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Volman meets Burke or My journey with PA

  • #2,321
  • Apr 10, 2023 10:46pm Apr 10, 2023 10:46pm
Quoting spzd
{quote} 11.45 pm NY - 10.45 pm my time now
Go through and prove it to yourself ...
Mark ... Everything you have been told is a LIE
  • #2,322
  • Apr 10, 2023 10:48pm Apr 10, 2023 10:48pm
Quoting spzd
{quote} Go through and prove it to yourself ...
I am only looking at GJ. But fairly confident most other pair move in a similar manner. Day in. Day out.
Mark ... Everything you have been told is a LIE
  • #2,323
  • Apr 10, 2023 10:50pm Apr 10, 2023 10:50pm
Quoting spzd
{quote} 11.45 pm NY - 10.45 pm my time now
Hmm... I think, FRNK or LON open will give us some clues regarding EJ or GJ. For now, it's better to take a break.
Success = Practice + Patience + Persistence
  • #2,324
  • Apr 10, 2023 10:59pm Apr 10, 2023 10:59pm
Quoting fxpider
{quote} Hmm... I think, FRNK or LON open will give us some clues regarding EJ or GJ. For now, it's better to take a break.
I'm done. Franky/London are tooooooooo late.

Those times I mentioned have come and gone today. Fear not, tomorrow is a likely repeat.
Mark ... Everything you have been told is a LIE
  • #2,325
  • Apr 10, 2023 11:34pm Apr 10, 2023 11:34pm
For me it comes down to as precise an entry as I can realistically make - and yes a lot are very close to where I point out.

From there is manage the trade as far as you can - this part is not always successful as I manually trail my stops.

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Mark ... Everything you have been told is a LIE
  • #2,326
  • Apr 11, 2023 12:09am Apr 11, 2023 12:09am
Sunday evening - Monday morning for many. Can use the increased liquidity from TSE open.

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Mark ... Everything you have been told is a LIE
  • #2,327
  • Apr 11, 2023 12:22am Apr 11, 2023 12:22am
Nice work guys, logical thinking.
When Kev pointed out again the quarters to me a while I had a good look.
25p between the qtrs. Miss the first AND last 5p, gives up a nice 15p, IF at the right PLACE and TIME. Do that twice a day and can't really complain.
Get on a runner and there's more.
Each to their own, no ONE way to trade these markets.
But logical observation is a good place to start (and maths of course, we all use maths. Just some not maths all on its OWN ).
  • #2,328
  • Apr 11, 2023 12:43am Apr 11, 2023 12:43am
Quoting TimeTells
Nice work guys, logical thinking. When Kev pointed out again the quarters to me a while I had a good look. 25p between the qtrs. Miss the first AND last 5p, gives up a nice 15p, IF at the right PLACE and TIME. Do that twice a day and can't really complain. Get on a runner and there's more. Each to their own, no ONE way to trade these markets. But logical observation is a good place to start (and maths of course, we all use maths. Just some not maths all on its OWN ).
I use what I have termed "observational math". This is where I know how price movement will affect my squiglies. This has led me to be able to better anticipate entries. This has led to the use of buy/sell stops for momentum entries.

Another observation is with the dynamic mid-points, Kijuns.It's more of a duh thing as opposed to a brilliant observation. Nevertheless, when the Kijun is moving up or down is a sign of momentum in that direction as it is the mid-point moving. This can be "proved" through observational math.
Mark ... Everything you have been told is a LIE
  • #2,329
  • Apr 11, 2023 8:26am Apr 11, 2023 8:26am
Mossy Grotto Falls, Columbia River Gorge, Oregon, USA

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Mark ... Everything you have been told is a LIE
  • #2,330
  • Apr 11, 2023 9:47am Apr 11, 2023 9:47am
Quoting spzd
Mossy Grotto Falls, Columbia River Gorge, Oregon, USA {image}
WooW!! eye-soothing greenery.
Success = Practice + Patience + Persistence
  • #2,331
  • Apr 11, 2023 9:58am Apr 11, 2023 9:58am
Quoting fxpider
{quote} WooW!! eye-soothing greenery.
Temperate climate rain forest in that part of the country.
Mark ... Everything you have been told is a LIE
  • #2,332
  • Apr 11, 2023 10:09am Apr 11, 2023 10:09am
Quoting fxpider
EJ and GJ both are in the EQUILIBRIUM point. Can't form any BIAS. {image}
Finally was able to squeeze some pips out of EJ and GJ during NY. The whole LONDON session was a sit-out.

BO @ opening range high

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Success = Practice + Patience + Persistence
  • #2,333
  • Apr 11, 2023 10:11am Apr 11, 2023 10:11am
Quoting spzd
{quote} Temperate climate rain forest in that part of the country.
Did you catch the GJ move?
Success = Practice + Patience + Persistence
  • #2,334
  • Apr 11, 2023 10:17am Apr 11, 2023 10:17am
Quoting fxpider
{quote} Did you catch the GJ move?
Nope. Had to go to the bank this morning.
Mark ... Everything you have been told is a LIE
  • #2,335
  • Apr 11, 2023 4:45pm Apr 11, 2023 4:45pm
Quoting fxpider
{quote}
Did you catch the GJ move?

Nope, me either guys, I pulled the plug before the New York Open.

I did manage to grab an ugly 16p selling back to the Day Ope Line via the whipsaws after London.
I entered by hand here the short Mauve Lines as I visualise in play these octaves (eighths) that sit between the RN quarters (.125 .625 .875).
The octaves can often provide a little something viewwise (7-8 pips) during the tight range & inflection days.

The New York runup ended at the London close, before a pullback, and is right where the gap open started today on the thin red line (the Weekly R1).

BoJ, "meet the new boss, same as the old boss" ? (The Who, lol), we shall see by months end I reckon.

.
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  • #2,336
  • Apr 11, 2023 5:42pm Apr 11, 2023 5:42pm
Tomorrow should be interesting for UJ. If we get a short setup and MRN gives it the follow-through I'll look for a first bounce trade. Or visa versa.
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Virtue signaling is for those who are devoid of actual virtue
  • #2,337
  • Apr 11, 2023 6:10pm Apr 11, 2023 6:10pm
Quoting TimeTells
{quote} Nope, me either guys, I pulled the plug before the New York Open. I did manage to grab an ugly 16p selling back to the Day Ope Line via the whipsaws after London. I entered by hand here the short Mauve Lines as I visualise in play these octaves (eighths) that sit between the RN quarters (.125 .625 .875). The octaves can often provide a little something viewwise (7-8 pips) during the tight range & inflection days. The New York runup ended at the London close, before a pullback, and is right where the gap open started today on the thin red...
For now. As you say, we will know more before long.

The crosses tend to go sloppy at times.

There were some nice spots on the UJ for some decent scratch.

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Mark ... Everything you have been told is a LIE
  • #2,338
  • Apr 11, 2023 6:12pm Apr 11, 2023 6:12pm
Quoting Butters
Tomorrow should be interesting for UJ. If we get a short setup and MRN gives it the follow-through I'll look for a first bounce trade. Or visa versa. {image}
May get a boost from US CPI in the am.
Mark ... Everything you have been told is a LIE
  • #2,339
  • Apr 11, 2023 6:15pm Apr 11, 2023 6:15pm
Quoting spzd
{quote} May get a boost from US CPI in the am.
I will miss that one. Have to go out of town tomorrow. Will take all day.
Mark ... Everything you have been told is a LIE
  • #2,340
  • Apr 11, 2023 6:24pm Apr 11, 2023 6:24pm
Something to ponder ...

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Mark ... Everything you have been told is a LIE
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