Flying Dutchman

That's Ok. Horses for Courses.

Do you like to trade Crude Oil ?

No
But what time frame do you want to see ?
4day 15min
Daily 256

None really, Only asking as you said you don't like the DAX.

I trade Market Structure so I would draw in my levels Manually each day, they hold for the 1 - 2 days mostly if price stays in the vicinity.

I trade currencies normally, but I started looking at DAX & Oil as some other dudes here trade them.

Interesting to note they behave in exactly the same way.

Daily 1min

So, how would you trade that chart ?

I am assuming you trade only currency pairs ?

What are the take-aways, to know if the price is going to go up or down at the market opens say @ 4/8 ths ?

In brief
I look at certain levels
Fav being
so called overbought Oversold
I mostly trade 60 min timeframe
I get my trend when i see the Dynamic Grid reset
ie as it moved up or down
other levels can be used to add to trades or to place stop losses
ps you can compare 2 grids eg A
32day & 4 etc give you clues if 4day Ob or OS going to break

Just so I understand, the dynamic grid reset happens at the start of the next trading ie. midnight ?

Concept of Oversold / overbought compared to previous day or current day ?

No
Not quite
Take a day
As soon as it breaks out from either OB or OS it will reset
But if it stays within it will reset after 24 hrs

N0- 3;45 I had a break of the @Kevin@ Level. I wasn't there

Always another day......................

Dont worry too much about the ones you missed, the next bus comes along shortly.

Video bored the pants off me.

It may be better if you give your own account of how it works for you. This is a discusssion forum, so please discuss.

Put up some charts with some explanations of how you applied MML to your own trading with some actual examples.

Don't really see any of that information on any charts you have posted so far.

I am very sorry the video bored you
I must apologize
Do you think the best thing for me to do is
Delete it ?

Crikey dave, don’t step out on that ledge ready to jump, again, please
What purpose does posting something and then deleting it later even mean.
Who is to say the very next 100 people who read a thread and look at all the posts that 50% might find some interest and 50% won’t.
When we delete a post who are we deleting it for, the ones who found some interest in it, or the ones who didn’t. Or just ourselves.

Imho let the readers who come along read whatever it is any of us have to say or post and whether they go 'well okay' or just laugh at us who really cares.
All this type of “I agree with you, but disagree with you” type of stuff you see in Forex is in my opinion like arguments over politics lol.

The fact of the matter is there is NO ONE way to trade the markets or one way that is best. IMO.

It is quite obvious to me that a lot of forex trading "thoughts" divides into those traders who might utilise (successfully or not, doesn’t matter) the INANIMATE usage of maths to identify areas on a chart, or those that might utilise DYNAMIC areas of activity or market behaviour on a chart.

Myself I also get a wee bit turned off listening to maths or watching inanimate areas on a chart while these areas CAN become DYNAMIC later by subsequent trader behaviour around those areas. Doesn't make me right or wrong, just an opinion.

Others probably get bored looking at my own charts where I (ONLY) identify areas that I understand from long term usage which MAY just “coax in” other traders around those areas creating the desired liquidity that the ‘larger’ market is seemingly looking for (and where price then moves away rather than range statically).

When ‘something’ happens around a line or area, regardless of whether it is a maths-only line or a dynamic area/line (where “Prior” activity occurred ie an increase in liquidity HAD occurred which the larger market desires) and therefore maybe why not there again.
Market ‘profilers’ use their own indis to highlight such areas as well.

So Maths or Dynamics does not really matter too much to me it is just a personal preference (imho).

What matters (to me lol) is what happens ‘next’ THERE at those areas/lines, whether static or dynamic.

If an increase in liquidity / market interest does occur at an area or line then TWO things must then happen for someone to go into profit or go into loss.
And that happens ONLY when someone ELSE takes the OPPOSITE direction trade at the ‘exact’ same time YOU do.

You will know this HAS happened IF your trade is executed as you push the buy or sell.

If your trade executes then ‘someone’ else has taken the exact opposite trade to you, at the exact same time, and for the exact same amount (else your trade does not execute).

That information is the most important factor imho as from “now on” after your trade is executed YOU as the trader have NO FURTHER influence on where price will go. Someone else (maybe many) who trade AFTER YOU will in fact determine your trade going into profit or DD. How long you then hold your trade is based on many factors but mostly based I guess on YOU and how you perceive the market is currently unfolding.

I suggest maybe Dynamic activity traders such as Structure Traders look for the unfolding of market movement where Maths Traders might initially utilise the ‘maths line’ or area to determine whether they enter a trade or not.

No one way is the only way to trade. Each to their own imo.

So there is no need to delete anything we post initially in good faith I reckon, as ultimately one style of trader or maybe another might get something from a chart (especially if it is annotated).

So we trade on in good mood & spirit.
AND.
As Shabs said yesterday mainly POST to pass our time between trades.

No chart posting from me this morning. I am still laughing & spluttering in my brekky over the interesting New York activity on GJ yesterday, station line to station, range & breakout, business as usual hahaaa.

Trade well folks, trade safe.

Interesting.

I really don't understand why it's so hard to accept this simple fact !!!!!!!

Keep the video on the thread Dave.

By order of the peaky blinders!

I well imagine that at this level Bluesteel
and his excellent method could be having a Birthday atm

ps
Keep
Daily
Weekly
ADR in mind ?

Why did you not reply to the rest of my post, where I simply asked how you would trade MML ?

I think I may not be the only one that does not like to watch long videos, especially by brokers that do not get to the point quickly for my liking.

ICT videos are a classic example, I have to get interested in what the presenter has to get to the point in the first 15 minutes, otherwise I am turned off.

Usually these guys are interested in holding your attention to sell a course at the end of the video.

As TT & others have asked you politely, to annotate your charts, so that we can make "head or tails" of what you are trying to communicate.

TT: "So there is no need to delete anything we post initially in good faith I reckon, as ultimately one style of trader or maybe another might get something from a chart (especially if it is annotated)."

As I see it, you trade Reversals at Market Tops & Bottoms. Is that Correct ?

Using MML lines at whatever settings you have found works best ?

If you wish to delete posts, it is your prerogative, but as TT has said, there may be others that would gain an insight into another way at looking at the markets.

So annotation is key, this would help not only experienced but also newbie traders.

There is No Right or Wrong way to trade, but some nuances can be incorporated, and You never stop Learning....( Fxpider)....