How to predict markets, Catch the moves at value

EJ stuck between S1 and PP.
Trading the highest/lowest open there would have netted pips.
I see $$$

Does this look correct?

Yes, your chart and understanding I cant fault it.

Indis

Indis

Well, it's a great system Dennis, just one question, why you choose UJ instead of other pair ?

Got this one as well, closed at the p for 23pips

(But also with UJ my main concern is primarily (BOE,BOJ,ECB,FED) simplyfies research to some degree.


Very good question, and a very silly answer, I posted this before on another thread.

1. Sep 10, 9:17pm (38 hr ago) | Edited Sep 10, 9:39pm

1. http://assets.forexfactory.net/nfs/c...ar485729_1.gif Dennis1468
2. New Member | Status: Member | 343 Posts | Online Now

Quoting v2vboni
{quote} Yes, just like what happened with me on USDCAD wherein I successfully gained pips on the initial fade, and then I continued to press on during Labor day 'till next day Tuesday, end of the day. One guy even told me that I will be eaten up by those Sharks. Thankfully, I was not, as the Sharks have extended labor day vacation. Thus, I end up more green pips that I do not normally get in just one instrument

Yes nice one. You know on Yen I been trading it since 2006, I seen the cycle 124 79 124 79 124 79 3 or 4 times

I did have a trade way back in the early 2000's,during a massive reaction on NFP. 60 pips up 1 lot then in a few minutes 55 pips down. but Stayed at 55 - negative........................... . As a idiot after 20 minutes I thought this is odd stuck at 55 - . So yea I then realized I lost my feed. When i got the MT3 or 4 which I used back then, got it working I was minus 160 pips. Well I went to bed with no real clue what do do next. Dirt did not get any better and all my fiddling just made things worse over the preceding 2 months so at the point I unlocked any hedges and left it open at the mercy of the market. (-$4000 at that point and walked away)

My mind told me forget about it, find alternative income to survive and I did find.

You know that damn thing came back in profit when I checked it in 2006. Traded Yen ever since

No your right. It can work but means you have to manually enter, 90% of my trading is leave market order and walk away. with ABC on small stops depends when you put your stop many variables. The logic in the Area is good, but that is dependent on your entry timing. Its price action based so buying at the right time in the right place then yes your stop will work. But buying the same price wrong time you get spiked before the move.

Price action based depends on tuning skills.

Thats how I see the remainder of the month from above post.

UJ

On UJ if we Continue down my first entry will be on the S1 monthly. If we reverse on daily S1 S2 my first entry will then be buy if candle closes above Daily PP and buy the best pull back I can to Target the next handle 103 take half profit hang to 104.. Only Fed minutes tonight. Remember if we reverse, this wide initial range is gonna be hard to break if we pull on top

We trading below NFP range which adds to the fire

Hi Dennis.
Thanks for the guidance and sharing. I am finding this thread fascinating albeit I use MT4 which unfortunately is not compatible with your indicators. My pivots are all good so no problem.

At this moment EU UJ both moving down. Is this something you consider when opening correlation positions? Or do you trust that the correlation will eventually work out?
Also, what is your opinion that EU will reach parity this year? Are you considering NFP levels on EU as well?

Much appreciated.

Hey Dennis thanks for sharing the footprints image, I am not sure how to work these out still, if possible would you be able to explain the footprint? TIA

Hi Dennis

What form are those Indi's Mt4 or Java ?

Cheers

Gareth

Shorted at H1 highest open just above PP

Second entry.

Ah your a Pivot trader, you been doing this making money fora long time well done.............

Its pure harmonics. If you see high and low of the box theirs the pip value next to them this way you know how to buy the dips and sell the rips. with trend. i.e.

Next pull back = to x pips i will sell the rip

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