Still in the mofu zone. Will be hard to chew through the August cluster. As noted before A = A. image

The Swamp

These two moves have more in common: Both about 300 pips high and 23 days long.

The Swamp

We've got our own problems, particularly with (perceived) rising sealevels. My new house had to be built 1 meter (3'+) higher than my neighbours' existing ones. Don't get me started on trading hours, only the FOMC is manageable, its 7 am here now.

The Swamp

What size grid do you use? I use 5 pips, maybe too large?

The Swamp

It's Wednesday today, not yet Thursday for news items.

The Swamp

Sorry, I thought KO was Kr..t Open. Issue resolved.

Billytt Die happy trading e/j daily breakout

If I am not mistaken, this is actually the LO. The KO is one hour earlier.

Billytt Die happy trading e/j daily breakout

If you put a 20 ema on the chart, you will see that the 20 ema seems to push the candles out of the box. One of Volman's confirmations.

Billytt Die happy trading e/j daily breakout

Thanks Lem for your elaborate response, much appreciated. The reference above is very useful. I will use two identical set-ups for next week trading the gbpjpy on the 1 minute chart, one with and one without the cloud, see if it is useful to ME. ...

Billytt Die happy trading e/j daily breakout

Just one other question for you Lem, please. Can you elaborate on the Z-line or point me in the right direction, please. I have searched in FF, at the alien galaxy and Avery's You Tube videos, but no success, because the search engines won't look ...

Billytt Die happy trading e/j daily breakout

Lem, 20 ema with tick chart brings me back seven odd years to Bob Volman's 2011 book Forex Price Action Scalping. Don't know if you are familiar with his work. He basically has seven set-ups, 3 with trend: Double Doji, First Break and Second Break. ...

Billytt Die happy trading e/j daily breakout

Lem, have tried to ignore your Ichimoku for a while, but no longer, lol. What ma are you using, please? Standard setting for the Ichimoku I gather.

Billytt Die happy trading e/j daily breakout

I pointed that out to Claudia months ago, obviously still an issue. I am not a programmer myself, but understand that the program needs a couple of lines to see if it set the correct SL.

Billytt Die happy trading e/j daily breakout

Maybe so, but not traded according to the system though. According to the system you should be starting to think about shorting.

Pivot Trading

Sorry, Lem, now rectified.

Billytt Die happy trading e/j daily breakout

Having your cake and eating it too. 2 x 5+ image gbpusd 1 minute chart

Billytt Die happy trading e/j daily breakout

Understood. It's the combination of the two that is important. It is as if the midnight 4H bar sets the true value of the pair before the manipulation starts. There are then different scenarios for the combination of the two, one of them like ...

Billytt Die happy trading e/j daily breakout

Thanks, Lem, appreciated. So theoretically you could be trading the breakout of this 4 hour period at 4am your time or do you wait for a break only say after the London Open, around the same time as the 8.00 to 8.15 break? Good opportunity for ...

Billytt Die happy trading e/j daily breakout

Billy, can you please remind me when your 00-00 4 hour range break starts and ends in London real time. I traded the 08.00 - 08.15 for 5+ pips yesterday, could have been a lot more in hindsight which is always perfect of course.

Billytt Die happy trading e/j daily breakout

A few years ago they put melamine in baby powder, poisoning their own babies, just imagine what they will do to ours.

Pivot Trading