First trade of the night... Just doing some warmups before EU session... Need to get some coffee before the real games begin!!! Two pullback cycles while positive momentum stayed high and deceleration of trend wasn't significant! Bought in on the ...

The elements of Trend and some Rules

I'm analyzing the range vs trend speed ratio as the market goes into a move. If the market is under a combined momentum/acceleration of five pips per hour on the 5m after two upward wave cycles it tends to collapse immediately during EU session. Off ...

The elements of Trend and some Rules

The 95% is just acts like a drifting pinball readily having their emotions being set into motion in a direction at the will of bigger players through the entire trading session. It only takes one good poker player to dominate an entire table.

OMG! I discovered the correct Forex Daily Pivot time zone!

One of the things that is very annoying in this market is that knight capital and other firms nowadays run small stocks and don't allow new guys in to control them. A few years ago I was experimenting with manipulating small active penny stocks. ...

OMG! I discovered the correct Forex Daily Pivot time zone!

One of the things I love about the S&P 500 is that it follows a precise range break and time ruleset in it's trading. This rule-set was designed back in the 1930's or so when the first groups of people started to control and manipulate stocks. They ...

OMG! I discovered the correct Forex Daily Pivot time zone!

The automated alogos and the banks use this pivot system. Anyway... It also matches with another system a large amount of professional traders are using. A large amount of people are using these pivots without realizing it. It only really matters ...

OMG! I discovered the correct Forex Daily Pivot time zone!

There are support and resistance areas every 10, 20, 50, and 100 pips. The minor levels have more to do with how people are structuring their orders as they are trading. They are 10 and 20 pips from swing lows and swing highs... Certain futures ...

Round Rumbers S/R

If you don't see a statistically significant amount of precise to the pip or within a couple pip accuracy price turns on your daily/weekly pivots... Inside two days of price action... You have the wrong formula, or the wrong time zone... Anyway... ...

OMG! I discovered the correct Forex Daily Pivot time zone!

Most people don't have the correct pivots formula. Heck... SierraChart comes with like 20 pivot formulas and none of them were the proper formula. If you have the proper formula the market will turn at the levels to the pip exactly during low ...

OMG! I discovered the correct Forex Daily Pivot time zone!

I have monitored pivots extensively across different timeframes. Yearly pivots are physiologically important enough for traders that they can cause trend changes for weeks. Monthly and weekly pivots trigger trend changes for a few hours at most. ...

OMG! I discovered the correct Forex Daily Pivot time zone!

Well... Bought some euros after bouncing on the pivot for a while with a buy signal. Solid trade! Timed the bottom within a pip. Works for me! Still would have gotten the trade even without pivots, but it definitely does help time entries/exits ...

OMG! I discovered the correct Forex Daily Pivot time zone!

I think it's been statistically proven that short term reactions to news are totally unpredictive when it comes to price trend... The trend after news kinda just depends upon if people bought/sold rumors leading up to the news or not. News alone for ...

The Useless Forex Calendar... yes or no?

Things really have a lot to do with the different trading sessions IMO... Starting at 9AM in Brussels(Green Highlight) going into the start of US time(Yellow Highlight), then off hours marked with a red highlight under it... Notice how ranges are ...

The elements of Trend and some Rules

If your positioned high enough or low enough relative to the range and the trend starts to shift on you unexpectedly... You can usually adjust position on a bounce/dip back toward median and get out with a slight profit or breakeven. I very rarely ...

The elements of Trend and some Rules

I only position in/out of the market at my signal candles. I have actually a couple different strategies depending upon market conditions. Some trending strategies involve buying candle 1 and selling into candle 3-5. My range strategies involve ...

The elements of Trend and some Rules

I use 20,30,10 for MACD settings. It won't match exactly because of my filtering tweaks and how I set multipliers at different places different than the standard formulas. Range/Volatility is simply the range of moment within a certain amount of ...

The elements of Trend and some Rules

Here are a couple extra tricks when it comes to news... If price rallies for hours before a big news release that is good news... The good news when it comes out is most likely pretty much priced in. Rallying strongly for hours before news = rumor ...

The Useless Forex Calendar... yes or no?

Your interpreting economic data incorrectly... Ill show you what goes through my head as I analyze economic data as I trade. This is the best way to show you how I successfully use it... 2:00am EUR German WPI m/m - SEP 11th As I was watching price ...

The Useless Forex Calendar... yes or no?