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Flying Dutchman

  • Post #1
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  • First Post: Edited Jun 11, 2022 10:29pm Mar 22, 2021 9:31pm | Edited Jun 11, 2022 10:29pm
Flying Dutchman

The legend that reveals itself to the lucky few....

Thread for the purist or conspiracy theorist.

What is real, what is price, do we have the time, what is time!

How do they connect! Do they connect.....



Had some PM's asking to continue with the previous thread, I felt it required a less confrontational title so maybe this will carry on where the other stopped.

If no interest, no sweat, will let it sail into history...hmm, history, does it affect the future...!!

Questions, questions, always question...

Starting with a clean slate and for those in the sin bin, are back on the field!

—————————————————————

For someone looking in for the first time, there is no one method either explained or inferred.
There are however regular contributors who have their own thoughts and methods who regularly post charts and hints.
They do this off their own back, no one is obliged to contribute or indeed to use the information given.

The one thing I will say about those who regularly contribute to the thread, the ones that I know, they genuinely do trade.
And they are just like you, regular people looking to make a way in trading.
The methods that they employ now would have worked 50 years ago and no reason that they won't heading into the future.

The single one reason for the markets to be made available are for those, controlling the markets, (and they are controlled), to make consistent money.
You as a trader must figure that out.
No one from the controlling Elite lose money!
Trading provides them with consistent money, guaranteed.
To do that the markets have to move in the most efficient way possible.
Each move is planned, in advance.


The thread started as a discussion and it has lived up to that, I have however added one line to the opening post,

No secret or hidden agendas to be found on this thread!
  • Post #2
  • Quote
  • Edited 10:00pm Mar 22, 2021 9:47pm | Edited 10:00pm
(edit)
(edit: just checking I can edit )


I'm sneaking some very small pips, and a NEW thread has dawned

no boundaries, excellent Andy.


What to say hmmm


Ok.

re PRICE & low liquidity periods.

If YOU are in DD now.

In a low vol period in the market.

Regardless of where price is or where it is going.

Then YOU, dear trader, are THE current liquidity, that the market is feeding on.

What is your strategy then ?


.
Attached Image
Quoting TimeTells
omg, i'm sneaking very small pips, and a NEW thread has dawned no boundaries, excellent Andy. Let me see. What to say lol Ok. re PRICE & low liquidity periods. If YOU are in DD now. In a low vol period in the market. Regardless of where price is or where it is going. Then YOU, dear trader, are THE current liquidity, that the market is feeding on. What is your strategy then ? . {image}

Crickey Pete

Talk about straight to the jugular....

The data we trade will head to previous areas of interest......
Just oscillating back and forth, setting areas, revisiting, human nature would drop gifts of cash off at these areas and the data will just ebb and flow, collecting.
Until we can see the money pooled and I mean see it printed on a chart, not assumed, then my explanation of course is the correct one!!
  • Post #4
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  • Edited 11:15pm Mar 22, 2021 10:13pm | Edited 11:15pm
I should have left FF by now.

However, I felt it important to make this contribution to FF community as a whole. This discussion will end up pointless if the basics is not right. So here's the basics.

When we examine price at the deepest core, there is a necessity to have no assumption. Zero assumption at the base. Once we assume something to be true, then we are not boundless anymore. Instead we become biased. Based on whatever assumptions we believe.

That's the problem with such discussion. Every member has their own belief based on whatever assumptions they think is logical and sensible to them. The permutation becomes so diverse. And each one of us bring our beliefs to such a discussion demanding that our belief to be true and others false. What's true for me is false to someone else vv. It happens to be the case.

How can there be a discussion that some of us hope for when all we do in such a discussion is to shout at the other guy "you're an idiot"? No discussion is possible on FF imo other than the usual argument drama that provide fun and entertainment. It's only possible in smaller groups with like minded people whose priority is singular, "wtf is the truth? ". Each participant has to be brave enough to place themselves outside their comfort zone to present themselves vulnerable.

One more point and I'm done.

There are few thousand threads that tell us how to trade profitably.

There are so many "profitable" members that teach us how to trade profitably. I think there are thousands of "profitable" members on FF thumping their chest pointing to themselves. A lot of nice TEs to back their claims too.

So what's the problem then?
Learn from these gurus. They got it figured out.
Gurus live on FF to teach you for free how to trade profitably. That's their life calling.

Few thousand threads, few thousand "profitable" gurus.
Plenty to chose from. Spoilt for choice.

What's the point of Andy's thread?

(No offence Andy, just speaking my mind as usual. Promise, my last.)

Blob's post.
https://www.forexfactory.com/thread/...1#post13461501

The source of dummy is EGO.

"The Majors moves an average of 120pips daily. Why aren't you able to capture 10pips of it daily?" ~CrucialPoint

"Where does the edge sit on the chart?" ~ BWilliam

This is how an educated person think.

"And therefore when we go to investigate it we shouldn't pre-decide what it is we're trying to do except to find out more about it." ~ Richard Feynman
Inserted Video
Trade the value
Quoting BWilliam
When we examine price at the deepest core, there is a necessity to have no assumption.
Zero assumption at the base.
Once we assume something to be true, then we are not boundless anymore.
Instead we become biased.
Based on whatever assumptions we believe.

What's the point of Andy's thread?

(No offence Andy, just speaking my mind as usual. Promise, my last.)

Blob's post.
https://www.forexfactory.com/thread/...1#post13461501


Hahaaa, great to see you in this 'new' cafe' BW.

You ask, what is the point?

Well the point might be to flesh out some ideas for new traders
(from the hardened old & wisened ones)


And YOU BW have now offered some points ALREADY for what might be Andy's point who knows lol,

(and maybe without you even realising )

I'm out to lunch, then patting the dog, then early dins befeore Franky
Quoting TimeTells
(edit) (edit: just checking I can edit ) I'm sneaking some very small pips, and a NEW thread has dawned no boundaries, excellent Andy. What to say hmmm Ok. re PRICE & low liquidity periods. If YOU are in DD now. In a low vol period in the market. Regardless of where price is or where it is going. Then YOU, dear trader, are THE current liquidity, that the market is feeding on. What is your strategy then ? . {image}
Hi TimeTells

I think you are very close to the fact. You would become the primary seller or buyer in the order flow books for a brief moment in time if your order size was of a reasonable size.

I know you trade just the majors the same as me which is important because you have access to some important data for a monthly fee. This data will allow you to know what proceeded your order, what major player recently traded.
What your strategy should be is to find the last recent major order size placed by a big player and check out the Delta of that order. If that order was a large bearish order that followed a series of smaller bullish delta orders on the same candle that was of large ATR size, follow that large signal.
Therefore you know the major player was taking control of a market and which way he is going to push the market.

So if you were trading with their delta signal, stay in.
If you were trading against that delta signal, take the bloody loss.

Follow the money after it has control of direction.

Cheers
Trading thin liquidity at the boundary of the charts
Early din dins before Franky, I wounder if I could get away with that. Only prob is I would be having lunch before midday, so brunch with no breaky. Brunch after Asian open, dinner before Fr/London open and supper before NY, I wonder if she who must be obeyed will agree.

Might be easy to move to Perth
Good Trading
Quoting RickM
{quote}
You would become the primary seller or buyer in the order flow books for a brief moment in time if your order size was of a reasonable size.

What your strategy should be is to find the last recent major order size placed by a big player and check out the Delta of that order. If that order was a large bearish order that followed a series of smaller bullish delta orders on the same candle that was of large ATR size, follow that large signal.

Therefore you know the major player was taking control of a market and which way he is going...

Thx Rick, I appreciate your input pal.
Quoting moodybot
Flying Dutchman The legend that reveals itself to the lucky few.... Thread for the purist or conspiracy theorist. What is real, what is price, do we have the time, what is time! How do they connect! Do they connect..... Had some PM's asking to continue with the previous thread, I felt it required a less confrontational title so maybe this will carry on where the other stopped. If no interest, no sweat, will let it sail into history...hmm, history, does it affect the future...!! Questions, questions, always question... Starting with a clean...
Hi Andy

The question That interests me the most

Does price determine liquidity or does liquidity determine price?

Cheers
Trading thin liquidity at the boundary of the charts
Quoting RickM
Hi Andy The question That interests me the most Does price determine liquidity or does liquidity determine price? Cheers
If it's so simple economics 101 liquidity determines price then the forex or whatever market must collapse. Why are we here discussing?

Otoh, what use to the retail trader if price determines liquidity?

So what has gone wrong? Somewhere.
(RickM, this post is for you.)
Trade the value
A shame dkrock's post went down the tube.

I had a question there whether the pending orders would be placed from hedge, institutional, IB areas of trade.
Then the someone who takes the opposite side of the pendings must be well-heeled financially as well, to absorb all the pendings.

I am assuming of course that most retail are therefore market orders ? (and maybe make up the remaining 10%, from the 90% pending).
Quoting BWilliam
{quote} If it's so simple economics 101 liquidity determines price then the forex or whatever market must collapse. Why are we here discussing? Otoh, what use to the retail trader if price determines liquidity? So what has gone wrong? Somewhere. (RickM, this post is for you.)
But doesn’t your Algo theory state fair value is at a price level. You should be Believing price controls liquidity.
Trading thin liquidity at the boundary of the charts
  • Post #13
  • Quote
  • Edited Mar 23, 2021 12:21am Mar 22, 2021 11:47pm | Edited Mar 23, 2021 12:21am
Quoting RickM
You should be Believing price controls liquidity.
That's a straight forward deduction isn't it? Imv that's how the wholesale market operate.
(I don't want to get drawn into this discussion. You guys figure what to figure out. Pete showed how to do it the scientific way many posts on the real or algo thread. Check his post history.)

Ps Pete, this thread need you to moderate/facilitate again.
Trade the value
Let's compare the prices of milk all over the world.

2.19 / 2.29 / 1.99 / 2.14 / 2.59 / 3.19 / 2.29 / 2.15 / 2.25 / 2.39 / 2.19 / 2.29 / 2.39 / 2.75 / 2.09

Just some examples. What is the average? Once you know the average, do you know if you are paying more or less than the average?

Where is the time???? On a trading chart, there is time. Shouldn't there be time in the price of milk?

Hmm. So those stupid fake lines you all draw and call support/resistance mean absolutely nothing because the candles you see and connect also mean absolutely nothing.

Hi Drock
Food for thought mate. I’m sure some of our inmates will chew the fat. I know Pete would like to comment.
Thanks for dropping by.

Andy
Trading is not complicated business.

Has anyone tried to JUST buy the GBP. Opening and managing ONLY GBP buys?

Or maybe, JUST buy the USD? Opening and managing ONLY GBP sells (in GBPUSD)?

1. Just determine the major trend from a STARTING POINT.
2. ANY indicator is good for the job (they ALL have 50% wrong vs. 50% correct ratio).
3. Stick to just one side and DON'T flip sides at those infinite micro indications for direction changes.

Some starting points will bring you negatives, most will bring you positives. Handle these, so you can profit at the end. Any small business, worldwide, operates like this.

Doing this will take you somewhere, maybe almost all of you have never been at, yet.

And time matters. A lot. Regardless of what they are trying to present you here.
Maadik Hugiis. IQ 69.
Quoting BWilliam
I should have left FF by now. However, I felt it important to make this contribution to FF community as a whole. This discussion will end up pointless if the basics is not right. So here's the basics. When we examine price at the deepest core, there is a necessity to have no assumption. Zero assumption at the base. Once we assume something to be true, then we are not boundless anymore. Instead we become biased. Based on whatever assumptions we believe. That's the problem with such discussion. Every member has their own belief based on whatever...
Thanks BW, welcome to post anytime.
Quoting MoneyZilla
Trading is not complicated business.

Good to see you Zilla.

I went to OPSM last week and I have my new reading glasses on.


So I nearly fell out of my chair with your post size lol.

It was like being a kid at the movie theatre in the old days.

And the only seats left were in the very front row.
Quoting moodybot
Let's compare the prices of milk all over the world. 2.19 / 2.29 / 1.99 / 2.14 / 2.59 / 3.19 / 2.29 / 2.15 / 2.25 / 2.39 / 2.19 / 2.29 / 2.39 / 2.75 / 2.09 Just some examples. What is the average? Once you know the average, do you know if you are paying more or less than the average? Where is the time???? On a trading chart, there is time. Shouldn't there be time in the price of milk? Hmm.
Any milk shopper can easily see time on the list of prices.
Professional forex traders can't see time. Hmm.
How about we physically arbitrage 1.99 with 2.75 somewhere in this world?
Or simply apply Galton's rtm?
Here we go, Andy.
Trade the value
Quoting BWilliam
{quote} Any milk shopper can easily see time on the list of prices. Professional forex traders can't see time. Hmm. How about we physically arbitrage 1.99 with 2.75 somewhere in this world? Or simply apply Galton's rtm? Here we go, Andy.
Hi BW

I quoted from Drock, I had left his post open then he removed it...
Being the type of thread that's already shaping up, of course I placed it straight back onto the thread..
Pete made me do it, honest!!
Quoting moodybot
{quote}
Hi BW I quoted from Drock, I had left his post open then he removed it...

Being the type of thread that's already shaping up, of course I placed it straight back onto the thread..

Pete made me do it, honest!!

Ffs, as if I could make you do anything.
You are a LAW unto yourself Mr Andy


quote drock:
Hmm. So those stupid fake lines you all draw and call support/resistance mean absolutely nothing because the candles you see and connect also mean absolutely nothing.

I agree with the S/R statement. I mean, really, WHO is doing all that supporting and who is doing all that resisting. I never grapsed that idea.


But.

A connecting line between candles. And how could that have ANY meaning, I often do wonder.

But then, and more importantly imho, WHO might that have a meaning to?


(Ahh, questions, makes the world of FX go around - and around)
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