{quote} Yes TT all candles required with or without BOJ jaw flapping. {image}
You would be a sitting Duck, with all the shenanigans, during Red News.
It never gets easier, you just get better
- #9,401
- Sep 24, 2023 6:54am Sep 24, 2023 6:54am
- Joined Aug 2006 | Status: Trader | 5,319 Posts
You would be a sitting Duck, with all the shenanigans, during Red News.
- #9,405
- Sep 25, 2023 4:23am Sep 25, 2023 4:23am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
{quote} That's certainly true, and specially for FOMC, CPI and NFP
25 Years Ago Today, Two Nobel Laureates Received A $3.6 Billion Bailout, Launching Too Big To Fail
https://www.forexfactory.com/news/12...eates-received
every Saint has a past. Every Sinner has a Future
- #9,406
- Sep 25, 2023 5:36am Sep 25, 2023 5:36am
- Joined Nov 2012 | Status: Naked Chart Samurai | 3,480 Posts
{quote} Remember" too Big To Fail?"
Inserted Video
Success = Practice + Patience + Persistence
- #9,408
- Sep 25, 2023 12:25pm Sep 25, 2023 12:25pm
- Joined Aug 2007 | Status: Trader | 3,215 Posts
Markets are Mirrors,,Mastery of craft is mastery of self
- #9,409
- Sep 26, 2023 1:02am Sep 26, 2023 1:02am
- Joined Dec 2018 | Status: Trader | 4,609 Posts
Franky just opened, Asia did its business, next session stages begin. Then off to NYork for those able to be awake 
.
.
Franky just opened, Asia did its business, next session stages begin. Then off to NYork for those able to be awake
- #9,412
- Sep 26, 2023 3:22am Sep 26, 2023 3:22am
- Joined Aug 2006 | Status: Trader | 5,319 Posts
Franky just opened, Asia did its business, next session stages begin. Then off to NYork for those able to be awake
The set-ups for LO are usually right into the first 30mins of Franky Open.
Edit:
Unusually the M5 chart for GJ looks clearer than the M15 for structure. Some clear BOS prior to Franky Open, Retest (twice) & Drop.
It never gets easier, you just get better
- #9,414
- Sep 26, 2023 9:42am Sep 26, 2023 9:42am
- Joined Aug 2007 | Status: Trader | 3,215 Posts
Here's a few charts showing the importance of OHLC not only the current days
but also previous days OHLC .... We all know previous highs and lows as most
traders use them...
But what about daily NY close ? And the NY equity Open ? If your not paying attention
to the Open and Close your missing 50% of the equation. O H L C
Why the NY close instead of the daily open.. The big Institutional money controls the NY close,,,Its all about the close..
The Daily open line...It just happens to be the rollover after the close...So it will closely coincide .
The largest volumes are at the Open and the Close period. So it makes sense to trade when the market is moving... This is just my opinion tho
and there are many traders who trade outside of the Open hours quite successfully...Im only relating How I see the markets.
So here's some charts that I hope are easier to understand than my words and hopefully
someone gets something from it .
All the Best !
Blue
Note Oil chart 3rd and 4th chart...First chart "The MATRIX" second chart shows trade on the
OUTSIDE of the Matrix...Sometimes the boundaries of where not to trade are crystal clear
other times not so much,,,But timing remains constant
Cheers
but also previous days OHLC .... We all know previous highs and lows as most
traders use them...
But what about daily NY close ? And the NY equity Open ? If your not paying attention
to the Open and Close your missing 50% of the equation. O H L C
Why the NY close instead of the daily open.. The big Institutional money controls the NY close,,,Its all about the close..
The Daily open line...It just happens to be the rollover after the close...So it will closely coincide .
The largest volumes are at the Open and the Close period. So it makes sense to trade when the market is moving... This is just my opinion tho
and there are many traders who trade outside of the Open hours quite successfully...Im only relating How I see the markets.So here's some charts that I hope are easier to understand than my words and hopefully
someone gets something from it .
All the Best !
Blue
Note Oil chart 3rd and 4th chart...First chart "The MATRIX" second chart shows trade on the
OUTSIDE of the Matrix...Sometimes the boundaries of where not to trade are crystal clear
other times not so much,,,But timing remains constant
Cheers Markets are Mirrors,,Mastery of craft is mastery of self
- #9,415
- Sep 26, 2023 10:26am Sep 26, 2023 10:26am
- Joined Aug 2006 | Status: Trader | 5,319 Posts
How GJ volatilty has been falling, should pick up in October maybe ?
It never gets easier, you just get better
- #9,416
- Edited 11:09am Sep 26, 2023 10:58am | Edited 11:09am
- Joined Aug 2006 | Status: Trader | 5,319 Posts
Are we in the decline between Sept - Oct ?
It never gets easier, you just get better
- #9,417
- Sep 26, 2023 12:35pm Sep 26, 2023 12:35pm
- Joined Aug 2006 | Status: Trader | 5,319 Posts
...Sometimes the boundaries of where not to trade are crystal clear other times not so much,,,But timing remains constant
Although there are also certain times of each day when "Re-Valuation" occurs and traders would adjust their positions.
It never gets easier, you just get better
- #9,418
- Sep 26, 2023 12:45pm Sep 26, 2023 12:45pm
- Joined Aug 2007 | Status: Trader | 3,215 Posts
{quote} NY Close is important, in that it is where markets close and some kind of balancing of books is done for each day/week/month. Although there are also certain times of each day when "Re-Valuation" occurs and traders would adjust their positions.
Funny I read your reply and I had an image pop in my mind of the following
Markets are Mirrors,,Mastery of craft is mastery of self
- #9,419
- Sep 27, 2023 6:49am Sep 27, 2023 6:49am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
every Saint has a past. Every Sinner has a Future
- #9,420
- Sep 27, 2023 9:52am Sep 27, 2023 9:52am
- Joined Aug 2006 | Status: Trader | 5,319 Posts
It never gets easier, you just get better