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  • #15,721
  • Mar 7, 2018 10:48am Mar 7, 2018 10:48am
Quoting matkooooo
{quote} I would rather look for second E or second F , but its late now. These cycle are just "fake" trends. They tried one, not enough so they make the same thing again, I do not find any logic why third same trend should appear. But good luck anyway.
They can be framed a lot of different ways ,,,,but every one of those eclipses , there is a level causing them from a daily open ,,a weekly level or a quarterly level ,, you can see the patterns in it where patterns failed and where they didnt ,,,,,,,,,as they say about a pig ,,,you can dress it up it but its still a pig ,,,,,,,,mkts ,,no matter how you dress it or frame it ,,,,,,,,it still is the mkt ,,,,,,it does the same sheet ,,,,,day after day , week after week year after year ,,,,,,,,a level holds or it folds ,gets retested and price continues on,,, period . Learn to spot when something has held or didnt hold and you will be just fine
  • #15,722
  • Mar 7, 2018 10:50am Mar 7, 2018 10:50am
Quoting matkooooo
{quote} I would rather look for second E or second F , but its late now. These cycle are just "fake" trends. They tried one, not enough so they make the same thing again, I do not find any logic why third same trend should appear. But good luck anyway.
I don't think it will repeat exactly the same as second cycle.
IMHO I think it will be some variation with spike high 1.2500 to sweep stops of short sellers then pushing down to 1.2350 pause then down to 1.2200

I don't see it as fake or fantasy merely a way to see the market as institutions moving money around to suit their own goals.
  • #15,723
  • Mar 7, 2018 10:54am Mar 7, 2018 10:54am
EUR/USD turned bearish and again is hovering around the 1.24 hurdle which will be broken to the dowside very soon and next targer for the bears is seen at 1.2350.
  • #15,724
  • Mar 7, 2018 11:11am Mar 7, 2018 11:11am
Long 1.24025, stops at 2386. Aiming for daily R1 @ 24534
Attached Image
  • #15,725
  • Mar 7, 2018 11:15am Mar 7, 2018 11:15am
Quoting matkooooo
{quote} I would rather look for second E or second F , but its late now. These cycle are just "fake" trends. They tried one, not enough so they make the same thing again, I do not find any logic why third same trend should appear. But good luck anyway.
Makes for a pretty picture but the true picture is buying and selling nothing more nothing less ,,,,,,levels being tested and failing or not failing ,, follow thru or no follow thru every one of those levels had a pattern and projected tgt ,,,,most of them met ,,,,,,,,,thats the mkt ,,buying ,,,selling ,no mystery no mystic ,find the levels the mkt uses and know what the patterns are and their projections and you will be a pain in the azz to your broker
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  • #15,726
  • Mar 7, 2018 11:18am Mar 7, 2018 11:18am
I like simple ideas with volume, mostly on Daily. We can see uptrend but volume goes down, this is realy not good position for next rally up. I gues pinbar today and then all the way down. 1.244 is my level which should not be touched again and I would like to see long long downtrend. Boring how I repeating this I know.
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  • #15,727
  • Mar 7, 2018 11:31am Mar 7, 2018 11:31am
Quoting matkooooo
I like simple ideas with volume, mostly on Daily. We can see uptrend but volume goes down, this is realy not good position for next rally up. I gues pinbar today and then all the way down. 1.244 is my level which should not be touched again and I would like to see long long downtrend. Boring how I repeating this I know. {image}
Or there is just enough volume to move it around in little patterns waiting for nfp or some other news ,maybe you can use volume successfully ,,daily I look every now and then to see if any way out line compared to others,,,but not really true volume and mkts seem to move with or with out it to certain levels ,,,,,,and really even a daily chart in a trillion or more dollar mkt with you only getting your own brokers volume or even if you get several brokers volume always seemed a little sketchy in a mkt this big ,,,,,not knocking it if you can make it work ,,but a needless indicater for me volume picks up it will be around an important level ,I will already know the level. then you have to figure out whther its buying or selling volume around that level and the best proof is whether a level holds or folds ,simple lol
  • #15,728
  • Mar 7, 2018 11:37am Mar 7, 2018 11:37am
I think good direction is now south.
but I may be wrong now.
  • #15,729
  • Mar 7, 2018 11:39am Mar 7, 2018 11:39am
Quoting Ata-Turkoglu
{quote} All good.. anybody can promote their threads anywhere as long as it is not done with commercial intentions.. We continue posting around EURUSD.. Stay Green
thanks ata nice words.....i know you long time .that was expected thanks bro
Say something meaningful or Silence!!
  • #15,730
  • Mar 7, 2018 11:43am Mar 7, 2018 11:43am
Quoting digger1
{quote} Or there is just enough volume to move it around in little patterns waiting for nfp or some other news ,maybe you can use volume successfully ,,daily I look every now and then to see if any way out line compared to others,,,but not really true volume and mkts seem to move with or with out it to certain levels ,,,,,,and really even a daily chart in a trillion or more dollar mkt with you only getting your own brokers volume or even if you get several brokers volume always seemed a little sketchy in a mkt this big ,,,,,not knocking it if you...
thank you. Maybe this is not so strong pattern . I like more extremely high volume on doji candles but also extremely low volume as a no demans/supply pattern. EU daily : extreme pinbar 25.1 , then 6.2 is opposite doji on extreme volume, but market go even lower on very low volume on next candle. 12.2 low volume bull candle and next day higher volume bull candle, which is weird, and yes third day /14.2./ market goes back down to 12.2 candle area, and then back UP . 19.2 very low volume which next day formed no demand pattern and that is acctually place where we are now, so today is a very good place to go bear definitely. But who really knows. Sorry, I dont know if somebody find this interesting. You can always dislike me haha.
  • #15,731
  • Mar 7, 2018 11:46am Mar 7, 2018 11:46am
Quoting tiborf71
I think good direction is now south. but I may be wrong now.
i am now short.
I hope it will be good.
  • #15,732
  • Mar 7, 2018 11:47am Mar 7, 2018 11:47am
Quoting matkooooo
{quote} thank you. Maybe this is not so strong pattern . I like more extremely high volume on doji candles but also extremely low volume as a no demans/supply pattern. EU daily : extreme pinbar 25.1 , then 6.2 is opposite doji on extreme volume, but market go even lower on very low volume on next candle. 12.2 low volume bull candle and next day higher volume bull candle, which is weird, and yes third day /14.2./ market goes back down to 12.2 candle area, and then back UP . 19.2 very low volume which next day formed no demand pattern and that is...
Sharing thoughts an ideas ,hell ya never know ,,,,,might create a light bulb moment for somebody dont worry about it
  • #15,733
  • Edited 12:04pm Mar 7, 2018 11:53am | Edited 12:04pm
Quoting matkooooo
I like simple ideas with volume, mostly on Daily. We can see uptrend but volume goes down, this is realy not good position for next rally up. I gues pinbar today and then all the way down. 1.244 is my level which should not be touched again and I would like to see long long downtrend. Boring how I repeating this I know. {image}
Hi M
I think you have the whole volume thing wrong.Your feed is from your broker and your broker is dealing with retail traders which as whole only 6% of the market.
What moves price will not show up on your volume indicator!
Forces that move price have direct access to the market which is cut out for retail traders.
Your volume is an illusion that has no basses to place any trade.I am still surprised lot of guys are looking at volume here.Its a useless dinosaur.
regards

Its worth watching Mark Douglas video about who moves price what he calls dynamic traders.
Inserted Video
In trading, you have to be defensive and aggressive at the same time
  • #15,734
  • Mar 7, 2018 12:02pm Mar 7, 2018 12:02pm
the over-exaggerated analysis leads to a mystery.
sometimes it must be accepted that there is no possibility.
  • #15,735
  • Mar 7, 2018 12:07pm Mar 7, 2018 12:07pm
Quoting orangekoala
Long 1.24025, stops at 2386. Aiming for daily R1 @ 24534 {image}
I am using this dynamic tools for marker volality on EURUSD

Check you will like !

Attached File(s)
File Type: zip Damiani_volatmeter v3.2.zip   3 KB | 312 downloads
[email protected] om
  • #15,736
  • Mar 7, 2018 12:14pm Mar 7, 2018 12:14pm
Quoting tiborf71
the over-exaggerated analysis leads to a mystery. sometimes it must be accepted that there is no possibility.
such as volatility, it is not good to trade.
because what goes down can go even more slowly.
  • #15,737
  • Mar 7, 2018 12:17pm Mar 7, 2018 12:17pm
Quoting Davit
{quote} Hi M I think you have the whole volume thing wrong.Your feed is from your broker and your broker is dealing with retail traders which as whole only 6% of the market. What moves price will not show up on your volume indicator! Forces that move price have direct access to the market which is cut out for retail traders. Your volume is an illusion that has no basses to place any trade.I am still surprised lot of guys are looking at volume here.Its a useless dinosaur. regards
I kindly would like to invite in "logical" thinking for a second.. Let's say we put all Forex traders in a pool and name this group "A" and then we take the traders of some specific broker into another pool and name this group "B"..

So, based on mathematical proportions theory every sample mixture that is extracted from a greater "homogeneous" mixture must still react the same way. Meaning every group of humans that belong to a larger society will show similar behavioral patterns as the society. Meaning that no matter how small or big the group is the behavioral results will be reflected in any type of indicator.

The crucial question here is: Before I started my logic I have assumed that the society and the sub-group are both "homogeneous".. In our dilemma we actually don't know how homogenized the total traders in the real world compare to the fractional traders of broker X... but still.. my point here is: we can not directly conclude that it is "useless" to use any type of indicator just because the data comes from only one broker instead of the whole trading world.. I believe it still makes sense and one who can study the volume behaviour for his own broker for some serious time can still achieve valuable results just like using any other indicator..

Important is how you adapt the things you observe with the volume indicator on MT4.. It requires serious amount of analysis for every individual trader that can also not be easily shared with other traders since each trader might have a total different broker. But traders of the same broker can actually build up much better based on their collective experience with volume indicator.

Again.. I assumed everything is homogeneous.. filtering out robotic behaviour and shady manipulations.. Long story short: I like to think that every indicator can serve great in the right hands and do crap in the wrong hands.. the volume indicator is no different imho..

Stay Green
Focus only on what truly matters!
  • #15,738
  • Mar 7, 2018 12:20pm Mar 7, 2018 12:20pm
Quoting tiborf71
{quote} such as volatility, it is not good to trade. because what goes down can go even more slowly.
of course there is no volatility no profit.
it's a devilish disease.
  • #15,739
  • Mar 7, 2018 12:34pm Mar 7, 2018 12:34pm
it is often the case that we have a direction in ourselves.
and we can not find any evidence for that.
but we are analyzing our evidence.
  • #15,740
  • Mar 7, 2018 12:34pm Mar 7, 2018 12:34pm
Quoting Ata-Turkoglu
{quote} Important is how you adapt the things you observe with the volume indicator on MT4..
Hi friend
I am practical person statement you posed must have basses in reality otherwise everything becomes subjective.There is no conclusive data retail metatrader tic volume has any relations with real volume that moves price.
So we must establish concrete foundation that retail volume has validity then after we can discuss its usefulness but until then mental intellectual gymnastics don't interest me.
regards
In trading, you have to be defensive and aggressive at the same time
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