Volman meets Burke or My journey with PA | Page 141 | Forex Factory

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Volman meets Burke or My journey with PA

  • #2,801
  • Jun 8, 2023 10:19am Jun 8, 2023 10:19am
Humpback whale

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Mark ... Everything you have been told is a LIE
  • #2,802
  • Jun 8, 2023 10:29am Jun 8, 2023 10:29am
Applied for SSA today. Guess that will put me into "hobby" trader status now.
Mark ... Everything you have been told is a LIE
  • #2,803
  • Jun 8, 2023 10:31am Jun 8, 2023 10:31am
Been working on some things for currencies and am in the final tweak stages for equities.

Will see how all of that goes.
Mark ... Everything you have been told is a LIE
  • #2,804
  • Jun 8, 2023 10:37am Jun 8, 2023 10:37am
Quoting spzd
Been working on some things for currencies and am in the final tweak stages for equities. Will see how all of that goes.
I can smell, something BIG is cooking.
Success = Practice + Patience + Persistence
  • #2,805
  • Jun 8, 2023 11:12am Jun 8, 2023 11:12am
Quoting fxpider
{quote} I can smell, something BIG is cooking.
Don't know if it's something big. Just clarity in what I look at. And some cleaner charts.
Mark ... Everything you have been told is a LIE
  • #2,806
  • Jun 8, 2023 11:26am Jun 8, 2023 11:26am
The true genius of this bit is that it’s 100% jargon, and based on the fact that jargon appeals to idiots. To understand this monologue is to understand that it’s all… nothing. It’s a brutal takedown of feckless language, those who use it, and those who are swayed by it, and those who don’t understand what this monologue actually is.

Inserted Video
Mark ... Everything you have been told is a LIE
  • #2,807
  • Jun 8, 2023 12:15pm Jun 8, 2023 12:15pm
Quoting spzd
The true genius of this bit is that it’s 100% jargon, and based on the fact that jargon appeals to idiots. To understand this monologue is to understand that it’s all… nothing. It’s a brutal takedown of feckless language, those who use it, and those who are swayed by it, and those who don’t understand what this monologue actually is. https://www.youtube.com/watch?v=ZUWH...ditsofaSpecter
Brilliant & Funny.

I am sure many celebrities & politicians could use parts of the monologue.

"Brexit is Oven Ready " - Boris Johnson
It never gets easier, you just get better
  • #2,808
  • Jun 8, 2023 3:03pm Jun 8, 2023 3:03pm
George Carlin is a legend. Him, Richard Pryor, Bill Hicks... They don't make comics like they used to. There are still some great ones, but on average modern comics don't even come close.
Virtue signaling is for those who are devoid of actual virtue
  • #2,809
  • Jun 8, 2023 3:15pm Jun 8, 2023 3:15pm
Quoting Butters
George Carlin is a legend. Him, Richard Pryor, Bill Hicks... They don't make comics like they used to. There are still some great ones, but on average modern comics don't even come close.
99% of current comics are NOT funny.
Mark ... Everything you have been told is a LIE
  • #2,810
  • Jun 8, 2023 4:35pm Jun 8, 2023 4:35pm
In a recent video SB said to use the 1 h TF until you were ready to go to the 5 m..

Any thoughts ?
  • #2,811
  • Jun 8, 2023 6:39pm Jun 8, 2023 6:39pm
Quoting Lou
In a recent video SB said to use the 1 h TF until you were ready to go to the 5 m.. Any thoughts ?
I have not watched that video. Which one is it?

Makes sense. If you are struggling to read structure the H1 should make things clearer. When you see a potential at that point you could drop down for entry or just take it off the H1. The latter may need a larger stop.
Mark ... Everything you have been told is a LIE
  • #2,812
  • Jun 8, 2023 8:23pm Jun 8, 2023 8:23pm
Quoting spzd
{quote} I have not watched that video. Which one is it? Makes sense. If you are struggling to read structure the H1 should make things clearer. When you see a potential at that point you could drop down for entry or just take it off the H1. The latter may need a larger stop.
The Power of the Opening Range at 7: 38 . The video is only 8:32 long

  • #2,813
  • Jun 8, 2023 8:28pm Jun 8, 2023 8:28pm
Quoting Lou
{quote} The Power of the Opening Range at 7: 38 . The video is only 8:32 long
here is the video
Inserted Video
without patience how can you be a trader?
  • #2,814
  • Jun 8, 2023 8:37pm Jun 8, 2023 8:37pm
Thanks guys!
Mark ... Everything you have been told is a LIE
  • #2,815
  • Jun 8, 2023 8:57pm Jun 8, 2023 8:57pm
Quoting Lou
In a recent video SB said to use the 1 h TF until you were ready to go to the 5 m.. Any thoughts ?
What he said was to use the H1 to see the hourly rotations. It also makes it clearer to see the volatility of moves.

You can clearly see that with this H1 of the EU:

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Mark ... Everything you have been told is a LIE
  • #2,816
  • Jun 8, 2023 9:02pm Jun 8, 2023 9:02pm
Quoting spzd
{quote} What he said was to use the H1 to see the hourly rotations. It also makes it clearer to see the volatility of moves. You can clearly see that with this H1 of the EU: {image}
I think this also shows what he was saying about day trading opportunities vs parabolic opportunities. Monday, Tuesday, and Wednesday were PnD/DnP days. Thursday became more of parabolic day - but only if you were trading from London.

With most currencies lately those big 75, 100, or more pip moves are rare. There are, however, many places to make 25 to 50 pips.

Use of the H1 will take a lot of the "noise" out.
Mark ... Everything you have been told is a LIE
  • #2,817
  • Jun 8, 2023 9:03pm Jun 8, 2023 9:03pm
Quoting spzd
{quote} What he said was to use the H1 to see the hourly rotations. It also makes it clearer to see the volatility of moves. You can clearly see that with this H1 of the EU: {image}
thank you for the chart that makes it easier to understand.
without patience how can you be a trader?
  • #2,818
  • Jun 8, 2023 9:03pm Jun 8, 2023 9:03pm
Quoting spzd
{quote} I think this also shows what he was saying about day trading opportunities vs parabolic opportunities. Monday, Tuesday, and Wednesday were PnD/DnP days. Thursday became more of parabolic day - but only if you were trading from London. With most currencies lately those big 75, 100, or more pip moves are rare. There are, however, many places to make 25 to 50 pips. Use of the H1 will take a lot of the "noise" out.

Another thing for those who follow SB is this page on his channel:

(104) Stacey Burke Trading - YouTube
Mark ... Everything you have been told is a LIE
  • #2,819
  • Jun 8, 2023 9:07pm Jun 8, 2023 9:07pm
Quoting spzd
{quote} What he said was to use the H1 to see the hourly rotations. It also makes it clearer to see the volatility of moves. You can clearly see that with this H1 of the EU: {image}
I use squigglies because, if you look at that chart, many spots are "I have no clue which way this will go". In the process of making it easier to see, which means taking some squigglies off.
Mark ... Everything you have been told is a LIE
  • #2,820
  • Jun 8, 2023 9:09pm Jun 8, 2023 9:09pm
Quoting Steverino832
{quote} thank you for the chart that makes it easier to understand.
You're welcome.

Need to step out of the trenches to see the forest. Otherwise it's just a bunch of trees.
Mark ... Everything you have been told is a LIE
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