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Flying Dutchman

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  • Post #4,361
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  • Dec 1, 2022 8:51am Dec 1, 2022 8:51am
  •  turnip15
  • Joined Sep 2006 | Status: Member | 8,665 Posts
@bluesteele

Something put a rocket under Cable -left the box behind
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every Saint has a past. Every Sinner has a Future
 
2
  • Post #4,362
  • Quote
  • Dec 1, 2022 9:13am Dec 1, 2022 9:13am
  •  Shabs19
  • Joined Aug 2006 | Status: Member | 3,568 Posts | Online Now
Quoting turnip15
Disliked
@bluesteele Something put a rocket under Cable -left the box behind {image}
Ignored
Markets liked this News, so RISK OFF sentiment.

Interest Rate on Bonds Auction goes Up, Investors pile into GBP.

Notice JPY & EUR Yields down or unchanged.

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Follow the Money
 
3
  • Post #4,363
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  • Dec 1, 2022 9:22am Dec 1, 2022 9:22am
  •  spzd
  • Joined Dec 2010 | Status: Hybrid PA | 2,613 Posts | Online Now
Quoting Shabs19
Disliked
{quote} Markets liked this News, so RISK OFF sentiment. Interest Rate on Bonds Auction goes Up, Investors pile into GBP. {image}
Ignored
Powell already knew this data before his speech yesterday. The Fed will not (so they say) raise rates as aggressively. This gives everyone else breathing room. Hence the large moves since yesterday post Powell speech.


All pre-programmed into the ALGO. Wonder if there should be the trademark symbol next that word ...
Mark ... Either you understand or you don't, and that is that.
 
3
  • Post #4,364
  • Quote
  • Dec 1, 2022 9:32am Dec 1, 2022 9:32am
  •  Shabs19
  • Joined Aug 2006 | Status: Member | 3,568 Posts | Online Now
Quoting spzd
Disliked
{quote} Powell already knew this data before his speech yesterday. The Fed will not (so they say) raise rates as aggressively. This gives everyone else breathing room. Hence the large moves since yesterday post Powell speech. All pre-programmed into the ALGO. Wonder if there should be the trademark symbol next that word ...
Ignored
Sure they do, the CBs' are a cartel. They cannot allow the system to fail and they all work together as elites do.

Probably ALGOS, Not only one, If the Algos are set price levels, then I agree with you.
Follow the Money
 
3
  • Post #4,365
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  • Dec 1, 2022 6:20pm Dec 1, 2022 6:20pm
  •  TimeTells
  • Joined Dec 2018 | Status: Trading, and Music; that'll do lol | 2,393 Posts
We could call it our highly organised markets


I called this mornings GJ chart probably just a coincidence

Twas the first day of the new month movement expectation

.
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  • Post #4,366
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  • Dec 1, 2022 7:30pm Dec 1, 2022 7:30pm
  •  spzd
  • Joined Dec 2010 | Status: Hybrid PA | 2,613 Posts | Online Now
Quoting TimeTells
Disliked
We could call it our highly organised markets I called this mornings GJ chart probably just a coincidence Twas the first day of the new month movement expectation . {image}
Ignored
You brought this up last month, I think. Something else to add to the project list. Man, that thing is getting long.

If I have this right, day one is commonly a north/south or south/north shakeout with a landing somewhere near the middle.
Mark ... Either you understand or you don't, and that is that.
 
2
  • Post #4,367
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  • Dec 1, 2022 7:45pm Dec 1, 2022 7:45pm
  •  TimeTells
  • Joined Dec 2018 | Status: Trading, and Music; that'll do lol | 2,393 Posts
Quoting spzd
Disliked
{quote}
You brought this up last month, I think. Something else to add to the project list. Man, that thing is getting long.
If I have this right, day one is commonly a north/south or south/north shakeout with a landing somewhere near the middle.
Ignored

Hi Mark,
Well these are all just my observations of course, but my assessment is that larger players like institutions & hedges and big swing traders are setting up their long 'un trades and all the initial ups & downs price movements firstly attracts and then holds ALL of them, both the buyers & sellers, inside a (wide) range so that the trades just sitting there become useable liquidity for the MM to then use on us intradday scalpers & short term (15m) swingers to shake 'em and break 'em if they can lol .

All in my mind only, but this seems the repetitive market behaviour.
all the best for NFP friday pal
 
2
  • Post #4,368
  • Quote
  • Dec 1, 2022 7:50pm Dec 1, 2022 7:50pm
  •  spzd
  • Joined Dec 2010 | Status: Hybrid PA | 2,613 Posts | Online Now
Quoting TimeTells
Disliked
{quote} Hi Mark, Well these are all just my observations of course, but my assessment is that larger players like institutions & hedges and big swing traders are setting up their long 'un trades and all the initial ups & downs price movements firstly attracts and then holds ALL of them, both the buyers & sellers, inside a (wide) range so that the trades just sitting there become useable liquidity for the MM to then use on us intradday scalpers & short term (15m) swingers to shake 'em and break 'em if they can lol . All in my mind only,...
Ignored
I like the thinking. Will need to look into this a bit deeper.

Take Care
Mark ... Either you understand or you don't, and that is that.
 
1
  • Post #4,369
  • Quote
  • Dec 1, 2022 9:49pm Dec 1, 2022 9:49pm
  •  bluesteele
  • Joined Aug 2007 | Status: Member | 1,608 Posts
Quoting TimeTells
Disliked
{quote} Hi Mark, Well these are all just my observations of course, but my assessment is that larger players like institutions & hedges and big swing traders are setting up their long 'un trades and all the initial ups & downs price movements firstly attracts and then holds ALL of them, both the buyers & sellers, inside a (wide) range so that the trades just sitting there become useable liquidity for the MM to then use on us intradday scalpers & short term (15m) swingers to shake 'em and break 'em if they can lol . All in my mind only,...
Ignored

I like that "Shake n' Break" ....part of the Algo too LoL
The Best Loser Wins
 
3
  • Post #4,370
  • Quote
  • Dec 1, 2022 10:02pm Dec 1, 2022 10:02pm
  •  TimeTells
  • Joined Dec 2018 | Status: Trading, and Music; that'll do lol | 2,393 Posts
Quoting bluesteele
Disliked
{quote}
I like that "Shake n' Break" ....part of the Algo too LoL
Ignored

Hahaaa,
Hi Kev, I reckon that is the part where they spent all the big bucks on getting it done right lol.
Any ol' programmer could work it all to just have price go up or down.
 
2
  • Post #4,371
  • Quote
  • Dec 2, 2022 5:02am Dec 2, 2022 5:02am
  •  turnip15
  • Joined Sep 2006 | Status: Member | 8,665 Posts
Duplicated Post.
Bluesteele Box ?
I noticed one of Tom's favourite candles here, the one forming a pair of Double Bottoms. Tom noticed that, during research of past trades, that price reversed up the Pin body ( long in this example).
Price also whipped around the UK Open, as seen in the past, before picking a direction..
Levels come into play.
Add Box broken long

NOTE: Lot of RED news out today.
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every Saint has a past. Every Sinner has a Future
 
1
  • Post #4,372
  • Quote
  • Dec 2, 2022 5:11am Dec 2, 2022 5:11am
  •  Shabs19
  • Joined Aug 2006 | Status: Member | 3,568 Posts | Online Now
Quoting TimeTells
Disliked
{quote} Hi Mark, Well these are all just my observations of course, but my assessment is that larger players like institutions & hedges and big swing traders are setting up their long 'un trades and all the initial ups & downs price movements firstly attracts and then holds ALL of them, both the buyers & sellers, inside a (wide) range so that the trades just sitting there become useable liquidity for the MM to then use on us intradday scalpers & short term (15m) swingers to shake 'em and break 'em if they can lol . All in my mind only,...
Ignored
It really depends on your perspective, if it goes down, then Up, then down. Asia, Europe, US.

If you look at it from US to Asia then Europe, you see Down, Down then Up.

GJ today follows the same pattern, Down, Down, Down then maybe UP ?

Edit: 1st Friday of New Month, NFP Day.
Follow the Money
 
 
  • Post #4,373
  • Quote
  • Dec 2, 2022 5:18am Dec 2, 2022 5:18am
  •  fxpider
  • Joined Nov 2012 | Status: Member | 178 Posts
Fishing during the storm

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Always learning
 
2
  • Post #4,374
  • Quote
  • Dec 2, 2022 9:48am Dec 2, 2022 9:48am
  •  spzd
  • Joined Dec 2010 | Status: Hybrid PA | 2,613 Posts | Online Now
After all this drama (in the markets with the data and talking heads blah blah blah) we are about where we started the week. That would be near the open. Bet BW is having a good chuckle.
Mark ... Either you understand or you don't, and that is that.
 
1
  • Post #4,375
  • Quote
  • Dec 2, 2022 4:08pm Dec 2, 2022 4:08pm
  •  turnip15
  • Joined Sep 2006 | Status: Member | 8,665 Posts
Quoting turnip15
Disliked
Duplicated Post. Bluesteele Box ? I noticed one of Tom's favourite candles here, the one forming a pair of Double Bottoms. Tom noticed that, during research of past trades, that price reversed up the Pin body ( long in this example). Price also whipped around the UK Open, as seen in the past, before picking a direction.. Levels come into play. Add Box broken long NOTE: Lot of RED news out today. {image}
Ignored
And back to UK Open Line
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every Saint has a past. Every Sinner has a Future
 
3
  • Post #4,376
  • Quote
  • Dec 2, 2022 9:48pm Dec 2, 2022 9:48pm
  •  TimeTells
  • Joined Dec 2018 | Status: Trading, and Music; that'll do lol | 2,393 Posts
It's the apparent 'organisation' of it all that always interested me the most
(not which line, as that varies daily & intraday, over time)

Trade as we see it, imho.

.
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5
  • Post #4,377
  • Quote
  • Dec 4, 2022 10:59pm Dec 4, 2022 10:59pm
  •  bluesteele
  • Joined Aug 2007 | Status: Member | 1,608 Posts
The Algo is SIP ...

https://focus.world-exchanges.org/ar...aq-market-data

NANEX analyzes data..every single quote and every single order..Heres a couple of short vids of NANEX showing realtime down to the millisecond flow
of orders across all 16 US exchanges to which al others are connected....

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Heres some vids of NANEX showing the market flow in milliseconds 1st vid is Johnson & Johnson trrading for half a second..the vid is slowed down to milliseconds...absolutely amazing...
Inserted Video


second vid is of Amazon doing 100,000 quotes a second or 107 per millisecond... truly mindboggling when you watch this...considering these are examples of just a single stock.
Inserted Video


Ahh and heres a third vid why not..Of The S&P Futures markets liquidity from 2008 to 2015... heres a little factoid... The ES market before closing at 4 the volume ramps up 3x normal and often 4X normal.. All in the last 10 seconds of the trading day the volume skyrockets...What can happen in 10 seconds of trading ? LOL
Inserted Video

Just watch the NANEX vids...a hell of a lot.. hundreds and hundreds of thousands of orders can happen all in the blink of an eye..

Now how does a guy trade against these machines !!!

Cheers
Blue
The Best Loser Wins
 
5
  • Post #4,378
  • Quote
  • Dec 5, 2022 3:38am Dec 5, 2022 3:38am
  •  TimeTells
  • Joined Dec 2018 | Status: Trading, and Music; that'll do lol | 2,393 Posts
Mine are boring as bat-sh!t I know lol

But here's a follow up on the past two charts & the final (whew, I hear you say) of the 50% series on charts.

Past poster @failinforex was the guy I remember showing me his 50% chart lines, cheers pal.


You could search for his should you wish.

Here were my past two (in remembrance of ff , an interesting poster).

https://www.forexfactory.com/thread/...4#post14241734

https://www.forexfactory.com/thread/...5#post14243225


and today's current chart

.
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  • Post #4,379
  • Quote
  • Dec 5, 2022 5:17am Dec 5, 2022 5:17am
  •  turnip15
  • Joined Sep 2006 | Status: Member | 8,665 Posts
Quoting TimeTells
Disliked
Mine are boring as bat-sh!t I know lol But here's a follow up on the past two charts & the final (whew, I hear you say) of the 50% series on charts. Past poster @failinforex was the guy I remember showing me his 50% chart lines, cheers pal. You could search for his should you wish. Here were my past two (in remembrance of ff , an interesting poster). https://www.forexfactory.com/thread/...4#post14241734 https://www.forexfactory.com/thread/...5#post14243225 and today's current chart . {image}
Ignored
Not boring at all. But how do you know you are taking the 50% off the correct high/Low?
Perhaps the answer is in earlier posts. If so, just say and I will look - I am a sucker for new knowledge
every Saint has a past. Every Sinner has a Future
 
1
  • Post #4,380
  • Quote
  • Dec 5, 2022 6:11am Dec 5, 2022 6:11am
  •  turnip15
  • Joined Sep 2006 | Status: Member | 8,665 Posts
Lines and UK OPEN
Head hurting again Kev.
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every Saint has a past. Every Sinner has a Future
 
2
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