EY and GY, EY is clearly a difficult pair with the bullish overhang and market will not value it much higher today.

Flying Dutchman

This was my one line simple comment early today. Bottom pic shows how market plays out as expected. This is the final trade for the day. I do scalp for 20pips depends on the time of the day which is pretty late for me. GU in the last pic.

Flying Dutchman

Hi FMA, no I don't use MP. Besides the open lines and adr for expansion projection and calibration, this buy and sell hemisphere is important in my strategy. Market flip from buy to sell hemisphere that's time based in clear demarcation. Just that ...

Flying Dutchman

I made sure I added and underlined this comment. I am certain you will see this play out today market. Take a look at nasdaq and US30. There's none of the usual ob/os spike. These markets had no option since yesterday. These markets rise cautiously ...

Flying Dutchman

Yes, this is my view of the market together with the underlying assumptions. I will appreciate more if I get criticisms especially at the core about the assumptions. Such negative feedbacks will help to unveil the weaknesses of my assumptions. The ...

Flying Dutchman

Which brings us to the question, which currency pair you prefer to trade? Boring EY, GY one side stalemate expansion of dol, no brain required "press the button anytime you wish" type, or, E$ strong reversal onto the opposite side of dol with gusto ...

Flying Dutchman

Talking about no option for G$ except to fall and oscillate meaninglessly with narrowing range the rest of NY session. Nasdaq and US30 had no option except to do what it did going into London close. Oscillating meaninglessly with "no option" in NY ...

Flying Dutchman

Hi KevinZeng, two reasons. E$ which was leading the charge hit a major level at the top. What's the chance getting past this level at that time? Zero. 2nd reason, besides $CHF, G$ traded below dol. The major level is miles away. What else can G$ do ...

Flying Dutchman

Ofc, like real estate speculation, currency speculation is about the value of the currency pair which has the potential to gain or lose value. Leveraged speculation means the property buyer paid the down-payment with 5 credit cards with another 5 to ...

Flying Dutchman

Look at GY, and E$ for an idea what's happening. GY traded well above dol from the opening bell. One side of dol all day long with no change in bias. It's simple(close eyes press the buy button and don't touch the sell button, howzat for trading?) ...

Flying Dutchman

Why 50pips? That's minimum "meaningful" change in value - we don't want to be tracking anything lesser "meaningless" change. If you trade on the real interbank FX market with say 100 million with no leverage, that's the minimum change that means ...

Flying Dutchman

Hi Danger-Mouse, I appreciate much you take the trouble to write your thoughts. Thank you. If experienced traders can contribute to share their thoughts about the question. It'll benefit many. About what you listed, the fairy tale gets more and more ...

Flying Dutchman

Nice. The short trade at dol is so obvious. It's going up to dol again, this time don't sell. Look at nasdaq, how many nasdaq traders knew there's no option except to fly?

Flying Dutchman

Does nasdaq have any options London close?

Flying Dutchman

Nice monalisa piccy. Did anyone know have to close long trades and go short ?

Flying Dutchman

When I made the post, that's why I made it. Did anyone know too?

Flying Dutchman

How to trade for 50pips value change with all the selling already done in Tokyo session below dol on Monday, adr 68% ?

Flying Dutchman

Do proper logical rational technical analysis based on assumptions that're sound, that's grounded and connected to the real world economy and monetary policy. (Or remain the expert "indicator" trader.) The pics are self explanatory. (There's no need ...

Flying Dutchman

When I started my research many years ago, I was not looking for a trading strategy. I wanted to know why price move up and down every trading day. I don't read books, I don't watch videos. I don't read FF strategy section. I was not a member of FF. ...

Flying Dutchman

One more thing if you use it for different open lines, example dol, wol and mol, you have to name them in the first input field - OPPRM.

Flying Dutchman