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Flying Dutchman

  • #3,421
  • Edited 9:25am Sep 21, 2022 9:05am | Edited 9:25am
Quoting whitesta
The explanations are good but i am pretty sure most will not be able to understand and use them in their day to day trading. It would be good if those who understand the value intent, over value, undervalue etc to share a chart or two with notes on them explaining what they see and how they go about using them. We have been on this topic for awhile but not much as per actual charts. I shared a few charts with whatever i have learnt in this thread and it may or may not have helped others but atleast it was clear for all to see. I personally feel...
Hey buddy. Value can most certainly be used in your day to day trading in fact it should be used. Specifically, value can indicate direction. Read these text examples in order to see the sequential process of a value showing direction and price following in that direction. Then look at my trades and it should be clear on how I use value and how I am mindful of market sentiment's influence on the perception of value. In the text when they say bottom of range, they mean the price range from top to bottom and not trading range. Hope this makes sense to you.

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  • #3,422
  • Sep 21, 2022 9:11am Sep 21, 2022 9:11am
Oil may bounce from 83.50/83.75 but a nice drop already even if I got in lower than some people here.Stop 83:75
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every Saint has a past. Every Sinner has a Future
  • #3,423
  • Sep 21, 2022 9:14am Sep 21, 2022 9:14am
Quoting turnip15
Oil may bounce from 83.50/83.75 but a nice drop already even if I got in lower than some people here.Stop 83:75 {image}
Squashed one minute chart showing likely levels to the left that may slow/stop price fall?
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every Saint has a past. Every Sinner has a Future
  • #3,424
  • Sep 21, 2022 9:17am Sep 21, 2022 9:17am
Quoting turnip15
Oil may bounce from 83.50/83.75 but a nice drop already even if I got in lower than some people here.Stop 83:75 {image}
Stopped out
every Saint has a past. Every Sinner has a Future
  • #3,425
  • Sep 21, 2022 9:57am Sep 21, 2022 9:57am
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  • #3,426
  • Edited 10:49am Sep 21, 2022 10:08am | Edited 10:49am
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  • #3,427
  • Sep 21, 2022 10:29am Sep 21, 2022 10:29am
Quoting sharingan9
{quote}1. Relate the perception of value(fair price) that you follow to the interpretations of market developments(price moves) of a longer time frame that formed that perception of value 2. Who's perception of value are you following. I follow the perception of value of the US session because it is composed of the 2 largest trading centers in the world(London and New York) and they are the last perception of value of the day which can set the tone for the new day so I want to follow US session market participants' perception of value. However following...
Thank's for expanding and giving more depth to my answer. Please continue to post examples as you are doing, really interesting things.
  • #3,428
  • Sep 21, 2022 9:14pm Sep 21, 2022 9:14pm
As a follow up to my post yesterday, here is the GBP/USD after today's activities. The move to re-value the GBP continues. Use the same process to identify value targets going forward, and by forward, I include the BOE announcement tomorrow (SNB is up first, for anyone trading the CHF). Good trading!
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  • #3,429
  • Edited Sep 22, 2022 3:55am Sep 21, 2022 9:40pm | Edited Sep 22, 2022 3:55am
Quoting whitesta
The explanations are good but i am pretty sure most will not be able to understand and use them in their day to day trading. It would be good if those who understand the value intent, over value, undervalue etc to share a chart or two with notes on them explaining what they see and how they go about using them. We have been on this topic for awhile but not much as per actual charts. I shared a few charts with whatever i have learnt in this thread and it may or may not have helped others but atleast it was clear for all to see. I personally feel...
Hi whitesta, since there's a lot of members who think alike I make this one exception that I don't tell others how they trade. I'm not a guru, an average Joe trader like everyone else, just share my opinion about forex trading on Andy's thread that's different and not about teaching others how to trade - we do that in the strategy section. If my opinion was the same as everyone else there's no point writing posts. I wrote in my earlier post, learn how to trade from the experts on this forum.

Intraday swing trade is the same as intraweek swing trade or scalp 15mins or scalp a 1minute candle in microseconds. The difference is the cycle length, time and magnitude.

In all types of trading approach the market has demarcation line, hi/lo levels and buy/sell hemispheres.

I mark up yesterdays G$ chart, with B's and S's, that's where the buy and sell trading spots showing the start and end of each buy/sell hemispheres. The lines are the demarcation lines. That's why market reacts and move value the way they do - value traders know why price move up or down.

The thing to note is the trader has to know these mini demarcation lines, mini buy/sell hemispheres and mini hilo levels in real time market. Look at how fast the market move at some of these areas(you can only experience the speed in real time). Trader must have real knowledge in real time market to wait, anticipate and pull the trigger to trade these over/under value opportunities that this G$ market presented yesterday.

Ofc traders can execute trades at any spot, at any time, anywhere yesterday, that's what makes this market. There're thousands upon thousands of trading strategies that traders trade - check out the strategy section on FF, read books, watch utube videos find something or someone nice you like.

I present to you the chart from the viewpoint of intraday value swing trader. This is how intraday value swing traders see yesterdays G$ chart. And how and where the intraday value swing trader most likely trade in line with the value intent. Depend on where we live, we trade the London market or NY market or both.

Note there's only one spot that the value trader will not trade, that's the giant spike at the bottom marking day low - that outlier can be at any multiple stddev and market reaction is unknown.

The main value intent for G$ yesterday is the market has to close below that yellow line in the on-going sell hemisphere - most of yesterday traded above it. Cheers

*** the ? marks the market reaction when price went below that line before news release.
***where the trader execute trades reveal a lot about the trader. I believe in simple, logical and sensible trading - no difference trading from a computer or the phone.
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Know what you trade
  • #3,430
  • Sep 21, 2022 10:29pm Sep 21, 2022 10:29pm
Quoting sharingan9
{image}
Thank you sir for your charts. I understand value even better. Your use of market profile and pivots are beautiful. No wonder you have no qualms of sharing how you trade because you are earning, I believe it does not hurt nor endangers one's life to help, your legacy will be remembered, that at least someone really cared. You are a blessing to weary seekers trolled since time immemorial in this swamp site.
The market hides a perfect geometry.
  • #3,431
  • Sep 21, 2022 11:24pm Sep 21, 2022 11:24pm
Quoting FulMargnAlch
{quote} Thank you sir for your charts. I understand value even better. Your use of market profile and pivots are beautiful. No wonder you have no qualms of sharing how you trade because you are earning, I believe it does not hurt nor endangers one's life to help, your legacy will be remembered, that at least someone really cared. You are a blessing to weary seekers trolled since time immemorial in this swamp site.
No problem buddy. I'm not special. I just apply the tools and lessons of wiser people to whom I owe a great deal of gratitude. I'm always willing to share everything ive learned about market profile and pivots for free because I got the information for free so just passing it along. I would never charge anyone anything ever. I just want to take money out the markets. The beauty of market profile and pivots is that it is objective. All my set ups look the same on any asset.
CHFJPY long going very nicely. A little help from the jpy rate adjustment as well


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  • #3,432
  • Sep 21, 2022 11:31pm Sep 21, 2022 11:31pm
Quoting sharingan9
{quote} No problem buddy. I'm not special. I just apply the tools and lessons of wiser people to whom I owe a great deal of gratitude. I'm always willing to share everything ive learned about market profile and pivots for free because I got the information for free so just passing it along. I would never charge anyone anything ever. I just want to take money out the markets. The beauty of market profile and pivots is that it is objective. All my set ups look the same on any asset. CHFJPY long going very nicely. A little help from the jpy rate adjustment...
You sir deserves the highest medal and honor a trader could ever respectfully receive. Hats off to you, Sir.
The market hides a perfect geometry.
  • #3,433
  • Sep 22, 2022 4:45am Sep 22, 2022 4:45am
Quoting sharingan9
{quote} No problem buddy. I'm not special. I just apply the tools and lessons of wiser people to whom I owe a great deal of gratitude. I'm always willing to share everything ive learned about market profile and pivots for free because I got the information for free so just passing it along. I would never charge anyone anything ever. I just want to take money out the markets. The beauty of market profile and pivots is that it is objective. All my set ups look the same on any asset. CHFJPY long going very nicely. A little help from the jpy rate adjustment...
Hi sharingan9,

could you please share ur pivots indicator.
  • #3,434
  • Sep 22, 2022 6:46am Sep 22, 2022 6:46am
Quoting whitesta
{quote} Hi sharingan9, could you please share ur pivots indicator.
You can use this brother. Just play with the indicators to get the settings you want.
Attached File(s)
File Type: ex4 Wyatts Pivots 20150517mod_CPRa.ex4   84 KB | 276 downloads
Attached File(s)
File Type: ex4 MarketProfile_v1.16_POC_Heatmap.ex4   124 KB | 326 downloads
The market hides a perfect geometry.
  • #3,435
  • Sep 22, 2022 7:52am Sep 22, 2022 7:52am
Quoting OAPDave
{image}
Care to explain in detail what are you trying to show brother?
The market hides a perfect geometry.
  • #3,436
  • Sep 22, 2022 8:32am Sep 22, 2022 8:32am
Off we go - where?
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every Saint has a past. Every Sinner has a Future
  • #3,437
  • Sep 22, 2022 8:46am Sep 22, 2022 8:46am
Hovered around the level ( 1610 - ish) then dropped. Locked in 10 for my effort.
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every Saint has a past. Every Sinner has a Future
  • #3,438
  • Sep 22, 2022 8:51am Sep 22, 2022 8:51am
Stopped out for 31pips. Now watch price go down to Peak Formation Low ( Murphy's law)
every Saint has a past. Every Sinner has a Future
  • #3,439
  • Sep 22, 2022 9:35am Sep 22, 2022 9:35am
Quoting turnip15
Stopped out for 31pips. Now watch price go down to Peak Formation Low ( Murphy's law)
Nearly - so far - hit 11500
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every Saint has a past. Every Sinner has a Future
  • #3,440
  • Sep 22, 2022 9:47am Sep 22, 2022 9:47am
Quoting turnip15
Stopped out for 31pips. Now watch price go down to Peak Formation Low ( Murphy's law)
Where/what was your entry if I may ask.
Mark ... Everything you have been told is a LIE
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