@dansota


hi Dansota, no indicators on that chart, only price action and the ninja drawing tool

I'm with you guys in your thinking, until the math gives me the heads up!!

All the calculating I have done about this have led me to pretty much the same numbers as the prices,
the same prices that are unfolding at the opening hours of the markets mentioned previously.

(LONDON/NEW YORK,...and the MidPoint of NY midnight open till the 19:00hr EST)

And to make it easier for myself, I just started watching those prices without doing any more calculus!!

And it has proven to be more then I expected!! And, it is so very simple and very effective.



In order to travel, you need to have three points.

1. Starting
2. Destination
3. Dimensional

......these three prices are just that, the market revolves around them, every single day, and it keeps moving in a spiral.

as I see it, this is in a way the truest form of price action trading, since you have your three price pillars to help guide you through!!!

....anyone can trade the market if they can first truly see the market.

I attached a shot of TF (Russell emini) for the period 8/28/12 midnight( EST) to 8/30 4 a.m. (EST)
results will apply to the NY open on 8/30/12 at 9:30 a.m.

Based on the instructions for calculations -

London opened (8/30/12 @ 4:00 a.m. EST) at 812.50

which is LOWER than the MID-POINT of 815.40

MID-POINT calculated using "TF" yesterdays' Hi/Lo (between 8/28 midnight and 8/29 7 p.m. EST, squared root = 815.40, designated "MID-POINT")

Conclusion: London opened LOWER than the MID-POINT means NY will OPEN LOWER on on 8/30/12 at 9:30 a.m. EST

ultimately, TF price will work itself back to the MID-POINT price of 815.40.

Is this interpretation accurate?

Thanks for reviewing.