Nothing new in trading,,,,, Well worth the watch.... KISS Blue https://youtu.be/R9B-IVOzmME?si=T4gigdU2RUy9yFHx
Kev boy, spamming the the thread with the truth...... shhhh!!
- #9,381
- Sep 21, 2023 3:25pm Sep 21, 2023 3:25pm
- Joined May 2010 | Status: Straight line Fest | 3,194 Posts
Kev boy, spamming the the thread with the truth...... shhhh!!
- #9,382
- Sep 21, 2023 3:35pm Sep 21, 2023 3:35pm
- Joined Aug 2007 | Status: Trader | 3,200 Posts
{quote} Ha. Kev boy, spamming the the thread with the truth...... shhhh!!
Master your Mind,,,Master the Market
- #9,383
- Sep 21, 2023 4:06pm Sep 21, 2023 4:06pm
- Joined Aug 2006 | Status: Trader | 5,317 Posts
It never gets easier, you just get better
- #9,384
- Sep 21, 2023 6:46pm Sep 21, 2023 6:46pm
- Joined Dec 2018 | Status: Trader | 4,594 Posts
Red news for the Yen from Japan today is the Monetary Policy Statement & BoJ Policy rate.
As usual they list the timing as 'tentative' lol.
Best I can find is around 02:30 to 03:30 GMT which is about two hours from now, but who really knows with the BoJ.
https://www.forexlive.com/news/econo...-due-20230921/
I will enjoy another cup o' tea and wait for the pre-bets (oops trades) to show up followed by the announcement where fortunately no one in the world will know about before it happens
.
Trade safe, trade well today folks.
As usual they list the timing as 'tentative' lol.
Best I can find is around 02:30 to 03:30 GMT which is about two hours from now, but who really knows with the BoJ.
https://www.forexlive.com/news/econo...-due-20230921/
I will enjoy another cup o' tea and wait for the pre-bets (oops trades) to show up followed by the announcement where fortunately no one in the world will know about before it happens
.Trade safe, trade well today folks.
- #9,385
- Sep 21, 2023 10:06pm Sep 21, 2023 10:06pm
- Joined Dec 2018 | Status: Trader | 4,594 Posts
You gotta love our markets 
Okay, buyers & sellers all caught in a pen - where to now
Red GBP Pound news coming in three hours. BoJ mouthpice still to present (tentative timing hahaa).
Trade safe folks.
.
Okay, buyers & sellers all caught in a pen - where to now
Red GBP Pound news coming in three hours. BoJ mouthpice still to present (tentative timing hahaa).
Trade safe folks.
.
- #9,387
- Sep 22, 2023 4:00am Sep 22, 2023 4:00am
- Joined Aug 2006 | Status: Trader | 5,317 Posts
Mr U from the BoJ apparently scheduled to hold his press conference at 06:30 GMT or about 1½hrs from now a half hour after the GBP pound news https://www.forexlive.com/centralban...ence-20230922/
Abraham Lincoln was against them.
It never gets easier, you just get better
- #9,389
- Sep 23, 2023 7:33pm Sep 23, 2023 7:33pm
- Joined Aug 2007 | Status: Trader | 3,200 Posts
USDJPY (UJ) was more tradeable by me on Friday than my GJ Market behaviour & market mechanics show little difference across pairs imo ie liquidity potentially being either removed and/or added . {image}
Master your Mind,,,Master the Market
- #9,390
- Sep 23, 2023 7:50pm Sep 23, 2023 7:50pm
- Joined Dec 2018 | Status: Trader | 4,594 Posts
{quote}
Banger of a chart Pete ! Excellently displayed confluences
Cheers Kev, thank you.
When (imho) traders get their mindset out of the 'at a zone/area' the SAME thing will always happen
(either buys/sells, price goes up/down, price is supported/resisted),
then we can follow what the market actually does at/after zones where liquidity loses its balance
(traders removing liquidity, via TP for one example, or SL - or adding on the expectation of a continuation or a reversal)
where we then only need to focus on where price might go next.
This can suit BOTH a long run trader (30-40 pips) or a short run scalper (10-15 pips), each depending on their own personal preference.
- #9,392
- Edited 3:19am Sep 24, 2023 2:54am | Edited 3:19am
- Joined Aug 2006 | Status: Trader | 5,317 Posts
USDJPY (UJ) was more tradeable by me on Friday than my GJ Market behaviour & market mechanics show little difference across pairs imo ie liquidity potentially being either removed and/or added . {image}
By removing those candles, the chart makes sense.
It never gets easier, you just get better
- #9,393
- Sep 24, 2023 3:26am Sep 24, 2023 3:26am
- Joined Dec 2018 | Status: Trader | 4,594 Posts
{quote}
My take on Friday shenanigans with BOJ Press conferences from 7:30 - 8.30 am GMT.
By removing those candles, the chart makes sense. {image}
Your chart looks great to me Shabs.
Though no real need to remove candles imho, they looked to have printed for good reason
(the old fake 'n' flip flush hunter to targets most likely
).
- #9,394
- Sep 24, 2023 3:33am Sep 24, 2023 3:33am
- Joined Aug 2006 | Status: Trader | 5,317 Posts
{quote} Your chart looks great to me Shabs. Though no real need to remove candles imho, they looked to have printed for good reason
It never gets easier, you just get better
{quote} Your chart looks great to me Shabs. Though no real need to remove candles imho, they looked to have printed for good reason
- #9,397
- Sep 24, 2023 4:25am Sep 24, 2023 4:25am
- Joined Aug 2006 | Status: Trader | 5,317 Posts
It never gets easier, you just get better
- #9,398
- Sep 24, 2023 4:29am Sep 24, 2023 4:29am
- Joined Dec 2018 | Status: Trader | 4,594 Posts
{quote}
Wow that is a masterpiece
, I somehow missed that one from Kev (now rectified 
)
- #9,399
- Edited 5:07am Sep 24, 2023 4:47am | Edited 5:07am
- Joined Aug 2006 | Status: Trader | 5,317 Posts
{quote} Yes TT all candles required with or without BOJ jaw flapping. {image}
USDJPY getting close to all time Oct 2022 Highs
USD getting expensive, GBP is dropping like a stone vs USD down 10% from July Highs
Disclaimer: this is not financial advice, I am no expert, just my own personal opinions. Do your own analysis please.
It never gets easier, you just get better
- #9,400
- Sep 24, 2023 6:46am Sep 24, 2023 6:46am
- Joined Jan 2015 | Status: Trader | 5,144 Posts
{quote} Yes TT all candles required with or without BOJ jaw flapping. {image}