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Flying Dutchman

  • #7,521
  • Apr 6, 2023 4:57pm Apr 6, 2023 4:57pm
Quoting spzd
{quote}
Plus with the "oddness" (at least for me) of the market lately, it just seemed a logical spot. Plus some other things I am still fiddling with. As always when done some kind of posting binge will no doubt occur.

Combining analysis & logic is a good start for trading imo.

Post-NFP & Easter Monday might see some stretch begin again from the essentially inside bar days over the past few. (I don't mind the Ib's though, I'm flexible).
  • #7,522
  • Apr 6, 2023 5:02pm Apr 6, 2023 5:02pm
Quoting TimeTells
{quote} Combining analysis & logic is a good start for trading imo. Post-NFP & Easter Monday might see some stretch begin again from the essentially inside bar days over the past few. (I don't mind the Ib's though, I'm flexible).
This being an extended move imo, I think it has been trying to top. Setting up for NFP. They love to use news for bigger moves and with US the only ones playing in the am they could move it fairly easy.

All just conjecture. You know, the thought experiment thing.
Mark ... Everything you have been told is a LIE
  • #7,523
  • Apr 6, 2023 5:12pm Apr 6, 2023 5:12pm
H1 GJ

Some possible targets. I am of the opinion this may go down tomorrow maybe into next week. See I don't spend all my time on the one minute.

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Mark ... Everything you have been told is a LIE
  • #7,524
  • Apr 6, 2023 5:32pm Apr 6, 2023 5:32pm
Quoting spzd
H1 GJ Some possible targets. I am of the opinion this may go down tomorrow maybe into next week. See I don't spend all my time on the one minute. {image}

Up, Down, Range. Once they tip their hand (observation, logic,,,, or math), trade with 'em.
  • #7,525
  • Apr 6, 2023 5:35pm Apr 6, 2023 5:35pm
Quoting TimeTells
{quote} Up, Down, Range. Once they tip their hand (observation, logic,,,, or math), trade with 'em.
When it comes we will know for sure. I could be completely wrong. Always fun to make that guess.
Mark ... Everything you have been told is a LIE
  • #7,526
  • Apr 6, 2023 5:46pm Apr 6, 2023 5:46pm
Quoting spzd
{quote}
When it comes we will know for sure. I could be completely wrong. Always fun to make that guess.

I agree on all points for sure.

It is natural & human to derive a bias based on our methodologies of market assessments at the time.

It is (.... insert your own word, here ...) that allows us to override those instinctive & reasoned biases, when the situation changes.

Then we best change with it , and not hold onto what was correct in our minds, even just a moment ago.

Could any play shuttlecock, if any do , without the ability to "go with flow" .... ie umpire I want that point back as the shuttlecock was going left when I hit at it
  • #7,527
  • Apr 6, 2023 5:55pm Apr 6, 2023 5:55pm
Quoting TimeTells
{quote} I agree on all points for sure. It is natural & human to derive a bias based on our methodologies of market assessments at the time. It is (.... insert your own word, here ...) that allows us to override those instinctive & reasoned biases, when the situation changes. Then we best change with it , and not hold onto what was correct in our minds, even just a moment ago. Could any play shuttlecock, if any do , without the ability to "go with flow" .... ie umpire I want that point back as the shuttlecock was going left when I hit...
Might be my new mantra.

Things change fast. I could be wrong.
Mark ... Everything you have been told is a LIE
  • #7,528
  • Apr 6, 2023 6:05pm Apr 6, 2023 6:05pm
I'm guessing we are all correct maybe 80% of the time (yep, that's my thought).
I mean you get 50% with just a flip of a coin if you know what I mean.

It's how a trader might trade, or escape, in the 20% times where the market might outfox the trader (by its design lol).
That, let's say 20% of the time, and trader conduct there is a KEY to trading longevity imo,
trade safe, trade well (and greater than 80% is achiveable I read ).
  • #7,529
  • Apr 6, 2023 11:19pm Apr 6, 2023 11:19pm
Quoting bluesteele
Cory Mitchell: Trading, The Intuitive Game Great podcast I listened to the other day its 1hr 20 mins and worth the investment in time IMO, Cory is a great trader and has excellent insights into what it takes to succeed in this biz.. https://youtu.be/eIi7oOJl90I
A good listen indeed. We can learn a lot from others' experiences and how they started, went about it or failed or succeeded.
  • #7,530
  • Apr 7, 2023 1:45am Apr 7, 2023 1:45am
Is it worth trading on a bank holiday?
  • #7,531
  • Edited 2:34am Apr 7, 2023 2:18am | Edited 2:34am
and also, remember George... MA15 is below MA200, while MA4H and MA1H are above MA200, momentum!!!!
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  • #7,532
  • Apr 7, 2023 2:24am Apr 7, 2023 2:24am
Quoting spzd
{quote} {image}
New York 0:00
  • #7,533
  • Apr 7, 2023 2:40am Apr 7, 2023 2:40am
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Quoting mik2012
and also, remember George... MA15 is below MA200, while MA4H and MA1H are above MA200, momentum!!!! {image}
  • #7,534
  • Apr 7, 2023 7:40am Apr 7, 2023 7:40am
Quoting Furro
Is it worth trading on a bank holiday?
Sometimes. Depends on if the market is moving to your satisfaction and if it is giving signals from your method.
Mark ... Everything you have been told is a LIE
  • #7,535
  • Apr 7, 2023 5:33pm Apr 7, 2023 5:33pm
Quoting Furro
Is it worth trading on a bank holiday?

Hi F,
Mark has it imo.

Quoting spzd
{quote}
Sometimes.
Depends on if the market is moving to your satisfaction and if it is giving signals from your method.

On Holiday days I find Asia where I trade doesn't have the participant interest to give up what I call safer trades (ie "lock" trades) tho as the day progresses into the pre-Franky time slot then they should (?), only imo, return price to established levels in preparation for the next turkey-carving action if you know what I mean.

Always trade safe, trade well
AND just STAY OUT when the market isn't making its same sense to YOU is best for me.
  • #7,536
  • Apr 7, 2023 5:39pm Apr 7, 2023 5:39pm
Here's the SAME market mechanics & behaviours I look at, after each day has passed, just as a review and confirmation (to myself) the market is highly organised.

NFP is pretty obvious, but what else can I see & plan for (not too much), without what I call some of my structure. The George Swings are obvious to me.


Current market Structure can take different forms, depending on our own viewpoint.

What we each see as Structure allows us to trade the market in OUR way imo.

.
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  • #7,537
  • Apr 7, 2023 6:15pm Apr 7, 2023 6:15pm
Same chart as above with some structure added.

The structure I add IS NOT a singular-must-be-viewed no other way lol-hard coded-and this is how it is ... Structure. NO.
Just some things I may look for to ponder are participants maybe going to get more involved near/or to/or around certain prices on a chart.

EVERYONE REALLY, IMO, SHOULD HAVE THEIR OWN VIEW OF HOW THEY MIGHT SEE THE MARKET

Else what are we looking at, on a chart, when we contemplate a trade.

Just an overview chart, NOT a trade mechanism chart.

.
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  • #7,538
  • Apr 7, 2023 6:17pm Apr 7, 2023 6:17pm
And here's potential trade Structure Chart from the past that I saved (cheers guys) run up by Turnip and Shabs which gives a Trade Mechanism within a chart.

.
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  • #7,539
  • Apr 8, 2023 3:38am Apr 8, 2023 3:38am
Same Market Mechanics, same Market Behaviours, same Market Structures, same High Organisation, imo
Different instrument though.
S&P500

.
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  • #7,540
  • Apr 8, 2023 3:58am Apr 8, 2023 3:58am
Same market
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