Disliked{quote} Looks like same again ? ps To me looks a little more of a battle between Buyers & Sellers at this week currant levels ? Usd Jpy could be very interesting at 143 75 zone ? {image} {image}Ignored
- #11,342
- Edited 7:55am Jul 3, 2025 7:42am | Edited 7:55am
- Joined Jan 2015 | Status: Trader | 5,144 Posts
- #11,344
- Jul 3, 2025 7:04pm Jul 3, 2025 7:04pm
- Joined Dec 2018 | Status: Trader | 4,591 Posts
{quote} Update
Excellent you are seeing the market attraction at those round numbers Dave
- #11,346
- Jul 4, 2025 3:01am Jul 4, 2025 3:01am
- Joined Jan 2015 | Status: Trader | 5,144 Posts
{quote} Excellent you are seeing the market attraction at those round numbers Dave
Yep just Numbers ?
- #11,350
- Jul 7, 2025 4:36pm Jul 7, 2025 4:36pm
- Joined Dec 2018 | Status: Trader | 4,591 Posts
It is quite reasonable for traders to use any methodology of their own choosing,
for determining when & where (Price+Time) they will enter (or exit) their trade.
The market will usually do its own thing courtesy of traders large & small working with and enticing liquidity (and providors) as it does.
The market mechanics, in the background, will often follow a set routine imo that is observable day after day,
Trade safe folks, and trade well, when we have an advantage.
The pappy of GJ
USDJPY
Market steps
.
for determining when & where (Price+Time) they will enter (or exit) their trade.
The market will usually do its own thing courtesy of traders large & small working with and enticing liquidity (and providors) as it does.
The market mechanics, in the background, will often follow a set routine imo that is observable day after day,
Trade safe folks, and trade well, when we have an advantage.
The pappy of GJ
USDJPY
Market steps
.
- #11,351
- Jul 7, 2025 10:10pm Jul 7, 2025 10:10pm
- Joined Jul 2013 | Status: Trader | 2,917 Posts
It is quite reasonable for traders to use any methodology of their own choosing, for determining when & where (Price+Time) they will enter (or exit) their trade. The market will usually do its own thing courtesy of traders large & small working with and enticing liquidity (and providors) as it does. The market mechanics, in the background, will often follow a set routine imo that is observable day after day, Trade safe folks, and trade well, when we have an advantage.
- #11,352
- Jul 7, 2025 11:25pm Jul 7, 2025 11:25pm
- Joined Dec 2018 | Status: Trader | 4,591 Posts
Cheers ninner, all the best sir
- #11,353
- Jul 7, 2025 11:29pm Jul 7, 2025 11:29pm
- Joined Jul 2013 | Status: Trader | 2,917 Posts
Cheers ninner, all the best sir
- #11,354
- Jul 8, 2025 4:42am Jul 8, 2025 4:42am
- Joined Jan 2015 | Status: Trader | 5,144 Posts
It is quite reasonable for traders to use any methodology of their own choosing, for determining when & where (Price+Time) they will enter (or exit) their trade. The market will usually do its own thing courtesy of traders large & small working with and enticing liquidity (and providors) as it does. The market mechanics, in the background, will often follow a set routine imo that is observable day after day, Trade safe folks, and trade well, when we have an advantage.
I will leave it to you
the thread sadly seems dead now
TBH as you have said numerous times
It's very difficult to actually spot
your Trades because of the reasons you have repeatedly mentioned
That was the reason for my posts, just to see by a
Go Compare method if I could gain any clues
But alas no
So I will leave you to your method and me to mine
Wishing you
All the best
Dave
- #11,355
- Jul 8, 2025 6:04am Jul 8, 2025 6:04am
- Joined Dec 2018 | Status: Trader | 4,591 Posts
Thanks Dave,
all the best to you also
all the best to you also
- #11,356
- Jul 8, 2025 6:13pm Jul 8, 2025 6:13pm
- Joined Dec 2018 | Status: Trader | 4,591 Posts
The thing that fascinated me when I observed these market mechanics over the years was,
they were not restricted to just the currency pair I was trading (GBPJPY)
The mechanics covered all pairs, indices, metals (and even crypto)
Which begged the question, are the same market operators (ie algos MMs LPs big traders, institutions etc) operating the same way on each product intraday
https://www.forexfactory.com/thread/...0#post15299240
I mean, we know when trading gold we are not moving precious metals around between different folks.
We are trading contracts for difference (CFD) ie "paper" gold.
So the intraday machinations on Gold, I think, would mean little to the real stuff End Of Day ... or ... Fixing Time ...
where actual physical gold can be bought and/or sold at THAT fixed price at the time (less commission of course to the gold broker).
In between, it is likely a bit like the old wild west.
Maybe anything goes hahaa
And, if anything goes
Why does it seem to GO, the same way and to the same mechanics.
Just some food for thought on a chilly morning here in Brissie
All the best, and good fortunes to all, trade safe then well
GOLD
they were not restricted to just the currency pair I was trading (GBPJPY)
The mechanics covered all pairs, indices, metals (and even crypto)
Which begged the question, are the same market operators (ie algos MMs LPs big traders, institutions etc) operating the same way on each product intraday
https://www.forexfactory.com/thread/...0#post15299240
I mean, we know when trading gold we are not moving precious metals around between different folks.
We are trading contracts for difference (CFD) ie "paper" gold.
So the intraday machinations on Gold, I think, would mean little to the real stuff End Of Day ... or ... Fixing Time ...
where actual physical gold can be bought and/or sold at THAT fixed price at the time (less commission of course to the gold broker).
In between, it is likely a bit like the old wild west.
Maybe anything goes hahaa
And, if anything goes
Why does it seem to GO, the same way and to the same mechanics.
Just some food for thought on a chilly morning here in Brissie
All the best, and good fortunes to all, trade safe then well
GOLD
- #11,360
- Jul 10, 2025 3:40am Jul 10, 2025 3:40am
- Joined Dec 2018 | Status: Trader | 4,591 Posts
{quote} Please what is your view on this BTC london section, am seeing sell , i think it trade against dollar , if dollar strong BTC should drive down . please encourage and advise me as am in a sell.
Hi Tospyj,
Mate I don't trade BTC as I mentioned in the post of mine above which you quoted,
so I do not have a directional opinion at all here sorry.
Plus I trade my currencies mostly after a momentum move has been made in either direction.
So there is no advice from me of any knowledgeable substance that I can offer to address the fact that you are currently in a sell position.
What I can tell you, as you would be watching the charts intently at the moment I would guess,
is that you can see price has been in a tight range bouncing between the BRN 111000 below and right AT the 50% mid-point- of the Day PP and Day (R)1 way above.
When I see such range behavour over an extended period of time, like today with BTC, it is in my mind that price is at an Inflection Point.
And when price is held in Inflection for such periods if time then only one thing is imminent.
And that is Breakout.
Which can be slow to start and then rushes away.
Or
Can be hard and sustained immediately depending in who is caught in the wrong market direction without an escape plan, while the rest reap a bonanza harvest.
Be on your toes.
Here's an example of what an Inflection Point looks like on a past currency chart.
Before the breakout.
https://www.forexfactory.com/thread/...9#post15289719
All the best T.