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!
*****************************
Petes very important post!
While everything on tradewise a chart could also be done mathematically & methodologically I found the best initial way (for ME, I mean) was to see all this visually via the use of a Simulator across many past days of trading.
I chose the 15m chart timeframe in the end to do this so that I could also ‘see’ the current (15m) swing targets on a full screen at normal resolution/candle size with a variety of the set trader attractors added & also subtracted till I found a chart that was not overloaded with horizontal data lines (they are just PRICE as such).
The free MT4 Simulator below will allow you to do testing with your (broker provided) tick-by-tick data which is NOT volume - just market activity. The Simulator works great on a live chart date even on the weekends when currency markets are closed so is great for testing, and by that I mean a visual understanding & observation of the delta change of each candle and how some candles are quick/dynamic to build and others are slow (aggregations).
This also relates to specific session observations but is always best around price (ie the horizontal lines).
https://www.mql5.com/en/code/9220?ut...ce=mt4terminal
how to load it in your Experts etc
https://www.forexfactory.com/thread/...7#post14676017
Try and observe then ‘how’ the market moves (reacts) as it approaches targets, what price then does when it reaches or blasts through targets, how long price stays at certain targets, and which direction(s) price then takes after the targets (especially major swing points).
I myself (and just a personal preference is all) have no set formal methodology of what to do next (and trade) which is based on any formula. But this CAN be done also methodologically, of course.
Once a base understanding of the daily market mechanics is ‘seen’ & absorbed then you can add any (imho) indicators or set templates of your own choosing to give more structured ideas to your trading plans of when you might trade (Price & Time).
There are many great threads operational on FF at present with good ideas & templates that could overlay across the market mechanics to fine tune your own operations & preferred approaches.
All the best, trade safe and then trade well.
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!
*****************************
Petes very important post!
While everything on tradewise a chart could also be done mathematically & methodologically I found the best initial way (for ME, I mean) was to see all this visually via the use of a Simulator across many past days of trading.
I chose the 15m chart timeframe in the end to do this so that I could also ‘see’ the current (15m) swing targets on a full screen at normal resolution/candle size with a variety of the set trader attractors added & also subtracted till I found a chart that was not overloaded with horizontal data lines (they are just PRICE as such).
The free MT4 Simulator below will allow you to do testing with your (broker provided) tick-by-tick data which is NOT volume - just market activity. The Simulator works great on a live chart date even on the weekends when currency markets are closed so is great for testing, and by that I mean a visual understanding & observation of the delta change of each candle and how some candles are quick/dynamic to build and others are slow (aggregations).
This also relates to specific session observations but is always best around price (ie the horizontal lines).
https://www.mql5.com/en/code/9220?ut...ce=mt4terminal
how to load it in your Experts etc
https://www.forexfactory.com/thread/...7#post14676017
Try and observe then ‘how’ the market moves (reacts) as it approaches targets, what price then does when it reaches or blasts through targets, how long price stays at certain targets, and which direction(s) price then takes after the targets (especially major swing points).
I myself (and just a personal preference is all) have no set formal methodology of what to do next (and trade) which is based on any formula. But this CAN be done also methodologically, of course.
Once a base understanding of the daily market mechanics is ‘seen’ & absorbed then you can add any (imho) indicators or set templates of your own choosing to give more structured ideas to your trading plans of when you might trade (Price & Time).
There are many great threads operational on FF at present with good ideas & templates that could overlay across the market mechanics to fine tune your own operations & preferred approaches.
All the best, trade safe and then trade well.
)
