Just they gave another opportunity at another trader attractor area is all Not confident now in the short term, either direction lol, back for Franky It's tricky, but it's fairly logical, in between the waves .

Flying Dutchman

I managed to snag +20p (net) in Asia, in between the mechanics of the two confluences Prior London Open & RN250 (but missing its start a little and then getting out just before completion) Asia might be over for me now, will see what it looks like ...

Flying Dutchman

but someone is, and ... has been url url all this makes for interesting volatility I guess Just gotta be on the right side of the equation (ie the 'flow') ...

Flying Dutchman

GBPJPY Quite an interesting day on the GJ yesterday, firstly during Asia, then the Franky / London (fake) dip and then its wild ride then into New York, after which price returned back to the Day Open and finally completed a massive Bermuda to the ...

Flying Dutchman

END OF THE TRADING MONTH OF FEB TODAY Imho trader’s MIGHT be best & kindest to ourselves if we formulate our mindset as … NO FOMO In the end the market can present us the same (well similar) mechanics each day. Why? Well ...

Flying Dutchman

Great work again M, I got in late after London Open (had the same thoughts as fxp) and out early. The first 15m candle at LO was the Fake'N'Flip catching some early sellers. I got what I wanted today and am done for the night now regardless of what ...

Flying Dutchman

that's what it would 'look' like yes the tighter the aggregations (of both buys AND sells) the more imminent imo a breakout looms just they can do a Fake'N'Flip first sometimes imho catching new breakout traders in the wrong direction. that's why I ...

Flying Dutchman

What I would be thinking. Just will they do it immediately or make traders jump thru hoops in a shakeout first. I can afford to sit on my hands for the open and see what the shuffle is, enter later, miss all the BIG pips lol and try and add a little ...

Flying Dutchman

Essentailly I believe (just in my own mind) that they are merely aggregating as many buys AND sells trades into a pot as they can before the flood of real liquidity enters. ie its a gamble at the moment, which gives you/us a 50% chance hahaa . ...

Flying Dutchman

It is TEN minutes prior to Franky open. Will they rush, will they take price where London needs it to be in one hour when they open. ie will they run in a straight direction or do a Fake'N'Flip, as in IF price is to be taken up/down, it may well do ...

Flying Dutchman

Hahaa, in my mind both Yes & No. It is not so much taming the dragon which I can usually do each morning for myself in Asia. The best way I can explain it is that GJ varies its behaviour. Sometimes (mostly) it is a quiet dragon basically lolling ...

Flying Dutchman

Hi M I just had a quick catch up look pre-Franky. That was a great trade in Asia imo. Price formed a (large) Bermuda again & well done. Essentially what style you are trading is maybe Swing Trading and you can find much info on this style of trading ...

Flying Dutchman

GBPJPY is not called The Dragon without good reason. It has a specific behaviour affectionately called "The Grinder" This occurs when both the majors it is derived from, ie the USDJPY & GBPUSD are both heading in the same direction at the same time ...

Flying Dutchman

Final post for the morning from me again just food for thoughts Everything is tradeable Nothing is “always” tradeable

Flying Dutchman

Smart move removing, dont ever post a live chart with broker info on it Instead on mt4 put your cursor in the chart middle, click right mouse button, select, ''"save as picture"'' and download by your own choice of file name to your desktop (and ...

Flying Dutchman

Yes, that is where I would begin. I honestly do recommend a simulator for traders in their early stages, then add indicators to a template for ADR, major session opens, grids like round numbers maybe, as well as previous hi's and lows by day, week, ...

Flying Dutchman

Hi M, The clue was posted in the first chart that promted your first post here enquiring about Bermuda's. Have a look again at the annotation on the chart and where the bermuda's began (think liquidity increases at times of day/session) I maybe ...

Flying Dutchman

Hi Danger I gotta leave now else I could find a potential trade setup hahaa and then be stuck up awake for the new few hours (I learned ages ago to bail out now, no FOMO & no greed as there WILL be setups again tomorrow I firmly believe) However, I ...

Flying Dutchman

Nothing is always tradeable I don't think. Positions ? Not really sure what you mean. Maybe you mean price. Think also of sessions. ps imho, don't be looking for (yet) another mechanical system I trade discretionary, not systematically, based on ...

Flying Dutchman

a pyramid - is a very interesting 3D concept approach however, .

Flying Dutchman