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  • #5,641
  • Edited 9:18am Mar 6, 2023 8:58am | Edited 9:18am
Example -


EY hit 83% adr or 98pips.

Question, which method/strategy found in the strategy section of FF picked up this 50pips minimum h4 intent intraday swing move?

More important, can you visually see it's h4 intent that give this 50pips minimum intraday swing move?
Which is less than 50% adr.

Are we saying there's none among the thousands out there??? Zero???

Ok, how about since no one proposed anything,

How about lets reduce it to intraday swing 30pips minimum move ?

Start by finding out real facts.
This is my contribution to FF, spur acquisition of real facts from ground zero.

So that trading conversations stay factual.
And real facts strike you hard make you wake up to reality.
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Know what you trade
  • #5,642
  • Mar 6, 2023 8:58am Mar 6, 2023 8:58am
Quoting fxpider
{quote} I went through your posts a couple of times, still don't get it properly. The value intent is quite clear which is 50 pips for the next expansion and that should be within the ADR (20). What about the directional intent? How do you find and know the directional intent in H4? ( as the H4 intent and H4 candles form the secret sauce). Please guide us to see the intent that you mentioned in the following chart. {image} Cheers !!
Exactly FXP.
  • #5,643
  • Edited 9:41am Mar 6, 2023 9:25am | Edited 9:41am
Quoting fxpider
{quote} I went through your posts a couple of times, still don't get it properly. The value intent is quite clear which is 50 pips for the next expansion and that should be within the ADR (20). What about the directional intent? How do you find and know the directional intent in H4? ( as the H4 intent and H4 candles form the secret sauce). Please guide us to see the intent that you mentioned in the following chart. {image} Cheers !!
Hi fxpider, I understand your question perfectly.

Read my post above carefully and appreciate the shortfall between the thousands of methods/strategies on the strategy section and this simple 50pips minimum intraday swing move. Proper realisation and appreciation is the real starting point. Cheers

Now that you know, have assumed some realisation with slightly opened eyes and mind, I have a controversial question for everyone,

Do you still think and insist all methods and strategies are equal?

Do we and can this conversation continue to remain factual?

Or do we go back to our usual conversation the way you prefer to frame them?

Your call.

This is my contribution to FF community. Cheers

https://www.forexfactory.com/thread/...0#post13464160
Know what you trade
  • #5,644
  • Edited 9:55am Mar 6, 2023 9:41am | Edited 9:55am
Quoting fxpider
{quote} I went through your posts a couple of times, still don't get it properly. The value intent is quite clear which is 50 pips for the next expansion and that should be within the ADR (20). What about the directional intent? How do you find and know the directional intent in H4? ( as the H4 intent and H4 candles form the secret sauce). Please guide us to see the intent that you mentioned in the following chart. {image} Cheers !!
Let me try to explain here.

Market Opens moves 33% of the ADR in the first H4 candle of the day 0:00 hrs start time.

If the ADR is eg. 120 pips, the market must move 40 pips before you can evaluate Market Intent.

You are entering the trade after this has been breached and expect the market to at least make the next 50 pips ( your target).

which would mean you still have left 30 pips on the table of the 120 ADR.

You would have to pick pairs that would have a large enough ADR for it to work, such as GU, GJ, EJ etc.

Move the 0.00 level of fib to the market Open and project 33% Up or Down. Not the High or Low Point of the current day.

Edit: From Dave's post, in his example he has 25% ADR as an entry level, you have to decide what works for you best :

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It never gets easier, you just get better
  • #5,645
  • Mar 6, 2023 9:51am Mar 6, 2023 9:51am
Quoting Shabs19
{quote} Let me try to explain here. Market Opens moves 33% of the ADR in the first H4 candle of the day 0:00 hrs start time. If the ADR is eg. 120 pips, the market must move 40 pips before you can evaluate Market Intent. You are entering the trade after this has been breached and expect the market to at least make the next 50 pips ( your target). which would mean you still have left 30 pips on the table of the 120 ADR. You would have to pick pairs that would have a large enough ADR for it to work, such as GU, GJ, EJ etc. Edit: From Dave's post,...
  • #5,646
  • Edited 5:01pm Mar 6, 2023 9:56am | Edited 5:01pm
Quoting Shabs19
{quote} It's best to have GMT +2 charts, imho, avoids Sunday Candles. Based on NY Close.
I have thought a lot about broker timezones...

I agree with the choice of a broker with a timezone that results in 5 Daily candles per week. Lots of people call this "GMT+2", but IMHO there is a better name for the timezone name.

First of all, "GMT" is *supposed* to be a year round standard that never changes due to any ST/DST schedule, but sloppy usage -- including using the label for the time in London/U.K. year round -- has caused confusion. When referring to a timezone that never changes for DST, I prefer "UTC" (Universal Time Coordinated).

( Tip: When figuring out world-wide times in various zones, I often refer to this World Timezone Map )

However, since these 5-Daily-candles-per-week broker feeds *do* change per the USA DST schedule, then the timezone name really should refer to a USA timezone but with the appropriate hourly offset.

In New York, the 3-letter timezone name is either "EST" (Eastern Standard Time) or "EDT" (Eastern Daylight Time). Now some would understand just "ET" as Eastern Time that follows the US DST schedule, but to say "NY" is even more clear (esp. for International traders) because it means whatever time it is in New York, year round.

The offset from UTC+2 (winter) to NY is -7, so the best TZ name for brokers with 5 Daily candles is almost always "NY-7". This is accurate year-round. It is the correct label for a broker feed with 5 Daily-candles-per-week, *if* the data feed has the exact same broker time for every Friday H1 Close candle of the year, and every Monday H1 Open candle of the year. Ideally it will have 120 H1-bars-per-week. (However, some feeds using this schedule might only give 119 H1-bars-per-week when USA/U.K(=Europe) DST schedules are different. It may still be a 'NY-7' feed, but truncated H1 bars a few weeks of the year).

On occasion, I have seen some U.K. broker feeds that have 5 Daily candles per week, year round, but by careful observation one can see that the Friday/Monday H1 Close/Open times change according to the U.K/Europe DST schedule. These feeds may then have 119 H1 candles instead of the usual 120. A better timezone name for such feeds is often "LON-2". (Or could be "Frankfurt" or "Helsinki", but those are not going to be popular as TZ names for everyone).

New York and London are the main markets Forex traders pay most attention to, so it makes better sense to refer to those cities in timezone names.


Bottom line: "NY-7" is the best timezone label for most broker feeds with 5 Daily-candles-per-week.

Next 'best' broker timezone feeds are: "NY" and "UTC" (no changes for DST). Both of these have 6-Daily-bars-per-week.

P.S. Please note that there can be really strange hybrid broker feeds, which IMHO makes them almost useless for proper analysis if one straddles a transition date.

For example, Forex.com (which claims to be the largest U.S. Forex broker), used to be a "UTC" feed, but on 2020-Jun-07(**Corrected typo that was wrong: 'Jan'), they changed to a "NY-7" feed! They did not go back in time and shift/regenerate the candles to be consistent! (Pisses me off, so I prefer other broker feeds for higher-TF / long-term analysis).
  • #5,647
  • Mar 6, 2023 10:05am Mar 6, 2023 10:05am
Quoting BWilliam
{quote} Hi fxpider, I understand your question perfectly. Read my post above carefully and appreciate the shortfall between the thousands of methods/strategies on the strategy section and this simple 50pips minimum intraday swing move. Proper realisation and appreciation is the real starting point. Cheers Now that you know, have assumed some realisation with slightly opened eyes and mind, I have a controversial question for everyone, Do you still think and insist all methods and strategies are equal? Do we and can this conversation continue to remain...
Honestly speaking, your input since the weekend has tickled the analytical part of my mind. And, I really appreciate that. However, I have zero interest in comparing your method/ strategy with any other. I simply asked for your help as the above-mentioned H4 intent was not clear to me and I am still in the dark.

Cheers!!
Success = Practice + Patience + Persistence
  • #5,648
  • Mar 6, 2023 10:06am Mar 6, 2023 10:06am
Simple lines. Like me.
Long over open line. An idea I picked up on this thread.Thanks guys.
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every Saint has a past. Every Sinner has a Future
  • #5,649
  • Mar 6, 2023 10:06am Mar 6, 2023 10:06am
Quoting Shabs19
{quote} Let me try to explain here. Market Opens moves 33% of the ADR in the first H4 candle of the day 0:00 hrs start time. If the ADR is eg. 120 pips, the market must move 40 pips before you can evaluate Market Intent. You are entering the trade after this has been breached and expect the market to at least make the next 50 pips ( your target). which would mean you still have left 30 pips on the table of the 120 ADR. You would have to pick pairs that would have a large enough ADR for it to work, such as GU, GJ, EJ etc. Move the 0.00 level of fib...
Shabs , see how important is it to make mental shifts so that you continue to remain factual while you demand more from yourself?

It's a journey of learning as well as discovery. Ask for answers from within yourself, don't take shortcut expect handouts. Tiny steps keep moving forward. Cheers
Know what you trade
  • #5,650
  • Edited 10:47am Mar 6, 2023 10:18am | Edited 10:47am
I have a few thoughts to share regarding intent to target.

First, you have to be competent in identifying targets. Targets from the 4H are important, but there will be daily targets that result from the unfolding of PA. The basic idea here is simply, bankers trade from target to target, and you must understand 4H and daily targets. Note: FAs are intent disrupters.

In the attached chart, intent comes into play at targets, noted by the circles. Previous intent can move PA beyond the target, but the possibility of a change in intent should be investigated at targets. (I have my method to identify the high-probability changes in intent (e.g., the turn) and then taking my first trade). Once the market begins to follow through on intent, I will move to lower timeframes to find add-on trades (I am in the USA and have to deal with FIFO regulations, but I try to keep a trade open that will represent that first trade, all the way to a change in intent).

That is just a brief summary and of course there are more details to consider, but that is the idea of intent to targets. Good trading!

Edit: Trading 4H targets will require multiple days, and therefore several iterations of ATR, to reach targets. Trade your daily plan accordingly, as noted by BWilliam.
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  • #5,651
  • Mar 6, 2023 10:31am Mar 6, 2023 10:31am
Some lofty thinking on this thread.Oh well.......
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every Saint has a past. Every Sinner has a Future
  • #5,652
  • Mar 6, 2023 10:31am Mar 6, 2023 10:31am
Quoting fxpider
{quote} I went through your posts a couple of times, still don't get it properly. The value intent is quite clear which is 50 pips for the next expansion and that should be within the ADR (20). What about the directional intent? How do you find and know the directional intent in H4? ( as the H4 intent and H4 candles form the secret sauce). Please guide us to see the intent that you mentioned in the following chart. {image} Cheers !!
Fxpider, here's the answer you are looking for. I already answered you earlier.

Quoting BWilliam
{quote} Here's one more input that might help you figure out non-unidirectional intent. Today's market will break either yesterday's adr high or low(except inside bar). Figure out which one. That's why I ask WHEN do you know. Answer lies in yesterday's market. So you must hv yesterday's adr on your chart. Cheers
Know what you trade
  • #5,653
  • Mar 6, 2023 10:33am Mar 6, 2023 10:33am
Quoting Shabs19
{quote} Let me try to explain here. Market Opens moves 33% of the ADR in the first H4 candle of the day 0:00 hrs start time. If the ADR is eg. 120 pips, the market must move 40 pips before you can evaluate Market Intent. You are entering the trade after this has been breached and expect the market to at least make the next 50 pips ( your target). which would mean you still have left 30 pips on the table of the 120 ADR. You would have to pick pairs that would have a large enough ADR for it to work, such as GU, GJ, EJ etc. Move the 0.00 level of fib...
Great post Shabs
That indicator does not work on Mondays as it picks up the Sunday Bar
That is why I have a plan B with this one
The colored box's are highlighting the indecision from the Open
Hence a little skill or filter needed with money management
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  • #5,654
  • Mar 6, 2023 10:46am Mar 6, 2023 10:46am
Quoting turnip15
Some lofty thinking on this thread.Oh well....... {image}
Not really. A lot of market mechanics given a new name "intent". Makes me think some may work/used to work for the government how easy they changed that definition.

Mark ... Everything you have been told is a LIE
  • #5,655
  • Mar 6, 2023 10:53am Mar 6, 2023 10:53am
Quoting Shabs19
{quote} Let me try to explain here. Market Opens moves 33% of the ADR in the first H4 candle of the day 0:00 hrs start time. If the ADR is eg. 120 pips, the market must move 40 pips before you can evaluate Market Intent. You are entering the trade after this has been breached and expect the market to at least make the next 50 pips ( your target). which would mean you still have left 30 pips on the table of the 120 ADR. You would have to pick pairs that would have a large enough ADR for it to work, such as GU, GJ, EJ etc. Move the 0.00 level of fib...
Thanks a lot.

I got the 50 pips value intent thing but having trouble comprehending the H4 directional intent. For example, in the following chart, the price moves through 33% ADR (from DO, as you mentioned) and then it reversed instead of the expansion.

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Success = Practice + Patience + Persistence
  • #5,656
  • Mar 6, 2023 11:00am Mar 6, 2023 11:00am
Quoting fxpider
{quote} Honestly speaking, your input since the weekend has tickled the analytical part of my mind. And, I really appreciate that. However, I have zero interest in comparing your method/ strategy with any other. I simply asked for your help as the above-mentioned H4 intent was not clear to me and I am still in the dark. Cheers!!
1. If you look at Dave's Hourly chart again on the posts above. He has chosen a chart with ADR over 120 pips.

2. He has marked the Day Open Line, the starting point.

3. Price did not close above his first target of 25% in this example in the first 4 hours. So therefore by Logic - There is No Market Intent here.

4. However, the second 4 hours the price did close above the 25% target. Now things have changed - There is a Market Intent here.

5. Now we can engage, with probabilty that the market will at least complete another 50 pips or at least another 66% of the ADR.

If the Market has not showing Intent it will not make the 25% of the target.

You can choose where / what percentage of ADR, your first target should be and best to have a currency pair with a large enough ADR at least over 100 pips.

The mistake you keep making is you are using the New High or Low as your starting point., when it should be the DAY Open.
It never gets easier, you just get better
  • #5,657
  • Mar 6, 2023 11:00am Mar 6, 2023 11:00am
Inserted Video
"the public is not yet ready for it" W.D. GANN
  • #5,658
  • Mar 6, 2023 11:04am Mar 6, 2023 11:04am
Quoting GEfx
I have a few thoughts to share regarding intent to target. First, you have to be competent in identifying targets. Targets from the 4H are important, but there will be daily targets that result from the unfolding of PA. The basic idea here is simply, bankers trade from target to target, and you must understand 4H and daily targets. Note: FAs are intent disrupters. In the attached chart, intent comes into play at targets, noted by the circles. Previous intent can move PA beyond the target, but the possibility of a change in intent should be investigated...
A lot of thanks GEfx for your effort posting the chart and your experience. It has answered more than you may have thought. Thank you for that.
All the best.
Respect.
  • #5,659
  • Edited 11:33am Mar 6, 2023 11:04am | Edited 11:33am
Quoting fxpider
{quote} Thanks a lot. I got the 50 pips value intent thing but having trouble comprehending the H4 directional intent. For example, in the following chart, the price moves through 33% ADR (from DO, as you mentioned) and then it reversed instead of the expansion. {image}
Put the same chart up as H4 candles, then see if an H4 candle has closed beyond the first target.

If Yes - then market Intent shown

If No - then wait until it does, maybe the other direction, this could turn out as a false move.
It never gets easier, you just get better
  • #5,660
  • Mar 6, 2023 11:06am Mar 6, 2023 11:06am
Quoting turnip15
Some lofty thinking on this thread.Oh well....... {image}
As long as you have a heart - you will be Fine

It never gets easier, you just get better
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