Hey Stu, interesting charts my man. There was a thread a while back started by a Seneca pilot who used key levels in his trading. I see you have marked significant areas such as daily o/h/l, weekly o/h/l, but also see that you have an awful lot of ...

Leftovers at the dinner table, re-testing opening levels

Thanks Stu, will take a look over your charts. They look interesting. I must say a particular level I have noticed gets revisited regularly is the London Fix at 4pm. Definitely food for thought.

Leftovers at the dinner table, re-testing opening levels

Thanks Stu, look forward to seeing what you got. One thing I'm struggling with is identifying the difference between consuming orders which clear the way for a future push through after a reversal, or when a revisit occurs as a sign of strength and ...

Leftovers at the dinner table, re-testing opening levels

Normality appears to be returning, for the time being anyway. Blue circles show the recent opens that have now been retested and orders absorbed, which may mean we are now clear to break beyond those levels to the next one. Red x marks my immediate ...

Leftovers at the dinner table, re-testing opening levels

But surely isn't that just the nature of an auction market. If Bob who sells apples on his market stall, all of a sudden comes across a huge bumper crop, he then puts them all on his stall to sell before they rot, the price will inadvertently be ...

EURUSD drop/manipulation - Anybody else sick...

Think this sell-off may well be coming to an end. Nice engulfing candle, plus some good rejections from the subsequent two candles.

Leftovers at the dinner table, re-testing opening levels

Sorry if newbie question but what do we mean by manipulated? By whom, why, and how?

EURUSD drop/manipulation - Anybody else sick...

Glad you're still going Tim. DO NOT GIVE UP I want to be able to say I've witnessed someone achieve 'the impossible' !! and then do the same myself

Tim's £500 marathon. Goal £1 million

So as PipMeUp rightly said, in a market such as we are experiencing now, then candles aren't always retested. No problem, we just need to be able to identify when the trend is strong and trade accordingly. That means enter on the smaller pullbacks. ...

Leftovers at the dinner table, re-testing opening levels

Doing well Tim I see you work the minute charts. How many hours a day do you trade? How many trades are you taking per day on average?

Tim's £500 marathon. Goal £1 million

Lots of untested down bars suggest the down trend is strong. The candle marked with the red line broke strongly and closed below an untested previous open. Small pullback as seen, we can expect price to go down from here. I see no reason to play any ...

Leftovers at the dinner table, re-testing opening levels

Where will it go. Small bounce off that untested area, but not long just yet, we still have some way to go down still in terms of ADR. But lots of untested lines above us, so I wouldn't be surprised to see some of these approached later today or ...

Leftovers at the dinner table, re-testing opening levels

This is great, and I wish you well!! My goal is to be able to achieve something similar. I really hope in 6 months time this thread is still going strong.

Tim's £500 marathon. Goal £1 million

So open up a chart of E/U - I'm sure other charts are the same. I've been looking at 30 mins, but again other time frames see similar. Apart from when we are in a strong trend, pretty much most of the time, during the ebb and flow of the market, ...

Leftovers at the dinner table, re-testing opening levels

Yes right you are, and it's quite obvious. I don't want this thread to turn into a "see this doesn't work when x,y,z occurs". This isn't in the systems thread What I do want to achieve here is a discussion as to why this price action happens and ...

Leftovers at the dinner table, re-testing opening levels

Current updated chart, see the red circles

Leftovers at the dinner table, re-testing opening levels

Wow, you're good. What's your next prediction?

Cable Update (GBPUSD)

Buy the rumour sell the news indeed. Amazing. Question is how far will she go, just keep on trailing that SL

Cable Update (GBPUSD)

anyone still trading this method?

vsa with Malcolm