I didn't see any good opportunity with GBY/JPY, Eur/Jpy in the London session. Was having a look at Stacey Burk's videos to understand the Hs and Ls. Not sure if others got some trades in during London Open. I just didn't see price near RNs enough. ...

Flying Dutchman

As per the first arrow around US open. The trade would hit the weekly open with very little drawdown. The second entry after US equity open would be the next trade cos the LOW of the day was set and the second entry was above that which was a ...

Flying Dutchman

Thanks to Bluesteele and spzd. This is what we could have traded. Some good pips were offered. As they say its best to trade from outside. Never guaranteed what the low or high will be as i am just dissecting the info these traders are giving us. ...

Flying Dutchman

Hi Bluesteele, Yes the Equity opens are very important. I have had some good trades just by using PFH or PFL, RNs, 3 levels up or down, Candle Formations, etc Thanks for showing us some the light. Trade Well.

Flying Dutchman

Hi spzd, Thanks for the explanation and the charts. Well explained.

Flying Dutchman

Hi All, Lots of nice posts which i am sure is helping new or inexperienced traders here. Quite a number of traders here would like to trade on a part time basis due to work commitments so they may like to understand trading on 4hr or Daily ...

Flying Dutchman

Hi BWilliam, If U could please share the previous weekly Open Lines indicator.

Flying Dutchman

Thanks for the input spzd, could you show on ur charts how u mark or determine where the days low and highs are? I am sure we all will get more info if u get the chance. Thanks again.

Flying Dutchman

Super Trade BWilliam, I didn't see that coming as i could not find confluences. Ur timing was superb as you had analysed that it would be coming down even before it began dropping. I only got confirmation when i saw the bearish candle slicing the ...

Flying Dutchman

hi, London Open is 10am as per my charts.

Flying Dutchman

I will give the details of why i placed that trade. The first thing was that there was room to move since price had only travelled 37 pips in the Asia session. The second was that the price was staying above the DOL most of the Asia session. There ...

Flying Dutchman

GBP/JPY - PFL, London Open, Previous Day Low. Straight to WOL.

Flying Dutchman

GBY/JPY is still in the range of 37 pips...slow day by any means. So far price doesn't wana rest below the DOL. And then it goes South...lol

Flying Dutchman

Spot on.. I totally forgot about that region, which was a buy zone just yesterday. Thanks again.

Flying Dutchman

yes the profit margin was small. But what i am still confused about is that 161.37 became a barrier after the trade was taken. Price stalled there in London and US session. Or am i missing something?

Flying Dutchman

Hi BWilliam, I don't really can point a finger as to why it was a bad trade?? Shud i have waited for a pullback or the profit margin was too low? Please advice

Flying Dutchman

Spot on BWilliam, It was just on demo and i agree that i will not wait for the next day to take profit. The first trade u meant was the one right on top right? Above the DOL and WOL. Yeah i shud have waited for price to come below DOL. WOL right?

Flying Dutchman

Sorry for the late reply Turnip15, yes we look for confluences like RN, PFH, PFL, WOL, DOL, Equity Opens, pin bars, DT, Triple Top, etc. Look at Bluesteele's charts. I am learning from his posts. For short term scalping look for Timetells posts. To ...

Flying Dutchman

Those were the trades i took London session yesterday. All manually closed.

Flying Dutchman

Hi Again, i will do my best to answer the second question regarding London Low from yesterday most likely being the low of the day. For me i was looking at Monday and Tuesday Highs & Lows to mark the high & low of the week as mostly it is set on ...

Flying Dutchman