Volman meets Burke or My journey with PA | Page 142 | Forex Factory

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Volman meets Burke or My journey with PA

  • #2,821
  • Jun 8, 2023 9:11pm Jun 8, 2023 9:11pm
Another pair GJ H1:

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Mark ... Everything you have been told is a LIE
  • #2,822
  • Jun 8, 2023 9:16pm Jun 8, 2023 9:16pm
This is from a recent post on his community page:


If you don't have OTF (other time frame) traders trapped, or triggered on failed breakouts it's a day trader's market.

Ie. Highs or Lows of weeks. Highs or Lows of days.

How much of a stop loss can retail handle if they are trading size?

Trapped volume if breakout traders aren't in the market typically means it's the day trader who is trapped and the smart money moving the market.

Think about that. Margin out day traders. That is the modus operandi. Shift the money from the many, to the few.

THINK

That said...Do you still think gold was a FRD yesterday?

Where are longs trapped?

Who is trapped? Day traders...

Yes...it was all smoke and mirrors.

Nothing actually really even changed since Friday, except day traders chasing movement.

Shorts loading up into retail chasing longs, then loading up longs into retail chasing shorts.
Mark ... Everything you have been told is a LIE
  • #2,823
  • Jun 9, 2023 7:19am Jun 9, 2023 7:19am
Hot air balloons
Cappadocia region, Turkey

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Mark ... Everything you have been told is a LIE
  • #2,824
  • Jun 10, 2023 8:10am Jun 10, 2023 8:10am
Porto Cathedral

Porto, Portugal

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Mark ... Everything you have been told is a LIE
  • #2,825
  • Jun 10, 2023 9:52am Jun 10, 2023 9:52am
Inserted Video
It never gets easier, you just get better
  • #2,826
  • Jun 10, 2023 10:10am Jun 10, 2023 10:10am
Quoting Shabs19
https://www.youtube.com/watch?v=E7PQbfnErEw
Saw the Aurora when I did Arctic training up in Alaska.

Great vid!
Mark ... Everything you have been told is a LIE
  • #2,827
  • Jun 10, 2023 10:12am Jun 10, 2023 10:12am
Quoting Shabs19
https://www.youtube.com/watch?v=E7PQbfnErEw
the world we live in is a Beautiful and wondrous place. it is sad that we are so bogged down with everyday life that we can't see it all around us.
without patience how can you be a trader?
  • #2,828
  • Jun 10, 2023 10:12am Jun 10, 2023 10:12am
Quoting spzd
{quote} Saw the Aurora when I did Arctic training up in Alaska. Great vid!
too cool bro!
without patience how can you be a trader?
  • #2,829
  • Jun 10, 2023 5:26pm Jun 10, 2023 5:26pm
Least Squares is Linear Regression.

From my AI bud:

Least squares is a mathematical technique used to fit a curve on top of a chart of data points. It is widely used in regression analysis and can be used as part of most statistical software programs. The method requires reducing the sum of the squares of the residual parts of the points from the curve or line. A least-squares solution minimizes the sum of the squares of the differences between the entries of the solution and the data. It helps predict results based on an existing set of data and clear anomalies in the data.


And a fun - for me - trip into some basics:

Front Matter (gatech.edu)
Mark ... Everything you have been told is a LIE
  • #2,830
  • Jun 10, 2023 5:41pm Jun 10, 2023 5:41pm
Quoting spzd
Least Squares is Linear Regression. From my AI bud: Least squares is a mathematical technique used to fit a curve on top of a chart of data points. It is widely used in regression analysis and can be used as part of most statistical software programs. The method requires reducing the sum of the squares of the residual parts of the points from the curve or line. A least-squares solution minimizes the sum of the squares of the differences between the entries of the solution and the data. It helps predict results based on an existing set of data and...
don't know what it is but it was very cool to look at
without patience how can you be a trader?
  • #2,831
  • Jun 10, 2023 5:45pm Jun 10, 2023 5:45pm
Quoting spzd
Least Squares is Linear Regression. From my AI bud: Least squares is a mathematical technique used to fit a curve on top of a chart of data points. It is widely used in regression analysis and can be used as part of most statistical software programs. The method requires reducing the sum of the squares of the residual parts of the points from the curve or line. A least-squares solution minimizes the sum of the squares of the differences between the entries of the solution and the data. It helps predict results based on an existing set of data and...
like a moving avg kind of?
without patience how can you be a trader?
  • #2,832
  • Jun 10, 2023 5:48pm Jun 10, 2023 5:48pm
The lsma is a moving average that uses least squares. This came from the woodies cci thing. The only value from that is the lsma.

Currently I have this set up for the equities. I still use the Hulls and Kijuns with a base of 30. Only for time frames higher than the current chart. Easy for the equities as I only use the M1 to trade.

I replaced the 30 period Hull with a 21 period lsma using the median price of each bar. That is (H+L)/2. Fairly simple. I then took a 2 period smooth moving average of the lsma. This acts as the "trigger". Trades are generally taken in the direction of the M5 Hull (150 period). The M1 Kijun (30 period) also plays an important role.

The other indis are still on the chart. They are minimized which clears things up.

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Mark ... Everything you have been told is a LIE
  • #2,833
  • Jun 10, 2023 5:51pm Jun 10, 2023 5:51pm
A view of that entire trading day 8:30 am to 2:00 pm.
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Mark ... Everything you have been told is a LIE
  • #2,834
  • Jun 10, 2023 5:53pm Jun 10, 2023 5:53pm
Quoting Steverino832
{quote} like a moving avg kind of?
That is what I use. Through one on your chart.
Mark ... Everything you have been told is a LIE
  • #2,835
  • Jun 10, 2023 6:11pm Jun 10, 2023 6:11pm
Quoting spzd
{quote} That is what I use. Through one on your chart.
I can see very cool and you coded all this that's wild, I can't write code tried to learn a long time ago. it
without patience how can you be a trader?
  • #2,836
  • Jun 10, 2023 6:13pm Jun 10, 2023 6:13pm
Quoting Steverino832
{quote} I can see very cool and you coded all this that's wild, I can't write code tried to learn a long time ago. it
No. I did not code any of this. All free indicators with one exception. That would be the trade manager.
Mark ... Everything you have been told is a LIE
  • #2,837
  • Jun 10, 2023 6:15pm Jun 10, 2023 6:15pm
Here's one for mt4 over at mql5:

Free download of the 'Lsma' indicator by 'Scriptor' for MetaTrader 4 in the MQL5 Code Base, 2016.03.25
Mark ... Everything you have been told is a LIE
  • #2,838
  • Jun 10, 2023 6:16pm Jun 10, 2023 6:16pm
The main components I am using now. Things are much simpler.

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Mark ... Everything you have been told is a LIE
  • #2,839
  • Jun 10, 2023 6:27pm Jun 10, 2023 6:27pm
I have had the LeMans 24 on since it started this am. Quite a race.
Mark ... Everything you have been told is a LIE
  • #2,840
  • Jun 10, 2023 6:38pm Jun 10, 2023 6:38pm
Not going to even pretend that these entries are always as clear in real time. Because half the time they are not. I go by what I consider the highest probability spots for an entry. Over these many months, via observation, I have a fairly good guess. Have not, nor will I for some time, actually do a number crunch to get the probabilities. I just trust real math and how I have observed price momentum behave at certain points.
Mark ... Everything you have been told is a LIE
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