Flying Dutchman

Quoting spzd

Disliked

I say choose your poison ... UJ - GJ - EJ ... {image}

Ignored

Quoting Inthebox

Disliked

{quote} gj long {image}

Ignored

Quoting whitesta

Disliked

Continuing from my last post...as i had mentioned that at times i do see setups early but don't place a trade cos it is not at the right time or around RNs or a retest. GBP/JPY had set a High for atleast OZ session just before Tokyo Open. Price broke 170.75 with a decent size candle, then rejected the yearly R1 Pivot forming a LH. 3 confluences in itself. As i said that i did not place a trade but was quite confident it would atleast hit the 200ma. For scalpers thats 5 to 10 pips gain. It is now looking for the Low. There are targets...

Ignored

Quoting bluesteele

Disliked

Box High Low 50% RoadMap 200MA 8EMA H/L --------------------------------- 5m Close outside box Double Top at 50% at 200MA 8EMA channel below 200MA Reversal Candle Closes Enter short Target BoxLow 15pips Cheers Blue {image}

Ignored

Quoting spzd

Disliked

{quote} Different time boxes same spots ... {image}

Ignored

Quoting TimeTells

Disliked

GBPJPY A curiosity, coincidence or well organised price movement? The High of the day (so far?) in Asia was earlier at chart time 2:52 and was pretty much right on the Month Open Line back on the 1st day of May . (But hey what's a horizontal line, here & there, on a chart between friends ). I love it when stuff like that happens , it makes the whole thing we do more understandable, imho

Ignored

Quoting fxpider

Disliked

{quote} GA trade as per the analysis. {image}

Ignored

Quoting Inthebox

Disliked

{quote} gj long {image}

Ignored

Quoting fxpider

Disliked

{quote} GJ seems bullish, however, when they triggered the PDH b4 the ASIA OPEN, I sat on my hand.

Ignored

Quoting Lou

Disliked

UCHF 5m Red diagonal from Asia Session May 8 open to bar count 18 (coinciding with RN 0.8900.) Blue oval is price retracing to 50 line . Orange is breakout bar from the box. You can see desired TP 178 has been hit. Question .. In the future should I be trading off of the 50 line bar close or off of the box breakout bar close? {image}

Ignored

Quoting Inthebox

Disliked

{quote} You can now take your time as you had the ga profit today to cushion some trades.

Ignored

Quoting fxpider

Disliked

{quote} As per the discussion and posts over the last few days, the trade should be taken off the 50% (min) line ONLY after the BO of the BOX is confirmed by a close. In your above chart, there was no retracement to the 50% of the box after the BO.

Ignored

Quoting Lou

Disliked

{quote} Ahhh Haaaa (OK.. a flashlight, not a lightbulb). I thought I got this but now ... Still confusion. If the Box we want to draw will be 12 candles (per the % from earlier), and we start at the Asian Open, we wait 12 candles, adjusting the width of the box to it's widest range as the candles print. We won't know the actual box width until after the 12th candle. So there can't be a breakout prior to the 12th candle. At the 12th candle the box is formed. So let's say ..Then a 5m candle closes outside of the box. Don't we enter a...

Ignored

Quoting fxpider

Disliked

{quote} Froggy! Froggy! Froggy!! Keep it simple, my man. Wait for your preferred number of candles (12/18/whatever) to close. Draw a fib box, from the extreme HIGH to the extreme LOW of those candles Wait for a subsequent candle (13th candle onwards, if your box is 12 candle box) to close outside of the box. (no close no trade) Then wait for the price to retrace to 50% to 70% Switch to 1M to refine your entry of the 50% or 70% line. TP 1 ---> extreme of the box TP 2 ---> 127% TP 3 ---> 162% Cheers

Ignored