why this thread has been hijacked so badly?
2
Price Action and Trading Discussion 5,928 replies
Price action at the core / tma intra day 5,016 replies
Price Action discussion 26 replies
DislikedOh well, here come the army and before they led a protest at Capitol we will restore the sacred jigsaw puzzle {image}{image}{image}Wishing you best of luck in solving this puzzle. btw be boundless in your thinking don't get trap in this puzzle. ByeIgnored
DislikedOh well, here come the army and before they led a protest at Capitol we will restore the sacred jigsaw puzzle {image}{image}{image}Wishing you best of luck in solving this puzzle. btw be boundless in your thinking don't get trap in this puzzle. ByeIgnored
DislikedThe very basic of my strategy is rooted in George's idea. But I climbed up the wrong trees for a while. I stop listening to all the cheer leaders cheering for George. Instead, I paid attention to the critics and their reasonings. Because without them I really cannot see the weakness of George's system. I did mentioned them, if you care to check them out. {image} Now I continue to challenge myself, not so much about more profit, but the daily loss. Take care of the daily loss the profit will follow, I think or assumed. This goal alone keep me wanting...Ignored
Disliked{quote} George is a contrarian reversal scalper. Most retail traders fall into this group. The signature of their trades is to reverse the most prominent spike on the chart piercing TMA band. Focus is on high hitrate that's attractive to traders. Peter Caleb EU post above is an example of such a trade. If anyone research into true contrarian reversal trading you get George Soros as topmost authority with this trading philosophy. Ofc he does not scalp.Ignored
Disliked{quote} My view of George's trading is more on psychology more than anything else (tools) on the chart. The TMA is less of the importance as it is a tool that he uses for extreme entries that also allows less risk exposure. One can use other tools for that and I personally prefer ICT's among other filters. It is debatable to say one is contrarian when one is trading according to the direction of the market maker. You can say contrary to the herd. On Peter's chart above there is a clear Herd Mentality Support Validation (equal Lows) that I think...Ignored
DislikedThe very basic of my strategy is rooted in George's idea. But I climbed up the wrong trees for a while. I stop listening to all the cheer leaders cheering for George. Instead, I paid attention to the critics and their reasonings. Because without them I really cannot see the weakness of George's system. I did mentioned them, if you care to check them out. {image} Now I continue to challenge myself, not so much about more profit, but the daily loss. Take care of the daily loss the profit will follow, I think or assumed. This goal alone keep me wanting...Ignored