T 2 was hit this morning, the actual high being a few pips above at the 61.8% fib....

Islander and Medici trade the European open

Trading in the direction of the Three Dragons helps to keep us in line with the actions of the BBs / Smart Money. At 14:24 GMT President Trump's latest anti EU trade threat of a 20% tarrif against EU car makers hit the wires and DAx immediatly ...

Islander and Medici trade the European open

This is the colour changing MA that I am currently using.....

Islander and Medici trade the European open

With the potential later in the year for an increase in interest rates, the outlook for cable becomes bullish... T1 already hit, T2 is at a Market Profile Pocket ~the BRN at 1.3300 With today's range at 158 pts vs 10 ADR of 90, IMO a pull back first ...

Islander and Medici trade the European open

Nearer to the BOE Announcement, I changed to cable....

Islander and Medici trade the European open

Hi Iggo.....back to Dax today....chart says it all......HV, WR action ~Levels.... as said MANY times before . Reagrds Islander

Islander and Medici trade the European open

a couple more hours have passed with two ~50% retraces - 09:47 & 11:45 and two fib expansions hit at 10:33 and 11:23 hit as new lows. Now there is a Higher Low in at 12:14 and so I am long from when the LWMA 15 changed colour with price above it. ...

Islander and Medici trade the European open

An hour has passed with a VWRB + HV at 08:24 as the BBs pushed cable lower - actually towards a Price Projection ~1.3170 that I have on my Daily Chart. Buying / Profit Taking was clear to see in the new low at 08:24 with huge volume in that red ...

Islander and Medici trade the European open

For those that like to trade off the 1 min chart, I posted this earlier in my old thread.... "Chart with the action so far....selling from FO, 3 units as all 3 MAs were Red. Buy 1 unit after Higher Low as the BRN held and the 15 LWMA turned up ...

Cable Update (GBPUSD)

Chart with the action so far....selling from FO, 3 units as all 3 MAs were Red. Buy 1 unit after Higher Low as the BRN held and the 15 LWMA turned up (blue) Sell 3 units after the LH, expecting a new low as the BBs look for the stops of the new ...

Islander and Medici trade the European open

Edit: Closed for +10 pips - proper ones!

Islander and Medici trade the European open

Yes High Volume & Wide Ranged Body both are important clues as to the action of the Big Boys / Smart Money I was short 3 units in cable into FO banking ~its BRN Now long 1 unit cable with tight stop.....M1 15 LWA just changed colour - turned ...

Islander and Medici trade the European open

Its simpler than that.....Trade in the direction of the lwma 15 x 1 unit. IF the ema 100 is the same colour (slope) as the lwma 15, trade 2 units. If the lwma 500 is the same colour (slope) as the other 2 MAs, trade 3 units. So right now in Cable, ...

Islander and Medici trade the European open

and they even work on this 20 second chart

vsa with Malcolm

Hi - indeed, not often used, but its the m5 100 EMA and in the context of the Three Dragons used for position size, it works quite well Best Islander PS Since the US opened, the Big Dogs have been keeping € in two narrow ranges whilst they run the ...

Islander and Medici trade the European open

As Dax is no longer as attractive to trade as a couple of years ago, I often find myself trading € or cable. This morning it has been €.... Right now, some 100 mins of consolidation whilst we wait to see what the US Traders are going to do....same ...

Islander and Medici trade the European open

My apologies - I was missled by the title of your thread - I'll post my charts in our old thread "Islander and Medici trade the European Open".... Regards

Scalping the EUR at the European open

Noticed this thread and thought a couple of my 1 min charts might be of interest..... The Three Dragons idea is from my work some years ago with Sonic.....its a simple way of keeping the profitable side of the market with varying levels of ...

Scalping the EUR at the European open

Sorry, no and given that it appears to be some form of high speed scalping, if whatever he was doing worked back then, it might not do so now with all of the Smart Money Algos that are now being used....

Islander and Medici trade the European open

Thanks for the update DD - saves me looking for info

Market Profile (MP) levels/targets for DAX DOW NQ