knglerxst wrote: Wed Jun 21, 2023 7:28 am

It's the mean 9, I just changed the offset to 36

Jedidiah wrote: Wed Nov 02, 2022 1:45 am

Also see
Murrey math only over bough over sold levels also same page

Waited all day for this move only for it to happen when I was sleeping during the Tokyo session.

Using both 1hr and 15min TFs greatly helps with directional trading.
Also, keep in mind price off the daily open line.
Xard777

Xard, your Index Entry has been a very good and major addition to my trading system as of recent.
I will like to know the foundational concept with which it is drawn ..

Thanks and well done to everyone on this platform. You guys are the best.

xard777 wrote: Sun Jun 25, 2023 11:45 pm Using both 1hr and 15min TFs greatly helps with directional trading.
Also, keep in mind price off the daily open line.
Xard777

I am a bit confused on how exactly the "off the daily open line" should be interpreted:
Taking as an example your XAUUSD M15, after the 04:45 low:

• Wait for crossing the daily open, finding resistance, getting a second dot below at 08:45 and crossing above for long? (The "off" part means to get a bounce round the open line?)

• Or is it just that the price crossed the daily open from below? (The "off" part means to just cross the open line?)

xard777 wrote: Sun Jun 25, 2023 11:45 pm Using both 1hr and 15min TFs greatly helps with directional trading.
Also, keep in mind price off the daily open line.
Xard777

chris006 wrote: Mon Jun 26, 2023 2:27 am I am a bit confused on how exactly the "off the daily open line" should be interpreted:
Taking as an example your XAUUSD M15, after the 04:45 low:

• Wait for crossing the daily open, finding resistance, getting a second dot below at 08:45 and crossing above for long? (The "off" part means to get a bounce round the open line?)

• Or is it just that the price crossed the daily open from below? (The "off" part means to just cross the open line?)

Try to think of the daily open cross, as the expansion of the daily candle, if gold was moving up, below the daily line has created the "wick" of the daily candle, and now it is working on expanding the body of the daily candle.

it's a way to interpret the daily bias

So you offer another interpretation, that of the daily candle being expanded into new territory, the Bid Ratio to be at 100% and price to continue in that direction.
What do other people think regarding the "off" part?

Gethsemane wrote: Mon Jun 26, 2023 2:45 am Try to think of the daily open cross, as the expansion of the daily candle, if gold was moving up, below the daily line has created the "wick" of the daily candle, and now it is working on expanding the body of the daily candle.

it's a way to interpret the daily bias

Good start for the week. Easy 50pips on London open. Hopefully we get another entry during NY session. XU-39 still my best template. Best price action dots/arrows for M15.

I slept in today, so I missed the nice down move. However, I have been able to take two up moves on the 5min while making breakfast (as you do:-)
Xard777