It is Ok to have these opening session ranges on your chart, but you musn't lose sight of the market structure that is forming around these ranges.

Flying Dutchman

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Flying Dutchman

you also, enjoy the break and wishing all a prosperous New Year.

Flying Dutchman

You don't need maths, use the built in fib tool. Set at 3 levels, 0%, 50% & 100% Frequency is easy to see, look for Doji candles on a daily chart, open & close of day should be almost the same. What does happen frequently is previous highs & lows ...

Flying Dutchman

JINGLE BELLS TO ALL video

Flying Dutchman

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Flying Dutchman

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Flying Dutchman

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Flying Dutchman

You have to buy the whole kit including the Turban for it to work : image

Flying Dutchman

I did a mod to an existing indicator a while back that gives you a mid price of any session you choose : url The one FWR mentions is found in the Commercial Forum on FF

Flying Dutchman

Yellow Line looks like the NY Close. The Current Day Open line is below the gap

Flying Dutchman

Best movie to watch pit trading : Trading Places with a Brilliant cast featuring Dan Akroyd, Eddie Murphy, Jamie Lee-Curtis, Don ameche, Ralph Bellamy & Denho;me Elliott. video

Flying Dutchman

They stood in the pit with a piece of paper with the Pivot numbers, if price went above R2 they would Sell & Buy if price went below S2 Compare open price with PP to get the direction. I think it worked well with Stocks. No Moving averages, charts ...

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They used Pivot Points, wrote down all the numbers from the previous days trading, S3, S2, S1, PP, R1, R2, R3, etc. They would act on whether price was ripe for a Sell or a Buy based on where price was on their piece of paper. What happened in the ...

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Another level of context, you ask the right questions.........................

Flying Dutchman

Same with the weather, if it is raining 2 days consecutively, what are the chances it will rain on the 3rd day ? Context : Winter, Spring, Summer or Fall ?

Flying Dutchman

Still 50:50 Context is more important than sequence of bars.

Flying Dutchman

I wouldn't dwell too much on FVG. They happen now & again during High Impact News Events. They get filled sometimes in the same session or more often days or weeks later. It is only a part of Market Structure, the fractal nature of the market that ...

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Lines mark Boundaries, Ranges. Lines mark Market Structure Lines mark Market Opens, Day, Week & Month Lines mark Major MA's levels \ Fibs \ Pivots (Optional). Lines mark plan of Entry, Stoploss, & Take Profit(s).

Flying Dutchman

You are subjective and objective at the same time. The subjective part is always a price, a level, a line, a structure that you observe and when your conditions for engagement are met, be it a touch, a cross or a flip, whatever that is, is the ...

Flying Dutchman