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Flying Dutchman

  • #7,941
  • May 2, 2023 10:00am May 2, 2023 10:00am
Quoting turnip15
{quote} This refers to the 5 minute bar only ?
8ema channel ? 5m bar yes
entries ? mostly 1m today
Probabilities Timed based not bar.. First 60 mins or 90 mins...same concept but the 18 bars is higher prob
BUT i have switched ti the 1 hr box 930-1030 NY OPen... as research tells me the market evolves from that time period
in other words ALGOs are firing off on the parameters of the High Low Open and Midpoint of that 1st hour

So I get better entries and targets using the 1hr box if that makes sense...
Master your Mind,,,Master the Market
  • #7,942
  • May 2, 2023 10:02am May 2, 2023 10:02am
Quoting bluesteele
Incredible day today ! Remember the market trends from the open 20% of the days So normally at least one day of the week. Entries as Clear and Bright as the Sun to short at the open on 1m charts US 30 SPX Can you ride and hang on to the 8ema channel ? Or as in today just take a big slice of the pie. OIL and GOLD Entries Pre open Gotta fly Remember Probabilities off the Open Bar 1 Bar 2 Bar ....etc Setting the high or low of the day...BY Bar 18 90% prob H/L has been set,, 20% of days are trending days right off the open....and MOST...
Golly - I should have hung on and used the channel to govern an exit. But couldn't resist taking that big slice. Don't tell Laura I jumped ship too early
every Saint has a past. Every Sinner has a Future
  • #7,943
  • May 2, 2023 10:06am May 2, 2023 10:06am
Quoting bluesteele
{quote} 8ema channel ? 5m bar yes entries ? mostly 1m today Probabilities Timed based not bar.. First 60 mins or 90 mins...same concept but the 18 bars is higher prob BUT i have switched ti the 1 hr box 930-1030 NY OPen... as research tells me the market evolves from that time period in other words ALGOs are firing off on the parameters of the High Low Open and Midpoint of that 1st hour So I get better entries and targets using the 1hr box if that makes sense...
Hopefully that's 2:30pm UK time
Attached Image (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #7,944
  • May 2, 2023 10:06am May 2, 2023 10:06am
Quoting turnip15
{quote} Golly - I should have hung on and used the channel to govern an exit. But couldn't resist taking that big slice. Don't tell Laura I jumped ship too early
I have taken Big slices out of all at first target 127 Fib...and closed the terminal ..as Mark said may keep on running
I have no idea right now price could ride that 8 most of the day....
(RoadMap) entries with Timing etc,,
Master your Mind,,,Master the Market
  • #7,945
  • May 2, 2023 10:08am May 2, 2023 10:08am
Quoting turnip15
{quote} Hopefully that's 2:30pm UK time
Use Trading View and set your charts to UTC-4 NYT cross reference with your UK time and your set.
Master your Mind,,,Master the Market
  • #7,946
  • May 2, 2023 10:11am May 2, 2023 10:11am
Quoting bluesteele
{quote} I have taken Big slices out of all at first target 127 Fib...and closed the terminal ..as Mark said may keep on running I have no idea right now price could ride that 8 most of the day....
I think it has reached the bottom - at least for now.
Mark ... Everything you have been told is a LIE
  • #7,947
  • May 2, 2023 10:16am May 2, 2023 10:16am
Quoting turnip15
{quote} Hopefully that's 2:30pm UK time {image}
The box is nothing more than an added "framework". I use that word often. Framework.

As Kev says, entries are based on time mostly. There are certain spots where movement is more likely to occur. This holds true for currencies, equities, gold, oil you name it they all work similar. Why?

Because it is the same Big Dawgs that move the market in all the above. And they tend to be creatures of habit. This is because it has become rather easy to trick people into looking the wrong way.
Mark ... Everything you have been told is a LIE
  • #7,948
  • May 2, 2023 11:11am May 2, 2023 11:11am
For those who know who he is... Tom Hougaard..
He's a phenomenal trader very transparent and has an abundance of very useful resources and educational material...

He has a new telegram Channel strictly for resources.. much more efficient than digging through his other telegram channels and looking through the files and searching etc..

Here's the link

https://t.me/+pE7iNRn7iSo4ZTA0

He is publishing his advanced school run strategy in the next day or so.. I was thinking of you Turnip.. as the school run strategy is just a time-based breakout of the London open so the advanced will be some twist of that I'm sure...

Nevertheless a lot of great resources from a guy who's been there done it and has immensely helped me level up my trading in the last 2 years or so..

Cheers
Blue

I must also say that for example the school runs strategy he has done the research and has the data to back up the performance of that method... That's the one thing about Tom whatever he says he backs it up with a lot of data...
Master your Mind,,,Master the Market
  • #7,949
  • Edited 11:52am May 2, 2023 11:34am | Edited 11:52am
Quoting bluesteele
For those who know who he is... Tom Hougaard.. He's a phenomenal trader very transparent and has an abundance of very useful resources and educational material... He has a new telegram Channel strictly for resources.. much more efficient than digging through his other telegram channels and looking through the files and searching etc.. Here's the link https://t.me/+pE7iNRn7iSo4ZTA0 He is publishing his advanced school run strategy in the next day or so.. I was thinking of you Turnip.. as the school run strategy is just a time-based breakout...
Yes -his site is a goldmine.And he is a great researcher and it's free.Will also take a look at that link. Many thanks
Edit: And I can get it on my iMac
every Saint has a past. Every Sinner has a Future
  • #7,950
  • May 2, 2023 3:05pm May 2, 2023 3:05pm
Inserted Video

Tom Hougaard
without patience how can you be a trader?
  • #7,951
  • May 2, 2023 5:10pm May 2, 2023 5:10pm
It's a Bank Holiday in Japan today.

Will Asia be quiet,
or will there be Monkey Business,
We shall see


Here's the fibo retrace from the New Gov at the BoJ's speech last Friday.

.
Attached Image (click to enlarge)
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  • #7,952
  • May 2, 2023 7:20pm May 2, 2023 7:20pm
Quoting TimeTells
It's a Bank Holiday in Japan today. Will Asia be quiet, or will there be Monkey Business, We shall see Here's the fibo retrace from the New Gov at the BoJ's speech last Friday. . {image}
Slow is the winner.
Mark ... Everything you have been told is a LIE
  • #7,953
  • May 2, 2023 7:23pm May 2, 2023 7:23pm
Quoting TimeTells
It's a Bank Holiday in Japan today. Will Asia be quiet, or will there be Monkey Business, We shall see Here's the fibo retrace from the New Gov at the BoJ's speech last Friday. . {image}
Keeping the Holiday in mind, they worked a fair bit of overtime in the last NY session ( avg 200+ pips drop across the JPY pairs), I guess.
Success = Practice + Patience + Persistence
  • #7,954
  • May 2, 2023 7:40pm May 2, 2023 7:40pm
Quoting fxpider
{quote}
Keeping the Holiday in mind, they worked a fair bit of overtime in the last NY session ( avg 200+ pips drop across the JPY pairs), I guess.

Yep fxp, that was definately where the larger action was for sure yesterday.
Frankie closes 2hrs after the NY Open then London closes an hour later again, so after that the US crew seemingly do what they please lol
And asia pick up the pieces the next morning
  • #7,955
  • May 2, 2023 7:49pm May 2, 2023 7:49pm
Food for thought,,,,,

Uber has no cars.
Airbnb has no real estate.
Regional banks have no money.

This is the new economy......
Master your Mind,,,Master the Market
  • #7,956
  • May 2, 2023 8:08pm May 2, 2023 8:08pm
Quoting bluesteele
Food for thought,,,,, Uber has no cars. Airbnb has no real estate. Regional banks have no money. This is the new economy......
it is mind-blowing to an old guy like me, and the whole Crypto thing
without patience how can you be a trader?
  • #7,957
  • Edited 8:56pm May 2, 2023 8:45pm | Edited 8:56pm
Quoting TimeTells
It's a Bank Holiday in Japan today. Will Asia be quiet, or will there be Monkey Business, We shall see Here's the fibo retrace from the New Gov at the BoJ's speech last Friday. . {image}
gj asian session
Attached Image (click to enlarge)
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ITB - Seeing Orderliness amongst 'Randomness'
  • #7,958
  • May 2, 2023 8:47pm May 2, 2023 8:47pm
Hi All, First trade for me this week. Only one i could see clearly..lol. Notes on the chart. Trade well all.
Attached Image (click to enlarge)
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  • #7,959
  • May 2, 2023 8:48pm May 2, 2023 8:48pm
Quoting Steverino832
{quote} it is mind-blowing to an old guy like me, and the whole Crypto thing
I hear ya Steve ! I will stick to the tangibles
Master your Mind,,,Master the Market
  • #7,960
  • May 2, 2023 8:55pm May 2, 2023 8:55pm
Quoting whitesta
Hi All, First trade for me this week. Only one i could see clearly..lol. Notes on the chart. Trade well all. {image}

Monkey Business Time, yes that's what we needed
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