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  • #634,421
  • Apr 26, 2012 2:28pm Apr 26, 2012 2:28pm
Quoting Kambooj
Anybody interested in analysis of time and price. Here is something you can read:

http://www.forexfactory.com/showthre...29#post5613129
thank you that was very interesting.
have you had any results yet?
  • #634,422
  • Apr 26, 2012 2:29pm Apr 26, 2012 2:29pm
This is going to sound funny, i still cant get my sessions timing right.

Can someone tell me what time does Sydney and Tokyo start in eastern time/ EST?

Been searching through and get different timings so its confusing.
  • #634,423
  • Apr 26, 2012 2:30pm Apr 26, 2012 2:30pm
Quoting stevexyg
6th or 7th rejection of this level/zone in 2hrs.

But price is holding to the north of range zone so a break above is possible and if so could move quickly.
I've entered just beacuse it's a breakout but it's not exactly motoring. If it drops 3 pips I'm out.
  • #634,424
  • Apr 26, 2012 2:31pm Apr 26, 2012 2:31pm
long is still on to finish wave B to the upside which is taking the shape of a zigzag with subwave b is a traingle a thrust out of the traingle is expected but this could go all the way to 133.45 selling there against 134.25 is my sort of trade
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  • #634,425
  • Apr 26, 2012 2:34pm Apr 26, 2012 2:34pm
Played around with some old points, and it gives a good approximation of time, better than the polygon.

Then for price you just use trendline touch points around the same area.

Collected just about 50 pips today on 7 trades on the M5 and M1 time frame using just the timing factor, then when price gets close to the time, you use trendlines and (or) indicators.

But I feel confident enough to use it for time.

The thing that I love about it, is that it gives a sense of comfort, when you know time is about to expire on a move. So wild moves around the time slot does not bother me as much as they did before.



Quoting pips-scout
thank you that was very interesting.
have you had any results yet?
  • #634,426
  • Apr 26, 2012 2:35pm Apr 26, 2012 2:35pm
Quoting Leftie
This is going to sound funny, i still cant get my sessions timing right.

Can someone tell me what time does Sydney and Tokyo start in eastern time/ EST?

Been searching through and get different timings so its confusing.
download currency strenght meter it has the widget that shows which market its open and the news that are upcoming with expectation and all.
nice little widget.
on recommendation from pipnaja
  • #634,427
  • Apr 26, 2012 2:38pm Apr 26, 2012 2:38pm
Quoting Kambooj
Played around with some old points, and it gives a good approximation of time, better than the polygon.

Then for price you just use trendline touch points around the same area.

Collected just about 50 pips today on 7 trades on the M5 and M1 time frame using just the timing factor, then when price gets close to the time, you use trendlines and (or) indicators.

But I feel confident enough to use it for time.
very interesting I like how it fits with the time that the movement happened in your pic.
the question is did you fit the circles after the move had taken place?
  • #634,428
  • Apr 26, 2012 2:38pm Apr 26, 2012 2:38pm
Quoting Leftie
This is going to sound funny, i still cant get my sessions timing right.

Can someone tell me what time does Sydney and Tokyo start in eastern time/ EST?

Been searching through and get different timings so its confusing.
Check the main page of Forex Factory, there you will see at the bottom real time opening and closing of the exchanges as you refresh the page.
  • #634,429
  • Apr 26, 2012 2:40pm Apr 26, 2012 2:40pm
Eur/usd @ 1.3239

divergence all over the 4hr
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  • #634,430
  • Apr 26, 2012 2:44pm Apr 26, 2012 2:44pm
Quoting Petiedawgs
Check the main page of Forex Factory, there you will see at the bottom real time opening and closing of the exchanges as you refresh the page.
I did and FF states Sydney opens at 1700EST, and 2000EST for Tokyo.

Whereas other sites such as forex.timezoneconverter.com Sydney-1800EST and Tokyo-1900EST
Not sure which is right.

@Pip-Scout
Ok, will do a search for it.
Thanks
  • #634,431
  • Apr 26, 2012 2:47pm Apr 26, 2012 2:47pm
Quoting deanoracer
Eur/usd @ 1.3239

divergence all over the 4hr
Next slide should be deep.
  • #634,432
  • Apr 26, 2012 2:51pm Apr 26, 2012 2:51pm
As you can see the 2 examples in the post are time projections that havent happened yet,

but for experimentation you can take the secondary circle and put it on time slots with proper radius and they fit very well in giving future time.

You can pick any chart, and test it.

You fit the circles before the move takes place.

Quoting pips-scout
very interesting I like how it fits with the time that the movement happened in your pic.
the question is did you fit the circles after the move had taken place?
  • #634,433
  • Apr 26, 2012 2:56pm Apr 26, 2012 2:56pm
Out, can't see it going anywhere but down now.
  • #634,434
  • Apr 26, 2012 2:59pm Apr 26, 2012 2:59pm
Quoting Kambooj
As you can see the 2 examples in the post are time projections that havent happened yet,

but for experimentation you can take the secondary circle and put it on time slots with proper radius and they fit very well in giving future time.

You can pick any chart, and test it.

You fit the circles before the move takes place.
Will play with it for sure. thanks for sharing.
  • #634,435
  • Apr 26, 2012 3:02pm Apr 26, 2012 3:02pm
Might be time to start building shorts for middle of next week. Any rallies can be sold unless game changing news comes out.
  • #634,436
  • Apr 26, 2012 3:02pm Apr 26, 2012 3:02pm
Thats right,
I am finding a lot of time overlaps at where we are now. Since yesterday I was expecting the move down, but give or take 24 more hours, I suspect something will happen. I dont think we would go much higher than where we are now.

Quoting stevexyg
Out, can't see it going anywhere but down now.
  • #634,437
  • Apr 26, 2012 3:04pm Apr 26, 2012 3:04pm
Quoting Kambooj
As you can see the 2 examples in the post are time projections that havent happened yet,

but for experimentation you can take the secondary circle and put it on time slots with proper radius and they fit very well in giving future time.

You can pick any chart, and test it.

You fit the circles before the move takes place.
thank you very much for sharing and i m really sorry if this is a silly question but how would you draw a circle on mt4 as i ve never done a circle before
  • #634,438
  • Apr 26, 2012 3:12pm Apr 26, 2012 3:12pm
Quoting Leftie
I did and FF states Sydney opens at 1700EST, and 2000EST for Tokyo.

Whereas other sites such as forex.timezoneconverter.com Sydney-1800EST and Tokyo-1900EST
Not sure which is right.

@Pip-Scout
Ok, will do a search for it.
Thanks

http://www.wikinvest.com/wiki/List_of_Stock_Exchanges


This is a good start. I had this conversation wtih Twee before. FF reports what the retail brokers consider the "opens", proper traders are only interested in when you can see an influx of money coming into the market and that happens when the Stock exchanges open, so the above link should be a good start for you.

Don't go using forex "opens", there is no such thing, use the exchanges, that's when the big boys show up with their cash and that's what you are interested in. Buying equities and ETF means flow of cash, that affects the currency market and that's what you want to know and use.

IN the case of NY and London, the currency desks, pretty much stick to the local opens also, so LSE and NYSE are key. Just think about it, why would they open an entire bank so just the currency desk can go to work, they'll all open at the same time and that's the exchange open, that's when the cashflow starts.

Every floor/desk I have ever worked on, we always used NYSE and LSE.
  • #634,439
  • Apr 26, 2012 3:14pm Apr 26, 2012 3:14pm
Check pictures on first page:

http://www.forexfactory.com/showthread.php?t=297637

basically you modify the fib circle tool.


Quoting nawafasad1
thank you very much for sharing and i m really sorry if this is a silly question but how would you draw a circle on mt4 as i ve never done a circle before
  • #634,440
  • Apr 26, 2012 3:21pm Apr 26, 2012 3:21pm
Is this going to be the 3rd day with the same roll, we are close.....
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