The only thread you will ever need: FX Exposed!

Some interesting Forex Factory Forum facts:

Most popular Forum Threads:

Interactive Trading : EURUSD : 1,147,276 posts ( 480 threads on this forum )

Trading Discussions : Technical Analysis Fallacy : 58,049 posts ( 13,880 threads in total on this forum )

Trading Systems : Trading made Simple : 92,860 posts ( 2,920 threads in total )

Platform Tech : I will code your Eas & Indicators Free of Charge : 27,296 posts (19,160 threads in total)

Commercial : James 16 Chart Thread : 142,632 posts ( 10,680 threads in total)

Rookie Talk : 1. Is this my Holy Grail EA : 1,739 posts : 2. I plan to quit Forex : 1,298 posts ( 6,280 threads in total )


The chances of you landing on a good thread as a New Trader are very slim indeed. 53,400 threads if you total just the above forums.

Maybe that's why FFreak chose the title: " The only thread you will ever need" to lure the unsuspecting in.
Clever marketing.

Update

Hi Guys,

Thanks for continuing the Frac thread. I thought it had died. But the stuff at the start let me move forward in FX so It's hard to just the The Mob denegrate it. (Their choice - I can keep doing all this - I have the time lol)


Interesting 4hr chart GrosDesco.

If I can be bothered I might go back thru Frac’s early charts (maybe break them down into 15m and look deeper. I never bothered with those 4hr before but I now see ranging all over the place so there will be SM plays within them on a smaller timeframe which suits my style better – in & out & then bed)

Nice charts & levels as always JGalt.

[quote=AndresSR;11825913]{quote} Totally agree...... Just look at the Fractal clone TT(sorry, couldn't resist...)
Well TT.....the 2 TOPS are right in front of your eyes... Why do you start shorting somewhere "in the middle of nowhere"....?


Some misleaders are posting on Frac’s thread (but offering little themselves to learners in trading).

They might suggest traders bypass double tops that were present to the immediate left.

But then suggest I WAIT till the next double top LOL.

Instead of taking some profit off the table myself (they seek big returns – and deride smaller day traders) these posters suggest I WAIT for the Next trigger.

But I would ask them.

Why you wouldn’t you then wait for the NEXT subsequent trigger (after the trigger they would wait for).

Or even the NEXT.

Or maybe the one that comes along tomorrow.

It all comes down to who is trading triggers Intra-day, who is following/fading swings on a Weekly basis, and who (like institutions) are positioning themselves on a Monthly (or greater basis).

The arguments they offer are based on their own triggers. So be it. To deride others trading their triggers on smaller timeframes for smaller profits is churlish at best.

I used to think these Mob guys might be in the elite of traders (and just having fun deriding others.)

They do have an issue with Frac personally it would seem (I have no interest buying into that).

But they have then extended their issue into having an issue with Frac’s charts. Whereas I received something from Frac (a visual insight into an SM process), that I have switched around to my own trading style (after languishing in limbo on FX for years).


Yet they would want to take what I saw away from me. That's not noble guys. And you haven’t helped me positively in any way.

So sorry, it just ain’t gonna happen. It’s my process and I embrace it lol.



(Maybe if the Mob posted their own here, of their own visuals, it would allow us all to see their discussion.

I could maybe give my commentary on what they post. )

Shabs, in essence, I can see where you are coming from with the thread Title.

I never promoted the Title in any way (which may even have been tongue in cheek, ask the OP).

I promte others looking to see the process. And it's there.

But to deride me for promoting the visual SM process THAT I SAW in his charts and call me a shill is a discredit to the offerings that YOU post on the Forum.

Why bother going back to your past charts to try and prove something? It would be much easier to show on an account how you can make money by predicting the price...just do it on a demo account, attach a TE to it and let the numbers speak for you. Very easy, would take you just a couple of minutes and it will silence all the 'brokers employees' here.

Hi Art,

Mate I am warming to you (whether you like it or not ).

What you ask is not practical for me. Not practical for my personality (which reflects my way of life).

I was a reader of the Forum for at least 2 years. I have read many, many threads here of value to ME.

I have a gigabyte of trading styles, trading books, indis, etc etc etc.

Guess what.

No use to my trading (reflected by my personality style). I am an intra-day trader.

Everything I read was NOT confusing. It was contradictory.

One book said do this, another book said do that. Use TA. Use PA. There are a myriad of guru inspired methods out there. I’ve read them all lol.

Then I stumbled into Frac’s thread.

Possibly because of the thread Title – sorry Shabs – but I can’t honestly remember why I opened it.


Now you have to understand. I was DM (some think I still am lol – but I’m not).

And I knew I was DM then. And I suspected an entity like SM (let’s just call it that) was in the background.

Let me take it further, I didn’t suspect it anymore after reading Fracs thread.

I just knew it was there. And reading Fracs thread he said it was DEFINITELY there.

He showed 15m charts that after he posted them ran like I WITNESSED sm doing to me lol.

So can you understand my relief. My joy. My eyes were open. It was confirmed (to me) at last.

So how could I NOT be indebted to Frac for what he showed.

And just as I was enjoying all this (I got in 2 months late, remember) all hell broke loose on the thread, posters were coming in out of left field accusing this, accusing that, I was amazed at the venom it had.

I was NOT trading Fracs chart style. So I was still DM. But what to do?

Well the price moving PROCESS he showed, I found to my benefit.

Though I had to flip it all around 180 deg and look at trading from post-SM run.

And I do it with reasonable success (well massive success lol compared to before – but I still have a long way to go – and no amount of derision directed towards me here from The Mob will stop me in my search).


Now I could post my account equity curve graph if you wish. PRE-Fracs charts then post-Fracs charts, I have them.

But of course The Mob will still deride them.

But pls see, none of this matters to me.

In fact I hate looking at the (almost) straight line equity curve.

Because I am “aware enough of life” to know that it can’t possibly continue in that line.

It only takes ONE poorly managed trade (or a few) and it is ‘snakes & ladders’ like & right back to the beginning.

I know the inherent dangers of a poor trade in FX. So now I can only look at my a/c balance.

It tells me where and in what stage of progress I am in. The curve imposes TOO much psychological pressure on THE NEXT trade (if u know what I mean).

have a great day Art & others
Pete

Try to trade in the minute frame (I´m a day trader).
Try to understand how price moves.
Try to trade only specific sessions.
Try to trade only with one indicator to show you the trend or momentum if you do not have enough knowledge or confidence to trade naked.

Up/Down
Trend/Sideways
Breakout/Pullback
Risk Control/Gambling
-------------------------
Probabilities

Go on take the money and run.
Hooh hooh hooh!

PS: Do you understand what I wrote here?!

cheers FxPrim, thx for that mate, I am learning all the time.

I’ve worked a decade minimum in each of the major eastern seaboard cities in Oz (Melb, Syd & now Briz) and in reasonably senior positions eventually.

But this FX has been the greatest challenge of my wits I have found.

I mean letting go of logic was a toughie, and just viewing for a process was tougher, but I’m nearing something lol. thank you again

But did you really understand what I wrote?

you cannot know that FxPrim, pls have patience

i know the way my mind works, #1 i have to be focused, #2 i have to "want" to think hard about something other than what I'm thinking

when i am doing other things, like now, i cannot commit to an in depth change of scenary if you know what i mean

ask me again in a few days maybe, i need to ponder first, integrate second, and then thirdly accept and want to let go of my own mental constucts and take on new ones.

i'm a chance to, but it won't happen in the 15 mins you gave me lol

all the best, i mean it
pete

lol FxPrim

i missed the very last bit of your post LOL

(steve miller band, legend)


I loved that chuck chucka style of guitar

And for something sweet, I mean something that raises the hairs on the back of your neck sweet, you should track down Dylan's album, Highway 61 Revisted

no good looking on You Tube it's restricted (i understand why, Bob, but why deny the kids lol who will never buy it)

no good looking at live clips of the song because Mike isn't playing on it - and it will never be repeated like the original studio version

Find the original recording of Desolation Row (circa 67 or earlier i was a teen anyways)

THE ORIGINAL song with Mike Bloomfield (another legend) playing guitar -defocus on Bob's chorus screeching and tinitus inducing harmonica - and just focus on Mike doing his thing over the 10 odd minutes the song runs for.

(But Steve Miller, yes, thank you I'll play it again this arvo lol)

Mr Primate

Do you ever use Tick Charts?
I would be grateful if you could give your opinion, or comment.

Cheers
JD

Mr JD

No, I do not use tick.
I do not scalp. I do day trade.

Cheers
FX

EU update.

If someone is interested in another pair please let me know.
If someone is trading my targets (or paper trading 'em) I would be interested to know the entries
Thanks

Hi JGalt,

Mate I was just closing a trade around your post, and on EURUSD as well lol, and would have been looking at your target line down at at 1.14268.

It may well have helped me get some more pips lol but I take what is offered by SM and hit the sack for asleep about 11.30pm.

It was one of those days where price went with me (rather than usually being DM and against me), so I didn't get my full basket of 3 trades on (so for a third of the profit) and so be it. An honest day.

I take what is offered, feeling fortunate to have seen the SM process that I got from Frac's charts. I'm still trading the flip side of what he would do in going with the SM hunt, and I have to wait till the runs are over before trading.

It has been an enlightening 4 months (now), and i'm still thankful (and ALSO thankful to others along the way who have helped me in my search for some consistency in FX)
cheers
Pete

sorry JG, yes entries, mine were at 577 in Asia then later between UK & NY at 654

Thanks TT

Just let me be more specific. If someone is trading MY targets I am interested in knowing the thought process of when to initiate the trade.
As I said somewhere, mine is very basic and simple: a short MA is what I use to time my entries in the direction of my target(*). If it happens that somebody finds a better way it should be nice to know.

Seems to me that trader Billyitt who used to trade between lines could be of help here, but of course no obligation to share...


(*) at the beginning of my post in the FF I said that was my only intention in participating in the forums.

PS: doing my best here to be no so cryptic Red...

Hi JG,

My trades are discretionary and freeform and I work with the flow/dance of the current market (my perception) BUT after an event (SM run - my perception) has transpired.

I was keen to enter for a short up there ALL day being the end of the week, and end of the month and with the weekly R1 being at 700 & the Monthly R1 at 740 on my assessment charts (not trade charts). So I enter somewhat randomly (which is why I am often DM to start with but why I can also get my 3 basket of trades in the market). Sorry I can't offer much more.

I agree Billytt will have more technical entries that can help you.