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Flying Dutchman

  • #3,021
  • Sep 6, 2022 8:56am Sep 6, 2022 8:56am
Quoting FocusWinReal
{quote} Discern tactics from strategies. Confusion of them doesn't help. What is superior? Trend or tactics?
No idea
every Saint has a past. Every Sinner has a Future
  • #3,022
  • Sep 6, 2022 9:07am Sep 6, 2022 9:07am
Quoting FocusWinReal
Discern tactics from strategies. Confusion of them doesn't help. What is superior? Trend or tactics?
FWR, bingo !

That's why I've never posted about how to trade ever on FF, 1835 posts.

It's meaningless. And it's not easy to explain this important thinking aspect clearly on forum format.
It's too big a responsibility of potential harm if done incorrectly. Cheers
Know what you trade
  • #3,023
  • Sep 6, 2022 9:16am Sep 6, 2022 9:16am
Quoting BWilliam
{quote} FWR, bingo ! That's why I've never posted about how to trade ever on FF. It's meaningless. And it's not easy to explain this important thinking aspect clearly on forum format. Cheers
I agree the forum format is hard.

One has to become like Neo in the matrix when he finally can see the code instead of the fake reality in front of him when he is in agent (forget his name)'s world.
  • #3,024
  • Sep 6, 2022 9:20am Sep 6, 2022 9:20am
Cable has been interesting today.
Horizontal lines and levels and times.
Higher time frame analysis and lower time frame ( 5 minute) trigger.
Bits are coming together - I hope. First trade a loser.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_2022-09-06_15-18-25_7ea2e.png Size: 178 KB
every Saint has a past. Every Sinner has a Future
  • #3,025
  • Sep 6, 2022 9:23am Sep 6, 2022 9:23am
Quoting FocusWinReal
I agree the forum format is hard. One has to become like Neo in the matrix when he finally can see the code instead of the fake reality in front of him when he is in agent (forget his name)'s world.
Blindness is the first hurdle.

Lack of ability to think tactically is the 2nd hurdle.

Both are equal huge reasons why traders fail.

On FF I wrote about the former only. Cheers
Know what you trade
  • #3,026
  • Sep 6, 2022 9:27am Sep 6, 2022 9:27am
Quoting turnip15
Cable has been interesting today. Horizontal lines and levels and times. Higher time frame analysis and lower time frame ( 5 minute) trigger. Bits are coming together - I hope. First trade a loser. {image}
With perseverance this is possible. Losses are reality. These methods (as there are a few various, but closely related methods talked about) are legit. You will get it. I have had a number of mini aha moments. Still waiting for the AHA.
Mark ... Everything you have been told is a LIE
  • #3,027
  • Sep 6, 2022 9:28am Sep 6, 2022 9:28am
Quoting spzd
{quote} I think tactics are more superior. If your method is sound the tactics will get you into a trend (whatever that may be).
The market is bigger and more complex than a tactic though.
  • #3,028
  • Sep 6, 2022 9:30am Sep 6, 2022 9:30am
Quoting FocusWinReal
The market is bigger and more complex than a tactic though.
FWR, correct. This complexity cause blindness.

Understanding complexity is the real starting point. Else traders are caught in a vicious cycle without realising it. Cheers
Know what you trade
  • #3,029
  • Sep 6, 2022 9:38am Sep 6, 2022 9:38am
Quoting turnip15
Cable has been interesting today. Horizontal lines and levels and times. Higher time frame analysis and lower time frame ( 5 minute) trigger. Bits are coming together - I hope. First trade a loser. {image}
Something else.
Price rushes down in a series of Red bars and then clambers back up, as if filling a void ( liquidity) ?
Also I have begun to notice, around some levels, price has a habit of dragging/faking people into false moves, such as a short and then promptly going the other way.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_2022-09-06_15-33-03_5be02.png Size: 184 KB
every Saint has a past. Every Sinner has a Future
  • #3,030
  • Sep 6, 2022 9:41am Sep 6, 2022 9:41am
Quoting spzd
{quote} With perseverance this is possible. Losses are reality. These methods (as there are a few various, but closely related methods talked about) are legit. You will get it. I have had a number of mini aha moments. Still waiting for the AHA.
I know somebody who says, " best Loser wins."
But I couldn't possibly say who

A collection of aha's can eventually be traded in for a mega AHA !
every Saint has a past. Every Sinner has a Future
  • #3,031
  • Sep 6, 2022 9:48am Sep 6, 2022 9:48am
Quoting FocusWinReal
{quote} The market is bigger and more complex than a tactic though.
True ... but it is tactics that allow us to take from the market.
Mark ... Everything you have been told is a LIE
  • #3,032
  • Sep 6, 2022 9:49am Sep 6, 2022 9:49am
Quoting turnip15
{quote} Something else. Price rushes down in a series of Red bars and then clambers back up, as if filling a void ( liquidity) ? Also I have begun to notice, around some levels, price has a habit of dragging/faking people into false moves, such as a short and then promptly going the other way. {image}
Turtle soup, fake outs, stop triggering.
  • #3,033
  • Sep 6, 2022 9:51am Sep 6, 2022 9:51am
Quoting spzd
{quote} True ... but it is tactics that allow us to take from the market.
Not in dispute, however they only add value to the strategic mindset and strategic approach. Any thing works in a proper trend. Have a look at history.
  • #3,034
  • Sep 6, 2022 9:56am Sep 6, 2022 9:56am
Quoting BWilliam
{quote} FWR, correct. This complexity cause blindness. Understanding complexity is the real starting point. Else traders are caught in a vicious cycle without realising it. Cheers
Exactly BW.
  • #3,035
  • Edited 10:23am Sep 6, 2022 9:59am | Edited 10:23am
Quoting FocusWinReal
Not in dispute, however they only add value to the strategic mindset and strategic approach. Any thing works in a proper trend. Have a look at history.
How to define tactics if we can't see through the complexity?

By tactics, we must already assume knowledge of the adversary.

That's why I wrote earlier, behind the tactic is the assumption. Check the assumption.

It's more complex than that. We're talking retail traders point of view so far. The market does not know we exist - we're inconsequential.

Not yet touch on the interbank fx market itself. Their tactics matter. And it's mired in complexity. Cheers
Know what you trade
  • #3,036
  • Sep 6, 2022 10:27am Sep 6, 2022 10:27am
Quoting BWilliam
{quote} How to define tactics if we can't see through the complexity? By tactics, we must already assume knowledge of the adversary. That's why I wrote earlier, behind the tactic is the assumption. Check the assumption. It's more complex than that. We're talking retail traders point of view so far. The market does not know we exist - we're inconsequential. Not yet touch on the interbank fx market itself. Their tactics matter. Cheers
Nice.

The circle of competence.
  • #3,037
  • Sep 6, 2022 10:55am Sep 6, 2022 10:55am
Quoting BWilliam
{quote} How to define tactics if we can't see through the complexity? By tactics, we must already assume knowledge of the adversary. That's why I wrote earlier, behind the tactic is the assumption. Check the assumption. It's more complex than that. We're talking retail traders point of view so far. The market does not know we exist - we're inconsequential. Not yet touch on the interbank fx market itself. Their tactics matter. And it's mired in complexity. Cheers
Which is to our advantage.

This is why it is so easy to discern the patterns of the market (algo, MM, MMs, Big Boys, whatever title they, it, them are). They have no need to hide their intentions.

One's "understanding" of the market comes from their point of view of what drives the market. My perspective is the market works on levels, time, and highs and lows.

My thoughts on what drives the market are that the algo's prime directive is stability and collecting orders. In the process of collecting orders it creates what we see as stop hunts and impulse moves (as the market moves to its next location to collect orders).

There are no real "trends", but huge stop hunts.

Plus the fact that the entire thing from long term to shortest term is fractal.

Take all this as you will. It works for me.
Mark ... Everything you have been told is a LIE
  • #3,038
  • Sep 6, 2022 2:42pm Sep 6, 2022 2:42pm
Quoting BWilliam
{quote} Hi FMA, G$ update. {quote} I posted the chart reducing the y-axis to show that blue box during the weekend. Example of value intent. This word intent speaks of the future. There's no trading yet, there's no pattern, no momentum to read. Absolute nothing. This is one part of blindness. If you are not blind you see this level below Friday close. When market traded at the box you were still blind. Perhaps now "AFTER" market bounced off the box you see it. Seeing it "AFTER" means blindness. Do you realise you don't see it even "after" I posted...
A combination of apophenia/pareidolia and self-fulfilling prophecies...

Quoting spzd
{quote} Which is to our advantage. This is why it is so easy to discern the patterns of the market (algo, MM, MMs, Big Boys, whatever title they, it, them are). They have no need to hide their intentions. One's "understanding" of the market comes from their point of view of what drives the market. My perspective is the market works on levels, time, and highs and lows. My thoughts on what drives the market are that the algo's prime directive is stability and collecting orders. In the process of collecting orders it creates what we see as stop hunts and impulse moves (as the market moves to its next location to collect orders). There are no real "trends", but huge stop hunts. Plus the fact that the entire thing from long term to shortest term is fractal. Take all this as you will. It works for me.
No. Too simplistic. But maybe for taking action you don't need more that just an illusion aligning with a partial consensus of relative/subjective reality more often than not.
  • #3,039
  • Sep 6, 2022 3:01pm Sep 6, 2022 3:01pm
Quoting Viktor
{quote} A combination of apophenia/pareidolia and self-fulfilling prophecies... {quote} No. Too simplistic. But maybe for taking action you don't need more that just an illusion aligning with a partial consensus of relative/subjective reality more often than not.
That brings forth the questions: whose illusion, whose consensus, and whose reality.

When the fact is I mainly take reoccurring patterns for entries with a probability of success that outweighs failure.
Mark ... Everything you have been told is a LIE
  • #3,040
  • Edited 4:33pm Sep 6, 2022 4:20pm | Edited 4:33pm
Quoting spzd
{quote} That brings forth the questions: whose illusion, whose consensus, and whose reality. When the fact is I mainly take reoccurring patterns for entries with a probability of success that outweighs failure.
Everyone makes their their own illusion/simulation of physical "reality" (like a digital program [software], each mind/particular interpretation depends on hardware, from our brains to the external combinations of un-controlled variables); and the ones who better harmonize with the heaviest "consensus", win more often than not.

If you can do it successfully enough to be a professional (making a living full-time only from electronic trading), well, kudos to you. Very few can consistently on the long-run...
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