Recent content by romzilla

It could be so. Or it is volume that is transfered in each brokers company. But since the profile of all traders in the world is the same then it could serve as an indicator.

Yesterday the breakout started at 8 not 7 GMT. Maybe today is the same thing?

I use charts from MT4 platform for comparation. There is a volume indicator there. Usually breaks occur when there are spices in volume.

Today it is close to long trade. But I am not sure. The volume is to small just like yesterday.

I have a buy level 1.6311 but the price just keeps going up and down

Went short after the breakout of 6am candle. Took 13pips. Sorry for not being discipline to go with the strategy! P.S. Signed with IG markets, thank you Claudia

So basically entry points are green lines in the chart? Not the red 1 and 3?

Thank you for the answer Gramme! Can you please take a look at my chart in previous page. Line 1 and 3 are entry point drawn by high and low prise. But you suggest to take in consideration the body.

You have a good point there Claudia. Just clearing details for myself/ I am not sure how to deal with spikes and what can be considered a spike if it should be ignored.

Thank you for the chart Neil! Here is mine. As I understode even if 6am andle is a spike it should be considered as sell entry point? Line 3 in the chart.

I agree. Just trying to know what people think about this. Maybe someone has a good idea and its always hales to share the knowledge. Maybe someone could post there charts with entry levels for graphic illustration?

I am not trying to beat the result. Just a conformation for the move. Sometime spikes like today y at 6am can make entry levels misc so a false breakout can be taken.

How do you look at the possibility to post entry levels before the trading session? Found some interesting issue in Big Ben strategy, that can help predict the movement in early overs. By analysing the overnight trend of related pairs like USD/JPY, EUR/USD that are traded in Asian session we can...

Overnight showed sell 1.6436 buy 1.6466 levels just asking to break out. But 6am candle already broke it and moved down to 1.6383. What should we do if there is such spike in pattern?

What levels did you have? 6am candle broke down from the others.