{quote}......Mate I might write it this way as a full clarification, ..........
Success = Practice + Patience + Persistence
- #10,861
- Dec 4, 2024 9:52pm Dec 4, 2024 9:52pm
- Joined Nov 2012 | Status: Naked Chart Samurai | 3,472 Posts
- #10,862
- Edited 12:58pm Dec 5, 2024 12:32pm | Edited 12:58pm
- Joined Aug 2006 | Status: Trader | 5,317 Posts
{quote} Hi Fxp I suggesteds to Shabs that my 1000 word essays were a thing of the past lol(but I am not currently trading again till Franky, maybe, so why not
) ----
Nothing beats the Prev. Daily & Weekly Highs / Lows, Daily & Weekly Opens and ofc the NY Closes.
GJ today bounces off this Weeks Open with PD NY Close 191.284 at exactly 50% of the days move which was 96% of the ADR
Price ending at London Close @ at the Days Open.
Price reacting with this Weeks Open on at least 9 occasions this week so far.
Wow 2 Bermudas in the same day.
It never gets easier, you just get better
- #10,863
- Dec 5, 2024 4:06pm Dec 5, 2024 4:06pm
- Joined Dec 2018 | Status: Trader | 4,591 Posts
{quote}
I have dropped Pivots altogether now from my charts, too many lines to contend with & interpret. Nothing beats the Prev. Daily & Weekly Highs / Lows, Daily & Weekly Opens and ofc the NY Closes. GJ today bounces off this Weeks Open with PD NY Close 191.284 at exactly 50% of the days move which was 96% of the ADR Price ending at London Close @ at the Days Open. Price reacting with this Weeks Open on at least 9 occasions this week so far. Wow 2 Bermudas in the same day.
Hi Shabs,
I agree 100%. I run two live charts, one clean enough, the other with the FULL trader attractors (what I call).
Too much info is daunting for new (and us old) traders for sure.
The Pivs do 'seem' to be attractors for some group of traders but to me it is only WHAT the market does subsequently, not towards if you know what I mean.
(Always best in Confluence with multiple 'attractors' I hav found)
I had already done a write up for newer traders who might run one of the days across a Simulator to observe what happens AS IT IS HAPPENING.
(A past history Static Chart is too much to just to look & see what the maarket is doing at When&Where ie Price&Time)
Buckle up, I tried to keep it short
- #10,865
- Edited 5:05pm Dec 5, 2024 4:08pm | Edited 5:05pm
- Joined Dec 2018 | Status: Trader | 4,591 Posts
Brief overview (ie less than 1000 words) of just how I might see (not the only way to see it of course) THE CHART ABOVE.
It’s just that the moves are so specific (imo) that makes it interesting for me
Day Opens left of screen and the market runs to a triple confluence of where traders may be attracted
(new coming in and old closing out at Prev Day Hi, Prior NY Ope and an RN)
Market then does a dynamic reversal down to another triple confluence of where traders may be attracted
(Day PP, Prior London Open & an RN)
Market returns to Day Open and “aggregates” around a BRN (191.000) with both buyers & sellers (likely) showing interest
(maybe ? the market is planning to go up ? but) drives right down to near exactly the current Month Open
Job done ? and the market starts rising aagain & aggregates around the Day PP
At London Open the move begins higher now right back to the Day Open for some more “aggregating”
After a quick fake back to the Day Open the market runs again toward the triple confluence of trader attractors that it did right back in early Asia
Okay, now it’s new York Open and the drive up takes shape to the Previous Day Hi where a sharp spike Fake‘N’Flip shakes the tree before a solid move straight up to the Week PP (it's 1st trouch there, this new week & month)
The market then pushes hard to the next BRN (192.000) and Day (R)1 where it aggregates for about an hour before the final Fake’N’Flip to near the higher RN before the big drop begins right back to the New York Open line again (completing the Bermuda).
The final aggregations then begin for the end of day buyers & sellers in preparation for the new day.
Of course ONLY how I might see it (and I might be wrong hahaa).
Phew, near a 1000 words, but what can I say. Just wanted to say what the day after day charts mean to me and how they might also appear when viewed on a past Simulator candle by candle, delta by delta, plus all the ‘market mechanics’ in between around the many Trader Attractors I look for.
Signing off.
Was a great day. Wishing all traders, old and new, a great end to their week.
Trade safe, trade well all
It’s just that the moves are so specific (imo) that makes it interesting for me
Day Opens left of screen and the market runs to a triple confluence of where traders may be attracted
(new coming in and old closing out at Prev Day Hi, Prior NY Ope and an RN)
Market then does a dynamic reversal down to another triple confluence of where traders may be attracted
(Day PP, Prior London Open & an RN)
Market returns to Day Open and “aggregates” around a BRN (191.000) with both buyers & sellers (likely) showing interest
(maybe ? the market is planning to go up ? but) drives right down to near exactly the current Month Open
Job done ? and the market starts rising aagain & aggregates around the Day PP
At London Open the move begins higher now right back to the Day Open for some more “aggregating”
After a quick fake back to the Day Open the market runs again toward the triple confluence of trader attractors that it did right back in early Asia
Okay, now it’s new York Open and the drive up takes shape to the Previous Day Hi where a sharp spike Fake‘N’Flip shakes the tree before a solid move straight up to the Week PP (it's 1st trouch there, this new week & month)
The market then pushes hard to the next BRN (192.000) and Day (R)1 where it aggregates for about an hour before the final Fake’N’Flip to near the higher RN before the big drop begins right back to the New York Open line again (completing the Bermuda).
The final aggregations then begin for the end of day buyers & sellers in preparation for the new day.
Of course ONLY how I might see it (and I might be wrong hahaa).
Phew, near a 1000 words, but what can I say. Just wanted to say what the day after day charts mean to me and how they might also appear when viewed on a past Simulator candle by candle, delta by delta, plus all the ‘market mechanics’ in between around the many Trader Attractors I look for.
Signing off.
Was a great day. Wishing all traders, old and new, a great end to their week.
Trade safe, trade well all
- #10,866
- Dec 6, 2024 9:54am Dec 6, 2024 9:54am
- Joined Sep 2006 | Status: Trader | 10,702 Posts
every Saint has a past. Every Sinner has a Future
- #10,867
- Dec 6, 2024 3:46pm Dec 6, 2024 3:46pm
- Joined Dec 2018 | Status: Trader | 4,591 Posts
cheers turnip, much appreciated sir, wishing you & yours a wonderful Chrissie ahead pal
- #10,869
- Dec 9, 2024 4:10pm Dec 9, 2024 4:10pm
- Joined Dec 2018 | Status: Trader | 4,591 Posts
{quote} Excellent post as usual...now the hard part is where to enter and exit...lol Regards
Hi W, cheers mate.
Yes, where indeed !!!!
That is the million dollar question that over 10,000 threads here on FF are trying to address & solve
Resolve that 100% and the world is your oyster.
Else we trade on, based on our knowledge & probabilities of the past and try not to get caught out by the MM.
My observations over time are that the market catches traders out, the most, when direction flips & reverses (almost) unexpectedly intraday.
At those points ALL indis get discombobulated
for a (short) period until they realign with what now is going on (else we all do pretty good I reckon)We must not get caught holding onto belief (hope) that the recent prior direction will return and then prove our recent bias and (recent) indi direction correct.
We should only consider what is ACTUALLY happening in the moment imho and not what we desire to happen to justify all our work & current indi behaviours.
Above all else enjoy ourselves. The world (at large) is in a seemingly crazy place at present as tides seem to be shifting everywhere via the daily news.
Last (?) chart for 2024 (who knows lol). It is what it is. Enjoy the festive season break to all
..
- #10,870
- Edited 11:11am Dec 10, 2024 10:15am | Edited 11:11am
- Joined Aug 2006 | Status: Trader | 5,317 Posts
{quote} Yes, where indeed !!!! That is the million dollar question that over 10,000 threads here on FF are trying to address & solve
thereby creating the liquidity to move the market in their direction.
If we can spot the traps, we can try our best to avoid them and only get on board after the trap has been sprung
and follow the hunter not the hunted.
It never gets easier, you just get better
- #10,871
- Dec 12, 2024 4:00pm Dec 12, 2024 4:00pm
- Joined Dec 2018 | Status: Trader | 4,591 Posts
{quote} Last (?) chart for 2024 (who knows lol). It is what it is. Enjoy the festive season break to all
Well I did include a question mark, sorry
Maybe (?) in 2025 I will only post my day after day review charts if the market does NOT run to its same mechanics
, stepping stones & trader attractors 
maybe
Wishing all a wonderful Chrissy & a festive break,
I will likely close my books very early next week and then have a chill week doing something else.
Treat the markets with care always and trade well all .
- #10,872
- Dec 12, 2024 7:13pm Dec 12, 2024 7:13pm
- Joined Dec 2018 | Status: Trader | 4,591 Posts
Sneaking away now
Posting this morning's update (ONLY)
... on a 1min chart as sometimes that is easier to see the steps they might take with the attractors awaiting and how they seem to do it (imho)
.
Posting this morning's update (ONLY)
... on a 1min chart as sometimes that is easier to see the steps they might take with the attractors awaiting and how they seem to do it (imho)
.
- #10,873
- Dec 12, 2024 11:13pm Dec 12, 2024 11:13pm
- Joined Nov 2012 | Status: Naked Chart Samurai | 3,472 Posts
{quote}..... If we can spot the traps, we can try our best to avoid them .........
However, most of the time we can spot a trap only when we are in it.
Success = Practice + Patience + Persistence
- #10,874
- Dec 13, 2024 3:31am Dec 13, 2024 3:31am
- Joined Aug 2006 | Status: Trader | 5,317 Posts
{quote} That would be my directional bias if a trap can be spotted in advance and instead of avoiding it, I would jump in the direction of the trap. Opportunities both ways.
It never gets easier, you just get better
- #10,875
- Dec 13, 2024 5:58pm Dec 13, 2024 5:58pm
- Joined Mar 2004 | Status: Senior Member | 1,633 Posts
{quote} {image}
- #10,876
- Dec 13, 2024 6:04pm Dec 13, 2024 6:04pm
- Joined Dec 2018 | Status: Trader | 4,591 Posts
{quote} And then it is the second mouse ... that gets the cheese.
Exactly Lou
Patience & waiting can be the virtue
- #10,877
- Dec 14, 2024 4:24pm Dec 14, 2024 4:24pm
- Joined May 2010 | Status: Straight line Fest | 3,191 Posts
Hi All
Been a while, convalescing.
Just a couple of ‘interesting vids’, mainly for new traders who may be thinking of parting with their capital for a trading course!
Big shout out to Iman and his diligent work
The second video is hopefully a wake up call.
There is no shortcut in learning to trade!
Andy
Been a while, convalescing.
Just a couple of ‘interesting vids’, mainly for new traders who may be thinking of parting with their capital for a trading course!
Big shout out to Iman and his diligent work
The second video is hopefully a wake up call.
There is no shortcut in learning to trade!
Inserted Video
Inserted Video
Andy
- #10,878
- Dec 14, 2024 8:04pm Dec 14, 2024 8:04pm
- Joined Dec 2018 | Status: Trader | 4,591 Posts
Hi All
Been a while, convalescing.
Just a couple of ‘interesting vids’, mainly for new traders who may be thinking of parting with their capital for a trading course! Big shout out to Iman and his diligent work
Hi Andy,
Welcome back big fella
Can't keep a good man down for long.
Cheers for the vids
and enjoy the festive break ahead 
- #10,879
- Dec 14, 2024 8:29pm Dec 14, 2024 8:29pm
- Joined May 2010 | Status: Straight line Fest | 3,191 Posts
{quote} Hi Andy, Welcome back big fella
On the mend now.
Thought I'd start off with some 'guru' gotchas..
- #10,880
- Dec 18, 2024 10:41am Dec 18, 2024 10:41am
- Joined Sep 2006 | Status: Trader | 10,702 Posts
{quote} Exactly Lou
Have a nice Christmas everybody
every Saint has a past. Every Sinner has a Future