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- Swede replied Mar 24, 2023
As usual, Cable traded very predictable this week....we had the pop up due to FOMC, then the test and break of the FOMC high but only enough to catch the crowd jumping in long, then the quick and obvious reversal for the short ....textbook stuff if ...
- Swede replied Mar 23, 2023
As expected yesterday High was challenged, or should I say hunted, whatever the case a great entry for the turnaround was clear (see daily chart)
- Swede replied Mar 22, 2023
Speaking of common sense, you Gotta love FOMC days, but one really needs to jump to your daily charts for perspective where sup/res levels are clear, or break of structure shows itself...if resistance is tested, as I expect it will, there may be a ...
- Swede replied Mar 22, 2023
Had the perfect spot for the long, (the London Low test at the arrow and 61.8 fib retrace from London High)...but, being FOMC day that may not be so wise...will wait for a clue of direction about 15 min after...
- Swede replied Mar 21, 2023
Could be another push north depending on FOMC so will let things play out before entering
- Swede replied Mar 21, 2023
GJ same turning points....note Big Round Numbers at Market Structure Break
- Swede replied Mar 21, 2023
And note the 3 Push along with break of market structure.....a total no brainer that something was about to change relative to trend direction..
- Swede replied Mar 21, 2023
Hope no one is offended by thinking out of the box for a moment. I just wanted to post GU entries today based on measuring out from a Significant Impulse Wave looking for entry levels drawn via diagonals from the impulse (blue), That is one analyses ...
- Swede replied Mar 20, 2023
Exactly....just another tool in our toolbox....even though we have our trading charts we use every day, sometimes things just simply are not clear, nothing wrong with keeping the basics in mind just because the purists don't like it... for ...
- Swede replied Mar 17, 2023
I still have a subscription to The Furrow, John Deere magazine...they post some good laughs at times..here is a current one...remind you of anyone?
- Swede replied Mar 17, 2023
NY just really getting underway, so I'm experimenting with some 1 2 3 grid patterns on the 1 hour chart based on the video Blue posted. Looking for a confirmation on the break of structure at the arrow and depending on the time may take a short, we ...
- Swede replied Mar 15, 2023
You also come up with Faulty......hmmmm, now I know why I feel like Manuel here..lol
- Swede replied Mar 15, 2023
textbook
- Swede replied Mar 15, 2023
3 days of Market Structure, a Textbook example.....(the Big Round Numbers speak for themselves)
- Swede replied Mar 14, 2023
and where were the orders sitting to continue the day trend???
- Swede replied Mar 14, 2023
I was the Lamborghini tractor rep for Alberta/BC for many years....they do business like they drive, very emotional at times lol LMAO and lots of fun to be on the road with...
- Swede replied Mar 14, 2023
scalp anyone?
- Swede replied Mar 14, 2023
I mean look at GJ.....there are some 400 pip trades started at the Big Round Numbers if you had the courage to hold through the oscillations...just saying it's very important when doing your analyses for a day trade entry...my 2 pips for the ...
- Swede replied Mar 14, 2023
One thing I notice about day traders, seldom do you see them take into account Big Round Numbers, or 1/2 Big Round Numbers. One of the characteristics about GU is how it reacts at these numbers and it surprises me that more do not seem to use these ...