"AUSSI" my thread and anything I want to put here

lol, yes, Ced74, I almost got out of bed to go long right after I got out at the 133.09 area. gj likes double zero's! And, sure enough it went right up to the 134.double zero area.
The chart picture is my journey trading gj this week so far...it's the flow of the market where you can see the big $ people coming in and reversing the trade direction. You can see where they were accumulating to go long from Friday through Tuesday. then Tuesday they were done and the marketmaker released price from it's sideways action. Price went up, first profits taken to cover stops. Price came down 50% to a double zero. Edged up, came back to the double zero area to fake retailers back short, but sentiment shows bullish divergence so take it long (if you're not asleep) and back to a double zero 134 area.
I've documented these individual trades above via chart pics with trade journal pics as I've taken the trades. this chart pic puts those trades all together to show the flow of the market so far this week. It's fun...i rather enjoy it! If one can be patient and watch and wait and grab onto the institution's coat tails it can be a rather fun ride.
Institutions don't trade non-farm or other red news events right when non-farm happens...they start trading it a few days before. And, it doesn't matter what the big news announcements end up being (which way we think price should go) because the big money has already made their moves to position for where they want to be. So, if a retail trader thinks 'hey, that's positive news for the pair, price should go up, i'm going long' and price goes the other way...it's because they're trading it a few days too late, the institutions are using the retail trades to close trades, and the retail trader is left holding the bag once again...an empty bag.
There are typically six "news trades": 1 - several days before as $ positions for the news 2 - a day up to several hours before the news as price comes back due to prop firm traders get flat/get out before the news to lock in profits 3 - going back in the original direction after the prop firms have gotten out and given you a better price coming into the news 4 - a couple minutes before the news (two ways to play it: go with the direction of sentiment at a 15 min or 1 hour supply/demand box or set limit orders with sentiment at 1 hour supply/demand boxes. 5 - seconds after the news (rarely goes well due to whiplash and sudden fear) 6 - around a half hour after the news when price comes back to and tests the moving average on the 15 min chart (you miss the whiplash)
Which of these 6 "news trades" do you want to participate in? I've done all of them and #5 doesn't work consistently. the biggest moves in order of lowest risk are 1, 2 and 3.

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hey all hope your doing well, hope you are as well diggz. just wanted to say I appreciate you all in here, aussie, jp1, cashbox, lemercainaire, munchie (you shared many of the exacts questions I kept asking myself lol) dont know you ced74 but I appreciate your posts, might not comment on this thread much but do follow you all, appreciate the hard work you all do and all your posts helping and learning. thanks all!

NFP..has been brought forward to Thursday this month....10.30 p.m in Aussie Land.
R

for beginners dont look if you not a biginner

I will watch it later..
R

Guys you eating more, you'll get fat

my missie just made a caramel choch tart cant let that go to waste mate

Dont worry, when I make good money trading I'll send good food from Spain to all my fellow friends of this thread Might take years though lol
A good jamón, chorizo, cheese, fuet... Hell, even a good wine hehe.
I hope there are not many veggies around here

I will gladly swing that thought and wait for Chorizo and Wine ehhehe

I still watched it because I might be a beginner The Russians built a stop loss cluster thing I used to see from a friend. It was actually interesting! We would place our tps at the cluster hehehe....ahh life of trading so rough. Of course, they clamped it down after a while. Enjoy your day fellow traders

Some Gold break down, h4 and 15 minute....will have to recalculate after Monday...but lets see how it goes.

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Evening Aussi,
Very interesting and like most folk did not know of this information.
R

this is a follow up to my July 1 post (post 8541) where i showed the long term reversal for GJ that happened June 29 and 30.

the chart pictures below show my before and after reversal continuation long on GJ. Once the big money reverses, they take everything out of their way and eat through supply. AND THEY SHOW YOU THEY'RE ABOUT TO DO IT via the chart!!!
They chew through massive supply (or resistance for you supply and demand infidel non-believers...lol)

the first chart has the first hour candle of each trading day circled. Notice that they are ALL the same! FOUR days of the same first hour opening. (The first hour of the trading day is 5pm to 6pm eastern/NY time.)