Cagliostro wrote: Wed Feb 05, 2025 11:14 pm Hi guys - longed BTC up to the next star.

All the cards are on the table, let's see how it goes

image_2025-02-05_131416408.png

Exited at 99.100, that double top seems stronger than expected. I will re-enter lower, if find a good pullback.

Hi, I have a few questions, and I’d appreciate it if you could clarify them completely.

1-Can you explain exactly what these three indicators calculate? Two of them are related to the London session, and one is for the Asian session.
2-Why don’t they calculate the New York session?
3-Why do the time periods for the London session differ?

Overall, I’d like to learn more about them. Thanks!

iardavan wrote: Fri Feb 07, 2025 9:49 am Hi, I have a few questions, and I’d appreciate it if you could clarify them completely.

1-Can you explain exactly what these three indicators calculate? Two of them are related to the London session, and one is for the Asian session.
2-Why don’t they calculate the New York session?
3-Why do the time periods for the London session differ?

Overall, I’d like to learn more about them. Thanks!

They are two london fixes (one regular and one friday to monday) and the other one is the tokyo fix. NY fix is less relevant in my opinion.

You can search on what is the value of those, they are pretty well know liquidity levels used by bank and institutions, so consider them as super liquidity areas.

Cagliostro wrote: Fri Feb 07, 2025 10:33 am They are two london fixes (one regular and one friday to monday) and the other one is the tokyo fix. NY fix is less relevant in my opinion.

You can search on what is the value of those, they are pretty well know liquidity levels used by bank and institutions, so consider them as super liquidity areas.

Supper Thanks mate!

"The London Fix takes place twice a day, at 10:30 a.m. and 4:00 p.m. London time. During these fixing windows, market participants submit their orders for buying or selling currencies at the prevailing market rates. The London Fixing Members then calculate the average price based on these orders, providing a reliable benchmark for currency valuations."

"It’s important to note that the London Fix is primarily used for settlement purposes and may not reflect the prevailing market rates during the fixing period. Traders should be aware of this distinction and consider other factors, such as market sentiment and economic data, when making trading decisions"

Cagliostro wrote: Thu Jan 30, 2025 10:02 pm Today I woke up early as had to teach a mindfulness class....

Clearly my zen status convinced me that I could go against the higher TF trend twice, so to accept defeat with a smile

Welcome Cagliostro!
This is my first message here, I would like to express my gratitude for your work and efforts. I read many of your posts in different threads previously and I am so glad you started your own thread and system.

I have been studying your concept for a while before using it on my own. I am still working out the "complete rules guide" to always have a game plan and be able to reduce hesitation during trading hours and be efficient.

Before I would ask about anything related to the system, these 2 quotes above caught my eye!
Would you please describe your mindfulness class? And how do you connect to Zen?
(In my humble opinion both add to a trader's mindset... not only giving different perspectives on life. )

I don't want to ruin your thread with this question, but I am not able to send pm yet.

davidpont wrote: Sun Feb 09, 2025 9:10 pm Welcome Cagliostro!
This is my first message here, I would like to express my gratitude for your work and efforts. I read many of your posts in different threads previously and I am so glad you started your own thread and system.

I have been studying your concept for a while before using it on my own. I am still working out the "complete rules guide" to always have a game plan and be able to reduce hesitation during trading hours and be efficient.

Before I would ask about anything related to the system, these 2 quotes above caught my eye!
Would you please describe your mindfulness class? And how do you connect to Zen?
(In my humble opinion both add to a trader's mindset... not only giving different perspectives on life. )

I don't want to ruin your thread with this question, but I am not able to send pm yet.

Hi there

I think that systems, indicators, rules are necessary to learn discipline and establish a personal daily routine and approach to trading. With time, everyone can develop his/ her own personal system. Other people's experience bring very valuable inspiration and speed up immensely the learning process.

Coming to mindfulness, that's a big topic. I've been a scholar of Shay, Thích Nhất Hạnh since the late 80s and spent long time in the east, mainly Japan and India, to study and practice both yoga (mainly kundalini) and zen. In reality, even if my entire professional life has been developed in the management of big digital corporations (you can easily guess one with the G in the name), in both my personal and professional life I tried to share my mindfulness (don't like the word "spiritual") experience and developments. It's been more than 30 years of teaching so far, and it's my way to give back something as gratitude for what I've received.

Don't worry, write freely, this is absolutely in-topic, as the emotional and inner sides of ourselves play a major role in trading.

Cagliostro wrote: Mon Feb 10, 2025 4:45 am Hi there

I think that systems, indicators, rules are necessary to learn discipline and establish a personal daily routine and approach to trading. With time, everyone can develop his/ her own personal system. Other people's experience bring very valuable inspiration and speed up immensely the learning process.

Coming to mindfulness, that's a big topic. I've been a scholar of Shay, Thích Nhất Hạnh since the late 80s and spent long time in the east, mainly Japan and India, to study and practice both yoga (mainly kundalini) and zen. In reality, even if my entire professional life has been developed in the management of big digital corporations (you can easily guess one with the G in the name), in both my personal and professional life I tried to share my mindfulness (don't like the word "spiritual") experience and developments. It's been more than 30 years of teaching so far, and it's my way to give back something as gratitude for what I've received.

Don't worry, write freely, this is absolutely in-topic, as the emotional and inner sides of ourselves play a major role in trading.

I am simply out of words... I knew I had entered the right place for growth, but the contents of your answer just resonated with me! I assume we share similar wavelengths.

I started reading this forum at the end of 2023 (could not register) and later when I could I put myself in the position of observing and learning in the background.
Firstly I focused on the strategies and indicators of the technical side of trading. And I had to admit (and paid the price of burnt accounts) that trading psychology must be the base.

So I put on hold the trading and started to develop the right mindset. In my opinion, it is a lifelong journey, in which the right rules and discipline help along all the way, not just trading. I was a pure overthinker and anxious from my childhood. Luckily, one of my ex-colleague recommended me to listen to some Zen teachings.
I am not here preaching, I am not speaking about religion... only just the way of thinking and being aware of your thoughts and emotions. Being present.

I have a strong gut feeling that the trading journey with that attitude and mindfulness is a perfectly matching puzzle in my life.

I am looking forward to the next week, but at the same time, I know I have to remain present and take my time adapting to the system and the methodology.
Don't let FOMO rule.

I took notes while I was proceeding from the first post. I hope I said "Thanks" at at each point, which was useful and added to the knowledge.
I still have to sort things out to say confidently that I understand the whole picture.

But from my perspective, I see that each version of the Alkemix was an update to the previous one.
Do you recommend combining versions in the process of making decisions about entries?

- Thinking about filtering entries. If both versions (e.g. 3 & 5) give an entry signal it could have a higher probability.

In the first versions, the StepMA was an essential part and an entry filter, but If I am not mistaken it is not in the latest 5.0 version. (trying to validate to have 2 templates).

davidpont wrote: Mon Feb 10, 2025 7:45 am I took notes while I was proceeding from the first post. I hope I said "Thanks" at at each point, which was useful and added to the knowledge.
I still have to sort things out to say confidently that I understand the whole picture.

But from my perspective, I see that each version of the Alkemix was an update to the previous one.
Do you recommend combining versions in the process of making decisions about entries?

- Thinking about filtering entries. If both versions (e.g. 3 & 5) give an entry signal it could have a higher probability.

In the first versions, the StepMA was an essential part and an entry filter, but If I am not mistaken it is not in the latest 5.0 version. (trying to validate to have 2 templates).

Each system has strengths and weaknesses, and has been tested. I'd not recommend to mix stuff, unless you really test each indicator in different scenarios to understand fully how it works. StepMA stays as one of my favorite indicators ever and the settings I use have been optimized across multiple instruments for months. The main differences in the system versions is the amount of information you get while trading, and reflect my personal journey from a pure scalper to a market structure trader. If you want to be successful with any system the core of the problem is understanding when a breakout is real or false, a personal advice:

Look always for consistent volume / big candles that break levels/ resistances/ moving averages/ pivots/ etc... or alternatively 3 small candles that do the same job instead of one. If you wait for a pullback and enter, you'd likely end often on the right side of the market.

I would like to think loud here regarding DAX this morning.

We are after the London Open. It is also Monday, we should wait to see the true trend for the day.

Regarding the HTF analysis and market structure.
We have a HH from last week, but it is not yet "confirmed" with a second dot. This gives me conflicting thoughts. Because checking the daily behavior. We are currently above the Daily Open line and based on also the MM lines we should go for Long positions after pullbacks. But the conflict here is that due to the DN Circle we should aim for Shorts.

What do you think about that?
(Overall, I would select Long Bias and look for these entries in this session.)