EURUSD session activity

  • Thread starter Liquid validity
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random12345

Established member
793 280
Though if you depend solely on the US session to put steak in the fridge then yeah... that might not be enjoyable.
 

Purple Brain

Experienced member
1,613 179
I can tell you from direct trading experience the range of movements in fx during the US session has been dismal for the past 2 years. What LV's chart doesn't show is High/Low range for the session. If the average candle is 10 pips but they are all 10 pips up, 10 pips down then it's untradeable. The UK session tends to trend much better.



I concur. After 11:30am NY time fx dies a horrible death on most days.

Peter
Is this because the bulk of FX trading which has been traditionally centered primarily around the London session has moved even more strongly into that time arc? If so, why is even less FX volume traded in the US these days than before? Over-regulation (aka Dodd-Frank)?
 

random12345

Established member
793 280
Is this because the bulk of FX trading which has been traditionally centered primarily around the London session has moved even more strongly into that time arc? If so, why is even less FX volume traded in the US these days than before? Over-regulation (aka Dodd-Frank)?

Volatility drops are debated again and again and normally when they peak with some kind of consensus for the reason, the vix or whatever explodes North.

I'm a firm believer that any kind of predictability, volatile or not, is beneficial and though boring, it has been predictable lately.

For me, I haven't seen a day outside of predicted gross movement since 31/7 on the U/J, which was FOMC misinterpretation. I lost money that day.
 
L

Liquid validity

0 0
EURUSD H1, plotted the open close as well this time.
Relationship pretty similar with m15.
 

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L

Liquid validity

0 0
I'm doing this from 2013 back to 2004.
I'll chuck the lot up if there is interest.
Any requests, shout out now - EURUSD only for time being though
as thats my primary interest :)
 

Purple Brain

Experienced member
1,613 179
That second chart tells a real story sir. Without looking at the charts you can tell it's a spikey little devil - lots of wick compared to body aka lots of volatility and no trend.

The traders at the shortest end of the trading timeframe spectrum see things a little differently I imagine.

Does anyone who typically trades on just one timeframe ever find themselves dropping down a level or two to catch smaller absolute pip moves but with a more tradeable trend in these circumstances or do you tend to just sit it out and wait for the patterns in your chosen timeframe - or trade something else which is showing signs of life in your chosen timeframe?

LV - excellent research, it's a pleasure to see a different approach to slicing the data.
 
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L

Liquid validity

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That second chart tells a real story sir. Without looking at the charts you can tell it's a spikey little devil - lots of wick compared to body aka lots of volatility and no trend.

The traders at the shortest end of the trading timeframe spectrum see things a little differently I imagine.

Does anyone who typically trades on just one timeframe ever find themselves dropping down a level or two to catch smaller absolute pip moves but with a more tradeable trend in these circumstances or do you tend to just sit it out and wait for the patterns in your chosen timeframe - or trade something else which is showing signs of life in your chosen timeframe?

LV - excellent research, it's a pleasure to see a different approach to slicing the data.
True about the ranging.
Personally I don't use time frames at all.
I use static session timing based on volatility.
Thereafter, trade management purely at tick level resolution.
 

Shakone

Senior member
2,458 665
I'm doing this from 2013 back to 2004.
I'll chuck the lot up if there is interest.
Any requests, shout out now - EURUSD only for time being though
as thats my primary interest :)

Since you offered... :)

Can you take the absolute value of the open-close and average that, and put it next to the hourly range.
 
L

Liquid validity

0 0
Since you offered... :)

Can you take the absolute value of the open-close and average that, and put it next to the hourly range.

You mean disregard the negative O/C values yes?
Plot them all as positives, i.e. same as Hi / Lo range?
If thats what you meant, yeah np, I should've done that anyway...tidier if nothing else.
 

Shakone

Senior member
2,458 665
You mean disregard the negative O/C values yes?
Plot them all as positives, i.e. same as Hi / Lo range?
If thats what you meant, yeah np, I should've done that anyway...tidier if nothing else.

Well I just think if you do the average of open-close, you get directions cancelling eachother and the final figure for the average becomes small. So yeah all positives.
 

random12345

Established member
793 280
Since you offered... :)

Can you take the absolute value of the open-close and average that, and put it next to the hourly range.

Funny as how we chat about all this, the E/U is spiking all over the place and generally being a bit sh!tty.

Odd action today. End of summer vacations mixed with war jitters, don't think anyone wants to be on the wrong side of that move.

Or err whatever it was that influences markets from the holy grail thread. I never actually figured it out.
 
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L

Liquid validity

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Well I just think if you do the average of open-close, you get directions cancelling eachother and the final figure for the average becomes small. So yeah all positives.

:LOL: slaps head, that took a while to click :eek:
**** me, I'm slipping...
Yeah no problem.
 
L

Liquid validity

0 0
Well I just think if you do the average of open-close, you get directions cancelling eachother and the final figure for the average becomes small. So yeah all positives.

Yeah, select range as array
=SUM(ABS(RANGE))
 
L

Liquid validity

0 0
Well I just think if you do the average of open-close, you get directions cancelling eachother and the final figure for the average becomes small. So yeah all positives.

Fixed it :)
I'll crack on with the whole lot now 04-13
unless there are any other suggestions.
May do daily Hi/Lo plot by date as well.
 

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  • EURUSD 2013 TIME OF DAY H1.PNG
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