Flying Dutchman | Page 248 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Equity millipede & Flying Buddha trading journal 9 replies

Flying buddah pattern 20 replies

Build an Equity Millipede with the filtered Flying Buddha 171 replies

Flying buddha pattern 12 replies

16/10/'07 - Crude oil and Greenback flying in opposite directions. 0 replies

Attachments: Flying Dutchman
Exit Attachments

Flying Dutchman

  • #4,941
  • Jan 31, 2023 10:52pm Jan 31, 2023 10:52pm
Nice setup. I will be HAWK eyeing the PA of FRNKY and LONDON open.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 11 KB
Success = Practice + Patience + Persistence
  • #4,942
  • Feb 1, 2023 1:51am Feb 1, 2023 1:51am
Quoting TimeTells
{quote} cheers Shabs, and Hi Dave I cant find your post to me anymore
I have also noticed some of the posts disappearing after a couple of hours. Not sure why.

There were some charts of the same pair but on different timeframes, not sure what I was supposed to be looking at, so answered it briefly.

Targets can also often be referred to as "liquidity pools", places where traders would leave stop orders in the market to catch breakouts, stoplosses to
prevent unlimited losses and take profit orders. I think the term " Herd mentality" was used quite a bit.

Anyhow, fake moves occur everyday to provide liquidity for the professionals to tap into, we just have to be clever to spot them.
It never gets easier, you just get better
  • #4,943
  • Feb 1, 2023 2:14am Feb 1, 2023 2:14am
Quoting TimeTells
{quote} Hi turnip, well done hahaaa. I should clarify that for me, Zepps and levels, well they are observations (one building, with the other set in concrete). So, essentially I am considering trading at two junctions. One where price is doing "nothing" (ie dormant, inflection waiting to breakout which can take varying amounts of time not a set number of candles for example) The other when price is doing "something larger than usual" (ie HAS broken out with a logical target on the horizon of 'enough' pips to risk a DD for, or AFTER the end of a...
Here's the GJ on simple levels. I've taken Shabs idea of using a 30 minute and move down to 5 minute execution. Gave a nice short.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY_2023-02-01_10-12-13_8db04.png Size: 147 KB
every Saint has a past. Every Sinner has a Future
  • #4,944
  • Feb 1, 2023 2:21am Feb 1, 2023 2:21am
Quoting Shabs19
{quote} I have also noticed some of the posts disappearing after a couple of hours. Not sure why. There were some charts of the same pair but on different timeframes, not sure what I was supposed to be looking at, so answered it briefly. Targets can also often be referred to as "liquidity pools", places where traders would leave stop orders in the market to catch breakouts, stoplosses to prevent unlimited losses and take profit orders. I think the term " Herd mentality" was used quite a bit. Anyhow, fake moves occur everyday to provide liquidity...
So many theories of "pools" etc. Sometimes/often, just putting in your levels and standing in front of them, hoping to get run over is better than all the math's, triangulation/strangulation, gaps and other dark arts. I prefer "simple" lines and "zeppelins" cos I am not too smart but I can be methodical, attentive, listen and appreciative of constructive criticism.
every Saint has a past. Every Sinner has a Future
  • #4,945
  • Edited 4:03am Feb 1, 2023 2:28am | Edited 4:03am
Quoting whitesta
Hi All, A very good setup that i missed. Saw it a little late. Again the TP is small but with the confluences, it was going to the target with very high probability. These setups are there nearly every session. I see most of them a bit late as i trade 1 minute timeframe and at specific times. One thing i have noticed is that it is good to wait for a retest or forming of LHs, HLs before placing a trade. With whatever i have learnt in this thread i can assure u that it is very hard NOT to chase a trade. Especially after a big candle has formed in...
Keep it up. Soon you will spot set ups just before they break. It is hard to track price hence previously drawn in levels help as you watch price react to them. Greater confidence on a re test is fine since your stake could be of a bigger size hence needing greater caution. Keep probability on your side with reasonable targets. Your 12 pips a day alluded to in an earlier post is more likely, more frequently than 60 pips a time. Good for your pocket and good for your head. That's my theory anyway and I am new compared. to many here :-)
every Saint has a past. Every Sinner has a Future
  • #4,946
  • Feb 1, 2023 2:30am Feb 1, 2023 2:30am
Quoting OAPDave
{quote} They go INVISABLE like most of the guys on here
They go invisible, might be because they are invincible.
Success = Practice + Patience + Persistence
  • #4,947
  • Feb 1, 2023 2:41am Feb 1, 2023 2:41am
Quoting turnip15
{quote} So many theories of "pools" etc. Sometimes/often, just putting in your levels and standing in front of them, hoping to get run over is better than all the math's, triangulation/strangulation, gaps and other dark arts. I prefer "simple" lines and "zeppelins" cos I am not too smart but I can be methodical, attentive, listen and appreciative of constructive criticism.
The chart is basically a "map" for me.

I like to see where all the service stations, junctions, exits are, as well as the hazards (News Events) and

having a simple plan of where my journey starts & ends for the time of the day I like to travel.

Fail to Plan, Plan to Fail.
It never gets easier, you just get better
  • #4,948
  • Feb 1, 2023 2:49am Feb 1, 2023 2:49am
Quoting Shabs19
{quote} The chart is basically a "map" for me. I like to see where all the service stations, junctions, exits are, as well as the hazards (News Events) and having a simple plan of where my journey starts & ends for the time of the day I like to travel. Fail to Plan, Plan to Fail.
I wish I was smart enough to have written that
every Saint has a past. Every Sinner has a Future
  • #4,949
  • Feb 1, 2023 7:01am Feb 1, 2023 7:01am
Lots of RED news in US soon.
every Saint has a past. Every Sinner has a Future
  • #4,950
  • Feb 1, 2023 7:17am Feb 1, 2023 7:17am
Quoting turnip15
Lots of RED news in US soon.
And none of it really good.
Mark ... Everything you have been told is a LIE
  • #4,951
  • Feb 1, 2023 7:18am Feb 1, 2023 7:18am
Quoting Shabs19
{quote} The chart is basically a "map" for me. I like to see where all the service stations, junctions, exits are, as well as the hazards (News Events) and having a simple plan of where my journey starts & ends for the time of the day I like to travel. Fail to Plan, Plan to Fail.
That, sir, is a very good analogy.
Mark ... Everything you have been told is a LIE
  • #4,952
  • Feb 1, 2023 12:02pm Feb 1, 2023 12:02pm
Seriously??

Saw this elsewhere!!



Is he still Selling indicators from his website?


+39%

P.S. Now please tell me what for I need to draw stupid colored lines on my chart and talk with serious face about support and resistance levels because of banks blah-blah-blah Only VOLUME, only HARDCORE! We don't need any bullshit data, all we need is ORDERFLOW!
Attached Image (click to enlarge)

https://www.forexfactory.com/attachm...l?d=1675280381
  • #4,953
  • Feb 1, 2023 1:47pm Feb 1, 2023 1:47pm
Quoting OAPDave
{quote} You stupid, self opinionated, no hidden agender dick head If you had bothered to look at my profile you would have seen how long I have been trying to evaluate and understand all things Murrey Maths good or bad Over a fair numbers of years I have popped onto a small number of threads, indeed spent many a happy hour having a very polite debate with Parisboy and listened to his views, must say in a very civil manner, both of us agreeing to disagree with each others views Exchanged thoughts and ideas with Mastermind Swingman Parisboy and I...
Im not referring to you! The post was from Rudy!
I have no issues with you posting.
  • #4,954
  • Feb 1, 2023 2:03pm Feb 1, 2023 2:03pm
Quoting OAPDave
{quote} YES You Are
It's this guy, sells Free indicators and criticises people whi use lines & indicators

https://www.forexfactory.com/thread/...7#post14309857
It never gets easier, you just get better
  • #4,955
  • Feb 1, 2023 2:18pm Feb 1, 2023 2:18pm
Quoting OAPDave
{quote} YES You Are
Dave,

Moody was not referring to you. He was referring to Little Ricky who Shabs pointed out.
Mark ... Everything you have been told is a LIE
  • #4,956
  • Feb 1, 2023 2:19pm Feb 1, 2023 2:19pm
Quoting turnip15
{quote}
So many theories of "pools" etc. Sometimes/often, just putting in your levels and standing in front of them, hoping to get run over is better than all the math's, triangulation/strangulation, gaps and other dark arts.
I prefer "simple" lines and "zeppelins" cos I am not too smart but I can be methodical, attentive, listen and appreciative of constructive criticism.

Hi turnip, yes agree pal, keeping it simple works best for me too.
The market moves away from source, or moves back to source and that's it - what we do in the middle is our stuff.
  • #4,957
  • Feb 1, 2023 2:21pm Feb 1, 2023 2:21pm
Quoting spzd
{quote} Dave, Moody was not referring to you. He was referring to Little Ricky who Shabs pointed out.
And a couple of the folks you mentioned come across a bit arrogant pb for ex.
Mark ... Everything you have been told is a LIE
  • #4,958
  • Feb 1, 2023 2:29pm Feb 1, 2023 2:29pm
Quoting OAPDave
Murrey Maths Rule Failed to make a New High after 4 Days {image} {image} {image} {image} {image} {image}

Hi Dave, love the charts pal.

I have looked at and template'ed (lol) pretty much everything made available to us.
In the end, imho, they are all roadmaps of a sort.
Trading them, at what point on the chart, what time of the day, what session etc is ours alone.

Cheers for doing the GJ as I have a reference point to fall back on.

While I don't do this 'every' day as a 'function' I always like to look back on the fibs.
Here's two charts with fibs on the prev day unbroken (yet) swings, looking mainly for equilibrium at the 50%.
This I don't believe (just in my own mind, lol) is where any liquidity etc is sitting as to me liquidity is a function of current market order activity
(stops are a different kettle of fish to me, though in essence "hard" stops which I never use are waiting liquidity should price return).

If the 'larger' market player/s are (?) working on aggregating what is in the pool that explains to me the seeming 'random' moves that go 'towards' a target line.

Whether we trade TO the target lines, from them as reversals at exhaustion or even in the middles is up to US and what suits us best imo.

anyway two quick equilibrium charts that "may" mean something to the market in its meanderings today OR NOT lol, who knows.

.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPJPYH1 day by day prior major swing 1.png Size: 23 KB
Click to Enlarge Name: GBPJPYH1 day by day prior major swing 2.png Size: 22 KB
  • #4,959
  • Feb 1, 2023 2:44pm Feb 1, 2023 2:44pm
Quoting OAPDave
{quote} I respect all guys and their ideas, yours, moodybot, , spzd Parisboys and yes I have seen the tread mentioned but in the latter case its way over my head I trade my own way and admit bits from other threads have played a part in my thinking But as Parisboy will vouch I have been rather stubborn on trying to crack Murrey, much to his distaste I have no interest in nan o second trading or in general anything under 60 mins, but I can see the attraction (yes have dabbled myself in the past) and perhaps the odd time in the future I have reacted...
Feel free to drop a chart or two over at my house. Looked at Murrey many years ago back when there was no indicator to plot it. More work than I wanted to continue with. And I think a number of us can relate to the drive to figure out their corner of the markets.
Mark ... Everything you have been told is a LIE
  • #4,960
  • Feb 1, 2023 2:51pm Feb 1, 2023 2:51pm
Quoting OAPDave
{quote} I respect all guys and their ideas, yours, moodybot, , spzd Parisboys and yes I have seen the tread mentioned but in the latter case its way over my head I trade my own way and admit bits from other threads have played a part in my thinking But as Parisboy will vouch I have been rather stubborn on trying to crack Murrey, much to his distaste I have no interest in nan o second trading or in general anything under 60 mins, but I can see the attraction (yes have dabbled myself in the past) and perhaps the odd time in the future I have reacted...
You misunderstood the reason why I highlighted the post.
You are still welcome to post your charts etc on this thread.

Andy
27 traders viewing now