I'm a big student of Kahneman.. here is his quadruple matrix. It explains our irrational behavior under uncertainty. Quadrant 2/3: holding on to losers.. hoping it will be okay. This also explains among other things why we bet everything to make up ...

Ivob's channels, volume, and VWAP thread (EUR/USD)

long on FBO.... Short after BO and point 3 down... Ivo

Ivob's channels, volume, and VWAP thread (EUR/USD)

Nice calculation and it probably looks quite the same but you're missing the volume which is exactly what VWAP uses TotalPV+=Volume*((Low[i]+High[i]+Close[I])/3); TotalVolume+=Volume; VWAP=TotalPV/TotalVolume; > Vwap can be calculated on any ...

Ivob's channels, volume, and VWAP thread (EUR/USD)

Choppy day today, not easy. Collected couple of pips but nothing big. Once a trend is on the way it's over. GLOSSERY VE: volatility extension: left trendline is pushed away. Good moment to take profits. Often precedes FTT and "change" especially ...

Ivob's channels, volume, and VWAP thread (EUR/USD)

Annotations so far. EURUSD 5minute chart. When long, the "action" at this moment is hold. The action after BO is always hold. We broke 2 trendlines, stayed outside the channel for one complete bar (which makes the BO valid). So we wait for another ...

Ivob's channels, volume, and VWAP thread (EUR/USD)

Annotations so far. EURUSD 5minute chart. Remarks: Volume slowing down... chop expected. Chop = regression towards VWAP. Some news later on. Some issues regarding trading chop: - give stoploss little more space.. channels become wider..price is a ...

Ivob's channels, volume, and VWAP thread (EUR/USD)

It's called Market_Statistics_v4_1.mq4 disclaimer: I am not affiliated with this site/link. Ivo

Ivob's channels, volume, and VWAP thread (EUR/USD)

Thanks. Yes, I use it as guidance. Are you familiar with it? Ivo

Ivob's channels, volume, and VWAP thread (EUR/USD)

So is this high volume low range bar at the bottom a long? No... but it is profit taking time.. The long is only taken at 3...when it looks like it looks here... and after that there are several options...fbo = short/reverse. Bo = hold. Ivo

Ivob's channels, volume, and VWAP thread (EUR/USD)

Price respected the shallow trendline and made a VE (volatility extension) without even retracing one bar.... Normally a BO and 8 bars same color means we will get another point 3 down. Ivo

Ivob's channels, volume, and VWAP thread (EUR/USD)

After hours of triangle we broke out of it after the news. News is not just the news..but also a starting signal for traders to place their trades; to do whatever they already intended to do anyway. News is always explained (perspective) within the ...

Ivob's channels, volume, and VWAP thread (EUR/USD)

I believe for it to be one of those trending days, where price just goes up and up and up (so I hold and hold and hold)... we should have moved already. (we had 4 attempts..). So sold my positions. Just don't see it going up for hours and hours ...

Ivob's channels, volume, and VWAP thread (EUR/USD)

Interesting start of day. 1. downchannel on the 5min. 2. quick volatility extension... at -1SD of the VWAP 3. followed by breakout of right trendline on normal volume, crossing VWAP. Ideal long entry. 4. price stayed outside of channel.. valid ...

Ivob's channels, volume, and VWAP thread (EUR/USD)

Interesting day... daily is about to breakout of a sym pennant and trendline... Bullish sentiment.

Ivob's channels, volume, and VWAP thread (EUR/USD)

This one is high opportunity and low risk... all conditions met 1. High volume period... (+500 ticks per 5 minutes) 2. AFTER the news 3. above and away from VWAP 4. We were having an upday 5. low volume.. after peaking volume 6. lower volume ...

Ivob's channels, volume, and VWAP thread (EUR/USD)

BO of shallow channel. These are the options. We should at least see an attempt for a point 3 up.

Ivob's channels, volume, and VWAP thread (EUR/USD)

Price goes down after it cannot go up anymore... (trendline a) Shorted at the second fbo, closed just now. Move looks similar to yesterday's. There should be some nice (short) opportunities around trendline b.. The question is will it continue to ...

Ivob's channels, volume, and VWAP thread (EUR/USD)

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Ivob's channels, volume, and VWAP thread (EUR/USD)

First VE (volatility extension) and then the long... Ivo

Ivob's channels, volume, and VWAP thread (EUR/USD)

choppy opening. Shallow downtrend. Will only take FBO's at the (right) trendline. (shorts) Will take longs only after VE (volatility extension: Blue Left trendline is pushed further away) or after BO to the upside and then wait for point 3 up. ...

Ivob's channels, volume, and VWAP thread (EUR/USD)