The only way to get into that move yesterday, on a PullBack, would have been by dropping down to the M1 TF.
At the moment GBP/JPY is ranging better to wait for a clear Market move.
Renko line in the sand 294 replies
Line in the Sand 106 replies
Line in the Sand Part 2 4 replies
Disliked{quote} Hi Vg, The only way to get into that move yesterday, on a PullBack, would have been by dropping down to the M1 TF. At the moment GBP/JPY is ranging better to wait for a clear Market move. {image} {image}Ignored
Disliked{quote} GBP/JPY M5 Long Trade Market broke and closed past H1 Structure entered on PullBack {image}Ignored
DislikedHi Steve strange to see you post a EU chart am I close in my interoperation ? {image}Ignored
Disliked{quote} Hi Dave, Institutions use the .000 Whole Numbers and .500 Half Numbers to place their Limit Orders, they are people of habit, they aren't looking at something that keeps re-setting and moving around. Whole and Half Numbers are a constant the Orders placed around these Levels act like a magnet. Who ever has the greatest volume of Orders around these Levels will eventually win the battle, this = Accumulation. Institutions need someone to take the other side of their Orders (Zero Sum Market) Once all the Opposing Orders have been consumed the...Ignored
Disliked{quote} steve,,,could you if possible break down your analysis,,,,into small step by step process of what you look at in the chart as soon as you open it up i want to read it and follow each step on my chart to try and get in your mind set to see what im supposed to be looking at. im currently on skype if you got 10minsIgnored
Disliked{quote} Hi Jason, See the charts below. It's too late in the day really but we will see. {image} {image}Ignored
Disliked{quote} steve just a quick picture to what im seeing black lines are the swing highs the yellow line is where current price is bouncing off support as per sniper as price rises to the first black line above the yellow support we have a resistance levelof the .50 level {image}Ignored
Disliked{quote} Hi Jason, Just keep looking at the Market like this and it will soon start to make sense.Ignored
DislikedHi Steve, my story 25pips late to the party more than once, 1st trade got greedy after 2:1 R/R after being 25pips late to enter, stopped out +3.4, same on 2nd trade but banked 12.5 {image}Ignored
Disliked{quote} will do would really.appreciate a chat to go.over charts to give.me that ultimate confidence boost that im doing it rightIgnored