Well done on identifying the forum mugs
(binned per thread starter’s request) 007 Scalping
APRIL FOOL Wait wait wait ! Look I did not do this to be mean and FF rather muted the affect by moving to Journals when it was clearly a system I was talking about. Those who anticipated this like Fighterdude may get it, those who respond with petulance are really what this is all about. Anyway that aside the intention was to draw attention to a lot of the absurdity that abounds in FF. I have no desire to be Guru and such crap seriously. Pretty sure the old hands will understand were Im coming from and you new guys really have to question yourselves....
Haha I knew it!
Excellent post man. 
Rock on!
- #43
- Apr 1, 2017 12:17pm Apr 1, 2017 12:17pm
- | Membership Revoked | Joined Nov 2010 | 3,324 Posts
those who respond with petulance are really what this is all about. drowned out by Fraudsters and Trolls who FF choose to ignore because largely its all about click bait.
Don't be shy guys get stuck in with charts. Try and identify some potential bounce points based on what I've already said.
For the sake of learning probably best just to keep it to EU for now, so everyone on the same page.
Ok any early thoughts ? Have half hour or so to kill.
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
- #45
- Apr 2, 2017 2:16am Apr 2, 2017 2:16am
- | Membership Revoked | Joined Nov 2010 | 3,324 Posts
Funny my Guru subscriptions dropping like flies. No instant gratification throw the towel in. That's why the stats are like they are. You can lead the horse to water.............
So no thoughts yet from those who haven't dropped off the radar ?
Ok consider this. When you have a blank chart, with just candles on what information is there ?
So if you look back 10 years at the same blank chart with just candles on what information is there ?
I'm not being smart arse here or trying to be cryptic, just trying to get you to drop your own pennies.
So no thoughts yet from those who haven't dropped off the radar ?
Ok consider this. When you have a blank chart, with just candles on what information is there ?
So if you look back 10 years at the same blank chart with just candles on what information is there ?
I'm not being smart arse here or trying to be cryptic, just trying to get you to drop your own pennies.
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
- #46
- Apr 2, 2017 5:21am Apr 2, 2017 5:21am
- Joined Jan 2012 | Status: Gone | 1,570 Posts
Defending Truth, Capitalism and the US Constitution
- #49
- Apr 2, 2017 11:37am Apr 2, 2017 11:37am
- | Membership Revoked | Joined Nov 2010 | 3,324 Posts
{quote} Looks like the Huntsmen are returning to base ...Hopefully they have brought back the tribe a nice feed and they erupt in Joy. {image} {image}
What I would ask is if you post more can you lose the wave pattern please. I know it is linked but sure my Harmonic friends will understand that it will confuse what I'm trying to illustrate. So onlookers if you connect with that there are guys in my Buddy list who are total whizz at that stuff and most times we come up with same levels. Again 1000 b.c. or so
. I think harmonics produced what I look at but I just look at it differently.
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
- #50
- Apr 2, 2017 12:22pm Apr 2, 2017 12:22pm
- | Membership Revoked | Joined Nov 2010 | 3,324 Posts
{quote} My humble view. {image}
Point I'm eluding to is the only information you have is every Open, High, Low & Close. So we know the market is very emotionally charged and on those large OHLC like daily, weekly etc the market is making a very big statement to you. Don't just think of it as "just" OHLC. They represent the mood of the market for that given period. Think of it as collectively the decision was made to open the market at a given price, turn the market at the high, turn the market at the low and close the market at a given price and believe me the market never forgets those decisions!!
So when there has been separation from those price points, generally there is a reaction when price returns. So say it is a weekly open for example, you might open a 4 hr or hourly chart and that level might not even be a blip on it, no register at all but on the 1min you very often see at least some kind of reaction and that is tradeable and often is does actually lead to more than just a small 1 minute swing. So now you have this information what now ? We are on a roll bounce back with something.
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
- #51
- Apr 2, 2017 2:15pm Apr 2, 2017 2:15pm
- | Membership Revoked | Joined Nov 2010 | 3,324 Posts
Spare a thought for the guy at the circus, you know the one. He often wears a clown costume and juggles with 4 or 5 knives.
I bet when he was learning his craft, he probably cut his hands a few times but do the audiences rush up to him and implore him to stop that dangerous activity at once ? Does he worry that he will cut his hands during the performance, of course not he has confidence in his ability, he's had years of practice.
Catching a falling knife is dangerous, if you are untrained other than that it is a nice horror story that keeps the herd from getting in at best possible price.
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
- #53
- Apr 3, 2017 12:42am Apr 3, 2017 12:42am
- | Membership Revoked | Joined Nov 2010 | 3,324 Posts
{quote} Yes... confluence between OHLC and tick activity... Tick activity = Limit orders consuming the selling pressure not letting it to go further.
Yes but not just that in the example. Remember to try and gauge the approaching 1min swings too. So if they are averaging 10 pips like in example and your level would become the next 10 pip swing point, this adds to the overall picture too. Reality is they are never that clean but it is presented like that to get you used to watching and gauging that.
Ok maybe mark up a few levels from the left of the chart monthly, weekly daily ohlc around the current price action say 50 pips either side of current price. And watch the 1 min. Watch the approach to the level, see how the candles move, look at the size of the bars, note the time, watch tick vol. I'm saying trade them but you could demo to get the feel. Not every level will hit but from what I have said you get to know when and which level you can make a grab for and at the appropriate time.
If you can label your levels that's great but in any case colour code them for example Black is Monthly OHLC, Blue Weekly etc etc
The observant will notice for example that EU has already bounced off today's open. This is progression Once you have time and price separation mastered you will see them hitting all over the place it's just screen time chaps.
EDIT: BE MINDFUL OF NEWS RELEASES!!!
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
- #54
- Edited 4:32am Apr 3, 2017 3:31am | Edited 4:32am
- | Membership Revoked | Joined Nov 2010 | 3,324 Posts
I taken this one I know from low if it drops back through that I'm out
EDIT NOT A SIGNAL MY RISK NOT YOURS
Friday Close become LW close
EDIT:
So this one loser but good example anyway of timing price just hung until hour close for green light to move.
Reason behind trade potential for DB on hourly chart, LW Close. 1 min came into the level strong. There is still potential for DB to happen. But doesn't suit me to to hope. Take the loss and move on.
EDIT the 2 white lines which are on the exit chart is just places I might expect there might be stall if price had of gone my way, just saves looking left and then can watch with tick vol what's happening.
So is anyone going to participate ?
EDIT NOT A SIGNAL MY RISK NOT YOURS
Friday Close become LW close
EDIT:
So this one loser but good example anyway of timing price just hung until hour close for green light to move.
Reason behind trade potential for DB on hourly chart, LW Close. 1 min came into the level strong. There is still potential for DB to happen. But doesn't suit me to to hope. Take the loss and move on.
EDIT the 2 white lines which are on the exit chart is just places I might expect there might be stall if price had of gone my way, just saves looking left and then can watch with tick vol what's happening.
So is anyone going to participate ?
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
- #56
- Apr 3, 2017 5:01am Apr 3, 2017 5:01am
- | Membership Revoked | Joined Nov 2010 | 3,324 Posts
{quote} Sorry Stu ...you know the deal bad habits. This time i removed my shoes and wiped my feet before entering. You know that comfort zone thing. Any way Eu stuck to last months close like shit to a blanket {image}
Rythm yes good you see that. I asked if people want to participate. They see I upgrade the level from daily to weekly. No response ?You think right and see it not just Friday Close and Last Week Close, It's Last Month Close too and then we go one stage further and it's also Quarter close.
I have no care for the loss. It's the risk associated with the trade.
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
{quote}
It wasn't April's Fool after all...
Best Regards
- #58
- Apr 3, 2017 5:10am Apr 3, 2017 5:10am
- | Membership Revoked | Joined Nov 2010 | 3,324 Posts
{quote} Thank You Very Much Stu, It wasn't April's Fool after all...
SWN so do you see any logic ?
Is it something you think can grasp easy, explanation simple enough ?
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
- #60
- Apr 3, 2017 5:48am Apr 3, 2017 5:48am
- | Membership Revoked | Joined Nov 2010 | 3,324 Posts
{quote} I see the logic. Your drawing helped a lot! Food for thought !!! Could you please elaborate on the phylosophy behind "odds enhancer-hour close"? Do you think I really need that or can I operate with just the other indicators (averaging pips, OHLC, and tick activity? Thanks and Regards
If price is dropping towards your level or rising to your level whichever doesn't matter. It adds confluence to the other factors. So if approaching swing averages looking good, tick box, tick activity good tick another box, if they coincide with hour close tick another box. It's just increasing probabilities as very often flows change in micro land on hour close, so if it's been dropping and other factors are good chances are too that hour close will help change the flow. Ok ?
You understand how level just got from being a daily close to now a quarter close ? It will very likely feature again at some point in time.
I don't have time to post every live trade I'm sorry. Editing and messing for upload too much but I did this one now and it's not revenge or any crap like that.
I got out because it broke that little low. At that point I don't care market could crash and burn who knows but just after another big candle and big tick vol so I go again. It does not bother me to do that. Some people don't like but I know for every one crappy level like this where it was so awkward there will be probably at least 5 or 6 with clean hit and bounce. This is trading in the now reacting to what you see, you have to be flexible. The market is not rigid.
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye