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Flying Dutchman

  • #7,481
  • Apr 3, 2023 7:49pm Apr 3, 2023 7:49pm
Hi All,

A small locked trade for 5 pips. Waited for the structure break so a little late on entry after the LH formed.
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  • #7,482
  • Apr 4, 2023 3:54am Apr 4, 2023 3:54am
Traded AUD rate decision.

FB @ PDH
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Success = Practice + Patience + Persistence
  • #7,483
  • Apr 4, 2023 4:41am Apr 4, 2023 4:41am
Quoting OAPDave
Went to the Race Track today Took my CALCULATOR To help with the MATHS Banked +50 into Buy account {image}

Hi Dave,

Hahaa, good humour sir, and always appreciated.
And
Looks like we were on the same HORSE .


But I forget my blasted calculator in my rush to put an old Kangal Hat on my head

But I managed to throw my Zeiss 10x50 BINOCULARS over my shoulder before the taxi arrived, so I could watch those tricky jockeys down the back straight

.
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  • #7,484
  • Apr 4, 2023 5:03am Apr 4, 2023 5:03am
Quoting OAPDave
{quote}
if you believed and do the Math's Look at all the commission you would save

Dave,

I also do the maths AND use my eyes . Why NOT do both with all our facultys.

I told the story months ago on here how when I was 100% maths when rating all my horses that I had an epipheny one day when "watching" the replays.
What I saw with my eyes enhanced the maths work I was doing . Without thinking I guess I just brought all that with me, over here to trading )

"Saved the commission" hahaaa, a mere cost of doing business sir never a problem.
I had actually closed my bag after the first trade win and was stopping and essentially done for the day at +28p (I trade for +15p each day).

But the market kept rising, so what was a punter to do. Saddle up & get on again of course.
Then the day was done a 2nd time.
Nah, price kept on rising lol. I've seen this behaviour before. Paid for all the comms AND a meat pie with 3rd and last trade.

(And also threw a shilling lol on the ground j/king on the way out. An old punter's good luck charm for the next race meeting ahead ).

Trade well dave and pls dont have misery for the cost of doing business sir, that's glass half empty full kinda stuff, I thank the stars the 3rd trade also played positive).

Trade well guys, trade safe.
  • #7,485
  • Apr 4, 2023 5:36am Apr 4, 2023 5:36am
Quoting OAPDave
{quote} There lies the area of disagreement To me anyway Your eyes see the area of interest or well we will say problem Math's give the solution All Indicators of any shape or form including lines are math's based, like it or not Just cannot see what you keep causing all the fuss about Course you need your eyes to action your trade plan, unless you are one of these clever coders

Dave,
Please mate, I 've been down this path before .
I don't ever remember posting Maths Does Not Work. How could I, I use Maths.
Just not maths alone.

I put up charts. Those charts show clearly (to me, lol) HOW this market runs intra-day with its mechanics & behaviours and from where to where.
They cannot hide this on the charts imho, as where would they hide it.

I ask myself why it would bother one other trader how I trade. Yet it seems ONLY maths traders get out of kilter when a trader mentions watching a chart grow.

Maybe, ask yourself, in a moment of peace & solitude, just why it matters to you how I trade.
  • #7,486
  • Apr 4, 2023 5:43am Apr 4, 2023 5:43am
Quoting OAPDave
{quote} Go to bed your tired
omg
  • #7,487
  • Apr 4, 2023 9:53am Apr 4, 2023 9:53am
Quoting OAPDave
{quote} if you believed and do the Math's Look at all the commission you would save https://youtu.be/6Cs3Pvmmv0E
There is more than one way to trade Dave... What about the scalper that trades 10-50+++ more times a day.. should they have faith? Should they have faith and put one position on? And trade the way you say is correct ?

What does it matter to you how someone else takes their piece of the pie? Because one slice of say 10 pips can be worth a hell of alot more than someone else's 50.... So really Dave what does it matter to you ?? Perhaps your sense of humor I don't understand,, then my apologies ...

That's what I don't understand about these so called "math" traders .. they criticize others and have this sense of "my way is Math and it's the only way" yet put you all together on your own math thread and you all will criticize each other that the others math is wrong and yours is right.

I certainly don't recall studying that Gann took over the financial world he made some money..but really if it was all what It was cracked up to be...

And IF it was JUST Math,,, he would have died with a heck of a lot more than he did... But no one wants to look in the mirror...they all want to blame others or something external...rather than look in the mirror...

TimeTells "consistently" like clockwork beats this market most every single day ! 15-20 pips consistently daily is not an easy feat and few can do it over time... Yet he should have faith ! Please Dave I think your smarter than this..

And again,,, My apologies Dave IF this was an attempt at humor by you...but I don't see you saying that,,,

Perhaps you should be more concerned about your own trading Dave and work on being a consistent trader like Pete/TimeTells is...

Have a great day
Blue

Edit: just saw you posted Dave... Thanks for the explanation..but I will let my post stand as I stand by my words.... All the best
Markets are Mirrors,,Mastery of craft is mastery of self
  • #7,488
  • Apr 4, 2023 10:14am Apr 4, 2023 10:14am
Quoting OAPDave
{quote} I assume you have not read my post 7492 ?
Yep I see it now ....but will not delete my post as I believe it has some important points that pertain to others..

Good trading on the GJ.. Targets targets targets...as George would say !!

Chatting with Pete last night(my time) in earlier Asia sesh about the market heading to that Feb high in London that was taken out this a.m. and then shorting it....this morning... Plan executed

All the best
Blue
Markets are Mirrors,,Mastery of craft is mastery of self
  • #7,489
  • Apr 4, 2023 3:52pm Apr 4, 2023 3:52pm
Quoting OAPDave
{quote}
Peter
Not sure why you have got the Huff now I have said a few times, yours, and another guys style of trading carries no interest for me at all, so no idea were you get that idea I care from. In saying that I want everyone on here to win plenty of pips in anyway they can All my point is, I do not want to only have an Eye Ball Method, that requires me to be glued to my screen My aim is to have more than one way to trade I am now fairly confidant, well as much as you can be in this game , to place a trade by means of order and walk away or...

Hi Dave,
I am not sure why you assume I have ... "huff" ... lol.
Mate I have no worries with any poster at all on FF, as I know how to hold my own ground strongly (life experiences lol).
So.
I had completed my trading for the day. Came on here to see if any charts were up as I enjoy seeing everybodys charts. I'm that kinda (visual) guy as you know.
If someonse says to me they used maths to see their chart I am afraid the word "maths" gives me no real clue of what the maths trader was 'seeing' at the time.
While I love seeing ALL charts from every trader and from every style of trader.
Being visual, I can see enough into every chart and it is pleasing & is good for me is all.

So NO huff lol please.

Let's go back to where I had finished for my day & I came onto FF to see some other folks charts. And I saw your post.
I was happy as I was hoping your post was maybe (?) to catch my attention as no one else really mentions Horse Racing, apart from you & me, so that was great.

Quoting OAPDave
Went to the Race Track today Took my CALCULATOR To help with the MATHS Banked +50 into Buy account {image}
So I laughed & enjoyed your post & replied in the same vein, with a reference to BINOCULARS as that was the link to my visual style .
Then you replied that I should have more faith lol, that I would save commission if I didn't enter 3 separate trades rather than leave one trade to run all night.
I wondered where this might all be heading at that point lol, I look for patterns.
Many other traders have mentioned before they might average up and ADD to their own current trade (numbers) inside their current block trade runners,
and I cannot remember one of them mention this was an isssue for them because of the commission.
But if commission is a concern to you that is still okay with me truly. I just never think of commission at all really when contemplating my trade entrys.

So folks PLEASE lol, and NOT you Dave, "don't get your nappies in a knot" (just JOKING, again), as I have no concern one way or another how other trader's trade.
I just like seeing their charts is all. I will always though trade how I have developed my trading. And I prefer that, as others do theirs.

Okay, I am running up a chart as we speak to show what I mean by VISUALS.

These VISUALS paint for me an overall picture in advance of how, myself I view Market Structure. Not everyone sees structure the same way, no probs for me.
The way price moves in & around my intra-day structure, and behaves around these trader 'attractors' (not price attractors) is what I am generally looking at.
Maths does not quite give me that same overview in one holistic picture, but that's just me, but I do use maths somewhere in the mix.

all the best Dave, things are good pal,
Pete
  • #7,490
  • Apr 4, 2023 4:00pm Apr 4, 2023 4:00pm
Day Two of the new Month is near done.
The chart I post here looks quite similar I imagine to my other day end charts, as to me the market does things essentially in the same way.

The Lines that are on the charts tell me a story. They do NOT show a trade mechanism. As that (trading) is up to each trader to develop in their own way.

I called this chart, Fuller Market Mechanics


.
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  • #7,491
  • Apr 4, 2023 4:28pm Apr 4, 2023 4:28pm
Quoting bluesteele
{quote}
That's what I don't understand about these so called "math" traders .. they criticize others and have this sense of "my way is Math and it's the only way" yet put you all together on your own math thread and you all will criticize each other that the others math is wrong and yours is right.

Hi Kev,

Oooh I missed this part, and an interesting concept.

A thread not necessarily restricted to just the Math Folk, but the Math folk would have full rights control to minimise any posts etc that strayed from discussing
Math trading in Detail.

And other traders would find the thread fascinating for sure as it would give an insight on FF into the world of trading math.

Trading IS dangerous, but how a trader approaches trading may alleviate some of the 'danger' in how they assess the market for themself.

I would look in I reckon on a Math Only Thread
but not post.

Many other traders might also look in to see what they can learn from a Collective of Math Traders.

It might end up the best thread on FF who knows (there are now over 10,000 threads I think lol).

Makes me wonder why of all those 10,000 threads on "this sytem & that" and this "idea and that", but none yet dedicated to a die hard math trader.

Hoping the idea takes off by someone for sure.
  • #7,492
  • Apr 4, 2023 7:04pm Apr 4, 2023 7:04pm
Thanks to Mr delete a post, we now have Blue And TT looking as if they are talking to themselves ...
Mark ... Everything you have been told is a LIE
  • #7,493
  • Apr 4, 2023 7:12pm Apr 4, 2023 7:12pm
Quoting spzd
Thanks to Mr delete a post, we now have Blue And TT looking as if they are talking to themselves ...
Strange way to try and prove legitimacy.
Mark ... Everything you have been told is a LIE
  • #7,494
  • Apr 4, 2023 8:51pm Apr 4, 2023 8:51pm
CLICK--->
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Success = Practice + Patience + Persistence
  • #7,495
  • Apr 4, 2023 8:53pm Apr 4, 2023 8:53pm
Quoting fxpider
CLICK--->{image}
That was a wrestling move.
Mark ... Everything you have been told is a LIE
  • #7,496
  • Apr 4, 2023 9:18pm Apr 4, 2023 9:18pm
Quoting spzd
{quote} That was a wrestling move.
That's the GIF representation of the thread's activities for the last couple of weeks.
Success = Practice + Patience + Persistence
  • #7,497
  • Apr 4, 2023 11:04pm Apr 4, 2023 11:04pm
Quoting TimeTells
{quote} Hi Dave, Hahaa, good humour sir, and always appreciated. And Looks like we were on the same HORSE . But I forget my blasted calculator in my rush to put an old Kangal Hat on my head But I managed to throw my Zeiss 10x50 BINOCULARS over my shoulder before the taxi arrived, so I could watch those tricky jockeys down the back straight . {image}
Hi Pete,
Nice trades as usual. I was looking at the GBP/JPY chart last night around London Open, both 1 and 15 minutes chart. I normally trade reversals as you must have noticed. Somehow i hardly see continuation trades/ setups. If i do its very late..lol. Your first trade of 28 odd pips looked really good. I saw that a bit late. So the way i see it, the momentum for the day was up so buying would have been better in terms of probability (nothing for sure though). The big candle that pierced the 165.250 showed momentum and the red candles that followed showed little downward movement. The next decent size green candle would have been my entry if i saw it live. As per the rules i follow it was at RN and time was London session. Engulfing candle too. That is what i see, all in hindsight. Please do let meknow if i have seen it correctly. You can add anything that i may have missed.
Thanks
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  • #7,498
  • Apr 4, 2023 11:22pm Apr 4, 2023 11:22pm
Quoting bluesteele
{quote} Yep I see it now ....but will not delete my post as I believe it has some important points that pertain to others.. Good trading on the GJ.. Targets targets targets...as George would say !! Chatting with Pete last night(my time) in earlier Asia sesh about the market heading to that Feb high in London that was taken out this a.m. and then shorting it....this morning... Plan executed All the best Blue
Hi Bluesteele,
I was also looking at the GBP/JPY on 15 minutes timeframe last night from London session. Have followed your posts and was looking for the Box, RN, 3 Steps, Sessions. As you may have noticed that i mostly look for reversals so was just waiting for the price to show me that the downturn is near. Well i waited for sometime but by the time NY session started i was fast asleep. i didn't get a chance this morning (NZ Time) to look at the charts, so that is why i am posting now. The manipulation or stop hunting was over 50 pips as it sometimes is. A bit disappointed that i didn't stay awake to place the trade but satisfied that my analysis was on the right track. The GBP/USD on the other hand also had the 3 steps all on Monday but after quiet Asia session yesterday it started again with the uptrend. Good learning for us cos when and how the price starts or stops trending is only up to the price or algo.

Thanks
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  • #7,499
  • Apr 5, 2023 12:01am Apr 5, 2023 12:01am
Quoting whitesta
{quote}
Hi Pete, Nice trades as usual. I was looking at the GBP/JPY chart last night around London Open, both 1 and 15 minutes chart. I normally trade reversals as you must have noticed. Somehow i hardly see continuation trades/ setups. If i do its very late..lol. Your first trade of 28 odd pips looked really good. I saw that a bit late. So the way i see it, the momentum for the day was up so buying would have been better in terms of probability (nothing for sure though). The big candle that pierced the 165.250 showed momentum and the red...

Cheers W,

Much appreciated pal good trades around all day yesterday I noticed (incl poor oapDave who decided his winning trade was less important than making a personal point to me I guess hahaaa, but I digress and I like Dave who is always welcome to post & chatter anytime, if he can stand the heat lol, just joking).

My preference is always to be trading WITH the market, especially when price has been TESTED and RETESTED as in Shab's Structure Trading Method.

In essence the reversals I see you trade, you DO this mainly if the market has faked above to PFH/L around one of the big RN numbers and you wait till price has come back inside again, well done.

I template a set of parisboy's original envelopes on ONE of my charts, as well as use other Technical Indis that will paint the market story for me at the time.
Those envelopes yesterday showed a Breakout right on the Franky Open so there I can take some notice, and where YOU highlighted in black the first Big Candle was the real wakeup point for me and where you showed the entry AFTER was the best place for sure. I jumped early (still a problem for me lol, but hey).

After that I was looking solely at the .500 target and remember price had already moved near 40 pips by then with price then inching up to the next burst candle at chart-time 11.14 had me happy to let my 1st trade run over the target line for a little extra.

On the 1min you can see then that price went into an inflection point for around half an hour before driving up again thru the .750 and then it was ON imo. Others (maybe the maths guys, who knows, good fortunes to them) maybe knew earlier I can't say but at that next drive TOWARDS the 000 was a 'lock' trade, very high probabilty it was just gonna happen as when we stand back from the chart now and look at it on the 15m then GBPJPY was a third to a half into its well known Market Mechanic behaviour called the GBPJPY Grinder. The Grinder is the bane of reversal traders as it takes them into the deepest waters sometimes (yesterday quite benign comparatively) but in The Grinder you can pretty safely just jump on (for whatever distance your heartbeat can stand hahaa, just joking).
Thus the late in the piece +9p trade I scavenged from the pile of carcasses at the end wink.

Dave told me last night to have faith. But I have been around GJ for too long now and I know its pecadillos, so being risk averse I am very happy to TP and lock it in safely in the account and then reenter after reassessment if wanted. Nothing worng I guess with being gung-ho and trusting the market, but that is just not me.

So I TP and that is just me, I make no apolgies for that as I have seen the BEST and the WORST of GBPJPY.

So maybe always keep The Grinder in mind with GJ, as if on the right track it is a safe conveyance once established imho BUT if not then have risk management actions at hand & quick. Franky UP then London UP is a fair starting point for that runner scenario. FlipsNFakes not so much if I remember correctly.

From what you wrote, W, your rules got you in AND out safely at the point you showed and from now ONLY you will find what works the best for you through dipping your feet in the water. There is NO one way is best really, only what is best for YOU.

Good post W.

(ps let me clear something up quickly here lol. For any who think I just open a chart, see a spot and enter a winning trade right off the bat, well that is NOT the case at all lol. I was keen to fade GJ in Asia yesterday but couldn't find a spot I was comfotable with so Kev & I just typed away on Skype about Trading and Life in general lol. No trade for me for five hours. So I work for my supper believe me )
  • #7,500
  • Apr 5, 2023 12:08am Apr 5, 2023 12:08am
Quoting whitesta
{quote} Hi Bluesteele, I was also looking at the GBP/JPY on 15 minutes timeframe last night from London session. Have followed your posts and was looking for the Box, RN, 3 Steps, Sessions. As you may have noticed that i mostly look for reversals so was just waiting for the price to show me that the downturn is near. Well i waited for sometime but by the time NY session started i was fast asleep. i didn't get a chance this morning (NZ Time) to look at the charts, so that is why i am posting now. The manipulation or stop hunting was over 50 pips...
Bang on the money Whitesta... It was a great short... As well take a look at the 4hr chart...(no bankers intent LOL)
That Pin Bar is a reversal candle...at where Weekly R1 BRN...Stop hunt of 25-50 pips above BRN or 100 pip box,,,
And when does that 4 hr candle close ? 30 mins before the 930am NY Equity open... an absolute boomer of a trade.

As well if you look at the 1m It makes a Reversal M pattern above 166 at the SH area and then retraces and It began printing LHs and LLs after breaching the 166 BRN and retracing...Signaling a shift down.

Bang on Analysis Whitesta 3 pushes with the third a nice big pump up,,,
and that is what its all about..You know what your looking for.. Its not hindsight when that is your setup.

Heres a few charts,,,1M showing the reversal pattern...and a few 15M charts showing 100 pip boxes and the NORMAL USUAL
25 50 pip stop hunts outside of the 00's (100 pip boxes) its a highly repeatable pattern,,,, that happens at timing over and over again.
And the 4HR showing the beauty pin bar at BRN at YEARLY HIGH (FEB) at Weekly R1 and at typical 25-50 pip SH area

And not one banker whispering in any ones ear about Intent nonsense...just good old plain trading...stacking the probabilites in your favour

Cheers
Blue
**funny again I was talking to Pete earlier about this trade and the confluences**

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Markets are Mirrors,,Mastery of craft is mastery of self
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