i like brexit
gu more more moving...
gu more more moving...
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DislikedI m just thankful that GU came back up and I got out of position that was almost 500pips in the red for a 10pips gain. I m staying out until the Brexit vote. I hope this post will be allowed, my first post did not. I m a newbie and trying to make my first post here 😂😂😂Ignored
And as said before, pit session went short to much below its value and just after that, it has been retraced by the new 06.22 overnight activity.
For today
the unfilled targets of yesterday remain possible, below and above. I added some new possible weak ref. developed yesterday during pit and today during current overnight activity (Sydney and Tokyo sessions)
above
far above
below
far below
Have a nice trading.
*The only serious short I made was late in the pit session, after the inside bar "H" . price went up, tested above the pit half back (the mid price of the session) went down again and breaked below the little balance of that period"H" At this point (vary very bad execution) I put a short only to follow those weak guys going down to complete the overnight liquidation. I was lucky and it got all the remaining targets below, as posted.
DislikedA little visual recap of yesterday activity. I hope a "clear" chart could provide a better perspective of what I thought. Yesterday overnight activity(06.21) has been retraced by us session(06.21). Then during the pit session, last trading activity went down below recent value and became "short in the hole". This imperfection, as immediately noted**, as been retraced right after by the upcoming new overnight activity(06.22). Please note: yesterday pit value is inside 06.20...Ignored
DislikedNicely done!{quote} Step one in representing your ideas in a visual manner is to display charts that are as clear of clutter as possible. Not only does this make it easier for the people reading the thread to understand, you will find that you can trade better because you're better able to discover price and circumstance that fit your trade methodology. This chart is a huge improvement and represents your "edge" or strategy very well. Nicely doneIgnored
Disliked{quote} ...CME MP Handbook page 4 "As you go through Parts I and II, however, keep in mind that you're going to expand what happens in a single session to 24-hour markets. This means that certain ideas-the initial balance (pit session) , for example- are going to become less important." {quote} And so does just about every other reference as well (open, high, low, close, etc.) No one said that you couldn't. " Overnight" from whose perspective? I just wanted to point out that "overnight" trading in a 24h FX market is relative to the time zone the...Ignored
DislikedIf we are not able to retrace the gap from above, then we could fill below the last part of the up gap of 06.20. If instead we fill the current gap down, up to 14055, then we could come back in yes GB range and start to rise inside it. But there is a lot of game in the markets and so Iwill not be impressed if we will see a fill of the current gap down only to see a rapid retracement to fill the old gap up from 06.20. Or vice-versa. Note that 14700 is round weak as gb high {image}Ignored
Disliked{quote} So, gap from above is retraced. 14700 taken out. Let's see if we can go further inside GB range or if we come back down to correct the last gap up from 06.20 (14672)Ignored
Disliked14681 still poor low, but supported by old gap. Let's see if it can go down, close the gap and go further to tokyo poor low. Or it the gap resists..Ignored
Disliked{quote} poor low at 14681 remooved. Gap from 06.20 closed. We are now tagging tokyo poor low at 14660Ignored
Disliked{quote} poor low at 14681 remooved. Gap from 06.20 closed. We are now tagging tokyo poor low at 14660Ignored