now, here is an interesting projection for the euro as it stands 1.2900 is approximately the 50% mark from last impulse wave so in the next couple of days that is the target and possibly 1.2950, but like "the mask" said, no one can really predict ...

Red Lion on the hunt

usually when we have a bullish day it would break previous high which then logically it should break 1.2812 but the reason why i am not so eager to long this yet, is Merkel Zarkozzy meeting at 11:00 am Berlin time so i am sure there will be some ...

Red Lion on the hunt

we all do that buma. the difference is i ran statistics and i have numbers and %, what you and other traders do is STATISTICS by exposure, in other words based on what you have observed you have a more probable outcome in mind, correct?

Red Lion on the hunt

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Red Lion on the hunt

short implemented at 1.27523 the risk is minimal at 1:3 leverage if i get stopped out that means is most likely a bullish correction start only 15% has price moved above 61 pips from open and closed below open and 84.58% has it closed below open ...

Red Lion on the hunt

it is 11:19 pm my time 4:19 pm Tokyo- ending their session 08:19am Frankfurt about to begin their day 07:20 London our short set up, seems to be at an attractive level, however i will not be pulling the trigger just yet, as you all know there are ...

Red Lion on the hunt

i am out seeing patients at this moment but i have been eyeing the markets Asian equities, Gold, Oil are all down, negative yields as well seems like risk off. my best bet would be to continue this down move, no real show of momentum slowdown has ...

Red Lion on the hunt

we make up 10% of market share, i was envisioning a scenario where ALL market participants entered at S/D

EurAnalysis

some interesting charts, these are daily close clusters since inception image this displacement volatility since inception image

EurAnalysis

the markets will just become more volatile at those zones. people would stop buying and begin selling at those areas which would send the market into zig-zag range patterns would be more predictable and the edge would be on speed execution until the ...

EurAnalysis

actually the better question would be. is the conventional above open sell bias and below open buy bias actually, factual.........the answer is no. its negative expectancy, might do better guessing than using the central pivot bias

Daily Pivot Point Trades

this are times that pivot was below open and we had a positive day open low high close pivot [1,] 0.9507 0.9464 0.9591 0.9575 0.9430 [2,] 0.9262 0.9253 0.9374 0.9374 0.9227 [3,] 0.9254 0.9247 0.9327 0.9321 0.9218 [4,] 0.9126 0.9120 0.9233 0.9211 ...

Daily Pivot Point Trades

this are the times that central pivot was below open open low high close pivot [1,] 0.9507 0.9464 0.9591 0.9575 0.9430 [2,] 0.9583 0.9462 0.9588 0.9467 0.9543 [3,] 0.9437 0.9361 0.9464 0.9366 0.9433 [4,] 0.9522 0.9468 0.9575 0.9508 0.9478 [5,] ...

Daily Pivot Point Trades

these are the times that central pivot was above open and the euro closed below open open low high close pivot [1,] 0.9467 0.9384 0.9477 0.9437 0.9506 [2,] 0.9431 0.9371 0.9438 0.9421 0.9453 [3,] 0.9346 0.9209 0.9369 0.9239 0.9379 [4,] 0.9236 0.9159 ...

Daily Pivot Point Trades

well conventional wisdom has it Central pivot above open means sell bias right? central pivot below open means buy biased right? this is central pivot above open events since inception of the euro/usd open low high close pivot [1,] 0.9271 0.9269 ...

Daily Pivot Point Trades

i like being bored with logic and math :nerd:

EURUSD

in my opinion chicky is the only true, professional i have seen in FF so far. he is so far ahead of most of us. i have only recently came around his idea of R:R, i can see where he is coming from. especially when trying to automate trading with ...

Lessons Learned Thread

i used to use pivot points but, i found no real edge in them you can do the same with a 24h moving average and average ranges. here is some stats for ya. 2,856 trading days since inception of the Eur/usd the central pivot has been above open 1,346 ...

Daily Pivot Point Trades

it all depends i would move a stop loss only when i think it will not travel back up above open i.e 80 pips below open, going back up and hitting my stop would be welcomed as this probably means a reversal, usually after 3 days of bearish movement ...

Red Lion on the hunt

it depends it its in the direction of trend probably, but statistically i do not do well with breakouts, i do better with anticipating a change in direction at the distribution stage at loss of momentum i have gotten burned by fake outs more often ...

Red Lion on the hunt