That's 4% from EMA800 on the 15m. Today was one for the archives on this.

Islander and Medici trade the European open

[quote=Islander;13932885] You're right...forgetting the market technicalities is the way to go

Islander and Medici trade the European open

Oh, you're too kind. I am just pleased to have found a way of trading that is as simpleminded as i am Here my entry ahead of the expected news spike.

Islander and Medici trade the European open

Agreed. Here's my version of it for NQ this morning. HL at the -1$ level, and then nice pullbacks along the way. As so often, the +0.25% is the target. It'll probably go up another 100 points today though.

Islander and Medici trade the European open

Thank you

Analysis and Trading based on Envelopes, Waves, Cycles

Thank you, yes, offset is what I meant. How do you determine X, if I may ask? Some experimenting suggests that 16 is a good number...

Analysis and Trading based on Envelopes, Waves, Cycles

Brilliant stuff! Thank you. How do you arrive at the size of the shift?

Analysis and Trading based on Envelopes, Waves, Cycles

From the afternoon

Islander and Medici trade the European open

Station to station in NQ this morning.

Islander and Medici trade the European open

My pleasure. You may also want to take a look at this thread: url

Islander and Medici trade the European open

Happy to share Basically, it's very simple: It's about percentage envelopes around various EMAs. On 1m there are the 50 and 800 period EMAs. On 5m 160 corresponds to EMA800 on 1m and to EMA50 on 15m, which is a nice timeframe for trade ...

Islander and Medici trade the European open

For me the journey has gone both ways, backwards and forwards, slowly converging towards something lasting based on envelopes. And progress happening through meeting with the experienced and skilled, such as yourself Just to extoll the ...

Islander and Medici trade the European open

Dave, thanks for that. Yes, I gave up on fx about 10 years ago as the volatility was declining. To begin with it was DAX only, but then I grew tired of it's rather noisy way of going where it needs to go. So these days it's the Nasdaq index futures ...

Islander and Medici trade the European open

Thank you Dave, much appreciated. I have learnt much from what you have shared so far, and I hope I can bring something in return at some point. But I have to apologise for a shortcoming of mine - I don't have DAX on my platform, and neither do I ...

Islander and Medici trade the European open

Aha, you were referring to your chart rather than mine. Thanks for clarification.

Analysis and Trading based on Envelopes, Waves, Cycles

Merci Alain, I believe I understand what you mean as far as my own trading goes, but are you referring to the beginning or the end of the impulse, or both?

Analysis and Trading based on Envelopes, Waves, Cycles

Again, many thanks for your generous contributions, Dave. I had a look at the 666 period RSI averaged over 66 periods. I questioned the need for RSI over more than 10 hours of 1 minute data, and my conclusion is that it's the averaging over an hour ...

Islander and Medici trade the European open

The 200 period Bollinger band on the 30m is good tool for gauging volatility and the edges of play. If combined with the extreme weekly VWAP band it should be good for a decent bounce...but today I was transfixed by recent strong rallies. It seems ...

Islander and Medici trade the European open

I missed this one, but it's still a beautiful picture

Islander and Medici trade the European open

What a rocker! I had taken profit, and a break ahead of the afternoon action...but at least it was a setup in my model, and target reached to the point But I had saved that ride for later today....ah, well, the markets will move on Monday too. ...

Analysis and Trading based on Envelopes, Waves, Cycles