Disliked{quote} And I'm sitting next to you with the Dunce Cap on my head :-(Ignored
Thought that was you. Kevin has just been sent out of the classroom for being a very naughty boy and not sharing his slide rule…
Equity millipede & Flying Buddha trading journal 9 replies
Flying buddah pattern 20 replies
Build an Equity Millipede with the filtered Flying Buddha 171 replies
Flying buddha pattern 12 replies
16/10/'07 - Crude oil and Greenback flying in opposite directions. 0 replies
Disliked{quote} And I'm sitting next to you with the Dunce Cap on my head :-(Ignored
DislikedJust a question BW. Are you using Market Profile in your charts? Your strategy is a lot similar to market profile using the Auction Market Theory where the POC is the fair value (in your case the DOL, WOL, and MOL). Further, in Auction Market Theory overvaluation/undervaluation is observed through the value areas (in your case thru ADR exhaustion?)Ignored
Disliked{quote} Hi FMA, no I don't use MP. Besides the open lines and adr for expansion projection, this buy and sell hemisphere is important in my strategy. Market flip from buy to sell hemisphere that's time based in clear demarcation. Just that traders don't see them. Look back at the charts I posted earlier, you see my trades are at or close to this change of hemisphere.Ignored
DislikedThis is my interpretation of the EU. Am I getting it or do I need some recalibration?{image}Ignored
Disliked{quote} How long have you been lurking, mate? Seems you'll solve this puzzle in no timeIgnored
DislikedLines in trading.. Like all aspects of trading books could be written just on the subject of lines and how to use them. As Viktor said and we all know pictures say alot. And as I had mentioned to Viktor statements etc can all be fudged and altered.... But what cant be altered is the charts...So if you want to learn or understand better or entertain different ideas charts of others are great tools. So here are some charts that lay out 2 hard set data points. Time and Price... Now time is set in stone..The opens of the London Stock Market and the...Ignored
Disliked{quote} Hi FMA, no I don't use MP. Besides the open lines and adr for expansion projection and calibration, this buy and sell hemisphere is important in my strategy. Market flip from buy to sell hemisphere that's time based in clear demarcation. Just that traders don't see them even though they experience it everyday. Look back at the charts I posted earlier, you see my trades are at or close to this change of hemisphere. The problem with identifying this hemispheres is 3 fold. Such hemispheres are mostly long and protracted, however they lose proper...Ignored
Disliked{quote} I got some lines that I have noticed but not sure how to interpret yet albeit I have a basic idea. They are formations and price travel/bounces to past levels. The 15 and 5 minute seem a good working double act ( 5 minute is the execution level) whereas the 4 hour has provided a good base for bounces? I would welcome comment on them. The lightbulb flickers intermittently lighting up new areas as I read more from the contributions on this thread. {image} {image} {image} {image}Ignored
DislikedThis is my interpretation of the EU. Am I getting it or do I need some recalibration?{image}Ignored
Disliked{quote} This was my one line simple comment early today. Bottom pic shows how market plays out as expected. {quote} This is the final trade for the day. I do scalp for 20pips depends on the time of the day which is pretty late for me. {image} {image}Ignored
DislikedEY spectacular rise brought it staring at a major level. Can EY hold above wol? For how long? GY lag at 162.90 taking cue from EY.Ignored
Disliked{quote} This was my one line simple comment early today. Bottom pic shows how market plays out as expected. {quote} This is the final trade for the day. I do scalp for 20pips depends on the time of the day which is pretty late for me. GU in the last pic. {quote} {image} {image} {image}Ignored
DislikedI made sure I added and underlined this comment. I am certain you will see this play out today market. Take a look at nasdaq and US30. There's none of the usual ob/os spike. These markets had no option since yesterday. These markets rise cautiously towards the bearish value zone which market fell through like a rock on Friday after Powell's speech. Expect oscillation between these 2 levels until a breakout happens, 12750 and 32500. Watch closely today.Ignored
DislikedGU tried to re-calibrate but cannot even reach the bisection between two WOL so the sell hemisphere is dominating? Definitely a sell there.Ignored
Disliked{quote} I think I may have answered my own questions except whether or not my entry arrows are timely or late. ( Fourth chart down)?Ignored
Disliked{quote} Hi handy148, let me explain abit about the open lines indicator that fit our requirement. For most of the open line indicators, they don't do 2 things - 1. They don't plot beyond current candle in smaller timeframe. 2. They plot only current candle, no lookbacks. The first pic is Nih98 indicator. The 2nd pic open lines indicator. So I had to use Nih98 indicator for this purpose. Use the open line plot, remove the rest. And if you're looking for adr history plot, I posted R4M indicator here. https://www.forexfactory.com/thread/...9#post13104989...Ignored
Disliked{quote} When you use the word definite, you mean there's no option left for the market. That's when you place the trade. Read my comments and my earlier posts. They tie in as you watch the chart, makes it more meaningful. The best is if you watch the market real time, write down your real time analysis. Perfect practise makes perfect. With more experience you can tell ahead of time the value intent. https://youtube.com/shorts/btFf42q-ETc?feature=shareIgnored