{quote} How much do you weigh you bad man
Success = Practice + Patience + Persistence
- #10,261
- Mar 20, 2024 7:02am Mar 20, 2024 7:02am
- Joined Nov 2012 | Status: Naked Chart Samurai | 3,474 Posts
- #10,262
- Mar 20, 2024 8:15am Mar 20, 2024 8:15am
- Joined Aug 2006 | Status: Trader | 5,317 Posts
Warning - Hindsight chart coming up. Not trading today - hospital appointments coming up. Last two verticals in lower box are losing macd crosses. I should have noticed consolidation forming by looking left and WAITINGI would have suffered only one loss (long) - target 8225 the last high. Enjoy your day folks {image}
It never gets easier, you just get better
- #10,263
- Mar 20, 2024 4:05pm Mar 20, 2024 4:05pm
- Joined Dec 2018 | Status: Trader | 4,598 Posts
{quote}
{image} BOJ opened the floodgates and panic set in, London Open swept up all the Sell Orders , the "grinding" (Profit taking by Tokyo traders).
Hi Shabs,
Oh yeah, they're having a ball on the back of the BoJ
If I remember it the specific GBPJPY grinder, according to george's interpretation, was the double banger ADR where New York completed it the same as London.
The squeeze is still on I see this morning
- #10,264
- Mar 20, 2024 4:08pm Mar 20, 2024 4:08pm
- Joined Dec 2018 | Status: Trader | 4,598 Posts
{quote}
Been saying that for ages but you can bet some one will turn up to say otherwise.
Hi t,
hahaaa yep
That's Forex Factory all right
Anyways, what this morning's review chart showed me on the GJ evening's final mischief
(ie just more of the same
).
{quote} do we know each other?PS how difficult is to fake grammar errors?
protein for breakfast !
GBPJPY
yes huge mystery. 4 knowledge sake fxspot is the closet of the storehouse of fin markets. in many circles it seen as funny games room. !& wed was bank holiday yes! ofc untradable if use dead knowledge
protein for breakfast !
- #10,273
- Mar 20, 2024 6:03pm Mar 20, 2024 6:03pm
- Joined Dec 2018 | Status: Trader | 4,598 Posts
{quote}
fine fine but.... money trades etc u cant !see! on fx spot chart unless u best know wot them things look like as they come on chart.
this mean ur desire 2 use these to look at levels is empty info. say again, dead knowledge. ergo u dont know why a level is a level. so u guess.
Hi Oochi,
It may be your comprehension I cannot be sure.
Let me try again.
For Oochi and others, just my tuppence worth
FORGET the levels
Many folks will think levels are magic movers of price Untrue (in my experience) Money, trades, liquidity INFLUX moves price
We are maybe best to focus on what the market DOES (retail AND larger) in & around them (levels)
All the best
After a period, certainly with the same pair I found, it is what the market then does around any level (ie trader attractor).
As it is the principle I utilise in that "other traders" may well use some of these levels.
That is key.
And should other traders use those same levels & engage with their own trades (regardless of buy or sell) that will create new market liquidity.
With "new market liquidity" so the larger market then engages either following the same direction or countering.
By watching how the market responds to new liquidity (and using your patience to wait) a trader can "see" the market moving.
After that of course it is a guess. Traders will choose to call this event probability and use money magament should their probabilty guess be against the new flow.
Its not rocket science, really.
I should add for myself I will only trade intraday so larger fundamental moves do not factor in with me in the "moment" of the trade.
I can happily trade against a current fundamental direction as I actually only trade intra-session.
"Between" my current levels of interest.
I would not use the start of any level (to enter) or the completion of any next level (to close). I do all this trading in-between any levels.
And.
They are NOT special levels lol, just what I choose to use.
You can also do the same with Bollinger Bands and Channels I see that you posted.
No one has to use levels, I only show what I do. Many ways to skin a cat.
Oochi, are you trying to help (I wonder). Mental programming hahaaa
Or maybe you are happy just to highlight variances to your own ways and discussing your ways with other traders who happily trade in their own established ways.
Please show your established ways with the BB & channels you have shown on more of your own charts.
I can usually see in about five mins if someone else's ways can then assist or improve my own learnings of short-term trading ways.
All the best.
{quote} Hi Oochi, It may be your comprehension I cannot be sure. Let me try again. {quote} After a period, certainly with the same pair I found, it is what the market then does around any level (ie trader attractor). As it is the principle I utilise in that "other traders" may well use some of these levels. That is key. And should other traders use those same levels & engage with their own trades (regardless of buy or sell) that will create new market liquidity. With "new market liquidity" so the larger market then engages either following the same...
look again at my chart
start of yesterday . money leaving money coming. no guessing. source. how? research. what is a fx spot market? why it exist? why it different 2 other types? who access it? & why. basic things. teres tonnes of persons in world who know what fxspot is & kno it a joke.
4 me wen world moves in different direction chart does too. lots persons guess all is same coz they think it all look same. it not bout !who better trader! it bout who will be here tomorrow & next day. persons who trade teir hole life know this is key.
my suggestion is go trade other market types and have real experiences to have ur view change.
protein for breakfast !
hre another one i like 2 trade
i dont use indis coz it colorful
i dont use indis to brag
persons & teir systems of living move markets not vv
persons who WANT to lose money use vv view then ask why life is so bad to them.
i remmber bak in 90s wen a guy cold called me 2 sel me on eurdollar wen it first floated the market. he tried bells n whistles to get me excitd & get my $$$. i say 2 you now wot i say to him. !u talkin 2 wrong guy 4 that! TA is the last card u draw 2 establish reason 4 action not first. chart alone have no implications to world. only wot bill of goods persons been sold wit fancy lights n color. i trade wot absorbs. try buy $$$ of country that dont now exist. try spend bitcoin by explainin !technicals! of blockchain. persons dumb 2 not see used 4 guinea pigs lab tests 4 later. but have BIIIG coccky attitude. not cool.
ever tried hoppin in car at 60miles p hr? gbpjpy kinda close thing. $$$ cant run as fast as persons.
i dont use indis coz it colorful
i dont use indis to brag
persons & teir systems of living move markets not vv
persons who WANT to lose money use vv view then ask why life is so bad to them.
i remmber bak in 90s wen a guy cold called me 2 sel me on eurdollar wen it first floated the market. he tried bells n whistles to get me excitd & get my $$$. i say 2 you now wot i say to him. !u talkin 2 wrong guy 4 that! TA is the last card u draw 2 establish reason 4 action not first. chart alone have no implications to world. only wot bill of goods persons been sold wit fancy lights n color. i trade wot absorbs. try buy $$$ of country that dont now exist. try spend bitcoin by explainin !technicals! of blockchain. persons dumb 2 not see used 4 guinea pigs lab tests 4 later. but have BIIIG coccky attitude. not cool.
ever tried hoppin in car at 60miles p hr? gbpjpy kinda close thing. $$$ cant run as fast as persons.
protein for breakfast !
{quote} Hi Oochie you quote "look again at my chart" So I was hoping to see something that could enhance my trading ! Maybe please look again at my own chart below Please explain where is the difference in your chart to mine on the post below and how I will be enhanced by your chart I am very open to new experience https://www.forexfactory.com/thread/...6#post14802346 Tradewise I have set up my a/c and my trade size where +15p is my day Target (p = net profit, not pips) I will miss many pips while “not” trading the full runs....
u talk much. if u not comprehend wot absorption is in real terms then u just guessing. eg ,,, can u withstand temp 400points move counter 2 ur position & still make book while it happens? i dont need 2 know ur inner thoughts and workings. 2 add u really shoudnt b tellin persons tat things. most persons i see on here suffer emotional vanity. eithr u trade or u dont. simple. look close at days operation. sessions dont exist. chart not answergiver chart interpreter. u need forget all things from mid 90s onward and get real. i say again i suggest u go trade other market types to find out why ur so alike to others who know squat. its ur $$$ so protect it.
protein for breakfast !
- #10,278
- Mar 20, 2024 8:33pm Mar 20, 2024 8:33pm
- Joined Dec 2018 | Status: Trader | 4,598 Posts
{quote} i say again i suggest u go trade other market types to find out why ur so alike to others who know squat. its ur $$$ so protect it.
I have no idea at all what you are suggesting to me Oochie.
Are you saying after 2˝yrs I must abandon GBPJPY (well I do trade GU as well after London at times hahaa)
Why do you want me to stop what I am doing and go trade other markets. I honestly do not understand your rationale for saying this.
For what purpose.
and this quote from above also """"if u not comprehend wot absorption is in real terms then u just guessing"
Please show me a recent trade of yours (again I am not judgemental) where you can show me your own comprehension of absorption in real terms.
Even on my chart maybe please islolate that area of "absorption in real terms" so that I may study and see how it looks like as the "market is moving"
I must admit, I sense something differentish about you Oochie. Maybe help the thread here with your knowledge instead of belittling
ie I mean showing here your knowledge in real terms of actual trading
else maybe you are just the pot calling the kettle black as in your other quote from above
.... """ most persons i see on here suffer emotional vanity """
