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Flying Dutchman

  • #7,121
  • Mar 23, 2023 6:55am Mar 23, 2023 6:55am
Quoting Kwt4x
{quote} reminds me of "Chasing Mavericks" about killer waves.
Not seen the Film, but apparently Gerard Butler (one of the actors) almost died filming this movie in a surfing scene.

The term he used was "wiped out" , ironically thats what happens to your trading account also, if you don't know what you are doing.

Rotten Tomatoes scored very low, migh skip this one.
It never gets easier, you just get better
  • #7,122
  • Mar 23, 2023 7:03am Mar 23, 2023 7:03am
Quoting Kwt4x
{quote} you don't need to be aggressive in trading, remember "good things come to those who wait". today is BoE Interest Rate Decision, trade safe.
Worst kept secret................. EVER !!!
It never gets easier, you just get better
  • #7,123
  • Mar 23, 2023 7:14am Mar 23, 2023 7:14am
Quoting Shabs19
{quote} Not seen the Film, but apparently Gerard Butler (one of the actors) almost died filming this movie in a surfing scene. The term he used was "wiped out" , ironically thats what happens to your trading account also, if you don't know what you are doing. Rotten Tomatoes scored very low, migh skip this one.
Was the score low for critics or audiences. I tend to not pay attention to critics and pay attention to normal viewers. ratings.
Mark ... Everything you have been told is a LIE
  • #7,124
  • Mar 23, 2023 7:44am Mar 23, 2023 7:44am
Quoting Shabs19
{quote} I don't go down to the M1 charts, far too much noise for me, but you could take a trade based on the HTF MS such as M15. Price tagging YL, making a lower low but divergence telling you otherwise. Current WO is also here @ 160.850 So patience & wait until price closes above WO, and avoid the stop hunts (3 of them). First target would be Franky Open ( Terminus - Bus Stop ) or DO depending on your appetite.
Thanks for the feedback. Just taking a look. Would make good pre open prep work ( marking up before the open) in conjunction with my own trading approach.
every Saint has a past. Every Sinner has a Future
  • #7,125
  • Mar 23, 2023 7:58am Mar 23, 2023 7:58am
Quoting turnip15
{quote} Thanks for the feedback. Just taking a look. Would make good pre open prep work ( marking up before the open) in conjunction with my own trading approach.
Normally a good indication is how the US market ends the day, more or less.

GJ dropping from the highs of yesterday, so you could expect some bounce back in the Asian session, which is where TT & Co. reside.
It never gets easier, you just get better
  • #7,126
  • Mar 23, 2023 8:24am Mar 23, 2023 8:24am
Quoting spzd
{quote} Was the score low for critics or audiences. I tend to not pay attention to critics and pay attention to normal viewers. ratings.
https://www.rottentomatoes.com/m/chasing_mavericks
It never gets easier, you just get better
  • #7,127
  • Mar 23, 2023 8:37am Mar 23, 2023 8:37am
My only point was, why not look for a better entry than the one you are taking. Why not have the market move against you, then enter.
Get the Lag out
  • #7,128
  • Mar 23, 2023 8:41am Mar 23, 2023 8:41am
Interesting how Franky, London & NY took the market UP to MS before dropping.

The same players / Banks / Algo ?

Attached Image (click to enlarge)
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It never gets easier, you just get better
  • #7,129
  • Mar 23, 2023 8:44am Mar 23, 2023 8:44am
Quoting ZeroLag
My only point was, why not look for a better entry than the one you are taking. Why not have the market move against you, then enter.
Not sure, what you mean. Move against you ?

What you should mean is pullback entry, and not chasing the market.

Avoiding FOMO
It never gets easier, you just get better
  • #7,130
  • Mar 23, 2023 8:47am Mar 23, 2023 8:47am
Quoting Swede
Speaking of common sense, you Gotta love FOMC days, but one really needs to jump to your daily charts for perspective where sup/res levels are clear, or break of structure shows itself...if resistance is tested, as I expect it will, there may be a huge correction, or not lol..... ps...I use closing prices to determine structure, spikes count for sup/res otherwise {image}
As expected yesterday High was challenged, or should I say hunted, whatever the case a great entry for the turnaround was clear (see daily chart)
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSDM15 Mar 23.png Size: 11 KB
  • #7,131
  • Mar 23, 2023 9:06am Mar 23, 2023 9:06am
Quoting ZeroLag
My only point was, why not look for a better entry than the one you are taking. Why not have the market move against you, then enter.
An entry to tip the toe in the water is used by some traders, some test the market with a little entry. Scalping to swing trading is different in this approach.
  • #7,132
  • Mar 23, 2023 9:12am Mar 23, 2023 9:12am
Quoting Shabs19
{quote} https://www.rottentomatoes.com/m/chasing_mavericks
Audience says so-so.
Mark ... Everything you have been told is a LIE
  • #7,133
  • Mar 23, 2023 9:24am Mar 23, 2023 9:24am
Quoting spzd
{quote} Audience says so-so.
If you like waves & motivational movies

But have you seen "The Shallows" with Blake Lively ?

Waves plus Shark, double the excitement..............

Inserted Video
It never gets easier, you just get better
  • #7,134
  • Mar 23, 2023 9:34am Mar 23, 2023 9:34am
Quoting FocusWinReal
{quote} An entry to tip the toe in the water is used by some traders, some test the market with a little entry. Scalping to swing trading is different in this approach.
It depends how much drawdown can you take, and knowing when you are wrong.

Can be disastrous if you don't know what you are doing.

Scalpers look for High Win Rate but low RR and Swing traders can survive with Low WR but High RR.
It never gets easier, you just get better
  • #7,135
  • Mar 23, 2023 10:00am Mar 23, 2023 10:00am
Quoting FocusWinReal
{quote} An entry to tip the toe in the water is used by some traders, some test the market with a little entry. Scalping to swing trading is different in this approach.
Never could understand this process. Test trades?? To me that is a WTF?!?!? moment.

No offence to any.
Mark ... Everything you have been told is a LIE
  • #7,136
  • Mar 23, 2023 10:24am Mar 23, 2023 10:24am
Quoting spzd
{quote} Audience says so-so.
you're not missing anything, it's not the type that you would watch a rerun of.
"the public is not yet ready for it" W.D. GANN
  • #7,137
  • Mar 23, 2023 10:50am Mar 23, 2023 10:50am
sp500 long and short of it
And Lines etc
Attached Image (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #7,138
  • Mar 23, 2023 3:03pm Mar 23, 2023 3:03pm
Why Bank Traders Lose Money....

Inserted Video
Master your Mind,,,Master the Market
  • #7,139
  • Mar 23, 2023 5:12pm Mar 23, 2023 5:12pm
A great morning again on Dutchy I see, and folks are showing here that their own analysis is the absolutely correct way to approach trading our markets for them.
(I will get round to upticking other pages than this, after my cuppa tea)

I am now finished with my weeks chart trade results posting which was essentially for me to prove again, well mainly to myself that is lol,

That trading analysis is the actual mainstay of interpreting our markets and subsequent trading in our preferred markets, and that everybody does it really lol.

As this analysis, that so many posters have shown here with their own & varied charts and chart analysis leads to me to one conlcusion only ...
That any trader who has formed the incorrect opinion that analysis doesn't or cannot work was clearly NOT ABLE to analyse such charts for themselves.
And nothing wrong with that.
Maybe some traders then move on to other forms of analysis like mathematical formulas, and good on them, which help explain to them what is in front of the eyes on our charts.

Each to their own always.

We have many ideas & interpretations here amongst us, over varing chart timeframes & different Sessions and as highly varied at times show one thing only AGAIN.

That our market understandings and trading, at its core, is purely YOU vs YOU.
  • #7,140
  • Mar 23, 2023 5:13pm Mar 23, 2023 5:13pm
Quoting bluesteele
Why Bank Traders Lose Money.... https://youtu.be/kr2wSn5-vu8
Are you triggering certain folks, again Kev
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