I am a football fan..Liverpool for life...YNWA. Well there are some gems on this thread. Everyone is free to post here and share ideas. We learn each day. At the end of the day we are responsible for our actions when it comes to trade. Its only us ...

Flying Dutchman

As long as it works for you and gets you pips..lol. I was always poor at Maths in school so another reason i find it hard to understand pivots..lol.

Flying Dutchman

Hi OAPDave, thanks for the kind words. Honestly i have just started to place Pivots on my chart. As Timetells says it can act as targets or attractors. I try and see how price reacts when it reaches them and place trade accordingly if i have other ...

Flying Dutchman

We may see a 3rd run up on GBP/JPY. Lets wait and see.

Flying Dutchman

Good Afternoon All, Well since its quiet here i thought of having a look at the charts and seeing how it is all organised (atleast in my opinion). Though it is NOT random over 70% of traders or participants still fail in the long run. From what i ...

Flying Dutchman

Managed to spot the bottom (PFL). I tend to do reversals better than continuation.

Flying Dutchman

Yes there are so many ways to trade. For me the most important is Time and RN. I wait for atleast an hour after session open, Tokyo, London. I hardly stay awake till NY session. I mark targets on 1 minute and 5 minutes chart. Mostly trade GBP/JPY. ...

Flying Dutchman

Hi All, Well its not about winners always. This was a loss for me. Got the analysis right but my Stop Loss was taken. A couple of pips higher would have helped or maybe i should have waited for the first hour of London to complete. Targets are being ...

Flying Dutchman

Hi All, A locked trade in Asia session. An hour into Tokyo session and a low is formed at Pivot line. As Timetells says, it attracts price and we have to wait and see how it reacts and act accordingly. Waited for it to break and see if there was a ...

Flying Dutchman

Hi All, My first trade after a small break.

Flying Dutchman

Hi Bluesteele, I was also looking at the GBP/JPY on 15 minutes timeframe last night from London session. Have followed your posts and was looking for the Box, RN, 3 Steps, Sessions. As you may have noticed that i mostly look for reversals so was ...

Flying Dutchman

Hi Pete, Nice trades as usual. I was looking at the GBP/JPY chart last night around London Open, both 1 and 15 minutes chart. I normally trade reversals as you must have noticed. Somehow i hardly see continuation trades/ setups. If i do its very ...

Flying Dutchman

Hi All, A small locked trade for 5 pips. Waited for the structure break so a little late on entry after the LH formed.

Flying Dutchman

Hi all, Just one trade for me on GBP/USD. Got the input and guidance from Bluesteele just last week. As he says price moves in 3 steps. If u look closely, it was a measured move. Around 70 pips of each step. I saw it on 15 minutes chart. There was ...

Flying Dutchman

Thanks Timetells...it worked.

The Finance Book Club

Anyone has pdf version of this as i can't open it on my pc.

The Finance Book Club

Just got this reversal done. Locked trade as Timetells says. Details on the chart. As in my other post i had stated that its good to bank profit at the first target, for me atleast. When and how the price will react no one knows. Little in the bank ...

Flying Dutchman

Hi Bluesteele, Thanks for the explanation and charts.

Flying Dutchman

Oh sometimes i do look at it for divergence maybe. Can be any indicator. Just for another confluence. Most important is RN, Time and Targets.

Flying Dutchman

Its quite a deep swing on GBP/JPY for the day. Day Low to Day Hi, it has gone beyond the 50% Fib. But then again it depends which swing we look at. Mine was just for today so far.

Flying Dutchman