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Flying Dutchman

  • #3,581
  • Sep 27, 2022 5:23am Sep 27, 2022 5:23am
Quoting OAPDave
Off the subject Not happy with Southgate just seems to be wasting these friendlies, seems to have run out of ideas Cannot understand why Kane needs to drop so deep Hope all is well with you Dave
Blame it to Maguire gave away a needless penalty and that spill. Sterling left foot is dud. Cheers
Know what you trade
  • #3,582
  • Sep 27, 2022 5:56am Sep 27, 2022 5:56am
Quoting BWilliam
{quote} Blame it to Maguire gave away a needless penalty and that spill. Sterling left foot is dud. Cheers
Keeping a system that lets Kane hide in midfield and do nothing until we get a penalty
Yes
Thank you
All is well
But never sure how my posts go down

Please tone your posts down
and stay around. Like most guys ask, a simple chart and a few words would be most welcome from time to time, keeping in mine I am just a dummy feeling around in the dark
  • #3,583
  • Sep 27, 2022 6:09am Sep 27, 2022 6:09am
Quoting OAPDave
{quote} Yes you are correct Hope this helps ? https://youtu.be/qmfLXcfjA08 {image} {image}
Thanks.
Mark ... Everything you have been told is a LIE
  • #3,584
  • Sep 27, 2022 6:10am Sep 27, 2022 6:10am
Quoting OAPDave
Keeping a system that lets Kane hide in midfield and do nothing until we get a penalty Yes Thank you All is well But never sure how my posts go down Please tone your posts down and stay around. Like most guys ask, a simple chart and a few words would be most welcome from time to time, keeping in mine I am just a dummy feeling around in the dark
No worries about my post, it won't be about forex so nothing to tone down. Like you, I'm just another dummy.

Southgate goes to Qatar without a system which is worse than a bad system, not sure who's his starting 11, one thing is for sure, he will chuck in Mason Mount 2nd half to bang in his wonder goal.
Know what you trade
  • #3,585
  • Sep 27, 2022 6:14am Sep 27, 2022 6:14am
No need to be a pain either.
Mark ... Everything you have been told is a LIE
  • #3,586
  • Sep 27, 2022 7:17am Sep 27, 2022 7:17am
Quoting BWilliam
{quote} No worries about my post, it won't be about forex so nothing to tone down. Like you, I'm just another dummy. Southgate goes to Qatar without a system which is worse than a bad system, not sure who's his starting 11, one thing is for sure, he will chuck in Mason Mount 2nd half to bang in his wonder goal.
What a sad day for all of us. So near yet so far.
The market hides a perfect geometry.
  • #3,587
  • Sep 27, 2022 7:18am Sep 27, 2022 7:18am
Quoting BWilliam
{quote} No worries about my post, it won't be about forex so nothing to tone down. Like you, I'm just another dummy. Southgate goes to Qatar without a system which is worse than a bad system, not sure who's his starting 11, one thing is for sure, he will chuck in Mason Mount 2nd half to bang in his wonder goal.
eyes are gradually opening, Bwilliam. today's trades... stopped out twice while waiting for home run
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  • #3,588
  • Sep 27, 2022 7:25am Sep 27, 2022 7:25am
Quoting angelofx
{quote} eyes are gradually opening, Bwilliam. today's trades... stopped out twice while waiting for home run {image} {image}
the ones that got away...
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  • #3,589
  • Sep 27, 2022 8:44am Sep 27, 2022 8:44am
Not sure how many know/care about this. I think it is rather interesting.

SP500 with MSFT 6.0% and AAPL 7.1%

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Mark ... Everything you have been told is a LIE
  • #3,590
  • Sep 27, 2022 8:49am Sep 27, 2022 8:49am
Quoting spzd
Not sure how many know/care about this. I think it is rather interesting. SP500 with MSFT 6.0% and AAPL 7.1% {image}
Yup

8 minutes later ...

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Mark ... Everything you have been told is a LIE
  • #3,591
  • Sep 27, 2022 9:12am Sep 27, 2022 9:12am
Quoting spzd
{quote} Yup 8 minutes later ... {image}
One last time. 19 minutes after the 2nd. Looks like the data release is not overwhelming pre-market. More importantly is the MSFT/AAPL and SP500. These occur simultaneously so not sure if this can be exploited. Regardless, it shows the SP500 is just a synthetic representation of two stocks.

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Mark ... Everything you have been told is a LIE
  • #3,592
  • Sep 27, 2022 9:15am Sep 27, 2022 9:15am
Quoting spzd
{quote} Yup 8 minutes later ... {image}
Are you watching the heavy hitters that carry a bigger collective influence on the Index than many of the other little guys ?
every Saint has a past. Every Sinner has a Future
  • #3,593
  • Sep 27, 2022 9:24am Sep 27, 2022 9:24am
Quoting turnip15
{quote} Are you watching the heavy hitters that carry a bigger collective influence on the Index than many of the other little guys ?
Knew it. Never looked before. These two comprise 13% of the index. That still leaves 87%, but since most big stocks move in unison to some degree I find this interesting. Am in the process of exploiting this information as we speak.

Constantly studying the charts when I am working them.
Mark ... Everything you have been told is a LIE
  • #3,594
  • Sep 27, 2022 9:25am Sep 27, 2022 9:25am
Quoting spzd
Not sure how many know/care about this. I think it is rather interesting. SP500 with MSFT 6.0% and AAPL 7.1% {image}

Spot on Spzd... Thats the way it works... I know some guys will track the US30 with the main players on it..Keeping track of those stocks and whats happening to them to help with their bias...

This is the beauty of trading Indices ..we have these other data points available and they are very useful

Cheers !

Blue
Master your Mind,,,Master the Market
  • #3,595
  • Edited 10:02am Sep 27, 2022 9:37am | Edited 10:02am
Quoting spzd
{quote} Knew it. Never looked before. These two comprise 13% of the index. That still leaves 87%, but since most big stocks move in unison to some degree I find this interesting. Am in the process of exploiting this information as we speak. Constantly studying the charts when I am working them.
I remember back in the day..scalping Dow daily cash with the Spread Betters.
As u may know..DJIA is a price-weighted index as opposed to the more normal value-weighted. Around 2000/2001 3M gained a lot of notoriety. It had a very high stock price (although it's market cap wasn't one of the biggest). So to "manipulate" the Dow,,it was said, the cheapest option for the Big Boys was to buy or sell 3M. So it was wise to have a live chart of 3M up at the same time as scalping Dow .

EDIT..just looked at today's constituents and it would seem that United Health Group is today's 3M. It has around 1/5 of Apple's market cap....but over 3 times it's index weighting . I'm not sure if people would still be watching that today while trading the Dow.

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Macdonalds is 1/10 market cap of Apple but has bigger Dow weighting !....Right, I'm off for a Big Mac...u better exit your Dow shorts !!
  • #3,596
  • Sep 27, 2022 1:12pm Sep 27, 2022 1:12pm
"If you want to know everything about the market, go to the beach. Push and pull your hands with the waves. Some are bigger waves, some are smaller. But if you try to push the wave out when it's coming in, it'll never happen. The market is always right." - Ed Seykota
Master your Mind,,,Master the Market
  • #3,597
  • Sep 27, 2022 11:12pm Sep 27, 2022 11:12pm
Only three trades today all wins unlike yesterdays 13 trades 7 wins 6 losses.

Today was very much more like trading with a scalpel...yesterday I used a Big Fricking hammer lol

Two trades on the SPX and one Oil this morning....

The oil trade I shorted at around 79 for various reasons that I thought some might be interested in ...

Watching the PA and TIMING ..I was looking for the HOD to be made..

PRICE ACTION: I saw on the 1HR chart a nice Liquidity Gap or space or call it whatever the hot name is nowadays...
London had filled a small part of the gap. And AFTER NY OPEN 1630 chart time at 1650 price starts running for
that BRN 79.00 and just above that is the top end of the LG.. So I waited and watched and pulled the trigger
short on TIMING..

TIMING: The move started at 16:50 OR the last 15M bar of the hour..and what comes next is 17:00
17:00 is the start of the new 4hr bar...4 hr rollover.. Price pushes up on the 16:55 bar thru 79 BRN
and thru to fill pretty well exactly the LG. THe clock rolls over a new 1M 5M 15M 1HR 4HR bar starts
and the 17:00 bar makes a Micro DT above 79.00... Time to enter short trade..

Trade went right away in my favour and I netted 33pips... Could have been a fast easy 50 but after 2 very generous SPX trades
It was icing on the cake so closed trade off early and finished trading for the day.

RECAP: Trade taken on the probability the HOD was being made at TIMING at BRN rejection and at LIQ.GAP FILL.
AND further 3.... yes 3s again.... 3 strong pushes on the 1M ..

Two things that never change...TIMING and PRICE/LEVELS very important to always be mindful of time...How often does the close of the
4 hr bar make a push especially at ACTIVE time...


Cheers

Blue

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Master your Mind,,,Master the Market
  • #3,598
  • Sep 27, 2022 11:38pm Sep 27, 2022 11:38pm
Quoting bluesteele
Only three trades today all wins unlike yesterdays 13 trades 7 wins 6 losses. Today was very much more like trading with a scalpel...yesterday I used a Big Fricking hammer lol Two trades on the SPX and one Oil this morning.... The oil trade I shorted at around 79 for various reasons that I thought some might be interested in ... Watching the PA and TIMING ..I was looking for the HOD to be made.. PRICE ACTION: I saw on the 1HR chart a nice Liquidity Gap or space or call it whatever the hot name is nowadays... London had filled a small part of the...
Nice trade. Rinse. Repeat.
Mark ... Everything you have been told is a LIE
  • #3,599
  • Edited 4:39am Sep 28, 2022 4:28am | Edited 4:39am
My 2 cents...

Ignore BW's shared information on this thread at your own peril.

One doesn't have to know his Math formula to be profitable and trade the way he does - the information he has shared is good enough.
All you need to do is to time and press the UP or DOWN button.

A food for thought and compare to what BW, Richard D Wyckoff, and others have said, and here are some quotes from George....:

"THINGS THAT HAVE NO FOUNDATION IN MY THEORIES ,, NOR THE USE OF
,,,,,

DIVERGENCE ,,,,
PIVOTS ,,,,,
FIBONACCI ,,,,,
CANDLE SHAPES AND NAMES ,,,,,
ALL FORMS OF CHART PATTERNS AND SHAPES
TREND LINES ,,,,,,
I WILL ADD ANYTHING THAT i MAY not HAVE THOUGHT OF AS WE MOVE ON ,,,,,

AND ,,, PLEASE ,,,, UNDERSTAND THIS ,,,,
I AM NOT SAYING THAT THE APPLICATION OF ANY OF THE ABOVE ,,, DOES NOT WORK FOR
SOME PEOPLE ,,,, BUT ,,,
THEY JUST DO NOT HAVE ANY BASE IN MY THEORIES ,,, AND THEIR CONSISTENCY ,,, DO NOT MEET THE STANDARDS REQUIREMENTS FOR THE THEORIES ! ! ! !
-------------------------------------------------------------------------------------------

WHY IS IT IMPORTANT NOT TO USE THEM ????

Because ,,,
USING ,, and ,, BELIEVING ,,, that something DOES EXIT ,,,, WILL DETRIMENT YOUR FULL
UNDERSTANDING OF THE REALITY THAT EXISTS IN THIS BUSINESS ,,, and ,,, WILL LIMIT YOUR COMPREHENSION ,,, WHICH WILL HAVE A DIRECT EFFECT ON THE FINAL OUTCOME ! !
! ! ! "
  • #3,600
  • Sep 28, 2022 5:10am Sep 28, 2022 5:10am
Quoting Pumi
My 2 cents... Ignore BW's shared information on this thread at your own peril. One doesn't have to know his Math formula to be profitable and trade the way he does - the information he has shared is good enough. All you need to do is to time and press the UP or DOWN button. A food for thought and compare to what BW, Richard D Wyckoff, and others have said, and here are some quotes from George....: "THINGS THAT HAVE NO FOUNDATION IN MY THEORIES ,, NOR THE USE OF ,,,,, DIVERGENCE ,,,, PIVOTS ,,,,, FIBONACCI ,,,,, CANDLE SHAPES AND NAMES ,,,,, ALL...
Hi Pumi, fibo is a good tool, gives us a possible zone where retracement can occur and should normally be used in moves after accumulation and preferably in trend

cheers
Uncertainty of the market must be embraced and accepted.
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