Hi BWilliam, I just had a look at it once you confirmed that i was looking at the right LOW. This is the 1st question. Well it is in hindsight but since i knew that up till that low there was 70 odd pips done for the day. So maybe half of the pips ...

Flying Dutchman

Oh ok Thanks.. I will look at it and try and answer both the questions.

Flying Dutchman

Was it this one in the Tokyo session on the 23rd??

Flying Dutchman

Hi BWilliam, Was just going through ur posts. Is this the low u are referring to. Which was on the 24th?

Flying Dutchman

Not an easy day for GBP/JPY as price is fluctuating above and below DOL.

Flying Dutchman

Hope we keep getting ur input. And also from the other experienced traders. Looks like we might have some explosive movement in GBP/YEN pair. Its has been quiet so far in the Asia session.

Flying Dutchman

I am pretty sure Any doesn't mind. Ur inputs are very valuable.

Flying Dutchman

Yes when it fluctuates above and below the DOL then it gets hard to actually analyse.

Flying Dutchman

So today again GBP/JPY has been below the DOL. I had a chance to look at it awhile ago. Looks like a down day for now. I am just concentrating on DOL and ADR as asked by BWilliam. Just 29 pips range so far.

Flying Dutchman

Hi BWilliam, Thanks for the replies. Yes its about analyzing and trusting your analysis BUT also taking the trade when opportunities show up. I would have taken that buy trade when price made pins around the 161 RN. Its just i had decided to just ...

Flying Dutchman

Welcome back Pete.

Flying Dutchman

Hi BWilliam, GBP/JPY had a range of around 106 pips yesterday which is around 60% of its normal 20 day ADR. It was a down day when u look at the DOL. It traded mostly below it. It did not break the high or low of the previous day (Tuesday). I saw ...

Flying Dutchman

For me i would say that the early London session trade would be my go to one. I mean it had confluences and was at equity open time. And a couple of similar trades had worked well. also around that time i was a bit more confident that the price was ...

Flying Dutchman

I edited my previous post regarding ADR. If u could please have a look.

Flying Dutchman

yes early in the asia session we have to be spot on with our analysis as to whether price will trade below or above DOL. Don't know why but i miss a lot of pullback trades. At times i see it but not confident enough thinking it might just reverse ...

Flying Dutchman

Hi BWilliam, I did not really see the trade early Tokyo session. Now having a look back i feel that price was going up and down too often around DOL that time for me to take the trade. Maybe at that time i wasn't too sure of my analysis that price ...

Flying Dutchman

The price has been below the DOL thus far. Early London session price came up to DOL and with rejection went down taking out targets on its way. Since it looked like a down day so far it has taken out the 161 RN. For me it was just a guess and now ...

Flying Dutchman

Golden Nuggets BWilliam. i didn't really take notice of the ADRs. Thanks.

Flying Dutchman

Thanks Moodybot, Yes its really good to have these traders helping us see the market in a different way. For me personally it gives hope that it can be done.

Flying Dutchman

Thanks for the reply BWilliam, sorry for the late reply as i am mostly at work during the week days and try to reply or have a look at the chart whenever i get the chance. I had said that price was going to be below the DOL cos at the start of the ...

Flying Dutchman