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Attachments: Locked-in Range Analysis (LRA)
Exit Attachments

Locked-in Range Analysis (LRA)

Quoting Trader-Waldo
In my understanding this is controversial because it cannot be in same time planned price/trend and not knowing where price will go in next minute ....year. {quote} market makers control price and timing to move price. their invested money is much larger than retail trade's money therefore they know where their money goes and why. If their plan A doesnt work they have plan B. I think this is common sense.
It depends who you are. For some it's planned price/trend and for others it's not knowing where price will go in the next minute. I think it's pretty easy to understand that not everyone knows what everyone else knows... And it's even easier to understand that not everyone understands what everyone else knows.
"The fun is in the hunt. Not the kill."
  • Post #83
  • Quote
  • Edited 4:26am Jan 14, 2018 4:09am | Edited 4:26am
Quoting Redeflect
{quote} It depends who you are. For some it's planned price/trend and for others it's not knowing where price will go in the next minute. I think it's pretty easy to understand that not everyone knows what everyone else knows... And it's even easier to understand that not everyone understands what everyone else knows.
In this particular case it did not depend who was subject of my reply to tm8936. t8936 and i were addressing market makers...that is clear from OP and my quote.

it is my belief that market makers who move price, investing millions know where they invest their money. I also believe that is not random investment.

To normal people above is clear and for others is complicated: your belief, knowledge and understanding might be different, depends who you are.

-----
you are responding to my post that is not intended for you and you still did not respond to my reply to you.
NO MATTER THE SITUATION,NEVER LET YOUR EMOTIONS OVERPOWER YOUR INTELLIGENCE
  • Post #84
  • Quote
  • Edited 5:01am Jan 14, 2018 4:50am | Edited 5:01am
Quoting Trader-Waldo
{quote} In this particular case it did not depend who was subject of my reply to tm8936. t8936 and i were addressing market makers...that is clear from OP and my quote. it is my belief that market makers who move price, investing millions know where they invest their money. I also believe that is not random investment. To normal people above is clear and for others is complicated: your belief, knowledge and understanding might be different, depends who you are. ----- you are responding to my post that is not intended for you and you...
If I showed you the example then you'd know where to find Waldo. Where's the fun in that?

You are correct; it isn't random. It is quite intentional. Is everyone else dressed like Waldo or is Waldo intentionally dressing like everyone else? Sneaky Waldo...
"The fun is in the hunt. Not the kill."
The question I asked remains unanswered....

Question: How does the OP or author determine "volume of open sell and buy positions" ?
Staying in my lane...
Quoting Redeflect
{quote} If I showed you the example then you'd know where to find Waldo. Where's the fun in that? You are correct; it isn't random. It is quite intentional. Is everyone else dressed like Waldo or is Waldo intentionally dressing like everyone else? Sneaky Waldo...
Waldo is not sneaky like trading is not random. "Where is Waldo?" is mind game like trading. You just did not get it yet. Mind games are not for everyone.
NO MATTER THE SITUATION,NEVER LET YOUR EMOTIONS OVERPOWER YOUR INTELLIGENCE
Quoting Trader-Waldo
{quote} Waldo is not sneaky like trading is not random. "Where is Waldo?" is mind game like trading. You just did not get it yet. Mind games are not for everyone.
I am under the impression that you still haven't found Waldo. It doesn't really matter whether he's being sneaky or not. It doesn't matter whether or not you think he's being sneaky. All that matters is whether or not you can find him.
"The fun is in the hunt. Not the kill."
Quoting VEEFX
The question I asked remains unanswered.... Question: How does the OP or author determine "volume of open sell and buy positions" ?
First step. Determining of LR.

We search LR (with high accumulated volume) within TPSL 1 levels in which we can be sure there are still remaining open positions. That is easy, yes?

Second step. Determining the direction of open positions

We need to analyze the volume at breakout of TPSL 1 and the time spent at this level. Read the chapter "Determination and Using of LR Imbalance" carefully. Everything is there. I will not quote since you do not like it. good luck!
Don't be a Lucky-trader! Just make cause-and-effect trades!
  • Post #89
  • Quote
  • Edited 2:52am Jan 15, 2018 2:10am | Edited 2:52am
Quoting t8936
{quote} First step. Determining of LR. We search LR (with high accumulated volume) within TPSL 1 levels in which we can be sure there are still remaining open positions. That is easy, yes? Second step. Determining the direction of open positions We need to analyze the volume at breakout of TPSL 1 and the time spent at this level. Read the chapter "Determination and Using of LR Imbalance" carefully. Everything is there. I will not quote since you do not like it. good luck!
And what about those of us that know how to trade who have our balances in cash and are waiting on the sidelines for opportunity? Does that not count as open buy and sell positions? Good luck knowing my position before I decide what it is.

Some of us understand more than you do. It's a decent guideline but... That's why MM's find us very annoying.

You're teaching checkers m8. Traders need to be playing chess. If I know pretty much every move that's been made over the last several months down to the second by second ticks do you believe I'd have my (intended) positions in any system that's visible? I am a very small fish but I can guarantee you that I am not the only one. A single tick, depending on what/where/when, can decide whether or not I swim in the stream or GTFO.
"The fun is in the hunt. Not the kill."
Quoting Redeflect
{quote} And what about those of us that know how to trade who have our balances in cash and are waiting on the sidelines for opportunity? Does that not count as open buy and sell positions?
Are you laughing? No. It doesn't matter what you think to do. Only open positions have an influence on price formation.
Don't be a Lucky-trader! Just make cause-and-effect trades!
  • Post #91
  • Quote
  • Edited 7:37am Jan 15, 2018 7:23am | Edited 7:37am
Quoting Redeflect
{quote} And what about those of us that know how to trade who have our balances in cash and are waiting on the sidelines for opportunity? Does that not count as open buy and sell positions? Good luck knowing my position before I decide what it is. Some of us understand more than you do. It's a decent guideline but... That's why MM's find us very annoying. You're teaching checkers m8. Traders need to be playing chess. If I know pretty much every move that's been made over the last several months down to the second by second ticks do you believe I'd...
That is rather irrelevant because no matter how clever and cunning and genius you think you are before you decide, once you are committed to a direction you are part of the fray like the other fishes (;
Quoting t8936
{quote} First step. Determining of LR. We search LR (with high accumulated volume) within TPSL 1 levels in which we can be sure there are still remaining open positions. That is easy, yes? Second step. Determining the direction of open positions We need to analyze the volume at breakout of TPSL 1 and the time spent at this level. Read the chapter "Determination and Using of LR Imbalance" carefully. Everything is there. I will not quote since you do not like it. good luck!
Thanks for the examples. Please continue to quote from the book if you like. I never had any objection. Entry and Exit what matters (to me) instead of Analysis in the past or in the future. Sure there are open positions. My question was how to determine number of buy or sell positions looking at the volume or analyzing the chart setup? Precise rules on directional bias and when to enter. exit rules are clear. TpSL levels are clear. How to determine LR zone is also clear. Everything around Volume Analysis is still a bit fuzzy.
Staying in my lane...
Quoting Mingary
{quote} That is rather irrelevant because no matter how clever and cunning and genius you think you are before you decide, once you are committed to a direction you are part of the fray like the other fishes (;
Who said I'm in the fray with the other fishes? Let them duke it out.

I go where the fishies aren't.
"The fun is in the hunt. Not the kill."
Quoting pooh123
{quote} Sometimes they hold, some other times they don't. The Locked in Range is just a new name for support/resistance zone.
Mastering the LRA guesses stopping the search for Holy Grail because the method is the most closest version to it.

This is not just a new name for support/resistance zone. LRA is a filter for all support/resistance zones to determine the cause-effect ONE.
Don't be a Lucky-trader! Just make cause-and-effect trades!
Quoting t8936
{quote} Mastering the LRA guesses stopping the search for Holy Grail because the method is the most closest version to it. This is not just a new name for support/resistance zone. LRA is a filter for all support/resistance zones to determine the cause-effect ONE.
That's a pretty bold statement to made. I guess I have to add this book into my reading list.

From what I have read on this thread, I am not convinced all this is applicable to tick volume available to us in Retail spot FX trading environment. The macro and micro structure of retail spot fx is completely different from futures and in most cases not very transparent to us retail traders. Sure we can apply the same 'story telling' to Forex markets and it could work. I just question the 'market maker' in retail spot fx environment whether it is truly making the market. Market Makers, like most of the brokers and traders simply are forced to take the other side of 'following the price' feed from their Liquidity providers. That's just my simplistic understanding of how a forex broker or MM operates. Can you imaging Oanda doing their own market making and trying to manipulate price structure on their own? That is just not feasible. Price Manipulation based on order flow happens at the LPs imo using order flow from their channel providers i.e. brokers. They ALL have to dance the dance in order to minimize arbitrage opportunities across the various LPs. Because they lack such ability, they have backend tools and plug-ins required to manage their internal risk exposure.

Just my 2 cents
Staying in my lane...
Quoting VEEFX
{quote} That's a pretty bold statement to made. I guess I have to add this book into my reading list. From what I have read on this thread, I am not convinced all this is applicable to tick volume available to us in Retail spot FX trading environment. The macro and micro structure of retail spot fx is completely different from futures and in most cases not very transparent to us retail traders. Sure we can apply the same 'story telling' to Forex markets and it could work. I just question the 'market maker' in retail spot fx environment whether it...
In FX MM most likely do not control the market. They are responding to market conditions and taking advantage of opportunities presented to them. they may increase profits through price manipulation, but only if the market allows them (for example, when there is a panic selling or buying or thin trading). So it may depend on what actions take retail traders...
The more you learn the more you earn
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