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Flying Dutchman

  • #6,241
  • Mar 12, 2023 4:15am Mar 12, 2023 4:15am
A chart is a chart is a chart.

I trade in the moment, based on the behaviour shown NOW in the session.

(lol why waste a sunday I say posturing what will happen tomorrow, patience)


What I will see tomorrow morning as Asia opens while I wait for the usual 9.50am (for me) first set of soft Yen news, designed to excite traders into action.
From the action generated, will start looking for structure, inflections around structure, expansions breaks retests and runaways to the new asia hi/lo.
And then the week has begun

(ps as I remember George absolutely loved seeing the market bust through a herd lineup level, with just the one candle - it made him laugh )

.
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  • #6,242
  • Mar 12, 2023 4:20am Mar 12, 2023 4:20am
Quoting TimeTells
{quote} I set mine at 20, 4 weeks, no real reason, just another direction filter.
My ADR input = 20; just to represent monthly data roughly.
AWR input = 13; just to represent quarterly data roughly.
Success = Practice + Patience + Persistence
  • #6,243
  • Mar 12, 2023 4:57am Mar 12, 2023 4:57am
Did a quick search, and found the following.

MT4 SERVER TIME: Number of brokers
GMT: 25
(GMT +1): 17
(GMT +2): 35
(GMT +3): 15
(https://www.forexchurch.com/forex-brokers?filter=1)

This puts a reasonable doubt (at least to me) on the uses of H4 candles to find the intent (or whatever it is), whereas the H4 candle will vary from broker to broker.
Success = Practice + Patience + Persistence
  • #6,244
  • Mar 12, 2023 5:04am Mar 12, 2023 5:04am
Quoting BWilliam
{quote} Hi, for GU the ADR is 120 pips range everyday. About +-1% change in value. That's a lot of pips range that the banks move price everyday. On some days more than 100% of ADR. Yet, 1. Most traders(99.999%) have no idea this seismic change that happen in front of their eyes EVERY day. 2. Most traders are NOT INTERESTED with this daily seismic occurrence that the banks brought about. 3. Most traders don't track closely this seismic change. 4. Most traders have NOTHING in their toolbox to track this daily seismic change. 5. Most traders are so...

Absolute tripe, and you say you are an expert in Maths, 99.999% Don't make me laugh. Show me the research to prove these numbers ?

ADR is a guide line of how much a currency is allowed to move daily, a safeguard put in by CB's so that there isn't a "Run" on any one countries currency by speculators or unscrupulous dealers. eg. when Geore Soros shorted the GBP when it was in the ERM fixed at an unrealistic level, the BOE was forced to prop it up and GS made a bucket load of cash in one day. Eventually forcing UK to leave the ERM. the currency fell 4.2% in one day, known as Black Wednesday.
The CB's are all in a cartel, so they would step in as & when required to prevent a collapse of "fiat" money system.

Many famous cases of intervention by Swiss SNB , BOJ (most of the time ) and even the US Fed.

Please, your LACK of knowledge is breath-taking, and coming out with unsubstantiated so-called "Facts" as Truth is idiocy.

You obviously don't understand what Momentum in a market is either, you have latched onto a word "Intent" which implies some level of secrecy that only
the initiated are privileged to know about and I am sure you are implying Volume. Which as we all know in Forex, it is unreliable.

If you are a flag waver for Ryu & he is paying you a commission to spout this nonsense, please admit it. I think most of us here can see it for what it is,

We are not Blind.
It never gets easier, you just get better
  • #6,245
  • Mar 12, 2023 5:10am Mar 12, 2023 5:10am
Quoting fxpider
Did a quick search, and found the following. MT4 SERVER TIME: Number of brokers GMT: 25 (GMT +1): 17 (GMT +2): 35 (GMT +3): 15 (https://www.forexchurch.com/forex-brokers?filter=1) This puts a reasonable doubt (at least to me) on the uses of H4 candles to find the intent (or whatever it is), whereas the H4 candle will vary from broker to broker.
Don't worry about it, it's all tripe. Markets expand during UK & NY Sessions and that's it.

Shhh..... Don't tell anyone, it is a secret.
It never gets easier, you just get better
  • #6,246
  • Mar 12, 2023 5:14am Mar 12, 2023 5:14am
Quoting TimeTells
A chart is a chart is a chart. I trade in the moment, based on the behaviour shown NOW in the session. (lol why waste a sunday I say posturing what will happen tomorrow, patience) What I will see tomorrow morning as Asia opens while I wait for the usual 9.50am (for me) first set of soft Yen news, designed to excite traders into action. From the action generated, will start looking for structure, inflections around structure, expansions breaks retests and runaways to the new asia hi/lo. And then the week has begun (ps...
Don't be a loser, take up this offer from Turnip :

https://www.forexfactory.com/thread/...6#post14356696
It never gets easier, you just get better
  • #6,247
  • Mar 12, 2023 5:17am Mar 12, 2023 5:17am
Quoting Shabs19
{quote} Don't worry about it, it's all tripe. Markets expand during UK & NY Sessions and that's it. Shhh..... Don't tell anyone, it is a secret.
Money never sleeps
  • #6,248
  • Mar 12, 2023 5:18am Mar 12, 2023 5:18am
Quoting Shabs19
{quote} Don't worry about it, it's all tripe.
Markets expand during UK & NY Sessions and that's it.
Shhh..... Don't tell anyone, it is a secret.



I use a combo myself,
of my eyes AND turnip's fortune telling cards
  • #6,249
  • Mar 12, 2023 5:22am Mar 12, 2023 5:22am
Quoting OAPDave
{quote} Money never sleeps
Another one for you :

"Money Talks & B*llSh*t Walks "
It never gets easier, you just get better
  • #6,250
  • Mar 12, 2023 5:44am Mar 12, 2023 5:44am
Quoting OAPDave
https://youtu.be/lIZXMzCPngA https://youtu.be/FERnLL4gpzY Just may interest the odd guy, but not holding my breath
I have watched countless videos like this. Ultimately Price is King. All indicators are derived from the price & time data on the chart.

Only one aspect of trading that clicked with me is Hidden Divergence in a trending market. You can use any oscillator, but only for this purpose.

When that occurs, the trend will continue very strongly, dare I say it a "predictable" move.

However, I am a pure Price Action Line trader. I choose what lines / rectangles to draw and OBSERVE, then Act when required, otherwise sit on my hands.

Side note : I think Chris Lori was mentioned earlier, I remember he was teamed up with Peter Bain, who was selling courses on Pivot Trading.
It never gets easier, you just get better
  • #6,251
  • Mar 12, 2023 6:09am Mar 12, 2023 6:09am
Quoting Shabs19
{quote} I have watched countless videos like this. Ultimately Price is King. All indicators are derived from the price & time data on the chart. Only one aspect of trading that clicked with me is Hidden Divergence in a trending market. You can use any oscillator, but only for this purpose. When that occurs, the trend will continue very strongly, dare I say it a "predictable" move. However, I am a pure Price Action Line trader. I choose what lines / rectangles to draw and OBSERVE, then Act when required, otherwise sit on my hands. Side note : I think...
Looks like many other guys on here watch countless video's as well
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  • #6,252
  • Mar 12, 2023 6:16am Mar 12, 2023 6:16am
Quoting OAPDave
{quote} Looks like many other guys on here watch countless video's as well {image} {image} {image}
You can watch short videos while you are watching a trade develop / run.

Pass the time, I have 2 screens, so can do that easily on low volume.

I don't think there is anything New under the sun that hasn't been thrashed to death on the internet as the latest thing.

Quoting OAPDave
{quote} Looks like many other guys on here watch countless video's as well {image} {image} {image}
Why No lines to the bottom of charts ?

If you had fewer lines, maybe chart would be a little clearer ?

Ultimately you are looking at PA at these lines, and the less confusing the better ?
It never gets easier, you just get better
  • #6,253
  • Mar 12, 2023 7:35am Mar 12, 2023 7:35am
Quoting BWilliam
{quote} Hi Dave, is this a question whose answer you are particularly interested in or are you using a question to make a statement? Does it matter if I answered no. You already insinuated with your post that's your purpose, that's got ZERO to do with technical matters of trading. And as expected bluesteele will appear use this opportunity to discredit me, send me commercial or ban me. Repeats everytime, check his post history. Fact. You are used, Dave. Dave and everyone else, You have the right to accuse me. I have the right to ignore your post....
Thank you for your reply
  • #6,254
  • Edited 9:27am Mar 12, 2023 7:43am | Edited 9:27am
Quoting W0lfram
{quote} If[test, true, false] kind of thing would be useful...
For example GU, what if price goes val pips(20 = 0.002) from daily open first. I chose a constant because it's easier.
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Time histogram. Time of day (hour, i.e. bin 5 is between 5-6am gmt+2) when the price hit the threshold. Dark/upside, white/downside. Peaks in Asia and London open, no surprises.
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Table of how much more we can expect if price goes 20 pips first in one direction. Not really exciting
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Or. Initial balance (let's take 9a.m. candle)
Below is EU(+NY overlap) high minus IB close if it was 'bullish'
x-axis - IB size, y-axis - daily high minus London open (same as IB close).
if IB > 20 pips (orange group), the probability of passing another 15+ is much greater than if the IB < 20 pips.
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So, BWilliam, can you please clearly formulate logic behind 'intent'?
What exactly one should do with... 3rd 4hr candle, I guess. Despite all the dangers of working with candles
Thanks.
Air force
  • #6,255
  • Edited 11:29am Mar 12, 2023 8:52am | Edited 11:29am
Quoting W0lfram
So, BWilliam, can you please clearly formulate logic behind 'intent'?
What exactly one should do with... 3rd 4hr candle, I guess. Despite all the dangers of working with candles
Thanks.
Hi W, since you put in some effort, to give meaning to my post and an idea what I see. This is as far as I go on forum, the rest is up to your resourcefulness. The charts continuously track intent from macro to micro view.
https://www.forexfactory.com/thread/...4#post14357114

Read my previous posts carefully. Cheers

Ps any more creative accusations from bluesteele?

Pics deleted.
Know what you trade
  • #6,256
  • Mar 12, 2023 9:49am Mar 12, 2023 9:49am
Quoting BWilliam
{quote} Hi W, since you put in some effort, to give meaning to my post and an idea what I see. This is as far as I go on forum, the rest is up to your resourcefulness. The charts continuously track intent from macro to micro view. https://www.forexfactory.com/thread/...4#post14357114 Read my previous posts carefully. Cheers Ps any more creative accusations from bluesteele? {image} {image} {image}
for someone who call indicator traders blind, your charts make you the blind MJ.

welcome to the herd

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"the public is not yet ready for it" W.D. GANN
  • #6,257
  • Mar 12, 2023 10:12am Mar 12, 2023 10:12am
Quoting BWilliam
{quote} Hi W, since you put in some effort, to give meaning to my post and an idea what I see. This is as far as I go on forum, the rest is up to your resourcefulness. The charts continuously track intent from macro to micro view. https://www.forexfactory.com/thread/...4#post14357114 Read my previous posts carefully. Cheers Ps any more creative accusations from bluesteele? {image} {image} {image}
Jason Bill Peter
Not really bothered who
Thanks for for detailed charts
will be more than pleased to give them the attention they deserve
  • #6,258
  • Edited 10:25am Mar 12, 2023 10:13am | Edited 10:25am
Quoting Kwt4x
{quote} for someone who call indicator traders blind, your charts make you the blind MJ. welcome to the herd {image}
I never claim I trade naked chart. Candlesticks and price action are rubbish to ME. I trade with proxy tools, wrote that many times. Now you know. Cheers

Quoting BWilliam
4. Most traders have NOTHING in their toolbox to track this daily seismic change.
I asked Turnip, how high is the pump?
Bluesteele wrote nobody know, that's the nature of the market.

Ofc I laughed.
Know what you trade
  • #6,259
  • Mar 12, 2023 10:21am Mar 12, 2023 10:21am
Quoting Kwt4x
{quote} for someone who call indicator traders blind, your charts make you the blind MJ. welcome to the herd {image}
Herd trader
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every Saint has a past. Every Sinner has a Future
  • #6,260
  • Mar 12, 2023 10:31am Mar 12, 2023 10:31am
Quoting BWilliam
{quote} I never claim I trade naked chart. Candlesticks and price action are rubbish to ME. I trade with proxy tools, wrote that many times. Now you know. Cheers {quote} I asked Turnip, how high is the pump? Bluesteele wrote nobody know, that's the nature of the market. Ofc I laughed.
I see your tools on the chart, what are they? And why are they good?
Interesting, thanks
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