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Flying Dutchman

  • #5,701
  • Mar 6, 2023 6:06pm Mar 6, 2023 6:06pm
Quoting spzd
{quote} Hello BW, Jason if I may. If not just let me know. Since I am the only one who has made a post that differs from your line of thinking I thought a reply would be in order. Nothing I post is to disparage you or anyone else. We all have our view and I have been expressing mine. I am going to tell you right up front, when it comes to definitions of words I can be anal about it. And this is one of those times. Can't think of any other way to show an opposite opinion other than to just put it out there. In fact, on this one I went back to the...
Hi spzd, no worries, keep speaking your mind unadulterated. I take zero offence. Cheers
Know what you trade
  • #5,702
  • Mar 6, 2023 6:21pm Mar 6, 2023 6:21pm
Okay my last chart for the morning, expansions are due.

GBPJPY
MY current FOUR HOUR CHART VIEW, not my trading chart though


.
Attached Image (click to enlarge)
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  • #5,703
  • Mar 6, 2023 6:43pm Mar 6, 2023 6:43pm
It's normal for a researcher like BW to challenge the existing paradigm.

Technology has progressed today because of research, which means there are better ways to do things, more efficient ways to do things, and it just keeps evolving. We used candles, then incandescent, fluorescent, then LED and so on.

As a researcher, you are eager to express these things for further development and discussion.

What if there is a more efficient way to trade? It's just a thought. Hence, research.

The problem is when you express these new ideas based on research for discussion and development, you are met with opposition, and people tend to oversimplify things as if they have been to the Akashic Records and knew everything.
The market hides a perfect geometry.
  • #5,704
  • Mar 6, 2023 7:31pm Mar 6, 2023 7:31pm
Quoting FulMargnAlch
What if there is a more efficient way to trade? It's just a thought. Hence, research.

I gotta agree here FMA.

However maybe 'trading' and 'research' are two different ends of the same reasoning, for seeking.

Trading ..............(well the "efficiency" can only be YOU imho, ie you vs you)
the method ........(from research) is what we settle on.

In asia I take lower TPs especially in my first foray of the morning, I like to see the markets responses.

So this chart is not, and certainly NOT to brag in any way ffs , lol, as 11p is quite small fish to what I see many traders on this AND OTHER threads take.

But imho the best efficiency we can find in trading is to TP (take profit), that is our only measuring stick and what the 10,000 or so threads on FF seek.


So myself, and I do NOT recommend my way, or even suggest EVER that this is an ONLY way or best way to trade at all.
It is just, as Shabs said before, my way.

Structure, (momentum), Lines, Targets, Breaks, Retests, Trades.

And NO fomo. If price goes higher in our direction then, just next trade please. And we all trade in different ways, times & methods & thoughts.

all the best to you FMA sir,
targets are ahead (of where I had closed), and are all over the charts 5m, 15m, 1hr AND 4hr. I can only do, me, is all.

(ps, "go" the george target lol )

.
Attached Image (click to enlarge)
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  • #5,705
  • Mar 6, 2023 7:56pm Mar 6, 2023 7:56pm
Quoting TimeTells
{quote} I gotta agree here FMA. However maybe 'trading' and 'research' are two different ends of the same reasoning, for seeking. Trading ..............(well the "efficiency" can only be YOU imho, ie you vs you) the method ........(from research) is what we settle on. In asia I take lower TPs especially in my first foray of the morning, I like to see the markets responses. So this chart is not, and certainly NOT to brag in any way ffs , lol, as 11p is quite small fish to what I see many traders on this AND OTHER threads take. But imho the best efficiency...
Admitting guilt upfront, I have not fully read George's thread ...

With that admission, I see the top gold colored line says next target with reference. The question is, are all the gold lines George targets of varying degree?

Quoting spzd
{quote} Admitting guilt upfront, I have not fully read George's thread ... With that admission, I see the top gold colored line says next target with reference. The question is, are all the gold lines George targets of varying degree?
I ask as I have his thread open in another tab. The "intent" is there. Couldn't help it.
Mark ... Everything you have been told is a LIE
  • #5,706
  • Edited 8:26pm Mar 6, 2023 8:16pm | Edited 8:26pm
Quoting spzd
{quote}
Admitting guilt upfront, I have not fully read George's thread ... With that admission, I see the top gold colored line says next target with reference. The question is, are all the gold lines George targets of varying degree?
Hi Mark,

The Targets that George assiduously & intricately printed on his own charts each morning were exclusively the "new" SWING targets.
He started on a 4hr chart and put a HORIZONTAL LINE (ie price) at ANY target on that timeframe that the market had not yet run over
(at a later point when the target was run over he would then delete that line as now dead)
Then he would drop to the 1hr and do the same, then the 15m and stop at that timeframe.

The Market as we can all see, run these targets, session after session and day after day.
Andy calls it them rolling the market up & down taking out the old targets and leaving new ones behind them (the overshoots which imho are not merely stop hunts, if at all, but to entice new breakout traders & HFTs etc into trading so they can then reverse on them to hold "them" in a new pen).

The problem each trader will have, and why I was SO INTERESTED in what BW has posted recently as well as Kwt on the INTENT topic is that ...
there are always at closest to current price, TWO George Swing Targets, one ABOVE price now and one BELOW.

So how wonderful if we could nail Intent as far as 'next' direction would be. I hope BW continues to post and stops taking things so personally in discussions.

So with INTENT plus TARGET (and I have to sadly forget 50pips mostly in my asia seesion, not always, but you guys in NY will enjoy)

(My only suggestion would be that if 10,000 traders were ALL wating on a magic 50 pips to ALL exit for TP at that point that maybe the market will run to 43½ pips hahaa and then flip direction on you ALL. Those that closed a 'little' earlier might get their TP with others facing a direction flip over, who knows, just a thought)

(Would be my SAME thought for say, 2000 traders, who paid for example for an indi and were ALL entering and TRYING to exit for TP at the SAME time, who knows)

Anyway, finally, and BWilliam might not even recognise this about George himself is that George always said he WAITS for a 50 pip move first,
as HE is a reversal trader at his personal 'playground'.

Now, do you see, we have one style of trader trading into a 50 pip move, and another style of trader waiting for the completion of a 50 pip move.

By virtue of that BW & George had some similar views of the market, but traded it at different ends.

Gets you thinking, doesn't it.

Not ONE way of trading that is best, and not one way that IS best. Each to their own.

Post on ALL please, there is not one way of trading and not ONE topic of posting imho.

And let's see where we can take this all (even I may miss out in asia, on all your fun hahaa while i have no fomo, next trade pls)
  • #5,707
  • Mar 6, 2023 8:28pm Mar 6, 2023 8:28pm
Quoting TimeTells
{quote} I gotta agree here FMA. However maybe 'trading' and 'research' are two different ends of the same reasoning, for seeking. Trading ..............(well the "efficiency" can only be YOU imho, ie you vs you) the method ........(from research) is what we settle on. In asia I take lower TPs especially in my first foray of the morning, I like to see the markets responses. So this chart is not, and certainly NOT to brag in any way ffs , lol, as 11p is quite small fish to what I see many traders on this AND OTHER threads take. But imho the best efficiency...
I understand the you vs you you've been saying a thousand if not a million times.

Maybe banks should have poured all their money to psychologists and psychiatrists all out instead to quants to understand the markets better.

People are just curious and market is just another beast to be curious about. It's just that.
The market hides a perfect geometry.
  • #5,708
  • Mar 6, 2023 8:29pm Mar 6, 2023 8:29pm
Quoting TimeTells
{quote} Hi Mark, The Targets that George assiduously & intricately printed on his own charts each morning were exclusively the "new" SWING targets. He started on a 4hr chart and put a HORIZONTAL LINE (ie price) at ANY target on that timeframe that the market had not yet run over (at which point he would then delete that line as now dead) Then he would drop to the 1hr and do the same, then the 15m and stop at that timeframe. The Market as we can all see, run these targets, session after session and day after day. Andy calls it them rolling the market...
Thank you very much. That was enlightening. I do like the idea of 11p being 73% of goal. Makes life a lot easier.

Funny thing is (funny in more a weird way not haha, even though you have to laugh) is how semantics can differ but many goals are essentially the same.
Mark ... Everything you have been told is a LIE
  • #5,709
  • Mar 6, 2023 8:34pm Mar 6, 2023 8:34pm
Quoting FulMargnAlch
{quote}
I understand the you vs you you've been saying a thousand if not a million times.

Maybe banks should have poured all their money to psychologists and psychiatrists all out instead to quants to understand the markets better. People are just curious and market is just another beast to be curious about. It's just that.

Hi FMA,

By what you said AFTER what I bolded above shows me, sadly, you have not absorbed ONE word of what has been posted about the .... you vs you

It is what it is, FMA, good fortunes honestly seeking the holy grail .... outside of yourself.

(ie the banks HAVE this holy grail all to themselves, wouldn;t you think )
  • #5,710
  • Mar 6, 2023 8:37pm Mar 6, 2023 8:37pm
Quoting TimeTells
{quote} Hi FMA, By what you said AFTER what I bolded above shows me, sadly, you have not absorbed ONE word of what has been posted about the .... you vs you It is what it is, FMA, good fortunes honestly seeking the holy grail .... outside of yourself. (ie the banks HAVE this holy grail all to themselves, wouldn;t you think )
I am only saying that with research maybe we can find an efficient way to trade.

I am not saying there is only one way to trade.

I am not seeking a perpetually glowing light bulb, but perhaps in the future we will develop, just a more efficient light bulb.
The market hides a perfect geometry.
  • #5,711
  • Mar 6, 2023 8:41pm Mar 6, 2023 8:41pm
sadly, you have not absorbed ONE word of what has been posted about the .... you vs you

I am not sad. It's your opinion because only you absorb everything.
The market hides a perfect geometry.
  • #5,712
  • Mar 6, 2023 8:48pm Mar 6, 2023 8:48pm
Quoting FulMargnAlch
{quote}
I am only saying that with research maybe we can find an efficient way to trade. I am not saying there is only one way to trade. I am not seeking a perpetually glowing light bulb, but perhaps in the future we will develop, just a more efficient light bulb.

Cheers FMA,

Yes I do know that you on the right track ie research. Research is for the method, the viewpoint, the overview of what we all are trying to do.

With our methods, then I can only say from my own personal experience.
IN LIFE as well as now trading, I take full responsibilty that it is me that determines whether or not I make a fist of this or not. Not George, not BW, not anyone.
ME

Imo until that whole responsibility being on my shoulders no situation in life, OR trading will do it. I hear so many traders blame their losses on the market, the Indi, then they run around for a NEW indi or they change their market from one pair to another etc.

In the end I hope the mirror will tell them the wrong way and THEN the right way to live YOUR life..

(The Carlos Castenada series of books was a classic, The Five Enemies, but too long a read believe me as it was a story in between the philosophy
Maybe when Clemmo eventually gets round to reviewing the Jankovsky Time Compression PDF for me I will suggest The Tales Of Don Juan hahaa)

all the best pal, I can tell you are a seeker of knowledge at heart and that is the first step
  • #5,713
  • Mar 6, 2023 8:48pm Mar 6, 2023 8:48pm
Quoting FulMargnAlch
sadly, you have not absorbed ONE word of what has been posted about the .... you vs you I am not sad. It's your opinion because only you absorb everything.
I am not sad. It's your opinion because only you absorb everything

maybe you should be sad, who knows, good luck
  • #5,714
  • Edited 9:06pm Mar 6, 2023 8:56pm | Edited 9:06pm
Quoting TimeTells
{quote} Cheers FMA, Yes I do know that you on the right track ie research. Research is for the method, the viewpoint, the overview of what we all are trying to do. With our methods, then I can only say from my own personal experience. IN LIFE as well as now trading, I take full responsibilty that it is me that determines whether or not I make a fist of this or not. Not George, not BW, not anyone. ME Imo until that whole responsibility being on my shoulders no situation in life, OR trading will do it. I hear so many traders blame their losses on...
Why do you always talk as if you are the only one reflecting about the self.

It is already given. We are always watchful, mindful, whenever we trade. It is just natural. In fact some of us make a journal, to record our mindset, emotions, agitations, etc.

It is already given, we are battling ourselves everyday.

We are always responsible for our actions.

I meditate everyday.

Edit: I have already read the The Tales Of Don Juan and the books of Castañeda. I read a lot.
The market hides a perfect geometry.
  • #5,715
  • Mar 6, 2023 9:02pm Mar 6, 2023 9:02pm
Quoting FulMargnAlch
{quote} I understand the you vs you you've been saying a thousand if not a million times. Maybe banks should have poured all their money to psychologists and psychiatrists all out instead to quants to understand the markets better. People are just curious and market is just another beast to be curious about. It's just that.
Banks ..trading departments have psychologists for their traders...they do pour money into that arena...hedge funds ...prop firms...all pour money into personal development... It is all part and parcel of success... Leave it out and you will fail...flounder and not perform to your potential..

Trading is a performance based business. And thus all professionals will use performance coaches.

Curiosity is alright for the amateur...but professionals so not operate on curiosity.. Your up.against the smartest the brightest the fastest...and only a A game wins in the long run...B or C grade traders don't make it... That's the cold hard truth..

If the markets were only based on Math...the markets would cease to operate as they do... The Quants would take all...but they don't ask yourself why ?

Cheers
Blue
Master your Mind,,,Master the Market
  • #5,716
  • Mar 6, 2023 9:08pm Mar 6, 2023 9:08pm
Quoting bluesteele
{quote} Banks ..trading departments have psychologists for their traders...they do pour money into that arena...hedge funds ...prop firms...all pour money into personal development... It is all part and parcel of success... Leave it out and you will fail...flounder and not perform to your potential.. Trading is a performance based business. And thus all professionals will use performance coaches. Curiosity is alright for the amateur...but professionals so not operate on curiosity.. Your up.against the smartest the brightest the fastest...and only...
Yeah but there is no monopoly of knowledge.
The market hides a perfect geometry.
  • #5,717
  • Mar 6, 2023 9:09pm Mar 6, 2023 9:09pm
Quoting FulMargnAlch
{quote}
Why do you always talk as if you are the only one reflecting about the self. It is already given. We are always watchful, mindful, whenever we trade. It is just natural. In fact some of us make a journal, to record our mindset, emotions, agitations, etc. It is already given, we are battling ourselves everyday. We are always responsible for our actions. Edit: I've read also I meditate everyday. Edit: I have already read the The Tales Of Don Juan and the books of Castañeda. I read a lot.


Ask yourself why you always read it that way


The 2nd Enemy - classic

CLARITY

has brought many a good person down
knowing something is maybe NOT the whole answer
it might be the application of knowledge

do WE (ie ALL not just you or just me please hahaa)

have something (in our own trading)

yet the application of our knowledge does not quite provide the results we wish for, so we search again

but where do we go from there, where do we land, another hypothesis maybe, hoping this new one is THE answer

all the best FMA, i like that you ask questions & challenge suggestions, the right way to progress imo
(and I don't take offence)
  • #5,718
  • Mar 6, 2023 9:11pm Mar 6, 2023 9:11pm
Quoting TimeTells
{quote} Ask yourself why you always read it that way The 2nd Enemy - classic CLARITY has brought many a good person down knowing something is maybe NOT the whole answer it might be the application of knowledge do WE (ie ALL not just you or just me please hahaa) have something (in our own trading) yet the application of our knowledge does not quite provide the results we wish for, so we search again but where do we go from there, where do we land, another hypothesis maybe, hoping this new one is THE answer all the best FMA, i like that you...
Thanks for your time. I hope all the best for all of us.
The market hides a perfect geometry.
  • #5,719
  • Mar 6, 2023 9:15pm Mar 6, 2023 9:15pm
Quoting spzd
{quote}
Thank you very much. That was enlightening. I do like the idea of 11p being 73% of goal. Makes life a lot easier. Funny thing is (funny in more a weird way not haha, even though you have to laugh) is how semantics can differ but many goals are essentially the same.

Yes, goal.

Some days, market willing and me being in the right trade at the right time, with the right mindset, .... +33 pips, happens pal.
  • #5,720
  • Mar 6, 2023 9:56pm Mar 6, 2023 9:56pm
Quoting spzd
{quote}
Thank you very much. That was enlightening. I do like the idea of 11p being 73% of goal. Makes life a lot easier. Funny thing is (funny in more a weird way not haha, even though you have to laugh) is how semantics can differ but many goals are essentially the same.

Hi Mark,

Last one as you have shown interest.

I did not trade these, lunchtime lol.

I do NOT even suggest trading these situations as the come up.

What I am highlighting is the Market Mechanics that play out (and on larger scales than these) day after day, session after session.

When we can see our Markets in their reality (small view yes, there are LARGER views for sure, Intent would be one)
but when we toss away the idea that 'something' else other than the market itself is drivng the charts (and the targets)
then maybe we can all settle down and design our way of best playing WITH them.

This NOT a TRADE CHART
it is to highlight the fact that our markets seems well organised
(to the pip sometimes)

How we trade anywhere is our business.

(george called these linups of 3 or more peaks in a row a Herd Mentality Zone. He said many traders will look only at the reversals from these and assume they will only be used to hold as some form of resistance S&R. In fact the 3 are now targets ALSO to be taken LATER. Market Mechanics at the micro level).

.
Attached Image (click to enlarge)
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