MY GRID. Markets are NOT random.
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Disliked{quote} Tony, so on this chart there was no L trade since there was not back to C retrace correct? ThanksIgnored
Disliked{quote} So S trades at the Ds of each completed ABCD? Or perhaps down to 5pip and look for L there?Ignored
Disliked{quote} Sorry Buddy but the lack of participation deters me from further "educational explanations," I have not got into trading other than sl and direction with ABCD's, I will not be sharing any more specifics other than what is already shared until there is more participation. I have shown some trades on my charts you can look at and determine what I am doing from them.Ignored
Disliked{quote} yeah I think we need to wait for swede to get healthy... I am already just into the basics right now... didnt even fully grasp ABCD...Ignored
Disliked{quote} Sorry Buddy but the lack of participation deters me from further "educational explanations," I have not got into trading other than sl and direction with ABCD's, I will not be sharing any more specifics other than what is already shared until there is more participation. I have shown some trades on my charts you can look at and determine what I am doing from them.Ignored
Disliked{quote} I'm a newbie to Tony's system myself....I just kind of hijacked some of the concept into my own knowledge of grids, angles, offsets, diagonals and so on.......ABCD is a pretty basic well known pattern for anyone who has traded for some time...the beauty of what Tony has developed is a way to confirm, or at least be alerted to areas of conflict (turning points) or what some call vibration. Its really brilliant in my estimation (don't let that go to your head Tony...because it will cause a sure drawdown on your next trade lol) I will be studying...Ignored
Disliked{quote} yeah I think we need to wait for swede to get healthy... I am already just into the basics right now... didnt even fully grasp ABCD...Ignored
Disliked{quote} I'm a newbie to Tony's system myself....I just kind of hijacked some of the concept into my own knowledge of grids, angles, offsets, diagonals and so on.......ABCD is a pretty basic well known pattern for anyone who has traded for some time...the beauty of what Tony has developed is a way to confirm, or at least be alerted to areas of conflict (turning points) or what some call vibration. Its really brilliant in my estimation (don't let that go to your head Tony...because it will cause a sure drawdown on your next trade lol) I will be studying...Ignored
Disliked{quote} Damn, that is not a good news. Pity that others don't see the great value of your explanations that markets are indeed not random. Will work with what you have shared and perhaps find out some other stuff on my own. Thank youIgnored
Disliked{quote} This account I use for posting is my LIVE DEMO account. I recommend practicing a strategy with a live account so you can experience the emotions that come with losing money, it is the tool that fosters discipline and caution. Great observations, you are catching on quickly. I would not go below 5 pip grid, anything lower would be harder to get an exact level based on the time of day and spread of your broker. Stick to the base grids. I probably should not have included my goofing around trades. The ABCD skipping C is the pattern I was explaining....Ignored
Disliked{quote} a)At this point I might as well mention this is how I enter counter ABCD trades b)without waiting for the C. c) I am anticipating the C level in advance of it taking place. I do not want anyone to think I am trading candle formations but d) I am waiting for a level to touch; A, B, C, D and going to a smaller chart time frame and looking for a reversal candle close. I already have a high confidence that the trade will win but any assurance can help of course. -------------------------------------------------------- Tony, if you could confirm...Ignored
Disliked{quote} a)At this point I might as well mention this is how I enter counter ABCD trades b)without waiting for the C. c) I am anticipating the C level in advance of it taking place. I do not want anyone to think I am trading candle formations but d) I am waiting for a level to touch; A, B, C, D and going to a smaller chart time frame and looking for a reversal candle close. I already have a high confidence that the trade will win but any assurance can help of course. -------------------------------------------------------- Tony, if you could confirm...Ignored