16 candles in the '58 edsel'

[corin]

With the right, or should I say, more relevant information to hand, it becomes a man-for-all-seasons kind of deal.

It does indeed. Very good
Any little edge will do as they say. It doesn’t need to be big & it doesn’t need to be fancy, merely effective & consistent.

[Tess]

At least your jing-a-ling is an original, which is more than can be said for that lazy sister of yours. It must be all that stress she’s under these days occupying the big leather swivel chair slinging quality malt down her throat & puffing on those hand rolled cubans!

we don’t all have time to burn at this time of year like you bookies
but seeing’s its christmas & it’s you, i’ll throw in an original
have fun kids

[apache_rider]

Mt4 Ending, NSA spying, What.?

My clock has run down on here I’m pleased to say.

cut off in your prime
I blame that speedybump hombre, he’s bad tobacco!
one for the road master corin

[corin]

Worthy of any journey. Hang loose
Did you scoop much up underneath 110.80 earlier?

[cator]

Did you scoop much up underneath 110.80 earlier?

Enough for Dan the man to stand us all a curry in a posh establishment with several rounds of beers & whiskey chasers

The momentum’s got his hat on the past week or so on one or two spotlight pairs that’s for sure.
Like kids in a candy store.

[MattW2009]

If someone could only view the markets once a day, for example those who commute to work, would your advice be to apply the framework but use higher timescales (weekly & daily vs 1h/5m for example) or do you feel that such an approach is beyond the sweetspot for taking advantage of market momentum?

[on_the_bid]

You can switch the framework & structure up & down the scale however you want Matt.
That’s the deal that was originally presented, & price flows will continue to offer up those cyclical behaviour traits because a lot of it revolves around crowd participation & taking advantage of the typical & repeatable patterns it continually offers.

You’ll struggle legging into the types of momentum moves usually referred to in the thread using the key & prior session/day level breaks & more so pullback triggers, if you’re only dialling in once a day. Your whole game plan will need to be adjusted accordingly based on where & how you decide to enter & what type of risk profile you’re looking to employ.

It’s no secret the activity levels will be much higher & offer a wider selection of betting opportunities when actively following the filtered candidates because it’s geared toward capturing the pops in short-to-medium term directional momentum plays as explained in the content.

How deep your pockets are will dictate how spicy your risk profile & projected profit outlook is. You’ll need to absorb your fair share of stop-starts, but when you do manage to leg into & catch a decent run those frustrating false starts should offer good pay-back.

It’s a whole different mental game when you begin switching up your time horizons!

[sylvanbirch]

I really like this stuff a lot. Got steered to the thread middle of last year from mentions in Merle Fleming’s room & Meisler’s site & have been looking in ever since.

At the time i was in the process of revisiting fx spot & futures, looking to merge bits & pieces from a couple of set ups i’d used previously into 1 strategy of which round numbers & time sessions strongly featured, hence the nod to your work.

The 1 & 3 month range numbers have proved very consistent with prioritizing & managing moves to daily & particularly weekly wraps on the forex, even during subdued activity periods.

Of the 6 top filtered pairs tracked last week, 5 of them closed within 1% of their weekly ranges & 4 of them settled into round numbers. It’s not an uncommon observation by any stretch, even in variable volatility conditions, so it’s high time i stepped forward to thank you guys for sharing these simple, but efficient set up features & benefits.

Considering it’s a relatively lightweight strategy it’s returning some pretty heavyweight results. One thing i particularly liked was how it flowed seamlessly from sim to live minus any order execution surprises or disappointments. I expected fills to cause a few hiccups especially on some of the less liquid pairings, but i’ve experienced very few issues at all.

Appreciating & really enjoying the content. One or two of the videos aren’t too shabby either

[double_6]

good to hear
what’s spiking your radar this week?
& more importantly, where are the prime candidates spiking from & to?

[sylvanbirch]

Yen (barring usdjpy) is the clear front runner again this week highlighting slides off round numbers & slipping previous weekly lows against pound, euro & aussie. All 3 have covered best part of full weekly ranges into their fresh weeks lows & Canadian & New Zealand Dollars have garnered support at next level round numbers, having also booked 100% of range.

I’ve got audusd, usdcad, usdchf & gold on the best-of-the-rest list all for similar reasons really, slipping or pushing through previous weekly levels or round number volumes.

I’ve not had a whole bunch of time this week but did briefly run the rule over some of my my stocks groups which popped a few candidates up onto the radar for closer inspection.

[dancat]

not really a lot else to say other than welcome & congratulations for picking up the sticks & beating out a rhythm

identify
filter
execute
manage

wake up tomorrow morning or a morning 3 years down the line & that sequence, format & the tools will have you up & at em within a half hour without knowing what’s driving, influencing or dictating.

less always = more

[Kevan_Reynolds]

[quote=“sylvanbirch, post:1255, topic:71504”]…of which round numbers & time sessions strongly featured, hence the nod to your work.

The 1 & 3 month range numbers have proved very consistent with prioritizing & managing moves to daily & particularly weekly wraps on the forex, even during subdued activity periods.[/quote]
& just before all 3 slid through those prior weekly low bases yesterday, the retail positioning numbers peaked at strong reversal (long) activity with EURJPY tacking on the largest increase of the 3 in bullish weighting @81.6% on tuesday as it backed off 132.0

Don’t overlook the positional weightings. They blend really well with the session & level tools when looking to time either fresh or pyramid entries into pullback & breakout continuation moves.

Whenever the crowd is beginning to bet heavily one-way in previously strong or established cycle legs you know the odds are continuing to lean your way & and as soon as their tiered stops begin dissolving - which usually sit underneath those lows or atop the highs - the momentum generally kicks a little further along the line. But I imagine that’s a scenario you’re already aware of if you’ve been observing as long as you say.

[sylvanbirch]

Don’t overlook the positional weightings. They blend really well with the session & level tools when looking to time either fresh or pyramid entries into pullback & breakout continuation moves.

Absolutely not. I’m aggregating data from 3 of the larger retail brokers which has been giving me a half decent look at the biases up to press. I noticed a heavy lean towards longs on gbpjpy during monday & tuesday where they were betting for an upside push through 150.0

I was a little late on that short to be honest, picking it up as it breached last week’s lows. The better odds was the short through monday & tuesday’s lows through 149, but there you go.

usdcad was another big alert as shorts began building late last week, increasing monday off 1.27 & again on tuesday on the approach back, even though it printed a higher low. Those stops certainly got hammered during the New York afternoon session

As you say, it’s a pretty cool indicator when used in conjunction with flows & cycles & particularly round numbers, where most of the retail stops are usually housed. That cad bet is even more appetizing given the vicinity of the Q4 2017 highs.

[sketcher]

I was a little late on that short to be honest, picking it up as it breached last week’s lows. The better odds was the short through monday & tuesday’s lows through 149, but there you go.

Repetition & familiarity will quickly iron that out. The more you observe these scenarios setting up the more efficient & effective your decision making will be. At least you’re already spotting them, which is a great sign. I did exactly the same when embracing the format, as did corpellan & the other guys who adopted it.

Because it’s a constant rinse & repeat process with the same background/foreground & trigger routine you’ll find you’re spending most of your time fine tuning the identification & filtering elements to increase the efficiency & probability factor at the execution & management end. If you put quality in at the beginning of the process you’re far likelier to experience consistently higher results at the sharp end.

I used to start off with anything up to 8 or 9 candidates on my A list grid on a Monday (excluding stocks), but the watch list gradually reduced down to a core 3 or 4 higher quality performers. Sure, they’ll be periods when one or two on the B list will outperform the higher ranked candidates, but that’s life & it’s not as though you’re going to struggle for set ups operating this type of game play.

[sylvanbirch]

Repetition & familiarity will quickly iron that out. At least you’re already spotting them, which is a great sign. I did exactly the same when embracing the format, as did corpellan & the other guys who adopted it.

Thanks sketcher. Yeah i’m not stressing over it, just slapping myself a little for missing the obvious. It’s not like it’s not mentioned enough throughout the content.

The brokers i use don’t have metatrader as an option & i’ve never used it, but i do quite like the layout & visuals. There were some charts here with the range percentages, 00 horizontals & daily/weekly opens plotted. Are they part of their custom add ons?

[stakz]

@sylvanbirch

There were some charts here with the range percentages, 00 horizontals & daily/weekly opens plotted. Are they part of their custom add ons?

The verticals are a standard inclusion. The rest are a pick n mix package available as a download from one of tess & jjay’s software guys. They can code & load anything you want onto any chart package of your choosing. It’s not MT exclusive. My brokers don’t offer it either so I just use it for visuals. I also prefer the layout & versatility of it.

[volan]

The brokers i use don’t have metatrader as an option & i’ve never used it, but i do quite like the layout & visuals. There were some charts here with the range percentages, 00 horizontals & daily/weekly opens plotted. Are they part of their custom add ons?

You don’t have enough posts to pm so if you want to configure anything & are still an active subscriber in Merle’s room hit up Sara H (if she’s still one of the moderators?) & ask her to send your details to tessa/jay. You can discuss your requirements with them. No charge/no fee.

[Saul_Reivers]

usdcad was another big alert as shorts began building late last week, increasing monday off 1.27 & again on tuesday on the approach back, even though it printed a higher low. Those stops certainly got hammered during the New York afternoon session

That cad bet is even more appetizing given the vicinity of the Q4 2017 highs

which it tagged today up at the 1.29 handle sniffing & snouting out potential orders atop those highs.
looks like you nibbled on some of that move, if so well done.
plenty of decent stuff moving from one round # to the other at the moment & it’s at times like this you’ll cherry pick some sweet fruit…don’t be afraid to get stuck in

[sylvanbirch]

The verticals are a standard inclusion. The rest are a pick n mix package available as a download from one of tess & jjay’s software guys.

Cheers stakz, yes that’s the chart set up i was referring to.
I do like the visuals on that platform. Obviously its irrelevant which charting platform is used as they all tell the same story, & this model doesn’t require price indicators or even precise entry/exit variables so it matters even less.

in Merle’s room hit up Sara H (if she’s still one of the moderators?) & ask her to send your details to tessa/jay.

She is indeed still one of the room marshals volan but she’s been on an extended break of late. I’ll contact Greg or Stefan & ask if she’ll kindly contact me via pm. Thanks guys really appreciate your help. Brilliant

plenty of decent stuff moving from one round # to the other at the moment & it’s at times like this you’ll cherry pick some sweet fruit.

You’re not wrong there, which has been reflected in my ever expanding A (& B) list.
Sometimes it just rains quality.

Definitely keeping that pair + a holding stake on the front burner for a while to see what occurs on & around those highs. There’s plenty of clear air above those Q4 clouds.

[laine]

I really like this stuff a lot. Got steered to the thread middle of last year from mentions in Merle Fleming’s room & Meisler’s site & have been looking in ever since.

How long you been in Fleming’s room sylvan?
Thought that place had stopped taking fresh members long time ago.
You work/worked in the industry?