When I say new idea, I mean new idea for me. Lol. I can't imagine there is anything new in forex anymore. But my pea sized brain has not had the time examine everything yet. I plan to make my analysis as simple as possible and without the aid of any ...

PA Zero

Indeed. There is always a filter, or a reason to take the trade, or not take the trade. One man's open, is another man's close.

Flying Dutchman

Looking at EURAUD today. Meets my criteria.

Flying Dutchman

took some longs in gold....got to prove the concept real time I think....also kinda met my first set of filters...

Flying Dutchman

Also gonna look to see if I can use the last two closes as a filter. Looking for two closes that are near each other. Then looking for a reason to do something above or below them. Anyone have any experience, or observations with configurations like ...

Flying Dutchman

Slim pickings again today. Only one pair meeting my criteria. PA closed below the close, with some room also.

Flying Dutchman

got a pullback here, so I tried it off the 15min where I saw a decent entry....

Flying Dutchman

not seeing a lot today either.... trying to remain disciplined...which has to be the eliminate battle, not only in trading...but in life...

Flying Dutchman

Looking at EURGBP, while it did not close below the Close 2 days ago, it did not get far. Market seems a tad weak to me. I will keep an eye on it.

Flying Dutchman

Any attempts at filtering will test your resolve to not trade. I took a quick look at my pairs and see no configurations that meet my criteria for tomorrow. Lets see how I do at not trading tomorrow.

Flying Dutchman

Its funny you say that because that's exactly what I've noticed. Its made it much easier to see which pairs I want to be involved with. I took some shorts on AUDCAD, but covered them once I decided to be a little more stringent on the condition that ...

Flying Dutchman

Silver had an inside day, and only marginally closed up. Prolly just going to watch this one. Anyway, I'll refrain from spamming the thread anymore. Again, random lines? Perhaps. Random information about past price action? Perhaps. But in the end, ...

Flying Dutchman

Certainly waiting for additional confirmation is going to increase your odds, I would suspect. Also it will depend on which TF's your are looking for your signals. I'm using the hourly. When you look at the daily chart, all this discussion is really ...

Flying Dutchman

Just took some longs on EURAUD. Not seeing much else.

Flying Dutchman

Kinda agree. AUDCAD had hit the close already when I attempted my long, so I could have argued against talking it.

Flying Dutchman

I'm not sure if I have any theories per se, and if I do, I probably won't make sense explaining them. Here are the basic points of my analysis using this method. 1. Did yesterdays PA touch the Open(if so, discard) 2a. If the Close is greater than ...

Flying Dutchman

Situation where I favor longs and will look for an opportunity through out the day, as long as it is above the close from 2 days ago. Again, random lines? A random selection? Perhaps. But maybe it makes sense to me, and allows me to filter ...

Flying Dutchman

Indeed. Looking for shorts only today in the EURUSD...EURJPY also The level placement, along with price reaction, or lack of, seem to provide a decent filter for trade candidates.

Flying Dutchman