thanks but i am GILBERT not GEORGE that the problem remember i am new on your TMA a be better one day
George, I've been following your thread since you started it back in January. I really admire your work and the time you have taken to share your knowledge with the community and to help your fellow traders become profitable.
I have been trading the USD/CAD exclusively for the last 6 months and had the misfortune to encounter the dreaded grinding day last night and into this morning. My two questions from this experience are:
A) How do you identify that it is going to be a grinding day before it actually turns into one?
B) How do you prevent yourself from showing up too early to the party when price is in your playground. You mentioned in an earlier post that you wait for price to return to the outer TMA bands before placing your coutertrend position. While this makes sense, it also eliminates a lot of profitable trades. Today's action in the USDCAD entered the pressure zone in the morning and stayed there for at least 50 pips with little retracement. If one were to have traded the pressure zone today, one would need a pretty hefty stop loss buffer.
Thanks for all that you've shared and I look forward to your future insights.
it`s been a long time since i posted something to the thread. Still backtesting like crazy and starting to see more and more details.
Sometimes i have the feeling that i look to close to the charts and forget everything else. That is why it is time to take the weekend off and do something else
Maybe some of you will say that this is lazy but with a fresh mind in place you can discover other aspects of the market. So i am a little bit closer to an unlimited mindset.
If somebody is interested to team up please feel free to pm me because backtesting can be very boring. We can exchange views and ideas to develop ourselves better. Maybe we can organise a discord channel. I don`t want to take the members away from this thread but there is so much shit going on which in unnecessary and I`m interested in progress not in dumb posts. Furthermore the posts are only adressed to George which he can`t reply to because of obvious reasons. We should start to help each other especially in this thread.
Hope you have a great weekend,
P.s Thanks Bahaalden for your summaries, it is very helpful.
Thank u for that ,,,
Now to answer ur question ,,,,
Sadly for many ,, and ,,,
Due to the amount of typing that I do ,,,
Certain subjects George will NOT discuss in TYPING ,,,, because
George hates being a slave to his keyboard ,,,
Your question sounds simple maybe to u and many others ,,,, BUT
To answer it fully and correctly ,, it will require atleast 1 to 2 hours to answer it ,,,
Something George will NOT DO ,,,,
BUT let me give u ,, a helpful suggestion ,,,
Professional traders ,,, do NOT discuss in typing ,,,,,
They get together to talk with charts ,,, and also
They use the MOST EFFECTIVE WAY OF COMMUNICATION ,,,, WHICH IS CALLED VOICE ! ! ! !
Please feel free to talk to me via voice ,,, as i do NOT like wasting MY TIME AND ENERGIES to go into a very INEFFECTIVE way TRYING to explain a DEEP SUBJECT SUCH AS YOU HAVE REQUESTED ,,,,
I DID NOT LIKE UR COMMENT HIGHLIGHTED IN RED ABOVE IN UR QUOTE ! ! ! ! !
Thank you for your response, but I am not interested in different communications. All the best.
As I did last week I'd just like to post my End of Week Results here.
All trades were taken on GBP JPY and all were based on my interpretation of George's teachings in this thread.
I'm only able to trade between mid London and start of NY session.
Thank you again George for providing all the information so far in this thread and thanks to me for taking the time to read from Page 1!!!
WOAH! Jut had my first session with George. My God! Don't even bother trying to glean his teachings from the written word - it needs audio/video to convey....and what this guy knows WILL blow your mind. In my case, it was information overload. I thought after 16 years I'd seen it all...nope.
Thank you George, you da man!
I have homework to do...
Hello Mark ,,,,
Thank u for ur questions ,,,
It is extremely hard for me to answer such deep questions like that in typing and be able to explain it properly and fully ,,,,,
We will need to do this via Voice IF u want to go deeper ,,,
First of all i would like to suggest the following ,,
PLEASE LOSE THAT USELESS INDICATOR AT THE BOTTOM OF UR CHART ,,,,,
THE MARKET IS NOT GOVERNED BY THE 1 MINUTE CHARTS ,,,
THE MARKET IS NOT GOVERNED BY THE TMA'S ,,,
I HAVE SAID THIS MANY TIMES THROUGH OUT THE PROJECT ,,,,
Also you TMA settings are NOT correct for the 1 Mnt charts
The problem you seem to have is u r nOT taking into count the MOST IMPORTANT PART ,,,, which is
TARGETS TARGETS TARGETS ,,,
A quick look at the hourly chart or the 15 mnt chart will explain the CLEAR STORY ! ! ! !
Thank u for ur warm and kind words Amundo ,,,
George is ONLY doing what he promised to deliver ! ! !
George can you continue to post some charts there - The only thread you will ever need: FX Exposed!
I do NOT understand what u mean ,,,,
Georgie pordgie pudding n pie, kiss the girls and make them SMILE [/quote]
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