Mark ... Everything you have been told is a LIE
- #5,561
- Mar 4, 2023 6:22pm Mar 4, 2023 6:22pm
- Joined Dec 2010 | Status: Stop Pretending | 5,275 Posts
- #5,562
- Mar 4, 2023 6:24pm Mar 4, 2023 6:24pm
- Joined Aug 2006 | Status: Trader | 5,317 Posts
It never gets easier, you just get better
- #5,563
- Mar 4, 2023 6:29pm Mar 4, 2023 6:29pm
- Joined Dec 2010 | Status: Stop Pretending | 5,275 Posts
Mark ... Everything you have been told is a LIE
- #5,566
- Mar 4, 2023 6:38pm Mar 4, 2023 6:38pm
- Joined Aug 2006 | Status: Trader | 5,317 Posts
It never gets easier, you just get better
- #5,567
- Mar 4, 2023 6:42pm Mar 4, 2023 6:42pm
- Joined Aug 2006 | Status: Trader | 5,317 Posts
It never gets easier, you just get better
- #5,571
- Edited 8:53pm Mar 4, 2023 8:09pm | Edited 8:53pm
- Joined Jan 2020 | Status: Membership revoke | 2,332 Posts
Know what you trade
- #5,573
- Mar 4, 2023 11:57pm Mar 4, 2023 11:57pm
- Joined May 2010 | Status: Straight line Fest | 3,194 Posts
{quote} Cheers Kwt, and thank you & BW (who the fk is downticking every post of BW’s ???) & others for continuing this discussion I mentioned on Intent with your own thoughts on your Trading Styles regarding the four hour charts & ma’s etc to identify your entries. I feel though we are not YET quite discussing in detail what I searching to identify as this INTENT. What I see so far, I put in the category of Trading Style. What I would term as Directional Momentum Trading. But not yet Intent.
- #5,574
- Mar 5, 2023 1:23am Mar 5, 2023 1:23am
- Joined Apr 2015 | Status: Trader | 1,067 Posts
{quote} Kwt, this post of yours above, which seems to have gone a little unnoticed in amongst the posts on trading styles and timeframes was what I call a … HIDDEN GEM The 2 to 3 day cycle observations & identifications you mention could hold extra & great interest, as I am able to day trade (sorry ryuryu lol) quite well in my own style and session timefames. If we can identify such potential cycles, and Andy will tell you I was quite excited and skype’d him about your post, Kwt, as Andy himself has mentioned to me ages ago how he also observes...
"If we can identify such potential cycles"
you don't have the patience to stay 2/3 hours in a trade and you're asking about 2/3 days cycles ? hmmm, I think you're looking for a spar, so I'm going back to the Gym. lol
you don't need to change your entry/exit strategy, it's just the matter of bigger TF, that's all.
here is 3 examples of scalp, daytrade and swingtrade, using same settings of ZZ 12 (to see wave size and Dow reading) and Stoch 8,3,3 (to sync with readings).
this is more likely your style in M5, small waves, quick in/out, 10/15 pips
in H1 you will get 1 Sync minimum every day, with same strategy.
in H4 you get 1 Sync minimum every week that might take 2/3 days
if you add BB that will be more confirmation of trend start/end.
so, with the same strategy you can trade all styles and the only difference is the time you stay in a trade.
cheers,
"the public is not yet ready for it" W.D. GANN
- #5,575
- Mar 5, 2023 1:28am Mar 5, 2023 1:28am
- Joined Jan 2010 | Status: The Voodoo Boodoo Club | 42,055 Posts
jr , Mr Timetells mentioning "intent" . Quarter opened , price went to last quarters high , failure, it is back to its quarterly open , been 4 stabs lower , roughly to the low shown here , if one was to put a 200sma on a daily chart , one would see whats trying to hold even tho drifting a bit down other than this last one ,
"intent" there is really only 2 , that of the buyers and that of the sellers , obviously all know where the gbpusd has been Im sure
Intent , welp , not a rocket scientists , but one would surmise the intent of "sellers" would be to keep pile driving it lower from appropiate places shwn by a chart , buyers would be the oppisite , from there down to a day and a session with who did what during said session . Apologise for hocking a chart , but away from mine currently , hope all having a good week end , boredom ,seen the conversation , , if I poked my nose where it dosent belong , delete or hide , just a yap flap that matters not in the grand scheme of things
. sellers not taking some profits where there is a bit of well know issue would be , well what would be the point of not taking a good portion of prfoits there and buyers trying to get it who ed up what would be their point if that known issue wasent used to try to get it slowed up and an attmept at stopping the fall , have fun all 
"intent" there is really only 2 , that of the buyers and that of the sellers , obviously all know where the gbpusd has been Im sure
Intent , welp , not a rocket scientists , but one would surmise the intent of "sellers" would be to keep pile driving it lower from appropiate places shwn by a chart , buyers would be the oppisite , from there down to a day and a session with who did what during said session . Apologise for hocking a chart , but away from mine currently , hope all having a good week end , boredom ,seen the conversation , , if I poked my nose where it dosent belong , delete or hide , just a yap flap that matters not in the grand scheme of things
. sellers not taking some profits where there is a bit of well know issue would be , well what would be the point of not taking a good portion of prfoits there and buyers trying to get it who ed up what would be their point if that known issue wasent used to try to get it slowed up and an attmept at stopping the fall , have fun all - #5,576
- Edited 1:53am Mar 5, 2023 1:43am | Edited 1:53am
- Joined Jan 2020 | Status: Membership revoke | 2,332 Posts
Know what you trade
- #5,577
- Mar 5, 2023 2:06am Mar 5, 2023 2:06am
- Joined Dec 2018 | Status: Trader | 4,597 Posts
{quote}
hmmm, I think you're looking for a spar, so I'm going back to the Gym.
I think maybe it is YOU sir who now wishes to spar hahaa.
As, what would patience have to do with sitting 2/3 hours in a trade
that was maybe going nowhere 
I am hopefully closed, pocketed, listening to music and waiting for the next expansion at that point (with some food and/or music in between)
Firstly, what a fascinating UFC card it was. So I'm all spar'red out now
PLUS, I have promised Zoltan I won't ever mention again the results on here as he will not watch the bouts till later tonight or tomorrow.
Thank you for your reply Kwt, my fun just above is over, let's talk some trading.
A while ago Andy showed me his daily cycles (3 days, I pay attention on Thursdays).
BUT
I was really mainly asking if anyone actually knew this INTENT factor (not predictions, if you know what I mean).
I trade on discretionary observations in the moment, myself.
BW explained it good in a prior post.
I think we are all talking about a word-narrative called intent and TIMEFRAMES so each of us may have an internal expectation (trading-wise) of what it means.
So, if I am scalper my inclination of the meaning of intent, in my workspace, can be slightly different to say Kwt's or BWs as you guys showed you work off 4hr charts and often into the pre New York session time area (I am usually closed for the night, hopefully).
You are a Gann person Kwt as I can see under your posts.
There are certain posts around that suggest Gann could identify cycles (intents) so I am hoping someone might show these.
I am NOT asking for precision, I am hoping to see intent.
I know what I do when I trade. I have worked keenly to understand this.
I am only hoping to see something new.
Intent would fall in that category.
Please allow me a moment to dig up an “OLD” chart that might spark your interest (it's a black background if I remember
)It's not Gann. It's Welles Wilder. Well, not not actually Welles, but Jim Sloman.
Do you know maybe where I am heading with this ?
In the meantime let me show you my four hour charts. I look at them pretty much once, every four hours, but sometimes earlier if my 15m & 1hr need extra.
I watch from a distance view in the office the 5m chart (love it when the candles start looking like renko bricks hahaa, ie inflection)
While I trade from my 1min chart.
(The 15m & 5m have essentially the same ma's - but time changed so the 'same' view of them is the same on both the 5m & 15m, the 1m has some extras)
But here are my four hour charts, for GBPJPY and GBPUSD, as you have posted both pairs recently, for what they are worth.
They are my larger Directional Momentum charts (I call them soft Intent charts hahaa).
Can you see on them what I might see, directionally ?)
If ever bored with all this banter, please say so Kwt, as I do NOT get offended at anything, really.
(tho I do challenge, okay spar lol, any critiques of what I do if misunderstood or misrepresented)
.
- #5,579
- Mar 5, 2023 2:53am Mar 5, 2023 2:53am
- Joined Aug 2006 | Status: Trader | 5,317 Posts
It never gets easier, you just get better
- #5,580
- Edited 3:09am Mar 5, 2023 2:56am | Edited 3:09am
- Joined Dec 2018 | Status: Trader | 4,597 Posts
{quote}
I snuck over to look at Forex back then, while I was still doing my horses. Thought this will be easy, pick up some extras lol.
Market smacked my bottom. I never came back for about 3-4 years hahaaa.
The guy who showed me a couple of things back then traded the Daily Chart only, pin bars, inside bar stuff etc. For me and my sprint horses this was like watching paint dry. Then I read an online pdf on a subject called The Delta Phenomenon
(I beg you ryuryu do not go into a meltdown here, different style entirely and I have nothing to compete against your own business with your delta stuff
)So I charted what I had read, and 'predicted' a future price on a monthly chart (don;t ask me why, now, I can't remember).
But this DPhenom stuff was, like Gann apparently, designed to PREDICT THE INTENT of the currency.
There is an old thread on this floating around FF if I remember, where many tried but none were getting satisfactory trading results.
As I understand now, not then, this may well not be the method that failed but the Trader themselves (ie the YOU vs YOU concept).
But this was the Intent Concept idea that I was wondering to see from some FF traders.
Anyway my mt4 history shows me, IF I had stayed in for 1½ yrs I would have netted about 3000 pips (??? is it lol).
But my patience wouldn't allow for that LOL.
And you talk about my 2-3 hours patience hehee.
I never went back to check, and I never tried another chart.
But if someone was to ask me about INTENT,
then this is the chart I would show them
(today, and I still have little interest to go back & look at DP again lol, it wasn't quick OR easy as I remember).
