Only managed 9 pips higher before the sellers stepped in and pushed price down to new lows for today...

Islander and Medici trade the European open

Indeed, as I did some 45 minutes ago after the Wide Ranged M5 candle with Very High Volume made a new low ~MS 1 As Tom Williams said, strength appears in high volumed down moves Now its time to take a look at Dow / S&P....

EURUSD only

8.25 gmt there was a Higher Low > the **25 SS so buy off m1 chart and take partials at MR 2 / fib expn.... Edit: Remainder closed on trailed SL after M 1 LH.....I was AFK !

EURUSD only

GM Buying thepull back to yesterday's close - also ~ 50% retrace was a high probability trade. Took partials at T 2 - the 1.618 expansion and will look to add back on any retrace into the fib levels....~the 50 would be nice....TWT My hourly chart ...

Islander and Medici trade the European open

Price only pulled back to the first fib at .286, so added back. Now after the second attempt to break out up has failed in a m1 bearish engulfer at the new high so close all longs & then m5 shooting star, followed by bearish engulfer Now sit on ...

EURUSD only

My hourly chart...

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GM Buying thepull back to yesterday's close - also ~ 50% retrace was a high probability trade. Took partials at T 2 - the 1.618 expansion and will look to add back on any retrace into the fib levels....~the 50 would be nice....TWT My hourly chart ...

EURUSD only

and it did

EURUSD only

The pull back was to that level - also MR 1 level - from where a slow grind, so far up on low volumes to R1.....a continuation up to MR 2 will close that WRB HG, perhaps around the time of the US Data......TWT

EURUSD only

and my M5 chart.....I have traded both ways since before FO, now flat... The AustroAsian Session has given a developing POC at 1.1684

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GM.....so far price held ~that upper POC off my daily chart. However, I expect that WRB HG to be filled at some time.

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A further thought provoking post Firstly, as you said earlier: "The greatest benefit and the only edge that we Retail traders have over Institutional trading is: we don't have to trade all the time. We can choose to do nothing whenever we ...

EURUSD only

Well put. There is plenty of information posted in this thread of where to expect price to go, little if any of when this might happen.....that requires more thought / research to work it out - but the info is there PS. Nice charts too - ...

EURUSD only

Thank you for your clear, clean, clear, naked (no indicators) charts - 20 / 30 candles / time frame are sufficient. Need more info, simple - move up a time frame. Here's my take on the action around the low - posted elsewhere.... "Here's a more ...

EURUSD only

Here's a more detailed look at the action around the turn at 08:40 GMT on Friday morning...... 1. Pre London Open there was a Lower High followed by the Wide Ranged Body - a red Marubozo (M) + vol increased 2. A Very High Volume (activity) BUT a ...

Islander and Medici trade the European open

The poor US Data at 14:00 GMT triggered some buying in € with an UWRB with UHV on the m1 chart and after a retest of S1 price got back up to the DP an hour later and then Yest Cls

Islander and Medici trade the European open

IMO this is not a good time to be trading €......whilst there is normally some activity as the early US Traders get to their desks - USO 1 - this often slows down as USO 2 - the NYSE Open - approaches and trading focuses on Dow, S&P etc...

Islander and Medici trade the European open

Posted elsewhere....might interest some here.... Quoting Islander That WRB HG is a magnet for price. Two HLs so expect that area to be visited sooner rather than later image and so it did - a nice move for those of us who trade the short time ...

EURUSD only

and so it did - a nice move for those of us who trade the short time frames intra day Edit: Soz - I missed the 2 x HLs off my chart. Chart updated

Islander and Medici trade the European open

For any traders who may be interested in learning more about Wide Ranged Bodies (bars) with Hidden Gaps I have attached a word doc with some basic information. You may also like to check out the posts made by HiddenGap in various forums.

Islander and Medici trade the European open