Thank you Tess, but also thank you to all the other contributors in here - I now realize just how much of a privilege it has been to meet & interact with you.
with that user name i’m assuming you used to post over at fsr with Joe, Jimmy & the other regulars?
if so what are you up to these days.
i’ve enjoyed casually leafing through the content on there, & as with this thread, there are/were some very impressive contributions on there.
One & the same 
These days I work for a data & news aggregating portal providing multi access information to the institutional sector.
Yeah there’s a lot of pretty cool content on the thread. Shame it was part of such a sh1t website.
Do you still have contact with any of them?
They were no slouches that’s for sure.
Yes, it seemed very much out of place on there. Like seeing a Porsche parked amongst a gaggle of beat up, rusty old Lada’s lol.
Nice to see you finally contributing over here.
Hope you pick up where you left off 
I do as it happens. I speak to or see most of them during the course of a typical year. The only ones I don’t hear from as regularly as the others are midge, xerb & 2taps.
Sarah doesn’t trade much these day’s (additions to the family) & zilly experienced a health issue which side-lined him for the best part of last year, but the others are still very active in one form or another.
I don’t get too much time during the week, & it’s not as though the thread is short on quality content, but hopefully I’ll indulge in a bit of banter with one or two pirates from the other site who occasionally look in here.
This is a really difficult three piece puzzle ya’ll. I believe I finally have two pieces of it. So stoked. . . cuz I believe even without the third piece, the way I am now seeing things. … I might even profit without necessarily knowing the price driver(s) and how they work.
Thanks so much for the continued contributions to this thread.
Well it’s a man for all seasons which appeals to differing experience levels Perch Tird & it doesn’t really matter if person A finds it slightly more difficult or takes longer than person B to slot the pieces together, just as long as eventually they get the job done to their satisfaction with minimal damage to their capital into the process.
We’ve always maintained you only need to adopt as much as is necessary to achieve your objective/s, so if you can put the relevant pieces to work & generate positive expectancy into the bargain then you don’t really need to add anything else.
Keep your records up to date so you’ll be notified in good time if adjustments need to be tweaked and/or conditions begin to impact your bottom line.
Good for you mate. Hope you continue to press on!
I’d be interested what your 2 of 3 pieces constitute perch tird & why you’ve found it a difficult set up to interpret. I’m assuming your 3rd is the identification of likely drivers & influences judging by the comments?
Has your development of the process been along the lines presented within the content? or have you been compiling your own preferred interpretations?
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Identify the clearer developing or established background trending/momentum biased structure based on the weekly & daily cycle flows.
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Filter out the using the strong/weak pendulum where appropriate along with the retail positioning weightings stats to narrow down the higher probability candidates.
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Execute via breakouts or pullbacks utilizing round number guides, prior day & week high-low barriers & average range data to gauge likely intraday/week movement potential.
That process has spotlighted oil & cac as strong betting profiles for the past 6 business sessions + eur & nzd v/s jpy so far this week on forex.
Hi corpellan –
LOL- so your statement number 1 and your statement number 3 are basically what I am referring to.
My eyes and my brain are now in cohoots on what constitutes “…. Clearer background trending/momentum biased structure based on the weekly and daily cycle flows.”
I would not have used those eloquent words, but more simply put, when price is moving, then price is moving. . . find a place to get on board with that movement. Some places / times are good to try to get on board, and some places/times are just plain ignorant. ( I kept trying to prove the ignorant part can work “if you know what you’re doing” … well I am to the point where I know I don’t know what I am doing in that arena and have let it go to rest. That leaves me with more of an unbias look at what is really going on.
So using certain logical markers such as weekly H or L, or even daily H or L or intraday/session H or L PAIRED WITH- the movement or momentum, is my new key view. I think my mentality up to this point has been using this information provided in a somewhat happenstance nature.
That last statement should be cringe worthy, as it is to me. … it means I have been no better than betting on red 27 on the roulette wheel all this time. Arrgh. But at least know I know.
So onto your statement number 2. I still have a ways to go and in time this will become important as well. As you have accurately inferred, the third piece of the puzzle, price drivers, I have not taken appropriate time to educate myself yet. I’ve gone out many times to the session wraps on the website, but it is mostly gibberish for me .
Finally, whether right or wrong, but I think it is right. I have done away with any thought of a limit order. If I cannot place a stop order at an appropriate place, then I must not be viewing things correctly. . and if I am not viewing things correctly. . I should not be in the market. (I think subconsciously I was still trying to pick tops and bottoms – even though I was playing a ‘shallow pullback’. . . it would inevitably not be the ‘right’ shallow pullback, and the position would go against me seemingly all the time. I believe with a ‘generous’ stop order, I will no longer get sucked into that stuff. And besides, it looks to me like with this approach, there should be very minimal drawdown?
Again thanks for your contributions corpellan, and everyone.
Jolly good.
As laine remarked, folks learn & absorb stuff at different stages of the process, whilst others for whatever reason simply don’t or can’t get it at all no matter how straightforward it is. So the fact you’re finally getting it sorted in your head in a way that offers you more clarity, is a good thing. Well done for persevering!
We’ve always maintained that with this specific type of approach, the less you use the better the outcome & nothing will alter our view on that score.
With so few moving parts there’s less that can go wrong, providing of course the core of what you’re utilizing to execute your deals is solid, logical & consistent – which this is.
You’ll hear no disagreement from us on that score.
Well, given the guidelines you’re using (prior session highs-lows) to assist with your positioning & management, you certainly have a clear heads up when things are either stalling or exhausting. That will offer you time & clarity in assessing whether you want to scratch a fresh entry or pull up stops on rollover bets. It’s obviously not an exact science, & occasionally you’ll end up prematurely pulling a deal, but in the main it generally keeps you out of harms way & maximises a strong, aggressive run.
One of those fortunate moments in my trading life. Identification & filtering pointed me to GBP strength this week…usual analysis and foreground mapping. I fluffed up a bit on EurGbp, closing the first position and reducing risk just in case…then re-entered more or less at the same level after the market came back down.
GbpUsd didn’t stop me out on the spike (it almost did) but like I said…one of those fortunate moments.
I trailed via the 1Min peak/trough cycles when we started pressing 120-150% ATR and after the final stop hunt (which I wasn’t at screens to see) exited since we’ve printed 171% of the weekly range in 1day, and 430% of daily ATR!
To be fair, I’m also in USDJPY which is going well but nothing to write home about.
Thank you everyone once again for having drilled this process into me!
When you’re prepping correctly & constantly positioning yourself the correct side of the probability flows you’re going to get your fair share of good fortune when the cards deal these kinds of hands.
Obviously, the flip side will occasionally stop you out too, but it won’t be because you read the flows incorrectly.
You make your own luck in this game, but it greases the wheels much more efficiently when you possess a solid, consistent template to bring to the table as you’re slowly beginning to find out
Enjoy your profits & well done for placing yourself in that situation in the first place.
Yen is still the golden bollox of late & no mistake.
Every time it’s printed fresh highs, particularly v/s AUD CAD & EURO, which have been the stand out performers, the broker positional weightings have spiked indicating strong reversal positioning. A case of patiently waiting for the usual continuation set ups to begin rolling over before ensuring a decent enough percentage of average range is available, & step back into the dominant flow.
EURO will undoubtedly have neutralised a few add-in stakes from late last week during this mornings action, violating thursday & friday’s highs, but the other 2 are still chugging along handsomely.
CAD/JPY positions eased back before the w/end to just under two thirds long but it unsurprisingly spiked again earlier this morning to +87.4% on the approach to 82.0 & obligingly clicked back smoothly into short continuation mode as europe came onboard.
AUD/JPY behaved similarly on the approach to 83.0 but the spike wasn’t as dramatic. Having said that, unlike CAD, it’s struggled to put monday’s & last week’s lows in the rear view mirror thus far.
Nice bonus to start the week forexspot
the more i observe the data the more these common behavioural patterns unfold.
it was exactly the same story the other week on oil & cac.
oil data weightings especially spiked, as both recorded extreme short readings whilst extending to fresh highs. the reverse was also noticeable when they began exhausting.
both those candidates positional weightings highlighted the behavioural changes all through week commencing April 10, which continued into this week as punters late to the party as usual, began loosening their short exposure recording a neutral bias read.
this morning oil is registering a slight long weighting as is cac.
as the guys have said, that’s often a pretty good sign we need to be either betting the opposite way or scaling out & going flat after a decent momentum leg.
All good things come to those who wait!
& right on cue oil trading with a recent heavy tone slips to fresh intraday & weekly lows
Looking at their corresponding charts, those 2 very regularly dance the [I]round number shuffle![/I]
And as the retail broker positional data registers & presents skewed client biases in those scenarios, the higher tiered providers tell the true story, which supports your notion of aggressively opposing moves highlighting currencies or pairs that are clearly out of whack with current flows.
As you’re no doubt well aware, that dance is popular right across the spectrum.
They’ve proven to stand the test of time, certainly when using them in conjunction with daily & weekly range data. It merely makes the decision process a lot simpler when managing bets post-entry, especially on certain crosses that respect those levels on a very consistent basis, which is why they’ve formed the core of this & one or two other successful approaches down through the years.
They’re also pretty accurate exit-scratch prompts too when utilised in tandem with the high-low/low-high cycles & prior session levels.
If something aint broke then it doesn’t need fixing.
No point reinventing a wheel when the original works perfectly adequately.
The larger range crosses love them to bits, which i assume is what you were referring to.
As is the case most months, if you were just punting directionally via the filter & were limited to having only those up on your radar, you’d be like a kid in a sweetie shop.
Jack Mason has been earning his split percentage of Krantz’s wedge primarily punting them via dominant flow only on the big gun crosses for the past 4 years.
You can count the times where the previous level gets snapped after entry before the next ones get hit when triggering with dominant flow on the fingers of both hands. Add in sufficient daily/weekly range in the tank to justify the bet & it amps up the odds even more.
And to think this stuff was being visibly & actively pushed 10 years ago on here on the other thread.
the term woods & trees springs to mind dai morgan
woods & trees boyo