G$ trading into armageddon the day after. Cheers url

Flying Dutchman

Guys, there are plenty of simple open line trades in London session today. Don't this tell you the importance of open lines? Cheers (was there any support/resistance lines? Was it at day high/low?)

Flying Dutchman

Hi whitesta, yes but the formula is not that important. (How many times have I written I see most of the market analysis from the mt4 apps on the phone?) It's the idea behind the formula that track the value of the asset in a dynamic way that's ...

Flying Dutchman

Hi Ctonic, this is the UJ chart. There are demarcation lines for intraday, intraweek and so on. They remain until market decides to recalibrate the value of the asset. Price oscillates in buy/sell cycles around this demarcation line. Intraday ...

Flying Dutchman

Hi Angelofx, yes, in my reply to whitesta earlier I revealed that intraday demarcation line that's was all the while sitting on our chart left by the professional traders moving value activity that they do daily. url This is the clear example why ...

Flying Dutchman

Examples of demarcation line yesterday, G$ hit day high at the same demarcation as FOMC the day before. People are told the support resistance is at previous high lows, in a way it is and it is not. This example give you an idea why not, that ...

Flying Dutchman

Hi FWR, 1.1514 is the open for Sep6. Perhaps the better word is cycle instead of hemisphere. A demarcation is a price that denote the crossover point whether market will take value higher/lower or not. There are many examples in yesterday's volatile ...

Flying Dutchman

Hi whitesta, since there's a lot of members who think alike I make this one exception that I don't tell others how they trade. I'm not a guru, an average Joe trader like everyone else, just share my opinion about forex trading on Andy's thread ...

Flying Dutchman

Hi angelofx, I drew red lines extended from open lines. It shows clearly the importance of open lines. A simple way to understand and visualise how the big boys trade to value. Cheers

Flying Dutchman

Hi angelofx, I'm mostly posting from my phone, so unable to post chart. Take a look at G$ h4 chart. The pwol is the demarcation line. The buy hemisphere started on 7sep 1600 till 13sep 0800. Sell hemisphere started from there and the current ...

Flying Dutchman

Hi angelofx, I met sharingan a decade ago. I've not talked to him about value, we happen to think the same. And I did not invite him. Cheers

Flying Dutchman

Nice explanation buddy. For readers benefit, read together with this post. url That's why traders need to understand and "see" value of the asset shown on the price chart. That's all traders should be interested in. Which brings us to the ...

Flying Dutchman

I have to scroll back to find this post, about part time traders who hold jobs, or retirees trade few hours a day. Some people say scalp for say 2-3hours after work. Some people say trade higher time frames, h4/D/W. Hard question(after so many years ...

Flying Dutchman

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What kind of music you hear while you trade?

What's impossible place an imaginary ceiling boundary in our mind. Most people naturally accept these boundaries, live life's inside this boundaries. This our comfort zone, going near this boundaries is risky. It make no sense to go near that zone - ...

Flying Dutchman

My lowest point is when I realise I had to admit I know nothing about this Forex market. It was the most painful moment and very difficult to get past my ego, to tell myself in the face that I know nothing. That's my rock bottom moment many years ...

What was your lowest point?

What is probability mindset to the forex trader? If you flip a coin we don't know if THIS flip is head or tail. It's 50:50 over a large sample size, we all know that with variance thrown in. What we got to remember is since the probability is 50:50, ...

Flying Dutchman

I have to explain this weak mindset and weak psychology again to give clarity. (Repeating myself) Weak mindset and weak psychology is a fear symptom. This fear symptom comes from a real cause, that is blindness. You're a blind man in this market, ...

Flying Dutchman

Tools are built for a purpose. Tools in the hands of the expert is amazing. Learn your tools and handle them with love and dedication that allow us to express ourself. Enjoy the music. Have a great weekend. Cheers url url

Flying Dutchman

Hi whitesta, trading in 2022 is like flying the F35 lightning with all the advanced sensory suite. Fighter pilots earn their top gun wings at Pasadena. It takes time to acquire the knowledge and skill to take in all that fly by wire technology as ...

Flying Dutchman