re: "incentive fee of 50%" Do you mean "performance fee" ? and are you saying you're not incentivised to trade OPM for anything less than a 50% performance fee? Wondering where you plucked the 50% figure from, as it feels extortionately high. ...

we can give you a consistant 10% per month on your investment!

Thank you, for your detailed response, clarifying your approach. So, on M1 we're scalping and more concerned with the setup than necessarily HTF orientation, if I understood correctly? With 1:1 RR emphasis is rather on win-rate to grow our equity? I ...

(binned per thread starter's request) Market bottom rotation trad

Hi are you demonstrating a principle or also a trade you actually took? wondering where you would have entered and exited? GJ in really strong down momentum and it looks mid-air; I see no support or demand yet, just there. As it happens the next ...

(binned per thread starter's request) Market bottom rotation trad

This really makes sense. Would love to learn more about this. So, I would ask, how do you define bias and market structure, exactly? For e.g. I look at Swing High/Lows (HH's, HL's/LL's & LH's) but pretty sure I'm missing something in the ...

Alifari's Trading Journal

Swing low to high: image 1st 8hrs of trading: image Different results but more a less similar. Then you drill down to find reasons to enter market using MM concept & Volume

Introducing Russell Waves - beyond Fibonacci and Elliot.

I SEE... that's where I went wrong. THX

Introducing Russell Waves - beyond Fibonacci and Elliot.

The picture showed in that example that one could either take the first 8-hr block or the swing hi/low which would be more than the first 8-hrs trading. So, my question related to that.

Introducing Russell Waves - beyond Fibonacci and Elliot.

I see for myself now, that we can't mirror the levels on both sides using one fib ret tool. I thought it logical that simply by putting a minus sign (-) in front of the same numbers would create a mirror effect, but that's not the case.

Introducing Russell Waves - beyond Fibonacci and Elliot.

I was wondering whether mirroring the levels so that they're projected or reflected on either side of the 8-hr block works? Or do you re-plot the levels during the week if it looks like a Hi/Lo has been established and P is now reversing? image Ta

Introducing Russell Waves - beyond Fibonacci and Elliot.

image Is there more than one way to plot the Mon. opening session? In this example I used the 1st 8h trading block but p carried on higher before turning. Another possibility might've been to plot the entire High/Low swing or the 8hr block from ...

Introducing Russell Waves - beyond Fibonacci and Elliot.

Thank you. Look forward to furthering insights you share here about the meaning & relationship of these levels and how one can trade them.

Introducing Russell Waves - beyond Fibonacci and Elliot.

We got there - thanks

Introducing Russell Waves - beyond Fibonacci and Elliot.

As an example, would I be looking for P to turn at GM4a? image

Introducing Russell Waves - beyond Fibonacci and Elliot.

I removed everything, so, started from scratch. Added the GM levels. I hope i got now image

Introducing Russell Waves - beyond Fibonacci and Elliot.

Like this? image What about the Golden Mean numbers?

Introducing Russell Waves - beyond Fibonacci and Elliot.

Thank you, for clarifying However, it does still to me look like you're using the Fib Retracement and not the FibExtension tool Also, not sure how I wold enter the rest of the settings. This is as far as I've gotten so far image

Introducing Russell Waves - beyond Fibonacci and Elliot.

TDI and volume indicator are widely available. These are not the 4th Octave indicator you refer to? For mapping it on our chart using the fib extension, you say? Is it rather the fib retracement tool, you refer us to? If you would kindly post a ...

Introducing Russell Waves - beyond Fibonacci and Elliot.

Some more questions on Flags image

ReadtheMarket - Supply and Demand with Price Action

Thank you for clarifying the distinctions, Albergo. Would greatly appreciate further clarification on the distinguishing concepts. How do the three combined add to our edge in reading the market? I must admit, I generally read Flags, FL's as RBR or ...

ReadtheMarket - Supply and Demand with Price Action

image just my opinion

Beyond the Candles