The Market Is Tricky | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

market Theory 101 Supply and Demand,Market Cycles 7 replies

Few tricky questions 11 replies

Tricky Stochastic 8 replies

Market Size (S+P 500 compared to Forex Market?) 0 replies

Time in the Market, Beats Timing the Market? Does this work in FX?? 7 replies

Attachments: The Market Is Tricky
Exit Attachments

The Market Is Tricky

  • #41
  • Jul 1, 10:51pm (4 hr ago) Jul 1, 10:51pm (4 hr ago)
I'll try to set up a different computer where I run the app separately for each start time starting at 03:00 to 21:00. I'll try to make it user friendly for non tech savvy people. For now, I'm closing the 06:00 start time and set it to start at 09:00, one hour before 10:00 London. Here's the most recent update for the 09:00 start time.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot_000451.jpg Size: 53 KB
  • #42
  • Jul 1, 11:05pm (4 hr ago) Jul 1, 11:05pm (4 hr ago)
Quoting Th3W1z4rd
GBP showed up as strong again. That's two days in a row with strong GBP. {image} I was going to close the strong GBP basket started yesterday at 18:00 but I'll hold on to it for now. {image}
those results are wild
  • #43
  • Jul 1, 11:05pm (4 hr ago) Jul 1, 11:05pm (4 hr ago)
While waiting for the indicator to start analyzing at 09:00, as of now, since the first basket was tested at the first start time of 18:00, all currency readings have resulted in a profitable basket.

Strong GBP
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 11 KB
Weak CHF (other CHF pairs haven't made entries since the spread seems too wide)
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 6 KB
Weak AUD
Attached Image (click to enlarge)
Click to Enlarge Name: Panel_XUMDEX.png Size: 10 KB
Strong JPY
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 11 KB
Weak EUR
Attached Image (click to enlarge)
Click to Enlarge Name: Panel_N2PYSU.png Size: 9 KB
Weak CAD
Attached Image (click to enlarge)
Click to Enlarge Name: Panel_XDJ5PE.png Size: 8 KB
  • #44
  • Jul 1, 11:15pm (4 hr ago) Jul 1, 11:15pm (4 hr ago)
First update on the 09:00 start time. The JPY on the 09:00 start is the same as the 03:00 and 06:00 start.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot_000452.jpg Size: 11 KB
  • #45
  • Jul 1, 11:16pm (4 hr ago) Jul 1, 11:16pm (4 hr ago)
Quoting Rickblaise
{quote} those results are wild
If the market is able to F some traders then some traders should be able to F the market back. I don't know how else to say that. I would really like the big money try to unweave and untangele and decipher this one. I think they're going to have to allow some traders to F them back. At this time, I don't think they can get around this one. Too many moving parts, too many entanglements, too many variables that I don't think they can control enough percentage of, of the entire Forex market AUD CAD CHF EUR GBP JPY NZD USD, to keep F'ing some traders. I could be wrong. Let's see.
  • #46
  • Jul 1, 11:19pm (4 hr ago) Jul 1, 11:19pm (4 hr ago)
The JPY and AUD on the 09:00 start is the same as the 03:00 and 06:00 starts.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot_000453.jpg Size: 15 KB
  • #47
  • Jul 1, 11:22pm (4 hr ago) Jul 1, 11:22pm (4 hr ago)
Quoting Th3W1z4rd
{quote} If the market is able to F some traders then some traders should be able to F the market back. I don't know how else to say that. I would really like the big money try to unweave and untangele and decipher this one. I think they're going to have to allow some traders to F them back. At this time, I don't think they can get around this one. Too many moving parts, too many entanglements, too many variables that I don't think they can control enough percentage of, of the entire Forex market AUD CAD CHF EUR GBP JPY NZD USD, to keep F'ing some...
obviously everyone can’t loose
weight have to do our best to be on the good books no matter the circumstances
  • #48
  • Jul 1, 11:23pm (4 hr ago) Jul 1, 11:23pm (4 hr ago)
NZD on the 09:00 start is also the same as the 03:00 and 06:00 starts.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot_000454.jpg Size: 17 KB
  • #49
  • Jul 1, 11:26pm (4 hr ago) Jul 1, 11:26pm (4 hr ago)
The CHF is different. There was a CHF reading on the 03:00, there was no CHF reading on the 06:00, and there is a CHF reading on the 09:00.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot_000455.jpg Size: 18 KB
  • #50
  • Jul 1, 11:34pm (3 hr ago) Jul 1, 11:34pm (3 hr ago)
Quoting Rickblaise
{quote} obviously everyone can’t loose weight have to do our best to be on the good books no matter the circumstances
Good point, someone somewhere is winning and someone somewhere is losing. The question is, is the winning or losing consistent. Anything consistent is good, even losing consistently is good, since you can just flip the direction of the trades. The question is consistency and I really don't think they can fake people out on this one. I know v3.0 just created last night but there are just too many things I really don't think is possible for them to control long enough in order to fake out traders meaningfully. I would like to see them try. They will only motivate me to create v4.0.
  • #51
  • Jul 1, 11:35pm (3 hr ago) Jul 1, 11:35pm (3 hr ago)
GBP reading on the 09:00 is also the same as the 03:00 and 06:00 starts.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot_000457.jpg Size: 22 KB
  • #52
  • Jul 1, 11:40pm (3 hr ago) Jul 1, 11:40pm (3 hr ago)
CHF just flipped on the 09:00 start time. There was no CHF reading for the 06:00. There was a 03:00 CHF reading and this is the weak CHF basket I have open from that time.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot_000458.jpg Size: 24 KB
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.webp Size: 8 KB
  • #53
  • Jul 1, 11:42pm (3 hr ago) Jul 1, 11:42pm (3 hr ago)
CAD had a flip on the 09:00.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot_000459.jpg Size: 29 KB
  • #54
  • Jul 1, 11:45pm (3 hr ago) Jul 1, 11:45pm (3 hr ago)
@Rickblaise USD now has a reading on the 09:00 start. Does it match your own analysis?
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot_000460.jpg Size: 34 KB
  • #55
  • Jul 1, 11:46pm (3 hr ago) Jul 1, 11:46pm (3 hr ago)
Quoting Th3W1z4rd
{quote} Good point, someone somewhere is winning and someone somewhere is losing. The question is, is the winning or losing consistent. Anything consistent is good, even losing consistently is good, since you can just flip the direction of the trades. The question is consistency and I really don't think they can fake people out on this one. I know v3.0 just created last night but there are just too many things I really don't think is possible for them to control long enough in order to fake out traders meaningfully. I would like to see them try....
I don’t even let myself believe the market is controlled by an X factor rather than my mind
any decision I make right or wrong is on me
when retail traders will become more self aware of the fact we can really contribute to a good chunk of market behavior we will have far more success and with news skills traders put into These like self coded indicators like your v3 we could really change our own faith
  • #56
  • Jul 1, 11:48pm (3 hr ago) Jul 1, 11:48pm (3 hr ago)
EUR now has a reading too, so the 09:00 start is likely to have a reading on all currencies.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot_000461.jpg Size: 35 KB
  • #57
  • Jul 1, 11:52pm (3 hr ago) Jul 1, 11:52pm (3 hr ago)
Quoting Rickblaise
{quote} I don’t even let myself believe the market is controlled by an X factor rather than my mind any decision I make right or wrong is on me when retail traders will become more self aware of the fact we can really contribute to a good chunk of market behavior we will have far more success and with news skills traders put into These like self coded indicators like your v3 we could really change our own faith
That's good thinking. I think it's been easy for me to think the market is designed to push traders just beyond their maximum pain threshold resulting in breaking the trader, fakeouts, etc. But you're right because if I was less leveraged, I wouldn't experience that max pain. So yeah, you're right. We ourselves control our max pain threshold.
  • #58
  • Jul 1, 11:54pm (3 hr ago) Jul 1, 11:54pm (3 hr ago)
It's interesting that USD just peaked in and out on the 09:00 but it does match the 03:00 reading from Tokyo. Maybe it tries to hide in the later sessions. It didn't have a reading on the 06:00 start. I'll try to set up a different computer where I run the app separately for each start time starting at 03:00 to 21:00.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot_000462.jpg Size: 41 KB
  • #59
  • Jul 1, 11:59pm (3 hr ago) Jul 1, 11:59pm (3 hr ago)
Quoting Th3W1z4rd
{quote} That's good thinking. I think it's been easy for me to think the market is designed to push traders just beyond their maximum pain threshold resulting in breaking the trader, fakeouts, etc. But you're right because if I was less leveraged, I wouldn't experience that max pain. So yeah, you're right. We ourselves control our max pain threshold.
in a game where patience and your mind are the greatest edges we find comfort in blaming structures for breaking our own rules
I saw myself blaming Kevin warsh for my poor entries yesterday had to snap back and recall all the bad signals I ignored and forced the trades
  • #60
  • Jul 2, 12:02am (3 hr ago) Jul 2, 12:02am (3 hr ago)
Quoting Rickblaise
{quote} in a game where patience and your mind are the greatest edges we find comfort in blaming structures for breaking our own rules I saw myself blaming Kevin warsh for my poor entries yesterday had to snap back and recall all the bad signals I ignored and forced the trades
18 traders viewing now, 2 are registered:
,
qylini