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Volman meets Burke or My journey with PA

  • #1,041
  • Nov 23, 2022 5:59am Nov 23, 2022 5:59am
Took a look at FTSE re one hour boxes and London Open lines.
Then did the same with the Dax. Plus other levels pre open for both.
Food for thought.

If I have messed up here or missed something re-the one hour boxes and Open line - please say so

Re -the FTSE I just noticed that I wasn't quick enough to notice a couple or more possible shorts off 7498 where price repeatedly hit the top of the box before falling
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every Saint has a past. Every Sinner has a Future
  • #1,042
  • Nov 23, 2022 8:36am Nov 23, 2022 8:36am
This may be a game changer for me. I remember when Kev @Blue first posted similar information. I was not ready for it then a few months ago. Took about 2 nanoseconds to see the value this time.
Mark ... Everything you have been told is a LIE
  • #1,043
  • Nov 23, 2022 8:41am Nov 23, 2022 8:41am
[quote=spzd;14232229]This may be a game changer for me. I remember when Kev @Blue first posted similar information. I was not ready for it then a few months ago. Took about 2 nanoseconds to see the value this time.[/quotePLus it took about 10 minutes to redo my charts and in a way my method. I am using the 1-minute for entries with the 15-minute for market stucture. The M15 was the chart I started with, went to the M5 as I learned and improved. Addded the M1 for more precise entries. Changed session boxes to get a clearer picture. Went back to the M15 for stucture with the new session boxes.


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Mark ... Everything you have been told is a LIE
  • #1,044
  • Nov 23, 2022 8:42am Nov 23, 2022 8:42am
And I added the equivalent of the running H1 20-ema
Mark ... Everything you have been told is a LIE
  • #1,045
  • Nov 23, 2022 8:43am Nov 23, 2022 8:43am
What I have drawn pre - New York Open.
Looking at bluesteeles one hour thingy
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every Saint has a past. Every Sinner has a Future
  • #1,046
  • Nov 23, 2022 8:45am Nov 23, 2022 8:45am
The structure is much different today for the GU and MES. Usually, they will follow each other fairly close.


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Mark ... Everything you have been told is a LIE
  • #1,047
  • Nov 23, 2022 8:55am Nov 23, 2022 8:55am
GU just bumped into last week's high.
Mark ... Everything you have been told is a LIE
  • #1,048
  • Nov 23, 2022 8:59am Nov 23, 2022 8:59am
Just so everyone knows. You don't need a power pc to do this. Just need enough space to see. And for some odd reason I felt the need to prove reality.


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Mark ... Everything you have been told is a LIE
  • #1,049
  • Nov 23, 2022 9:02am Nov 23, 2022 9:02am
Quoting turnip15
What I have drawn pre - New York Open. Looking at bluesteeles one hour thingy {image} {image} {image}
After half an hour
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every Saint has a past. Every Sinner has a Future
  • #1,050
  • Nov 23, 2022 9:12am Nov 23, 2022 9:12am
Quoting turnip15
{quote} After half an hour {image}
I have the GU on one laptop and the MES on the other. I trade both but use the GU to identify potential areas of interest. What we have now is the GU hittinf last week's high and a RN50.

This time it was a dead stop. The GU M! is consolidating now.
Mark ... Everything you have been told is a LIE
  • #1,051
  • Nov 23, 2022 9:18am Nov 23, 2022 9:18am
Quoting spzd
{quote} I have the GU on one laptop and the MES on the other. I trade both but use the GU to identify potential areas of interest. What we have now is the GU hittinf last week's high and a RN50. This time it was a dead stop. The GU M! is consolidating now.
No more red data until some talking heads later on. This now becomes stricter tech trading (no fundies data).
Mark ... Everything you have been told is a LIE
  • #1,052
  • Nov 23, 2022 9:27am Nov 23, 2022 9:27am
Quoting spzd
GU just bumped into last week's high.
I don't have that on CFD but ADR is nearby
What my Cable chart looks like now
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every Saint has a past. Every Sinner has a Future
  • #1,053
  • Nov 23, 2022 9:29am Nov 23, 2022 9:29am
My theory of equilibrium says that when price gets stretched, like it is now, it needs to either retrace or range to reset with its equilibrium. I use the 20 period ema as my dynamic equilibrium point. I also use multiples of the 20-ema to replicate the higher time frames - M5, M15, and H1. If it is a stronger trend, only the M1 needs to reset to continue.


At this point I have completely gone off the reservation and the title of this thread means nothing. I have now incorporated my previous theories into a price action framework with immersive study of how price moves and I am ready.
Mark ... Everything you have been told is a LIE
  • #1,054
  • Nov 23, 2022 9:32am Nov 23, 2022 9:32am
Quoting turnip15
{quote} I don't have that on CFD but ADR is nearby What my Cable chart looks like now {image}
I am currently using mt5 for both instruments. This allows me to put the exact same "system" onto both.

And it is moving again.
Mark ... Everything you have been told is a LIE
  • #1,055
  • Nov 23, 2022 9:33am Nov 23, 2022 9:33am
It may retest the areas of "S/R".

edit: because price on the M1 will do little pullbacks more often than higher time frames. I will sometimes wait for a retest when clearer more significant areas.
Mark ... Everything you have been told is a LIE
  • #1,056
  • Nov 23, 2022 9:38am Nov 23, 2022 9:38am
And my spreads are REAL tight so O can get into more moves that don't pan out. A blessing and curse. Makes stops tight though.

Spread for GU is 1 pipette. 0.1 pip.

Spread for MES is 1 or 2 ticks. 0.25 to 0.5.
Mark ... Everything you have been told is a LIE
  • #1,057
  • Nov 23, 2022 9:42am Nov 23, 2022 9:42am
ADR is acceptable to get an idea of where a high or low may be starting to be put in place. I do not use it. (Not to brag) my PA understanding has gotten to the point I let price, and my few tools, tell me most everything.
Mark ... Everything you have been told is a LIE
  • #1,058
  • Nov 23, 2022 9:44am Nov 23, 2022 9:44am
Everything I am saying refers to both instruments. The only one to move has been the GU. Over 25p since it started again.
Mark ... Everything you have been told is a LIE
  • #1,059
  • Nov 23, 2022 9:44am Nov 23, 2022 9:44am
Quoting turnip15
{quote} After half an hour {image}
Later that day
@spzd

At some point do you think price will return to the open today ?
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every Saint has a past. Every Sinner has a Future
  • #1,060
  • Nov 23, 2022 9:47am Nov 23, 2022 9:47am
Quoting spzd
My theory of equilibrium says that when price gets stretched, like it is now, it needs to either retrace or range to reset with its equilibrium. I use the 20 period ema as my dynamic equilibrium point. I also use multiples of the 20-ema to replicate the higher time frames - M5, M15, and H1. If it is a stronger trend, only the M1 needs to reset to continue. At this point I have completely gone off the reservation and the title of this thread means nothing. I have now incorporated my previous theories into a price action framework with immersive...
We could have a competition for the most apt name for a new thread
every Saint has a past. Every Sinner has a Future
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