I guess there's more upside to come, at least for NQ. But it was a good morning, so I might just go out and enjoy the beautiful day. Over Easter I've decided to go with tick charts for both morning and afternoon sessions. No candle patterns, no ...

Islander and Medici trade the European open

Nice Still, for practical trading the modified (based on 3xClose daily pivot) Fibonacci pivot levels seem more useful!?

Islander and Medici trade the European open

Yes, and NQ seldom spends a lot of time outside the 4% envelope around EMA200@1h. Now EMA50@1h has rolled around, and price is above the 1 stdev band below the monthly VWAP. Here's a possible scenario for the ECB spiced NY session.

Islander and Medici trade the European open

The longer term view in NQ, with envelopes around EMA800@30m. More downside seems likely before a possible reversal up.

Islander and Medici trade the European open

Reminds me of our discussion on systematic vs discretionary NQ somewhat easier to trade this morning, with discernible but grinding move upwards. I think I'll hold and let it grind on.

Islander and Medici trade the European open

Good discussion Makes me think of what a former colleague, who used to run the algo shop for a major investment bank, used to say: There is no algo that is profitable all the time, and the trick is to know when to turn them on and off. ...

Islander and Medici trade the European open

That was a half hour well spent I may just call it a day

Islander and Medici trade the European open

Some good philosophical points there And I suppose one question one needs to answer for oneself is how systematic or discretionary one wants to be. It sounds like you are happy to be quite discretionary, while Dave is desiring something ...

Islander and Medici trade the European open

GN, so far it's been a Camarilla morning in NQ.

Islander and Medici trade the European open

Curious about the details...

Islander and Medici trade the European open

Enter just after the open, exit just above the 61.8% resistance. 130 points to begin with. Will there be more to the upside?

Islander and Medici trade the European open

Thank you, that seems to coincide almost perferctly with the modified Fibonacci pivot levels!?

Islander and Medici trade the European open

Sundays are days for listening to the gospel ...and more. video

Islander and Medici trade the European open

Another great video by Marius: video

Islander and Medici trade the European open

One more chart...this'll be the last one, illustrating the modified Fibonacci pivots.

Islander and Medici trade the European open

Nice That was way before I got started I wait for the open, follow the flow, and hit it when I see what's going on.

Islander and Medici trade the European open

Long after double bottom at the modified pivot, out of the long as I noticed heavy selling at 14800, and then took the short signal, out at EMA50@1h. There's probably more to the downside, but this finishes the week Très bon weekend à ...

Islander and Medici trade the European open

Like somebody said, this time is the best time ever to be a trader.

Islander and Medici trade the European open

Nicy wanted to discover something new, and here is something that was new to me - Fibonacci pivots around the modified pivot, defined by (O+H+3C)/5 - with a striking example from Monday in the Nasdaq index. They seem to be in play every day, ...

Islander and Medici trade the European open

Thank you, yes, it's about eliminating the noise of the time based candles, and it's about timing entries. I've got volume bars as an option on my platform. How much of an advantage they offer probably depends on the number of ticks or contracts per ...

Islander and Medici trade the European open