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Flying Dutchman

  • #1,401
  • May 19, 2022 7:21pm May 19, 2022 7:21pm
Quoting moodybot
{quote}
................ because everyone knows the only viewpoint … is the wife’s!!!!!!

You've got it right Andy,

Happy wife, happy Life
  • #1,402
  • May 19, 2022 7:34pm May 19, 2022 7:34pm
Quoting TimeTells
{quote} You've got it right Andy, Happy wife, happy Life
Too right Pete, just don’t let them meet the girlfriend!
  • #1,403
  • May 19, 2022 8:18pm May 19, 2022 8:18pm
Quoting moodybot
{quote}
Too right Pete, just don’t let them meet the girlfriend!


I know you're only joking pal you love a windup
  • #1,404
  • May 19, 2022 9:22pm May 19, 2022 9:22pm
Quoting TimeTells
{quote} I know you're only joking pal you love a windup
  • #1,405
  • May 19, 2022 10:07pm May 19, 2022 10:07pm
Quoting TimeTells
Regardless of the clothes you wear, I mean the pairs you watch, we might if we wish to try and start each day with a viewpoint. {image}

Quick chart update from three hours ago.

Asia Mechanics
which are often different to Franky/London Mechanics
and then the final New York Mechanics, don't start me lol, they are but a law unto themselves imho

anyways, asia
( very sorry, only got horizontals here )

.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15 1st tgt asia is reached from day open break direction.png Size: 15 KB
  • #1,406
  • May 20, 2022 12:22am May 20, 2022 12:22am
Quoting TimeTells
{quote} Quick chart update from three hours ago. Asia Mechanics which are often different to Franky/London Mechanics and then the final New York Mechanics, don't start me lol, they are but a law unto themselves imho anyways, asia ( very sorry, only got horizontals here ) . {image}
Why you choose #3? Why not 1 or 2? Because they were not triggered?
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 29 KB
Observer effect
  • #1,407
  • May 20, 2022 12:43am May 20, 2022 12:43am
Quoting ryuryu
{quote}
Why you choose #3? Why not 1 or 2? Because they were not triggered? {image}

Hi ryu
Swing target trading can be difficult for you to grasp, let me have a shot at explaining please.

#3 was the most recent (therefore nearest Target) swing target to todays price.

ie when you look at where you have #1, and where you have #2 you will see that #3 would be the 1st target that the market MUST touch on its way up

I guess there could be a random gap open up in the market just before price reached #3
and then the price gap could jump over #2 AS WELL I guess just to reach #1 first.
But as you will see the market did not jump over #3 so in a linear move, well, it just HAD to reach #3 before the others (physics)
I hope you can undersstand that.

What the market does after reaching the "first" target I never know in advance. I have yet to find someone who does in advance.

But it did reach the first logical swing target (your #3), you can see that yeah.

To help you, when the market reaches out for the Targets, you also do not need to hold your trade open to the very last 1/10th of a pip.
That trade could have been closed out for a 25p profit with the target still some 4 pips up ahead. But that is up to you when you take your profit.

And wasn't it amazing then how the reversal went right back to the Daily Open. The Day Open makes so much sense to the market doesn't it.


(edit: ps and goodness me ryu just look at what happened right now.
Let me show you another chart, pls give me a couple of minutes, you will love it, and see how swing trades AND targets are a market makers delight)
  • #1,408
  • May 20, 2022 1:03am May 20, 2022 1:03am
Hi ryu

Now first have a look at the chart I posted for you way before the initial target stretching had even begun.
At which point would price go up to a target or down to a target? Myself, I let the market make IT'S decision, it knows best I've found.

On this first chart from this morning if price starts moving (either direction) you will see there is always a first target to be reached even though I will put up all the targets that are inside the 15m chart at the time.

I hope you now understand that without price just "jumping over" the first target in its path, then the first target it reaches is the NOW target I am looking at.

Once that Target has been reached, I will sit back and let the Market show its next move.

So here's the first chart posted this morning at which time I whould be just waiting for the Market to makes its move
(I've found that's better than trying to predict).

I called this chart Opening Daily Viewpoint, where I am looking for action away from the D.O. to the FIRST target either up or down.

.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15 opening daily viewpoint.png Size: 11 KB
  • #1,409
  • May 20, 2022 1:12am May 20, 2022 1:12am
Quoting TimeTells
#3 was the most recent
It is not. How about these two? Why not?

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB
Observer effect
  • #1,410
  • May 20, 2022 1:15am May 20, 2022 1:15am
Hi again ryu

The Market chose an up move and reached the first target in its path ... ie it didn;t jump over the first target - your #3 ... to get to your #2 or #1
The Market wanted #3 which was the first Target in its path. Why did it want this one and NOT your #2 or #3, I do not know, only the market knows.

BUT is did go to its first target on my chart above, and then what ... who knows, I don't.

But the market reversed, some 41 pips back to the Say Open Line (that made good sense to me)
A trader with caution could have been able to get 18-20 pips out of that full 41p move (should they close AT or just before the Day Open Line)
At which point, and now back at the Day Open, myself I would have again sat back & waited, and let the Market decide its next move (it knows best)

Here's the 2nd chart I posted, yes I did mention - I had forgotten - that at that point I/we ahould assess "where to now, just wait & observe"

.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15 1st tgt asia is reached from day open break direction.png Size: 15 KB
  • #1,411
  • May 20, 2022 1:15am May 20, 2022 1:15am
Quoting TimeTells
I hope you now understand that without price just "jumping over" the first target in its path, then the first target it reaches is the NOW target I am looking at.
Price is not jumping. Price is the indicator. Market orders move the market.

And Q #2: where is your ENTRY?
Observer effect
  • #1,412
  • May 20, 2022 1:17am May 20, 2022 1:17am
Quoting ryuryu
{quote}
It is not. How about these two? Why not? {image}

A bit too close to the DO for me, and no established direction, and definateky NO trade for me only 30 mins after the new day started, with GJ the spread could still be between 40 to 100 points. Why trade there ?
  • #1,413
  • May 20, 2022 1:20am May 20, 2022 1:20am
Quoting TimeTells
{quote} A bit too close to the DO for me, and no established direction, and definateky NO trade for me only 30 mins after the new day started, with GJ the spread could still be between 40 to 100 points. Why trade there ?
Ok, next time we will check if

1. A bit too close to the DO for you
2. established / no established direction
3. < 30 mins after the new day
4. Spread between 40 to 100 points
Observer effect
  • #1,414
  • May 20, 2022 1:21am May 20, 2022 1:21am
Quoting ryuryu
{quote}
Price is not jumping. Price is the indicator. Market orders move the market. And Q #2: where is your ENTRY?

Of course it is not Jumping LOLOLOL. You are the one who suggested your target #1 and #2 were the targets LOL

But how could they get to your #1 or #2 and therefore past your #3 which was MY first target ... without jumping over it

and if they didnt JUMP over your #3 to get to your #1 or #2 then can you see that logically price would HAVE to hit my first target first (your #3 )
How could it not hit my first target (your #3) first

But that is still not the excitement you will get from the next chart
  • #1,415
  • May 20, 2022 1:40am May 20, 2022 1:40am

Hi ryu, please have a look at again at this chart in the post quote above.

This was the first chart posted early this morning.

The light orange target Lines (you will see them as Horizontal), the FIRST targets that is,
AND are always the Targets, which are the NEXT ones both above AND below current price

(They are NOT the Targets that you have pointed to (#1 & #2 ryu) where price would have to JUMP my first ones,
to reach yours first, but also not to touch my first ones ...well ... first) I hope I have cleared this up for you.

So, (lol)

on the chart I post quoted above, you have already seen how price REACHED my first listed orange horizontal target - and then reversed back to the D.O. where we/I am waiting to see what the Market does next

Look closely NOW at the "first" target BELOW the Daily Open Line
(not the targets below the first ones or and below them again #2, #3#4 etc- please focus on the FIRST target this time that is below the DO).

Then look what magic the market "appears" to have perfomed, when in fact this is really just the Market Mechanics & Market Behaviour that I study.
(no data, no delta, just market observation).

And once the market took out the FIRST target above the Daily Open this morning, it then went back to the Daily Open and then

went down to the first target BELOW the D.O. , and ......... then ...........

went back UP to the ........ Daily Open Line yet again.

(these are just 3 simple horizontal lines ryu, the daily open, the first target above the D.O. and the first target below the D.O. - not really so complex, I do have other targets, BUT I dont have to re-assess whether my data lines are fake, or if there is enough money in the pool to warrant a trade - the market does its mechanics I notice regardless - in fact I reckon we operate in VERY thin liquidity MOST of the time in Retail Forex)

.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15 first target above and first target below.png Size: 12 KB
  • #1,416
  • Edited 1:56am May 20, 2022 1:45am | Edited 1:56am
Quoting ryuryu
{quote}
Ok, next time we will check if
1. A bit too close to the DO for you
2. established / no established direction
3. < 30 mins after the new day
4. Spread between 40 to 100 points


Crikey, George had 50 filters lol, and you fall over contemplating four.

Methinks you are not a genuine poster ryu,
I do not for a moment think you are genuinely interested in learning swing target trading.

Buy hey, ryu, anybody reading this Andy's thread in the future could always start around Page 51 and see what you have brought to the table here.

all the best with the crypto ryu, I'll stick to my known currencies
  • #1,417
  • May 20, 2022 2:29am May 20, 2022 2:29am
Quoting TimeTells
{quote} Crikey, George had 50 filters lol, and you fall over contemplating four. Methinks you are not a genuine poster ryu, I do not for a moment think you are genuinely interested in learning swing target trading. Buy hey, ryu, anybody reading this Andy's thread in the future could always start around Page 51 and see what you have brought to the table here. all the best with the crypto ryu, I'll stick to my known currencies

You have a great deal of patience Pete, but for me, he burnt that bridge ages ago. A masterclass.
Hats off too you for taking the time, but I detect a closed mind with preconceptions, I'm sure others will benefit from it though.
  • #1,418
  • May 20, 2022 3:01am May 20, 2022 3:01am
Quoting ryuryu
{quote} Price is not jumping. Price is the indicator. Market orders move the market. And Q #2: where is your ENTRY?

Market orders do not explain pip accurate reversals and targets operating on a fractal basis on all time frames, what you see on Pete's M15 will be replicated on other timeframes other pairs, in fact every chart you can open will show the same moves.
Reversal points are stablished during the previous move, always and as the day progresses future targets are set.
What comes first, chicken or the egg?
Pete, Kev, Dave and I see the same structure, everyday the same structure, it's not a joke, no one is ringing your bell, you either see it, or you don't but here's the rub, we all trade it via different methods.
  • #1,419
  • May 20, 2022 3:31am May 20, 2022 3:31am
Dear peeper,

George theory about TARGET and MM psycho are CLASSIC

And add BWilliam nuggets is GOOD

Thanks you Andy, Moody and the GANG

Best Regards
  • #1,420
  • Edited 3:46am May 20, 2022 3:35am | Edited 3:46am
Quoting moodybot
{quote} Market orders do not explain pip accurate reversals and targets operating on a fractal basis on all time frames
Sure, sure, sure. But magic explains it.

Anyway, where is your entry? Show one real trade and explain why you picked that entry?

Looks like your "rules" changing depending what you want us to see. You check chart back and only then apply "some" of your 100+ rules to fit the curve.

Here is my entries:
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 96 KB

Crystal clear. Hard rules. No static values. No predictons. No "let me pick 4 rule from my 100 rule storage".

Show me yours!

p.s. but please avoid talking about "I just feel the market", million hours of screen time, 10 years of "trading" experience and other non-existent things. Just fact. Here entry. Rules are. Here exit. Rules are.
Observer effect
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