... and a quick follow up on the US500 from yesterday, why not US500

Flying Dutchman

Okay lol, I wake up this morning and see maybe a hand grenade was thrown into the markets just before New York opened. But nope, just another tweet maybe (Apple ? ) So a quick ...

Flying Dutchman

I'm not an Indicie Trader, (I stuck with currencies after so many years just trying to see what the heck they were doing lol) Still, I'm always interested how market mechanics play out on other instruments. So, a Day review from yesterday, for what ...

Flying Dutchman

Hahaa D-M, Okay now I see the direction you wished to take. Now I may confound a few here but this is my take. I have tried to trade USDJPY in Asia and found sometimes it is asleep. I have also tried to trade GBPUSD in asia and found it is also ...

Flying Dutchman

Hi D-M, Arb'ing (the three) is not something I have contemplated or tried. I would agree there would have been a time (pre Hi-Tech) when the variance occurred allowing such plays but even with a fast PC today the fact that you would have to have ...

Flying Dutchman

Cheers Brle, thank you and, yes, charts please is easier for me to see what folks are thinking/seeing.

Flying Dutchman

Hi Dave, Cheers pal. It is hard to write these and cover all aspects in words that folks grab and will understand. The bottom line is I believe (in my head & heart lol) that the market steps price up & down a target staircase on its way to a ...

Flying Dutchman

continuing ... A quick example lol, just earlier after the GBP news at Franky Open, and now with London still over a ½hr away (ie what will they do). Why is Week (S)1 a Target for the news spike. Someone/thing wanted price there, almost to the pip ...

Flying Dutchman

Hi Brle, I understand your writing, all good. Basically I wish to show here with charts what i see as the daily repetitive market behaviour as it relates to Targets (from my old George days). From 15m swings, 4 hr swings and Hi-Lo's originally ...

Flying Dutchman

GJ From the top to the bottom ( bottom to the top - old joan armatrading song ) As if by a random miracle imo just well organised Morning is over for Asia, ...

Flying Dutchman

Haven't finished my cup 'o tea yet And so a new day begins (well I don't trade till 02:50 chart time, but hey, fun watching it set up for the Asia morn' ) edit: url GBPJPY

Flying Dutchman

Trading the GBPJPY involves (imo) being aware of what its Majors are doing during the day (USDJPY & GBPUSD). I should clarify I don't trade what UJ or GU are doing, I only trade what GJ is doing in & around and to & from any targets (trader ...

Flying Dutchman

From GJ to its pappy USDJPY A simple day review Market mechanics similar to GJ RED News for the Pound today an hour before the London Open All the best to all Trade safe and trade well USDJPY

Flying Dutchman

GJ Getting a bit late in the evening now. Market has done it thing leading into New York. All the best to all, back tomorrow .

Flying Dutchman

I'm still on the sidelines lol But the script remains so far We shall see GJ

Flying Dutchman

Crikey what a day for the GJ, looks like USDJPY was driving all this. I do prefer the market to have moved hahaa when I come back for Franky/London but today is a rort maybe who knows (yet). Still, they did complete the Bermuda from London open ...

Flying Dutchman

ps The above post is more for discretionary target traders Math traders would just put their trade on and walk away with TP at where the maths said exit. Each to their own No one way to trade or ONE way which is best

Flying Dutchman

Hi W Mate looked a good trade to me. Myself I don’t have the Tokyo open horizontal line on my charts but I do put a “vertical” line on my chart at the 03:00 and also 04:00 (11am for us) timeframe as some Yen news is often at 02:50 and I wait for the ...

Flying Dutchman