Ihlas, you seem to be concentrating more on the bigger TF's. Do your principles apply to intraday as well?
- #2,401
- Jul 25, 2022 12:53am Jul 25, 2022 12:53am
- Joined Nov 2020 | Status: Trader | 2,634 Posts
{quote} IMHO, TF is illusion, or just milestones to achieve price levels. What is important is their steps (orderflow), how do they want to achieve the target and where. They may lure just goofing around certain price zones, and bam Mr.Spiky comes down or up.
I can see from your prior post that you're not afraid of Mr. Spiky...!
- #2,405
- Edited 12:37pm Jul 25, 2022 11:39am | Edited 12:37pm
- Joined Nov 2020 | Status: Trader | 2,634 Posts
One more, 
if you remember guys that I said USDCHF,USDCAD,USDJPY too much overvalued, look at where they are. They are normal valued now
.
Did somebody make volatility arbitraging or spread scalping?
This is the 2 weeks results on arbitrage testing, profit comes depending on the position size
I have really good ideas on arbitraging, but can we do this on the long run with brokers? Any experience?
if you remember guys that I said USDCHF,USDCAD,USDJPY too much overvalued, look at where they are. They are normal valued now
.Did somebody make volatility arbitraging or spread scalping?
I have really good ideas on arbitraging, but can we do this on the long run with brokers? Any experience?
- #2,406
- Jul 25, 2022 11:24pm Jul 25, 2022 11:24pm
- Joined Aug 2007 | Status: Trader | 3,200 Posts
Just a short post to give some food for thought that the markets are Simple..( I did not say easy) but many choose to
complicate them beyond belief....
When you start to see the repeatable patterns that present themselves daily...BECAUSE...the markets are nothing more than a
representation of human behaviour/emotions...Humans make patterns..ALWAYS.... The Market makers know this..The Algos know this.
Smart money knows this....
Renaissance knows this.(J.S) arguably one of the worlds best daytrader...with a cough cough 51% WR...dang that hurts eh
LOL
LINES...
PATTERNS....(WITH LINES TOO ! )
TIME
PRICE...BRNs
TARGETS
MARKET MECHANICS/PSYCHOLOGY
DO NOT fall for the only way to trade is my way camp .. Simply not true.
DO NOT fall for the fallacy you need a high win rate... Simply not true.(Even scalpers dont need )
A naked chart is all many need...As everything can be deduced from the charts.
Some need indicators to help shine a light on things.... nothing wrong with that.
You can make a fortune with simply a few repeatable patterns... Just sayin...
Anyhooo....
Heres a few charts of GJ....1 Minute showing some nice trades...In particular NY at the 930 equities open (1630 chart time)
Many other setups today..just like every other day.... This is just one of several..
Just a few simple highlights on the charts to emphasize.... Patterns...Numbers...Time.. Figure out the rest its not that
complicate them beyond belief....
When you start to see the repeatable patterns that present themselves daily...BECAUSE...the markets are nothing more than a
representation of human behaviour/emotions...Humans make patterns..ALWAYS.... The Market makers know this..The Algos know this.
Smart money knows this....
Renaissance knows this.(J.S) arguably one of the worlds best daytrader...with a cough cough 51% WR...dang that hurts eh
LOLLINES...
PATTERNS....(WITH LINES TOO ! )
TIME
PRICE...BRNs
TARGETS
MARKET MECHANICS/PSYCHOLOGY
DO NOT fall for the only way to trade is my way camp .. Simply not true.
DO NOT fall for the fallacy you need a high win rate... Simply not true.(Even scalpers dont need
)A naked chart is all many need...As everything can be deduced from the charts.
Some need indicators to help shine a light on things.... nothing wrong with that.
You can make a fortune with simply a few repeatable patterns... Just sayin...
Anyhooo....
Heres a few charts of GJ....1 Minute showing some nice trades...In particular NY at the 930 equities open (1630 chart time)
Many other setups today..just like every other day.... This is just one of several..
Just a few simple highlights on the charts to emphasize.... Patterns...Numbers...Time.. Figure out the rest its not that
Master your Mind,,,Master the Market
- #2,407
- Jul 25, 2022 11:35pm Jul 25, 2022 11:35pm
- Joined May 2010 | Status: Straight line Fest | 3,194 Posts
Just a short post to give some food for thought that the markets are Simple..( I did not say easy) but many choose to complicate them beyond belief.... When you start to see the repeatable patterns that present themselves daily...BECAUSE...the markets are nothing more than a representation of human behaviour/emotions...Humans make patterns..ALWAYS.... The Market makers know this..The Algos know this. Smart money knows this.... Renaissance knows this.(J.S) arguably one of the worlds best daytrader...with a cough cough 51% WR...dang that hurts eh...
And that’s the only way…,
- #2,408
- Jul 26, 2022 12:15am Jul 26, 2022 12:15am
- Joined Aug 2007 | Status: Trader | 3,200 Posts
{quote} Yeah, but a trader can only make money on Crypto with volume!!!!!! And that’s the only way…,
BUT BUT......
When your targetting small moves (scalping boys) For me not worth it.
BUT BUT
When you are targetting larger moves....I see no reason not to swallow the spread and trade on your regular account..
Heres a prime example today of a TimeTells Fake n Flip Bitcoin Burger trade.
Market Mechanics DO NOT CHANGE ON ANY MARKET....ITS ALL THE SAME MOVES....
So I disagree Andy
Volume is not necessary to make ALOT of money trading crypto..but for the micro move punters to make a little money Yes they best stick to averaging down 5x with their "highly accurate" alpha beta cappa Delta BS volume
Because regular old classical patterns do not work on Crypto lol...
Cheers!!!
Master your Mind,,,Master the Market
- #2,409
- Jul 26, 2022 12:21am Jul 26, 2022 12:21am
- Joined May 2010 | Status: Straight line Fest | 3,194 Posts
{quote} HAHA..funny thing...I agree trading cryptos on MT4 brokers is more expensive....BUT BUT BUT...... When your targetting small moves (scalping boys) For me not worth it. BUT BUT When you are targetting larger moves....I see no reason not to swallow the spread and trade on your regular account.. Heres a prime example today of a TimeTells Fake n Flip Bitcoin Burger trade. Market Mechanics DO NOT CHANGE ON ANY MARKET....ITS ALL THE SAME MOVES.... So I disagree Andy
Apart from when the shops are shut!!!
Pete tried, couldn't order a burger if he wanted to. Had to wait for the drive through to open up, and for that, they needed a stream of punters to make it worthwhile opening up the kiosk!!
- #2,410
- Jul 26, 2022 12:26am Jul 26, 2022 12:26am
- Joined Aug 2007 | Status: Trader | 3,200 Posts
{quote} Bitcoin Burger trade, lol, only available uptown for downtown shopping!! Apart from when the shops are shut!!! Pete tried, couldn't order a burger if he wanted to. Had to wait for the drive through to open up, and for that, they needed a stream of punters to make it worthwhile opening up the kiosk!!
Andy Keeping it REAL !!! Im not sure how many will get the inference to the drive thru and all its nuances lol...
Stellar Andy !
Master your Mind,,,Master the Market
- #2,411
- Jul 26, 2022 12:49am Jul 26, 2022 12:49am
- Joined May 2010 | Status: Straight line Fest | 3,194 Posts
- #2,412
- Jul 26, 2022 12:52am Jul 26, 2022 12:52am
- Joined May 2010 | Status: Straight line Fest | 3,194 Posts
- #2,413
- Jul 26, 2022 1:00am Jul 26, 2022 1:00am
- Joined Aug 2007 | Status: Trader | 3,200 Posts
One bite and it was gone…
Master your Mind,,,Master the Market
- #2,414
- Jul 26, 2022 1:35am Jul 26, 2022 1:35am
- Joined Dec 2018 | Status: Trader | 4,594 Posts
Hi Andy & Kev,
Yes very funny at my expense lol (wink).
With BTC, as I was told, it will be a bit like looking through the shopfront window at all the delicious food.
But not being allowed to even order, until the new ‘Satchels of $$$” arrive to fill the cash register for just a short period.
Joking aside, we wish everyone well with whatever their trading preferences & mediums are. It's a battle for everybody, so respect to all having a go.
Kev has suggested keeping it simple, which imho is quite correct.
Simple in comprehension, not always in execution.
When trade execution comes into play, the trader is then ALONE. And will succeed or not on their own actions.
Chart after chart is posted on Dutchy with (for me) clarity is stamped all over them.
But this clearly, I accept, does not help traders as the next directional intent is NOT shown or is imminent.
This is OFTEN because the market has to do a “side delivery” first (of price)
(back to our food lol)
BEFORE the main meal can be delivered to its (intended) directional destination.
I can’t be more emphatic about that and nor should any new prospective trader.
Once that is recognised a trader could study & learn the ‘ways & means” of market movements & market mechanics (prior to the real price food delivery schedule).
ONCE the ‘real’ delivery must be made, it is then visually available for all traders to see (ie it cannot be hidden)
Meaning that volume can follow after intention, as night can follow day.
And that is why many traders will say that volume is not necessary for them to trade.
(but it doesn’t mean that volume it is not useful for other traders who cannot perceive the mechanics and any upcoming intent).
Here again are two simple repeated charts as there is no real point to putting up new ones.
Do not bother searching for anything on the charts other than where price starts and where price ends.
And then don’t go looking tomorrow for the next time an exact pattern turns up like these.
That is NOT the point.
The point is the market, once moving is going to A SOMEWHERE not just a random spot on the chart (this has been observably observed by observing
).
And once reaching that somewhere price MAY then continue past that arrival point. Or return back to where price came from. Who knows, not me.
I am trading within the move, to the somewhere, as best I can (and not with perfection at all, Andy saw that today, but likely profitable in its own -small- way).
All the best.
The charts are ONLY to show that price is going somewhere. Not HOW it gets there.
Once price is moving towards intent it is then up to EACH trader to determine their own entry (and exit) points.
With time, experience & patience hopefully all will be able to extract some profit from the markets.
(while the big b@lls traders go for PLENTY, myself I’m happy with just a consistent meal - rather than a FEAST each time)
Trade safe, trade well.
So
Where was price going on these charts, what did it do in between, and at what point could a trader see all this.
(first chart - price was going to a “somewhere”, then rested for a day in between [fuel stop lol], then continued)
(second chart - price was only doing ‘local deliveries’ - up & down the block, back & forth in the same suburb
)
.
Yes very funny at my expense lol (wink).
With BTC, as I was told, it will be a bit like looking through the shopfront window at all the delicious food.
But not being allowed to even order, until the new ‘Satchels of $$$” arrive to fill the cash register for just a short period.
Joking aside, we wish everyone well with whatever their trading preferences & mediums are. It's a battle for everybody, so respect to all having a go.
Kev has suggested keeping it simple, which imho is quite correct.
Simple in comprehension, not always in execution.
When trade execution comes into play, the trader is then ALONE. And will succeed or not on their own actions.
Chart after chart is posted on Dutchy with (for me) clarity is stamped all over them.
But this clearly, I accept, does not help traders as the next directional intent is NOT shown or is imminent.
This is OFTEN because the market has to do a “side delivery” first (of price)
(back to our food lol)
BEFORE the main meal can be delivered to its (intended) directional destination.
I can’t be more emphatic about that and nor should any new prospective trader.
Once that is recognised a trader could study & learn the ‘ways & means” of market movements & market mechanics (prior to the real price food delivery schedule).
ONCE the ‘real’ delivery must be made, it is then visually available for all traders to see (ie it cannot be hidden)
Meaning that volume can follow after intention, as night can follow day.
And that is why many traders will say that volume is not necessary for them to trade.
(but it doesn’t mean that volume it is not useful for other traders who cannot perceive the mechanics and any upcoming intent).
Here again are two simple repeated charts as there is no real point to putting up new ones.
Do not bother searching for anything on the charts other than where price starts and where price ends.
And then don’t go looking tomorrow for the next time an exact pattern turns up like these.
That is NOT the point.
The point is the market, once moving is going to A SOMEWHERE not just a random spot on the chart (this has been observably observed by observing
).And once reaching that somewhere price MAY then continue past that arrival point. Or return back to where price came from. Who knows, not me.
I am trading within the move, to the somewhere, as best I can (and not with perfection at all, Andy saw that today, but likely profitable in its own -small- way).
All the best.
The charts are ONLY to show that price is going somewhere. Not HOW it gets there.
Once price is moving towards intent it is then up to EACH trader to determine their own entry (and exit) points.
With time, experience & patience hopefully all will be able to extract some profit from the markets.
(while the big b@lls traders go for PLENTY, myself I’m happy with just a consistent meal - rather than a FEAST each time)
Trade safe, trade well.
So
Where was price going on these charts, what did it do in between, and at what point could a trader see all this.
(first chart - price was going to a “somewhere”, then rested for a day in between [fuel stop lol], then continued)
(second chart - price was only doing ‘local deliveries’ - up & down the block, back & forth in the same suburb
).
- #2,415
- Jul 26, 2022 3:01am Jul 26, 2022 3:01am
- Joined Nov 2020 | Status: Trader | 2,634 Posts
{quote} Well thank you, although it sounds like a cryptogram
It will, but later now.
- #2,418
- Jul 28, 2022 6:17am Jul 28, 2022 6:17am
- Joined Nov 2020 | Status: Trader | 2,634 Posts
Expectations should be higher, but someone should be glad with what he/she has
- #2,420
- Jul 30, 2022 9:37pm Jul 30, 2022 9:37pm
- Joined Oct 2020 | Status: couldn't give a flying duck | 7,365 Posts
