it does best in between
)I'll call it BOJ-Day lol. For them and their merry followers
.Back again for pre-Franky to see what the EUR & GBP responses will be, ahead of the USD response (when I hit the sack later, of course).
.
- #4,813
- Jan 18, 2023 4:07am Jan 18, 2023 4:07am
- Joined Aug 2006 | Status: Trader | 5,319 Posts
It never gets easier, you just get better
- #4,814
- Jan 18, 2023 4:54am Jan 18, 2023 4:54am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
{quote} Stopped dead on last weeks open @ 159.379 Huge FVG below.
every Saint has a past. Every Sinner has a Future
- #4,815
- Jan 18, 2023 5:21am Jan 18, 2023 5:21am
- Joined Aug 2006 | Status: Trader | 5,319 Posts
{quote} Wash your mouth out - used that word again
It never gets easier, you just get better
- #4,816
- Jan 18, 2023 9:07am Jan 18, 2023 9:07am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
every Saint has a past. Every Sinner has a Future
- #4,817
- Jan 18, 2023 10:05am Jan 18, 2023 10:05am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
every Saint has a past. Every Sinner has a Future
As an avid chart reader, chart lover, and market mechanics observer, who could not enjoy seeing what I also saw here after just getting back from my morning outing. (while letting the market do what it does best in between
Thanks for your charts and info.
Just regarding your chart are you saying the news movement up was predictable? If so how? And how do you see the move back down on yen pairs? They came back to daily opens etc particularly on AJ. An objective trend following system could have caught a good move from the high back to the open. But, and it's a big but. It never always comes back to the open, just when you think it won't because that's how FX rolls.
- #4,819
- Jan 19, 2023 1:40am Jan 19, 2023 1:40am
- Joined Dec 2018 | Status: Trader | 4,608 Posts
{quote}
Hi TT,
Thanks for your charts and info. Just regarding your chart are you saying the news movement up was predictable? If so how? And how do you see the move back down on yen pairs? They came back to daily opens etc particularly on AJ. An objective trend following system could have caught a good move from the high back to the open. But, and it's a big but. It never always comes back to the open, just when you think it won't because that's how FX rolls.
No, not predictable by me, as an immediate directional movement based on news or such.
Just that in my observations over time, and with traders I talk to about such things, what I can say imho is that the market price is always going to a somewhere,
a target, once it is in motion.
How (and when) price reaches those targets is a variable in both time and movement and which I (can only) understand in my own head as being based on the "current aggregate" of trade orders in play at any one time that has to be addressed by whoever is holding the opposite sides of the trades in play.
This has price moving up/down/sideways, and maybe appearing random in its activity, while always having an intention of destination to be reached, once 'in play'.
This is a subject of much conjecture, of course. All we can do is look at the charts and see the "where" of where price begins and the "where" of where it ends.
And for me, just trying to extract some pips in the session availability I am trading in, during the larger move.
We can look at the GJ chart today and compare it to the one in the post you have quoted. This does not look random to me on completion, but again I do not have it as predictable before the event.
What precipitates the moves is an unknown to me as retail. Everything, incl tick-volume and indicators, seem to follow it, afterwards, including me when I can
I do love the charts afterwards tho lol, which incourages me to continue those assessments in my way.
.
