Hi All, we all have opinions, and we agree to disagree. We have some very knowledgeable traders here, some good philosophers, some who share what they know, some just come to argue, etc. I came to forex factory to get ideas to trade successfully. ...

Flying Dutchman

Got a decent setup (GBP/JPY) and EUR/AUD after 2 days of no trade. Obviously there were lots of trades that could have been taken but i just didn't see them live or was not as per the rules i have set. Was a quick 60 and 40 odd pips. Profit was ...

Flying Dutchman

Hi BWilliam, is there a special formula to calculate the Demarcation Line?

Flying Dutchman

Thanks Bro

Flying Dutchman

Thanks for the indicators.

Flying Dutchman

Hi sharingan9, could you please share ur pivots indicator.

Flying Dutchman

Big downward move on Pound pair(s). Good time to learn how to identify Lows.

Flying Dutchman

Thanks for the kind words Bluesteele. Still learning and i do get the Hs and Ls all wrong quite a few times. Long road.

Flying Dutchman

The explanations are good but i am pretty sure most will not be able to understand and use them in their day to day trading. It would be good if those who understand the value intent, over value, undervalue etc to share a chart or two with notes on ...

Flying Dutchman

GBP/USD had two good setups. First one was missed. Second one was pre US open setup. Price just had to take out the herd zone where the $$$$$ was. I missed other setups. Might just have to watch 2 pairs only lol. RNs and Time is of most importance.

Flying Dutchman

For me i am still not able to understand if a currency pair is overvalued or undervalued. I would love to trade 4 hr time frame cos that gives a little less stress and we can set profit targets, stoploss and not stay at the computer for too long. ...

Flying Dutchman

Trading from outside..Thanks to Bluesteele. A little late entry as London Market was closed yesterday. Another similar trade was on offer at US Equity open but was a bit late for me. Its there but we just don't see em when live trading. I have ...

Flying Dutchman

All action will be in the NY session since London market is closed today.

Flying Dutchman

Yeah the GBP/JPY just went down so fast at London Open. I normally wait for an hour or so after markets open. You are right, there was rejection of 1.64 RN at London Open. Pins as well. Even though i don't trade that early at London market i didn't ...

Flying Dutchman

The one trade i placed yesterday. GBP/CAD. Was a good setup as per what i have learnt from experienced traders here. Try to trade from outside. There were lots of confluences. TP hit before the NY open.

Flying Dutchman

Good Trade there. I was also looking at that pair but was trying to look for a reversal after that fast move at London Open. I mostly place trades after the 1st hour of London and this one just took off. I was waiting for price to set a session low. ...

Flying Dutchman

Yeah, it didn't come back for a retest on the 5min chart but had a good entry on 1m.

Flying Dutchman

Thanks BWilliam, so EUR/AUD is negatively correlated to AUD/USD. EUR/CAD is negatively correlated to USD/CAD. EUR/AUD and EUR/CAD are positively correlated.

Flying Dutchman

yes a lot less spikes. I will look at these pairs too. Also i was looking at the EUR/AUD yesterday trying to understand how to take continuation trades as i mostly look for reversals. The 2 arrows on the chart was the HLs where i thought could be ...

Flying Dutchman

Thanks BWilliam, yes time is probably the most important. I mean there are certain times when market actually move and don't stay stagnant. Bluesteele had stated that Equity Opens are good times. I mean London and US markets are the two major ones ...

Flying Dutchman