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  • #3,661
  • Sep 30, 2022 8:08am Sep 30, 2022 8:08am
Quoting whitesta
One trade in London Session. Had to be patient. GBP/JPY. Price is still going lower but was happy with 45 odd pips. Was able to identify the High. RN and Time were the most important aspect. PFH and Pin acted as confluence(s). Trade Well All. {image}
Nice trade Whitesta....Perfect again

3 Levels of rise with those 3 pushes I highlited.... Very high probability reversal with all confluences lining up..

Well Done !

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM5 Sept 30 PFH.png Size: 39 KB
Master your Mind,,,Master the Market
  • #3,662
  • Sep 30, 2022 8:38am Sep 30, 2022 8:38am
Quoting bluesteele
{quote} Nice trade Whitesta....Perfect again 3 Levels of rise with those 3 pushes I highlited.... Very high probability reversal with all confluences lining up.. Well Done ! {image}
I need to get this 3 thing down ...
Mark ... Everything you have been told is a LIE
  • #3,663
  • Sep 30, 2022 9:22am Sep 30, 2022 9:22am
Quoting spzd
{quote} I need to get this 3 thing down ...
Not top priority though as IDing HOD/LOD work really well. PA will tell you when a high/low have been created. Trade from there. Another good skill is IDing continuation.
Mark ... Everything you have been told is a LIE
  • #3,664
  • Sep 30, 2022 10:25am Sep 30, 2022 10:25am
Quoting whitesta
One trade in London Session. Had to be patient. GBP/JPY. Price is still going lower but was happy with 45 odd pips. Was able to identify the High. RN and Time were the most important aspect. PFH and Pin acted as confluence(s). Trade Well All. {image}
Was that the third hour ?
every Saint has a past. Every Sinner has a Future
  • #3,665
  • Sep 30, 2022 10:45am Sep 30, 2022 10:45am
Quoting bluesteele
{quote} Nice trade Whitesta....Perfect again 3 Levels of rise with those 3 pushes I highlited.... Very high probability reversal with all confluences lining up.. Well Done ! {image}
After the event but you can see why Stacey tells us to look at and mark levels which re-enforces my channel approach. Trying to utilise pushes etc into my analysis - so work in progress
Attached Image (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #3,666
  • Sep 30, 2022 11:36pm Sep 30, 2022 11:36pm
Quoting bluesteele
Pro traders aren't any better at "predicting" where the market will go than a hobby trader, and its not the job. The difference is all in execution: Finding levels, protecting profits once available, stopping out & adjusting when wrong, and consistent loss size control. Focus there !
Good points.
This documentary shows how banks actually traded - competing against each other like we do. Risk control and discipline are key lessons. They disguised their volume too. Touch screens too.

Inserted Video
  • #3,667
  • Oct 1, 2022 2:32am Oct 1, 2022 2:32am
Quoting turnip15
{quote} Was that the third hour ?
Very close to the 3rd hour. I don't really trade the Frankfurt open. For me the first hour is London Open. Trade was taken around 2 hrs 40 mins into London session.
  • #3,668
  • Oct 1, 2022 8:01pm Oct 1, 2022 8:01pm
Quoting GEfx
Hi BWilliam, more on the GBP/USD: {image}
Hi GEfx, seismic fundamentals in UK last week. Recession versus inflation. Both used as weapons to stay ahead, nothing is spared. It's a game of who dares win, who blink first. Powell is ahead for now that he lay the ground rules. How he manoeuvres his gameplan through this turbulent times may define his legacy that rival Greenspan. Cheers
https://www.cnbc.com/2022/10/01/the-...the-world.html
https://africa.businessinsider.com/m...eating/32cp9t2
https://www.bbc.com/news/business-63...mpaign=KARANGA
Know what you trade
  • #3,669
  • Oct 1, 2022 8:31pm Oct 1, 2022 8:31pm
Quoting OAPDave
Keeping a system that lets Kane hide in midfield and do nothing until we get a penalty Yes Thank you
Hi Dave, Liverpool and Arsenal. Klopp versus Arteta, how fortunes change. Who would have thought. Big game on the card today. Cheers
Know what you trade
  • #3,670
  • Oct 1, 2022 8:40pm Oct 1, 2022 8:40pm
[quote=BWilliam;14160828]{quote} Hi Dave, Liverpool and Arsenal. Klopp versus Arteta, how fortunes change. Who would have thought. Cheers[/quote

Lol...its only 8 games into the season. Agree that Arteta has started well and Arsenal are the form team but lets see who finishes where after 38 games. Liverpool have started poorly and few more bad results then we may see the last of Klopp. He has won it all but would want to go on a high. YNWA....
  • #3,671
  • Oct 1, 2022 9:14pm Oct 1, 2022 9:14pm
Quoting whitesta
Lol...its only 8 games into the season. Agree that Arteta has started well and Arsenal are the form team but lets see who finishes where after 38 games. Liverpool have started poorly and few more bad results then we may see the last of Klopp. He has won it all but would want to go on a high. YNWA....
Arsenal, City, WH next. Fabinho and TAA playing shite, how low before Liverpool fans give Klopp the boot? Rangers may get the ball rolling, one nail at a time. Cheers
Know what you trade
  • #3,672
  • Oct 1, 2022 9:53pm Oct 1, 2022 9:53pm
Quoting BWilliam
{quote} Arsenal, City, WH next. Fabinho and TAA playing shite, how low before Liverpool fans give Klopp the boot? Rangers may get the ball rolling, one nail at a time. Cheers
As a fan i agree that TAA especially when it comes to defending has been very poor. Klopp getting the boot possible but then again we ain't Man U or Chelsea who change managers like attire. Not sure what team you're supporting but one team ain't gona win all. As i said Klopp has achieved all. City have a great manager and bottomless cash pit. Man U, well they haven't won anything after being the biggest spenders for 5 odd years. Arsenal, we all know how it will end..lol. Chelsea, they can come out of nowhere and win something. Spurs have won nothing for over 60 years. The way i see it, City will get it done again. Like i said, they have great manager and bottomless cash pit to spend. Klopp on the other hand builds a team. It takes him time but he gets it done. Liverpool is a sell to buy club. From $400 million or so (2007) to be worth over $4 billion is some doing. At the end of the day its business. Very poor start for Klopp this season but will be happy if we make it to top 4. Looks hard but u never know. YNWA
  • #3,673
  • Oct 1, 2022 10:26pm Oct 1, 2022 10:26pm
Quoting bilal1947
I want to know how do people here handle such a situation like this EU m5 chart same day : GU was even worst assume it is GU incase you didn't watch EU but assume similar scenario to manage. Please take your convenient time but do reply so i can also see from your eyes and thought process. After asia Up 40 pips Down 120 pips Up 72 pips Down 40 pips Up 40 pips I would be grateful to listen and understand how you all deal with it. Do you like to enter in each side of the trade or hedge keeping your original bias or let it stay in draw down till SL...
Hey B..
Hope all is well Saw your post and thought id share how I approach....

I mainly am a intraday trader..Im in and out either in the session im trading or by EOD NY... with that said Im normally not going on any Fundamental Bias...
Sometimes I will have a larger TF technical bias...and I execute on the 1m and 5m charts...

With that said... ASIA was a simple straightfwd short setup..3 session push London NY ASIA...price is above my 100 pip box....and wheres the normal stophunts..
25-50 pips above/below the 100 pip box... we have a DT pull the trigger short stop above the DT ...normal trading per se....
Its Asia and since its the EUR/USD dont expect much from it...

Next
London... again above 100 pip box.. in the 25-50 pip SH zone...Franfurt opens and we have 3 pushes down (3 15M candles) thats a strong indication
the markets are drawing in the shorts...So wheres the short term money...its in the SH back up 25-50 pips above Asia and Franky open

A quick 3 pushes up 50 pips to the high and a nice M double top on the 1M perfect short setup..
3 level session rise...3 level push..in the 3rd hour...the "333" setup...

Next
NY......3 pushes down from London PFH....NEWS CPI....WAIT...Equity's open... Double bottom formed perfect long signal...
Where to ??? to the GAP TIME HIGH...ive repeated many times how important this is..Thats the "REAL" high the market will chase and sure enough it does it
again and again and again... Market takes out the gap high at the DOL..with a large Engulfment.. another picture perfect entry...At PDH

Anyways all very clear setups on the EURUSD for the 30th...Simple readable Market mechanics that repeat every single day.
Quarter Levels..BRNs..DOL WOL MOL..PFH PFL PDL PDH MH ML WH WL ..DT.DB..Levels of 3's ... TIMING and PRICE...The only 2 constants always...
This is exactly how I would have traded these sessions...not taking into account any FVGs ICT methods...I do incorporate those concepts
as well as others for Trade mgmt targets etc...

Example shown for trade mgmt...8EME HL channel... Ive shown many examples of this being used for an exit signal..Just another tool.
Hope this helps with a different insight...Its what I do every single day...


Cheers
Blue

Attached Image (click to enlarge)
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Master your Mind,,,Master the Market
  • #3,674
  • Oct 1, 2022 11:13pm Oct 1, 2022 11:13pm
Quoting bluesteele
{quote} Hey B.. Hope all is well Saw your post and thought id share how I approach.... I mainly am a intraday trader..Im in and out either in the session im trading or by EOD NY... with that said Im normally not going on any Fundamental Bias... Sometimes I will have a larger TF technical bias...and I execute on the 1m and 5m charts... With that said... ASIA was a simple straightfwd short setup..3 session push London NY ASIA...price is above my 100 pip box....and wheres the normal stophunts.. 25-50 pips above/below the 100 pip box... we have...
Hi Blue,

Great Charts. I just needed to know how to identify those 100 pips box. I mean price is always moving from level to level so do we look for 00s to 00s, 25s to 25s. etc. Just a little confused. Hope you understand what i am trying to ask???
  • #3,675
  • Oct 2, 2022 7:52am Oct 2, 2022 7:52am
Quoting bluesteele
{quote} Hey B.. Hope all is well Saw your post and thought id share how I approach.... I mainly am a intraday trader..Im in and out either in the session im trading or by EOD NY... with that said Im normally not going on any Fundamental Bias... Sometimes I will have a larger TF technical bias...and I execute on the 1m and 5m charts... With that said... ASIA was a simple straightfwd short setup..3 session push London NY ASIA...price is above my 100 pip box....and wheres the normal stophunts.. 25-50 pips above/below the 100 pip box... we have...
Mark the Gap High - I didn't know about that one. Will keep an eye on that phenom....fen....happening on charts

Your last chart - nice channel
every Saint has a past. Every Sinner has a Future
  • #3,676
  • Oct 2, 2022 8:36am Oct 2, 2022 8:36am
Quoting whitesta
{quote} Hi Blue, Great Charts. I just needed to know how to identify those 100 pips box. I mean price is always moving from level to level so do we look for 00s to 00s, 25s to 25s. etc. Just a little confused. Hope you understand what i am trying to ask???

BRN 00
Mark ... Everything you have been told is a LIE
  • #3,677
  • Oct 2, 2022 10:25am Oct 2, 2022 10:25am
Quoting bluesteele
{quote} Hey B.. Hope all is well Saw your post and thought id share how I approach.... I mainly am a intraday trader..Im in and out either in the session im trading or by EOD NY... with that said Im normally not going on any Fundamental Bias... Sometimes I will have a larger TF technical bias...and I execute on the 1m and 5m charts... TIMING and PRICE...The only 2 constants always... This is exactly how I would have traded these sessions...not taking into account any FVGs ICT methods...I do incorporate those concepts as well as others for...
Hi Kevin

All good

Thank you Kevin for the very detailed reply with properly annotated charts, all in all LTF trading doesn't require fundamentals, i too taken the lions share 120pip down trend for which i gave the breakdown here.

https://www.forexfactory.com/thread/...6#post14159436

but was scared to buy being overall bearish bias, so i thought to have a bit of brainstorming so it will help me understand how others handle it.

Thank you again
regards
bilal
"Exchange of hands"
  • #3,678
  • Oct 2, 2022 10:35am Oct 2, 2022 10:35am
Quoting BWilliam
{quote} Hi GEfx, seismic fundamentals in UK last week. Recession versus inflation. Both used as weapons to stay ahead, nothing is spared. It's a game of who dares win, who blink first. Powell is ahead for now that he lay the ground rules. How he manoeuvres his gameplan through this turbulent times may define his legacy that rival Greenspan. Cheers https://www.cnbc.com/2022/10/01/the-...the-world.html https://africa.businessinsider.com/m...eating/32cp9t2...
Hi BWilliam. I think the fundamental narrative, globally and within specific nations, will have to change within the next 90 days, first to stop the damage that will be unfolding as a result of the current narrative, then to "fix" the damage of the onslaught of terrible things that will be occurring, especially in Europe and UK. I'd anticipate that the BOA and the RBNZ will continue to pile on next week, and the ECB (10/27), Fed (11/2) and BOE (2/3) will do the same within the month. I'm not sure how much pain is needed across the EU and in the UK to initiate bottom-up change, but the mid-term elections in the US on 11/8 may provide the needed catalyst here. My FA says to continue to trade the problems, and wait to trade the intent to fix the problems when that time comes. Trade well!
  • #3,679
  • Edited 12:02pm Oct 2, 2022 11:34am | Edited 12:02pm
Quoting bilal1947
Hi Kevin All good Thank you Kevin for the very detailed reply with properly annotated charts, all in all LTF trading doesn't require fundamentals, i too taken the lions share 120pip down trend for which i gave the breakdown here. https://www.forexfactory.com/thread/...6#post14159436 but was scared to buy being overall bearish bias, so i thought to have a bit of brainstorming so it will help me understand how others handle it. Thank you again regards bilal
Hi Bilal, you asked for a response to your question. I suggest you read the responses and see the charts objectively, then ask yourself what do you read/see/identify from the replies what might help you with your question. I gave you a limited response that few can appreciate, and reserve my comment since it most likely offend members as usual. Ask this question in real time on the interactive thread, it's more meaningful than on a Sunday. Cheers
Know what you trade
  • #3,680
  • Oct 2, 2022 11:48am Oct 2, 2022 11:48am
Quoting whitesta
{quote} Hi Blue, Great Charts. I just needed to know how to identify those 100 pips box. I mean price is always moving from level to level so do we look for 00s to 00s, 25s to 25s. etc. Just a little confused. Hope you understand what i am trying to ask???
Hi Whitesta....

Spzd is correct.... from 00s to 00s always...Price will go in and out of the box as per normal behavior...Always at somepoint it will "breakout" to
a new 100 pip box...Some pairs as we know can move multiple hundreds per day.

The easiest way I found to look at 100 pip boxes is zoom out and look at bigger picture and How Price Reacts around the boxes. WE know that generally stop hunts
are 25-50 pips.. Can they be more or less.. Sure sometimes alot more.. Thats why we enter with confirmations or are prepared to use SL ASAP..
ANYTHING CAN HAPPEN...

BUT normal market behaviour and mechanics can guide us thru the majority of the time...We dont need to be Always in..sitting out is taken a position too

Will post up some charts showing 100 pip boxes..Not the PA outside of the box..and the timing....if they coincide we have a "Possible setup"

There is more to it but I think some basic charts showing this will help illustrate the general thesis of this idea.

Cheers
Blue

* Also note I quickly marked off some GAP TIME levels. (GAP TIME= between sessions)
Will also attach pdf of Quarters Theory... You can see the bigger picture behind this theory.
Attached File(s)
File Type: pdf The Quarters Theory.pdf   6.3 MB | 488 downloads

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Master your Mind,,,Master the Market
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