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  • #101
  • Apr 7, 2017 12:21am Apr 7, 2017 12:21am
Quoting FXMasterSK
On G/U today 4/6/17 there was a near perfect bounce off of the daily high of March 22, 2017. Unfortunately I didn't catch this one. I did also have the daily high from April 4th plotted on the chart and here's what I saw. {image} {image} Here's the reaction so far: {image} Now I obviously didn't catch that whole move, but whatever I did catch (~10 pips) is profits to my account and so I'm happy. I also unfortunately missed the March 22nd level, oh well. It's also better probabilities to play bounces from levels rather than trying to time the reversals....
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Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
  • #102
  • Apr 7, 2017 12:32am Apr 7, 2017 12:32am
Quoting inuit
{quote} Hi fxmastersk, i try to formulate my charts better next time, im using pro realtime platform. What you think of using preset tp orders when scalping these levels? So far i found that the initial reaction can be quite fast, faster than my fingers.
So it takes a thread to be dumped to spur life. Interesting.

Inuit You have taken some trades, great you made an effort but perhaps apart from the chart you could share your experience with Nozzer and Steve, then maybe together with FX master ( Who has made some nice input, better late than never !!) you can brainstorm, what I have said, this is what I asked in first place. Not all of FX master script is right for me but he certainly heading in right direction.

Steve... Nozzer et al you can't sit on the side lines now and use FXM, FT, Inuit et al as a crutch and just watch or they will get pissed off too. See how it works now ? Thinktank....discovery.... aha..... I'm happy to pop in if you get your shit together ! C Ya
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
  • #103
  • Apr 7, 2017 3:10am Apr 7, 2017 3:10am
Thanks Stu, If you need a hand to tidy up your desk give me a shout.
  • #104
  • Apr 7, 2017 4:33am Apr 7, 2017 4:33am
Quoting Stu Effex
{quote} So it takes a thread to be dumped to spur life. Interesting. Inuit You have taken some trades, great you made an effort but perhaps apart from the chart you could share your experience with Nozzer and Steve, then maybe together with FX master ( Who has made some nice input, better late than never !!) you can brainstorm, what I have said, this is what I asked in first place. Not all of FX master script is right for me but he certainly heading in right direction. Steve... Nozzer et al you can't sit on the side lines now and use FXM, FT, Inuit...
Sure i share, but dont have much experience with this type of trading.
Here is one i did not take, do you guys prefer pa to pierce level or take when it stalls?

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  • #105
  • Apr 7, 2017 4:46am Apr 7, 2017 4:46am
Thanks for returning Stu,let me get this straight..you put the high and lows lines of the pervious month,week and day on a 1 minute chart and when there is high volume and it reachs the end of the hour you trade on a retracement?..sorry for the newbie question ,I am trying to walk more than run at the moment ! :-]
  • #106
  • Apr 7, 2017 5:08am Apr 7, 2017 5:08am
Ok I know you just want to get going and trade it but that is issue I see with other system threads, get Xyz indi and go. No thought for how or what it is doing. Let's go back one step to question I asked about the blank chart and start from there. So what info is there now or looking 10 years back blank chart ? This is no right or wrong just your thoughts perceptions of what it says to you. Lurkers too !
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
  • #107
  • Apr 7, 2017 6:10am Apr 7, 2017 6:10am
Quoting inuit
{quote} Sure i share, but dont have much experience with this type of trading. Here is one i did not take, do you guys prefer pa to pierce level or take when it stalls? {image}
Didn't notice before mate. I will get to that at some point but good if others answer you to build up the picture.

Meanwhile above question needs a counter punch.
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
  • #108
  • Apr 7, 2017 6:39am Apr 7, 2017 6:39am
Quoting Stu Effex
Ok I know you just want to get going and trade it but that is issue I see with other system threads, get Xyz indi and go. No thought for how or what it is doing. Let's go back one step to question I asked about the blank chart and start from there. So what info is there now or looking 10 years back blank chart ? This is no right or wrong just your thoughts perceptions of what it says to you. Lurkers too !
price and time, i mean thats what chart is, graphical presentation of price/time, technical analysis vise there is pretty much anything one wants to see.
  • #109
  • Apr 7, 2017 8:03am Apr 7, 2017 8:03am
Quoting inuit
{quote} price and time, i mean thats what chart is, graphical presentation of price/time, technical analysis vise there is pretty much anything one wants to see.

Nozzer, walking is good mate. I know there will be lots of impatient B'stards rolling eyes and cursing me, can hear it now "When is this boring B'stard going to get to the point". They will keep moving on which is fine, you can't reach everyone.

Let’s think about nature. Nature provides everything required when you dig in a bit. Animals know what and where to feed they understand their habitat. Man comes along and decides he knows a thing or two and makes a few tweaks here and there, next thing is we start getting sick animals, species loss etc.

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And so as in nature the market has provided you with everything you need. Stripped back the market is a whole bunch of OHLC so surely it's most basic form is all we need ? It is the only record of the market and everything and I do mean everything is wrapped up in it !!
Trader Psychology
Interest Rates
Yellen Farting
GDP Figures etc etc etc you get the picture.

For the people that say yes but candles are indicators blah blah, yes I agree, don't bother arguing just head for the door.

Now visually representing those OHLC makes sense because we can't remember them all and anyone that's ever seen a line painted on the walkway like it shouldn't be there will see people react to it.
One thing we can remember is this; because it is the only record of the market, it is smarter than us and never forgets where they are and why/how they got there and routinely uses them to refuel along it's journey.

So next thing. Now we know the significance, will you please mark up your chart in a way which you think will allow you to use that which market history/nature has provided for us.

Inexperienced or not you need to have a stab at this, once everyone had a go we will look at ways to optimize for best use.
No ducking out of class !! We know how this works. I give a bit...... you need to counter.

By the way you did notice that EU bounced off yesterday Open during news. Not advocating you trade that but a good observation to make don't you think ? Would also like to know which level featured significantly AGAIN yesterday EU ?
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
  • #110
  • Apr 7, 2017 8:13am Apr 7, 2017 8:13am
I'll try and contribute and get this 'resurrected' cos I like Stu's style and attitude!
How about this one?
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used to be undecided but nowadays can't make my mind up
  • #111
  • Apr 7, 2017 8:17am Apr 7, 2017 8:17am
And talking about resurrection
https://www.youtube.com/watch?v=TbU7oVz0Uq0
used to be undecided but nowadays can't make my mind up
  • #112
  • Apr 7, 2017 8:31am Apr 7, 2017 8:31am
Is this right ,Stu or anyone else?
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  • #113
  • Apr 7, 2017 8:43am Apr 7, 2017 8:43am
Quoting mrcreosote
I'll try and contribute and get this 'resurrected' cos I like Stu's style and attitude! How about this one? {image}
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Mate I veered to GU to address a really large contribution. Don't want to veer for every pair someone mentions. We stick to EU for ease now. Your chart doesn't show anything.
You could take Nozzer's approach ? He might be on to something there.


And the rest of you ?
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
  • #114
  • Apr 7, 2017 9:06am Apr 7, 2017 9:06am
Heres my take for todays pa
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edit. and 1.0608 is mar. 15. open
  • #115
  • Apr 7, 2017 9:14am Apr 7, 2017 9:14am
LUX you need to change communication settings
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
  • #116
  • Apr 7, 2017 9:19am Apr 7, 2017 9:19am
Hi Stu if you like to monitor open close high low of higher tf on lower as I do Pro real time does this for you automatically ,
actually you can then fill it with colour however you want also
so hourly auto has daily plotted on yesterday which was red
then
h12 has weekly which was blue

the point is you don't need to go to the trouble of time consuming plotting anything tell it h1 up to monthly you want that line
colour in between how you want
the line on the chart is as long as the tf
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #117
  • Apr 7, 2017 9:25am Apr 7, 2017 9:25am
Quoting inuit
Heres my take for todays pa {image} edit. and 1.0608 is mar. 15. open
If it has a larger social standing use it. 1.06087 Week 8/2017 Open... get the idea ? Just like every Friday Close is upgraded to LW Close the when it is no longer LW close it has a number starting at week 1 for that year, we getting this ? Then the week close which ends the month becomes ? etc etc Matryoshka ?

Hey Steve my desk is fine. Sidelines is no position here there will probably be another twist in this tale soon.
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
  • #118
  • Apr 7, 2017 9:35am Apr 7, 2017 9:35am
eu has a bearish w1 I don't want to buy into it
on the daily is the monthly last month
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #119
  • Apr 7, 2017 9:35am Apr 7, 2017 9:35am
Quoting Stu Effex
{quote} If it has a larger social standing use it. 1.06087 Week 8/2017 Open... get the idea ? Just like every Friday Close is upgraded to LW Close the when it is no longer LW close it has a number starting at week 1 for that year, we getting this ? Then the week close which ends the month becomes ? etc etc Matryoshka ? Hey Steve my desk is fine. Sidelines is no position here there will probably be another twist in this tale soon.
Got it
  • #120
  • Apr 7, 2017 9:38am Apr 7, 2017 9:38am
Quoting Bones
Hi Stu if you like to monitor open close high low of higher tf on lower as I do Pro real time does this for you automatically , actually you can then fill it with colour however you want also so hourly auto has daily plotted on yesterday which was red then h12 has weekly which was blue the point is you don't need to go to the trouble of time consuming plotting anything tell it h1 up to monthly you want that line colour in between how you want the line on the chart is as long as the tf {image} {image}
Hi Bones Prefer manual thanks anyway mate. It's part of the reinforcement process. That mentality comes from my karate background, the labour of doing those lines over and over is the same as striking makiwara for thousand punches. I appreciate the sentiment
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
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