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Flying Dutchman

  • #7,821
  • Apr 27, 2023 1:38am Apr 27, 2023 1:38am
So.. using normal trade channel some nice trades. But interested in what happens now hourly box is formed. Can see no bias.
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every Saint has a past. Every Sinner has a Future
  • #7,822
  • Apr 27, 2023 1:52am Apr 27, 2023 1:52am
Quoting turnip15
So.. using normal trade channel some nice trades. But interested in what happens now hourly box is formed. Can see no bias. {image}
Waiting for an hour, is a bit too long IMHO


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It never gets easier, you just get better
  • #7,823
  • Apr 27, 2023 2:44am Apr 27, 2023 2:44am
Was a long wait for me today. Somehow didn't see a setup in Asia session. Only trade for today just awhile ago. Notes on the Chart. Trade well All.
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  • #7,824
  • Apr 27, 2023 3:32am Apr 27, 2023 3:32am
Quoting Shabs19
{quote} Waiting for an hour, is a bit too long IMHO {image}
Yes - I will bear that in mind going forward with my research. The real trading is done via my long standing channel approach ( Laura's Roadmap thread) plus levels and numbers. Maybe hour box is more applicable to forex ?

EDIT: maybe a big difference , compared to many here, is that my session at the screen is two hours from the open then I quit. But crucial are my pre open ritual of drawing horizontals/levels and noting brn's
every Saint has a past. Every Sinner has a Future
  • #7,825
  • Apr 27, 2023 3:45am Apr 27, 2023 3:45am
Long EURPLN
Target: Last Week Thursday High
  • #7,826
  • Apr 27, 2023 4:01am Apr 27, 2023 4:01am
Test
Demo again on E/J with hour box and Fib
Bounce off 50% Fib ( red Apple) ?
Saving these Pics for comparison going forward looking for repeats
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every Saint has a past. Every Sinner has a Future
  • #7,827
  • Apr 27, 2023 4:15am Apr 27, 2023 4:15am
EURJPY target is yesterday's low
  • #7,828
  • Apr 27, 2023 5:04am Apr 27, 2023 5:04am
Quoting turnip15
{quote} Yes - I will bear that in mind going forward with my research. The real trading is done via my long standing channel approach ( Laura's Roadmap thread) plus levels and numbers. Maybe hour box is more applicable to forex ? EDIT: maybe a big difference , compared to many here, is that my session at the screen is two hours from the open then I quit. But crucial are my pre open ritual of drawing horizontals/levels and noting brn's
Maybe the hour box between Franky & London Opens. That's been the usual London Breakout strategy.

Short & Long either side of this box ?
It never gets easier, you just get better
  • #7,829
  • Apr 27, 2023 5:13am Apr 27, 2023 5:13am
Quoting Shabs19
{quote} Maybe the hour box between Franky & London Opens. That's been the usual London Breakout strategy. Short & Long either side of this box ?
Yes -will look into that. Either side could also be interesting especially for ten pip pops which would do me okay as scalps.
every Saint has a past. Every Sinner has a Future
  • #7,830
  • Apr 27, 2023 5:51am Apr 27, 2023 5:51am
Yesterday is BOJ news
Looks like it will take EJ low and then go for UJ Tuesday High
So we have V for tomorrow
  • #7,831
  • Apr 27, 2023 6:05am Apr 27, 2023 6:05am
Quoting Shabs19
{quote} Maybe the hour box between Franky & London Opens. That's been the usual London Breakout strategy. Short & Long either side of this box ?
I shifted the hourly box back to Frankie Open. Look at the resulting long off the bottom at start of UK Open
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every Saint has a past. Every Sinner has a Future
  • #7,832
  • Apr 27, 2023 6:07am Apr 27, 2023 6:07am
Quoting turnip15
{quote} Yes -will look into that. Either side could also be interesting especially for ten pip pops which would do me okay as scalps.
What tends to happen is the Franky Open follows the trend direction, Then London Open takes it the other direction to kill stops

then continues back in the previous direction.

For New York Session, I would draw a box between 2 no. 15m candles 13:00 & 13:15 candles. AS most US News hits @13:30 you wait until the News is realeased and enter 13:45 onwards.
It never gets easier, you just get better
  • #7,833
  • Apr 27, 2023 6:08am Apr 27, 2023 6:08am
EURJPY Good Support Around 147.200. Check Blog For Latest Updates On EURJPY And USDCAD.
https://stockmarketdailycharts.blogs.../currency.html
  • #7,834
  • Apr 27, 2023 6:19am Apr 27, 2023 6:19am
Quoting Ihlas
Yesterday is BOJ news Looks like it will take EJ low and then go for UJ Tuesday High So we have V for tomorrow
It's already near the target [Tuesday High]

EG down move confirmed 0.87600, first down, then again up
  • #7,835
  • Apr 27, 2023 8:34am Apr 27, 2023 8:34am
Quoting Shabs19
{quote} What tends to happen is the Franky Open follows the trend direction, Then London Open takes it the other direction to kill stops then continues back in the previous direction. For New York Session, I would draw a box between 2 no. 15m candles 13:00 & 13:15 candles. AS most US News hits @13:30 you wait until the News is realeased and enter 13:45 onwards.
Didn't see this till later.
But drew in sp500 box 2:30pm UK time to 3:30pm UK time ( USA Open.)
Usual Roadmap and levels trade, but having drawn the box for sampling I thought it gave one trade at ( ? ) on box principle of entry ( Ignore Roadmap trades)

Price also liked the Hourly boxes 50% Fib and bounced long.
Interesting times ?

Comment welcome
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every Saint has a past. Every Sinner has a Future
  • #7,836
  • Apr 27, 2023 8:42am Apr 27, 2023 8:42am
Done and dusted on oil... A few trades off the 50% line for a quick 30 pips on multiple trades. ..
Notice the time it's set up right on the half hour mark..

Cheers
Blue
Master your Mind,,,Master the Market
  • #7,837
  • Apr 27, 2023 8:44am Apr 27, 2023 8:44am
Quoting turnip15
{quote} Didn't see this till later. But drew in sp500 box 2:30pm UK time to 3:30pm UK time ( USA Open.) Usual Roadmap and levels trade, but having drawn the box for sampling I thought it gave one trade at ( ? ) on box principle of entry ( Ignore Roadmap trades) Price also liked the Hourly boxes 50% Fib and bounced long. Interesting times ? Comment welcome {image}
Try the box covering 2 no. 15m candles (High to Low) 13:00 & 13:15 but ignore the News Candle 13:30

You are missing the main moves by waiting till 14:30
It never gets easier, you just get better
  • #7,838
  • Apr 27, 2023 8:55am Apr 27, 2023 8:55am
Quoting Shabs19
{quote} Try the box covering 2 no. 15m candles (High to Low) 13:00 & 13:15 but ignore the News Candle 13:30 You are missing the main moves by waiting till 14:30
Tom Hougaard uses the first two 15 minute candles of the London session with a little bit of a buffer on either side.. sort of like you referred to Shabs just saw briefly in another post above about the old London open strategy..

But anyways Tom uses that or his strategy the two 15 minute candles quite successfully.. he calls it the school run strategy..

Many ways to skin the proverbial Kitty so to speak..
I must say when he first published that strategy on his Telegram I back tested it at London even though I don't trade that time and he uses it on mostly the dax and the footsie.. but you can catch some really good trades but it just requires good money management as well....

Cheers
Blue
Master your Mind,,,Master the Market
  • #7,839
  • Apr 27, 2023 9:03am Apr 27, 2023 9:03am
Quoting bluesteele
{quote} Tom Hougaard uses the first two 15 minute candles of the London session with a little bit of a buffer on either side.. sort of like you referred to Shabs just saw briefly in another post above about the old London open strategy.. But anyways Tom uses that or his strategy the two 15 minute candles quite successfully.. he calls it the school run strategy.. Many ways to skin the proverbial Kitty so to speak.. I must say when he first published that strategy on his Telegram I back tested it at London even though I don't trade that time and he...
The boxes are mainly to give structrure to the rest of the session. Setting potential session H/L. Timings are a different thing that can also be used within the FHB method. The timings themselves tend to general with certain, shall I say "zones", where you could make entries if the context of PA and whatever you use agrees.

In the end it becomes what you deem is appropriate for you.
Mark ... Everything you have been told is a LIE
  • #7,840
  • Apr 27, 2023 9:09am Apr 27, 2023 9:09am
Quoting bluesteele
{quote} Tom Hougaard uses the first two 15 minute candles of the London session with a little bit of a buffer on either side.. sort of like you referred to Shabs just saw briefly in another post above about the old London open strategy.. But anyways Tom uses that or his strategy the two 15 minute candles quite successfully.. he calls it the school run strategy.. Many ways to skin the proverbial Kitty so to speak.. I must say when he first published that strategy on his Telegram I back tested it at London even though I don't trade that time and he...
I am a little puzzled. No - down right confused.
The hourly Box - I thought was from the 8am UK Open and afternoon 2:30pm ( UK Time) for the USA open.
But I am willing to experiment.
every Saint has a past. Every Sinner has a Future
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