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  • #261
  • May 3, 2020 11:19am May 3, 2020 11:19am
Quoting bfx17
But if I find the Theory of Everything, do you think it encompasses Riemann hypothesis, which encompasses everything else?
By itself this hypothesis is a large thing though not everything. Your earlier post on here clearly showed you encountered this hypothesis dilemma, everyone does depicted in the 2 pics in the original post copied from you guys as example. As traders we all know the problem, the missing link is the solution. The solution in hindsight is easy. The solution in real live market seems impossible.

Your Theory of Everything can't comment.
Know what you trade
  • #262
  • Edited 12:34pm May 3, 2020 11:48am | Edited 12:34pm
Quoting nauxil
Have been demo trading for awhile now. Would like to add an observation from my GJ trade yesterday. Took the first buy trade indicated by the star after price crossed the asian session low and price had reached my TMA pressure zone on my M1 chart, and there was an M15 no interlocking bars in place to support the entry. A H1 bar was fully completed after my first entry. Price continued to go deeper into the TMA, about 10 pips to breach the next herd mentality support. This interestingly was at the very start of the new hour, which painted a nice...
Can I make an adjustment to your post? There is nothing unusual here. Here is the landmark point 2, it is the nearest swing, to it point 1, which has remained untouched ... why? She will set a new trap Zone herd mentality! So the price breaks through points A B C and swing 2 ... but not point 1! Perfect setting to enter, with maximum accuracy
Here is a similar situation on H4. it seems the pound is ready to go south?
Cheers
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  • #263
  • May 3, 2020 12:03pm May 3, 2020 12:03pm
Quoting mik2012
{quote} Can I make an adjustment to your post? There is nothing unusual here. Here is the landmark point 2, it is the nearest swing, to it point 1, which has remained untouched ... why? She will set a new trap Zone herd mentality! So the price breaks through points A B C and swing 2 ... but not point 1! Perfect setting to enter, with maximum accuracy Cheers {image}
Nice Mik2012. Hope you share more charts with explanations like this! Thanks!
  • #264
  • Edited 3:23pm May 3, 2020 3:12pm | Edited 3:23pm
Quoting moodybot
{quote} Some will trade to or away...perhaps both directions. I prefer to wait for a reaction at a given level and allow momentum (Algo) to show its hand. GJ....classic example, when price reached the first target, I had no idea if it was going to stop/reverse or keep going. Minor reversal then classic trap of heading long again taking out the sellers.. buyers again now on board.. So I wait to see if the next level (Herd Mentality)...gets tagged then wait for price to show its hand. If a level or herd mentality has been tagged several times with...
I think that there will be no rebound, everything is cleared, there will be a breakthrough to the next target .. but no, it remains to break 135.500
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  • #265
  • May 3, 2020 3:52pm May 3, 2020 3:52pm
Quoting kodakwhite
{quote} Too much talking. not that much of results
Thank you for your comment and welcome.
If your're talking too much and not that much of a result then perhaps you would care to stick around but thanks anyway for sharing... it's good to share.

By the way I think it's great to see that you have taken the time to read Georges post and have understood the content..
  • #266
  • Edited 4:22pm May 3, 2020 4:11pm | Edited 4:22pm
Start of a new week, some great posts and I would like to thank all of those who have contributed.

We have a new contributor in Kodakwhite....lets all welcome him/her to the thread.

I've had some correspondence, secret squirrel, don't tell anyone, do not mention my name type message..and of course I won't..(thank you Bogdan)...and Bogdan was interested in perhaps a poll being placed on the thread...very simply, a real market or Algorithm...

Might make interesting reading so will look into it

Have a great week.

Andy

Edit

Poll added...............
  • #267
  • May 4, 2020 4:12am May 4, 2020 4:12am
https://www.forexfactory.com/showthr...74421&page=243

Today George published 2 new posts where he kindly shared, as it seems to me, new information about the momentum and the contradictions of the time frame ... on the M1-M15 and H1 and H4.
I found a contradiction today at the open London on the M1 and M15 on GJ


George gave an example on Thursday Friday, I didn’t find examples on the published charts, probably for us to carry out this work) I found a contradiction only on D1 and H4, H1 .... Maybe someone will understand me better and maybe I'm wrong?
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  • #268
  • May 4, 2020 5:11am May 4, 2020 5:11am
interesting oil situation matures purple line monthly low of February 2002

plus will be the momentum between M1 and M15, if the price reaches the line
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  • #269
  • May 4, 2020 5:53am May 4, 2020 5:53am
GJ
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  • #270
  • May 4, 2020 8:52am May 4, 2020 8:52am
Quoting mik2012
https://www.forexfactory.com/showthr...74421&page=243 Today George published 2 new posts where he kindly shared, as it seems to me, new information about the momentum and the contradictions of the time frame ... on the M1-M15 and H1 and H4. I found a contradiction today at the open London on the M1 and M15 on GJ George gave an example on Thursday Friday, I didn’t find examples on the published charts, probably for us to carry out this work) I found a contradiction only on D1 and H4, H1 .... Maybe someone will understand me better...

Hey Mik,

I read the posts as building a case to enter a trade using the multiple timeframes.
Here is what I see for the 21st-23rd april price reversal example : doing a higher time frame analysis from H4 and subsequently looking at H1 and M15 for any confluence of price filters. The moment price blows through the moving averages before the MA cross over on the H4 TF it is an area of interest of potential entry. Subsequently when you go down to H1 and M15, price was in the HTF TMA pressure zone, also there were consecutive down bars with little retracement, With these down bars, fair value gaps are formed, which are potential areas where price could trade towards to.

Looking forward to other takes on MTF correlation.

Regards
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  • #271
  • May 4, 2020 4:16pm May 4, 2020 4:16pm
Quoting nauxil
{quote} Hey Mik, I read the posts as building a case to enter a trade using the multiple timeframes. Here is what I see for the 21st-23rd april price reversal example : doing a higher time frame analysis from H4 and subsequently looking at H1 and M15 for any confluence of price filters. The moment price blows through the moving averages before the MA cross over on the H4 TF it is an area of interest of potential entry. Subsequently when you go down to H1 and M15, price was in the HTF TMA pressure zone, also there were consecutive down bars with...
Hi Nauxil! I’m probably really stupid .. I can’t make out what you mean .... Here is what George writes about momentum using the example of H4 and H1:
Momentum
H4 Time frame...............If 200 SMA above 20 SMA above 7 SMA
H1 Time frame...............If 7 SMA above 20 SMA above 200 SMA Contradiction of Time frame's. The SMA's are used for general trading rather than break of an area of interest and entry into TMA retracement trading.
These are exactly the situations I was looking for. Today he wrote about 1M .... 15M
I admit honestly, I probably didn’t fully understand ... but a couple of times I found such sites and they worked
Сheers Mike
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  • #272
  • May 5, 2020 3:38am May 5, 2020 3:38am
Quoting nauxil
{quote} Hey Mik, I read the posts as building a case to enter a trade using the multiple timeframes. Here is what I see for the 21st-23rd april price reversal example : doing a higher time frame analysis from H4 and subsequently looking at H1 and M15 for any confluence of price filters. The moment price blows through the moving averages before the MA cross over on the H4 TF it is an area of interest of potential entry. Subsequently when you go down to H1 and M15, price was in the HTF TMA pressure zone, also there were consecutive down bars with...

Hi Nauxil! Now is the pound yen, momentum? We look at MA200 and MA20 on H4, on MA20 and MA7 on H1, the same? Here 7 is above 20, and 20 is above 200 ..
Correct me if I'm wrong
Сheers Mike
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  • #273
  • May 5, 2020 6:24am May 5, 2020 6:24am
Quoting mik2012
{quote} Hi Nauxil! Now is the pound yen, momentum? We look at MA200 and MA20 on H4, on MA20 and MA7 on H1, the same? Here 7 is above 20, and 20 is above 200 .. Correct me if I'm wrong Сheers Mike {image} {image}
hi Mike,
i dont want to correct you.
only a small comment:
in the heat of chase for "the momentum" on EMAs,
it may be easy to ignore the simple fact that the day is in fact at ADR 56 today, so rather flat, the entry "with momentum" falling right in the middle of that measly range, and that no apparent target really right unless you want to trade toward and not away, and even then it is a coin toss as the day/week/month's low is just a short distance bellow.
so, definitely not a correction, just a different perspective.
happy trading!
Zoltan
there is always, always another trade!!
  • #274
  • May 5, 2020 8:21am May 5, 2020 8:21am
Quoting profitfarmer
{quote} hi Mike, i dont want to correct you. only a small comment: in the heat of chase for "the momentum" on EMAs, it may be easy to ignore the simple fact that the day is in fact at ADR 56 today, so rather flat, the entry "with momentum" falling right in the middle of that measly range, and that no apparent target really right unless you want to trade toward and not away, and even then it is a coin toss as the day/week/month's low is just a short distance bellow. so, definitely not a correction, just a different perspective. happy trading! ...
Thanks, Zoltan! I’m starting to understand the dynamics of the market more .. Do you think New York will not add anything? Or do you calculate based on yesterday? Please correct me ruthlessly, otherwise I will not grow wiser ever) If you are not lazy)
Cheers M
  • #275
  • May 5, 2020 8:33am May 5, 2020 8:33am
Quoting mik2012
{quote} Thanks, Zoltan! I’m starting to understand the dynamics of the market more .. Do you think New York will not add anything? Or do you calculate based on yesterday? Please correct me ruthlessly, otherwise I will not grow wiser ever) If you are not lazy) Cheers M
hi Mike,
i really not think much about NY, or tomorrow, or next week. or the news, beyond noting if there is some release ( the time), but never the fundamental side really.
why?
i am a reversal scalper first and most.
for that it needs one thing, a move. larger and directional.
then i can react to it.
no move, no reaction needed.
i know it isnt exciting. no impressive catches. no home runs.
i am just trying to be good at what i am doing.

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there is always, always another trade!!
  • #276
  • May 5, 2020 9:30pm May 5, 2020 9:30pm
A pro trader told me not to waste time scalp for pittance many years ago, the huge unseen cost is time. He said learn the true market structure acquire math and coding skills then you don't have to screen stare again. What happens in small tf happens just the same in all tf. Back then when I started I go for home runs because of the small account that I need to compound to grow. Today I trade for the standard preset 20pips with preset 10pips sl, 2 trades a day - I decided the rest of the pips don't belong to me. Time is more precious than money. There are good people who have our best interest, this guy pointed me in the right direction. I can only tell you the same as I was told. The rest is up to you. And yes I'm a spike trader(with a difference).
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Know what you trade
  • #277
  • May 5, 2020 10:04pm May 5, 2020 10:04pm
Quoting BWilliam
A pro trader told me not to waste time scalp for pittance many years ago, the huge unseen cost is time. He said learn the true market structure acquire math and coding skills then you don't have to screen stare again. What happens in small tf happens just the same in all tf. Back then when I started I go for home runs because of the small account that I need to compound to grow. Today I trade for the standard preset 20pips with preset 10pips sl, 2 trades a day - I decided the rest of the pips don't belong to me. Time is more precious than money....
I got into this game because I enjoy starring at a chart for a few hours a day, I must be strange?
So if I am there, why not scalp for 40 to 60 pips every day and if that means scalping on M1 for a few pips a trade, so be it.

Now don’t anyone think that learning to code and then running Algo’s on your charts is going to reduce your screen time because or you are in for a rude shock. The work in developing, testing and finally getting a Algo on to a live chart probably takes about 200-500 hours of work. Trading Algo’s is very very time intensive and most Algo’s don’t ever get to live charts.
Here is an example from my trading buddy Sharks when last week he had to reload his Algo’s when he changed a few variables. He runs about 9 Algo’ across about 80 charts. When he changed those variables, he had to reload, retest, quality check spec’s etc. which took around 20 hours to complete.
And not $1 earned.
Trading thin liquidity at the boundary of the charts
  • #278
  • Edited 10:28pm May 5, 2020 10:08pm | Edited 10:28pm
Quoting RickM
The work in developing, testing and finally getting a Algo on to a live chart probably takes about 200-500 hours of work.
RickM, the simple ALERT took 7years to develop and test fit for trading live market. That's how long to solve the Riemann hypothesis. Perhaps someone smart might do it faster. Or the trader can enjoy sit in front of the computer screen stare the whole day, it works just the same.
Anyway, it's just a mere alert tool that saves us time, we still have to pull the trigger to execute the trades that survive the preset 10pips sl with a preset 20pips profit target.

Edit - I don't indulge in algo trading. There's no need for it and it takes lots more time.
Thumbs up to the algo traders.
Know what you trade
  • #279
  • May 5, 2020 10:33pm May 5, 2020 10:33pm
Quoting BWilliam
{quote} RickM, the simple ALERT took 7years to develop and test fit for trading live market. That's how long to solve the Riemann hypothesis. Perhaps someone smart might do it faster. Or the trader can enjoy sit in front of the computer screen stare the whole day, it works just the same. Anyway, it just a mere alert tool that saves us time, we still have to pull the trigger to execute the trades that survive the preset 10pips sl with a preset 20pips profit target. Edit - I don't indulge in algo trading. It's takes lots more time.
Sounds like you cracked it then and I have studied your charts to confirm you have something valuable.
But if this Riemann hypothesis really needed when we are clearly trading a Sine Wave, the maths of these take only four months to crack and just as profitable.
Trading thin liquidity at the boundary of the charts
  • #280
  • Edited 11:31pm May 5, 2020 10:39pm | Edited 11:31pm
Quoting RickM
Sounds like you cracked it then and I have studied your charts to confirm you have something valuable. But if this Riemann hypothesis really needed when we are clearly trading a Sine Wave, the maths of these take only four months to crack and just as profitable.
Yes, it takes about 4months. The 7 years was to test how robust the coded sine wave perform from tick charts to monthly tf over large enough population size and different asset classes to confirm the universality of this fractal nature under varied market conditions - a completeness test routine.
The 2 UC trades are typical sine wave trades.

Edit - RickM, it takes much more than 4 months to reach this place of accumulated knowledge and experience where we can solve it in 4months. 7 years in total is not the quickest but not too bad either. Seems like we're the only sine wave trader on this forum talking Greek.
Know what you trade
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