Intraday FX Player

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At first, some action starts just now. Asia nsession before 1:30 am "american exchange time"
/here 7:30 in Europe/ is usually dead.

Today it is complicated because any pivot line is too far from point where we are now. So there is missing "guiding line".
They need digest the problem a bit.

Btw, Yoohoo, where you are? I see on your time that somewhere in Asia but where exactly?
Thailand?
 
Yeah I noted that one as a short. :p

Didn't take one though cause going to visit dad in a hospital now, will be back a bit later.

As for emotion lines:

Honestly I don't yet fully understand how they are plotted. I am aware of the meaning of midpoint among candle traders, but anyway, still didn't understand the concept of emotion lines well enough...

As for argumental part, I really call for the following:

If someone has arguments against some other participant, indeed, the best way IMO is to contribute something that this person considers as having more value for the purpose of performance improvement of thread participants.

Real use is the best testing ever possible and the best judge of what is worth what.

So this way we'll stay in a constructive river-bed of the discussion and even opposite sides of the argue will bring just use, because it will be constructive dialogue of the tools and methods used, rather than emotional bashing of each other...

Hope everyone agrees with these points.

Be back later...
 
typically me, didn't catch the upmove on the higher timeframe, allthough I could 'feel' it going up, but definitely caught the bull by the horns on the 1 min. I excited at 76 but that was just by feel, were there any signs to get out ... I still need to improve my exits and cut my losses better ... any advice ?
 
Quote from cvds16:

typically me, didn't catch the upmove on the higher timeframe, allthough I could 'feel' it going up, but definitely caught the bull by the horns on the 1 min. I excited at 76 but that was just by feel, were there any signs to get out ... I still need to improve my exits and cut my losses better ... any advice ?
More...

Sometimes the up move is sneaky and you have to position yourself using the hourly. That's great feel CV and the 1 min reversal was a bit higher than that. To get closer you'd need tick charts and that a topic for the future. Feel is where the gut beats the brain to the answer.

The goal is to learn to see the flow and reverse. Try to always be in. Because you had brilliant feel but no logic you couldn't reverse. The main thing was to know we are going to attack the channel down so you could have positioned. If you reversed it was counter trend. If you exited you risked getting left behind unless you re enter on the swing up - nothing wrong with that.
 
yoohoo,

Still not catching the essense of emotion lines.

Is it something like a usual trendline, just plotted differently or something like median line (by Andrews)? :confused:
 
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