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Flying Dutchman

And the Master Plan (graphic) from, what, 80 years ago

Has anything really changed (what is old, is new again, on 10,000 FF threads).


The graphic below shows us the repeating cycles.

But the graphic won’t show us the price or intraday targets or intra-day levels where we might enter or exit a trade.

Each trader will form their own opinion as to where and what they are. And again at their own discretion.

.
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Quoting TimeTells
And the Master Plan (graphic) from, what, 80 years ago Has anything really changed (what is old, is new again, on 10,000 FF threads). The graphic below shows us the repeating cycles. But the graphic won’t show us the price or intraday targets or intra-day levels where we might enter or exit a trade. Each trader will form their own opinion as to where and what they are. And again at their own discretion. . {image}
Whether it’s mechanical old school charts Pete or processed by supercomputer, the fact remains that pattern from 80 years ago demonstrates the most efficient way for the market provider to turn a profit.
Quoting moodybot
{quote}
Whether it’s mechanical old school charts Pete or processed by supercomputer,
the fact remains that pattern from 80 years ago demonstrates the most efficient way for the market provider to turn a profit.

Boom Andy.

When I first heard about forex some 5 years ago I always thought how kind it was of them,
to make the Currency Markets now available for us Retail traders,
so that we can join in with all the profit-making that they were making.

Took me a few years lol to find out how kind they really were
And then it was down to some hard work to try and just see it. Getting there slowly hahaaa

All the best pal
Quoting TimeTells
And the Master Plan (graphic) from, what, 80 years ago Has anything really changed (what is old, is new again, on 10,000 FF threads). The graphic below shows us the repeating cycles. But the graphic won’t show us the price or intraday targets or intra-day levels where we might enter or exit a trade. Each trader will form their own opinion as to where and what they are. And again at their own discretion. . {image}
The graphic is only missing the "spring" or fake move from accumulation & distribution phases, it's an important part of the move.

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The Only Limit, is the One that you Set Yourself - Felix Baumgartner
How it looks on a chart :

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The Only Limit, is the One that you Set Yourself - Felix Baumgartner
Quoting bluesteele
BREAKING DOWN YOUR MIND: {image} hahaha ! Truth {image} A good short 7min video...... https://youtu.be/hr_EI7N2MFA?si=w159N6M9SPn6wRr3

Borrowed this from "Inthebox" thread. The speaker was a friend of Tom's.

Inserted Video
every Saint has a past. Every Sinner has a Future
Quoting turnip15
{quote} Borrowed this from "Inthebox" thread. The speaker was a friend of Tom's. https://www.youtube.com/watch?v=vGEW9piZ_4w
Good share, turnip

I enjoyed Dr David Paul's talks over the years. He and Tom Hougaard put Mark Douglas's theories into practice and have been trying to show the rest of us how to do it too.

RIP, Dr. Paul.
If you cannot explain it, it is discretionary, which means it is random.
Quoting Shabs19
{quote} The graphic is only missing the "spring" or fake move from accumulation & distribution phases, it's an important part of the move. {image}
A very important part that forms the bear trap on the failed breakout below the spring...

Conversely I believe I have heard the top spring actually called the "upthrust" the failed breakout higher thus forming a bull trap.

Neither here nor there the terminology I gather .. point is these are traps that have gotten us all.. ..
Thanks for pointing that out Shabs

Cheers Fellas
The Best Loser Wins
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Ya ya ya let me have my coffee its the weekend !
The Best Loser Wins
Quoting bluesteele
{quote} A very important part that forms the bear trap on the failed breakout below the spring... Conversely I believe I have heard the top spring actually called the "upthrust" the failed breakout higher thus forming a bull trap. Neither here nor there the terminology I gather .. point is these are traps that have gotten us all.. .. Thanks for pointing that out Shabs Cheers Fellas
I was just using wyckoff terminology, coined by him over 90 years ago, he called it a "spring" to signify the "fake" breakout, essentially a market trap, where profesionals are out to get a better fill by hunting stops, of those traders that took the first reversal.

All we have to be aware of as traders, is that it happens frequently and that we either have wider stops or wait for the trap to complete to avoid
getting stung.
The Only Limit, is the One that you Set Yourself - Felix Baumgartner
THe 50% level.. ya ya not a fib we all get that.. BUT the 50% level is 100% a very integral part of
Price Behaviour market mechanics etc etc... Attractor/target/Confluence it plays many roles all defined
by its surrounding context.

So a further followup on the GJ ...I saw the setup forming and was ready to take action if a setup occured
in the US session...Missed it.. London took it..

Further to that was where did that setup finish ? The 78.6% level of the Weekly swing....and where did price
finish.....at the 50% level.... gotta love the behaviour of price.....

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The Best Loser Wins
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The Only Limit, is the One that you Set Yourself - Felix Baumgartner
WHAT
You just have to laugh
Math's Trading
You could not make it up
ps
Feel a visit to the Race Track is coming next
Quoting OAPDave
WHAT You just have to laugh Math's Trading You could not make it up ps Feel a visit to the Race Track is coming next
Observing maths
and being "aware" of maths
then just
trading the maths
is often
two different kettles of fish
Quoting Shabs19
{quote}
The graphic is only missing the "spring" or fake move from accumulation & distribution phases,
it's an important part of the move. {image}

YES !!!

The final "spring" from the downward drive is where all the drawdown buyers get a final kick in the guts (and likely close the lot in desperation)
and ALSO where
all the 'new' breakout sellers come in and get flipped over in the fake move
and then a whole new set of drawdown traders are in the big mix again (if they don't close out quick)

What a game we play

OBSERVATION ...
is a large key imo to any hard set method system of trading we might engage
Quoting bluesteele
{image} Ya ya ya let me have my coffee its the weekend !
THat chap looks like he ate too much bird food
every Saint has a past. Every Sinner has a Future
Quoting turnip15
{quote} THat chap looks like he ate too much bird food
Thats for sure !

The critters here like this little nook in the tree out my front door...
Squirrels Steller Jays and a bunch others... couple pics from the other morning...

Squirrel looks like he just caught red handed with his sticky paws in the peanut jar lol....

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And of course these guys cant refuse peanuts either......

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The Best Loser Wins
Quoting bluesteele
{quote} Thats for sure ! The critters here like this little nook in the tree out my front door... Squirrels Steller Jays and a bunch others... couple pics from the other morning... Squirrel looks like he just caught red handed with his sticky paws in the peanut jar lol.... {image} And of course these guys cant refuse peanuts either...... {image}
The UK Jay - lovely creature
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every Saint has a past. Every Sinner has a Future
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Quoting moodybot
{quote} Whether it’s mechanical old school charts Pete or processed by supercomputer, the fact remains that pattern from 80 years ago demonstrates the most efficient way for the market provider to turn a profit.
Why fix it, if it's not Broke ?
The Only Limit, is the One that you Set Yourself - Felix Baumgartner
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