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Flying Dutchman

  • #6,821
  • Mar 18, 2023 5:43am Mar 18, 2023 5:43am
Quoting Kwt4x
{quote} Divergence is a leading tool.
It never gets easier, you just get better
  • #6,822
  • Mar 18, 2023 6:05am Mar 18, 2023 6:05am
Quoting FocusWinReal
{quote} Nice chart there Shabs. Dr David Paul is a healthy voice to listen to. Momentum, divergence, wow I mean just wow, he mentions divergence. We trade our beliefs. That's all. Edit: beliefs formed from facts and truths I would ad. What is real and what has been observed to work or happen. https://www.youtube.com/watch?v=lSbNiq5oPig Cheers...
Divergence by itself is only half the picture, combine it with Market Structure then you really have stacked the probabilty of a winner.

On my chart, you see the divergence occuring exactly at MS. and MS would have been previously noted.
It never gets easier, you just get better
  • #6,823
  • Mar 18, 2023 6:14am Mar 18, 2023 6:14am
Attached Image (click to enlarge)
Click to Enlarge Name: 2023-03-18_11h13_26.png Size: 105 KB
It never gets easier, you just get better
  • #6,824
  • Mar 18, 2023 8:46am Mar 18, 2023 8:46am
Quoting Shabs19
{image}
Do you mean,
PA = Daddy and
TA = Teddy ??
Success = Practice + Patience + Persistence
  • #6,825
  • Mar 18, 2023 9:06am Mar 18, 2023 9:06am
Quoting fxpider
{quote} Do you mean, PA = Daddy and TA = Teddy ??
It's whatever you want it to mean, ..................

Potayto or Tomayto.............
It never gets easier, you just get better
  • #6,826
  • Mar 18, 2023 11:48am Mar 18, 2023 11:48am
Great explanation shabs... another question what time do you class as market opens ?

Thsnks
Quoting Shabs19
{quote} Let me try to explain here. Market Opens moves 33% of the ADR in the first H4 candle of the day 0:00 hrs start time. If the ADR is eg. 120 pips, the market must move 40 pips before you can evaluate Market Intent. You are entering the trade after this has been breached and expect the market to at least make the next 50 pips ( your target). which would mean you still have left 30 pips on the table of the 120 ADR. You would have to pick pairs that would have a large enough ADR for it to work, such as GU, GJ, EJ etc. Move the 0.00 level of fib...
  • #6,827
  • Mar 18, 2023 12:06pm Mar 18, 2023 12:06pm
Quoting Shabs19
{image}
This is what happens when you spend time with BW. You are forced to refute his nonesuch.
Mark ... Everything you have been told is a LIE
  • #6,828
  • Mar 18, 2023 12:16pm Mar 18, 2023 12:16pm
Quoting spzd
{quote} This is what happens when you spend time with BW. You are forced to refute his nonesuch.
I've just seen his charts on his thread, absolutely covered in indicators, yet he says he doesn't use TA.

Doesn't like candlesticks , but keeps talking about H4 intent.

I think he better stop smoking whatever he is smoking.
It never gets easier, you just get better
  • #6,829
  • Mar 18, 2023 12:17pm Mar 18, 2023 12:17pm
Quoting spzd
{quote} This is what happens when you spend time with BW. You are forced to refute his nonesuch.
Master your Mind,,,Master the Market
  • #6,830
  • Mar 18, 2023 12:21pm Mar 18, 2023 12:21pm
Quoting Shabs19
{quote} I've just seen his charts on his thread, absolutely covered in indicators, yet he says he doesn't use TA. Doesn't like candlesticks , but keeps talking about H4 intent. I think he better stop smoking whatever he is smoking.
This is exactly what I dont understand... Lines indicators etc etc,,,, BRNs LOL..

Give me a break.. its utter bullshit pure and simple sprinkled with a little glitter here and there.

Yet no one points out the obvious like you have done Shabs.

Hay Carumba !
Master your Mind,,,Master the Market
  • #6,831
  • Edited 1:32pm Mar 18, 2023 12:23pm | Edited 1:32pm
Quoting hope&glory
Great explanation shabs... another question what time do you class as market opens ? Thsnks {quote}
From Babypips website, as I have been told to always quote UTC :

There are four trading sessions in the forex market:

  1. Sydney is open from 9:00 pm to 6:00 am UTC
  2. Tokyo is open from 12:00 am to 9:00 am UTC
  3. Frankfurt is open from 7:00 am to 4:00 pm UTC ( London is 8:00am to 5:00pm).
  4. New York is open from 1:00 pm to 10:00 pm UTC

In this paticular case, BW is referring to the Day Open which would then be Sydney 9:00pm UTC.

https://savvytime.com/converter/utc

My chart normally synchronises with NY Close each day as 0:00, with DST atm this isGMT+3, until UK clocks go forward end of March, it will revert back to GMT+2

Annoying as all time based indicators ( for 2 weeks anyway ) on my MT4, have to be reset.

HTH

It never gets easier, you just get better
  • #6,832
  • Edited 12:40pm Mar 18, 2023 12:26pm | Edited 12:40pm
Quoting spzd
{quote} This is what happens when you spend time with BW. You are forced to refute his nonesuch.
I am a glutton for punishment, I have to say something when it sounds gibberish, don't I ?

Back to those lines...............
It never gets easier, you just get better
  • #6,833
  • Mar 18, 2023 12:34pm Mar 18, 2023 12:34pm
Quoting Shabs19
{quote} I am a glutton for punishment, I have to say something when it sounds gibberish, don't I ?
Yes sir. I have been tempted, but I know it would be for naught and then I would be labeled as a whatever by the same person.

Sometimes just pretending they don't exist works.
Mark ... Everything you have been told is a LIE
  • #6,834
  • Mar 18, 2023 12:37pm Mar 18, 2023 12:37pm
Quoting spzd
{quote} Yes sir. I have been tempted, but I know it would be for naught and then I would be labeled as a whatever by the same person. Sometimes just pretending they don't exist works.
And by pretending they don't exist, vis a vis the iggy button, I have had a very peaceful week and have almost figured out the Stacey Burke method, which is like so many others, just presented his way.
Mark ... Everything you have been told is a LIE
  • #6,835
  • Mar 18, 2023 12:39pm Mar 18, 2023 12:39pm
what is the ew counts for USDJPY????
  • #6,836
  • Mar 18, 2023 12:43pm Mar 18, 2023 12:43pm
Quoting spzd
{quote} And by pretending they don't exist, vis a vis the iggy button, I have had a very peaceful week and have almost figured out the Stacey Burke method, which is like so many others, just presented his way.
Yes I can see all the graft you are putting in, hopefully the all the pieces click together and you have a breakthrough moment.

EUREKA !!!!
It never gets easier, you just get better
  • #6,837
  • Mar 18, 2023 12:51pm Mar 18, 2023 12:51pm
Quoting ninner
what is the ew counts for USDJPY????
Haven't seen many EW folks here.
Mark ... Everything you have been told is a LIE
  • #6,838
  • Mar 18, 2023 12:52pm Mar 18, 2023 12:52pm
Quoting Shabs19
{quote} Yes I can see all the graft you are putting in, hopefully the all the pieces click together and you have a breakthrough moment. EUREKA !!!!
Attached Image (click to enlarge)
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Mark ... Everything you have been told is a LIE
  • #6,839
  • Mar 18, 2023 1:03pm Mar 18, 2023 1:03pm
Or ...

Attached Image (click to enlarge)
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Mark ... Everything you have been told is a LIE
  • #6,840
  • Mar 18, 2023 1:04pm Mar 18, 2023 1:04pm
Quoting spzd
Or ... {image}
Also sitting at 3 Highs. With some juicy red news next week.
Mark ... Everything you have been told is a LIE
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