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Scalp, scalp, scalp

  • #5,161
  • Aug 29, 2016 9:12pm Aug 29, 2016 9:12pm
8010Long asx 200 5492.. stop below 5480
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  • #5,162
  • Aug 29, 2016 11:42pm Aug 29, 2016 11:42pm
closed5486..-
  • #5,163
  • Aug 31, 2016 7:00am Aug 31, 2016 7:00am
9093.adud 1 hr long
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  • #5,164
  • Aug 31, 2016 9:19pm Aug 31, 2016 9:19pm
ADUD 1 hr 2 long positions
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  • #5,165
  • Edited 1:08pm Sep 4, 2016 8:03am | Edited 1:08pm
Quoting danc
{quote} MMMM interesting Hey.. ?? makes one think there is ia common math formula running throu the market ???? IS THAT possible ?? or am i seeing things..???

i believe your not seing things,

having said that i have not discovered it although touched upon it.im presently rereading everything gann has written and been quoted as to saying .such an interesting view point,

here is an extract ;and relates to albeit indirectly to our perspective and part of our method.




"As harmony in music may be described as the union of sounds which individually
appear different, but when blended together form a collective chord, or as the flowing
together of several sounds into one, so the object of the harmonic analysis of the different
tidal constituents is to reduce 'the complicated motions of the tides into a series of simple
harmonic motions or waves in different periods and with different amplitudes, or ranges;
and these simple harmonic constituents added together give the aggregate tide.'

this i relate to our converged time period averages ,the pinical point were they converge to one point and momentararly become one danc.!as you have proven to yourself time and time again those signals are the most powerful and precise minimuin dd and max rr.

im trying to find some way of calculating the cycle ,s time series ,this part is proving difficult..
  • #5,166
  • Sep 4, 2016 8:04pm Sep 4, 2016 8:04pm
MMM sounds exciting.. Some years ago back when if you were charting you had to do it by hand .. i was fortunate enough to do several weekends for not very much money with american named Billy Mclaren who was the real deal.. he was living in Byron Bay at the time but running a small hedge fund out of New York.. there was a big focus on Time and Price and the squaring of.. i still use a lot of his stuff.. He wrote a book called Gann Made Easy.. which at the time was selling for 500.USD.. you can now down load this book for nix.. well worth a browes.. he would have to be the Gann master in my opnion..would prior to Bill y the Kid i must have spent 40 thou OZZ d on a HEAP of B SHT//.. of course the market has changed a lot since those days.. a whole new way now..
  • #5,167
  • Sep 4, 2016 9:31pm Sep 4, 2016 9:31pm
Quoting danc
MMM sounds exciting.. Some years ago back when if you were charting you had to do it by hand .. i was fortunate enough to do several weekends for not very much money with american named Billy Mclaren who was the real deal.. he was living in Byron Bay at the time but running a small hedge fund out of New York.. there was a big focus on Time and Price and the squaring of.. i still use a lot of his stuff.. He wrote a book called Gann Made Easy.. which at the time was selling for 500.USD.. you can now down load this book for nix.. well worth a browes.....
you make a key point danc ,. of course the market has changed a lot since those days.. a whole new way now..

i would say the key principal remains the same then and now which often gets missed ...yes the execution and the tools have changed and more importantly the speed of execution is very different now than then....algo,s one click dealing ect ect ,i ask myself what effect has this had on the market which has and will always remain the same ,especially the time factor for natural cycles to complete and the momentum that this increased speedency has created ,
one sure thing it has reduced lag

not really talking to you danc ,just thinking a loud
  • #5,168
  • Sep 4, 2016 9:43pm Sep 4, 2016 9:43pm
the thing that is niggling away at me is time factor.especially with my method on indicies ,you trade the dax alot and are aware of the nice clean swings much more so than the fx which is a beast all on its own.

we are able to identify the swings with good probability of sucsess . risk being the key to longterm profability so timing is vital to complete the ingredients to this perfect pi excuse the pun
  • #5,169
  • Sep 5, 2016 8:02am Sep 5, 2016 8:02am
picture day asx 200 long at 5360
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  • #5,170
  • Sep 5, 2016 8:02pm Sep 5, 2016 8:02pm
Quoting diceman555
the thing that is niggling away at me is time factor.especially with my method on indicies ,you trade the dax alot and are aware of the nice clean swings much more so than the fx which is a beast all on its own. we are able to identify the swings with good probability of sucsess . risk being the key to longterm profability so timing is vital to complete the ingredients to this perfect pi excuse the pun
D man just as matter of interest.. Billy uses 90 and 144..plus multi of ..so ASX 200.. just went 90 days from lo to hier low.. and 158 days to current low.. which is 1.75 of 90..just as matter of interest.. i am certainly not watch ing for this .. have spent to much time doing these numbers.. does my head in..
  • #5,171
  • Sep 5, 2016 8:24pm Sep 5, 2016 8:24pm
Good God..just did another number from actual low.. on the 10 /2..2016..to the second of the 9th..current lo.. was 225 days exact.. which is 2.25 ..90... VERY strong number in B.. Mclarens world.. thats the low on the chart i posted last night.. now accord to Mclaren the cycle should end at 180/190 days..MMM maby i should watch ..he watches both calander and trade days... like i said if you are interested.. check out gann made easy.. its 500 pages long and chocka with examples..its a manual..i know its followed by some of the big trading banks.. moon cycles too..the 200 .. has an action or reaction on the full moon.. even more so if the tides are hi..
  • #5,172
  • Sep 6, 2016 2:30pm Sep 6, 2016 2:30pm
Quoting danc
Good God..just did another number from actual low.. on the 10 /2..2016..to the second of the 9th..current lo.. was 225 days exact.. which is 2.25 ..90... VERY strong number in B.. Mclarens world.. thats the low on the chart i posted last night.. now accord to Mclaren the cycle should end at 180/190 days..MMM maby i should watch ..he watches both calander and trade days... like i said if you are interested.. check out gann made easy.. its 500 pages long and chocka with examples..its a manual..i know its followed by some of the big trading banks.....
thanks danc i will down load and read .got a lot of reading todo.

the fact that the price interchanges between certain points and this we can calculate has me excited to the possibilities of what we dont know ,my interest levels are enjoying this .
  • #5,173
  • Sep 6, 2016 7:07pm Sep 6, 2016 7:07pm
Quoting diceman555
{quote} thanks danc i will down load and read .got a lot of reading todo. the fact that the price interchanges between certain points and this we can calculate has me excited to the possibilities of what we dont know ,my interest levels are enjoying this .
Will pm you on it D Man.. not saying i am any expert on it.. but i sure did stuff around with it for a long time... as a matter of interest that last ASX 200 hi came on 192 days that valid in mclarens.. book
  • #5,174
  • Sep 6, 2016 7:49pm Sep 6, 2016 7:49pm
cable is at intersting levels ,ill post that old 4 hour chart later that i keep refering too with updated levels on .there are 3 lead candles equal to the 3 key zones

we also have that weird gap to be filled .......

the selling is in sync although much lighter on the risk and expected at these levels

relook at pre london
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  • #5,175
  • Sep 6, 2016 7:52pm Sep 6, 2016 7:52pm
hey danc do you remember the longs we were buying from the lows with 7 pip stops ,3 pages back and back in for the 2 nd leg.

need to piece together a longerterm strat
  • #5,176
  • Sep 6, 2016 8:10pm Sep 6, 2016 8:10pm
Quoting diceman555
hey danc do you remember the longs we were buying from the lows with 7 pip stops ,3 pages back and back in for the 2 nd leg. need to piece together a longerterm strat
MM maby.. i will think....just as matter of intrest will pm you on that last chart i posted on the ASX 200 will also post cable chart showing same settup.. like a prediction..
  • #5,177
  • Sep 7, 2016 3:33am Sep 7, 2016 3:33am
Quoting diceman555
{quote} i believe your not seing things, having said that i have not discovered it although touched upon it.im presently rereading everything gann has written and been quoted as to saying .such an interesting view point, here is an extract ;and relates to albeit indirectly to our perspective and part of our method. "As harmony in music may be described as the union of sounds which individually appear different, but when blended together form a collective chord, or as the flowing together of several sounds into one, so the object of the harmonic...
Hey William,

How's it going?

Just saw this post and found it of particular interest. It reminded me of something that occurred a few years ago during my own "awakening" regarding price-action. Have you heard of "Fourier Analysis" (the mathematical study of complex waveforms)? This is something I studied many years ago for work and although I eventually got my round the mathematics it's not something I ever felt would have any relevance in my own life. That changed, however, when one day I was assessing USDCAD on a H4 down to M1 chart and saw (in supply/demand price-action terms) something that is in essence what Fourier Analysis describes.

The basic concept of Fourier Analysis suggests a tool set (albeit a mathematical one) that will allow the observer to reduce a complex waveform into its fundamental harmonics of differing amplitudes. Looking at USCAD seeing repeated behaviour but across all time-frames I realised there is a connection. That was "a moment" for me. Moreover it became apparent that as a trader one wouldn't need to make any complex mathematical calculations when assessing the fundamental harmonics because in offering us the ability to view each pair on various TFs the charts were already doing the hard work for us.

In practical terms a trader can't make profit off of Fourier Analysis alone. But, from my side, seeing a behaviour/phenomena that I recognised went a long way to de-mystifying the market. And obviously once we see patterns of behaviour we can try and exploit them. The most important thing that these observations offered to me as a supply/demand trader who, as you've said, wants to get in at the low point of the wave where there's least risk, and try and run the move to its optimum point is that I have to focus on a single time-frame. In other words, each time-frame is its own fundamental waveform and therefore if I take a trade on a M5 time-frame then I need to position the trade accordingly but more importantly (more important than an accurate entry I would suggest) it is to exit at the correct point within that waveform before it meets a higher TF (higher amplitude) and potentially out of phase waveform that may interrupt the run and therefore stuff the profits!
  • #5,178
  • Sep 7, 2016 3:46am Sep 7, 2016 3:46am
hey dice...been awhile ...i see you and danc be killing it.....i have not had much time to trade lately......i quick one on gu....
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  • #5,179
  • Sep 7, 2016 3:47am Sep 7, 2016 3:47am
am out
  • #5,180
  • Sep 7, 2016 11:03am Sep 7, 2016 11:03am
Quoting simond2002
{quote} Hey William, How's it going? Just saw this post and found it of particular interest. It reminded me of something that occurred a few years ago during my own "awakening" regarding price-action. Have you heard of "Fourier Analysis" (the mathematical study of complex waveforms)? This is something I studied many years ago for work and although I eventually got my round the mathematics it's not something I ever felt would have any relevance in my own life. That changed, however, when one day I was assessing USDCAD on a H4 down to M1 chart and...
Hi simond
good to have such worthy input regarding the structure .

i dont have enough knowledge of "Fourier Analysis to comment ,but i will certainly dig deeper on the subject .i may inadvertainly be doing somthing similar with out realising it .

im finding more in the structure of price and how it develops within set boundaries and yes this applied across multiple time periods .the relationships are intertwined and apear to be chaotic but are far from .the make up of supply and demand levels can be clearly defined using quite simple math ,and there are times when they converge to one point in value and time.these are extremly tradable .

i find this whole topic of great interest and believe we are only scratching the surface .i look forward to gaining more knowledge on fourier to confirm a connection or at least be able to converse better.

thanks for your input and you are always welcome

regards
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