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FulMargnAlch replied Aug 31, 2022I am aware of that concept. But BW here do not seem to subscribe to such ideas as he is seeing the charts in different dimensions from us, he is somewhat Dr. Strange in multiverse of madness. So I am asking him because I am confused but the answer ...
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FulMargnAlch replied Aug 31, 2022I think I am blind or perhaps suffering from dementia but I cannot see the reference to sell at London Session. The price is at no man's land. No reference whatsoever. image
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FulMargnAlch replied Aug 31, 2022That is why I am here learning how forex market work because I have no idea how forex market work considering I am not a banker or know anyone trading.
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FulMargnAlch replied Aug 31, 2022There is no reference in that short trade. Previous daily open is still far. How can you short that out of nowhere? Then we have the sell hemisphere at current DOL, yet you buy below that was supposed to be SELL and you TP at DOL. What is the ...
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FulMargnAlch replied Aug 31, 2022Thank you for your time. This system is vague as hell. Time to move on. Good luck.
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FulMargnAlch replied Aug 31, 2022Nobody understands it sir. No one can see the 50 pips.
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FulMargnAlch replied Aug 30, 2022I see that you are not using the traditional tools like pivots, fibs, Murray's math and the like. Thanks for the clarification as I am detoxifying myself of years of indoctrination.
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FulMargnAlch replied Aug 30, 2022I think you will love this indicator. It has look back and editable lines and colors.
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FulMargnAlch replied Aug 30, 2022Thanks for highlighting that to me, now I know my entries with 100% confidence.
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FulMargnAlch replied Aug 30, 2022GU tried to re-calibrate but cannot even reach the bisection between two WOL so the sell hemisphere is dominating? Definitely a sell there.
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FulMargnAlch replied Aug 30, 2022Thanks. I also bought at DOL and TP around the open of previous H4 candle. Looks like EU is crunched in between and will oscillate as ADR is seemingly exhausted and targets already reached.
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FulMargnAlch replied Aug 30, 2022Thanks for clarifying with the 3rd paragraph. I get what you mean. Thank you for posting the charts, very informative. Perhaps 50 pips is not a bad target everyday. Now my next problem is the intent (perhaps what you mean is the gap and fade at fair ...
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FulMargnAlch replied Aug 30, 2022I think it's the 3rd day now? I do not really know. I need more data to crunch but Sir BW seems to have said a lot already. Maybe I need more time.
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FulMargnAlch replied Aug 30, 2022This is my interpretation of the EU. Am I getting it or do I need some recalibration? image
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FulMargnAlch replied Aug 30, 2022I see. Above DOL, WOL, and MOL is buy hemisphere. Below DOL, WOL, and MOL is sell hemisphere. That is why you call them time series forecasting. The hemispheres are divided daily, weekly and monthly. DOL has its own hemisphere, WOL has its own ...
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FulMargnAlch replied Aug 30, 2022Just a question BW. Are you using Market Profile in your charts? Your strategy is a lot similar to market profile using the Auction Market Theory where the POC is the fair value (in your case the DOL, WOL, and MOL). Further, in Auction Market Theory ...
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FulMargnAlch replied Aug 29, 2022Second entry in pound yen. Entry rationale: 1. Broke and was rejected below previous WOL valuation, means pound still expensive? 2. Rejected from MOL, means valuation is still or already high? TP rationale: 1. Current DOL and WOL reevaluation seems ...
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FulMargnAlch replied Aug 29, 2022Can't trade EU now. I was thinking of checking this thread. image Rationale for entry: 1. Rejection and traded below MOL at M5 TP: 1. Might go back to DOL or lower targets with remaining 50+ ADR Rationale for early TP: 1. Inexperience in reading ...
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