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The Volume Detective 411 replies

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  • #1,181
  • May 9, 2019 3:12pm May 9, 2019 3:12pm
Quoting bluesteele
Well after speed Reading thru the 60 pages of this thread I have produced a video of my findings.... Will the Shiba close the gap between his mouth and tail ? Or will it go unfilled ? Cheers Blue https://youtu.be/QDwcOspweKk
That's the reason why I do not make any assumption or speculation at all. I have yet to make any conclusion. That's until we get the complete facts. This explains for my request of your last 10 trades that will confirm it. Up for it ? Your reluctance do make me wonder what are you afraid of ? Hmm...
  • #1,182
  • May 9, 2019 3:38pm May 9, 2019 3:38pm
Quoting skyway
{quote} That's the reason why I do not make any assumptions or speculation at all. I have yet to make any conclusions. That's until we get the complete facts. This explains for my request of your last 10 trades that will confirm it. Up for it ? Your reluctance do make me wonder what are you afraid of ? Hmm...
@skyway -- no confirmation is required. It's like if I said black cloths makes one look slimmer -- you can try it for yourself and see.

The message that is being conveyed and which you refuse to grasp is the confirmation you so desperately want needs to come from YOU. If you can confirm it, then you'll be off to the races. And if you can't confirm it then, well, continue your search elsewhere. This is something that only YOU and YOU alone can confirm and decide whether there is value here for you.

I don't know if you have any kids. Have you ever tried teaching a child to walk? You can't. You can write the instructions on a piece of paper -- as detailed as possible -- and it will make no difference. Do you recall how you first learned to walk? Did someone hand you a recipe and you simply followed it? This is a situation where if you want to walk bad enough then you will need to do it on your own and be willing to fall from time-to-time. If you can't bring yourself to do that it's fine -- you're not alone. You can ask until you are blue in the face -- the confirmation is not going to come from @moodybot or anyone else.
  • #1,183
  • May 9, 2019 3:39pm May 9, 2019 3:39pm
Quoting bluesteele
Well after speed Reading thru the 60 pages of this thread I have produced a video of my findings.... Will the Shiba close the gap between his mouth and tail ? Or will it go unfilled ? Cheers Blue https://youtu.be/QDwcOspweKk
I'm so sad, this Shiba Inu "Master" don't teach him/her correct manner and not take care of him/her nicely and only look at him/her like a toy, chasing own tail reflect stress or depression. So, I wish none of you chasing your own tail because your master not take care of you.

NIH
Dog + Smile = Beautiful Day
  • #1,184
  • May 9, 2019 3:42pm May 9, 2019 3:42pm
Quoting skyway
{quote} That's the reason why I do not make any assumption or speculation at all. I have yet to make any conclusion. That's until we get the complete facts. This explains for my request of your last 10 trades that will confirm it. Up for it ? Your reluctance do make me wonder what are you afraid of ? Hmm...
Lol......
  • #1,185
  • Edited 4:12pm May 9, 2019 4:01pm | Edited 4:12pm
Quoting robots4me
{quote} @skyway -- no confirmation is required. It's like if I said black cloths makes one look slimmer -- you can try it for yourself and see. The message that is being conveyed and which you refuse to grasp is the confirmation you so desperately want needs to come from YOU. If you can confirm it, then you'll be off to the races. And if you can't confirm it then, well, continue your search elsewhere. This is something that only YOU and YOU alone can confirm and decide whether there is value here for you. I don't know if you have any kids. Have...
I have to make it clear here. I do not need George mm psychology to trade. I have zero interest in that.

From day one, my interest is solely in his claims.
I am curious.

I can only verify bluesteele claims with complete facts and specifics. Everything else is assumptive and speculation.

My polite request is directed at bluesteele alone.

I can give blueesteele assurance that I will write nothing negative, directly or impliedly. I always play fair.
  • #1,186
  • May 9, 2019 4:14pm May 9, 2019 4:14pm
Quoting skyway
{quote} I have to make it clear here. I do not need George mm psychology to trade. From day one, my interest is solely in his claims. I can only verify his and bluesteele claims with complete facts and specifics. Everything else is assumptive and speculation. My polite request is directed at bluesteele alone.
Quote
My polite request is directed at bluesteele alone.
@skyway -- then send him a PM. You repeatedly ask for confirmation in a public thread -- and then say you only want to hear from @bluesteele? I think a few hundred people will roll their eyes when they read that one.

@skyway -- I see a big chunk of me in you. I'd really like for you to get it. So, I'll go another round or two. But this thread can't be just about you and your need for confirmation. Please take it up with @bluesteele -- offline.
  • #1,187
  • May 9, 2019 4:17pm May 9, 2019 4:17pm
Quoting robots4me
{quote} {quote} @skyway -- then send him a PM. You repeatedly ask for confirmation in a public thread -- and then say you only want to hear from @bluesteele? I think a few hundred people will roll their eyes when they read that one. @skyway -- I see a big chunk of me in you. I'd really like for you to get it. So, I'll go another round or two. But this thread can't be just about you and your need for confirmation. Please take it up with @bluesteele -- offline.
Ok, it will not be mentioned again. Thanks for your patience. Back to mm psychology, detective indicator and light to medium banter.
  • #1,188
  • May 9, 2019 4:19pm May 9, 2019 4:19pm
Quoting skyway
{quote} Ok, it will not be mentioned again. Thanks for your patience. Back to mm psychology, detective indicator and light to medium banter.
@skyway -- thank you...
  • #1,189
  • May 9, 2019 5:09pm May 9, 2019 5:09pm
Gooooooood morning Steve ,,,

Firstly,,, I would like to extend my thanks to yourself ,,,,
For this project you have started ,,,,
It is done with the best intention to TRY to help some fellow traders ,,,,

Secondly ,,
I would like to thank all of the ACTORS in this stage act in play here ,,,,
They truly do an amazing job ,,, in producing ,,,
A great fun time for me to enjoy while having my breakfast ,,, and ,,
At times in between when the market is preparing for the next move ,,, and ,,
I need a breather while waiting ,,,,,

The indicator You have produced is ,,, and
As i have commented previously ,,,,
A GREAT INDICATOR ,,,,
DOES THE JOB YOU INTENDED IT TO DO ! ! ! !

As I mentioned to yourself through our enjoyable skype chats ,,,,
YES ,, IT IS ,,, for LAZY traders ,,,,
SO ,, It is An entry level indicator to get them going ,,
And get used to the top and bottoms being highlighted ,,,,

It is definitely not an indicator any professional trader would use ,,,
AND ,, I did explain the reason why ,,,,
Which is ,, due to the depth a professional trader looks at a chart with ,, and ,
the things he looks for in a chart ,,,
Which NO indicator can reproduce ,, something his PERSONAL EXPERIENCED mind and eyes ,, and hands can do ,,,,,
BUT ,, That is of course understandable ,,,

It saddens me to see this Great intentioned Project ,,,
Turning into a SUNDAY AFTERNOON OLD MOTHERS MEETING ! ! ! !
Some of the reguler SELF IMPOSING VISITORS ,,,,
Tend to do NOTHING BUT ,,,, BITCH AND COMPLAIN ALLLLLLLLLLLLLLLL DAY LONG sir ,,,,
It is of course of no surprise ,,,
As it is a Behavior demonstrated by the many PUBLIC FORUM TRADING PROSTITUTES ! ! ! !
GOING ROUND LIKE THE ABOVE DESCRIPTION ,,,,
SELLING THEMSELVES TO SYSTEMS ,,, INDICATORS ,,, APPROACHES ,,, with ,,,
NOOOOOOOOOO SOLID FOUNDATION TO THEIR SICK jOURNEY ! ! ! !

I am amazed that ,,,
You have put up with sooo much nonsense till now ,,,, BECAUSE ,,,
Till now ,, this Great Project ,,, has become nothing BUT ,, what it was intended to be ,,,
Every man and his you know what ,,,,
Have come here ,,, and
TRIED to IMPOSE Their USELESS GARBAGE and USELeSS NONSENSE ,,
not to mention ,,,
The regular VISITORS THAT HAVE NOT ,,,, even added anything whatsoever of any value ,,, except ,,,
knock knock knock ,, things ,, and others ,,,
BASED ON SICK EMPTY ASSUMPTIONS ABOUT THEIR SICK COMPLAINTS ,,,
like an old bag , and a broken record ! ! ! ! !

I must give them a great credit for the ENTERTAINMENT they present before myself ,,, for me to enjoy

You have noticed ,, AND ,,
I have expressed it in person ,,,
I have NOT NOT GOTTEN INVOLVED IN THIS GREAT PROJECT ,,,,,
BECAUSE ,,,
I will NOT get involved in anY time wasting ,, NONE PRODUCTIVE ,,, NOTHING PROJECT ,,,
WHICH IS ,,, EXAAAACTLY WHAT YOU HAVE ON YOUR HANDS HERE SIR ,,,,
This has become a DEAD MEAT PLACE ,,,,
For socialising ,,, and ,,,, some USELESS GARBAGE ,,,
NO CONTEXT ,,, NO EDUCATION ,,, NO ADVANCEMENT ,,, NO QUALITY ,,,,
And most importantly ,,,
NO SOLID KNOWLEDGE TO BASE THEIR INCONSISTENT GARBAGE APPROACHES ,,,,,
IT IS FULL OF EVERYTHING BUT ,,
POSITIVE QUALITY MATERIAL ! ! ! !

TIME TO CLEAN UP FRIEND ,,,,,
SO MAYBE YOU CAN ATTRACT THE QUALITY YOU AIMED TO ESTABLISH ! ! ! ! !

The Socialising that u r also enjoying ,,
Can be accomplished still ,,, BUT ALSO ,,,,
It can be done on a personal chat level on the side ,,,,

Just expressing MY HUMBLE ,, and PERSONAL OPINION ,,,,and ,, VIEW ...
obserVing THIS DEAD END ROAD you are walking ! ! ! !

Cheers
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #1,190
  • May 9, 2019 5:39pm May 9, 2019 5:39pm
Quoting George AUS
Gooooooood morning Steve ,,, Firstly,,, I would like to extend my thanks to yourself ,,,, For this project you have started ,,,, It is done with the best intention to TRY to help some fellow traders ,,,, Secondly ,, I would like to thank all of the ACTORS in this stage act in play here ,,,, They truly do an amazing job ,,, in producing ,,, A great fun time for me to enjoy while having my breakfast ,,, and ,, At times in between when the market is preparing for the next move ,,, and ,, I need a breather while waiting ,,,,, The indicator You have...
@George -- you are SUPER DUPER!! It's an honor and pleasure to have you post here.

I understand your intentions, as well, and your desire for us all to become professional traders. I'm working on it. Others are working on it. We'll get there. You refer to a "journey", I call it a "process". Like learning to run -- first we have to learn to walk.

Thank you for the good word. As my favorite cartoon character -- Buzz Lightyear -- would say, "To infinity ... and beyond!"
  • #1,191
  • May 9, 2019 5:48pm May 9, 2019 5:48pm
Quoting robots4me
{quote} @George -- you are SUPER DUPER!! It's an honor and pleasure to have you post here. I understand your intentions, as well, and your desire for us all to become professional traders. I'm working on it. Others are working on it. We'll get there. You refer to a "journey", I call it a "process". Like learning to run -- first we have to learn to walk. Thank you for the good word. As my favorite cartoon character -- Buzz Lightyear -- would say, "To infinity ... and beyond!"

Howdy Steve ,,,
Thank u for ur kind words ,,,
The pleasure ,, and honor ,,, is all mine sir ,
After all ,,, YOU ,, have dedicated this indicator to MY THEORIES

You call it ,,,
PROCESS ,,,,
I call it
DECISION ! ! ! !

Cheers,
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #1,192
  • May 9, 2019 10:26pm May 9, 2019 10:26pm
What a pleasant surprise -- I awoke from my nap and there was no one to argue with. Oh, well -- I guess I'll return to Liquidity Gaps...

Below is an example of a Liquidity Gap which I grabbed from a different thread:
Attached Image (click to enlarge)
Click to Enlarge Name: liquidity-gap-defined.png Size: 222 KB


I'm a rookie and it's only within the past 24 hours I've become interested in liquidity gaps -- so, keep that in mind as you read the following. Since @moodybot didn't take me up on my offer of sparing me the embarrassment, I'll take an initial stab. If anyone has additional thoughts / comments please share them. This wouldn't be the first time I've embarrassed myself and I certainly hope it won't be the last.

Below is a screen shot of a new indicator I'm working on -- MMLiquidityGapIndi -- and which I'll share in the next day or so:
Attached Image (click to enlarge)
Click to Enlarge Name: MMLiquidityGapIndi-01.png Size: 21 KB


More discussion to follow...
  • #1,193
  • May 9, 2019 11:02pm May 9, 2019 11:02pm
There are two types of "gaps" I'm now aware of -- liquidity gaps and price gaps -- perhaps there's more, I don't know. Price gaps are often easy to spot since there is a blank space between the previous close and the next open. I think there are a variety of explanations for price gaps, but I don't want to get into them now. It's liquidity gaps that I'd like to focus on.

Attached Image (click to enlarge)
Click to Enlarge Name: liquidity-gap-defined.png Size: 222 KB

Same picture from previous post which I grabbed from a different thread -- here's the link:
https://www.forexfactory.com/showthread.php?p=12233347#post12233347

So -- what exactly is a liquidity gap? I mean, like where's the gap? I don't see a gap. Liquidity gaps have nothing to do with target levels or stop losses (again, keep in mind I'm a rookie) -- as far as I can tell. This is what I think happens -- it's all based on BUY and SELL orders that need to be filled.

There are stacks of BUY and SELL orders at all prices. These orders will only be transacted when the specified price has been reached. It's like buying or selling a used car -- you wait until the price is right.

The example above is a "bullish" liquidity gap. It looks like there must be a stack of BUY orders beginning at around 1.15530 and ranging up to around 1.16350. BUY orders start getting filled at around 29 Jun 04:00 at a price of 1.15695. And then, suddenly, the price spikes to 1.16350, before falling back a little to 1.1685. All the BUY orders between 1.15695 and 1.1685 remain unfilled. There are institutions that want to buy EURUSD between the range [1.15695,1.16695] but they will now have to wait until the price returns to the range they wish to buy at.

A very important observation that @George pointed out to me and which will be obvious to everyone who now looks for it -- there is a very high probability the price will return to fill the range [1.15695,1.16695] -- otherwise called "gap" -- so that all those unfulfilled BUY orders can be transacted.

Again -- nothing to do with TOPS and BOTTOMS, target levels or stop losses. Liquidity gaps are unfilled orders that are waiting for the price to return within a range so the transaction can be completed.

Another important point I'll return to -- liquidity gaps are like MAGNETS -- that is, price will return to fill the gap. Target levels are "anti-magnets" -- that is, artificial levels the MM has created to lure traders into thinking there is a floor (support) or ceiling (resistance) beyond which the price will not broach. Target levels are created by the MM to give traders the impression that price will repel away. In contrast, liquidity gaps serve as magnets.
  • #1,194
  • May 9, 2019 11:13pm May 9, 2019 11:13pm
Quoting robots4me
There are two types of "gaps" I'm now aware of -- liquidity gaps and price gaps -- perhaps there's more, I don't know. Price gaps are often easy to spot since there is a blank space between the previous close and the next open. I think there are a variety of explanations for price gaps, but I don't want to get into them now. It's liquidity gaps that I'd like to focus on. {image} Same picture from previous post which I grabbed from a different thread -- here's the link: https://www.forexfactory.com/showthread.php?p=12233347#post12233347...

Bring the top of the red box down to the lowest low of the candle to the right, the remainder of the box is the remaining price gap that will get filled.
  • #1,195
  • May 9, 2019 11:16pm May 9, 2019 11:16pm
Attached Image
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #1,196
  • May 9, 2019 11:23pm May 9, 2019 11:23pm
The screen shot below was taken from the new indicator:

Attached Image (click to enlarge)
Click to Enlarge Name: MMLiquidityGapIndi-01.png Size: 21 KB


I've marked 5 locations -- this is really, really interesting. In fact, if you don't hear from me again it's because the MM police sent their termination squad...

(1) Look at label #1 -- you see the bearish (magenta) liquidity gap preceding it. At label #1 you can see the price rising to fill a portion of the bearish liquidity gap that has a bunch of SELL orders that are waiting to be transacted. Once the price begins rising and filling the bearish liquidity gap then some of the pent-up SELL orders can be completed. And what happens when SELL orders get completed, the price falls. Do you see how the price moves up into the bearish liquidity zone and, then, shortly thereafter it falls?

(2) Look to the left of label #2 -- you see the bullish liquidity gap? Though it took awhile, the price falls (at #2) to allow all the pent-up BUY orders that previously went unfulfilled to finish their transaction. And what do you think happens when BUY orders start to get filled? Correct, the price starts to rise. Do you see the price go up a bit at #2?

(3) Check out this one -- it's really, really clear what's happening. The price drops to fill the bullish liquidity gap and allow the unfulfilled BUY orders to finish being transacted. In fact, it only takes one bar to fill the gap. And what happens when all those pent-up BUY orders get transacted? The price immediately goes back up.

(4) Same thing.

(5) Same thing. It's really clear what's happening, right?
  • #1,197
  • May 9, 2019 11:25pm May 9, 2019 11:25pm
Post 657 of PACTMA (price action at the core ...)

“Big Bloody Bar” carrying out first clean out (H4)
  • #1,198
  • May 9, 2019 11:27pm May 9, 2019 11:27pm
Quoting robots4me
There are two types of "gaps" I'm now aware of -- liquidity gaps and price gaps -- perhaps there's more, I don't know. Price gaps are often easy to spot since there is a blank space between the previous close and the next open. I think there are a variety of explanations for price gaps, but I don't want to get into them now. It's liquidity gaps that I'd like to focus on. {image} Same picture from previous post which I grabbed from a different thread -- here's the link: https://www.forexfactory.com/showthread.php?p=12233347#post12233347...
Why would they not just remove the orders and enter the market at another level, they could wait weeks for these gaps to be revisited while their money is not working for them.
Some people say I'm lucky, but the more I practice the luckier I get
  • #1,199
  • May 9, 2019 11:33pm May 9, 2019 11:33pm
Quoting skyway
{quote} What's the parameter used to select candles marked as liquidity gap ?
Good question. I searched and I could not find an "official" specification for what constitutes a liquidity gap. So, I came up with my own and will describe that in greater detail when I release the indicator.

Basically, the indicator computes the average body size for the past 500 bars. If a particular candle is 3x bigger than the average body size then it becomes a candidate liquidity gap. I then check the high and low of adjacent candles, and if the gap is larger than, say, 5 pips I'll mark it as a liquidity gap. Keep in mind this is 100% empirical. It's really simple -- I'm just giving you the flavor.

After I release the indicator I'm hoping to get feedback. I have no doubt that as the indicator matures the definition of what constitutes a liquidity gap will become more refined and accurate. I'm putting this out there now because, well, I have to start someplace and because I'm a rookie. What do I know?
  • #1,200
  • May 9, 2019 11:43pm May 9, 2019 11:43pm
Quoting robots4me
{quote} Good question. I searched and I could not find an "official" specification for what constitutes a liquidity gap.
You might want to google "WRB Hidden Gap" or "Wide Range Bar Hidden Gap".
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