Holding for now.

What is and what should never be*

Reconsidering the short for now. Took a few pips as it was climbing. Might enter as soon as USDx stops dropping. Could take a short on EU too.

What is and what should never be*

95.90 is now support, with eyes on 96.50 for today's upside target on dollar. A sharp drop below 95.90 would mean a grasp for liquidity right below, @ 95.80.

What is and what should never be*

With a bearish bias in mind, I'll be looking to short cable from 1.3120 or higher, right above the last few days' highs. This time flat on euro purposely, because it is close to the 1.1120 level I called. I will only short it if it shows willingness ...

What is and what should never be*

1.1130 hit!

What is and what should never be*

Something I find very helpful to filter bad trades - try to sell above the daily open and buy below it. If you can't, then at least try to do so as close as possible to the open, because that's where your stops are at the most safest and when that ...

What is and what should never be*

Reduced target, weak momentum, area of demand and end of trading day +30, Fiber dropped almost down to 1.1130. Leaving that for tomorrow probably. Dollar Index reached 96.00.

What is and what should never be*

Took a short near previous intraday highs. Lacking momentum so far. Flat on fiber, though.

What is and what should never be*

And they're off?

What is and what should never be*

Similar to Fiber, Cable is finding a bit of demand below. 1.3050 is holding so far, a break would allow a test of the RN @ 1.3000, and possibly 1.2920 with payrolls.

What is and what should never be*

*** UPDATE *** So far, the euro is struggling to go lower with a fake lower-low on the intraday charts. Potentially, the pair may go higher and reach for liquidity around the 1.1200 even handle during the day. The dollar is poised to rally, still. ...

What is and what should never be*

One thing I want to make clear, I am not planning on giving trade signals nor lure traders into entering the market in any direction. I am merely showcasing the reasoning behind my trades, for educational purposes, and giving an example of how to ...

What is and what should never be*

Okay, so I just got home after a 5 hour trip, I will post a few notes on EU and will elaborate further on them tomorrow morning. A few things, though - I base my weekly analysis on the daily and H4 charts. I note key levels and keep in mind the ...

What is and what should never be*

Sure, I will be glad to share, but I am on holiday right now with nothing but my phone, seeing as this week is over anyways, and I am coming back on Monday, I will post my view of the Major Markets

What is and what should never be*

The entire idea behind HA or APB is to smooth out price. This way you don't get distracted by every single tick. A prerequisite for this system is to have a cross on the TDI and an APB that matches. That's your entry signal. You do not frame setups ...

TMS for M30 charts

Back from a hiatus. Good to see you too The thing about divergence is, that it is only valid so long as it's coherent with Market Structure. If there is a shift in the latter, then a divergence should show most of the time. In this sense, ...

TMS for M30 charts

Same story on fiber. HIN is merely a volatility injection so price can reach for areas, where liquidity is resting. This explains whipsawing and market reacting with a move down to good news or the other way around.

What is and what should never be*

There are but a few books written about the markets that are worthwhile. An eye opening Chef d'oeuvre is Larry Williams' Long Term Secrets to Short Term Trading. Therein, the concepts of Daily open and a few more are examined. The moment one ...

What is and what should never be*

High impact news are not all that unpredictable.

What is and what should never be*

I don't think it's advisable to trade HIN with any sort of TMS technique. HIN nowadays are all about liqiduity areas, stacks of orders at certain levels. It's not easy to predict the reaction to the news.

TMS for M30 charts