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ivob replied Feb 27, 2018preflight check range so far only 33 pips... Extension to one side expected quite soon but impossible to say where it goes first In the majority of the cases the high/low of day is reached in beginning of day. daily still in a uptrend. 4h says up as ...
EURUSD only
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ivob replied Feb 26, 2018Buy or sell what? Here's where I bought (no, it's not rocket science..). I sold 1/3 at BO, 1/3 later on and got stopped out for 1/3 at BE. The buy is at BO (breakout) of the pinbar, after which decreasing green volume is expected. If that doesn't ...
EURUSD only
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ivob replied Feb 26, 2018I'd say it depends on the context in which the pattern appears.
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ivob replied Feb 26, 2018You have to be smarter!! For instance.. during slow hours I see perfect patterns... failing, again and again. Why? Marketmakers create those patterns to fool people!! Especially on the short timeframe. If something really worked all the time and I ...
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ivob replied Feb 26, 2018Senseless discussion, one can only say "Patterns don't work for me.."... For some people astrology works!! Ivo
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ivob replied Feb 26, 2018Just exactly my way of thinking in this trade: There are 2 types of change... VERY low volume at extreme and then high volume the other way (usually at slow hours) or HIGH volume at the extreme and lower volume the other way. So we get pinbar at ...
EURUSD only
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ivob replied Feb 26, 2018+99 pips so far. No more open positions. 100 would be nice... bias CLEARLY down as long as in this channel. image
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ivob replied Feb 26, 2018Will hold, I think it may go up more. But took partial profits, day is good already. Seems to me like one of those forever grinding (up) days...so far. BO on 4H is significant and with high volume + only 12 minutes to go I do not expect FBO Ivo
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ivob replied Feb 26, 2018Well price always keeps on doing what it is doing until it changes doing that. "predicting" that this or that will happen is a problem for the mind because we look for confirmation and we cannot see it anymore when something else (that may be very ...
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ivob replied Feb 26, 2018Lots of speculation about what it "could" do... (it could do anything!) But what did it do? What is it doing now?
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ivob replied Feb 26, 2018preflight check (I'm actually in already) Right now we're trading within Friday's range... Price has tried the complete range of 54 pips. This is important.. We're at the top of the range and price is accepted. The daily is in a shallow uptrend. For ...
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ivob replied Feb 23, 2018hate that word... market just says exit..sometimes after 1 minute and sometimes after 10 hours...
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ivob replied Feb 23, 2018Thanks, took profits on 2 portions already. Been going in and out quickly today, +60pips :-)
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ivob replied Feb 23, 2018Still some resistance but if it takes this one it may go parabolic.. (high of day and beyond).. Ivo
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ivob replied Feb 23, 2018You can be experienced and still ask others how they trade. For instance I am very curious about your positions. (I usually take the other side)... ;-)
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ivob replied Feb 23, 2018You must be more patient and think in 1-2-3 ;-) >a nearly equal possibility to price doing exactly opposite of expected True... just stay in when on the right side. Ivo
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ivob replied Feb 23, 2018So I took it, this bar triggered my attention... high volume..small range at interesting location, taken out by next few candles. Volume is very important, it precedes price. cannot believe it when people say something like Forex doesn't have ...
EURUSD only
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ivob replied Feb 23, 2018preflight check. We're exactly inside yesterday's range creating a sym pennant now. Volume is low...will end lower than yesterday. We're projecting at 62% of yesterday's. Heavy support around yesterday's lows. The daily bounced of trendline to the ...
EURUSD only