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  • #2,021
  • Jul 4, 2022 2:21am Jul 4, 2022 2:21am
Quoting RickM
{quote} I am just making a point that you can trade Crypto with multiple positions, hedge the hell out of a draw down if you like - with only $10. First trade on Crypto tonight trading spikes BW absolutely fears. I mean who doesn't like a quick prick. {image}
good for you till you hedge your draw down to hell.
  • #2,022
  • Jul 4, 2022 2:55am Jul 4, 2022 2:55am
It’s Monday and Iv’e had to hang out the washing!
  • #2,023
  • Jul 4, 2022 4:23am Jul 4, 2022 4:23am
Quoting RickM
{quote} First trade on Crypto tonight trading spikes BW absolutely fears. I mean who doesn't like a quick prick. {image}
I had a look at the ETHUSD and I can see that BW's value intent method plus George's Targets can also be applied successfully on crypto.
  • #2,024
  • Jul 4, 2022 5:05am Jul 4, 2022 5:05am
Quoting Pumi
{quote}
I had a look at the ETHUSD and I can see that BW's value intent method plus George's Targets can also be applied successfully on crypto.

Hi Pumi,

The funny thing is I looked at Rick’s latest chart also and thought exactly the same thing as you posted.


But the problem, and it’s a BIG ONE apparently, with the coin-stuff is that there is NO guaranteed liquidity to provide any trader their good trade,
at the TIME that the trader wants to trade, ie at the best point on the chart for entry.


A while back I posted a similar potential trade (for another of Rick’s charts) based on what you just said Pumi,
as I saw terrific entries based on Targets, Momentum, Market Mechanics etc.


But here lies the PROBLEM.


The crazy-coin platforms cannot provide you with a guaranteed trade at the time YOU want to trade.

You can ONLY trade the coins (successfully) when the market gets a quick flush of highly intermittent liquidity
which is never apparently at the BEST entry point for a trader such as myself.

And then, if you were even lucky enough to get your trade ON
that once in profit you CANNOT close your trade when you want your TP - as there is again no liquidity available from the crypto broker when YOU want.


So whether delta & volume works,
is quite IRRELEVANT to me as I am told I CANNOT get my trade TAKEN or later CLOSED IN TP on a crypto platform when I want to lol.
How do I know this.
RYURYU TOLD ME lol.


But he told me on the basis that my trade was “useless sh!t” lolololol
When what he really meant was that his crypto platform is what really is “useless sh!t” LOL as it was impossible for me to get my trades entered in the market.


Here’s ryu’s useless to me as a proper trader post about my “guesses” lol
(which were picture perfect trade entry points)

"I said that your "guesswork" is useless shit. You drew lines and say that there was an entry. There was no entry. There were 15$/min volume.
It was IMPOSSIBLE to enter the market."
https://www.forexfactory.com/thread/...4#post14021744



All in reply to my genuinely sent post to Rick on here

"I did have a quick look for about five minutes for you, at the fitfiusdt chart to offer my help.
Charts look all the same to me, the mechanics I mean.
I reckon you missed the best George entry, I hope this can assist in the future."
The George entry imo was the buy at 2:45 today around 0.114
(===> see where it took out the past target on 3 Jun at 17:30)
my profit exit would have been around 0.1174+ when it took out the prior target on 4 Jun 00:30 (known in advance)
https://www.forexfactory.com/thread/...7#post14021437



And I also include here my follow up post to ryuryu
which he promptly blocked lol
so that any crypto traders on his thread couldn't see how ridiculous I thought his post to me was

Hi ryu
What you are saying is not only that .... I CANNOT GET MY TRADE ON .... with your broker
(as there is no liquidity)
that, even if I was lucky enough to do so
that then
I ALSO CANNOT CLOSE MY TRADE ... with your broker
(as there is no liquidity)
This crypto, that you are encouraging folk to migrate their trading to DOES NOT sound to me like a trader’s dream environment
https://www.forexfactory.com/thread/...0#post14021760


To ALL who may feel inclined in any way to trade crypto I can only offer you, imho, the well known business phrase
Caveat Emptor
"Let the Buyer Beware"
  • #2,025
  • Edited 6:41am Jul 4, 2022 6:14am | Edited 6:41am
Hi guys
Hope everything is going well,
I did not want to create controversy with my previous post, I hope that noneone got offended, I just wanted to express how I believe people and I feel about not fully understanding the concepts or how are they explained

Guys could you explain the bwilliams value area please
  • #2,026
  • Jul 4, 2022 6:54am Jul 4, 2022 6:54am
Quoting Frag8383
Hi guys Hope everything is going well, I did not want to create controversy with my previous post, I hope that noneone got offended, I just wanted to express how I believe people and I feel about not fully understanding the concepts or how are they explained Guys could you explain the bwilliams value area please
No offence taken, keep posting.
As for BWilliams value area, if you work it out, then would you let me know but no one else...
  • #2,027
  • Jul 4, 2022 9:17am Jul 4, 2022 9:17am
Quoting moodybot
{quote} No offence taken, keep posting. As for BWilliams value area, if you work it out, then would you let me know but no one else...
No work it out, I will let you know when he tells me
  • #2,028
  • Jul 4, 2022 9:29am Jul 4, 2022 9:29am
Quoting Frag8383
{quote} No work it out, I will let you know when he tells me
Take the target concept from here then study the charts from this guy - ChrissK
samples:
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  • #2,029
  • Edited 10:13am Jul 4, 2022 9:30am | Edited 10:13am
Tomorrow is AUD news, so the weekly plan for AUDUSD Needs plenty luck Maybe LL too
US500 doesn't have much energy to break FRI High, then tomorrow
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  • #2,030
  • Edited 5:35pm Jul 4, 2022 5:17pm | Edited 5:35pm
Hi guys, after reading the delta traders thread, I have figured out from their sample trades how to trade delta scalp without the paid volume delta data. This strategy is best traded with an EA because EA reacts faster than human to the signal, scan many pairs and trade 24/7. The main issue is the cost, ie. spread plus commission. And the reliability of the brokers platform hosting the EA. So have to trade with the correct hosting platform. That's why we read ryuryu trades with his bot. And he has given most of the rules. Cheers
Know what you trade
  • #2,031
  • Jul 4, 2022 5:34pm Jul 4, 2022 5:34pm
Quoting BWilliam
Hi guys, after reading the delta traders thread, I have figured out from their sample trades how to trade delta scalp without the paid volume delta data. This strategy is best traded with an EA because EA reacts faster than human to the signal, scan many pairs and trade 24/7. The main issue is the cost, ie. spread plus commission. And the reliability of the brokers platform hosting the EA. So have to trade with the correct hosting platform. Cheers
Well done J.

Pete can show them manually the ideal entry around the time the trades were shown on the chart.
When he started doing that Ryu blocked him from posting.
Ryu confirmed that Pete would not have been able to either open or close the trade due to lack of liquidity on crypto
Just wondering what your take is on Ryu's statement and whether the method would equally work on Forex.
  • #2,032
  • Edited 6:43pm Jul 4, 2022 6:03pm | Edited 6:43pm
Quoting moodybot
Well done J. Pete can show them manually the ideal entry around the time the trades were shown on the chart. When he started doing that Ryu blocked him from posting. Ryu confirmed that Pete would not have been able to either open or close the trade due to lack of liquidity on crypto Just wondering what your take is on Ryu's statement and whether the method would equally work on Forex.
Hi Andy, commission is fix. The main issue is speed of execution and slippage. We can only know this when we place live trades. MT4 is the worst platform for this strategy. I have no experience with crypto exchange, so ryuryu's take is correct based on his trading experience. I have also figured out why trade Forex with futures volume data instead of trade futures. I would not trade Forex with forex broker, perhaps explore other option. Cheers
Know what you trade
  • #2,033
  • Jul 4, 2022 8:15pm Jul 4, 2022 8:15pm
Quoting BWilliam
{quote} Hi Andy, commission is fix. The main issue is speed of execution and slippage. We can only know this when we place live trades. MT4 is the worst platform for this strategy. I have no experience with crypto exchange, so ryuryu's take is correct based on his trading experience. I have also figured out why trade Forex with futures volume data instead of trade futures. I would not trade Forex with forex broker, perhaps explore other option. Cheers
Thanks J

I can build the EA however I’m sure the usual suspects have found that would be a non-starter on MT4 hence swopping to Crypto and different platform.

Cheers
  • #2,034
  • Edited 10:53pm Jul 4, 2022 9:36pm | Edited 10:53pm
Quoting BWilliam
{quote} Hi Andy, took me equally long time too. We've been saying on real or algo thread. That's 1year repeating the same thing - same conversation. Lol
Still learn and honing my market structure assesment with some journal here and there to get more systematically approach in order refine my trade structuring.

At least i can understand in ONE picture between sir BW over/under value in the context sir George TARGET theory in much more detail with correct view. Very often I overlook the micro fair value and also macro fair value.

Please ignore all my post cause I'm NOT trader, but just a dreamer living with my own imagination.
Like a duck that dreaming that someday stone can float on water .

if we can relate the Pi with the open and close of price in relation with time cycles we will have instruction where to look for the next move with some degree of certainty. May be ???

The sum of all intentions is price itself as CP said, then just focus on is "the sum of all intentions" .... Money/liquidity coming in, money/liquidity coming out.

beyond price randomness lies an intangible construct on how they go about their dynamics.
Attached File(s)
File Type: pdf ETVDataPaperPreprint.pdf   306 KB | 330 downloads
File Type: pdf SSRN-id2934696.pdf   653 KB | 354 downloads
File Type: pdf 2202.12292.pdf   826 KB | 371 downloads
File Type: pdf DissertationDraft_LuyaoZhang_September_2018.pdf   1.5 MB | 412 downloads
  • #2,035
  • Edited 10:42pm Jul 4, 2022 10:25pm | Edited 10:42pm
Quoting deanyakobs
{quote} Still learn and honing my market structure assesment with some journal here and there to get more systematically approach in order refine my trade structuring. At least i can understand in ONE picture between sir BW over/under value in the context sir George TARGET theory in much more detail with correct view. Very often I overlook the micro fair value and also macro fair value. Please ignore all my post cause I'm NOT trader, but just a dreamer living with my own imagination. Like a duck that dreaming that someday stone can...
Hi deano, we have top, bottom targets, and open lines. That's all the tools that's required.

Figure out whether market is going to increase the value or reduce the value of G$.

The question is, at what point on the chart do you know that they will increase/reduce the value ?
Last year I framed the question as, where is the edge on the chart ?
Both mean the same thing.

There's no need for magic math calculations, paid data or fancy indicators.

I wrote many times. Most peoples understanding is given to them. Their understanding has been hijacked by someone else. Until traders realise this it's going to be difficult to free yourself. You keep going back to the same old and doing the same thing that yields the same result.

If you free yourself from the old the chart becomes clear. You know what the market intent is before they happen(you should take no more than a few minutes to figure it out). You don't have to know all of them(avoid this mistake). Like I wrote earlier, trade what you know when you know.

It's simple, don't make it difficult. It becomes difficult when you add on other things that someone else told you. Notice I don't mention anything other than targets and open lines(and your eyes and brains) - I have to emphasise this over and over again.

After reading this thread and many others I find that the real problem is people don't believe it's that simple. The problem is belief. Most people are looking for something sophisticated, they believe in fancy, sophisticated ideas. So they jump from thread to thread, follow gurus after gurus hoping to find the magic sophisticated indicator, wrote earlier, most people are "indicator" traders. They stopped looking and thinking. It's not about not helping, it's about only accepting help if the help fits what the trader is looking for - that's the problem.

Look at the G$ chart I post below. It's SIMPLE !!! Cheers
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Know what you trade
  • #2,036
  • Edited 10:54pm Jul 4, 2022 10:38pm | Edited 10:54pm
Quoting BWilliam
{quote} Hi deano, we have top, bottom targets, and open lines. That's all the tools that's required. Figure out whether market is going to increase the value or reduce the value of G$. The question is, at what point on the chart do you know that they will increase/reduce the value ? Last year I framed the question as, where is the edge on the chart ? Both mean the same thing. There's no need for magic math calculations. I wrote many times. Most peoples understanding is given to them. Their understanding has been hijacked by someone else. Until traders...
Aha, you NOW like sir GeorgeAus, ... MAN.
Too generous sharing your wisdom.
Why FLYING DUTCHMAN GANG share the same trait here.
An OPEN and HONEST mathematical construct. That is CONSTANT and CONSISTENT.

Greatlly appreciate ALL GHOST input here.
Oh, my Ghost

My big mouth again
Sorry for that

Thaaanks Sir BW
Cha ... cha

By the way, my name is not deano but dC that stands for dog of Christ
That's what they call me and treat me everyday in my country, but thats my HAPPINESS.
I'm just a dog with human minds
  • #2,037
  • Jul 4, 2022 10:54pm Jul 4, 2022 10:54pm
Let me try to open the eyes and minds.

Look at the GY chart.

If all the paid data, sophisticated ideas and fancy indicators can't tell that GY raised value 120pips from the open this morning, what use is all that sophistication ?
(Fact is all yen rose value, that's how clear the market is)

If all the paid data, sophisticated ideas and fancy indicators can't tell that GY dropped value 400pips from the open on Friday, what use is all that sophistication ?

This is the turning point for me - it woke me up many years ago.

I stopped thinking stupid.
Hard truth that hurt.

Perhaps traders need 1000pips before a few realise the nonsense that's written on FF.

Time to take a break. See you all.
Happy trading everyone.
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Know what you trade
  • #2,038
  • Jul 4, 2022 11:00pm Jul 4, 2022 11:00pm
Quoting BWilliam
Let me try to open the eyes and minds. Look at the GY chart. If all the paid data, sophisticated ideas and fancy indicators can't tell that GY raised value 120pips from the open, what use is all that sophistication ? If all the paid data, sophisticated ideas and fancy indicators can't tell that GY dropped value 400pips from the open on Friday, what use is all that sophistication ? This is the turning point for me. I stopped thinking stupid. Hard truth that hurt. Cheers {image}
GOOD MORNING BWILLIAM
Thnks for sharing valuable knowledge
i understood this from your pic
is this correct?
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  • #2,039
  • Jul 4, 2022 11:17pm Jul 4, 2022 11:17pm
Quoting BWilliam
Let me try to open the eyes and minds. Hard truth that hurt. Perhaps traders need 1000pips before a few realise the nonsense that's written on FF. Time to take a break. See you all. Happy trading everyone. {image}
“The greatest enemy of knowledge is not ignorance, it is the illusion of knowledge.” -Stephen Hawking
  • #2,040
  • Jul 4, 2022 11:29pm Jul 4, 2022 11:29pm
Quoting venkatredy
GOOD MORNING BWILLIAM Thnks for sharing valuable knowledge i understood this from your pic is this correct? {image}
Goodmorning venkatredy, mark the chart up then watch real time market, static historical chart is not enough. Always thinking, is market going to revalue upwards or downwards. At which point in real time market is this value intent clear to you? Some day you will gain this skill just like learning any other skill, repetition is the aid to learning - that's how the prata man makes prata(first 1000pcs bad, thereafter he becomes prata guru). Keep practising the same thing day after day. Cheers
Know what you trade
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