Volman meets Burke or My journey with PA | Page 97 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Volman Style (70-tick chart) 751 replies

Understanding Price Action by Bob Volman (notes and examples) 99 replies

The Dissent Channel: Volman Price Action 33 replies

Bob Volman & TMT System 16 replies

pls share your journey 10 replies

Attachments: Volman meets Burke or My journey with PA
Exit Attachments

Volman meets Burke or My journey with PA

  • #1,921
  • Mar 18, 2023 7:12pm Mar 18, 2023 7:12pm
This is kind of how I feel right now ...


Inserted Video
Mark ... Everything you have been told is a LIE
  • #1,922
  • Mar 19, 2023 3:22pm Mar 19, 2023 3:22pm
I have come to the conclusion that it is not necessary to have the day count that I attempted to show with the charts yesterday. You can essentially do a day count with Day X Longs/Shorts. The setups SB uses can be used in 2 or 3 day setups without knowing the day count.

This method is composed of two main aspects that work well together.

The first is of course the HOW/HOD/HOS and LOW/LOD/LOS market action. With the awareness that when you reach these levels, many of the breakouts become failed breakouts. When it comes to a day count to deal with these areas I think the 3 Day Longs/Shorts (which sometimes is only 2 days and not very common 4 days - it is trading after all) setups.

The other part, which makes up many of the setups, is the pump/dump. This is where they move price in one direction, often in a grinding manner, not always, then many times you get some type and length of consolidation - think zeppelin - for a move in the opposite direction.
Mark ... Everything you have been told is a LIE
  • #1,924
  • Mar 19, 2023 3:52pm Mar 19, 2023 3:52pm
Quoting bluesteele
{quote} I agree with you Mark...I use a very simple Day count.. It has to be obvious to me without all the nuances. Starting off with Mon and only if plainly and easily visible on the charts 15m or 1h I will carry over the day count from prev week... And it has to set up in my session of NY or I just trade my normal 1hr opening range. BUT when a nice day 3 reversal sets up with all the other factors I look at... It does add confluence or context I guess you can say... Or a Day 2 continuation with the trend.. So many ways to slice the pie up eh!...
Yup. I'm thinking the more important Fridays would be the pump/dump days or a clear count as you say.

This, the count part, is more of a thought experiment for me now. Just following the general Weekly Template should more than suffice.

I am working on something I think is interesting. The idea came from SB. I think it can be used every day going into Asia. More when I put some charts together.
Mark ... Everything you have been told is a LIE
  • #1,925
  • Mar 19, 2023 3:54pm Mar 19, 2023 3:54pm
I forgot perhaps the most important thing,

Where Is Volume Trapped???

=

Where Is The Money!!!!!
Mark ... Everything you have been told is a LIE
  • #1,926
  • Mar 19, 2023 4:02pm Mar 19, 2023 4:02pm
Was easier to review your Thread, Mark cheers
  • #1,927
  • Mar 19, 2023 4:06pm Mar 19, 2023 4:06pm
Quoting TimeTells
Was easier to review your Thread, Mark cheers
When you go from theory to practice the need to produce content lessens. Means I don't have a lot to explore anymore. Just refine what I know.
Mark ... Everything you have been told is a LIE
  • #1,928
  • Mar 19, 2023 9:51pm Mar 19, 2023 9:51pm
In between phase 1 of the SB deep dive, I was also tweaking my system. I have mentioned "momentum" many times. I have also mentioned my opinion of how price and the Hulls interact and that price moving through the MA in the apex/floor type cross is a momentum move. Then I saw this post

Flying Dutchman | Page 325 | Forex Factory

and knew I needed to add the Kijun. Because the Kijun is nothing more than the 50% point over how many periods you choose, it fit perfectly in a "momentum" type system. Above/Below = Buy/Sell.

Attached Image (click to enlarge)
Click to Enlarge Name: !GBPJPYM1.png Size: 39 KB


Attached Image (click to enlarge)
Click to Enlarge Name: !GBPJPYM1-1.png Size: 45 KB


Attached Image (click to enlarge)
Click to Enlarge Name: !GBPJPYM1-x-1.png Size: 31 KB
Mark ... Everything you have been told is a LIE
  • #1,929
  • Mar 19, 2023 9:54pm Mar 19, 2023 9:54pm
My masterpiece ...

Need to work on an M5 version as not all instruments are as clearly read on the M1.
Mark ... Everything you have been told is a LIE
  • #1,931
  • Mar 19, 2023 10:04pm Mar 19, 2023 10:04pm
Attached Image (click to enlarge)
Click to Enlarge Name: !GBPJPYM1-z-1.png Size: 43 KB
Mark ... Everything you have been told is a LIE
  • #1,932
  • Mar 19, 2023 10:07pm Mar 19, 2023 10:07pm
Quoting bluesteele
Kijun and Ichimoku has always always intrigued me... Its something that I believe can be of great value used in the proper context... Some very successful Ichi traders out there... Ive as well like filters like a Kijun or a Hull that filters a buy/sell into a hard rule..
I finally got them both together. Going to give this a go on the MES in the am. Think it will do fine. I need to post some rules I guess. Maybe let everybody figure things out like I did ...

Mark ... Everything you have been told is a LIE
  • #1,933
  • Mar 19, 2023 10:11pm Mar 19, 2023 10:11pm
Inserted Video
Mark ... Everything you have been told is a LIE
  • #1,934
  • Mar 20, 2023 9:32am Mar 20, 2023 9:32am
I tweaked everything to a base of 30. It smooths things just that little touch.

Waiting on the NY Box to end, see if this thing - MES - get some direction. That should give the G-J some direction. At least that's the theory.
Mark ... Everything you have been told is a LIE
  • #1,935
  • Mar 20, 2023 10:04am Mar 20, 2023 10:04am
Quoting spzd
I tweaked everything to a base of 30. It smooths things just that little touch. Waiting on the NY Box to end, see if this thing - MES - get some direction. That should give the G-J some direction. At least that's the theory.
Truth - Direction has been up since the PFL in London.
Mark ... Everything you have been told is a LIE
  • #1,936
  • Mar 20, 2023 10:09am Mar 20, 2023 10:09am
Quoting spzd
{quote} Truth - Direction has been up since the PFL in London.
Only question is the current area going to top? Or has the LOW been set and we are grinding north? MES is at PML hitting from beneath.
Mark ... Everything you have been told is a LIE
  • #1,937
  • Mar 20, 2023 10:29am Mar 20, 2023 10:29am
Freakin' Mondays
Mark ... Everything you have been told is a LIE
  • #1,938
  • Mar 20, 2023 10:49am Mar 20, 2023 10:49am
I have been summoned for jury duty. Oh joy ...
Mark ... Everything you have been told is a LIE
  • #1,939
  • Mar 20, 2023 1:18pm Mar 20, 2023 1:18pm
Posted this over at the Dutchman

Attached Image (click to enlarge)
Click to Enlarge Name: zz-2023.03.20-GBPJPYM15.png Size: 40 KB


Then after looking at it for a few minutes, this is starting to look like a FGD.
Mark ... Everything you have been told is a LIE
  • #1,940
  • Mar 20, 2023 1:23pm Mar 20, 2023 1:23pm
Quoting spzd
I have been summoned for jury duty. Oh joy ...
Start reading or watching movies :

Twelve Angry Men

To kill a mockingbird

The runaway Jury

My favourite : My cousin Vinny

Inserted Video
It never gets easier, you just get better
6 traders viewing now