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Flying Dutchman

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  • Post #7,281
  • Quote
  • Mar 27, 2023 8:00pm Mar 27, 2023 8:00pm
  •  whitesta
  • | Joined Aug 2018 | Status: Member | 414 Posts
Hi All,

So far GBP/JPY is taking out the targets below Tokyo open. Lets see how far it goes.
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  • Post #7,282
  • Quote
  • Mar 27, 2023 8:06pm Mar 27, 2023 8:06pm
  •  spzd
  • Joined Dec 2010 | Status: Hybrid PA | 4,015 Posts
Quoting whitesta
Disliked
Hi All, So far GBP/JPY is taking out the targets below Tokyo open. Lets see how far it goes. {image}
Ignored
Curious on your Tokyo open spot. I have mine set to the TSE open of 9 am Tokyo time, about 6 minutes ago.
Mark ... Either you understand or you don't, and that is that.
 
1
  • Post #7,283
  • Quote
  • Mar 27, 2023 8:08pm Mar 27, 2023 8:08pm
  •  spzd
  • Joined Dec 2010 | Status: Hybrid PA | 4,015 Posts
Quoting spzd
Disliked
{quote} Curious on your Tokyo open spot. I have mine set to the TSE open of 9 am Tokyo time, about 6 minutes ago.
Ignored
I know it's Asia session with wider interpretation. Just curious why yours is where it is.
Mark ... Either you understand or you don't, and that is that.
 
1
  • Post #7,284
  • Quote
  • Mar 27, 2023 8:18pm Mar 27, 2023 8:18pm
  •  whitesta
  • | Joined Aug 2018 | Status: Member | 414 Posts
Quoting spzd
Disliked
{quote} I know it's Asia session with wider interpretation. Just curious why yours is where it is.
Ignored
Hi not sure about Tokyo Open but i followed the Forex Market Hours and converted it to my broker tIme.
 
3
  • Post #7,285
  • Quote
  • Mar 27, 2023 8:21pm Mar 27, 2023 8:21pm
  •  Lou
  • Joined Mar 2004 | Status: Senior Member | 1,455 Posts
Interested to see if the Jpy crosses on the downmove will stop at their respective nearest 00 or 50
 
2
  • Post #7,286
  • Quote
  • Mar 27, 2023 8:22pm Mar 27, 2023 8:22pm
  •  TimeTells
  • Joined Dec 2018 | Status: Trading, and Music; that'll do lol | 3,112 Posts
Yen Traders note pls.

Today, in about 4 hours or less, will (should) be the final public speaking by outgoing BoJ Gov Kuroda.

Fireworks before, during or after, Whoever really knows with the BoJ and their band of inside followers lol.

Be on our toes before London Open is all I can say.
 
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  • Post #7,287
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  • Mar 27, 2023 8:28pm Mar 27, 2023 8:28pm
  •  spzd
  • Joined Dec 2010 | Status: Hybrid PA | 4,015 Posts
Quoting TimeTells
Disliked
Yen Traders note pls. Today, in about 4 hours or less, will (should) be the final public speaking by outgoing BoJ Gov Kuroda. Fireworks before, during or after, Whoever really knows with the BoJ and their band of inside followers lol. Be on our toes before London Open is all I can say.
Ignored
Saw that.
I will be done long before he speaks. This could be some coded speech for those followers so they know what to expect.
Mark ... Either you understand or you don't, and that is that.
 
2
  • Post #7,288
  • Quote
  • Mar 27, 2023 8:29pm Mar 27, 2023 8:29pm
  •  spzd
  • Joined Dec 2010 | Status: Hybrid PA | 4,015 Posts
Quoting Lou
Disliked
Interested to see if the Jpy crosses on the downmove will stop at their respective nearest 00 or 50
Ignored
In 11p we will find out.
Mark ... Either you understand or you don't, and that is that.
 
2
  • Post #7,289
  • Quote
  • Mar 27, 2023 8:33pm Mar 27, 2023 8:33pm
  •  TimeTells
  • Joined Dec 2018 | Status: Trading, and Music; that'll do lol | 3,112 Posts
Quoting spzd
Disliked
{quote}
Saw that. I will be done long before he speaks. This could be some coded speech for those followers so they know what to expect.
Ignored

Just waiting here to see if the new Lo of the day finally forms lol. Who knows, I'm just watching.
Might be some pullback (50% ??? or less or more or none hahaa) into the Speech.

(edit: the daily PP is at the 30 just 3pips above the BRN 000, but whether they shoot for it or just tease we can only observe)
 
3
  • Post #7,290
  • Quote
  • Mar 27, 2023 8:36pm Mar 27, 2023 8:36pm
  •  spzd
  • Joined Dec 2010 | Status: Hybrid PA | 4,015 Posts
Quoting TimeTells
Disliked
{quote} Just waiting here to see if the new Lo of the day finally forms lol. Who knows, I'm just watching. Might be some pullback (50% ??? or less or more or none hahaa) into the Speech.
Ignored
Not saying I will have anything to say for that time. As you I am just watching. This is the kind of grind move I have nothing for. Pause, back up not enough to mean anything, go again. You know, general pain in the ...
Mark ... Either you understand or you don't, and that is that.
 
3
  • Post #7,291
  • Quote
  • Mar 27, 2023 8:36pm Mar 27, 2023 8:36pm
  •  whitesta
  • | Joined Aug 2018 | Status: Member | 414 Posts
Quick trade done, took a small piece from the downward move. i mostly take trades from RNs. Time is also very important. LHs were formed early on but i was waiting for RN and Tokyo session.
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  • Post #7,292
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  • Mar 27, 2023 8:38pm Mar 27, 2023 8:38pm
  •  spzd
  • Joined Dec 2010 | Status: Hybrid PA | 4,015 Posts
Quoting whitesta
Disliked
Quick trade done, took a small piece from the downward move. i mostly take trades from RNs. Time is also very important. LHs were formed early on but i was waiting for RN and Tokyo session. {image}
Ignored
We may have a budding Al Brooks with us.
Mark ... Either you understand or you don't, and that is that.
 
3
  • Post #7,293
  • Quote
  • Mar 27, 2023 8:42pm Mar 27, 2023 8:42pm
  •  TimeTells
  • Joined Dec 2018 | Status: Trading, and Music; that'll do lol | 3,112 Posts
Quoting whitesta
Disliked
Quick trade done, took a small piece from the downward move. i mostly take trades from RNs. Time is also very important. LHs were formed early on but i was waiting for RN and Tokyo session. {image}
Ignored
Nice.

Chart Analysis & Market Analysis is the cornerstone of proper structured trading, imho.

They slipped down those quick 5 pips to tip over the Day PP lol, the 000 is still in vicinity but they're teasing it now lol, will they, who knows, not me hahaa.

But I love watching em do what they do with it all
 
3
  • Post #7,294
  • Quote
  • Mar 27, 2023 8:50pm Mar 27, 2023 8:50pm
  •  whitesta
  • | Joined Aug 2018 | Status: Member | 414 Posts
Quoting TimeTells
Disliked
{quote} Nice. Chart Analysis & Market Analysis is the cornerstone of proper structured trading, imho. They slipped down those quick 5 pips to tip over the Day PP lol, the 000 is still in vicinity but they're teasing it now lol, will they, who knows, not me hahaa. But I love watching em do what they do with it all
Ignored
Might form ur inflection zone. Yes hard to say now. If not now they might return later to test 161 RN. For now we just sit and wait.

And Bam...lol
 
3
  • Post #7,295
  • Quote
  • Mar 27, 2023 9:05pm Mar 27, 2023 9:05pm
  •  TimeTells
  • Joined Dec 2018 | Status: Trading, and Music; that'll do lol | 3,112 Posts
Okay, a quick +9 just to start "Speech Day" off. That usually means they can now rush it higher hahaa, but NO FOMO as it was all what I required from this first trade.

.
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  • Post #7,296
  • Quote
  • Mar 27, 2023 9:17pm Mar 27, 2023 9:17pm
  •  TimeTells
  • Joined Dec 2018 | Status: Trading, and Music; that'll do lol | 3,112 Posts
They ran the price reverse up too quick, imho, they often do - after a major drive one-way.

So, completed the morning now (day if i want) at my +15p target.

Trade well, trade safe all. Kuroda Speech in about 2½ hrs plus.


.
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  • Post #7,297
  • Quote
  • Mar 27, 2023 9:24pm Mar 27, 2023 9:24pm
  •  TimeTells
  • Joined Dec 2018 | Status: Trading, and Music; that'll do lol | 3,112 Posts
Trader just enquired why I close these morning trades so quickly.

What I say is.
There are Trades.
And there are Lock Trades.
Why not take an almost zero risk trade. And "lock it in".
Plenty of other more solid trade result possibilities later around pre-Franky & London
(and more for you lucky folk trading new York lol).

TP

But that's just me, each to their own in this game. Many ways to skin the cat.
 
3
  • Post #7,298
  • Quote
  • Mar 27, 2023 9:55pm Mar 27, 2023 9:55pm
  •  bluesteele
  • Joined Aug 2007 | Status: Member | 1,861 Posts | Online Now
11 tabs open open in this window....Reply all written up...bunch of charts AND hit the X by mistake...
Hit restore but my reply is all gone.... Frick frackAttachment 4426806Attachment 4426806 me...hahaha SO cutting to the chase...

Asian Range 8pm-2am NY time..50% level of AR...CB's Box time (Cameron Benson)
Spent countless hours last few days on this...as I use the 50% level of initial NY open the same ways..

Bunch of charts..DOnt mind my times on TV as I had my local time set for some of the charts..
What else. GJ EJ CJ Oil SPX charts I believe thats all.... Some showing current thinking some
showing some great setups...50% levels Market Mechanics Structure....repeating patterns
over and over and over every single day..

Thats the short version lol....

All thumbs
Blue
Hatchet job of a post hahaha..Dont know what the heck will pop up,,complete disorder happening..time for a quick break before I really ball
something up like a trade....

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The Best Loser Wins
 
5
  • Post #7,299
  • Quote
  • Mar 27, 2023 10:06pm Mar 27, 2023 10:06pm
  •  bluesteele
  • Joined Aug 2007 | Status: Member | 1,861 Posts | Online Now
Why o Why do I even watch the news?? Thats whats great about financial news (for the most part)
No violence or reality bs no political drama lol... Just leave me out of it all
Thank God these people were ok...Stunning video...

Inserted Video
The Best Loser Wins
 
3
  • Post #7,300
  • Quote
  • Mar 28, 2023 1:07am Mar 28, 2023 1:07am
  •  ZeroLag
  • | Joined Jun 2020 | Status: Member | 912 Posts
Quoting TimeTells
Disliked
{quote} Hi ZL, imho the Daily candle carries more weight for the daily blocks, while the 15m candles carry more weight for the 15m blocks, if you know what I mean. But we all know (that I'm certain) Steve Nison said after studying with the Japanese back in the day that the original candlestick reads they did were ONLY on the end of day candle. ie the DAILY candle itself. AND, Steve noted That the original Japanese candlestick readers put MORE weight on the combination of a few daily candles (ie not just the last one), But I haven't studied the Dailys...
Ignored
I guess I didn't consider that. Certainly the ability to analyze price on shorter time frames had to wait for more modern times. I am most certainly intrigued with combinations of candlesticks. It seems that on FF, its generally regarded as reading tea leaves. Which may very well be the case. Just looking at a few hourly charts to past the morning. Made an educated guess here, or did I ? Certainly I see the attractiveness to utilizing lower Tf's, as stops can be much, much smaller.
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Get the Lag out
 
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