Volman meets Burke or My journey with PA | Page 46 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Volman Style (70-tick chart) 751 replies

Understanding Price Action by Bob Volman (notes and examples) 99 replies

The Dissent Channel: Volman Price Action 33 replies

Bob Volman & TMT System 16 replies

pls share your journey 10 replies

Attachments: Volman meets Burke or My journey with PA
Exit Attachments

Volman meets Burke or My journey with PA

  • #901
  • Nov 17, 2022 9:40am Nov 17, 2022 9:40am
Quoting turnip15
Trying a long here albeit 25 line is close overhead {image}
MES is sitting on last month's high. Pause before thr drop. There's a lot of free space to the downside.
Mark ... Everything you have been told is a LIE
  • #902
  • Nov 17, 2022 9:42am Nov 17, 2022 9:42am
M5 has set up a triple bottom.
Mark ... Everything you have been told is a LIE
  • #903
  • Nov 17, 2022 9:44am Nov 17, 2022 9:44am
Quoting spzd
M5 has set up a triple bottom.
Yes - I am sweating at the moment. Maybe should have waited for price to pop over the 25 line just above price. I am ready to switch sides if price goes lower below those bottoms. If you look at my hourly chart there is a lot of space below.

EDIT: 3:45 stopped out
Attached Image (click to enlarge)
Click to Enlarge Name: US500_2022-11-17_15-46-30_4ab58.png Size: 178 KB
every Saint has a past. Every Sinner has a Future
  • #904
  • Nov 17, 2022 10:02am Nov 17, 2022 10:02am
Stopped Out .... The Theme of This Week
  • #905
  • Nov 17, 2022 10:15am Nov 17, 2022 10:15am
Quoting Lou
Stopped Out .... The Theme of This Week
Theme of my week _ dax okay but sp500 I am not so sure. Maybe I should look at different entry type in channel ( example -enter mid channel on change of bar colour.) I did notice, and did it deliberately, that I was trading against a strong down trend. Oh well - I see a short on my method just now, would have worked.
Conclusion - it is ME that is screwing things up.
Plodding ever onwards

More study
Attached Image (click to enlarge)
Click to Enlarge Name: US500_2022-11-17_16-14-00_4de97.png Size: 163 KB
every Saint has a past. Every Sinner has a Future
  • #906
  • Nov 17, 2022 10:21am Nov 17, 2022 10:21am
Enough for today -shutting down and going to make a cuppa for me and the wife and scoff a cake slice.
Result: Dax okay
SP500 Bollox and a work in progress - still !
Attached Image (click to enlarge)
Click to Enlarge Name: TeaCake.jpeg Size: 7 KB
every Saint has a past. Every Sinner has a Future
  • #907
  • Nov 17, 2022 2:33pm Nov 17, 2022 2:33pm
Quoting turnip15
Enough for today -shutting down and going to make a cuppa for me and the wife and scoff a cake slice. Result: Dax okay SP500 Bollox and a work in progress - still ! {image}
@spzd
@Lou
everybody else
If I was disciplined, patient and took my set ups.
Bollox trading - all down to me
Attached Image (click to enlarge)
Click to Enlarge Name: US500_2022-11-17_20-30-33_5b398.png Size: 169 KB
every Saint has a past. Every Sinner has a Future
  • #908
  • Nov 17, 2022 2:54pm Nov 17, 2022 2:54pm
Quoting turnip15
{quote} @spzd @Lou everybody else If I was disciplined, patient and took my set ups. Bollox trading - all down to me {image}
I think I mentioned it. There is often a decent move after the US session box.

ed: That is approx 1630 to 1900 GMT. Late morning through most of the afternoon NY.
Mark ... Everything you have been told is a LIE
  • #909
  • Nov 17, 2022 3:27pm Nov 17, 2022 3:27pm
Quoting turnip15
{quote} @spzd @Lou everybody else If I was disciplined, patient and took my set ups. Bollox trading - all down to me {image}
Pre month High Level good place to look for BUYS.........

Attached Image (click to enlarge)
Click to Enlarge Name: 2022-11-17_21h12_47.png Size: 37 KB
It never gets easier, you just get better
  • #910
  • Nov 17, 2022 3:44pm Nov 17, 2022 3:44pm
Quoting Shabs19
{quote} Pre month High Level good place to look for BUYS......... {image}
Which is great if I extended my trading session to wait for price reaction at those levels, which I will look into.
I was gone when it all took off.
every Saint has a past. Every Sinner has a Future
  • #911
  • Nov 17, 2022 3:45pm Nov 17, 2022 3:45pm
Quoting Shabs19
{quote} Pre month High Level good place to look for BUYS......... {image}
Nice chart.

I mentioned that about last month's high up page.
Mark ... Everything you have been told is a LIE
  • #912
  • Nov 17, 2022 3:49pm Nov 17, 2022 3:49pm
Quoting spzd
{quote} I think I mentioned it. There is often a decent move after the US session box. ed: That is approx 1630 to 1900 GMT. Late morning through most of the afternoon NY.
I didn't see any mention of it but that is probably down to me. Will look into that since"moves" are what I need to catch a few points.
every Saint has a past. Every Sinner has a Future
  • #913
  • Nov 17, 2022 3:59pm Nov 17, 2022 3:59pm
Quoting turnip15
{quote} I didn't see any mention of it but that is probably down to me. Will look into that since"moves" are what I need to catch a few points.
It wasn't today. May have been off hand some time in this thread.

Have been looking into the 1-minute and I think I solved my issue - with it and some other things. I think I inadvertently made a loose system based on knowledge from a system I (half assed) traded 7 to 10 years ago.
Mark ... Everything you have been told is a LIE
  • #914
  • Nov 17, 2022 4:01pm Nov 17, 2022 4:01pm
And with all this - it is roll over time. End of the day. 1700 New York.
Mark ... Everything you have been told is a LIE
  • #915
  • Nov 17, 2022 4:09pm Nov 17, 2022 4:09pm
Quoting turnip15
{quote} Which is great if I extended my trading session to wait for price reaction at those levels, which I will look into. I was gone when it all took off.
I might just put this instrument in my watchlist now, I will observe for a while to get used to its personality.

It wasn't too bad with the drop from UK Open either
It never gets easier, you just get better
  • #916
  • Nov 17, 2022 4:12pm Nov 17, 2022 4:12pm
Quoting Shabs19
{quote} Pre month High Level good place to look for BUYS......... {image}
If your chart package set up adds the comments in real time ie Long, TP etc. I would like one just like it..
  • #917
  • Nov 17, 2022 4:14pm Nov 17, 2022 4:14pm
Quoting Shabs19
{quote} I might just put this instrument in my watchlist now, I will observe for a while to get used to its personality. It wasn't too bad with the drop from UK Open either
I am not completely impressed with the CFD version due to the spread. I trade it on Globex through my FCM. It is a derivative of 500 underlying stocks.
Mark ... Everything you have been told is a LIE
  • #918
  • Nov 17, 2022 4:24pm Nov 17, 2022 4:24pm
Quoting spzd
{quote} I am not completely impressed with the CFD version due to the spread. I trade it on Globex through my FCM. It is a derivative of 500 underlying stocks.
I am testing an Oanda Demo, I agree spreads are too much, should be no more than 1.5 pips on average.
It never gets easier, you just get better
  • #919
  • Nov 17, 2022 4:30pm Nov 17, 2022 4:30pm
Quoting Lou
{quote} If your chart package set up adds the comments in real time ie Long, TP etc. I would like one just like it..
I only wish this was possible. We can mark the levels in advance & wait for a reaction.

Bit like playing with a pinball machine - Remember them ?

Attached Image (click to enlarge)
Click to Enlarge Name: tumblr_nlg754ivMX1relg8bo2_400.gif Size: 863 KB
It never gets easier, you just get better
  • #920
  • Nov 17, 2022 4:45pm Nov 17, 2022 4:45pm
Quoting Shabs19
{quote} I only wish this was possible. We can mark the levels in advance & wait for a reaction. Bit like playing with a pinball machine - Remember them ? {image}
My best friend since first grade had a vintage pinball machine in the basement ... based on a WWI theme... he also had a regulation pool table. Growing up we played these rather than watching Saturday morning cartoons .
2 traders viewing now