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TopCover replied May 17, 2019Morning guys - the Diagonals are providing a coherent roadmap for my G trades. Price has turned pretty much at point A - I’m not sure I can see another logical reason for the turn (gap, top/bottom etc) but then I’m on my phone....
(binned per thread starter’s request) MM (Money Maker) Detective
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TopCover replied May 16, 2019Closed trade for good pips at upper line...
(binned per thread starter’s request) MM (Money Maker) Detective
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TopCover replied May 16, 2019Taken just now - one of those brave or stupid moments but it’s only demo
So the hypotheses I am proposing is that G’s method “target levels” might include the diagonals of Laurentiu Damir’s value areas - and not purely horizontal levels ...(binned per thread starter’s request) MM (Money Maker) Detective
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TopCover replied May 16, 2019Yes R4me and that spike or movement outside of the three key lines is what you’re describing - when a spike like that happens LD says price will return inside and “fill the value area” more often than not. Let’s say (and I haven’t checked this) that ...
(binned per thread starter’s request) MM (Money Maker) Detective
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TopCover replied May 16, 2019[quote=robots4me;12275267] [quote]If no currency units are available then there can be no buying or selling. Thanks R4me Those points you made I believe define the "value" concept and the value areas. The lines drawn are not random but define a ...
(binned per thread starter’s request) MM (Money Maker) Detective
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TopCover replied May 15, 2019By the way, Laurentiu Damir’s book is “Price Action Breakdown” and it’s on Amazon and kindle
(binned per thread starter’s request) MM (Money Maker) Detective
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TopCover replied May 15, 2019after a trend change it is quite soon that you have your three lines (or as NiH98 says the TMAs he shows draw them dynamically.) Now I would like to try Gs method spotting the herd and then using the lines to determine targets in a diagonal rather ...
(binned per thread starter’s request) MM (Money Maker) Detective
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TopCover replied May 15, 2019Hey Nih98 - yes I think you’re right! i never really really thought about what the bands might be telling us in this sense but yes they are drawing the value area dynamically!
And the spikes outside of that area will also be picked up. Good ...(binned per thread starter’s request) MM (Money Maker) Detective
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TopCover replied May 15, 2019Yes Robot Trader that would concur with Laurentiu's thoughts - The diagonals ( parallels) connect a series of horizontal value areas as they move in a trending fashion. I've literally drawn the attached off of the first chart I opened. He ...
(binned per thread starter’s request) MM (Money Maker) Detective
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TopCover replied May 15, 2019R4me - Laurentiu Damir proposes that the upper, lower and control value diagonal lines (or they can be horizontal,) are lines where there is powerful movement up and down or price. I'm suggesting that the Liquidity Gaps can/do occur at these ...
(binned per thread starter’s request) MM (Money Maker) Detective
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TopCover replied May 15, 2019A fair value area is an area where both buyers and sellers agree that the instrument or security is correctly priced considering the underlying fundamentals (the middle control line in my chart is the equilibrium level) On a chart there could be ...
(binned per thread starter’s request) MM (Money Maker) Detective
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TopCover replied May 15, 2019Do as you will with the idea - I raised diagonals on the other thread and as I've said before was politely told it didn't fit with the methodology at that time - but that was long before the patriarch acknowledged Gaps (something I raised with ...
(binned per thread starter’s request) MM (Money Maker) Detective
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TopCover replied May 15, 2019All I know R4me is that there seems to be a diagonal element to both MM target levels AND Liquidity Gaps. I currently feel much more secure in estimating where price might reverse after drawing these lines....
(binned per thread starter’s request) MM (Money Maker) Detective
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TopCover replied May 15, 2019Hello all, I've long been a follower of Laurentiu Damir's theories of the market and I want to share this chart which has a couple of views on GAPS and TARGET levels and I'm proposing that there is actually a DIAGONAL aspect at play..... Note the ...
(binned per thread starter’s request) MM (Money Maker) Detective
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TopCover replied May 14, 2019Hey NIH98 - that's very good of you to take time to think about that for me. I'll try those settings later today. That's a huge effort you've gone to and is VERY APPRECIATED!
Thanks manNIH98 Journal of Whatever
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TopCover replied May 13, 2019Hi HIH98 - I have had very impressive success with this method today - thanks for bringing it! You undoubtedly have a world of knowledge. Can you think of what you could apply to achieve the basics for this method in tablet or iphone MT4 ...
NIH98 Journal of Whatever
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TopCover replied May 11, 2019Hi Aquila - now THAT WAS A FANTASTIC ANSWER! Thank you mate
Your chart was very helpful as was your description! Great - I see my mistakes.
is that indicator on this thread somewhere? cheers Ray(binned per thread starter’s request) MM (Money Maker) Detective
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TopCover replied May 11, 2019Hey Robots - mind your health. This is lower on the priority list. And just be careful of the levels of obfuscation at play here... cheers bud Ray
(binned per thread starter’s request) MM (Money Maker) Detective
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TopCover replied May 10, 2019R4me That must have been a great session or two you've had with G - can you describe what was going through your head as you watched the charts operate like an ATM on speed? Fascinating stuff!
(binned per thread starter’s request) MM (Money Maker) Detective