Hi Pete, back to Forex and GU. Draw a line at 1.3740. I knew that line is the demarcation the last 6 days. Last Monday market set that level. Use a line chart to see this on a h1 chart. NY market briefly broke this level.

Flying Dutchman

I was looking for feedback. Thanks to you and Andy too. I wasn't looking for validation. I was telling what I saw.

Flying Dutchman

Hi Pete, this post in response to my original post. The message hurts. url People mostly won't tell you what you don't want to hear. I find find no problem doing that. And that gets me into trouble. Like I wrote previously, maybe I should let ...

Flying Dutchman

Hi Pete, I just realised something a light bulb switch on. So many members are angered by my posts. This means I must have touched a raw nerve somehow and it's common among many traders. Hmmm.... this sets me thinking about what this common ...

Flying Dutchman

It means a lot to read that. Thanks.

Flying Dutchman

That's why I wrote this post. (I got hammered as usual. ) url I have reason to pass judgment on other strategies. We all do that then come to select our preferred choice. I believe in constant progress where tomorrow can be better than today. ...

Flying Dutchman

I did answer your question although not in direct language. Yes as TimeTells wrote beautifully waiting is the simple answer that work. Or if you're this "wise" adult then pay for exotic tools that allow the trader to peer into the microscopic ...

Flying Dutchman

Hi Pete, you probably wrote the Holy grail of trading this Forex market. Waiting. It's that simple. That's why I wrote so many times that I don't use any exotic indicators, just check my phone. A child could do it. But the "wise" adult mind has to ...

Flying Dutchman

Although the permutation is a large number, the human mind naturally gravitates toward reducing a large number to a small number by whatever means. Read this thread to see how each trader based on their belief go through this natural instinctive ...

Flying Dutchman

Permutation formula is, nPr = n! / (n-r)! Assume r = 1, nPr = 15! / (15-1)! = 15 Assume r = 2, nPr = 15! / (15-2)! = 210 Assume r = 3, nPr = 15! / (15-3)! = 2730 Summation nPr = nPr1+ nPr1 + nPr3 +... And so on.... How likely the trader guess ...

Flying Dutchman

Big gonads from the champ Phil Ivey, Tiger Woods of poker. url

Flying Dutchman

Hi Andy, our charts exactly the same.

Flying Dutchman

Thanks for your thoughts, it don't sound stupid and you are not wrong. All of us use some form of tool to help us analyse the market. Behind the tools lies our core belief about the market. It can be economics, physics, math or whatever that we ...

Flying Dutchman

If the retail trader relies on FA, the final push to target day high in 15mins. That's 15mins window to listen to the speech then at some point heard the keynote aspect of his dovish taper speech that indicate bearish dollar to execute a long entry. ...

Flying Dutchman

From Asia low the market moved up 65% of adr before Powell's speech. Price hit the target 15mins later. You asked for the trade I took in NY session. After the high for the day is established I waited for the buying activity to subside then take the ...

Flying Dutchman

GU made a sustained 100pips up move from Asia market on Friday. I was referring to to your question.

Flying Dutchman

Hi Bilal, the one thing I like is your quest in this Forex journey. You don't dilute the path in front of you. Take a look at Pumi's GU chart again to see the final segment of this week when the market close. Again back to your question, what do you ...

Flying Dutchman

Hi Bilal, you ask the question I have asked many times earlier. Look at the left bottom low 1.3601 to the high 1.3770, 170pips swing right across the entire computer screen. Your question is aimed at this giant move. What you think the answer is?

Flying Dutchman

PC, every trader apply some form of objective rules in their trading. There will always be discretionary thinking in the decision making process. 100% objective rules based approach don't yield optimal result. The question is to what extent that's ...

The brutal truth of day trading

What then constitute "not wishful and realistic entries and exits"? This is aimed at the core of this speculation business. To ME, a quantified objective rules based approach backed by empirical evidence addresses your statement. Like with all ...

The brutal truth of day trading