London Breakout 1

[muthusai2000]

Daily S&R lines are most accurate when calculated by oneself.

Reason:

1. Broker charts do not show globally accepted FOREX day times.

2. Because of it 1d candle is misleading

3. Most accurate chart is 1h with it’s 24 candles.

FOREX day is from 5pm EST until close 4pm EST 1h candle and [B]not[/B] 00:00 AM EST until close 11pm EST 1h candle.

You calculate daily S&R lines once Sun-Thu after 5pm EST close.

Exception is Fri because it incorporates Sat and Sun until 4pm EST 1h candle close.

Hi Used,

Kindly enlighten how you calculate Daily S&R and Pivot manually and based on your calculation do you see a small/huge deviation from what the indicator has drawn in my charts ? It will be great if you reference the times using GMT instead of EST.

Thanks,
Muthu.

[system]

Kindly enlighten how you calculate Daily S&R and Pivot manually

Daily HLC taken from 1h candles.

Sorry, I am not going to do the work for you. If you want accurate S&R to trade off you need to do the work. I have given you all you need to DIY.

and based on your calculation do you see a small/huge deviation from what the indicator has drawn in my charts ?

Sorry, but your charts look like a spaghetti plate. I can’t make any sense from it.

It will be great if you reference the times using GMT instead of EST.

Anything else?

[system]

[B][I]Have you ever traded the Asian Session Breakout?

Trade the break of the Asian session high or session low. Simple rules, big profits.[/I][/B]

What happend to above post in this thread?

Has there ever been a discourse about it? Or has it just disappeared?

Thrown off the board like Mr. xtraction!

[d-pip]

Kindly enlighten how you calculate Daily S&R and Pivot manually and based on your calculation do you see a small/huge deviation from what the indicator has drawn in my charts ? It will be great if you reference the times using GMT instead of EST.

Thanks,
Muthu.

Muthu,
The Pivot Point info you’re asking about is right here in babypips land!
happy new year!

Pivot Points: Introduction to Pivot Points for Forex Currency Trading

Pivot Point Calculator: Free Online Calculations of Forex Pivot Points

[muthusai2000]

Muthu,
The Pivot Point info you’re asking about is right here in babypips land!
happy new year!

Pivot Points: Introduction to Pivot Points for Forex Currency Trading

Pivot Point Calculator: Free Online Calculations of Forex Pivot Points

Thank you d-pip and Happy New year to you too. I know there are still some nice people out here like you who knows how to answer a question that was put politely
Congratulations on post 300
Regards,
Muthu.

[system]

[B]how to answer a question[/B] that was put politely

Won’t do you any good if you don’t use correct FOREX day HLC from open 5pm EST to close 4pm EST 1h candle following day.

Indicator based retail crowd get’s bitten regularly because they are not using FOREX day HLC data.

That’s why by the time the retail crowd jumps on board the move is finished. Especially on choppy days and breakout plays.

Ever wondered why those retraces seem to happen when you pulled the trigger and just got in?

Your Pivots are totally out of whack. You [B]do not[/B] get moves like in your last chart around S3. Not like that.

[TalonD]

[B][I]Have you ever traded the Asian Session Breakout?

Trade the break of the Asian session high or session low. Simple rules, big profits.[/I][/B]

What happend to above post in this thread?

Has there ever been a discourse about it? Or has it just disappeared?

Thrown off the board like Mr. xtraction!

You mean like the ‘win ratio’ thread? London breakout of the asian range? Yep.

[system]

You mean like the ‘win ratio’ thread? London breakout of the asian range? Yep.

That’s all what I need to know.

So, the discussion I am referring to hasn’t taken place in this forum.

One of many. :rolleyes:

[R_Carter]

That’s all what I need to know.

So, the discussion I am referring to hasn’t taken place in this forum.

One of many. :rolleyes:

Am I missing something here… dooo tell. Maybe we can get this thread locked by admin. :D:D:D

[system]

Am I missing something here… dooo tell.

Well, you tell me.

Those two questions in that particular post were directed at you. And they are more than legitimate in this thread as far as I am concerned.

The post is gone.

Perhaps you could enlighten me. I haven’t been around for awhile.

[R_Carter]

Well, you tell me.

Those two questions in that particular post were directed at you. And they are more than legitimate in this thread as far as I am concerned.

The post is gone.

Perhaps you could enlighten me. I haven’t been around for awhile.

If youre refering to breakout of the Asian then no… two reasons first this threads about London breakout… clues in the title and second I’m not qualified to reply being UK side of the pond and not an owl… which strangely is why I didnt.

[TalonD]

this cryptic stuff is too confusing for my three brain cells.

ciao y’all

[d-pip]

Well, you tell me.

Those two questions in that particular post were directed at you. And they are more than legitimate in this thread as far as I am concerned.
[B][U]
The post is gone.[/U][/B]

Perhaps you could enlighten me. I haven’t been around for awhile.

the post isn’t gone… take a look at #505

[R_Carter]

the post isn’t gone… take a look at #505

Thanks for bringing me up to speed d-pip. Iggyd that **** awhile ago!

[muthusai2000]

[muthusai2000]

Regards,
Muthu.
Chennai.
India.

[muthusai2000]

Regards,
Muthu.
Chennai.
India.

[system]

the post isn’t gone… take a look at #505

Thanks, d-pip. I missed it.

After cleaning out the junk with the help of my ignore list this thread has become much more readable.

So, this discussion has not occured as stated before.

R Carter, no need to get iffy about it.

[muthusai2000]

[muthusai2000]

Regards,
Muthu.
Chennai.
India.