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Price Action Observations
Started Sep 27, 2012|Trading Journals|109 replies
This thread is somewhere for me to record observations on price action behaviour (what worked, ...
Tess1, I did not get an entry short on AU as I have been awaiting a pullback that has not happened yet. If I get one I will still consider an entry short. However, I was able to find a well risk defined, clean, tight entry entry on GBPAUD instead ...
I use three constructions to provide price perspective and bias. The first is the daily opening price, which I use as the 6am UK opening price. Above the open I imagine we are in an up day, so I want to have a 'preference' for long positions and to ...
Hi R — Its not something I am trading. Just an observation I have made in the last 2 weeks that I have found interesting. You know what a flip is. All I am doing is seeing if there is something symmetrical about it. You do not have to also ...
Gold And Aud — Reason I point this out is the analysis is the same for Gold (worked) as for the high in Aussie. So, recording here to say that the high in Aud (shown with red arrow) is significant and lower Aud prices to ahead over the coming ...
Follow up on Euro — Follow up on Euro. See posts 2, 3 and 4. Freaky...
Thank you Tess1. Outcome matches prediction.
Update — There is [or appears to be] something special about the symmetry (or harmonics) of a symmetric flip (or market inflection point) at a wave reversal.
EDIT: limit order missed by 2.1 pips.. hate it when that happens
CAD - Low to Hold — CAD - Low to Hold (higher prices ahead)
Monthly Open Price — Month Open Price - Spot the Opportunities
Symmetry From Flip Point — Symmetry From Flip Point - Market Imperfect (do not expect it to last)
Wave Reversal with Symmetric Projection — Wave Reversal with Symmetric Projection
Wave Reversal with Symmetric Flip — Wave Reversal with Symmetric Flip
This thread is somewhere for me to record observations on price action behaviour (what worked, ...
Hi mate... I want to see this level hold.