Volman meets Burke or My journey with PA | Page 78 | 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

  • #1,541
  • Jan 18, 2023 7:27am Jan 18, 2023 7:27am
Attached Image (click to enlarge)
Click to Enlarge Name: Epiphany.png Size: 89 KB



a moment of sudden revelation or insight
Mark ... Everything you have been told is a LIE
  • #1,542
  • Jan 18, 2023 7:40am Jan 18, 2023 7:40am
Here is someone who keeps their chart posts "general" while relaying lots of information.

Flying Dutchman | Page 241 | Forex Factory

The concept of the inflection point. In that pic it is a longer term range. Read Brooks and he talks about this in his own way using 5-minute bars. When you look at a chart you can see these points playing out as micro-inflection points.


Things to think about.
Mark ... Everything you have been told is a LIE
  • #1,543
  • Jan 18, 2023 7:43am Jan 18, 2023 7:43am
And that is why I do not forecast.

Attached Image (click to enlarge)
Click to Enlarge Name: 2023-01-18_094148-mes-m5.png Size: 19 KB
Mark ... Everything you have been told is a LIE
  • #1,544
  • Jan 18, 2023 7:44am Jan 18, 2023 7:44am
Quoting spzd
And that is why I do not forecast. {image}
Just those 2 recent down bars are > $50 for one contract.

The entries need to be right or out quick.
Mark ... Everything you have been told is a LIE
  • #1,545
  • Jan 18, 2023 8:44am Jan 18, 2023 8:44am
Once it turned coming out of the FHB it was all down.

Attached Image (click to enlarge)
Click to Enlarge Name: MESH23M1-turned.png Size: 26 KB
Mark ... Everything you have been told is a LIE
  • #1,546
  • Jan 18, 2023 10:52am Jan 18, 2023 10:52am
Quoting spzd
Once it turned coming out of the FHB it was all down. {image}
Similar drop on sp500 over at Flying Dutchman
every Saint has a past. Every Sinner has a Future
  • #1,547
  • Jan 18, 2023 10:57am Jan 18, 2023 10:57am
Quoting turnip15
{quote} Similar drop on sp500 over at Flying Dutchman



That is the SP500. Just a variation for trading purposes.
Mark ... Everything you have been told is a LIE
  • #1,548
  • Jan 18, 2023 2:00pm Jan 18, 2023 2:00pm
Quoting spzd
{quote} That is the SP500. Just a variation for trading purposes.
Keep up the good work Mark
every Saint has a past. Every Sinner has a Future
  • #1,549
  • Jan 19, 2023 3:24pm Jan 19, 2023 3:24pm
Quoting spzd
{quote} Asia sets the initial boundaries. London then works with that and either expands or contracts those boundaries. Which exactly I never really know until they do it. Then the volatile time of the day with the US session. Today Asia set the initial high and low. The high just above yesterday's 0930 NY open. London then solidified the low. Price was bound by London FHB. As is normal, the US FHB is large and volatile, with price holding in the bottom of the FHB range. {image}
This brings me to the Hulls.
This is where the theories and laws are used in their fullest. Among those are some generalizations for the MAs that hold true a majority of the time. A quick look at the Hull MA in general first. I have discussed this, but always good to understand at least the basics of whatever you are working with (as opposed to just throwing something on the chart and hoping it sticks with no clue what it measures). Here is the link to the page that covers the Hull:

https://school.stockcharts.com/doku....moving_average

That describes the physical make-up of the Hull. Now to discuss the behavioral aspects and how it relates to price (or vice versa).

How I have set these Hulls up is where I am using the 15-minute dynamic Hull on the M5/M1 charts to aid in identification of the major direction of price. Even though (due to the inescapable lag of indicators) it is behind price at the apex and floor of its movements. This lag is mostly negated through the interaction of price and the MAs.

Here is this weeks action on the MNQ. Keep in mind the overnight is not very volatile for the most part. There are some good runs at times and it is tradable during this period. You can see how sometimes the movement is clear, at others a bit convoluted. The blue Hull is the M15 equivalent.

Mon

Attached Image (click to enlarge)
Click to Enlarge Name: @MNQM5-H-X1-2023.01.16-1.png Size: 45 KB

Tue

Attached Image (click to enlarge)
Click to Enlarge Name: @MNQM5-H-X2-2023.01.17-1.png Size: 46 KB

Wed

Attached Image (click to enlarge)
Click to Enlarge Name: @MNQM5-H-X3-2023.01.18-1.png Size: 47 KB

Thu

Attached Image (click to enlarge)
Click to Enlarge Name: @MNQM5-H-X42023.01.19-1.png Size: 42 KB
Mark ... Everything you have been told is a LIE
  • #1,550
  • Jan 19, 2023 7:11pm Jan 19, 2023 7:11pm
Quoting spzd
{quote} This brings me to the Hulls. This is where the theories and laws are used in their fullest. Among those are some generalizations for the MAs that hold true a majority of the time. A quick look at the Hull MA in general first. I have discussed this, but always good to understand at least the basics of whatever you are working with (as opposed to just throwing something on the chart and hoping it sticks with no clue what it measures). Here is the link to the page that covers the Hull: https://school.stockcharts.com/doku....moving_average...
Here is the M5 next to the M15 showing the Hulls. (I have not really looked at using the M15. It does look cleaner.)

Attached Image (click to enlarge)
Click to Enlarge Name: 2023-01-19-M15-M5-MNQ.png Size: 51 KB
Mark ... Everything you have been told is a LIE
  • #1,551
  • Jan 20, 2023 9:16am Jan 20, 2023 9:16am
Quoting spzd
{quote} Here is the M5 next to the M15 showing the Hulls. (I have not really looked at using the M15. It does look cleaner.) {image}
Liking the M15/M1 combo.

Attached Image (click to enlarge)
Click to Enlarge Name: 2023-01-20_105817-@MES.png Size: 37 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 2023-01-20_105817-@MES-1.png Size: 32 KB
Mark ... Everything you have been told is a LIE
  • #1,552
  • Jan 20, 2023 9:17am Jan 20, 2023 9:17am
Now I can finish up with the basic rules.
Mark ... Everything you have been told is a LIE
  • #1,553
  • Jan 20, 2023 3:15pm Jan 20, 2023 3:15pm
Quoting spzd
{quote} Liking the M15/M1 combo. {image} {image}
Here it is on the UJ. Sorry GJ fans, I'm liking this pair. Also, with the battle of wills between the two central bank policies and it makes for good volatility. I am thinking this may continue for awhile.

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15-2023.01.16-X-1.png Size: 32 KB


Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM1-2023.01.16-Y-1.png Size: 45 KB
Mark ... Everything you have been told is a LIE
  • #1,554
  • Jan 20, 2023 4:12pm Jan 20, 2023 4:12pm
Quoting spzd
{quote} Here it is on the UJ. Sorry GJ fans, I'm liking this pair. Also, with the battle of wills between the two central bank policies and it makes for good volatility. I am thinking this may continue for awhile. {image} {image}
Thanks for U/J charts.. now I can make some comparisons with my 20 and 72 LinearWeightedMA
Don't care for GJ either.. spread is often ridiculous.
  • #1,555
  • Jan 20, 2023 4:30pm Jan 20, 2023 4:30pm
Quoting spzd
Now I can finish up with the basic rules.
Are they FUTURES specific only?
Success = Practice + Patience + Persistence
  • #1,556
  • Jan 20, 2023 4:33pm Jan 20, 2023 4:33pm
Quoting Lou
{quote} Thanks for U/J charts.. now I can make some comparisons with my 20 and 72 LinearWeightedMA Don't care for GJ either.. spread is often ridiculous.
The 20 Linear Weighted will be off from the 20-Hull. The formula for the Hull takes the linear weighted MA and pumps it with some steroids ...


What I have there is the 20-Hull as the base. The longer period Hulls are the Hull from a higher time frame. Switched to M15 to see structure better and it is working like a charm.
Mark ... Everything you have been told is a LIE
  • #1,557
  • Jan 20, 2023 4:34pm Jan 20, 2023 4:34pm
Quoting fxpider
{quote} Are they FUTURES specific only?
Nope .Just general rules for how I use these moving averages to trade.
Mark ... Everything you have been told is a LIE
  • #1,558
  • Jan 20, 2023 4:42pm Jan 20, 2023 4:42pm
Quoting spzd
{quote} Nope .Just general rules for how I use these moving averages to trade.
To show that it can be used with forex I will post my new fave UJ along side the indices.
Mark ... Everything you have been told is a LIE
  • #1,559
  • Jan 20, 2023 4:45pm Jan 20, 2023 4:45pm
Guess I can put trading system developer on my resume now.
Mark ... Everything you have been told is a LIE
  • #1,560
  • Jan 20, 2023 4:47pm Jan 20, 2023 4:47pm
Quoting spzd
{quote} To show that it can be used with forex I will post my new fave UJ along side the indices.
And by now you should know that will be done in my way. Sorry.




Not.
Mark ... Everything you have been told is a LIE
2 traders viewing now