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  • #4,021
  • Dec 10, 2015 7:24am Dec 10, 2015 7:24am
Quoting DavidRP
{quote} May I ask how many periods do you use for your averages?
hi David

i use monthly,weekly,daily,4 hour,1 hour and 15 min.in contained ranges i use 1 min.i recalculate the lower time frames when a cycle has completed or a lead candle breaks range
  • #4,022
  • Dec 10, 2015 7:26am Dec 10, 2015 7:26am
Quoting diceman555
continued veiw of my levels from monday. conclusion of 4 hour cycle,from average to low to high ,on 4 hour candle close i will recalculate that cycle ,15 and one hour also to recalculate from the lead candles at the 4 hour s high candles the daily average is my next level of interest which should coincide with newyork kicking in {image}
been watching this pair for a few days waiting for the right opportunity to enter and this is what happened - sell order which was placed 12 hours ago, missed by 0.0x pips!! just unbelievable.
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As Above, So Below
  • #4,023
  • Dec 10, 2015 7:33am Dec 10, 2015 7:33am
Quoting tashkent
{quote} been watching this pair for a few days waiting for the right opportunity to enter and this is what happened - sell order which was placed 12 hours ago, missed by 0.0x pips!! just unbelievable. {image}
sorry to hear that,

maybe i had your luck,my long yesterday remained active and went on to capture me 45 pips after i had moved my stop tp b/e ,price came within 0.2 pips from stopping me out.a little luck goes a long way.....................
  • #4,024
  • Dec 10, 2015 10:54am Dec 10, 2015 10:54am
revised levels
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  • #4,025
  • Dec 14, 2015 10:34am Dec 14, 2015 10:34am
short on cable at 41 ,stop at b/e
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  • #4,026
  • Dec 14, 2015 11:01am Dec 14, 2015 11:01am
closing at 29 ,taking 10 pips offered .shift in values,to positive
  • #4,027
  • Edited 1:42pm Dec 14, 2015 11:23am | Edited 1:42pm
and this was the result of a shift in values to positive,18 quick pips up .i was not on-board but to just read the shift from long ,re tracement on the short and shift back to the long
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  • #4,028
  • Dec 16, 2015 6:40am Dec 16, 2015 6:40am
here are my revised levels of interest.
daily blue
weekly red
4 hour yellow
1 hour green
monthly black
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  • #4,029
  • Dec 16, 2015 7:09am Dec 16, 2015 7:09am
my working chart,will look for spikes taking out and bringing on positions
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  • #4,030
  • Dec 16, 2015 1:48pm Dec 16, 2015 1:48pm
looking to add to long on cable at these levels if price peirces up and holds above 4 hour,failing that will take the do
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  • #4,031
  • Dec 16, 2015 10:41pm Dec 16, 2015 10:41pm
Hello diceman
What are those gaps you sometimes talks about in the thread ???
Are they what others in FF call hidden gaps ? thanks.
  • #4,032
  • Dec 17, 2015 1:45am Dec 17, 2015 1:45am
Quoting metta87
Hello diceman What are those gaps you sometimes talks about in the thread ??? Are they what others in FF call hidden gaps ? thanks.
hi metta,

yes i would presume they may be referred by others as hidden gaps, again its a presumption you would need to confirm with those who have suggested them .

for me they are the areas were the interest is less,and i would expect less liquidity .as in many of my posted trades you can see i look to enter the market in areas were the levels have converged.the spaces in between price,price often travels through less hindered (trends )infact to confirm this you can see within the bid and ask quotes often gap as price declines or rises within this phase.after all price is being moved around in search of matching liquidity.if you can determine the areas were orders are sitting you have slight advantage.but remember this is happening on a multitude of levels.that's why i look for convergence of time and price.hope that makes some sense to you.

also take into consideration this is my perspective and view point and my terminology is likewise.
  • #4,033
  • Dec 17, 2015 2:06am Dec 17, 2015 2:06am
yesterdays interest release is a good example of this .post 4029 i posted a chart i was working from yesterday stating i was looking to trade the positions.

if we look at the chart after the event ,you can see the gaps due to lack of liquidity albeit highlighted by big news but none the less illustrates this well,look how price pirces 50 pips down to the 15 min s low,comes back to the consolidated areas and bang gaps up to the 15 min s high .if i was cynical i would say manipulated .if im not then price travelled to the orders the liquidity.basically it cleared the board like a hoover.
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  • #4,034
  • Dec 17, 2015 3:31am Dec 17, 2015 3:31am
continued ,i hav not changed any levels of interest whilst rice is contained within this band width

i will now calculate from that lead 15 min candle ,and scale down to 1 min,the 15 min lead candle average will be a reference point for me
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  • #4,035
  • Dec 17, 2015 4:09am Dec 17, 2015 4:09am
here is the 15 min averaged,i know take the value of related pairs and look for the flows in and out from this reference point .noting i already have the extremes from london open.my entries are based from these locations using that information
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  • #4,036
  • Dec 17, 2015 2:39pm Dec 17, 2015 2:39pm
Quoting diceman555
{quote} hi metta, yes i would presume they may be referred by others as hidden gaps, again its a presumption you would need to confirm with those who have suggested them . for me they are the areas were the interest is less,and i would expect less liquidity .as in many of my posted trades you can see i look to enter the market in areas were the levels have converged.the spaces in between price,price often travels through less hindered (trends )infact to confirm this you can see within the bid and ask quotes often gap as price declines or rises within...
Ok thanks for the details diceman . Do you know if there Are there books or sites that talk about those kind of gaps ?cause Id like to know more on it but its not too easy to find online.
  • #4,037
  • Dec 18, 2015 3:30am Dec 18, 2015 3:30am
Quoting metta87
{quote} Ok thanks for the details diceman . Do you know if there Are there books or sites that talk about those kind of gaps ?cause Id like to know more on it but its not too easy to find online.
i have not found much on this topic and may well be under a different terminology,but like most things related to forex ,the information that's freely available seems to be missing something.
  • #4,038
  • Dec 20, 2015 12:28pm Dec 20, 2015 12:28pm
Quoting diceman555
{quote} i have not found much on this topic and may well be under a different terminology,but like most things related to forex ,the information that's freely available seems to be missing something.
Yeah thats the conclusion i came to myself. Thanks nonetheless.
  • #4,039
  • Jan 2, 2016 6:22am Jan 2, 2016 6:22am
levels heading into new trading year,the key for me was the weekly s low 14825 being taken out,which is the new wkly averaged converged with multi t/f.so that price region is paramount for me.a retest of 14779 area and continue down to the projected lows at at 14530 to 70 region ,last years lows and a converged forecast area from multiple t/f.

if price bounces up it needs to hold above 14779 and then 14825 for me to confirm some kind of bullish strength

same colour codes
m black
wkly red
daily blue
4 hour yellow
1 hour green

small t/f during trading
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  • #4,040
  • Jan 2, 2016 6:27am Jan 2, 2016 6:27am
full chart with converged lower s lows
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