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Flying Dutchman

  • #5,841
  • Edited 1:31am Mar 8, 2023 12:58am | Edited 1:31am
Quoting BWilliam
Todays market, GU. After such a significant 240pips move, with a strong statement with market staying at the bottom, DON"T EVER think to reverse this move ! Notice the volatility dropped to the lowest level Asia market. WAIT for some sign of live in the market, when it SLOWLY wakes up again Frankfurt open. Cast away in the trash bin this great idea wanting to reverse this move. Typical retail trading mindset. Look at your chart right now, mark price levels as potential targets of pullback. Do nothing, watch for HOW todays market pullback to this...
One final post about trading GU today.

This is what I wrote this morning Asia market for todays intraday analysis.
And read my follow on comments that I inserted in a post below.
As expected, nothing happened.
Go watch a movie, go for a swim.
(Edit - 10.30pm, half hour to Powell's testimony.)

Enjoy trading, cheers

ps I make these trade related posts for those few who are interested.
Attached Image (click to enlarge)
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Know what you trade
  • #5,842
  • Mar 8, 2023 12:58am Mar 8, 2023 12:58am
Quoting bluesteele
{quote} Yes your so far ahead I think you can see my tail lights Heres another chart for ya..but you might need to slow down to understand it... If you understood PA Market Mechanics this chart will make sense to you.... Can you spot 3 levels ? I havent marked it... Can you see where 3 levels down puts a trade in alignment with???? wait for it... PDL BRN.. AND BW no 4HR candles were used in seeing how price would drop.. Again if you need help PM me ... {image}
As always comments are ...

Attached Image (click to enlarge)
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Mark ... Everything you have been told is a LIE
  • #5,843
  • Mar 8, 2023 1:07am Mar 8, 2023 1:07am
and mine for the ride, tho I don't trade the GU, but hey,

inflection, breakout, market mechanics

.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5 GU in clear inflection.png Size: 9 KB
  • #5,844
  • Mar 8, 2023 1:19am Mar 8, 2023 1:19am
Quoting spzd
{quote} As always comments are ... {image}
IMO, a FGD is a buy-low signal day only for the following day. If the following day, itself is an ID or Ranging day then it signals a buy low / sell high setup for the next day depending on the day count. Hope it makes sense.
Success = Practice + Patience + Persistence
  • #5,845
  • Mar 8, 2023 1:22am Mar 8, 2023 1:22am
Research has been mentioned. I know some are to the point where other "ways" are more a curiosity. For me, this is something I realize I should have done the first time through. Matters not. Question to whoever, how much "research" do you do? Knowing that research can be a very wide area. Even though I use MAs, I study price movement and can tell you if a candle might go up or very close to when a micro swing will turn. And it is often by what price does. That is why I stopped my study of Brooks. I live it.

Even with that I am just figuring out other aspects. So much to learn.

My current research is along the lines of specific times when the most likely moves take place and when are the periods that tend to move more sideways. Both exist. Still in the process of collecting my data. I know that the infamous red data plays a part in all of this. Have been doing this research mostly with SP500 from 7 am NY to about 8:30 am NY. Days with no news cycle the best unless they are carrying over from the previous day - these are not as common as continuous trends are really not the norm for indexes. These days often give two trades of 5 pts or more. I may need some more data to have a large enough set for the news days.

So that is one of the things I do to try and get where the trades really become almost automatic.
Mark ... Everything you have been told is a LIE
  • #5,846
  • Mar 8, 2023 1:24am Mar 8, 2023 1:24am
Quoting fxpider
{quote} IMO, a FGD is a buy-low signal day only for the following day. If the following day, itself is an ID or Ranging day then it signals a buy low / sell high setup for the next day depending on the day count. Hope it makes sense.
It is supposed to be but I don't think the market always works that way. When I know more I will let you know. Or the other way.
Mark ... Everything you have been told is a LIE
  • #5,847
  • Mar 8, 2023 1:28am Mar 8, 2023 1:28am
Quoting fxpider
{quote} IMO, a FGD is a buy-low signal day only for the following day. If the following day, itself is an ID or Ranging day then it signals a buy low / sell high setup for the next day depending on the day count. Hope it makes sense.
What is it then when the next day ranges? Then the fake BO north before the sell off helped by Powell.

I really am not sure.
Mark ... Everything you have been told is a LIE
  • #5,848
  • Mar 8, 2023 1:33am Mar 8, 2023 1:33am
Think I will go back to my own house. I have sullied this fine establishment too much today.

Take care
Mark ... Everything you have been told is a LIE
  • #5,849
  • Mar 8, 2023 1:37am Mar 8, 2023 1:37am
Quoting BWilliam
{quote} About this infamous post, to this day, NOBODY answered my questions. Everyone look past my questions. This is the question that begs an answer. I stand by what I wrote. Pls, read English. If you can, pls try again. Your response to my post tells me you are technically dumb. Hey Turnip(and whomever wish to be addressed), I know I put you in a hot spot with my post. Ofc I know. No worries, I already know beforehand. Cheers
OK BW...Lets do this...

Questions,

1. How do we know how high this pump ?
A: We never know for sure...Thats trading But we can use ADR we can use timing....(figure it out BW) for me on the S&P I have backtested many many years of data on the opening range...NY... I can tell you how far the market deviates on average for the last 20yrs M T W T F...This is calculated off the high and the low of the first hour of trading.
So when the P&D and/or P&D sets up I know with a 70-85% certainty how far the market will go... So I either set my TP or an entry on these parameters..

And I also know that once entered with other criteria met I have a 90% probablity ,y 127 fib will be hit and a 70% prob my 161 will be hit... but you need to be aware of timing...I am being specific to the SPX...

WOuld you like more info ???

2. How do you know there's a dump coming in the future? A reversal is a pump with no dump. How can you tell the difference?
A: Because that is how the market works BW..If your asking this question it tells me you havent studied enough..Thats Gods honest truth.
3 day cycles are more often than not the setup..But not always and thats trading!!! NO ABSOLUTES...its why we mitigate risk as best as we can and learn to LOSE like water off a ducks back.

....3 levels of rise...quarter levels...00 25 50 75 00.... 3 levels of push ..think of candle waves..and on a larger scale it can be 3 weeks of rise or fall etc.
or 3 levels of 100 pips..... Watch Stacey Burke. and another fellow cant think of his channel Cameron>?? it will come to me...

But you are asking basic questions...and maybe you have been studying the wrong material or looking in the wrong places...so I will post some resources up tomorrow to help you or others....


Reminds me of a carpenter I apprenticed under long ago..We had a new guy come on the site..my Mentor was prob 30 yrs old and the new guy was in late 50s...
anyways cant recall what we were working on but my Lead /Mentor went to check on the so called "experienced" new guy to our company..55 +yrs old..

And Jack couldnt believe what he saw this guy doing...So Jack(foreman Lead mentor) 30yrs old.... tells the older guy.. What in the hell are you doing ? this is all wrong.... To which the "old guy" lol not really old I know....but for the story.. The old guy gets in a big huff and says Ive been doing this for 35 years!!! And Jack says very bluntly "well youve been doing it wrong for 35 years then !!! " LOL....

Point is careful who you listen to and learn from....I am only telling you this BW as these basic questions you asked are just that very basic..and if you dont know the answers THen its simply a sign you need to study more... Again I will provide resources for you and others...Not my own.. But some that will clear these questions.

Dont let your EGO get in the way BW.. We all are learning every single day we are breathing...all of us... No shame...

I hope that sheds some light on your questions... If not its an open forum ask away....

If your genuine if your Ego can handle it PM me... If your not then we shall continue the Shitshow... I rather enjoy the banter
as it takes my mind of things....your choice...

Toss up some charts as well BW....

Cheers
Blue

PS
and BW you NEVER answered my question...Why are line traders lying? Why did you say that is a FACT..
Can you qualify that? Is it your own lack of awareness and understanding ?? What gives ?
Master your Mind,,,Master the Market
  • #5,850
  • Mar 8, 2023 1:44am Mar 8, 2023 1:44am
Big Rick and Little Rick have been mentioned in the past. hmmmm
Mark ... Everything you have been told is a LIE
  • #5,851
  • Mar 8, 2023 1:46am Mar 8, 2023 1:46am
Quoting bluesteele
{quote} OK BW...Lets do this... Questions, 1. How do we know how high this pump ? A: We never know for sure...Thats trading But we can use ADR we can use timing....(figure it out BW) for me on the S&P I have backtested many many years of data on the opening range...NY... I can tell you how far the market deviates on average for the last 20yrs M T W T F...This is calculated off the high and the low of the first hour of trading. So when the P&D and/or P&D sets up I know with a 70-85% certainty how far the market will go... So I either...
Do you realise that if you chose not to answer my questions, nobody know you are a dumb trader?

After what you wrote, you just confirm the fact.

Enough of your silly games pls?
Know what you trade
  • #5,852
  • Mar 8, 2023 1:49am Mar 8, 2023 1:49am
Quoting spzd
{quote} What is it then when the next day ranges? Then the fake BO north before the sell off helped by Powell. I really am not sure.
if the prior day is ranging and the following day you sold HOD or bought LOD, in the worst-case scenario, the market will give you the time and opportunity to get out with a minimum loss. As you know, nothing is absolute and we play the probabilities.
Success = Practice + Patience + Persistence
  • #5,853
  • Mar 8, 2023 1:51am Mar 8, 2023 1:51am
Quoting fxpider
{quote} if the prior day is ranging and the following day you sold HOD or bought LOD, in the worst-case scenario, the market will give you the time and opportunity to get out with a minimum loss. As you know, nothing is absolute and we play the probabilities.
Well aware of that.
Mark ... Everything you have been told is a LIE
  • #5,854
  • Mar 8, 2023 1:57am Mar 8, 2023 1:57am
Quoting bluesteele
{quote} Yes your so far ahead I think you can see my tail lights Heres another chart for ya..but you might need to slow down to understand it... If you understood PA Market Mechanics this chart will make sense to you.... Can you spot 3 levels ? I havent marked it... Can you see where 3 levels down puts a trade in alignment with???? wait for it... PDL BRN.. AND BW no 4HR candles were used in seeing how price would drop.. Again if you need help PM me ... {image}
He bickered in my journal for no reason, sad part is he can't read charts so he believe no one can.
He is longing for his intellectual recognition but avail none.
I am sorry for him.
on a postive roll...
  • #5,855
  • Mar 8, 2023 2:00am Mar 8, 2023 2:00am
Quoting Rmg
{quote} He bickered in my journal for no reason, sad part is he can't read charts so he believe no one can. He is longing for his intellectual recognition but avail none. I am sorry for him.
People should read my post on your journal to see for themselves what you term as "bickered". Find out the full facts.

I thought for a while if I should or not to make that post. To help.

Now, your post warns everyone on FF to mind our own business. It's dangerous to help. Even when it sounds like help is asked. Cheers
Know what you trade
  • #5,856
  • Mar 8, 2023 2:02am Mar 8, 2023 2:02am
Quoting BWilliam
{quote} Do you realise that if you chose not to answer my questions, nobody know you are a dumb trader? After what you wrote, you just confirm the fact. Enough of your silly games pls?
Cheers BW....that's your opinion and I'm cool with that..

I will let you in on a little hint ... I could care less what others think.. I know my skill levels and accomplishments in trading... I was sincerely reaching out to you to help you..but your EGO is far far too big..

Carry on with your scams and charade Skyway...

Cheers !
Blue
Master your Mind,,,Master the Market
  • #5,857
  • Mar 8, 2023 2:04am Mar 8, 2023 2:04am
Quoting BWilliam
{quote} People should read my post on your journal to see for themselves what you term as "bickered". Find out the facts. I thought for a while if I should or not to make that post. To help. Cheers
I respect replies from people like Dutchy, Brixen or Nick bcz they trade for living and not trying to impress others.
on a postive roll...
  • #5,858
  • Mar 8, 2023 2:04am Mar 8, 2023 2:04am
Quoting Rmg
{quote} He bickered in my journal for no reason, sad part is he can't read charts so he believe no one can. He is longing for his intellectual recognition but avail none. I am sorry for him.
Yes I clearly see he hasn't a clue on PA or market behavior/mechanics... If he did he wouldn't be asking what he does.

I am beginning to think he is nothing but a Troll.amd here to just disrupt.

Cheers!!!!
Blue
Master your Mind,,,Master the Market
  • #5,859
  • Mar 8, 2023 2:05am Mar 8, 2023 2:05am
Quoting Rmg
{quote} I respect replies from people like Dutchy, Brixen or Nick bcz they trade for living and not trying to impress others.
Then you should have made it clear from whom you wish to receive help from. How do outsiders know wtf?

Instead of writing a post to smear a member who extended help.

Do you even realise what you have just done? Cheers
Know what you trade
  • #5,860
  • Mar 8, 2023 2:09am Mar 8, 2023 2:09am
Quoting BWilliam
{quote} Then you should have made it clear from whom you wish to receive help from. How do outsiders know wtf? Instead of writing a post to smear a member who extended help. Cheers
Calm down BW, I am not mad at you. You are trying to belittle others without knowing it. Not a good trait for a human being.
on a postive roll...
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