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  • #650,621
  • Feb 2, 2022 8:59am Feb 2, 2022 8:59am
Quoting Nordling
{quote} If you guys think that markers are driven by magic, sages and some creeds you must be nuts. Gann died broke let's add that too. If you guys are looking for a role model you can do a little research about Paul Tudor Jones and Michael Burry. Those guys are the real legends. Science > Magic
Thank you for the suggestions, though it is not a role model that we seek. We already have our own selves for that. It is the a new thinking methodology that we seek; accessing, consciously, a state of consciousness that I am seldom granted access when in the half sleep state or dream state

It is not my intention to steer the core discussion of this thread away to what some mumbo jumbo that is fit for the ears of unthinking children

The psychological structure of man, which I am coming to the realization that I am one; is interesting.

For example, the actions I make and the thoughts I think about my capabilities in trading, are inconsistent to one another and I can not blame any other human being irrespective of who they are to me as an individual and also what they did to what I call my personal life

I Just choose to believe that we are God and we come from one soul as the Quran states and the creator of the soul knows everything and manifests everything from his word, vibratory tone or personal voice to the body of the human as thoughts, including GBP/USD and it's potential to move along with all it's participants that will create the moves we are profiting from or in my individial case, that I am yet to profit from

I only know so much and am yet to learn from those who naturally showcase their most sophisticated skills in trading and occult powers as Meha Baba states in what I consider to be a biblical book on the involution or involutionary stages of God: God speaks

I am waiting for a confirmation signal on the H4 that will allow me to join the sellers, or a clear breakout on the D1 time frame and a tweak of correlation before joining the buyers who have been magically moving prices up these past days
  • #650,622
  • Feb 2, 2022 9:03am Feb 2, 2022 9:03am
Took long again at dIly r1
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yes yes yes
  • #650,623
  • Feb 2, 2022 9:06am Feb 2, 2022 9:06am
Quoting Jolita
{quote} ''Performing the top-down analysis encourages trading with the larger trend''. Here is good explanation about the timeframes- https://www.investopedia.com/article...-timeframe.asp
Thanks for that. but I already do top-down analysis.
Quoting DrDave
Top Down Analysis with ...
And with my version, I check for potential entries on whichever TF is "in focus". So in general, I favor no particular TF, unlike in the analysis that you cited.
To free Gazans of Hamas, use whatever it takes.
  • #650,624
  • Feb 2, 2022 9:07am Feb 2, 2022 9:07am
Quoting DrDave
{quote} I always find it interesting to see what ideas other folks are using. Well, looks like my expectation of just a rally on M5 has been met. Still need to see how the current down leg plays out to see how "convincing" this M5 down trend is. {image}
Agreed, the M5 move has stalled.
I took -3 pips loss.
Price is back in that zone i mentioned, but price is "twitching".
If it collapses the next zone would be on M30 : 3538-3546.
If M5 still finds some power to go up then i would re-enter at 3573.
in wondering about yourself, you forgot what you came here to be part of
  • #650,625
  • Feb 2, 2022 9:09am Feb 2, 2022 9:09am
Quoting Jolita
{quote} Hey Bigbul, how are you? Long time no see around! Trading in private? I am great, thank you. I am stuck with my shorts, thinking whether to close them. Got to go now. Speak soon.
i am fine jolita,, i take a break for some time from trade,i close my short now and long again for last trade,be care and good luck,thanks
  • #650,626
  • Feb 2, 2022 9:11am Feb 2, 2022 9:11am
Quoting Jolita
{quote} Hey Bigbul, how are you? Long time no see around! Trading in private? I am great, thank you. I am stuck with my shorts, thinking whether to close them. Got to go now. Speak soon.
why "stuck"??? If they are in profit, you could set a SL to at least BE and have no worries. And if you can monitor the charts, turn to M1 and look for when it SHOWS you that sellers are weakened.
To free Gazans of Hamas, use whatever it takes.
  • #650,627
  • Feb 2, 2022 9:15am Feb 2, 2022 9:15am
Quoting knkie
{quote} Agreed, the M5 move has stalled. I took -3 pips loss. Price is back in that zone i mentioned, but price is "twitching". If it collapses the next zone would be on M30 : 3538-3546. If M5 still finds some power to go up then i would re-enter at 3573.
M5 has already made a rally. M15 rally is of next importance. Of course, best to keep watching the TFs below it to see if they can even get the M15 started up, or if sellers become more aggressive and drive price further down to start the game over again.
To free Gazans of Hamas, use whatever it takes.
  • #650,628
  • Feb 2, 2022 9:18am Feb 2, 2022 9:18am
Quoting DrDave
{quote} M5 has already made a rally. M15 rally is of next importance. Of course, best to keep watching the TFs below it to see if they can even get the M15 started up, or if sellers become more aggressive and drive price further down to start the game over again.
Yes i understand your approach.
Its what i call "running up thru the frames".
Nowadays i just focus on H4, M30 & M5.
Each has its zone, then just find momentum.
in wondering about yourself, you forgot what you came here to be part of
  • #650,629
  • Feb 2, 2022 9:24am Feb 2, 2022 9:24am
Quoting Mosese
{quote} Thank you for the suggestions, though it is not a role model that we seek. We already have our own selves for that. It is the a new thinking methodology that we seek; accessing, consciously, a state of consciousness that I am seldom granted access when in the half sleep state or dream state It is not my intention to steer the core discussion of this thread away to what some mumbo jumbo that is fit for the ears of unthinking children The psychological structure of man, which I am coming to the realization that I am one; is interesting. For...
If you are seeking a guide, i suggest science. If you are seeking a philosophy, i suggest stoicism. Knowledge and patience is the ultimate power.

"If you can keep your head when all about you
Are losing theirs and blaming it on you,
If you can trust yourself when all men doubt you,
But make allowance for their doubting too;
If you can wait and not be tired by waiting,
Or being lied about, don’t deal in lies,
Or being hated, don’t give way to hating,
And yet don’t look too good, nor talk too wise:

If you can dream—and not make dreams your master;
If you can think—and not make thoughts your aim;
If you can meet with Triumph and Disaster
And treat those two impostors just the same;
If you can bear to hear the truth you’ve spoken
Twisted by knaves to make a trap for fools,
Or watch the things you gave your life to, broken,
And stoop and build ’em up with worn-out tools:

If you can make one heap of all your winnings
And risk it on one turn of pitch-and-toss,
And lose, and start again at your beginnings
And never breathe a word about your loss;
If you can force your heart and nerve and sinew
To serve your turn long after they are gone,
And so hold on when there is nothing in you
Except the Will which says to them: ‘Hold on!’

If you can talk with crowds and keep your virtue,
Or walk with Kings—nor lose the common touch,
If neither foes nor loving friends can hurt you,
If all men count with you, but none too much;
If you can fill the unforgiving minute
With sixty seconds’ worth of distance run,
Yours is the Earth and everything that’s in it,
And—which is more—you’ll be a Man, my son!"

Rudyard Kipling
You have to have an IQ higher than 90 to interact with this user.
  • #650,630
  • Feb 2, 2022 9:27am Feb 2, 2022 9:27am
Quoting Jolita
{quote} I trust higher timeframes weekly, daily and 4 hr, these are my main times I use. 15 mins is great of opening/closing trades. Saying 1 minute is unreliable is right as the next minute could be a different story. Only for this reason is unreliable. I know some traders are scalping 1m charts and works well. Your graphs remind me of EMA's principle. I would only be comparing higher TF settings. Depends of your trading method. Sure it works for you. In a scale of 10 how many profitable trades you had using your observations?
In a scale of 10 how many profitable trades you had using your observations?
9+

Here is a year of trading.
My floating DD never exceeds 5%, because that is my loss cuttoff. Typically, it doesn't exceed 1%.
Annual profit was about 40%. As you can see from the plot, I go for small, consistent wins.
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To free Gazans of Hamas, use whatever it takes.
  • #650,631
  • Feb 2, 2022 9:32am Feb 2, 2022 9:32am
February 2 - February 8 Analysis (3 trade days)
✓Daily Close Above 1.3520 = 1.3623 will be imminent by or before 8th February.

✓Daily Close Below 1.3520 = 1.3398 will be imminent by or before 8th February.
Data + Stat + Risk/Emotions Management
  • #650,632
  • Feb 2, 2022 9:37am Feb 2, 2022 9:37am
Good boy
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yes yes yes
  • #650,633
  • Feb 2, 2022 9:44am Feb 2, 2022 9:44am
strong M5 zone.
I thought it would collapse but it double-bottomed.
M15 LH taken out as well.
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in wondering about yourself, you forgot what you came here to be part of
  • #650,634
  • Feb 2, 2022 10:04am Feb 2, 2022 10:04am
Quoting Moty
Good boy {image}
Hello Moty, your fib level is for a down trend yet you're looking for continuation to the upside, won't that affect your analysis?

Correct me if i'm wrong/misinformed.
Face 'ur fears & tame 'ur greed
  • #650,635
  • Feb 2, 2022 10:07am Feb 2, 2022 10:07am
Quoting knkie
strong M5 zone. I thought it would collapse but it double-bottomed. M15 LH taken out as well. {image}
What happened on GBPUSD 5min? Did it work, did you close it manually??????
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  • #650,636
  • Feb 2, 2022 10:11am Feb 2, 2022 10:11am
Quoting DrDave
{quote} In a scale of 10 how many profitable trades you had using your observations? 9+ Here is a year of trading. My floating DD never exceeds 5%, because that is my loss cuttoff. Typically, it doesn't exceed 1%. Annual profit was about 40%. As you can see from the plot, I go for small, consistent wins. {image}
just beautiful DrDave, I prefer much of the same thing... except I dont have the loss cutoff, I'd rather average back, or hedge
  • #650,637
  • Feb 2, 2022 10:13am Feb 2, 2022 10:13am
hi guys
i think when 1.35873 (last High) not broken maybe GU move to 1.3528
  • #650,638
  • Feb 2, 2022 10:16am Feb 2, 2022 10:16am
Quoting DrDave
{quote} In a scale of 10 how many profitable trades you had using your observations? 9+ Here is a year of trading. My floating DD never exceeds 5%, because that is my loss cuttoff. Typically, it doesn't exceed 1%. Annual profit was about 40%. As you can see from the plot, I go for small, consistent wins. {image}
Very impressive! The only thing I don't understand is how your total profit is 40% for one year of trading. To make a living with that low of a profit margin you'd need a massive account size far bigger than the average retail trader.
  • #650,639
  • Feb 2, 2022 10:17am Feb 2, 2022 10:17am
Quoting DrDave
{quote} By the way, why be concerned about the H4??? It CANNOT stop going up if the H2 doesn't stop. And H2 CANNOT stop going up if the H1 doesn't stop. And H1 CANNOT stop going up if M30 does not stop. I think you get the progression, no?
very true, when using time timeframe does not matter, and time does not overlap unless changing direction and starts with price interacting with smallest time first and force it to overlap next larger time, smallest time is a leading role while biggest time guide/direction role.

M1 TF, 4H range with 1H 2H 4H MA's

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cheers,
"the public is not yet ready for it" W.D. GANN
  • #650,640
  • Edited Feb 3, 2022 1:47am Feb 2, 2022 10:19am | Edited Feb 3, 2022 1:47am
Quoting DrDave
{quote} Thanks for that. but I already do top-down analysis. {quote} And with my version, I check for potential entries on whichever TF is "in focus". So in general, I favor no particular TF, unlike in the analysis that you cited.
I like your graphs. Look at this 1m chart is a clear sell and compared with 4h chart (evening star) and if the current candle goes over 50% lower, then the previous bulish engulfing candle, we should have a strong 4 h sell signal.

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Edit:
4h candle failed to make 50% lower, reversed to the upside instead. Maybe at the next resistance level.
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