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Flying Dutchman

  • #4,461
  • Dec 16, 2022 1:59pm Dec 16, 2022 1:59pm
Quoting Shabs19
{quote} Potato / Patato again ?
Markets are Mirrors,,Mastery of craft is mastery of self
  • #4,462
  • Dec 16, 2022 4:28pm Dec 16, 2022 4:28pm
Quoting spzd
{quote} {image}
What was the market Low on your chart on the 15th Dec Thursday ?

I have a BOS that is retested to within 4 pips on the Friday 16th.
It never gets easier, you just get better
  • #4,463
  • Edited 5:36pm Dec 16, 2022 5:20pm | Edited 5:36pm
Quoting Shabs19
{quote} What was the market Low on your chart on the 15th Dec Thursday ? I have a BOS that is retested to within 4 pips on the Friday 16th.
Attached Image (click to enlarge)
Click to Enlarge Name: MESH23M5-R12.15.2022.png Size: 39 KB



edit: March 2023 micro e-mini futures
Mark ... Everything you have been told is a LIE
  • #4,464
  • Dec 16, 2022 5:34pm Dec 16, 2022 5:34pm
Quoting spzd
{quote} {image}
So the pip count was the same 4 pips, 3912 - 3908 FLIP
It never gets easier, you just get better
  • #4,465
  • Dec 16, 2022 5:35pm Dec 16, 2022 5:35pm
Quoting Shabs19
{quote} What was the market Low on your chart on the 15th Dec Thursday ? I have a BOS that is retested to within 4 pips on the Friday 16th.
Once/if one goes futures, you need to adjust to a week or so every 3 months of odd prices. No big deal if you are trading short term. One way to alleviate this is with a continuous contract which uses price from the most forward contract. Otherwise, you need to accept the fact that spot and futures are different prices. Same nearly identical bar pattern.

Attached Image (click to enlarge)
Click to Enlarge Name: SP500M5-R12.15.2022.png Size: 31 KB



edit: spot SP500 CFD
Mark ... Everything you have been told is a LIE
  • #4,466
  • Dec 16, 2022 9:29pm Dec 16, 2022 9:29pm
Quoting bluesteele
There is NOTHING RANDOM in the markets..... Everything is MEASURED AND TIMED..... Specific Measured Point to Point Moves..... I know after many many years in this game ... This is very true .. I see it every single day... I trade it Every single day.... Specific Measured levels and timing. It's how it works..... https://youtu.be/1aPmYTyleq4
Good vid there by Stacey. (oops I mentioned him said I wouldn't but it's ok he's ace.) Still don't get the day counts also level counts.

Anyway he touches on time. Very precise movements based on time. Then he touches on smart money concepts, are they really just common money concepts now? Just read a book on time compression (multi timeframe analysis basically) which the author believes time is the important thing.
  • #4,467
  • Dec 16, 2022 9:34pm Dec 16, 2022 9:34pm
Quoting bluesteele
{quote}
Just a random chart of a random market....with random levels random times random swings random prices and
even some random volume for fun as I dont want to leave anyone out{image}

Our random markets

Plus the end of week on GJ
(I love the random NY Ope spike of the left, took em out by ½ a pip lol)

.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1 whats half a pip between friends.png Size: 17 KB
  • #4,468
  • Dec 16, 2022 9:39pm Dec 16, 2022 9:39pm
Quoting FocusWinReal
{quote}
Good vid there by Stacey. (oops I mentioned him said I wouldn't but it's ok he's ace.)
Still don't get the day counts also level counts.
Anyway he touches on time. Very precise movements based on time. Then he touches on smart money concepts, are they really just common money concepts now? Just read a book on time compression (multi timeframe analysis basically) which the author believes time is the important thing.
Hi FWR,

Me either to begin with.

Reviewing one of his vids again I now accept the three day counts do NOT need to be consecutive, if that helps.

ie Day 1 can be UP, Day 2 flat, Day 3 range, Day 4 UP again. The Next UP Day would complete his 3 day cycle

(tho I HAVE seen 4 pushes UP, with flat days in between, for what its worth ).

Kev can explain it all better.
  • #4,469
  • Dec 17, 2022 6:42am Dec 17, 2022 6:42am
Quoting TimeTells
{quote} Hi FWR, Me either to begin with. Reviewing one of his vids again I now accept the three day counts do NOT need to be consecutive, if that helps. ie Day 1 can be UP, Day 2 flat, Day 3 range, Day 4 UP again. The Next UP Day would complete his 3 day cycle (tho I HAVE seen 4 pushes UP, with flat days in between, for what its worth ). Kev can explain it all better.
Will an FGD ( first green day) be also counted as a UP day? or it must break the prev daily high to be considered a UP day??
Success = Practice + Patience + Persistence
  • #4,470
  • Dec 17, 2022 7:10am Dec 17, 2022 7:10am
Quoting TimeTells
Called this chart, "random I doubt it" . {image}
Not dissimilar to a Trader Vic 2B Reversal
  • #4,471
  • Dec 17, 2022 7:20am Dec 17, 2022 7:20am
Quoting fxpider
{quote}
Will an FGD ( first green day) be also counted as a UP day? or it must break the prev daily high to be considered a UP day??

It's all a bit too subjective for me fxp.

I don't trade based on this, or wait for any number of days to occur (in either direction).
I trade "in the moment" based on what the market is 'doing' at the time.

Having said that, Kev/Blue and I did discuss this actual pair below lol AND the potential for it being a 4th day reversal when texting on Skype.
And I was selling on the day for pips hahaa.

But I was well asleep lol on the large drop candle, which printed after Franky close and into the London Close Fixing Time.
This happens a lot in the New York Session while I am asleep dossing hahaa -
But no fomo, the market does its mechanics - each day.

I play in Asia & pre-Franky Open to two hours after the London Open (my best period for pips)

Here's the chart of GJ leading up to that 4th day turn potential Kev & I discussed.

And remember, I have seen 4 days Up also (maybe more), so this 3 day cycle is not set in concrete as a set trade idea for me (imho).

Watch the market intraday, it will tell you what it's doing by the candles printing
(it has to, that just can't be hidden, only foxed - with the fakes & flips etc).

.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1 3 day run cycles too subjective.png Size: 19 KB
  • #4,472
  • Dec 17, 2022 7:29am Dec 17, 2022 7:29am
Quoting handy148
{quote}
Not dissimilar to a Trader Vic 2B Reversal

Hi handy,

Mate it's the market mechanics playing out over & over.

Here's a post from near two years ago, I was trading pretty much the same way back then lol (have refined it over time of course).

Have a look at the chart in this old post - repitition by variance is the play of the market as I see it.

all the best


https://www.forexfactory.com/thread/...4#post13383484
  • #4,473
  • Dec 17, 2022 8:13am Dec 17, 2022 8:13am
Quoting TimeTells
{quote} It's all a bit too subjective for me fxp.
Because of this subjectivity, I consider trading an art. Every day we trade, either we make money or we learn something, and sometimes both. The TA truly lies in the eyes of the beholder.

The way I comprehend the SB's day count is, after 3 up days ( FGD inclusive and inside day exclusive), the probability of a corrective move is quite high. Even the EW traders will be waiting for a major correction. Keeping that in mind, any subsequent up day (after counting the 3rd) is a bull trap for me, and which day of the current week is also a factor. IMO
Success = Practice + Patience + Persistence
  • #4,474
  • Edited 9:31am Dec 17, 2022 8:52am | Edited 9:31am
Quoting fxpider
{quote} Because of this subjectivity, I consider trading an art. Every day we trade, either we make money or we learn something, and sometimes both. The TA truly lies in the eyes of the beholder. The way I comprehend the SB's day count is, after 3 up days ( FGD inclusive and inside day exclusive), the probability of a corrective move is quite high. Even the EW traders will be waiting for a major correction. Keeping that in mind, any subsequent up day (after counting the 3rd) is a bull trap for me, and which day of the current week is also a factor....
You are subjective and objective at the same time.

The subjective part is always a price, a level, a line, a structure that you observe and when your conditions for engagement are met, be it a touch, a cross or a flip, whatever that is, is the objective part.

Trading is about timing as much as it is about TA or FA.
It never gets easier, you just get better
  • #4,475
  • Dec 17, 2022 11:02am Dec 17, 2022 11:02am
Quoting TimeTells
{quote} Hi FWR, Me either to begin with. Reviewing one of his vids again I now accept the three day counts do NOT need to be consecutive, if that helps. ie Day 1 can be UP, Day 2 flat, Day 3 range, Day 4 UP again. The Next UP Day would complete his 3 day cycle (tho I HAVE seen 4 pushes UP, with flat days in between, for what its worth ). Kev can explain it all better.
Hi TT, thanks for the explanation as you see it. That's clear enough but I'm not a fan of 3 really being 5 sort of scenarios. But lines are cool.

Even this straight talker likes lines.
Inserted Video
  • #4,476
  • Dec 17, 2022 1:49pm Dec 17, 2022 1:49pm
Quoting FocusWinReal
{quote} Hi TT, thanks for the explanation as you see it. That's clear enough but I'm not a fan of 3 really being 5 sort of scenarios. But lines are cool. Even this straight talker likes lines. https://www.youtube.com/watch?v=tRsU...kZkApM&index=6
Lines in the rightplaces ?
Meanwhile - I am trying to glean more about FVGaps. One day the penny will drop or I will move on
every Saint has a past. Every Sinner has a Future
  • #4,477
  • Dec 17, 2022 3:50pm Dec 17, 2022 3:50pm
Quoting turnip15
{quote} Lines in the rightplaces ? Meanwhile - I am trying to glean more about FVGaps. One day the penny will drop or I will move on
Lines mark Boundaries, Ranges.

Lines mark Market Structure

Lines mark Market Opens, Day, Week & Month

Lines mark Major MA's levels \ Fibs \ Pivots (Optional).

Lines mark plan of Entry, Stoploss, & Take Profit(s).
It never gets easier, you just get better
  • #4,478
  • Dec 17, 2022 4:49pm Dec 17, 2022 4:49pm
Quoting FocusWinReal
{quote}
Hi TT, thanks for the explanation as you see it. That's clear enough but I'm not a fan of 3 really being 5 sort of scenarios. But lines are cool. Even this straight talker likes lines. https://www.youtube.com/watch?v=tRsU...kZkApM&index=6

Hi FWR,

Mate (imho only) everything we are given or shown in Forex has the capacity to work 50% of the time (and therefore, 50% of the time it may NOT lol).

Same with the waves folk, and I cannot sit around waiting for 'them waves' lol (well the ones in my eyes lol) to do what they are supposed to do, and
after which then indicates to followers I guess that price "might" do something afterwards.

The simplest way for me, and in imo, is to watch WHAT the market does, as it cannot hide its footprint in candles because the candles show the start/finish of PRICE in YOUR own selected timeframes.

BUT. There's the rub with candles. WHICH timeframe produces a reasonably reliable PRICE start/finish that is meaningful to US & the way we trade.

The Trader themselves here is the 'edge', for want of a better word.
To turn any 50% into 51% +++++++, if you know what I mean.
When we see the Market in its full behaviour we can never NOT see it again in our eyes, is the best I can say.
I don't discuss entries (pretty much ever) just the Market Mechanics shown in my charts. Traders will find their own best entries, for their own reasons at the time.

All the best in our search.
  • #4,479
  • Dec 17, 2022 6:20pm Dec 17, 2022 6:20pm
Just a shout out to BW.. since he doesnt show himself anymore

Hope your doing fine and wishing you all the best in 2023..

Cheers
Line trader Blue
Markets are Mirrors,,Mastery of craft is mastery of self
  • #4,480
  • Dec 17, 2022 6:59pm Dec 17, 2022 6:59pm
Quoting turnip15
{quote} Lines in the rightplaces ? Meanwhile - I am trying to glean more about FVGaps. One day the penny will drop or I will move on
Mate,

Just a thought on FVG of HTF. According to ICT, FVG shows an imbalance/inefficiency in the price due to the rapid rise or fall, and the price tends to revisit the area as the price was not offered in that area. Now, if you zoom in to LTF, we can see that prices have been already visited/offered in the FVG area, within that rapid rise or fall that was visible in one candle move (HTF). Considering that, to me, the FVG in 1M ( the lowest TF possible, well.... in MT4) would be more accurate. I will appreciate your input on this.
Success = Practice + Patience + Persistence
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