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  • #1,781
  • Nov 13, 2012 3:01am Nov 13, 2012 3:01am
Quoting diceman555
yes im watching sterlings strenght,fading a little now,the problem is determining if cable is leading and others change or its lagging,generally to follow the mass is better over a larger number of trades,yes we get caught a few times but thats part of the game.

if im following the sentiment and i notice change i try to get atleast b/e.its the part we need to be very flexible on,thats why i use short stops and get b/e asap.but when it falls into place i load up .overall its a positive outcome
Yes, thats right. We are sitting on pretty much strong down trend last days, but it have to retrace some day. Looks like it needs more fuel now to get on lower levels. We got some red news today, maybe it will help to continue.

Ive read couple times your last post starting 'more mind scratching and thought !', its damn impressive. Looks like you've done it, congrats!

Im trying to figure out now, how u calculate hourly average lvls, just looking some more places where i can join a trend, cause when its strong its sometimes difficult to get good S/D area for trade.
youtube.com/@pantherfxt
  • #1,782
  • Nov 13, 2012 4:24pm Nov 13, 2012 4:24pm
Quoting Polleczko
Yes, thats right. We are sitting on pretty much strong down trend last days, but it have to retrace some day. Looks like it needs more fuel now to get on lower levels. We got some red news today, maybe it will help to continue.

Ive read couple times your last post starting 'more mind scratching and thought !', its damn impressive. Looks like you've done it, congrats!

Im trying to figure out now, how u calculate hourly average lvls, just looking some more places where i can join a trend, cause when its strong its sometimes difficult to get good...
hi polleczko,

sorry for such a late reply,i have some other things going on at present,this is my first chance to answer you.

when one market is closing and another openening,asia - london-new york.

we have bias from our values,we test the market with that bias,but the important thing here is to watch the values,take note at the stalling prices of the bias pairs,i like to take minimal risks to trade that bias,but if the bias pairs fail to break lower,trade the other direction ,scalp only from cables or eu lows.

the open of london and new york have many factors to concider,test first if correct load
  • #1,783
  • Nov 13, 2012 10:31pm Nov 13, 2012 10:31pm
Quoting diceman555
hi polleczko,

sorry for such a late reply,i have some other things going on at present,this is my first chance to answer you.

when one market is closing and another openening,asia - london-new york.

we have bias from our values,we test the market with that bias,but the important thing here is to watch the values,take note at the stalling prices of the bias pairs,i like to take minimal risks to trade that bias,but if the bias pairs fail to break lower,trade the other direction ,scalp only from cables or eu lows.

the open of london and new york...
Thx William,

no problem. I must say i just stuck with early-middle london, cause i've got the best performance there in the past. But definetly want to try be more flexible and just trade when there is a good opportunity, no matter which session it is. I will take a closer look on that. Thanks.

P.
youtube.com/@pantherfxt
  • #1,784
  • Dec 19, 2012 7:44am Dec 19, 2012 7:44am
closed my longs on cable at cycle completion .looking to see level 71 area or not
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  • #1,785
  • Dec 19, 2012 7:58am Dec 19, 2012 7:58am
short scalp on cable at 94,stop at 98 pin,


longer term retracment level showing on 1 hour 4 hour and daily 16227
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  • #1,786
  • Dec 19, 2012 8:02am Dec 19, 2012 8:02am
stop at break even
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  • #1,787
  • Dec 19, 2012 8:22am Dec 19, 2012 8:22am
stop moved to 88 + 6
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  • #1,788
  • Dec 19, 2012 9:22am Dec 19, 2012 9:22am
closed as chart + 18 pips
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  • #1,789
  • Dec 20, 2012 10:57am Dec 20, 2012 10:57am
well thats pretty much it for me till after xmas,

no surprises today,price deveating from the daily averaged,16261 upto the hour split highs and back.this could be seen in the values of cables brothers and sisters all drifting close to there averages with little purpose,managed a couple of scalps,but those gains got cancelled out with a longer term loss,

still been very rewarding year,my levels playing a key part of my style,the values are the moter of this method and at times throwing me gifts of pips with out risk.

merry xmas
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  • #1,790
  • Dec 29, 2012 5:30pm Dec 29, 2012 5:30pm
ive been working on the next stage of my price levels,viewing price from a multitime frame prospective or multi dimensional.certainly taking this to a new level of understanding with positive results,its not predictive in its self but looks into the price.umm,quite exited with my findings
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  • #1,791
  • Jan 3, 2013 11:52am Jan 3, 2013 11:52am
my shorts from asian session and todays on cable are the result of a number of conditions,

firstly cables lack of upward strength whilst yen crosses continued to rise yesterday indicated a possible turn in the overall pairs,cable and euro leading the pack.

my longer term averages and splits all converging to 16140 zone,when i recalculaed my lower time frame levels during asian session they also indicated lower prices towards the higher,price trading below all averaged levels.

yen turned and all fell in to hamonic synce,adding positions from each break of average and split lows down to next level,my anticipated 16143 being completion of many time frame cycles.

look how price reacted at each level.
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  • #1,792
  • Jan 3, 2013 12:44pm Jan 3, 2013 12:44pm
hi sachi,easier for me too post here

a scalping opportunistic from recent price.

cable has dropped a 100 odd pips,its averaged range move is around that figure but i dont follow that calc,

price stalled at my 43 level,also entering the quieter period less volume.

counter trend trade so more riskea but for me an ideal scalping importunity,

trade the close of the pin if confirmed with a lead candle hold until it fizzes out and collect 10 or so pips.if no lead candel look to close at b/e.

if you watched the quote price at these times you will see what i mean

i would look for my target area if enough momentum to carry it ther,getting b/e is paramount to this type of scalping,you may have a few entries at stop b/e before you get your 3 to 1 pips at risk
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  • #1,793
  • Jan 7, 2013 5:33am Jan 7, 2013 5:33am
Hi Diceman,

Nice journal! I was wondering if you would be able to describe how you derive your levels? Do you take them from the 1 hour charts etc?

Thank you

Emporia
  • #1,794
  • Jan 7, 2013 5:34am Jan 7, 2013 5:34am
Sorry one more thing...

It seems as though you trade from the 2 min charts... is that correct?

Emporia
  • #1,795
  • Jan 7, 2013 5:42am Jan 7, 2013 5:42am
Nice charts, Diceman555
Keep up the good trading.

Best regards,
Hatzerim
Best Regards!
  • #1,796
  • Jan 7, 2013 8:35am Jan 7, 2013 8:35am
[quote=Hatzerim;6343287]Nice charts, Diceman555
Keep up the good trading.

Best regards,
Hatzerim[/QUOT

thanks hatzerim.

its been a long journey but very worth while and by no means finished.
  • #1,797
  • Jan 7, 2013 8:41am Jan 7, 2013 8:41am
Quoting Emporia
Hi Diceman,

Nice journal! I was wondering if you would be able to describe how you derive your levels? Do you take them from the 1 hour charts etc?

Thank you

Emporia
hi emporia thanks for dropping by,

yes i trade from 2 min charts.i also watch the quote price for entry.

my levels are taken from monthly weekly daily hourly 15 min and for entry i use 2 mins,ill go into more detail when time permits later
  • #1,798
  • Jan 8, 2013 2:28am Jan 8, 2013 2:28am
Thank you Diceman,

Has you method changed since you started this thread? or will I get an idea for your method by reading the whole thread?
  • #1,799
  • Jan 8, 2013 1:38pm Jan 8, 2013 1:38pm
Quoting Emporia
Thank you Diceman,

Has you method changed since you started this thread? or will I get an idea for your method by reading the whole thread?
hi Emporia,

my method today is a constant development from not only the beginning of my journal but from when i started.the journal takes off from when id finished looking for the magic indi and a rigid trading system.
predominantly when i started trading pure price and levels.along the way i picked up various oddities of price,such as price jumps,low liquidity gaps ranging from 10 pips to a hundred or so.i developed ways of reading price in the moment,harmoney in price,(moments when price behaves less chaotic and takes periods of agreement"order")

ive worked a lot on averaged price levels.and possible circular motions of price,my value changes play a major part in my trading.in short my journal is the development so far.

if you are interested in my methods the id suggest flicking through the journal and spending more time on the chore method parts as ive many posts that are just my intraday trades which ive logged when i need pressure to concentrate,i find posting my trades live focuses me when i start to drift,so skip past the majority.

im also not the best person at relaying to paper what im trying to say so it may all seem confusing ramblings,

all i can say is feel free to ask me whatever you want regarding my personel journey and method,theres only a couple of things i havnt posted about or should i say the calculations i use which im not sharing at this moment.

anyways,thanks for taking an interest .

regards

william
  • #1,800
  • Jan 9, 2013 12:50pm Jan 9, 2013 12:50pm
dont normally trade this time of day but looked good to scalp,

long cable from pin 7 pip stop bottom of pin,
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