{quote} Hello TT. Cable at around 8am UK time. You often mention prices dipping down, in to liquidity etc. Well this might be an example. I have levels and a gap. Price dipped into the gap and eventually returned towards the UK open. Zeppelin included{image}
{quote} Us Open line TT. ( 2:30pmUK time ) Levels etc
{quote} Default Kijun or do you have your own preferred parameters?
Weirdness going on. Have this new follower with hundreds of subscriptions and hundreds of ignored. Joined in March. Welcome to the forums. Will be ignoring.
{quote} TT - your remarks about collecting 5+ pips per trade, reminds me of this thread where there are several happy collectors of 5 plus pips per trade. Logically ( I am no mathematician ) one should collect 5 pips more easily than 50 per trade - yes frequency and stops come into it, but just thought I would add a comment. https://www.forexfactory.com/thread/...imple-as-1-2-3
{quote} just default 29 setting on 5 min Btw.....I only trade NY session, sometimes close a trade during Asia but very seldom......I’m always on the lookout for NY testing London levels, high, low, open, being very counter trend for short term positions at times.....so, my perspective may very well NOT be of value to fit your perspective...just saying..why you ask? because I’m no longer 29 and hungry
{quote} Hi t, Big topic, I wrote an A4 on it somewhere lol (somewhere? hahaaa). Depends on how we trade in the end, and what our requirement is from the market, based on our a/c and lot sizes which vary trader to trader. +5 pips has to logically be available quicker than +50 pips. Why. Because if you are shooting for 50 pips .... then you have to PASS the 5 pips first on the way out to 50.
{quote} The thread loses it's continuity, if you keep deleting posts and your message if replied to, then has no context. As long as you are not materially changing the meaning of your post to imply a different meaning from the original, that's Fine. Updating a post as New information comes in, like charts later in the day or even next day, I think you can edit uo to 24 hrs. is OK. I think it is best to refer to someone by their Unique Username then there is No Confusion.
{quote}
The thing is both can be right...that is the beauty of a good forum without gurus....what I see, based on the time of day when I trade, can be the opposite to someone who only trades the London session say. Both views can be valid in opposite directions.
A smart trader is wise to look at both sides, giving due consideration to both views.
{quote} Now we are getting somewhere. I once asked a guy if two traders, one a buyer & one a seller, could both make a profit on the same pair in the same session. Blank stare ! (then I asked could they both also be losers, in the same session)
