Hi BWilliam, I'm not sure if your questions are rhetorical or are a call for discussion. I'll assume it's a call for discussion. As you have stated, daily analysis must include an overlay of potential risks, such as scheduled FAs. The FAs in the ...

Flying Dutchman

You nailed it!

Flying Dutchman

I completely agree. If you consider PA since Friday, the market intent seems clear (same goes for the G$). Look for sell opportunities until the narrative changes. Trade well!

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Hi BWilliam, I've been selling this pair for some time now. Is it time to place a speculative buy order? Hope you are well!

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I think Bluesteele's analysis hits the mark really well. I'll post my 4H chart for reference, which include target areas that have developed over time. I would note previous highs and lows, daily opens, etc on the 1H, but that data often gets ...

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You did not direct this to me but thought I'd add my thoughts to your question. The target on the GY today was 163.56 to 163.65 (this target range was a clear target and existed on my chart for a few days now, in case anyone who thinks lines are ...

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Hi Ihlas. The month ends on the last day of the month (for accounting and regulatory reasons, to name a few). There are activities that occur at month end that can impact trading and PA. The week begins when the market opens for trade at the ...

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There are fewer than 20 large banks that make up about 80% of Forex transactions. These banks invest millions of dollars to carve out the market structure that we clearly see on the Day and 4H charts. They then maintain this market narrative until a ...

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I think I understand your point. I'm sure fti will be smiling if he knows his teachings helped you make money. Best wishes and good trading!

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IMHO, fti's presentation on The Art of War was not about targets (not even close, actually). In fact, fti would view the idea of targets as being ridged thinking. But, the first 300 pages (or so) of his thread are the best presentation on trading on ...

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For the bank, all that matters is their book. Individual traders, collectively, make up the book. If an individual trader trades 100 standard lots per trade, the book is interested in how to manage the risk of that 100 standard lot trade. For ...

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Hi ryuryu, First, congrats to you and Rick for working out how to use volume in crypto trading. I hope you guys take every dime you can find out of that market, whether it goes to a billion per coin or zero. I hope you guys get it all. As for Forex ...

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I wish you'd hang around to continue posting. You and I could have a good discussion about structure sometime. Trade well, BWilliam.

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Hi BWilliam, In addition to your excellent comments, people should keep in mind that the forex shares the same imbedding space where other markets exist. More often than not, it's the interplay among markets that creates the targets, PA, etc that we ...

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Hi BWilliam, I have some notes and thoughts on the recent BOE policy meeting and their decision to raise the Bank Rate to 1.25%. The BOE stated that they are prepared to forcefully use interest rate policy to battle inflation, and later walked back ...

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Hi BWilliam, yes the E$ has been great, as well as, the G$ and nearly everything Yen related. And structure is shifting across the majors and may be a moving target for some time to come. It's very interesting to be a part of, at least in our small ...

Flying Dutchman

The stats I have generated over the last 12 months of forex trading paint a completely different picture, and my stats since February 24 are beyond my wildest expectations. We see things differently: you are concerned about absorption, and I trade ...

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I think the take away here, for crypto speculators, is that the crypto market as we know it today is not going to be around much longer, and those traders should not expect their trading advantage to be long-term (unlike the "magic" of Forex trading ...

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BIS Calls For Centralization Of Crypto - Predicts Rise Of CBDCs | ZeroHedge

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Hi BWilliam, I remembered this post today as I was commenting to a fellow trader, about the cup and handle formation on the G$ $4H chart. Traded the turn to the target at 1.3190, traded the retracement back to target, and today traded the ...

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