Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
Jocelyn
-
Content Count
26 -
Joined
-
Last visited
Everything posted by Jocelyn
-
It’s going to be a shrinking table then Mr GJ. My sister (Anna), Art & the others have drunk up, paid their bill & wandered off into the night. I agree with Arty & Andre, this joint is aimed more at the equity & ftrs community + the coding & indicator crew, which is fine if that floats your boat. Nice & friendly for sure, & I’m certain it’ll continue to attract a healthy following. But to be honest as far as the retail offering goes, it doesn’t have anything else out there to beat.
-
tell you what, ring around a few of the Prime Broker, IB desks & major firms who operate in this environment & when you get thru to a dealer or senior bod ask for feedback on your (spot) Fx-volume strategy & how it might be best tweaked or improved upon. I’d be sure & hold the ear piece away from your ear a little though, coz they’ll be laughing so loud & hard it’ll rattle your head. That’s how ridiculous that scenario really is. This thread should really carry a health warning. Either that, or just nuke it so it can't do any lasting harm.
-
As Mr GammaJammer say's; you're totally wasting your time, efforts & merely pissing into a headwind attempting to read something (volumes on spot) which doesn't exist. If you insist on matching up a volume print with your price grid then go trade futures.
-
You referring to the mish mash of ping pong oil prices/Eurozone inflationary fears/Asian CB activity Gamma? The rumor mill also tends to work overtime when there's a good helping of fundy meat on the menu. Don't you find that quite often it can be a buddy to the price action, particularly if the fundies or chatter is swirling around a key level or zone? Other times it merely serves to pull the rug from under what was a decent (technical) entry or compound stake, only to re-assert itself after all the fun & games has blown itself out. GBPJPY & GBPCHF were certainly 2 prime horses to be on into early European trade if you had a positive view of Sterling. The Asian CB sales were definitely weighing heavy on Cable (& Euro) again this morning.
-
Yep, the more back up you got the better the odds. That pair is in a determined bullish trot at present & that 9550 represents another higher low leg, you might want to keep a keen eye on it. But at least you can open your parachute if it starts to get away from you That's definitely the type of analysis that will pay dividends though (matching a trigger up with sensible price action geography). Hope this one fills your + column for you.
-
I'm sorry kiwi & forsearch but I just couldn't resist. My lil old fingers were just itching to haul this up here when I caught his post this mornin. I'm gonna pull my chair up next to Andre just in case you old boys come crashing in here with your pointy white hats/robes & waving your fire torches - you'll have to get thru him first & by golly he can stretch himself up a ways if he cares to :o if ianp was watching this story unfold then he got him a sweet piece of pie with his artilliary. In fact you snagged it twice if it was high on your radar. Depending on your risk appetite you got 2 platforms to exit the train too You might not have engineered the 2nd entry (or compound stake) via the higher low shift due to the time of day. But I guess that depends on how much you like your bed? (they're 15m graphs by the way).
-
Don't you find though that folks have a tendancy to embrace & overemphasize bad news more than they do good news? I guess that (fear) simply knocks onto trading as it does in the wider world. I guess maybe a good percentage of it is pre-conditioned. Offer someone an item of good news & they'll fish & ferret around for confirmation first, allowing the good news to begin cooling off. Pitch in a sorry tale of woe or panic & they go all out & stampede it to death :o Human nature is a strange condition for sure.
-
She drew the short straw (twilight shift). It’s an excellent arrangement actually, as it ensures Andre obtains maximum possible torment value! We got the flicking of hazelnuts off rulers onto the head area down to a fine art. If our aim is off center, then we can revert to jawboning him into submission :haha:
-
You kiddin me? seen the state of these charts out there? There's a whole lot of pain going on with everyone chopping & changing course every 10 minutes. Especially those pesky Yens. I blame the Chinese. We'll maybe have to go wait tables for KFC at this rate girlie.
-
Oh my, am I ever glad to see you. What kept ya? All sorts have been occurring, this is one busy little corner of the world. I landed last week right in the middle of a bustling, noisy boatload of asylum seekers from the T2W theatre. Lookin round for a cab, when out of the melee sprints an irate Andre all fired up ready to drown one of those agreeable fella’s he mistook for some batty old Greek philosopher. I think maybe the forum police marked his card though. He’s been his usual morose self ever since. Hell, there’s him trying to poke my eyes out with a sharpened lead pencil & a small posse of indicator haters tossing water bombs at me. Apart from that, we got ourselves a real friendly fort. Some charming fella’s right here in this thread. Mr D. Burrow of Phoenix & his chums are holding court over at the price & volume table, + they got a whole bunch of interesting vsa, profile & wot not stuff going on. They even got them a music thread. Hooty mon tooty ,we’ll have us a ball. Oh, & you missed your buddy Jason Alan Jankovsky. He was here a while, I’ve seen his threads. Apparently he’s got his own little corner shop someplace. They don’t care much for price aids here though. Like I said, I got me a small posse of indicator scalpers on my case already. I think I got their number, but it won’t harm if I got back-up, just in case. Ebeneezer Krantz, Andre, Jim & the rest would just as soon see me chased all over this fort than step in & offer helping hand. The forum police are sweethearts. Anyone who muscles that grouchy old milliard into a corner ranks high in my estimation anyhow. So, there’s the deal right there. Think we might stay a while?
-
They're all out testing those stops for sure now. 6010-30 for a taxi ride back anyone? Might get a deal for a cheap day return
-
Oh now, quit stompin all over my sandcastles you mean old bullies. You watch your step mister (milliard) otherwise I’ll get 'Sean the swot' to impregnate your console with a horrid worm or whatever it is that renders screens impotent. Can you fella’s courier across a technical manual of sorts? I don’t even think I speak that language, do I Andre? All I know is that when I haul that lil sweetie up at specific area’s of intent it gets to work & ensures I can purchase another pair of sassy Jimmy Choo’s. Anyhow, my head is still thumping mildly from yesterday’s endeavors on here + my finger ends have swollen to twice their normal size, so I’m excusing myself today from all this fun & loud play. When in the hell is the cavalry (Tessa) arriving. You’ll get your ass scolded good & proper then Mr Andre moody pants when she comes callin :haha:
-
It was only an example of a set-up/trigger Aaron. If those price aid combo's aren't to your liking, then fair enough. The point I was trying to make is, there are numerous little pearls one can assemble to take advantage of a specific short or mid term play. That's merely one which I particularly enjoy batting around when circumstances dictate. Yours could be on a similar theme or completely different. The important thing is, whatever you use needs to suit your style, comfort zone & risk profile. Folks will often take a set-up & strip it back. Bin one piece & replace it with another. Mix & match the base of a set-up with something they find useful & responsive. As long as it does what it's intended, then all good & well. If you use price & volume in harmony with bars on & around key levels or zones, then you need to get that gig nailed down real tight. You should be able to open up your tech graphs, flip through your timeframe menu & quickly adjudge whether you're good to go or not according to market conditions. If you got your strategy well & truly wired into the mains, then you'll easily recognize your Grade A playing field by the way the techs are playing ball.
-
Ahh, yes she's a worldly wise trading journey(wo)man who thinks nothing of elbowing her way into all sorts of dingy dens of iniquity :o we're not so adventurous I'm afraid. And judging by the activity today, I'm not surprised. My head & keyboard fingers are hurting. This forum chatting lark is virtually a full-time job. My lord, I'll have Mr Krantz docking my ticket if he opens up this page & counts my roll call this afternoon :\ Regards the info or lack thereof: Sorry, I meant that if we were both chalking off a blank canvas, working our ticket out of a home office, then we'd be utilizing pretty similar info streams? However, like I said; the variety of quality information (squawk, sheets etc) out there these days is certainly within the reach of a well organized & switched on retail operator.
-
Hi Wasp, You fella's from the other site sure have some cool handles. You'll have to excuse our lack of inventiveness where nicks are concerned, we don't get out much We would do just fine my friend, just fine. I see the same price as you. You can plot a supply & demand zone or line just as easily as I can from the exact same data. You got bars & candles on your software just the same design as I have. You can fire off a buy or sell clip loaded with a bullet full of booty just as effortlessly as I can. There's so much quality information out there these days for everyone to assemble. Prices are tight due to the sheer variety & depth of available content. There's never been a better time to set your stall out. If you've got a good framework, a balanced attitude, common sense & the ability to filter information then the rewards are truly unlimited. The good news is this business attracts all kinds of weird & wonderful characters :o There's always a regular flow of naive & totally unprepared punters to feed off.
-
There are no secrets out there sweety, no holy grail buckets full of magical "9 from 10 winners" or any other snake oil tid bits either. Everything gets re-gurgitated if you sit & wait long enough :o Most of the regular ticket returns out there are so simple & basic they'd knock you over with a feather, they really would. Here you go look - here’s that lil darlin I mentioned back up the thread. Jimmy got this sexy little mover off a buddy of his & it’s surprising how often it comes into play during a typical week. We keep a screen running with a few of the heavier average daily range pairs flickering away all week drilled down on a 15m frame with this set up in situ. Couple of my buddies who play p/t from home have batted it around for ages. As price begins sniffing a supply or demand, minor supp-resist or range extreme, whatever, someone here will take a glance & see what’s occurring. Usually, it’ll register a potential (early bird) signal, which if the level is a particularly juicy cherry, can be actioned. Sometimes it will act as a feeder stake (to be jobbed at), other times as a stand-alone possie. The principle can be utilized across the complete range of timeframes. Basically, you’re looking for a bar to close outside the upper/lower Bollinger edge. The next bar requires to close inside & your trigger bar is the one which registers the Cci above/below the 100 line to leg you in. You can look for divergence to add a little flavor & if you know the mechanics of Bollinger Band observation, you can use it to leg you into breakouts & compound entries via the mid band bounce. Anyhow there she is. If you were expecting some mysterious & magical previously unheard of pip collecting one arm bandit, then you're gonna be awful disappointed :o Use it or can it.
-
:o I like your balance!! Views are only as good as the money layed down to back them. I'm damned if I'll allow a view to cloud my Jimmy Choo money anymore. I've been slapped too many goddamn times out there to be fussed bout proving how accurate I can call a level. Leave that to the smart faces & those who get paid a salary come what may
-
Let you in on a little secret. I got 3 maybe 4 hardline technical set ups - period. To be honest anyone could make a very good living off 2 if you use them correctly. We got friends & family who sit at home with a 3-4 screen combo...couple Grade A set ups & their favorite handful of pairs. They spend most of their time sitting on their hands. Couple times during the week along comes a sweet little thang & they hop on it. If it dies, they get the hell out & wait for the next one. If it don't, they run the son of a bitch as long as they can & hop off again. It's mostly 60 & 240m template signals with a 15m for picking off the cherries. The chair is irrelevant. It's what you do when you're sat in that counts, & that chair can be in any place you like Like our Poppa often reminds us: "in this business less often = more"
-
Anna-Maria reckons real money (asset mngrs) $ buyers started sniffing earlier as prices backed off the highs. Time to sell $$'s again then huh :o
-
It’s been dire right from the off (apart from the pops off the top on Eu & Cable). Andre’s (milliard) on the Jap thru 103.90 as it yet again bounced that congestion area from back in May. Apart from that it’s a non-event day here. I don’t really like the look of that EU/AUD long Gamma. Those prev 2 daily bars are angry looking critters. Seems like they want to see the color of those underside stops to me. I’d prefer to see a little higher low block building (at least via the 15/30m) exercise going on with that pair before committing, but that’s just me. That’s a nasty looking hourly descent there don’t you think?
-
You got that right Mister. Information & familiarity of your patch are good bed partners. That's a pretty cool nick you got there btw
-
Hey Aaron Glad you like it. It's really a very basic, throw away kinda trigger to be honest. I was a little embarrassed to highlight it actually, it's such a like "oh come on baby" kind of set up You can spot them & simply pick them out of the water all day long across the multi-pair activity. As with any trigger, it's not what you use but where you use it Another favorite is the 1 & 2 bar reversal, especially via your 60 or 240 reference. Again, as prices jostle & hustle these key turn zones, an aggressive hourly bar (doji with an inside bar...or hammer + doji turn) can jump start a decent run back up/down the price ladder. Marry up these levels with multi-timeframe analysis & you got yourself a cute little box of tricks when opportunity comes knockin. I used to enjoy playing with a little Bollinger Band/CCi combo on the 15m frame as prices lunged or climaxed & faded off a key round number or previous imbalance zone. That little set-up often manifests itself via an inside bar kick by the very virtue of the level, activity & aggression of participation. There were 2 cool plays earlier today on the Cable & Euro via that route as prices faded off their respective round number resistance barriers. I'll try haul up the examples later when I can get a screen. There are bucket loads of triggers out there to engage. Sure, they got to be matched with your aims & style, but you can generally adapt anything to suit as long as you got a decent framework to slot them into.
-
You wouldn’t want to see what’s inside my mush of a brain Sledge. God almighty, there must be half the contents of the alco-pops production line swilling around up there. Those cells are definitely running on borrowed time. I’ll steal a leg in here before my other sister (Tessa) arrives, she’ll hate that I sneaked in & bagged a couple brownie points ahead of her :o Lets take a snook at yet another example. There are plenty out there every week. We'll use this grid map on the GY & put a little meat on the bones. It’s not difficult at all to set your stall out & get a run on events, my big sis has offered up a good few insights on here recently. As always, the Daily-240 will give you a little outer edge structure as far as the major grid zones are stacking up (as per the graphs on prev post). Anna-Maria & Andre have covered a good chunk of it already, so it’s variations on a theme to be honest. Once you got the area’s or zones snagged on your radar, it’s simply a case of matching up your favored triggers/set ups & ensuring you’re striking in harmony with your risk management jotter. So, looking at this most recent reaction zone on the Daily graph (red border @ 200.0) ideally you want to be buying from those selling into a level where demand exceeds supply. We got a good idea this stacks up from the immediate zone of previous activity to the left on & around mid April. Price formed another higher low leg having been pitched from a level where supply overwhelmed demand (most recent green grid). We’re in limbo on this pair at the moment, inside range crosscurrents, but you still got pretty clear lines of engagement to execute should an opportunity present itself according to your strategy model. Inexperienced or novice punters will usually attempt to execute way too late or jump on a fast moving train (generally as prices are approaching supply-demand camps). Those are the sweethearts you want to be transacting business with, & by structuring your trades where previous area’s of imbalance have changed hands, you’re increasing your chances of obtaining value whilst minimizing risk. You’ve got clear upper-lower boundaries to work with & more importantly, you can readily & calmly assess when to cash in your hand if events turn sour. You can also manage this activity even if you’re executing via a micro timeframe (1-5-10min frame), because you’re operating from a well structured & defined template. The outlying (marked) levels on this Daily GY graph, as well as the other highlighted zones on the previous posts graphs, can remain there until prices hustle them again. Those are my personal interest levels & they're the zones I'll be honing in on to pick off any weak links in the price chain. Right, that's enough from me for one day - time to go dancin & drinkin!!
-
And it can often make life a little easier to arrive at your decision of choice if you got your near side top & bottom access points to hand. They won't all require running & compounding, particularly if price is engaged within tight constraints. You got choices then as to how hard inside a range you wish to play it. Alternatively, if prices are stretching out into a nice technical jog up or down the ladder & price re-visits a previous area of conflict, you can wait see if the handover of money is taking place. You'll often witness very obvious weak hands operating (buying/selling) at precisely the incorrect time. God knows why, but they'll be buying at a previous area of supply & vice versa. If you got these short & long range grids pre-marked, you can begin preparing as price pops back & forth testing for re-engagement. You don't always require to transact the deal via the big timeframe graph, just map it out & trigger the deal off a smaller, more appropriate timeframe if you get a valid buy or sell ticket. You can work through a good few pairings too to whittle down the prime candidates. 4, 8 & 12 hour graphs offer you a calmer work surface to plot your action zones, then it's simply a case of waiting till the party comes to town. And when things get washed out, you got a clear view of where you need to bail out I chose the Jap, Swiss & Aussie on this gig, no other reason than they offered the brighter & clearer views.
-
:o Hoot. Mr Soultrader best hire a couple extra fella's to fill up the ink wells by the looks of things. Once you ole boys open up your sketch pads & dip those quills there's no stopping you. Gonna have to hire us a speed reader to keep track of all these words. You didn't have Hillary campaigning across there on your board by any chance?! I realize she's on the sniff for a top tier seat, but we didn't bank on her touting for the T2W hot spot.