***Non-endorsement alert.***
Some good points in the attached video. Learn, use, but follow?
Some good points in the attached video. Learn, use, but follow?
Inserted Video
4
- #8,523
- Jul 16, 2023 11:59pm Jul 16, 2023 11:59pm
- Joined Aug 2007 | Status: Trader | 3,202 Posts
TIME BASED LEVELS
And here's the BTMM study notes that I referenced in my last post ...published by Anonymous,,,
Time based Levels..what can we glean from them
Cheers
Blue
And here's the BTMM study notes that I referenced in my last post ...published by Anonymous,,,
Time based Levels..what can we glean from them
Cheers
Blue
Master your Mind,,,Master the Market
- #8,524
- Jul 17, 2023 3:35am Jul 17, 2023 3:35am
LEVELS - TIMINGS - BEHAVIOUR OF PRICE The Market Maker Method Google it///search it here on the forum...I am sure T721 has uploaded it. "The Market Maker Method study notes" as well I think the study notes is 80 odd pages....absolute top notch IMO.... eye opening. as for currencies always loved the GJ..Its ate my underwear more than once many moons ago... 2005-2008 ish GeorgeAUS loves it.... TimeTells tooso heres the GJ just zoomed out on 1HR nothing cherry picked just typical market mechanics behaviour... as per Dr Stacey Burke
- #8,525
- Jul 17, 2023 3:57am Jul 17, 2023 3:57am
- Joined Aug 2006 | Status: Trader | 5,317 Posts
It never gets easier, you just get better
- #8,526
- Jul 17, 2023 5:28am Jul 17, 2023 5:28am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
every Saint has a past. Every Sinner has a Future
- #8,527
- Jul 17, 2023 8:24am Jul 17, 2023 8:24am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
every Saint has a past. Every Sinner has a Future
- #8,528
- Jul 17, 2023 8:38am Jul 17, 2023 8:38am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
every Saint has a past. Every Sinner has a Future
- #8,529
- Edited 9:47am Jul 17, 2023 9:16am | Edited 9:47am
- Joined Aug 2006 | Status: Trader | 5,317 Posts
It never gets easier, you just get better
- #8,530
- Jul 17, 2023 11:34am Jul 17, 2023 11:34am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
every Saint has a past. Every Sinner has a Future
- #8,531
- Jul 17, 2023 1:34pm Jul 17, 2023 1:34pm
- Joined Aug 2007 | Status: Trader | 3,202 Posts
Master your Mind,,,Master the Market
- #8,532
- Jul 17, 2023 6:28pm Jul 17, 2023 6:28pm
- Joined Dec 2018 | Status: Trader | 4,596 Posts
What we can do, with what 'they" will do .... on a (Banker's) Holiday 
(looked pretty much "business as usual"
)
All the best, trade well & trade safe
.
(looked pretty much "business as usual"
)All the best, trade well & trade safe
.
- #8,533
- Jul 18, 2023 11:00pm Jul 18, 2023 11:00pm
- Joined Aug 2007 | Status: Trader | 3,202 Posts
LEVELS - TIMINGS - BEHAVIOUR OF PRICE
So much going on in this chart in respect to the above....I could speak for hours about it
But just a couple highlights of my thoughts on this chart...of what I see.... I have said in the past....
PAY ATTENTION TO THE OPEN....its a daily defined level at a defined time.... Theres a myriad of reasons why its so important.
But heres my #1 reason why I pay attention to the open AND behaviour of price around it.
It "CAN" clue me in to BIAS...Whos in the market and where are they going,,,Is it always this clear NO not at all,,,
but many times it is,,and can help with "My" context of the market players objectives..short term...
I never ever ever trade off a level for the sake of ohh price is at this line or that line or this area or that area.... There has to be multiple
confluences of factors/trade criteria...
OK to the chart....Friday made a strong drive all the way from Asia thru NY and made a nice typical PFH 25 pips above 182.00
Monday comes along and ADR for Mondays is approx 135 pips... what have I highlighted ? price has moved 156 pips...(yes it could keep going)
BUT we have just added more confluence TO the rejection of previous NY sesh's opening price..
Hopefully this makes sense,,I dont want to write too much info and lose whomever might be interested LOL,,,
Fridays NY open price cant close and hold above it market moves down...Retest Monday of Firdays NY Open...cant hold above it and moves down
Tuesday pegs Mondays NY open and cant hold above it...same repeating pattern... Tuesdays typical ADR is slightly passed..etc etc
These are some of the things in my pumpkin head that I watch and pay attention to...Opens are very very important IMO and the behaviour of
price around them.
Again so much going on in a chart and many ways to view it and trade it,,,,Im only offering some insight of what I see what I look at,,,ive been doing this
for a very long time and alot I do /or see without thinking too much about it...
ADRs for ex...I dont plot them on the chart or use an indi... I use a piece of paper...handwritten lol...with the pairs I trade...and I have the days of the
week and ADR for those days...My handwritten spreadsheet high tech shit haha... Its one of my cheat sheets hanging off my monitor,
Again Opens dont always hold the line so to speak in the context I am showing,,,but again quite often they do,,,, THen we have the 50% level which I have
eluded too.... A time based Level much like the open...and then the H/L of a time based range..... which give me time based fibs etc....
You know good old TIME.. Price's Axis partner ! Takes 2 to Tango
Enough jibber jabber...Heres a GJ chart make of it what you will.
All the best
Blue
oh yes and Mataf's chart as well....Average pip range per hour ...timings
So much going on in this chart in respect to the above....I could speak for hours about it
But just a couple highlights of my thoughts on this chart...of what I see.... I have said in the past....
PAY ATTENTION TO THE OPEN....its a daily defined level at a defined time.... Theres a myriad of reasons why its so important.
But heres my #1 reason why I pay attention to the open AND behaviour of price around it.
It "CAN" clue me in to BIAS...Whos in the market and where are they going,,,Is it always this clear NO not at all,,,
but many times it is,,and can help with "My" context of the market players objectives..short term...
I never ever ever trade off a level for the sake of ohh price is at this line or that line or this area or that area.... There has to be multiple
confluences of factors/trade criteria...
OK to the chart....Friday made a strong drive all the way from Asia thru NY and made a nice typical PFH 25 pips above 182.00
Monday comes along and ADR for Mondays is approx 135 pips... what have I highlighted ? price has moved 156 pips...(yes it could keep going)
BUT we have just added more confluence TO the rejection of previous NY sesh's opening price..
Hopefully this makes sense,,I dont want to write too much info and lose whomever might be interested LOL,,,
Fridays NY open price cant close and hold above it market moves down...Retest Monday of Firdays NY Open...cant hold above it and moves down
Tuesday pegs Mondays NY open and cant hold above it...same repeating pattern... Tuesdays typical ADR is slightly passed..etc etc
These are some of the things in my pumpkin head
that I watch and pay attention to...Opens are very very important IMO and the behaviour of price around them.
Again so much going on in a chart and many ways to view it and trade it,,,,Im only offering some insight of what I see what I look at,,,ive been doing this
for a very long time and alot I do /or see without thinking too much about it...
ADRs for ex...I dont plot them on the chart or use an indi... I use a piece of paper...handwritten lol...with the pairs I trade...and I have the days of the
week and ADR for those days...My handwritten spreadsheet high tech shit haha... Its one of my cheat sheets hanging off my monitor,
Again Opens dont always hold the line so to speak in the context I am showing,,,but again quite often they do,,,, THen we have the 50% level which I have
eluded too.... A time based Level much like the open...and then the H/L of a time based range..... which give me time based fibs etc....
You know good old TIME.. Price's Axis partner ! Takes 2 to Tango
Enough jibber jabber...Heres a GJ chart make of it what you will.
All the best
Blue
oh yes and Mataf's chart as well....Average pip range per hour ...timings
Master your Mind,,,Master the Market
- #8,534
- Jul 18, 2023 11:17pm Jul 18, 2023 11:17pm
LEVELS - TIMINGS - BEHAVIOUR OF PRICE So much going on in this chart in respect to the above....I could speak for hours about it
- #8,535
- Jul 18, 2023 11:57pm Jul 18, 2023 11:57pm
- Joined Aug 2007 | Status: Trader | 3,202 Posts
{quote} Great info Bluesteele. The more the confluences around RNs, Open Lines and at certain times the better it gets. I also keep an eye on the ADR and the PDHs and PDLs. It helps in my reversal trades.
“What is most important isn’t knowing the future —
it is knowing how to react appropriately to the information available at each point in time.”
Ray Dalio
What is in abundance here at FF... PREDICTIONS...see it all over... a true sign of an inexperienced trader.... I could care less what market
is going where,,,,for me it's a Daily IF THEN equation...although I would like to see the Mexican Peso lose some of its shine...Exchange rate sucks LOL.
Anyways....point of the the post which you stated..is adding context confluencing factors to help the process.
Cheers
Blue
That quote applies perfectly to our friend TimeTells
to the tee !
Master your Mind,,,Master the Market
- #8,536
- Jul 19, 2023 4:22am Jul 19, 2023 4:22am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
{quote} Stacey Burke quoted Ray Dalio today and it fits perfect into this arena... “What is most important isn’t knowing the future — it is knowing how to react appropriately to the information available at each point in time.” Ray Dalio What is in abundance here at FF... PREDICTIONS...see it all over... a true sign of an inexperienced trader.... I could care less what market is going where,,,,for me it's a Daily IF THEN equation...although I would like to see the Mexican Peso lose some of its shine...Exchange rate sucks LOL. Anyways....point...
every Saint has a past. Every Sinner has a Future
- #8,537
- Jul 19, 2023 4:43am Jul 19, 2023 4:43am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
15 minute levels, previous highs etc. drawn pre open. Box and 50% Fibo and 8am UK open drawn at uk 8am open.
Nice long trade. Levels rule ok
and Roadmap.
Levels, times, brn's etc. plus discipline
Nice long trade. Levels rule ok
and Roadmap.
Levels, times, brn's etc. plus discipline
every Saint has a past. Every Sinner has a Future
- #8,539
- Jul 19, 2023 5:41am Jul 19, 2023 5:41am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
every Saint has a past. Every Sinner has a Future
- #8,540
- Jul 19, 2023 5:53am Jul 19, 2023 5:53am
- Joined Sep 2006 | Status: Trader | 10,704 Posts
Hi All, These setups just repeat each day. PFH high set, RN tested and rejected. Price dropped to the Franky open which was my target. I look for reversals most of the time. 5 pips to 20 pips are there most times as long as Opens, Pivots, etc are not too close. Trade Well All {image}
Great stuff W
every Saint has a past. Every Sinner has a Future