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 ...

Flying Dutchman

Here's the translation, 1% is approximate to 100% ADR20. Can you see almost everyday comes close to 1% change?

Flying Dutchman

When the trader can handle non-unidirectional, then he has reached expert level covering both bases, recognising and differentiating them.

Flying Dutchman

Excellent screenshot Dave, pictures explain my post #5492. Cheers

Flying Dutchman

Yup, exactly what I meant Edit - "Basically let 40 pips ride to show intent, then take 50 pips out of the ADR remaining." Bingo! As I wrote in post#5490, you can do this on any range expansion of your choice. Just work out the numbers. ...

Flying Dutchman

For 50pips minimum take profit intraday, the pair should ideally have a ADR20 between 100 - 150pips. Don't want it to be too large else you get volatility issues. The recommended pairs are, GU, EJ, GJ, EA and ECAD. Cheers

Flying Dutchman

Let me push the brackets of interpretation of intent a little more to see where I am coming from. We know market will keep testing and establishing new highs lows throughout the day. Let's say, GU ADR is 150pips, and we take 33% giving 50 pips. At ...

Flying Dutchman

Guys, I don't want to start another round of argument. I'm tired of it. I posted because the topic is about intent. And my main post on this subject is post #5490. Once you know what you're trading it's much easier. This is what I want to share with ...

Flying Dutchman

One last thing, that's why I wrote repeatedly, trading can be done on MT4 phone apps anywhere anytime, no special indicators required. Cheers Ps, Kwt4x you are the first member who does very similar to what I do. Finally.

Flying Dutchman

If onlookers just follow what you do, trade intraday swings 50pips and more, it's a cinch. Imagine what 50pips can do for our account.

Flying Dutchman

Sorry, I was not referring to you. Looking at your charts I know you are already familiar with this. I was referring to people out there who look at your chart, I'm sure they hv problems visualising h4 intent which is shown clearly on your charts, ...

Flying Dutchman

I'm sure you know your m30 is much clearer than your m5, if you know what I mean. Btw I use m5 for entry. Cheers

Flying Dutchman

This pic that you posted showed clear h4 intent on the m5 chart, the trade entry is clear. The problem is its difficult to visualise h4 intent from m5 chart. Not that it can't be done, what I m pointing out is we are trading h4 intent for intraday ...

Flying Dutchman

Compare GJ and GU charts Friday, GJ has no clear intent because it's trapped both top and bottom, can't make 50pips swing. Whereas GU has a clear bottom at 1.19620 region, safe entry at LC for clear h4 intent to take place us session. And it did as ...

Flying Dutchman

If you are an intraday swing trader, aiming for 50pips minimum per entry, then keep your eyes on the h4 candle. The secret sauce is h4 candle and h4 intent(not the same as candle) governs intraday movement. H4 intent is the most important, trade in ...

Flying Dutchman

There are 2 perspectives. First, more common, is to trade regression to the mean, to expect excess kurtosis not to sustain over time. Second, much less common, is to trade into this excess kurtosis. I seldom to rarely trade the first. Because of the ...

Where's The Edge?

OP's 2nd reply to you. This is the reason why OP started his thread.

Where's The Edge?

OP's thread question is : "where's the edge?" Your answer is : "You". This is by far the most common answer shared by majority of FF members. OP has received FF's answer. End of discussion(for me). Edited in response to the post below. OP posts ...

Where's The Edge?

It has become clear that there's a clear divide between 2 groups of traders, the quantitative trader and the discretionary qualitative trader. Our posts reveal in which group we belong to. How we understand this trading edge is different. The goal ...

Where's The Edge?

About the use of math in trading. There's a difference between using math as a tool versus algo trading, they are not one and the same. Math is the medium to represent an idea about the price characteristic that we perceive. Math give this perceived ...

Where's The Edge?