now thats weird position. Did you use some kind of envelope trading method, with daily ranges, as entry point? ah I understand now after reading your edit. If it were me, I close the long at 4333. locked that 50 pips profit, and stay with the short ...

River Theory Trades

Well' its ok to enter reverse trade into previous weekly value, if the close on prev weekly value is not at extreme point. At least give it a week to build value/resolve the level when this thing happen. I did the same mistake too with USDCHF ...

River Theory Trades

- I took eurusd short, since it retest -1.0 level. - Not taking usdjpy since it probably stopped at 114.58. - Gbpusd didn't pick me up on -1.0 level, the train has left already. Btw, why you take long @2.0036? no value build, no bounce yet, no price ...

River Theory Trades

hmmmmm this a bit risky.... what do you think?

River Theory Trades

sorry, couldn't resist hahaha. Good fish skunny!

Indicator Free Trading - Skunny

After browsing through the archive I found something else that quite important I think. It's where the daily value box (modus +- 2*PD stddev on daily curve) lies within the zones. This could be a substitute to price action for entry decision. If its ...

River Theory Trades

This confirm why value builds at significant S/R url Thank you so much FTI

River Theory Trades

Oztrader : yes, Its like pivot point calculation, but with PD chart. Classic pivot uses H+L+C/3 as mid point. I use PD to calculate mid point. Lilpip : from this setup url my entry method to reduce risk & increase reward :

River Theory Trades

To be honest, I never know if any of my trades will go to the right direction or not. So maybe I'm not the right one to give you that advice. Unforeseen is better than me in price action recognition. All I do, is to keep my RR ratio & stop losses ...

River Theory Trades

On the other hand, if looking into weekly PD on GBPUSD, its a good setup too. But I haven't mastered weekly PD yet.

River Theory Trades

Nope, missed the gbpusd since it bounced 0.5 level. I'm focusing my trades only on round numbers level now. But I do like eurusd setup down here. It's ABSOLUTELY not a trade recommendation. Its just my opinion.

River Theory Trades

levels for December

River Theory Trades

This month result, quite some bounces there, especially around dynamic value area. Next month value will be around 2.713. I'll post some monthly static level chart for December on weekend.

River Theory Trades

Lastdaystart if on, it would count current period price distribution development + n period before current period from period count variable. Lastdaystart if off, it would count starting from the datetime variable. Useful for backtesting from years ...

River Theory Trades

I need help. Anyone knows where I can read material about how people with big funds play? Does the value builds because the big funds is loading up their bullets to eat small fries money? Does the quick bounce/single print/shooting stars whatever ...

River Theory Trades

You're right Unforeseen. However, using the market data, often the bell curve is extremely distorted. And depends on which time to start, the shape could be different. Therefore we have to view it in a common economical time-cycle: year, quarter, ...

River Theory Trades

For all that interested of river theory, before we succumb into that indicator, level, value, etc, we must realize that as human, we have been given a greatest gift that called Awareness. This is the one that makes us different from other lifeform ...

River Theory Trades

nice setup, good rr ratio too.

River Theory Trades

And how I come up with those levels/zone is... *drumroll* : its just a simple price projection , nothing special. The mean of distributed price chart, projected to the low/high of the month, and mirror it to the upside/downside (times 1, 2, ...

River Theory Trades

Example of point 10 above about trade management. Yesterday, theres a good setup, but the following price action after that shows a candle close under -3 levels, and does not manage to close back above it. Thats the time when I have to admit that I ...

River Theory Trades