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Volman meets Burke or My journey with PA

  • #2,161
  • Mar 30, 2023 1:34pm Mar 30, 2023 1:34pm
Not many see this ... ever since Russia stopped being communist the western pols (for the most part) treat them as the enemy.

Think that through if you dare.
Mark ... Everything you have been told is a LIE
  • #2,162
  • Mar 30, 2023 1:43pm Mar 30, 2023 1:43pm
Quoting tonyb123
{quote} Likewise, the GBP has been steadily declining against the USD since 1862.
Not a lot are happy about this when you read comments, but it is what it is. The bigger problem may be one that we already lost.

One more thing for everybody, the same people who cause all the problems are the same people who claim to have a solution, yet that solution usually only favors the select few. And people continue to support them.

I think most of the world is caught in a Stockholm syndrome scenario.
Mark ... Everything you have been told is a LIE
  • #2,163
  • Mar 30, 2023 1:49pm Mar 30, 2023 1:49pm
Stopping here cuz I will say something that the management likely won't like.
Mark ... Everything you have been told is a LIE
  • #2,164
  • Mar 30, 2023 1:51pm Mar 30, 2023 1:51pm
Connected a 32 in TV to my laptop, hdmi, and whoa ... the charts are soooo clear. Now I need to configure my work space to handle it all. My desk is small.
Mark ... Everything you have been told is a LIE
  • #2,165
  • Mar 30, 2023 1:59pm Mar 30, 2023 1:59pm
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Mark ... Everything you have been told is a LIE
  • #2,166
  • Mar 30, 2023 1:59pm Mar 30, 2023 1:59pm
Quoting spzd
Connected a 32 in TV to my laptop, hdmi, and whoa ... the charts are soooo clear. Now I need to configure my work space to handle it all. My desk is small.
I got a 72" hooked up to mine
MY GRID. Markets are NOT random.
  • #2,167
  • Mar 30, 2023 2:08pm Mar 30, 2023 2:08pm
Quoting tonyb123
{quote} I got a 72" hooked up to mine
It was that or get the desk top out of moth balls with the 4 screen stand. I only look at on instrument when trading so the TV will work just fine.

The wife might get peeved if I hook up to the big one ...
Mark ... Everything you have been told is a LIE
  • #2,168
  • Mar 30, 2023 2:46pm Mar 30, 2023 2:46pm
Quoting spzd
{image}
All my squigglies still show up. That can change real fast though. Hull MA will follow fairly close (dependent on period) to price. Again, this is why I use them for proxies of price.
Mark ... Everything you have been told is a LIE
  • #2,169
  • Mar 30, 2023 4:23pm Mar 30, 2023 4:23pm
Quoting spzd
{quote} All my squigglies still show up. That can change real fast though. Hull MA will follow fairly close (dependent on period) to price. Again, this is why I use them for proxies of price.
ether
Things will change fast. All the MAs are coming together with price creating equilibrium. If they give me a decent setup I will take it either direction.

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Mark ... Everything you have been told is a LIE
  • #2,170
  • Mar 30, 2023 6:47pm Mar 30, 2023 6:47pm
I completely missed that. It's in one of my windows too.
Mark ... Everything you have been told is a LIE
  • #2,171
  • Mar 31, 2023 7:56am Mar 31, 2023 7:56am
Steyr River, Austria

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Mark ... Everything you have been told is a LIE
  • #2,172
  • Mar 31, 2023 10:07am Mar 31, 2023 10:07am
Some days just are not made for trading.

Inserted Video
Mark ... Everything you have been told is a LIE
  • #2,173
  • Mar 31, 2023 12:32pm Mar 31, 2023 12:32pm
What I was watching for on GJ earlier this week, this being UJ. Waiting to see how it closes the week, could be setting up for shorts next week. We shall see. EJ and GJ are shaping up to have the top locked in, and close as FRD.

This week has been more of a hands off week for me. Just been studying SB's materials and observing. Things are starting to gel but I'm still going to go through it all a second time in order to solidify things, and catch things I may have missed the first time.
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Virtue signaling is for those who are devoid of actual virtue
  • #2,174
  • Mar 31, 2023 1:14pm Mar 31, 2023 1:14pm
Quoting Butters
What I was watching for on GJ earlier this week, this being UJ. Waiting to see how it closes the week, could be setting up for shorts next week. We shall see. EJ and GJ are shaping up to have the top locked in, and close as FRD. This week has been more of a hands off week for me. Just been studying SB's materials and observing. Things are starting to gel but I'm still going to go through it all a second time in order to solidify things, and catch things I may have missed the first time. {image}
GJ is a solid FRD. Fits all the criteria - HOW, BO above PDH, I think the Asia high could be considered a PFH.


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Mark ... Everything you have been told is a LIE
  • #2,175
  • Mar 31, 2023 2:07pm Mar 31, 2023 2:07pm
I need to pay closer attention to GJ and EJ during the day. I was fixated on UJ and the price action was so messy I didn't even consider trying to trade it. Then I checked GJ and EJ and they were much cleaner, I would have traded one of them. lol Oh well. The market's not going anywhere.

I really like the Yen pairs, they move more, have cleaner price action, and seem to have quality setups more often. They're less of a headache to look at. I'm thinking of just watching UJ, GJ, and EJ going forward, and just specializing in one niche corner of the market instead of trying to keep tabs on so many things. I do a lot better when I'm focused on one thing, as I get scatter-brained pretty easily and then I have a hard time doing anything effectively. lol

UJ's gettin' down there, might end up being FRD too.
Virtue signaling is for those who are devoid of actual virtue
  • #2,176
  • Mar 31, 2023 2:17pm Mar 31, 2023 2:17pm
Quoting Butters
I need to pay closer attention to GJ and EJ during the day. I was fixated on UJ and the price action was so messy I didn't even consider trying to trade it. Then I checked GJ and EJ and they were much cleaner, I would have traded one of them. lol Oh well. The market's not going anywhere. I really like the Yen pairs, they move more, have cleaner price action, and seem to have quality setups more often. They're less of a headache to look at. I'm thinking of just watching UJ, GJ, and EJ going forward, and just specializing in one niche corner of the...
I gave it a few days go and found I can not make the entry decisions I think are acceptable with multiple pairs. I settled back in again with only the GJ. My focus is the Asian session, which for me is 6pm to about 9 or 10 pm (US central time) dependent on what is there. I think there is a benefit to focusing on one pair or one very small grouping. Since the moves of those 3 pair are similar you should find at least one good setup.

That's the theory at least.
Mark ... Everything you have been told is a LIE
  • #2,177
  • Mar 31, 2023 5:53pm Mar 31, 2023 5:53pm
Quoting Butters
I was fixated on UJ and the price action was so messy I didn't even consider trying to trade it.
Hi Mark & Butters,

For me early on, the USDJPY was also a pair that had me scratching my head for sure. Some days messy, nothing, then all of a sudden one day out of the blue a runner/grind, and i was thinking where the heck did that come from lol. But that was me, and it was a long time ago and I haven't traded UJ in maybe 3 years now.

I came to a personal conclusion, which CANNOT be true obviously, but the conclusion served its purpose for me in 'not' trading UJ lol, if you know what I mean.
That "false" conclusion was that the Fed run the BoJ de facto and so it is then essentially not a PAIR but a SINGLE currency of sorts .
CANNOT BE TRUE, so I am not saying this is a fact or anything like that, just that "the thought" allowed me to move on from the USDJPY to elsewhere hahaaa.
Many folk trade the UJ well I notice but IT is not for me.

Any single pair works as a trading concept for learning ITS singular behaviour imho,
as long as the pair you choose has enough movement in the major Sessions (Franky/London & New York) to make it viable for your TP requirements.

Living in Australia makes the YEN pairs attractive to me for the Asia session I trade.
Yet I have "failed" in the past lol with my local pair AUDJPY - go figure lol

All the best with our choices of trade instruments, in the end it will be up to US only to sort it all out for ourselves
  • #2,178
  • Mar 31, 2023 7:58pm Mar 31, 2023 7:58pm
Quoting TimeTells
{quote} Hi Mark & Butters, For me early on, the USDJPY was also a pair that had me scratching my head for sure. Some days messy, nothing, then all of a sudden one day out of the blue a runner/grind, and i was thinking where the heck did that come from lol. But that was me, and it was a long time ago and I haven't traded UJ in maybe 3 years now. I came to a personal conclusion, which CANNOT be true obviously, but the conclusion served its purpose for me in 'not' trading UJ lol, if you know what I mean. That "false" conclusion was that the Fed run...
Hey Pete,

Glad you dropped by.

I admit I have been a bit fickle in my choice of a currency pair to trade. Lately my focus has been the GBPJPY. It is a good pair to follow in the continuing market structure education. A plus is it has moves during Asia that are worth the time. It also fits my split schedule seeing that my focus is the SP500 during my morning and early afternoon.

I couple things I have found out mostly pertaining to ME and how I do things - which has a direct effect on how one trades imo - in the attempt to watch multiple pairs is 1) because I do look for more specific time windows, it's much easier to deal with just one currency than many; 2) I found that indecision or uncertainty in one pair would often bleed over into my analysis of other pairs, then it just gets messy.

So, the royal decree has been issued and we will focus most of our attention on GJ.

Keeps things simple.

Take care
Mark ... Everything you have been told is a LIE
  • #2,179
  • Apr 1, 2023 2:51pm Apr 1, 2023 2:51pm
Java Tree Frog

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Mark ... Everything you have been told is a LIE
  • #2,180
  • Apr 1, 2023 3:24pm Apr 1, 2023 3:24pm
Quoting spzd
Java Tree Frog {image}
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