Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Volman Style (70-tick chart) 393 replies

The Dissent Channel: Volman Price Action 30 replies

Understanding Price Action by Bob Volman (notes and examples) 96 replies

Bob Volman & TMT System 16 replies

pls share your journey 10 replies

Attachments: Volman meets Burke or My journey with PA
Exit Attachments

Volman meets Burke or My journey with PA

Quoting turnip15
{quote} Later that day @spzd At some point do you think price will return to the open today ? {image}
OK BW
Mark ... Either you understand or you don't, and that is that.
Quoting turnip15
{quote} Later that day @spzd At some point do you think price will return to the open today ? {image}
With the MES it could decide to come back.
Mark ... Either you understand or you don't, and that is that.
Quoting spzd
ADR is acceptable to get an idea of where a high or low may be starting to be put in place. I do not use it. (Not to brag) my PA understanding has gotten to the point I let price, and my few tools, tell me most everything.
Broke the ADR high
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_2022-11-23_16-12-43_36ac1.png Size: 120 KB
every Saint has a past. Every Sinner has a Future
On the M1 you can clearly see how price moves. A "trend" starts. This is the rejective property of equilibrium. Price wants to always move away from its equilibrium.

I know this makes for a conundrum. In the one case price wants to come to, and in the other price wants to go away. This is where learning to understand how price moves and start to see when it may possibly move into a range or even reversal. And yes, you can see these moves as price creates certain behaviors.
Mark ... Either you understand or you don't, and that is that.
This is National Fibonacci Day in the US.

Attached Image (click to enlarge)
Click to Enlarge Name: 11.23.2022.png Size: 1.0 MB
Mark ... Either you understand or you don't, and that is that.
Quoting turnip15
What I have drawn pre - New York Open. Looking at bluesteeles one hour thingy {image} {image} {image}
SP500 chugging away.
Bit uncertain what to do now so I am going to call it a day for now. My head is hurting again.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: US500_2022-11-23_16-26-43_0e914.png Size: 139 KB
Click to Enlarge Name: US500_2022-11-23_16-23-15_5a911.png Size: 108 KB
every Saint has a past. Every Sinner has a Future
Quoting turnip15
{quote} SP500 chugging away. Bit uncertain what to do now so I am going to call it a day for now. My head is hurting again. {image} {image}
It may be done until next week.
Mark ... Either you understand or you don't, and that is that.
Quoting OAPDave
Sometimes your eyes may need a little help when trading on the 1min {image}
I'm good, thanks.

Attached Image (click to enlarge)
Click to Enlarge Name: MES-Good.png Size: 42 KB
Mark ... Either you understand or you don't, and that is that.
Quoting turnip15
{quote} Later that day @spzd At some point do you think price will return to the open today ? {image}
Bingo you called it.
Mark ... Either you understand or you don't, and that is that.
Quoting turnip15
{quote} Later that day @spzd At some point do you think price will return to the open today ? {image}
Where have we seen that before ? The box has held price tags the open 2x... Low risk high prob6trade once again .. and if price moved the other way your out with a small loss... Patience as always...

Cheers
Blue
The Best Loser Wins
One hour box starts
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD_2022-11-24_08-12-22_3f56c.png Size: 154 KB
Click to Enlarge Name: GBPUSD_2022-11-24_08-14-21_ac42b.png Size: 109 KB
Click to Enlarge Name: GER30_2022-11-24_08-16-37_4c5f8.png Size: 118 KB
Click to Enlarge Name: GER30_2022-11-24_08-17-14_eca9e.png Size: 105 KB
every Saint has a past. Every Sinner has a Future
Dax thus far
Not sure OPEN line helped me here other than to keep me long orientated and long off prior to open levels.
Will price curve back towards the open ?
Attached Image (click to enlarge)
Click to Enlarge Name: GER30_2022-11-24_09-33-23_aecbe.png Size: 128 KB
every Saint has a past. Every Sinner has a Future
Cable so far

May have missed earlier bounces for shorts off the OPEN line ?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_2022-11-24_09-39-34_c3dce.png Size: 143 KB
every Saint has a past. Every Sinner has a Future
Quoting fxpider
{quote} With all respect to the EMA traders, my finding is, the EMA's are gr8 in the hindsight for the post-trade analysis but I really struggle and get distracted while the trade setup is developing. Having said that, I am just a small fish in the pond compared to the experiences of you guys.
Hi fxpider, everything is great in hindsight as well and good to learn from.

With MA's they give context and can be used in anticipation of a continued move or not, as targets or entry areas depending on mindset and overall style. Choosing a period is up to you to determine. I learned from this guy (see vid link) for a tiny while in his live scalping room but have also learned other periods and usage. Without them there is one less input of context that could be useful.
Inserted Video


Cheers...
Quoting FocusWinReal
{quote} Hi fxpider, everything is great in hindsight as well and good to learn from. With MA's they give context and can be used in anticipation of a continued move or not, as targets or entry areas depending on mindset and overall style. Choosing a period is up to you to determine. I learned from this guy (see vid link) for a tiny while in his live scalping room but have also learned other periods and usage. Without them there is one less input of context that could be useful. https://www.youtube.com/watch?v=HZquJh75pyY Cheers...
Thanks mate, for the video. Since my last post, I have been reading some resources regarding MA and working on how to incorporate them into my process. No doubt, the use of MA gives an extra layer of confluence. Also, I was feeling naked looking into my template.
Always learning
Quoting fxpider
{quote} Thanks mate, for the video. Since my last post, I have been reading some resources regarding MA and working on how to incorporate them into my process. No doubt, the use of MA gives an extra layer of confluence. Also, I was feeling naked looking into my template.
MAs are good if used correctly. At the least they can help give structure to your charts. For me they are areas of potential entry. Most people don't really understand how to use them so they deride them. Same as with the various horizontal lines and vertical time breaks.


It all still comes down to what PRICE does at those areas.
Mark ... Either you understand or you don't, and that is that.
Quoting spzd
{quote} MAs are good if used correctly. At the least they can help give structure to your charts. For me they are areas of potential entry. Most people don't really understand how to use them so they deride them. Same as with the various horizontal lines and vertical time breaks. It all still comes down to what PRICE does at those areas.
SPZD ... This is Spot On .
And... The best experience is when Price Action that you know what to do about is confirmed by your MA set up.
This is a good video. SBurke goes psycho ... jk he discusses psychology. At 19:15 when he talks about psychological factors, the first few moments is really, you lump tired of your job into this category. That's the reason most get into trading ...

Inserted Video
Mark ... Either you understand or you don't, and that is that.
Quoting bluesteele
{quote} Where have we seen that before ? The box has held price tags the open 2x... Low risk high prob6trade once again .. and if price moved the other way your out with a small loss... Patience as always... Cheers Blue
No trading for me today but I hope to invite experienced comment on my charts.


Not sure what I am doing here but here are some charts ( Dax and Cable) where I try to make sense of the open of the UK session.
Grey circles on Cable are proposed 1 minute trades. Road map is still key but may be triggered earlier by UK open line action ?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD_2022-11-25_12-19-48_62c3b.png Size: 130 KB
Click to Enlarge Name: GBPUSD_2022-11-25_12-22-43_d9d2a.png Size: 144 KB
Click to Enlarge Name: GER30_2022-11-25_12-06-43_b9bfe.png Size: 130 KB
Click to Enlarge Name: GER30_2022-11-25_12-08-39_92876.png Size: 150 KB
every Saint has a past. Every Sinner has a Future
Quoting turnip15
{quote} No trading for me today but I hope to invite experienced comment on my charts. Not sure what I am doing here but here are some charts ( Dax and Cable) where I try to make sense of the open of the UK session. Grey circles on Cable are proposed 1 minute trades. Road map is still key but may be triggered earlier by UK open line action ? {image} {image} {image} {image}
I would not take today into account too much as it is the day after US Thanksgiving and they let the kids play with the Algo.
Mark ... Either you understand or you don't, and that is that.
0 traders viewing now