Due RayOriginally Posted by ;
London open - waiting for clear signals. Seeing market structures and its zones...
euro only hit sell limitation ... obviously it is nevertheless trapping traders, direction not clear yet... waiting
gj is retesting yesterday's high... as price nearing previous high... I kinda fade it
managing positions now...
Of course as always... I am responsible for me. Can I ask which time zones/sessions you trade in from where you are?Originally Posted by ;
Alex
actively trading london and new york... but I am downunderOriginally Posted by ;
New York - you must be working very late then - of course not certain where you are in Oz. Sorry not trying to pry - just wondered trading times in Oz before - actually my guy has wondered that - you've got nice skydive weather. .Originally Posted by ;
Alex
skydiving, not me no extreme sports for me... fishing I suggest but anyhow good weather for both.Originally Posted by ;
Sadly I don't have that stamina, I typically stayed 3 hours following new york open... the most.
I apologise if this seems ridiculous question but in your eurusd as instance - you're noting size of candle thrusts up and down - are you comparing distance hauled over time (eg 5 candles went x distance) for measure of strength/weakness or for goals eg next thrust might be like last (or not)?
I count candles (all the time) for sign of strength/weakness but am not certain in my analysis -I'm trying to learn by doing TBH. I look at lots of candles barely travelling everywhere compared to the previous thrust that sort of stuff to indie where strength is - although occasionally the more price remains in a direction in time can give indiion that price may reverse that manner - so not yet clear to me on my sort of inference from distance travelled over time - too it's possible to get some pulses that go nowhere much until it runs strong that direction. I'm getting better at viewing new strength/weakness based on few candles went farther than any other streak to reveal direction.
Alex