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  • #3,461
  • Edited 4:56am Sep 23, 2022 4:39am | Edited 4:56am
Got a decent setup (GBP/JPY) and EUR/AUD after 2 days of no trade. Obviously there were lots of trades that could have been taken but i just didn't see them live or was not as per the rules i have set. Was a quick 60 and 40 odd pips. Profit was taken a bit early. Learning to be patient.
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  • #3,462
  • Edited 5:20am Sep 23, 2022 4:57am | Edited 5:20am
Quoting whitesta
Hi BWilliam, is there a special formula to calculate the Demarcation Line?
Hi whitesta, yes but the formula is not that important.
(How many times have I written I see most of the market analysis from the mt4 apps on the phone?)

It's the idea behind the formula that track the value of the asset in a dynamic way that's important.

What I try to tell on forum is this idea of market trade around the perceived value of the asset, that's what make price go up and down. Sharingan's posts explain it nicely.

The main marker of this value is the open lines.
I have written repeatedly so many times the importance on this thread.
And posted so many charts showing the role of open lines.
Market either close above or below it, depends on the value intent.
So, value intent is much more important than the lines and hi/lo boundaries.
Therefore, close line is naturally more important than open line.
Cheers

***after every trade we make, look back to see if it was inline with the intraday value intent, or we traded the opposite way. We have to check our mindset why we traded opposite.
Know what you trade
  • #3,463
  • Sep 23, 2022 5:11am Sep 23, 2022 5:11am
Quoting angelofx
{quote} I was hoping i'd get some clarification. Bwilliams draws a line and it's a word that's been used a lot so i reckon it must be a very important tool at his disposal. I was hoping he'd shed some light on how it's derived. edit: i see he's expanded on it let's see if we learn a thing or two from his posts
No worries thanks.
  • #3,464
  • Sep 23, 2022 5:14am Sep 23, 2022 5:14am
Quoting BWilliam
{quote} Hi FWR, 1.1514 is the open for Sep6. Perhaps the better word is cycle instead of hemisphere. A demarcation is a price that denote the crossover point whether market will take value higher/lower or not. There are many examples in yesterday's volatile market. Cheers
Cycle sounds good BW.
This demarcation thingy seems obfuscated from your posts. If there is a formula it would be easy to see it. Otherwise it's needle in a haystack. Point of control volume profile perhaps it is.
Thanks.
  • #3,465
  • Sep 23, 2022 5:44am Sep 23, 2022 5:44am
Guys, there are plenty of simple open line trades in London session today.

Don't this tell you the importance of open lines? Cheers
(was there any support/resistance lines?
Was it at day high/low?)
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Know what you trade
  • #3,466
  • Sep 23, 2022 6:02am Sep 23, 2022 6:02am
Quoting BWilliam
{quote} Hi whitesta, yes but the formula is not that important. (How many times have I written I see most of the market analysis from the mt4 apps on the phone?) It's the idea behind the formula that track the value of the asset in a dynamic way that's important. What I try to tell on forum is this idea of market trade around the perceived value of the asset, that's what make price go up and down. Sharingan's posts explain it nicely. The main marker of this value is the open lines. I have written repeatedly so many times the importance on this thread....
I have been a very silent reader of this thread, mainly because the idea resonates with me after spending years going in circles. Though I learnt alot while going in circle which makes me appreciate what is being presented here.

I have written some messages for Bwilliam which I didn't send mainly because I thought it doesn't make sense at the end of the day. But after you posted about high/low and Demarcation, I am forced to say some of the things I think is nonsense because I have been working on this high/Low and Demarcation idea for sometime now but not in the conventional way. But rather as hemisphere( buy and sell) just like CP calls them. Because just like DKrock said which I agree, at the end of the day, I believe price does two things, it either moves up or down taking out highs and Lows. Even if price is ranging as we call it, it is still moving up and down, Just not profitable in a trading sense.

I'm still trying to wrap my head around this value intent and Demarcation. Bwilliam, from the chart you posted about Demarcation, is it correct to say that the Demarcation line is the Mid of the high and low. That chart was a USDJPY H4 chart. From high to low was 55 pips. The Demarcation line is 27.5 pips.

Does it make sense or I'm I talking nonsense, loll. If I am making sense, How do you use the Demarcation line to make decision.

Kind Regards
David
Market moves up or down
  • #3,467
  • Sep 23, 2022 6:07am Sep 23, 2022 6:07am
Quoting BWilliam
Guys, there are plenty of simple open line trades in London session today. Don't this tell you the importance of open lines? Cheers (was there any support/resistance lines? Was it at day high/low?) {image} {image} {image} {image} {image} {image} {image}
I have always been obsessed with open line because the is always a movement away from it. I see it a very important line.

Crucial point said it best that 95% of the time, price will close above or below an open line. Meaning the is alway a guaranteed movement.
How to know which direction is another story on its own.

Back to my shell while I try to grasp as much as I can from you all.

EDIT:
In USDJPY chart, how do you handle the multiple crosing and range around the open line?
Market moves up or down
  • #3,468
  • Sep 23, 2022 6:29am Sep 23, 2022 6:29am
G$ trading into armageddon the day after. Cheers
https://www.scotiabank.com/ca/en/abo...-22-2022-.html
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Know what you trade
  • #3,469
  • Edited 7:34am Sep 23, 2022 6:43am | Edited 7:34am
Quoting David0
I'm still trying to wrap my head around this value intent and Demarcation. Bwilliam, from the chart you posted about Demarcation, is it correct to say that the Demarcation line is the Mid of the high and low. That chart was a USDJPY H4 chart. From high to low was 55 pips. The Demarcation line is 27.5 pips. Does it make sense or I'm I talking nonsense, loll. If I am making sense, How do you use the Demarcation line to make decision. Kind Regards David
Hi David, I wrote it here.
Quoting BWilliam
A demarcation is a price that denote the crossover point whether market will take value higher/lower or not.
If market calibrate value above it means we look for buy opportunity.
Or if market calibrate value below it means we look for sell opportunity.
(The hemispheres need not be congruent.)

Take the G$ example above, we look for opportunity to sell today and expect market to trade lower than dol. Cheers

Quoting David0
EDIT: In USDJPY chart, how do you handle the multiple crosing and range around the open line?
Don't touch the trade button until the value intent becomes clear, as in there's only one option left in your logical mind.
(How will UJ close today?)
Know what you trade
  • #3,470
  • Sep 23, 2022 6:51am Sep 23, 2022 6:51am
Quoting BWilliam
G$ trading into armageddon the day after. Cheers https://www.scotiabank.com/ca/en/abo...-22-2022-.html {image} {image}
Thanks.
Your chart shows a zone flip.

Cheers...
  • #3,471
  • Sep 23, 2022 7:03am Sep 23, 2022 7:03am
Quoting BWilliam
{quote} Hi David, I wrote it here. {quote} If market calibrate value above it means we look for buy opportunity. Or if market calibrate value below it means we look for sell opportunity. Take the G$ example above, we look for opportunity to sell today and expect market to trade lower than dol. Cheers {quote} Don't touch the trade button until the value intent becomes clear, as in there's only one option left in your logical mind. (How will UJ close today?)
Don't touch the trade button until the value intent becomes clear. Thank you Bwilliam.
Market moves up or down
  • #3,472
  • Sep 23, 2022 7:52am Sep 23, 2022 7:52am
Quoting OAPDave
{image}{image}
Using the Daily open price as the line in the sand for a C to D trade is very logical.
MY GRID. Markets are NOT random.
  • #3,473
  • Sep 23, 2022 8:28am Sep 23, 2022 8:28am
Quoting OAPDave
{quote} Tony Yes I agree for Dailies The post shown is that of 60min Opens ps Have your grid set as the same Templates Just that I have added the Opens to the Start Date Did not think it was correct to show here, without seeking your permission first {image}
How do you trade this, scalp hourly and look for 5-10 pips?
The market hides a perfect geometry.
  • #3,474
  • Sep 23, 2022 9:10am Sep 23, 2022 9:10am
Have the balls to pull the trade at the head of the new hour, scalp 20pips and be gone in 5m. That's quick scalp 1m chart. Cheers.
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  • #3,475
  • Sep 23, 2022 9:52am Sep 23, 2022 9:52am
Quoting tonyb123
{quote} Using the Daily open price as the line in the sand for a C to D trade is very logical.
I hate myself. Here is another cryptic post again that speaks in latin, what if X to Z is more logical?

Now due to my inherent curiosity, I can't help myself but look into this and waste my time again and not even finishing a lot of things.LOL
The market hides a perfect geometry.
  • #3,476
  • Sep 23, 2022 9:57am Sep 23, 2022 9:57am
Super quick scalp at RN, in out the next min for 20pips. Scalping is fun when there's nothing else to trade.
Scalping is one thing, scalp 20pips against the trend is difficult.
Attached Image (click to enlarge)
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  • #3,477
  • Sep 23, 2022 10:10am Sep 23, 2022 10:10am
Quoting OAPDave
Tony runs his own thread and to be honest its very very good, he use a the old ABCD pattern in his own unique style, now I must confess I just do not quite understand it at times, so much to Tony's disgust, I cheat whilst still trying to grasp his style of looking at ABCD patterns or Zig Zags to you and me I have spotted a breakout pattern as I have posted using measured moves Here is a view of if his Grid IT may over power you at first, but believe me its very very good {image} {image}
Dax is super fast though.
Know what you trade
  • #3,478
  • Edited 10:29am Sep 23, 2022 10:12am | Edited 10:29am
Quoting OAPDave
Tony runs his own thread and to be honest its very very good, he use a the old ABCD pattern in his own unique style, now I must confess I just do not quite understand it at times, so much to Tony's disgust, I cheat whilst still trying to grasp his style of looking at ABCD patterns or Zig Zags to you and me I have spotted a breakout pattern as I have posted using measured moves Here is a view of if his Grid IT may over power you at first, but believe me its very very good {image} {image}
Holy flying spaghetti. The lines even overpowered the black void, I'm just a man with simple dreams. This is some multiverse and multidimensional sh*t of the caliber of CrucialPoint (who has million on his account but traded using specialized indicators that he will bring to his grave).

And here I thought BWilliam's open lines and demarcations (mean) and closing (intent determiner) are crazy.

Everyday in FF we get something even crazier, and cryptic of course (with added 10 pages of psychology rivaling even Freud and Carl Jung ). LOL

Now I am sure, it is not that 95% are loosing but the truth is 95% are lost!
The market hides a perfect geometry.
  • #3,479
  • Sep 23, 2022 10:50am Sep 23, 2022 10:50am
I'm done for the day, and thought I'd finish the week here on FF with a final chart of the GBP/USD (much of what I've traded this week in the GBP/USD, applies to the EUR/USD and the USD/CAD, which are the currencies I focused on this week). Have a good weekend and keep an eye on the news this weekend!
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  • #3,480
  • Sep 23, 2022 10:55am Sep 23, 2022 10:55am
Quoting FulMargnAlch
{quote} Holy flying spaghetti. The lines even overpowered the black void, I'm just a man with simple dreams. This is some multiverse and multidimensional sh*t of the caliber of CrucialPoint (who has million on his account but traded using specialized indicators that he will bring to his grave). And here I thought BWilliam's open lines and demarcations (mean) and closing (intent determiner) are crazy. Everyday in FF we get something even crazier, and cryptic of course (with added 10 pages of psychology rivaling even Freud and Carl Jung ). LOL Now...
All I can do is Carl Jung

Grid is adjustable, Dave likes the smaller moves so it is more lines.
MY GRID. Markets are NOT random.
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