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  • #121
  • Apr 7, 2017 9:46am Apr 7, 2017 9:46am
Quoting Bones
eu has a bearish w1 I don't want to buy into it on the daily is the monthly last month {image} {image}
Bones I understand your view mate but this is not about that kind of outlook. You will understand better if you read this and nugget thread also down here in the bin. Only looking for levels price will react to nothing more elaborate than that. Somehow your charts are visible down here and everyone elses needs to be clicked on.
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
  • #122
  • Apr 7, 2017 10:11am Apr 7, 2017 10:11am
Quoting Stu Effex
{quote} 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
So you draw the lines manually? Wow that's hardcore
I need convincing sensei, trading is bl00dy hard enough already without manually drawing lines all the time
used to be undecided but nowadays can't make my mind up
  • #123
  • Apr 7, 2017 10:15am Apr 7, 2017 10:15am
Quoting nozzer
Is this right ,Stu or anyone else? {image}
No offence mate but that looks like a load o bollox to me
Where did you get those lines from? For starters last month's close was up at 1.0905......
PS How come your chart comes up without having to click on it???
used to be undecided but nowadays can't make my mind up
  • #124
  • Apr 7, 2017 10:30am Apr 7, 2017 10:30am
Quoting mrcreosote
{quote} No offence mate but that looks like a load o bollox to me Where did you get those lines from? For starters last month's close was up at 1.0905...... PS How come your chart comes up without having to click on it???
Last month close was 1.06553. Remember last week close too and 1st Quarter close.
High 1.0906. The devil is in the detail Creosote San

Think you owe Nozzer appology.
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
  • #125
  • Apr 7, 2017 10:44am Apr 7, 2017 10:44am
Quoting Stu Effex
{quote} Last month close was 1.06553. Remember last week close too and 1st Quarter close. High 1.0906. The devil is in the detail Creosote San Think you owe Nozzer appology.
Ah yes sorry sensei, in my haste to contribute I got confused between highs and closes! DOH! Off to thrash myself with birch twigs....

Many apologies Nozzer San, keep up the good work
used to be undecided but nowadays can't make my mind up
  • #126
  • Apr 7, 2017 10:46am Apr 7, 2017 10:46am
Quoting nozzer
Is this right ,Stu or anyone else? {image}
Nozzer you got bit mixed up with which way round but you on right track mate.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1 NOZZER.png Size: 29 KB
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
  • #127
  • Apr 7, 2017 10:55am Apr 7, 2017 10:55am
Ok so this definition of open and close. What is it? London, New York or 'clock'?
used to be undecided but nowadays can't make my mind up
  • #128
  • Apr 7, 2017 11:03am Apr 7, 2017 11:03am
Quoting mrcreosote
{quote} Ah yes sorry sensei, in my haste to contribute I got confused between highs and closes! DOH! Off to thrash myself with birch twigs.... Many apologies Nozzer San, keep up the good work
Mr Creosote. I like a laugh, I really do. I have asked questions earlier and no reply. I made comment about your chart you chose not to do anything about it. Right now I am foregoing my usual laugh time to help here. You can continue to flit I don't care but if you going to hang here don't speed read, gloss over, if drawing some lines and labeling is too strenuous you really should ask yourself if it's time to Foxtrot Oscar.
My future is secure. Don't mistake my generosity to return here as a weakness.
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
  • #129
  • Apr 7, 2017 11:26am Apr 7, 2017 11:26am
Quoting Stu Effex
{quote} Mr Creosote. I like a laugh, I really do. I have asked questions earlier and no reply. I made comment about your chart you chose not to do anything about it. Right now I am foregoing my usual laugh time to help here. You can continue to flit I don't care but if you going to hang here don't speed read, gloss over, if drawing some lines and labeling is too strenuous you really should ask yourself if it's time to Foxtrot Oscar. My future is secure. Don't mistake my generosity to return here as a weakness.
Well I didn't comment on the EG chart as you appeared to be making the point that you're not interested in anything other than EU? For the observant it was showing 4 hour closes and was bouncing pretty accurately off a few of them....
I used to have an indy that drew daily/weekly/monthly opens and closes automatically but then it stopped working. Yes maybe I'm too lazy but I think computers can do a better job of drawing lines than me.....?
Anyway I'll leave you in peace and bid you a good weekend
Before I 'Foxtrot Oscar', we both agree 'the devil is in the detail' so I'll stand by my question about opens and closes? Peace
used to be undecided but nowadays can't make my mind up
  • #130
  • Apr 7, 2017 11:49am Apr 7, 2017 11:49am
CAN ANY ONE GIVE ME A STRAIGHT FORWARD IDIOTS GUIDE ON HOW TO POST A SCREEN SHOT PLEASE. Did not want to shout caps lock was on.
  • #131
  • Apr 7, 2017 12:03pm Apr 7, 2017 12:03pm
Quoting stevefx67
CAN ANY ONE GIVE ME A STRAIGHT FORWARD IDIOTS GUIDE ON HOW TO POST A SCREEN SHOT PLEASE. Did not want to shout caps lock was on.
I'd like to help but I'm worried Stu might give me a 'good spanking' again
I don't use Windows anymore as I realised a while ago it was a POS but as a brief guide, from memory
Shift Prt Scr (copies to clipboard)
Open up Paint or whatever it's called in Win10
Paste it in, then crop it, save it as a gif or png file
When you make a post, see the option 'upload from device' to upload the image
Here's one I prepared earlier. Good weekend, watch out for the drunks and the bad car drivers
Attached Image (click to enlarge)
Click to Enlarge Name: consume.jpg Size: 185 KB
used to be undecided but nowadays can't make my mind up
  • #132
  • Apr 7, 2017 12:06pm Apr 7, 2017 12:06pm
its the time zone you trade I don't think it makes much difference
w1 and above lines no difference at all

Quoting mrcreosote
Ok so this definition of open and close. What is it? London, New York or 'clock'?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #133
  • Apr 7, 2017 12:08pm Apr 7, 2017 12:08pm
right well yes thats part of my on strategy since I'm looking and reading higher tfs ,price location to the higher tf is handy
I find the additional info handy that I mention and I'm not sure how actually putting the line there would help me
But I understand others could get something else

Quoting Stu Effex
{quote} Bones I understand your view mate but this is not about that kind of outlook. You will understand better if you read this and nugget thread also down here in the bin. Only looking for levels price will react to nothing more elaborate than that. Somehow your charts are visible down here and everyone elses needs to be clicked on.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #134
  • Edited 12:38pm Apr 7, 2017 12:12pm | Edited 12:38pm
I set my daily to close on the maldives time zone only that closes nice on a week to give me 5 roughly even candles (mon and fri are the same)
and at 7gmt is a nice time to close for me
often not a lot happens on the charts I watch between 7-7 gmt
thats a 10min on a last d1 ,to me theres a lot of info there repected

I always then know where price is in relation to d1-w1-m1 without even looking
but always run those charts to see what that looks like

Quoting Bones
its the time zone you trade I don't think it makes much difference w1 and above lines no difference at all {quote}
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 10 min 2017-04-07_17-58-29.png Size: 40 KB
Click to Enlarge Name: eu USD (DFB).png Size: 20 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #135
  • Apr 7, 2017 12:40pm Apr 7, 2017 12:40pm
Well that took me bloody age but worth it to see how price reacts to previously set levels
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 12 KB
  • #136
  • Apr 7, 2017 12:55pm Apr 7, 2017 12:55pm
better overall pic of things
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 33 KB
  • #137
  • Apr 7, 2017 2:55pm Apr 7, 2017 2:55pm
Quoting mrcreosote
{quote} Well I didn't comment on the EG chart as you appeared to be making the point that you're not interested in anything other than EU? For the observant it was showing 4 hour closes and was bouncing pretty accurately off a few of them.... I used to have an indy that drew daily/weekly/monthly opens and closes automatically but then it stopped working. Yes maybe I'm too lazy but I think computers can do a better job of drawing lines than me.....? Anyway I'll leave you in peace and bid you a good weekend Before I 'Foxtrot Oscar', we both agree...
Again you missed the point about manual lines, there is a lot you will notice by doing it manually that's why I make a point of saying it, I did say it's part of the process. You already see no value in that by deciding a computer is better. So you making that decision, is already starting to veer off the track, then next thing is everyone will start to post indicators for this and that, info gets diluted each time a concession is made and thread goes to rat shit. Now as for devil in the detail, I have made reference to tit feeding and that I'm having no part in that. I have posted plenty of charts already and mentioned lots of daily open /close prices. It is easy to refer to chart and work out if they were NY or London. Swnlobo managed to work out his were different to mine from basic observational skills post No.78. and he is Portuguese I think. So even with possible language barrier he managed ok.
And as for the observant noticing 4hr closes. I already said about that too. I have said for this learning process Daily and above. If you had read all that i have posted you would have known that. I had also said about staying on the page with just EU to keep us all looking at same thing. I did have intentions to go into other types of levels at a later time including broker time shifts, that pace is not to be dictated by your questioning. When I commented about chart not being EU you could have accepted that is what it is, because I had already said so much and just produced an EU one with lines and labels, so as I see things, you can't be bothered. It's fine.
No one bothered to answer my question
"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 ?". It was very relevant (post 109) next post is your resurrect post (110) but choose not to answer the question I had just asked. Which is why I said about speed reading and glossing over.
So I do hope you consume that criticism. I am happy to take criticism but must point out at this point I'm not behind the 8 ball and not going to get into backwards and forwards crap. You have good weekend too mate.
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
  • #138
  • Apr 8, 2017 2:56am Apr 8, 2017 2:56am
Hi Stu,

Thanks a lot for sharing your great 007 scalping strategy buddy. It looks logical and impessive. Let me ask you mate about your strategy rules.
It is mostly based on significant levels and ticks frequency when the price reaches these levels. I hope to have perfect understanding that we have to take into account Monthly, Weekly and Daily OHLC (Open/High/Low/Close) prices only and not lower TF.
Q1: How deep do we have to look back? All weeks for current year? But if it is January or February we may have from 1 to 7 weeks only. Or do we have to look back for one year (52 weeks back) exactly from today? The same with months.
Q2: How deep do we have to look back on D1. I've seen you are working with Today's and Yesterday's OHLC levels. Isn't it necessary to look back deeper? I've seen 3 and 4 days ago OHLC D1 levels on FXMasterSK (https://www.forexfactory.com/fxmastersk) charts in this (https://www.forexfactory.com/showthread.php?p=9740429#post9740429) post.

BR Alexander.
Sorry mate for my poor English as it is not my native language.
BR, alex
  • #139
  • Apr 8, 2017 5:06am Apr 8, 2017 5:06am
Quoting Stu Effex
There is a catch. Come on whats free in life really ?
I would like to be elevated to Guru status.
lol. Right then.

 

  1. When Stu Effex trades EURUSD during NFP, his spread remains at a steady 0.3. He gets immediate fills, because his broker knows better.
  2. The market was walking in a straight line until Stu kicked it, ever since it's been in a random walk.
  3. The SEMA (Stu Effex Moving Average) is straight line price runs from.
  4. Scalping is not what Stu does, it is what Stu is.
  5. There is no Buy Button or a Sell Button on Stu's trading platform, he only has a WIN button.
  6. Stu kicks the head off the Head & Shoulders pattern so fast that we only see them as double tops.
  7. Nobody ever asks Stu for his account statement. If you ask him... It will be the last thing you ever see.
  8. When the uptrend meets Stu Effex it apologises and reverses.
  9. The real reason the market is ranging, is that it's waiting for Stu to trade.
  10. Stu trades GBP only because he loves the word "pound".


LuXing

Wisdom begins in wonder
  • #140
  • Edited 10:02pm Apr 8, 2017 6:58am | Edited 10:02pm
take the blue pill....
used to be undecided but nowadays can't make my mind up
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