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Price Action Trading (PAT) - Amplifying Market Insights

  • #1,221
  • May 11, 2023 6:17pm May 11, 2023 6:17pm
Quoting ForexStats
Hi, I'm ForexStats and I'm a professional quant. I will be sharing some of my quantitative forex insights on here going forward. USD/ZAR is up more than 3% today. Here's how it has performed in the past when it was up this much or more in a single day. {image} The average subsequent 1-yr gain has been impressive, up around 12%!
I always wanted to meet an actual quant trader. Well be keepin eye on your stuff. Good luck and welcome!
How to succeed in zero sum game?
  • #1,222
  • May 11, 2023 6:45pm May 11, 2023 6:45pm
Quoting ForexStats
Hi, I'm ForexStats and I'm a professional quant. I will be sharing some of my quantitative forex insights on here going forward. USD/ZAR is up more than 3% today. Here's how it has performed in the past when it was up this much or more in a single day. {image} The average subsequent 1-yr gain has been impressive, up around 12%!
Hello, thank you for sharing.
The quantitative trading style is quite interesting, although I would never be able to be one, and I would love to see how you analyze trades.
Safe trading and good luck!
  • #1,223
  • May 11, 2023 9:59pm May 11, 2023 9:59pm
Quoting forkstrader
{quote} Google says it is Change of Character. You can google for them {image}


Thank you forkstrader
  • #1,224
  • Edited 2:14am May 12, 2023 12:42am | Edited 2:14am
GJ

Set up


Attached Image (click to enlarge)
Click to Enlarge Name: gj 004.jpg Size: 115 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,225
  • May 12, 2023 1:30am May 12, 2023 1:30am
Quoting Pat Chiko
GJ Set up {image} {image}
so what's your plan on this setup ? are you gonna buy on LTF to supply or wait and sell at supply zone?
  • #1,226
  • May 12, 2023 2:12am May 12, 2023 2:12am
Quoting Pat Chiko
GJ Set up {image} {image}
GJ

Short scalp FVG filled at SRF zone

Attached Image (click to enlarge)
Click to Enlarge Name: gj 009.jpg Size: 74 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,227
  • May 12, 2023 2:14am May 12, 2023 2:14am
Quoting ykpuffy07
{quote} so what's your plan on this setup ? are you gonna buy on LTF to supply or wait and sell at supply zone?
Please dont ask me those simple question.

I put up long explaination on how to look up for set up for you to think and comment on what you see.

In this case I put up a chart and then I have to explain hoe to interprate.

When do you want to learn... or prefer spoon feed
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,228
  • May 12, 2023 2:26am May 12, 2023 2:26am
Quoting Pat Chiko
{quote} UJ TP Partial. {image}
UJ

End of Scalping.

Attached Image (click to enlarge)
Click to Enlarge Name: uj 004.jpg Size: 147 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,229
  • May 12, 2023 2:36am May 12, 2023 2:36am
Quoting Pat Chiko
{quote} Please dont ask me those simple question. I put up long explaination on how to look up for set up for you to think and comment on what you see. In this case I put up a chart and then I have to explain hoe to interprate. When do you want to learn... or prefer spoon feed
My apologies sir, I didn't mean to get you upset
  • #1,230
  • May 12, 2023 2:39am May 12, 2023 2:39am
Quoting Pat Chiko;14423716[B
]{quote} Please dont ask me those simple question.[/b] I put up long explaination on how to look up for set up for you to think and comment on what you see. In this case I put up a chart and then I have to explain hoe to interprate. When do you want to learn... or prefer spoon feed
Hey big bro, let say you bought at a level and you usually don't set your stops unless red data around the corner.

If your level you bought didnt hold as Support ( let say 6x 3lots, your first buy) you usually Averaging up at the next liquidity level(e.g 4x 3 lots) . Now, if you are wrong wrong, you usually put your stops on the 3rd liquidity levels or sometimes 1.8x ATR of your latest N3.
Now my question is at your stops level, is it wise to put stops for all your position for both your N3 (10x 3 lots) or for the (6x 3lots and 2x 3lots{2nd N3}) and let at least (2x 3lots [2nd N3]) run to the next LQ levels (assuming it desnot affect more the 3% of you Total capital-to let the 2 positions run against you)
More time in the market, does not mean you trade better!
  • #1,231
  • May 12, 2023 2:41am May 12, 2023 2:41am
Quoting Pat Chiko
{quote} UJ End of Scalping. {image}

I wish I knew what SRF meant, this chart would be much easier to understand without further questions
  • #1,232
  • May 12, 2023 2:52am May 12, 2023 2:52am
Quoting ykpuffy07
{quote} I wish I knew what SRF meant, this chart would be much easier to understand without further questions
It stand for support and resistance flip
  • #1,233
  • May 12, 2023 2:53am May 12, 2023 2:53am
Quoting france001
{quote} It stand for support and resistance flip
https://www.forexfactory.com/thread/...9#post13888979
1

 

  1. refer to these notes it will help you understanding PAT style of trading a lot better

  • #1,234
  • May 12, 2023 3:00am May 12, 2023 3:00am
Quoting france001
{quote} It stand for support and resistance flip

thanks brother
  • #1,235
  • May 12, 2023 3:01am May 12, 2023 3:01am
Quoting Surya108
{quote} https://www.forexfactory.com/thread/...9#post13888979 1 refer to these notes it will help you understanding PAT style of trading a lot better

thanks brotherly
  • #1,236
  • May 12, 2023 3:02am May 12, 2023 3:02am
Quoting ykpuffy07
{quote} My apologies sir, I didn't mean to get you upset

No... I'm not upset , nor angry............. Just disappointed.

I blame our education and schooling system for this issue.
Children are taught what to think by their educators from an early age, instead of being taught how to think creatively and challenge established ideas.

As a result, they are not given the opportunity to question their teachers' decisions.
This flaw in the education system carries over to adulthood, where individuals still need to be told what to do.

Even at work, obsolete bosses insist on using outdated methods, perpetuating the cycle.

We need to break free from this cycle to have a free mind and think more creatively.

Simply put in graphic is the following. I've given this to many and it return like this.............
Attached Image (click to enlarge)
Click to Enlarge Name: simplest way to trade forex.jpg Size: 45 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,237
  • May 12, 2023 3:08am May 12, 2023 3:08am
Quoting Pat Chiko
{quote} No... I'm not upset , nor angry............. Just disappointed. I blame our education and schooling system for this issue. Children are taught what to think by their educators from an early age, instead of being taught how to think creatively and challenge established ideas. As a result, they are not given the opportunity to question their teachers' decisions. This flaw in the education system carries over to adulthood, where individuals still need to be told what to do. Even at work, obsolete bosses insist on using outdated methods, perpetuating...
SUMMARRY -
CHILDREN ARE SCHOOL ARE TRAINED TO BE SLAVES
BECAUSE SLAVE DO NOT DO QUESTIONING
CREATIVITY REFERS TO GETTING 1000 small pieces of data and making it a valuable information
ONLY ONE THING IS CONSTANT CHANGE
CREATIVITY CHALLENGES IDEAS
  • #1,238
  • May 12, 2023 3:10am May 12, 2023 3:10am
Quoting Surya108
{quote} SUMMARRY - CHILDREN ARE SCHOOL ARE TRAINED TO BE SLAVES BECAUSE SLAVE DO NOT DO QUESTIONING CREATIVITY REFERS TO GETTING 1000 small pieces of data and making it a valuable information ONLY ONE THING IS CONSTANT CHANGE CREATIVITY CHALLENGES IDEAS
Challenging the teachers idea especially in college get you kicked out.
More time in the market, does not mean you trade better!
  • #1,239
  • May 12, 2023 3:14am May 12, 2023 3:14am
Quoting Fardeen1209
{quote} Challenging the teachers idea especially in college get you kicked out.
LOOKS LIKE YOU ARE EXPERIENCED IN THIS
  • #1,240
  • May 12, 2023 3:19am May 12, 2023 3:19am
Quoting Fardeen1209
{quote} Challenging the teachers idea especially in college get you kicked out.
you couldn't have said it better
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