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Flying Dutchman

  • #5,501
  • Mar 4, 2023 1:46am Mar 4, 2023 1:46am
Quoting BWilliam
{quote} If onlookers just follow what you do, trade intraday swings 50pips and more, it's a cinch. Imagine what 50pips can do for our account.
the market is like the cave in the Lonely Mountain guarded by Smaug, anyone can shovel gold every day, I wish I'm Bilbo Baggins getting The Arkenstone lol.

having a discussion with someone like you might pass the point to them. hopefully sooner.

so Thank You
"the public is not yet ready for it" W.D. GANN
  • #5,502
  • Mar 4, 2023 1:56am Mar 4, 2023 1:56am
Quoting BWilliam
One last thing, that's why I wrote repeatedly, trading can be done on MT4 phone apps anywhere anytime, no special indicators required. Cheers Ps, Kwt4x you are the first member who does very similar to what I do. Finally.
just don't beat me to The Arkenstone, my PRECIOUUUUUS.
now I'm sounding like Sméagol|Gollum :/
"the public is not yet ready for it" W.D. GANN
  • #5,503
  • Mar 4, 2023 2:41am Mar 4, 2023 2:41am
Quoting Kwt4x
{quote}...s of same setting of BB (48) & ZZ (12) in M15 the direction will be half a day (12 hours) and the reading is 3 hours ...,
Hi Kwt, can you explain what the bold part means. 12 hours and 3 hours. What is 3 hours? I'm not getting it.
  • #5,504
  • Mar 4, 2023 3:19am Mar 4, 2023 3:19am
Quoting FocusWinReal
{quote} Hi Kwt, can you explain what the bold part means. 12 hours and 3 hours. What is 3 hours? I'm not getting it.
Hi FocusWinReal,

of course,

TIME= number of TF bars in a period

for example, a DAY period direction can look exactly the same in all small TF's
H1= 24, M30= 48, M15= 96, M5= 288, M1= 1440

you can control TIME by changing the setting in indicators like MA BB ZZ and other, to let you read the period you wish.

the example you asked me about, I mentioned I'm going to use the same settings of BB 48 and ZZ 12
that will represent half a day BB and 3 hours ZZ in M15, but in M30 it will read a day in BB and 6 hours in ZZ.

so, if you wish to read in M15 1 day and 6 hours just change the settings to BB 96 and ZZ 24

and that will apply to any periods you want to read day/week/month in any TF. just count the bars for the periods.

cheers,
"the public is not yet ready for it" W.D. GANN
  • #5,505
  • Mar 4, 2023 3:34am Mar 4, 2023 3:34am
Quoting Kwt4x
{quote} Hi FocusWinReal, of course, TIME= number of TF bars in a period for example, a DAY period direction can look exactly the same in all small TF's H1= 24, M30= 48, M15= 96, M5= 288, M1= 1440 you can control TIME by changing the setting in indicators like MA BB ZZ and other, to let you read the period you wish. the example you asked me about, I mentioned I'm going to use the same settings of BB 48 and ZZ 12 that will represent half a day BB and 3 hours ZZ in M15, but in M30 it will read a day in BB and 6 hours in ZZ. so, if you wish to read...
Ok got it. Thanks Kwt4x.
  • #5,506
  • Edited 3:08pm Mar 4, 2023 3:45am | Edited 3:08pm
Message for Ryu

If your unhappy that you can’t post in this scammer thread as you call it then be my guest, the thread is open to you.

https://www.forexfactory.com/thread/...9#post14347289

Just remember this, the thread was opened so that people can discuss various trading points of view, of which they do, the thread doesn’t require any moderating.

There was no method shown, or implied when I opened the thread. Everyone here has equal status, every point of view is welcomed.

If you can prove that your method Is the only one that can make money then be my guest, you’ll be entering Hell’s Kitchen but if you so much as piss my dog off, you’ll be gone.


Moody!
  • #5,507
  • Mar 4, 2023 4:41am Mar 4, 2023 4:41am
Guys, I don't want to start another round of argument. I'm tired of it.

I posted because the topic is about intent.

And my main post on this subject is post #5490.
Once you know what you're trading it's much easier.

This is what I want to share with you guys, hopefully help someone out there. That's all.

I recognise Kwt4x charts(that's relevant to this topic of intent) and know straight away we have similar thoughts and approach to the market. That's why I approach him to expand this current conversation. Let's hope some people get it and turn around their trading start making money. Like what Kwt4x wrote.

Check it out yourself if it's helpful. If not, it's ok. Cheers
Know what you trade
  • #5,508
  • Mar 4, 2023 4:52am Mar 4, 2023 4:52am
Quoting BWilliam
Guys, I don't want to start another round of argument. I'm tired of it. I posted because the topic is about intent. And my main post on this subject is post #5490. Once you know what you're trading it's much easier. This is what I want to share with you guys, hopefully help someone out there. That's all. I recognise Kwt4x charts(that's relevant to this topic of intent) and know straight away we have similar thoughts and approach to the market. That's why I approach him to expand this current conversation. Let's hope some people get it and turn around...
Thanks for the input BW!
Today's posts have shed some light on what was not covered previously perhaps. Anyway, hang around.
  • #5,509
  • Edited 8:41am Mar 4, 2023 5:40am | Edited 8:41am
My personal view on intent, is that the market will keep testing recent current TF highs & lows as well as the larger TF's H&L's if they coincide / close by.

The reason for this is that new orders will enter the market at these levels either to add to the intent or reverse the intent. (swing point).

MA's are fine to give one a sense of Buy / Sell Hemisphere ie. where the momentum of the market is, but do not give targets.

If the targets are easily spottable on the chart then they must be the focus of your attention and what happens once the target is reached.

News day & weekends can blow all targets out of the water, so you practise caution and reset them when markets " re-open " again.

I agree, this thread brings a lot of ideas / styles of trading to the table, lets keep them coming

Peace All.
It never gets easier, you just get better
  • #5,510
  • Mar 4, 2023 7:26am Mar 4, 2023 7:26am
Quoting TimeTells
{quote} That is a great question Kwt. For myself, as you know, I am session based and have the full realisation that, at any point, the market "in my time of trading" can go either Up or Down (or both lol). However, that is only me (the scalping/trading economist in me lol, just joking ie 50/50 yen post above). Your question would be terrific for the widest audience and MAY WELL be touching on a topic, commenced in the past year cheers BW (but not yet completed) as to what is the current INTENT Of the market. And how we might benefit from knowing...
So not to come across as "arguing" everything here is jmo based on my perspective.

This discussion of intent definitely went a different route than I was thinking. After reading through everything I see labels and meanings are important.

Intent to me is more of a longer goal as opposed to how to determine possible direction from whatever time frame one deems the most important. Intent infers deliberate reasons to do something.

I think what most are describing here as intent is normal market action which we have all agreed can be read and traded in many various ways.

Intent would be something to the like "is where prices are now the new norm?" and "can parity now be defined by the general levels the currencies are at currently". Things along those lines. The BIG PICTURE.

Everything else is market mechanics which as we see can be defined and traded in multiple ways. One last observation, all moves start from some lowly small time frame that expands -fractally- to others such as the M30, H4, D1.
Mark ... Everything you have been told is a LIE
  • #5,511
  • Mar 4, 2023 7:32am Mar 4, 2023 7:32am
Quoting spzd
{quote} The biscuit itself https://www.youtube.com/watch?v=k8hE...=FiguringItOut
And because of "AI" at u-tube my feed is now inundated with Tim Tam videos after searching and playing just that one.

Is there "intent" there. Intent also carries the stigma of along "nefarious" lines.

Mark ... Everything you have been told is a LIE
  • #5,512
  • Edited 8:50am Mar 4, 2023 8:03am | Edited 8:50am
Quoting Shabs19
My personal view on intent, is that the market will keep testing recent current TF highs & lows as well as the larger TF's H&L's if they coincide / close by. The reason for this is that new orders will enter the market at these levels either to add to the intent or reverse the intent. (swing point).
Let me push the brackets of interpretation of intent a little more to see where I am coming from.

We know market will keep testing and establishing new highs lows throughout the day.

Let's say, GU ADR is 150pips, and we take 33% giving 50 pips. At 50pips day range(33%adr), what's the next 50pips expansion going to be, that gives 66% day range?

Once you put this parameter of the next 50pips the market will expand to, you find you have to know the market intent for the trading day.

This is the market intent I am talking about. And this 50pips expansion can only be moved by a h4 intent for intraday. Anything less will struggle to give enough pips, check it out yourself.

Anyone can check this out, on their charts. If you were limited to trading the next 50pips minimum as a criteria for your trades, you will understand what I on about h4 intent for intraday swing trades.
(I strongly recommend this trading exercise for at least a month, 50pips minimum take profit intraday, else the trade don't count. I bet you change the way you see markets and trading after this exercise.)

Once you understand 50pips range expansion intraday, then you get better understanding of smaller and larger range expansions.

That's why I've been harping on 50pips expansion as a pivotal point of understanding expansion as a whole, from the smaller to the larger dimensions. Cheers
Know what you trade
  • #5,513
  • Mar 4, 2023 8:04am Mar 4, 2023 8:04am
My view on INTENT is,

The price always intends to move from one zone to another zone. Now, this zone can be defined as a quartet or an octet, or any other method of division. This zonal movement of price comprises continuously making/breaking new HIGH/LOW until it reaches the extreme elasticity point for a given TF. This HIGH/LOW breaking process is an attention grabber, to lure the volumes (traders' participation) so that the price can be moved to the target zone.
Success = Practice + Patience + Persistence
  • #5,514
  • Mar 4, 2023 8:16am Mar 4, 2023 8:16am
All you need to do is read through the last couple pages and you understand why it is you v you. One word has sent the discussion in about 3 different ways.
Mark ... Everything you have been told is a LIE
  • #5,515
  • Mar 4, 2023 8:37am Mar 4, 2023 8:37am
Quoting spzd
All you need to do is read through the last couple pages and you understand why it is you v you. One word has sent the discussion in about 3 different ways.
It means 'purpose' which only people or orgnisations of some sort have. Is there a better word perhaps?
  • #5,516
  • Mar 4, 2023 8:48am Mar 4, 2023 8:48am
Quoting BWilliam
{quote} Once you understand 50pips range expansion intraday, then you get better understanding of smaller and larger range expansions. That's why I've been harping on 50pips expansion as a pivotal point of understanding expansion as a whole, from the smaller to the larger dimensions. Cheers
Thanks for this comment.
Does it apply to all pairs that have different ADR's? And what in your view is the ADR period of optimum benefit?
  • #5,517
  • Mar 4, 2023 8:54am Mar 4, 2023 8:54am
Quoting FocusWinReal
Thanks for this comment. Does it apply to all pairs that have different ADR's? And what in your view is the ADR period of optimum benefit?
For 50pips minimum take profit intraday, the pair should ideally have a ADR20 between 100 - 150pips. Don't want it to be too large else you get volatility issues.

The recommended pairs are, GU, EJ, GJ, EA and ECAD.

Cheers
Know what you trade
  • #5,518
  • Mar 4, 2023 8:55am Mar 4, 2023 8:55am
Quoting FocusWinReal
{quote} It means 'purpose' which only people or orgnisations of some sort have. Is there a better word perhaps?
It seems most are using intent to mean things as "bias" or just ordinary market mechanics. An H4 time frame does not have intent. Some one may have an intent for that four hours. Then throw in some mumbo jumbo and you get the last couple pages.
Mark ... Everything you have been told is a LIE
  • #5,519
  • Mar 4, 2023 8:56am Mar 4, 2023 8:56am
Quoting BWilliam
{quote} Let me push the brackets of interpretation of intent a little more to see where I am coming from. Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: 2023-03-04_14h34_01.png Size: 40 KB

How I understand what you said above.

Basically let 40 pips ride to show intent, then take 50 pips out of the ADR remaining.
It never gets easier, you just get better
  • #5,520
  • Edited 9:33am Mar 4, 2023 9:01am | Edited 9:33am
Quoting Shabs19
{image} How I understand what you said above.
Yup, exactly what I meant

Edit - "Basically let 40 pips ride to show intent, then take 50 pips out of the ADR remaining."

Bingo!

As I wrote in post#5490, you can do this on any range expansion of your choice. Just work out the numbers. Cheers

Edit - this is where I agree with Ryan we have to do the math to gain a trading edge. Cheers
Know what you trade
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