[walterw]

Originally Posted by Don4 »

Ok walter, Like you said there are many different options we have here.In your opinion which do you feel is the best for momentum conditions Icon or Flip?

I didnt see this question before, so did not respond it... sorry for that..

Now as you already showed, the icon integration to this FHR context certainly its a powerfull one... in terms of "flip", I think it would be a complete separate alternative inside the FHR trades... it will be obviously in the centrifugal action cathegory, wich suggests momentum eventually... now, so far backtesting you can see lots of flips on this FHR levels... So the FHR Flip would be another FHR trades...

So far we could have this FHR trades :

Centrifugal :

_ Momentum FHR
_ FHR Flip


Centripetal :
_ Cycle FHR
_ Cycle Fibo FHR
_ Cycle Back FHR

[walterw]

Ok here I attach some charts to meditate on ammmmmmm ammmmmm
cheers Walter.

[Don4]

I was away today, didnt get a chance to look at charts but it seems there were many different types of trades today!

[Don4]

Ok walter, as we have noticed that many many times most of our FHR trades are always at daily support or resistance not always but most of the time. It seems as the flip would be the quickest way to enter a position without waiting for to much conformation,your thoughts!

[walterw]

Originally Posted by Don4 »

Ok walter, as we have noticed that many many times most of our FHR trades are always at daily support or resistance not always but most of the time. It seems as the flip would be the quickest way to enter a position without waiting for to much conformation,your thoughts!

Yes Don I also noticed that... seems like "flips" are very solid on this FHR levels... its interesting how we are evolving here... previous technicals ideas being combined with new ones... I never expected that we would come with something like this... cheers Walter.

[walterw]

Hello dear fellow traders, today is monday july 2... and it has been so far an interesting day to see how FHR trades worked...

I must mention here some aspects I had been taking into consideration about our FHR trades till now... we are taking the Range of the hour previous to London open.... now, this hour happens to be the first hour of session from Europe, wich opens one hour earlier than London, thats why generally we have an important range... and when you have such an important range, breaking it may mean a lot... thats why so far I am impressed to see the flips that happen on this levels once broken...

I attach todays usd/jpy and gbp/usd 1 min chart... cheers Walter.

Originally Posted by walterw »

Hello dear fellow traders, today is monday july 2... and it has been so far an interesting day to see how FHR trades worked...

I must mention here some aspects I had been taking into consideration about our FHR trades till now... we are taking the Range of the hour previous to London open.... now, this hour happens to be the first hour of session from Europe, wich opens one hour earlier than London, thats why generally we have an important range... and when you have such an important range, breaking it may mean a lot... thats why so far I am impressed to see the flips that happen on this levels once broken...

I attach todays usd/jpy and gbp/usd 1 min chart... cheers Walter.

Guess this finally answers my question from earlier in the week above....

http://www.traderslaboratory.com/for...html#post13356

thxs

[walterw]

Originally Posted by cooter »

Guess this finally answers my question from earlier in the week above....

http://www.traderslaboratory.com/for...html#post13356

thxs

Yes Cooter, actually I really did not understand much what you posted at that time because I am very new to forex... but yes thats the concept really just like you posted there... I think these levels can not be dismissed by any serious forex trader... they are pivotal... cheers Walter.