2 hours a day, 3 days a week. Average two trades a week. That’s it. Used to be much, much more waking up at 3am for London open (or staying up all night then sleeping all day). Sure I miss setups, but I now have a life lol.
Good day everyone,
i’ll give my 2 cents if nobody minds.
First chart is today’s short opportunity on E/U on the 15 minute chart.
Think we can call it as Wyckoffian - effort.
Ah, I used to mess with those “footprint” charts. Good stuff, but it felt like information overload sometimes. I used market delta.com. Where did you get those?
Ahh I remember a life! I’m hoping once I’ve got some consistency and have baselined my possible returns, I can scale up the lot sizes and trade a bit less. From a yacht, or tropical island, from a tablet, you know, just like the fxcm adverts (yeah right!)
Anyone took the short today on the test of the yesterday’s high volume formation?
News got a little bit in the way but i managed to put up a tiny position.
Yeah, let’s leave the guy alone lol. Hopefully you’ll post again with clearer charts. Maybe try posting a link to an image hosting site since I think BP has a size limit.
Hello everybody. I’ve been away from the Pete’s thread for a while now. I needed a deeper understanding of the markets, and apply that knowledge into a trading discipline I can call my own. As I recollected on everything I’ve learned prior to this realization, I remembered Pete’s formula was a great way to read the markets and follow money flows. I hope to contribute here and there, and of course hone the VSA skills I’ve acquired while I participated in this thread.
Not familiar with those type of charts. What chart type are they. What do the numbers in the boxes represent. Is it order flow or volume or something else.
It is cluster chart. You can customize it to show volume or delta. I guess you can call it order flow but i think DOM or Depth of Market is more like that in my general understanding of it.