she recognised quality when she saw it billy boy 
nice car by the wayâŚiâll see if i can get santa to drop off a nice chunky rupert scarf, wooly hat & anti-slip grippers for your shiny shoes so they donât slip off the peddles lol
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[quote=âdouble_6, post:1225, topic:71504â]Heâll have a hell of a job dropping this beauty down my chimney missy.
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The probability percentage values on those would have been quite high then leading up the continuation breakout levels?
Certainly in comparison to everything else on the usual watch lists within those instrument treeâs? 
ha haâŚme thinks youâve played a similar game before me does.
Care to take a little stab at putting the runners in the correct traps?
From a visual/manual viewpoint it would be the indices & kiwi pairs with the commodities bringing up the rear & I might be able to take a wild guess at some of the factors used to grade the PV criteria, but what I donât know is what constitutes priority versus non-priority inclusion or how often the programmes update the instrument treeâs based on that criteria.
Clever filtering though, & I imagine a huge time saver, especially if youâve configured it for stocks too.
Wyntac, sketcher & corpellan are indeed fortunate beneficiaries.
Theyâre in constant motion. Itâs a 24/7 cycle that filters the opportunities into the same 3 step tier that weâve suggested folks use via the manual set up. Sure, thereâs a bit more going on beneath the surface that gets added to the pot, but the generics remain intact.
- A list
- B list (back burner)
- Off the radar
Obviously a machine will do way more heavy lifting than any human could, thus the opportunity triggers will be significantly higher because itâs filtering & grading hundreds of instruments every minute of the day. Even the live gambles will attract attention as & when they begin to exhaust according to the criteria & objectives primed at outset.
From a manual perspective, again weâve suggested that might well be a session or round number level that slips or violates or perhaps an average day or weekly range percentage that becomes extended.
Frameworks & structures, if solid enough will stand up to close inspection regardless of how theyâre engineered.
It kinda saves time twice.
Not only does it cover much more ground by having the numbers crunched by a machine, but it also pitches instruments up into the B & A lists often before they begin buzzing around the usual breakout/continuation levels.
As an example, if an instrument has (temporarily?) exhausted & is slipping from highs/moving off lows but the structure isnât violating prior key session levels, the filter will pitch it straight onto the A list from off the radar well before the next potential breakout level comes into view. Often that can be a week or half a week ahead of when most participants would generally begin to place their bets.
The system then grades the bet, grades the stake & apportions a risk value. If it progresses a pyramiding structure is applied, if it slips the bet is either flattened or cashed out according to the risk exposure.
[quote=âcator, post:1233, topic:71504â]As an example, if an instrument has (temporarily?) exhausted & is slipping from highs/moving off lows but the structure isnât violating prior key session levels, the filter will pitch it straight onto the A list from off the radar well before the next potential breakout level comes into view.
Often that can be a week or half a week ahead of when most participants would generally begin to place their bets.
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And expanding that a little further, it would for instance read as current week-prior week.
It could also equate to current month-prior month, but that would probably be too spicy for most of the forums appetites.
For those with a much shorter term view of proceedings the next level down would be current day-prior day.
Looking back, the key current/prior weekly levels have triggered potential pyramid stakes into continuation positions off those pullbacks early friday on spx & ftse instead of earlier today. The reason being there were no daily closes underneath current weekly lows.
Same deal on nzd v/s cad & yen.
It clearly tipped the day level group out, but similar generic patterns apply to them just on a smaller frame of reference.
That ties in with their many references to objective driven decisions. You absolutely have to have those nailed down prior to deciding how & why youâre intending to get involved. If not youâre constantly second guessing, moving stops back & forth & getting shaken out of positions unnecessarily due to stress.
One of the other big confirmers which theyâve reminded readers of numerous times is the fact most retailers love picking tops & bottoms & that fact is always mirrored in the long/short positional weightings constantly monitored by brokers.
Usually when pullbacks from either fresh highs/lows or intra-week highs/lows are in progress, youâll notice a considerable uptick of clients piling in on contra-trend positions. These weighting percentages can sometimes spike up into the high 70âs/80âs, which is the perfect time to be triggering bets back into the dominant flow of the instrument & catching them offside.
As they begin rapidly cashing out their bets or getting liquidated via their stops, it sweeps the momentum back in the original direction, & the one in which youâve earlier either legged back into or had a pyramid stake triggered.
youâre there or thereabouts.
itâs not necessarily the reason for the flow back into the dominant wave, but youâre certainly correct about that scenario catching a lot of the itchy impatient crew offside.
easy money for the facilitators & a decent heads up for the likes of you fellaâs when youâre preparing to engage or re-engage with the market.
nice clear run through of the process though - slowly slowly youâre catching that elusive monkey
itâs been so long without a song (oooo, iâm nearly a poet!)
how bout a good old traditional xmas toon!
Why not indeedy
Thatâs a heavy bunch of text for a monday. Some folks must have had a good nights sleep.
[quote=âstakz, post:1234, topic:71504â]One of the other big confirmers which theyâve reminded readers of numerous times is the long/short positional weightings constantly monitored by brokers.
Usually when pullbacks from either fresh highs/lows or intra-week highs/lows are in progress, youâll notice a considerable uptick of clients piling in on contra-trend positions. These weighting percentages can sometimes spike up into the high 70âs/80âs, which is the perfect time to be triggering bets back into the dominant flow of the instrument & catching them offside.[/quote]
Iâve been meaning to revisit this section of the content as I know of a couple of other guys who use a very similar tool, but for a slightly different purpose.
Itâs obviously used as part of the timing process for you guys when triggering back into flow entries , so am presuming you bring it into play only on the stronger A graded entries?
Iâve had a quick look at a couple of the New Zealand pairs from last week using current weightings & have requested previous weekly data from a couple of sources, so it will be interesting to see how it set up across the 7 instruments mentioned. Itâs not really telling me much this week, but thatâs clearly because I donât have a filtered list of graded potential entries lining up.
Before I access it from my end, & if you wouldnât mind, Iâm curious to see what the data was telling you leading up to the breakout/continuation moves on the 3 New Zealand pairings.
nzdchf â week ending dec 8 @ 0.6800 shorts were loaded 79.3%, increasing to 84.6% on Dec 11 as prices broke out beyond prior weekly highs @0.6820. 2 days later @06900 short exposure once again pierced the +80% region with prices maintaining higher lows into the weekâs close.
nzdjpy â week ending Dec 8 shorts increased steadily through 70% even as it pushed into the early week highâs @77.70 despite strong 77.0 round number support at the current weekâs lows. They pushed higher through 75% onto & beyond @78.0 on the 11th.
nzdcad - registered heaviest short bias at 88.0 into week ending Dec 8. At that juncture it was still comfortably holding a higher low momentum into that round number. It dipped back below 70% as business opened a fresh week on Dec 11 only to strongly increase again beyond 80% up at 89.0 later that day.
Not surprisingly, the sentiment flipped to longs last week on the approach to the big 90.0 round number as prices dipped on the pullback, only for that sentiment to flip back as late comers buyerâs remorse set in.
Shorts held sway @82% on the 14th & 15th as prices once again moved back into dominant long momentum mode back towards the 90.0 level into last weekâs close.
These scenarios are typical, especially on spotlight instruments that make the A list, which to be honest are the only occasions this data gets utilised to assist with timing in conjunction with the other set up criteria.
Cheers for that wyntac.
Iâve received an assortment of data back from various sources including major retail shops & the retail side isnât coming even close to some of those percentages at those levels. Itâs clearly because thereâs a smaller percentage of clientele betting those pairs or regional currencies.
The larger tiered broker numbers in comparison are much closer for obvious reasons, but still on the light side. Again, theyâre from individual sources so will be dependent on the percentage of clientele betting those pairs/instruments at that time for that particular liquidity provider.
Iâm assuming then you guys are receiving a collective from the higher tiered sources & somehow combining a larger data set to offer a much clearer & accurate picture of how these levels are being traded & from which side.
Itâs actually a bit of both.
If youâre only punting a few quid for beer & holiday money then a proxy from one of the major retail shops will suffice. Most of them provide weightings data these days if youâre running a live a/c. When all said & done at that level youâre only looking to get a general feel for the mood.
But when youâre upping the ante with your sizing & youâre seeking more confirmation at specific price levels, then it stands to reason youâre going to require much more accuracy & relevance to that data, which the higher tiered price suppliers are able to provide.
Itâs collected & processed from both retail & non-retail & run side by side as a separate program, accessed as & when required to offer a clearer snap shot of where the biases are & how strong a position the individual wants to take based on the objective at outset. Be it an intraday punt or a longer-term gamble.
At any one time they can see where the brunt of retail is sitting & get a clearer feel of where the majority of higher tiered punters are at. If theyâre both leaning heavily on one side (because institutional arenât always right by a long shot), they can wait till their usual triggers begin unwinding & gear up on size accordingly. Either that, or dial in a larger pyramid stake if the profit objective is in reasonably close proximity. The aim of utilising anything like this is to offer choice & flexibility.
It can work both ways donât forget. You can use it to bat away from key session or round number levels via the shorter range set up sketcher explained in his post higher up, just as well as it can be applied to the usual directional momentum set up.
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 doesnât need to be big & it doesnât need to be fancy, merely effective & consistent.
we donât all have time to burn at this time of year like you bookies
but seeingâs its christmas & itâs you, iâll throw in an original
have fun kids
cut off in your prime
I blame that speedybump hombre, heâs bad tobacco!
one for the road master corin
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Worthy of any journey. Hang loose
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 momentumâs got his hat on the past week or so on one or two spotlight pairs thatâs for sure.
Like kids in a candy store.
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?