This is how the market thrives. by trapping traders into wrong positions, thereby creating the liquidity to move the market in their direction. If we can spot the traps, we can try our best to avoid them and only get on board after the trap has been ...

Flying Dutchman

Just need to understand which part of the cycle you are at and be patient : image Don't be Buying when market is in distribution phase and be Selling when market is in Accumulation.

Accumulation, manipulation, distribution

[quote=Altopium;15082259] Hi, be very careful using these concepts on Forex. Because they don't exist on the foreign exchange markets. Forex has no trend, but is the relationship of two currencies. You must therefore isolate the currencies and study ...

Accumulation, manipulation, distribution

I have dropped Pivots altogether now from my charts, too many lines to contend with & interpret. Nothing beats the Prev. Daily & Weekly Highs / Lows, Daily & Weekly Opens and ofc the NY Closes. GJ today bounces off this Weeks Open with PD NY Close ...

Flying Dutchman

How does your first chart show you Market Structure ? Who is in control & where ? Your second chart accumulation is drawn incorrectly imo. Look again. The Gap Up can be deemed as an Engulf of the previous Friday Bear Candle, can it not ? As does the ...

Accumulation, manipulation, distribution

I said the purple area is the Mark Up as it left an accumulation zone. Forex has a tendency to Gap over the weekend, the Accumulation is occuring in the Gap between the NY Close and the Sydney Open, the "Spring" you are looking for was both ways Up ...

Accumulation, manipulation, distribution

The purple part is the mark up from the previous zone( not entirely visible) where the Sell Orders are being absorbed. You have to look at the context of a reversal from accumulation or distribution of the prevailing trend (Mark Up or Mark Down). ...

Accumulation, manipulation, distribution

Only a thousand ?

Flying Dutchman

First candle of opening on a monday after NY Close on a friday, gaps, price resetting etc. happens on all instruments.

Daily or Higher Timeframe Trading

These type of indicators repaint massively, past will always look good, try it in strategy tester using past charts.

Accumulation, manipulation, distribution

Googled the author of the idea behind the indicator and this result came up : url

Accumulation, manipulation, distribution

The different market sessions of course all work together to take the market in one direction, faking for a move higher, when GBP sentiment was always going to be down on poor GDP yesterday. When NY opens with Higher than expected Retail Sales, we ...

Flying Dutchman

20 years, now for that well earned rest ................? image

Twee retires!

Not just Daily Highs & Lows but Weekly Highs & Lows to consider. PDH,PDL PWH & PWL are fraught with danger. image

MTF Engulf / Engulf fail

If you set the Ext Dev (first parameter) to the Fractal you require, eg. 5 candles set up, then set it at 5 then all the other two parameters set at 0 , then near as dammit you will see the same indications as Fractals. You can always remove the ...

Searching for fractals indicator

This one does what you want & more : file file

Searching for fractals indicator

image image

Flying Dutchman

Did you say rational behaviour ? IMHO, It's Pure Fear & Greed

Flying Dutchman

Then next weekend The US clocks go back............ Why not together with UK & EU ?

MTF Engulf / Engulf fail

It's a bit like the selective attention test : video

Flying Dutchman