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Flying Dutchman

Quoting Shabs19
{quote} This is the best you can come up with ? 4 sentences when 1 will do. We are done mate. Bye.
LOL
I know you think that you said smth smarter. But that's total BS as your previous posts and charts
Bye
Quoting Ihlas
{quote} LOL I know you think that you said smth smarter. But that's total BS as your previous posts and charts Bye
Ok , you win. You live in your own world, one century ahead of us all.

You Happy Now ?
Follow the Money
Quoting FocusWinReal
{quote} Mr Burke offers good value learning and hindsight is awesome. I would like to see him do a trade however. I come and go from his content. It's good then it shits me. His 1 minute mindset vids are the best. Some put it in the open and everyday like live streamers. https://www.youtube.com/@ForexToday/streams Todd capital group and Raja Banks are two others. Oh and Trader Tombo who puts it all out there.
Curious, why is it important to see him do a live trade. Do any of the others have a method which they promote in their live trading?

Not defending SBurke even though much of what I do comes from his concepts. If it was a mechanical system with indis and all sorts of other things one would need to be aware of, then live demos would be a must. Granted it would give him a huge amount of cred if he did do some live trading.

I personally do not watch live trading. Why? I can watch my own live trades ...
Mark ... Either you understand or you don't, and that is that.
Quoting spzd
{quote} Curious, why is it important to see him do a live trade. Do any of the others have a method which they promote in their live trading? Not defending SBurke even though much of what I do comes from his concepts. If it was a mechanical system with indis and all sorts of other things one would need to be aware of, then live demos would be a must. Granted it would give him a huge amount of cred if he did do some live trading. I personally do not watch live trading. Why? I can watch my own live trades ... ...
So true. You can watch someone like "Trader Tom" do live trades on his channel but you learn an awful lot more watching a live chart feed noting how price forms and marking where you would short etc in real time and managing that trade (demo or otherwise) and being aware of previously noted support, brn's etc, watching a new bar form and its open in relation to the previous bar and your opened trade level. In other words, you have previously mapped out a plan pre open of where levels etc reside - then you watch price react to that plan and act according to your own interpretation of pa at those junctures.
You thus learn a lot about price action,your speed of reaction to what you see and how your personal psychology reacts in the heat of "battle."
every Saint has a past. Every Sinner has a Future
Quoting spzd
{quote} Curious, why is it important to see him do a live trade. Do any of the others have a method which they promote in their live trading? Not defending SBurke even though much of what I do comes from his concepts. If it was a mechanical system with indis and all sorts of other things one would need to be aware of, then live demos would be a must. Granted it would give him a huge amount of cred if he did do some live trading. I personally do not watch live trading. Why? I can watch my own live trades ...
If you have to ask why, you are ripe for being scammed.

I said in my post, it just has to be a real trade, not "live", he could record all week, do an edit and post the best.

I just want to see the process executed in real time, as a confirmation that he can walk the walk instead of just talk the talk!

If you watch enough of Stacey Burke, you get hypnotized by the repetitive banter.

He has the script down pat, but it's all hindsight, he's just pointing out what price did on the chart, not actually trading it.

Anyway, as you said, no indicators, so it's not mechanical; a subjective method is the hardest to teach and learn I reckon.

Maybe you should watch some real, live trading, as already suggested, start with Trader Tom



EDIT: another thing that confuses me, why is he relentlessly posting videos? There must be a motive; he not selling anything so it must be YT views right?
Maximize wins, minimize loss, stay in the game as long as you can
Quoting Erebus
{quote} If you have to ask why, you are ripe for being scammed. I said in my post, it just has to be a real trade, not "live", he could record all week, do an edit and post the best. I just want to see the process executed in real time, as a confirmation that he can walk the walk instead of just talk the talk! If you watch enough of Stacey Burke, you get hypnotized by the repetitive banter. He has the script down pat, but it's all hindsight, he's just pointing out what price did on the chart, not actually trading it. Anyway, as you said, no indicators,...
Have to disagree with the first statement. As far as the rest, kind of a reason. Why? By your standards almost everything about trading is null and void due to not seeing it done beforehand. Also, even legit instructors are null and void if they do not have a live demonstration. Just following your line of thought.

His motives? I have no clue. He goes by Stacey Burke Trading. That implies that at one time he may have had the idea to monetize on his method other than his own trading. Is there anything wrong with that? Interpretation I suppose. I have gotten immense value from his material with no cost other than my time. So, in a way I paid.

Again, I ask why is it so important? Can someone not take some information without all the same old lame FF show me your account ... show me your trades ...
Mark ... Either you understand or you don't, and that is that.
A couple of Sunday afternoon thoughts....

From what others have told me personally and from my own experience...helping others is part of our nature AND what several "Trader/Teachers/Mentors" have told me is that thru live teaching.. chats... articles/blogs.. websites... videos... charts/hindsight etc is that the teacher benefits more than the student,,,, think about that....

The "traders" that help and teach others benefit greatly by helping.... without getting philosophical(whilst I believe in that too ) those that spend
countless hours helping others for nothing and subject themselves to criticism... cries of fake... scammer etc....

How...Well if you dive a little into how humans learn and the psychology of repetition the answer becomes clear. Its the simple repetition of your method that drills it into your own mind....ALL the nuances the questions you get etc...

So if your asking Why? Some people are genuinely good and desire to help for nothing for not even a thank you..They just do it for the love of what they do.
Which then translates into the benefit of deepening your own learning of your own methodology system.

I know thats exactly why Trader Tom does what he does...and I know thats why Stacey Burke does what he does...A few of us know thats why George spent thousands of hours helping others.... I know because they have told me privately when I have asked... The teaching is not for profit...its to help others plain and simple and thus you help yourself....bit of a golden rule I guess

"If you do what you love you will never work a day in your life"

Cheers and hope everyone has a great week.

Blue

A last thought on Hindsight...Why is it that highly successful traders will review daily their past/hindsight charts before their trading session ?
The Best Loser Wins
  • Post #4,228
  • Quote
  • Edited Nov 21, 2022 12:40am Nov 20, 2022 10:19pm | Edited Nov 21, 2022 12:40am
Quoting bluesteele
A couple of Sunday afternoon thoughts.... From what others have told me personally and from my own experience...helping others is part of our nature AND what several "Trader/Teachers/Mentors" have told me is that thru live teaching.. chats... articles/blogs.. websites... videos... charts/hindsight etc is that the teacher benefits more than the student,,,, think about that.... The "traders" that help and teach others benefit greatly by helping.... without getting philosophical(whilst I believe in that too ) those that spend countless hours helping...
Well said Bluesteele. Some here just brag and don't really show anything useful and then have arguments for just argument sake. What frustrates me is that some just come here with their criticisms or put others down. Atleast some are putting out charts and helping others. Pretty sure they know whom i am talking about so please if u can't be positive, don't be critical of others. If there was one way of trading we all would have been millionaires. Trade Well.
Quoting spzd
{quote} Curious, why is it important to see him do a live trade. Do any of the others have a method which they promote in their live trading? Not defending SBurke even though much of what I do comes from his concepts. If it was a mechanical system with indis and all sorts of other things one would need to be aware of, then live demos would be a must. Granted it would give him a huge amount of cred if he did do some live trading. I personally do not watch live trading. Why? I can watch my own live trades ...
spzd please read my post accurately. I never said it was important. I would like to see him do it that is all, as in see the master at work kind of thing. It's a compliment for his content and his dedication. If he chooses not to that is ok and his choice. I'm not pushing that he has to validate himself. His concepts outside of the 12 hour box are taken from other traders and he's made his own which is good. And he puts his face to his content.

I will not dare talk about Stacey anymore. 2022 is way too sensitive.
As for the other guys mentioned they have made themselves by their public showing of their methods and trades. And they seem to be the types that love it. Like we all do. Total respect to them as well.

All the best.
Quoting Ihlas
{quote} It looks like I'm one century ahead I'm just suggesting don't only rely on charts Good luck
I have no idea what you mean but if it's good for you keep doing it. Did you hand draw your charts 100 years ago?

Have you tried million year pivots?
Quoting TimeTells
{quote} Hi FWR, Maybe quarterly, bi-monthly, six monthly also. What I notice is, that it's more what the Market (and therefore other Traders) do at & after any of these points of interest (Kev calls them Interaction Places) that is a key for consideration. If we can watch for a reaction “after” the Interaction, ie if local structure is broken, retested then resumes (which often looks like Inflection) then we might have a nice little trade on our hands (or not, lol, - I merely follow along in the ‘moment’ mostly with the larger directional play -...
Mr Jankosky gives some good insight TT. Not from just a retail perspective but from his work in the industry.
Giving the compression book a read at the moment so can't comment on that until finished. I found his video refreshing after having read his first book over 12 years ago.
Quoting FocusWinReal
{quote} spzd please read my post accurately. I never said it was important. I would like to see him do it that is all, as in see the master at work kind of thing. It's a compliment for his content and his dedication. If he chooses not to that is ok and his choice. I'm not pushing that he has to validate himself. His concepts outside of the 12 hour box are taken from other traders and he's made his own which is good. And he puts his face to his content. I will not dare talk about Stacey anymore. 2022 is way too sensitive. As for the other guys...
It really isn't that important. If I came across that way, my bad.

The honest truth, I have taken from Mr Burke probably all I will. What I use is a valuable part of my method. My knowledge needs to expand beyond that.
Mark ... Either you understand or you don't, and that is that.
Quoting FocusWinReal
{quote}
Mr Jankosky gives some good insight TT. Not from just a retail perspective but from his work in the industry. Giving the compression book a read at the moment so can't comment on that until finished. I found his video refreshing after having read his first book over 12 years ago.

Hi FWR,

I did find it a tough slog to get through.
While I am always looking for something different or new, if you know what I mean, and I found what I wanted.
While his Time Compression is not my Inflection lol, there are similarities, while his are always tops & bottoms of charts I guess,

His "big swings eventually return to their starting point' gell'd with a lot of my own thinking.
and "losing traders are trying to predict where the market is going, while winning traders are attempting to participate with what is happening", I liked also.

I'll let you throw us a couple lol, once finished. I had to read it in stages lol
Quoting TimeTells
{quote} Hi FWR, Maybe quarterly, bi-monthly, six monthly also. What I notice is, that it's more what the Market (and therefore other Traders) do at & after any of these points of interest (Kev calls them Interaction Places) that is a key for consideration. If we can watch for a reaction “after” the Interaction, ie if local structure is broken, retested then resumes (which often looks like Inflection) then we might have a nice little trade on our hands (or not, lol, - I merely follow along in the ‘moment’ mostly with the larger directional play -...
All good TT, nice words, haven't looked at bi-monthly or six monthly perhaps they have some value. You are right in saying its what other traders do at those levels that is ultimately what gives results. See chart attached with AUD just having given a (up to now) quarterly high and now sitting just below the 2019 yearly low and at recent Nov 7 and 14 weekly lows. Which is also an 800 ema on the 15 minute chart. Coincidence?
Attached Image (click to enlarge)
Click to Enlarge Name: Quarterly AUDUSD.aH1.png Size: 34 KB
Its easy to overcomplicate things.. human nature

Heres a bunch of charts of TimeTells fav GJ...

Charts are 5m... With 2hr box starting at London Exchange opening....

The key point of these charts is The LSE equity open...AND the corresponding Box....
How does price react to the open and to the box.....

I can tell you that 30+yrs of US indices data gives great insight into how price moves for the entire day
based on the first 60/90 mins,,,,with "THE ALGO" based off that60/90 mins AND TIME PATTERNS based off 5m chart The high/Low of the day
is set 90+% of the time off the box...

I also can say this carries over to currency pairs as well... This initial defining range sets the days parameters.

So with that said these charts will simply show LSE open and a 2hr box...
Very simple but very powerful...and the truth is one could successfully trade these setups with basic PA skills.....

MARKET OPEN.......A SIMPLE POWERFUL LINE

Attached Image (click to enlarge)
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The Best Loser Wins
Nothing cherry picked just a sampling of various scenarios surrounding the LSE open...Like anything with trading nothing always works...nothing is ever exactly the same...context and confluence greatly helps. Patience and the "right" chart experience in knowing what to look for...


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The Best Loser Wins
Over and over and over again.
Mark ... Either you understand or you don't, and that is that.
Quoting spzd
{quote} It really isn't that important. If I came across that way, my bad. The honest truth, I have taken from Mr Burke probably all I will. What I use is a valuable part of my method. My knowledge needs to expand beyond that.
No worries spzd, all good and I agree with getting a healthy variety of perspectives is good for developing your own style.
One more before bed NY open comes too soon lol...

The infamous Algo(s) slowly revealed,,, Al Brooks studied the market behaviors for over 40 years
The first 60-90 mins are what the day is based off,,,,Everything plays off that opening range.
AL talks about the algo(s) and how its based off these times and prices...
Its how we know bar 18(5mchart) off the open gives us 90+% prob High or low of day has been
set...
Its how we know 20% of days market trends right out of the gate and doesnt look back...
That is what the box does it helps identify what is developing it exposes the algo in an easy to read visual
manner,... There is more to it..such as FIBs based off certain box parameters that give both targets and entries...

But as I was looking at the charts I just posted and one grabbed my eye with a beauty 3 bar fractal off the open line.
A+ trade that can be hit heavy with reasonable stop....anyways thats besides the point lol.....

Point is the box and the range it sets and how it is respected...This happens day in and day out..But not everyday nothing is 100%.

This chart just displays very nicely that inital range expanded out..until it resets...

Thats all for now

Cheers
Blue

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM5 sep 21 2022 algo box.png Size: 39 KB
The Best Loser Wins
Quoting FocusWinReal
{quote} I have no idea what you mean but if it's good for you keep doing it. Did you hand draw your charts 100 years ago? Have you tried million year pivots?
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