The most logical to TP here is the dol, for the past 2 days, fair value seems to land on this area.

Flying Dutchman

Looks like there is a failure here and the range exhausted around 60%. But we are near London so it has still the capacity to hit previous low. I'll set BE incase. image

Flying Dutchman

I learn by application, traders need charts. Theories after theories gets convoluted and goes nowhere. May be let us put charts and see where it goes, may be there is something big in the chart that I cannot see and instead of babbling about it, ...

Flying Dutchman

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Flying Dutchman

If there is indeed a Master Algo inside a controlled space, why should it correct itself? Isn't it already efficient?

Flying Dutchman

Wow. TP hit immediately. 1st trade of the day, 1st win of the day. Hope it continues.

Flying Dutchman

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Flying Dutchman

BW, just a question. If price moves 50 pips from opening but returns near to the opening at the end of the day: 1. did the market made a statement to go higher; or 2. it is as if there is no statement at all and price has the same value?

Flying Dutchman

We have no choice brother. They say market is an algo but we must trade like the market is real and has a fair value. How can there be fair value when we are trading against an AI? With targets, it looks sensible to me, the Algo has targets but they ...

Flying Dutchman

Does it feels like sensible to you guys and reflection of the real market? Edit: I looked into the 3 day range and it can still cover the lowest low for the week, so it can also be a part of the edge to trade with the lowest risk here. image

Flying Dutchman

Does the Algo have monthly intent, weekly intent, daily intent, session intent, or just intent to go at a specific price regardless of time?

Flying Dutchman

Do you mean, from two points of price at a specific time, I can determine the targets and intentions of the Algo?

Flying Dutchman

I would really like to know the whole story about this Algo. I have investigated a lot already and it will keep going. For now, I will abide with medieval trading. Merlin's high. image

Flying Dutchman

Do I need to use equations like this or "simple" tools will do? image

Flying Dutchman

I was thinking that may be through Fibs, we can calculate the targets of the Algo. But it seems I am wrong, so back to the drawing board. Thanks for clarifying.

Flying Dutchman

I do not mind getting embarrassed. I know I am an idiot in trading, I know nothing. I do not know precisely what is intent nor these advanced targets. But I have taken notes a lot already, perhaps I need more time and guidance. Are you using ...

Flying Dutchman

A lot of things have been said, a lot of names have been coined. If we have a friend or family who knows trading, there is no need to discuss anything. So here we are, forum breadcrumbs are all we got, but we have chosen this and we will prevail. ...

Flying Dutchman

I must have been indoctrinated since child that I cannot see the simple bottom there. Really obvious, said the old guru.

Flying Dutchman

Perhaps I needed to sleep now, wake up tomorrow, break out of bed, eat break fast, to gain energy when low, and when in high noon maybe expend all those energy for the day until sunset then rest and repeat another day. As long as I intended it, I ...

Flying Dutchman

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Flying Dutchman