Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Equity millipede & Flying Buddha trading journal 9 replies

Flying buddah pattern 20 replies

Build an Equity Millipede with the filtered Flying Buddha 171 replies

Flying buddha pattern 12 replies

16/10/'07 - Crude oil and Greenback flying in opposite directions. 0 replies

Attachments: Flying Dutchman
Exit Attachments

Flying Dutchman

Quoting moodybot
{quote} Nope. But I bet a currency was manipulated to move based on her opening her mouth.




Hi Andy,

I rang her an hour before it, and all she said to me was, "Pete, business as usual"


Quoting TimeTells
{quote} For example in the EU chart above I also have a target (below price) in what I choose to believe is the ALGO REPEATING, and that price is 1.17650.


.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1 christine.png Size: 28 KB
Quoting TimeTells
{quote} Hi Andy, I rang her an hour before it, and all she said to me was, "Pete, business as usual" {quote} . {image}

Lol

Yep, Christine caused that target to be hit.
Quoting moodybot
{quote} Lol Yep, Christine caused that target to be hit.
One thing certain is nobody is doing the supplying and demanding at both top bottom targets. It's simply the work of the master algo that move price at its whims. This is the reason why I wrote TA and FA is useless.
Trade the value
Quoting BWilliam
{quote} One thing certain is nobody is doing the supplying and demanding at both top bottom targets. It's simply the work of the master algo that move price at its whims. This is the reason why I wrote TA and FA is useless.
Agreed.
An article that mentions how Central Banks use an algo to move prices at its whim,
How Central Banks Impact the Forex Market (dailyfx.com)
Quoting GEfx
An article that mentions how Central Banks use an algo to move prices at its whim, How Central Banks Impact the Forex Market (dailyfx.com)
Thanks for the link.
Hopefully someone will find it useful.
Quoting moodybot
{quote} Thanks for the link. Hopefully someone will find it useful.
Definitely going to use this link, thanks
  • Post #148
  • Quote
  • Edited 10:41am Jul 23, 2021 10:17am | Edited 10:41am
Dear All,

because no one explain to me :
We need patience and must wait for confirmation before entry ? WHY ?
is Patience really Virtue ... WHY ?
and Jesse Livermore said that money is made when we are sit tight ? WHY ?
Trading is waiting game ? WHY ?

and ...

we must embrace randomness ! WHY ?
this is game of the game of INCOMPLETE INFORMATION. How ?
and trader must understand the probability thinking. WHY ?
and trader MUST ADAPT ? WHY ?

So many WHY in all over my hair !

And George tell the truth simple and ellegant.

THE DEEPEST CONNECTION and THE HIDDEN REALITY AT FINANCIAL WORLD DEEPEST BUTT
that ....


FINANCIAL MARKET IS NOT FREE MARKET AT ALL

WOW ... MY ENGLISH IS ENTERING PRESSURE ZONE
I MUST GET OUT
THERE'S MAN IN BLACK
BEN BERNAKE HELICOPTER IS COMING

7 traders viewing now, 2 are members:
Invisible
Invisible

Master Trader said it best : BE THE PIG WITH VISION, and NEVER TRADE WHAT YOU SEE because PRICE IS NEVER RIGHT
Quoting BWilliam
{quote} One thing certain is nobody is doing the supplying and demanding at both top bottom targets. It's simply the work of the master algo that move price at its whims. This is the reason why I wrote TA and FA is useless.

Hi BW, you have stuck to your guns all the way.



That was one of the reasons I spent three months having a look at the repeating principles in the market.


From my post on EU some 8 days ago.

We are right back to where we started.

Not to the pipette but close enough for me say ... interesting.

cheers BW



Quoting TimeTells
{quote} Hi BW, The EURUSD (algo blue line) repeating target in my post above 1.17650 got reached yesterday. Friday price was held in a range-bound whipsaw pattern. Then yesterday morning in Asia price tightened again into an inflection area before its breakout low in London. After then sitting at that 1.17650 target line, for four hours, price then retraced back to george's target. . {image}

.
Attached Image
I started a post sequence on the 9th July, 21 days ago.

Back here

Quoting TimeTells
So I no longer ponder so much in the who or what is driving the forex market.

My interest is the market repeats a “behaviour”.

And when price moves ‘out’ of that intermediate range I choose to believe it is going somewhere.

How AND WHEN (and why) to trade then, though, is always up to each individual.



Just for my interest. To see how it played out.


I had no firm preconception on which way the market would run directionally.

Or how the intraday price movements would play out.

Or where price would end up (ie to the pip or 10 pips away).


Or even whether this repeating price behaviour would occur “again” during this cycle.
Quoting TimeTells
{image}

21 days ago
.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1 choose your targets.png Size: 40 KB
  • Post #152
  • Quote
  • Edited Jul 30, 2021 12:21am Jul 29, 2021 6:59pm | Edited Jul 30, 2021 12:21am
Quoting TimeTells
Is this supposed algo - (and this is RHETORICAL ONLY so I don’t discuss this openly anymore from a standpoint point of view)

- Is this (algo), a

-singlularity
-group or cabal (AND then, are these groups disparate or not)
-the sum total of all buyers and sellers that make up the daily operations of the forex market (ie an accurate auction market)

So I dropped this consideration of what this is.

I have determined, for ME, that it doesn’t matter so much. To me.

A 21 day cycle of interest (for me, lol) finished this morning, at market rollover, and is now over.

(edit: well there is another one higher at 1.19360, the same as there are other ones lower as before )

.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1 cycle completed.png Size: 36 KB
Quoting TimeTells
{quote} A 21 day cycle of interest (for me, lol) finished this morning, at market rollover, and is now over. . {image}
To many ‘coincidences’ to be a non controlled entity Pete. If it’s truly supply and demand then it’s quite remarkable how the market set just the right balance to set and return back to points of interest.
Of course it could just be an Algo but why let Occams Razor get in the way of a great scam!
Quoting moodybot
{quote}
To many ‘coincidences’ to be a non controlled entity Pete.
If it’s truly supply and demand then it’s quite remarkable how the market set just the right balance to set and return back to points of interest.
Of course it could just be an Algo but why let Occams Razor get in the way of a great scam!

Hi Andy,

cheers mate

Millions of traders daily using technical, fundamental and whatever analysis.

Businesses doing international trade, banks, hedge funds, institutions AND retail all postulating on whether price will go EITHER up or down.

Trillions of dollars DAILY.


These coincidences maybe, are themselves just a factor of coincidence within coincidences, all cascading.


Or then as you say, Occams razor.


I ponder on all this no more. And it does not factor in my trading.

But it IS interesting.

cheers
Quoting moodybot
{quote} To many ‘coincidences’ to be a non controlled entity Pete. If it’s truly supply and demand then it’s quite remarkable how the market set just the right balance to set and return back to points of interest. Of course it could just be an Algo but why let Occams Razor get in the way of a great scam!
When we know something will happen in the future that's what makes it suspicious that this market might not be driven by economics supply and demand that we're taught in school. Price movement seems to be guided by a supreme hidden entity. And when such is the case, attempting to analyse price on the basis of supply and demand from the chart collapse.
Trade the value
Quoting BWilliam
{quote} When we know something will happen in the future that's what makes it suspicious that this market might not be driven by economics supply and demand that we're taught in school. Price movement seems to be guided by a supreme hidden entity. And when such is the case, attempting to analyse price on the basis of supply and demand from the chart collapse.
I couldn't agree more.
The evidence is overwhelming.... but ignored!
I'm now convinced that you guys are joking around with this algo stuff. The joke is on anyone who falls into this trap, right?
Quoting GEfx
I'm now convinced that you guys are joking around with this algo stuff. The joke is on anyone who falls into this trap, right?
Do you think the Forex market is clean?
You don't know because you don't ask.
Quoting here2there
{quote} Do you think the Forex market is clean?
I'm not sure what you mean by clean. If the opposite of clean is dirty, which implies it's illegal, then yes, it's clean. If you are asking if it's manipulated, yes, it's manipulated.
Quoting GEfx
{quote} I'm not sure what you mean by clean. If the opposite of clean is dirty, which implies it's illegal, then yes, it's clean. If you are asking if it's manipulated, yes, it's manipulated.
If it is manipulated, then it is dirty. And yes, I believe it is manipulated.
You don't know because you don't ask.
9 traders viewing now, 2 are members:
whitesta
,
Erebus