Some before and after (post-FOMC, post-close) pics of those charts posted on 12/13/2016 and earlier:
AUDUSD
SimpleFX Terminal:
EURUSD
SimpleFX Terminal:
GBPUSD
SimpleFX Terminal:
NZDUSD
TradersWay Terminal:
USDJPY
SimpleFX Terminal:
TradersWay Terminal:
I ended up setting two limit orders during London Open, a buy on EU at 1.071 (TP 1.0794) a sell on UJ at 114.427 and a buy on Silver at 16.45.
Ended up not taking anything AUD.
The USDX was just south of the equal lows composing of the bottom of the recently-distributed Distributions range. EURUSD was just above a level. USDJPY was just below a level. Silver was just above an LTF Gartley within a daily bats PRZ.
These orders never triggered.
USDX reversed 6 cents away from my line and then shanked 44 cents. This premature reversal resulted in:
Oh well, that is the risk you take using limit orders, placing the price of execution as a higher priority than whether or not you get a position (which is how it should be).
Maybe I’ll sink my teeth into something next session.
Peace, yo
Getting back in the London Open Groove.
Slammed a Red Bull and cranked up this https://www.youtube.com/watch?v=Zk26FUe38y0&t=9271s and “Talking Forex”.
This got me so in the zone that I neglected to post anything here. Whoops.
One trade went down today for me, GU sell.
GBPUSD was at a level I liked, so I copped a position.
Got my fill at the beginning of London.
After sideways consolidation into New York Open it became apparent what what happening – Distribution, the best case scenario for a sell. The trade hung around breakeven until about an hour and a half after NYO, then bam, bottom fell out of the distribution and we were well on our way to take profit during London Close.
Take profit was tapped during the London Close kill zone like clockwork.
Let’s see what happens tomorrow.
Peace, yo
Brownfield Fiat Radar 