Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

5/6 candle swing low swing high Indicator 5 replies

Swing high / Swing low indictator+alert? 20 replies

Trading Swing by Swing 39 replies

Swing highs and swing lows 3 replies

swing high/swing low indicator and volume tic history 13 replies

Attachments: Intraday swing trading
Exit Attachments

Intraday swing trading

Quoting RickM
{quote} Steven1 Look at GBPUSD right now. What are the odds it will go up 10 pips or down 10 pips. The answer is 50% either way. TA does not increase the odds of changing that result, it’s smart money management of keeping losses small and winners large that makes traders profitable over the long term. Fuck TA - just get the fuck out if your’e wrong and stay as long as possible if your’e right.
Price action is not random - i use just price and nothing else to trade. The price bars show the actions of the big players with their buying and selling - price action worked 100 yeqars ago and will work 100 years in the future
TA increases the odds a lot to 80% plus - open your mind that TA works for other people - volume is TA - u use TA to trade - get over it
Instead of bagging TA why not instead talk about trading method. Nobody learns anything from bagging TA
  • Post #222
  • Quote
  • Edited 11:52pm Mar 21, 2023 10:32pm | Edited 11:52pm
Quoting Steven1
... so many in this thread have closed minds like BWilliam - he thinks no trading method on this website works using TA to make money when people have been using TA to make money for years in the TA threads
Hi Steven1, I did not write all TA traders don't make money. We do know 75-90% retail traders who are TA traders lose money. Long term data are much worse. Fact.

What I wrote is the TA assumptions are faulty, misleading and dangerous. Read carefully, ASSUMPTIONS.

I also make a challenge to TA traders to demonstrate how to swing trade intraday for 50pips minimum.

I claim there's zero TA strategy in the strategy section on FF that can do this 50pips minimum intraday swing trade.

Steven1, point to the trading strategy on FF that you use.

Why don't you take up this challenge, prove me wrong?

Let me guess, you're a TA scalper?

Cheers
Trade the value
TA is king !! its what the informed use l live by it.. if people are wanting to learn it though take a simple approach to TA. Simply look left yes its the old past price that is your real teacher know body else. Its best to start with a top down analysis approach from say monthly chart with you backtesting past price while asking yourself why 'd price turn here and there question everything. learning the basics well is key its easier than scalping m10 chart lol. Keep it simple use the k,i,s,s method look up supply and demand zone principles, learn candlestick analysis and their formation for PA . Its all there if you have time and dedication to learn it so you'll over time understand the flow of price and it's structure and behaviors and characteristics on how price bounces from zone to zone, basically. all the best!!
Quoting BWilliam
{quote} Hi Steven1, I did not write all TA traders don't make money. What I wrote is the TA assumptions are faulty, misleading and dangerous. I also make a challenge to TA traders to demonstrate how to swing trade intraday for 5pips minimum. I claim there's zero TA strategy in the strategy section on FF that can do this 50pips minimum intraday swing trade. Why don't you take up this challenge, prove me wrong? Let me guess, you're a TA scalper? Cheers
why 50 pips? what does it prove if other trading methods work or not? Concentrate instead on your trading method - saying no other trading methods in this forum make money is just disrespectful - don't begrudge others - just let your own trading do the talking
Quoting cowcow1
TA is king !! its what the informed use l live by it.. if people are wanting to learn it though take a simple approach to TA. Simply look left yes its the old past price that is your real teacher know body else. Its best to start with a top down analysis approach from say monthly chart with you backtesting past price while asking yourself why 'd price turn here and there question everything. learning the basics well is key its easier than scalping m10 chart lol. Keep it simple use the k,i,s,s method look up supply and demand zone principles, learn...
Hi cowcow1, pls post a chart of any pair of your choice, demonstrate with explanation to us how you use TA to intraday swing trade to YOUR target. Cheers
Trade the value
Quoting Steven1
{quote} why 50 pips? what does it prove if other trading methods work or not? Concentrate instead on your trading method - saying no other trading methods in this forum make money is just disrespectful - don't begrudge others - just let your own trading do the talking
Hi Steven1, what would constitute a minimum pip target for intraday swing trade to YOU?

Use YOUR swing trade TARGET, demonstrate to us how you use TA to trade to your swing trade target pls.

My claim is TA traders DOESN'T KNOW THEIR SWING TRADE TARGET. They're simply guessing.

Therefore, all this TA talk about market structure is nonsense. Cheers

REMINDER - I DON'T ATTACK TA TRADERS AT PERSONAL LEVEL. NO PERSONAL ATTACKS BY ME.

DISAGREEMENT IS ACCEPTED. PERSONAL ATTACKS IS NOT ALLOWED.

MY POINT HAS BEEN CONSISTENT AIMED AT TA ASSUMPTIONS AND MARKET STRUCTURE WHICH IMO IS FAULTY, MISLEADING AND FAULTY.
Trade the value
Quoting BWilliam
{quote} Hi cowcow1, pls post a chart of any pair of your choice, demonstrate with explanation to us how you use TA to trade. Cheers
I am a full time technical prop trader, I cannot sadly divulge how I do my TA , because I worked extremely hard on said TA, and just giving it away would be telling others I have no self worth, but on the flip side, I can show you some results of my TA! Heres a euro aussie daily chart, which is the timeframe I use to trade. As you can see, I initially entered the market a tad bit too early, but I managed to snipe a perfect re entry thanks to my beyond astonishing TA abilities lmao
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD shorts.png Size: 19 KB
Quoting BWilliam
{quote} Hi Steven1, what would constitute a minimum pip target for intraday swing trade to YOU? Use YOUR swing trade TARGET, demonstrate to us how you use TA to trade to your swing trade target pls. My claim is TA traders doesn't know their swing trade target. They're simply guessing. Therefore, all this TA talk about market structure is nonsense. Cheers REMINDER - I DON'T ATTACK TA TRADERS AT PERSONAL LEVEL. NO PERSONAL ATTACKS BY ME. MY POINT HAS BEEN CONSISTENT AIMED AT TA ASSUMPTIONS WHICH IMO IS FAULTY, MISLEADING AND FAULTY.
Simply guessing? If you are swing trading without an actual number in place , im sorry but you do not have the right to be considered a swing trader lmao. I would NEVER trade markets by ''simply guessing'' , thats an easy recipe for bankrupcy lmaoooooo
l don't post in chats anymore, but its drawing zone at extremes of price basically with general direction. look into any supply demand forums in FF here its all in here look up kenny z or romancing the price thread is good reading for learning all the best on your journey..
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 23 KB
Quoting cowcow1
l don't post in chats anymore, but its drawing zone at extremes of price basically with general direction. look into any supply demand forums in FF here its all in here look up kenny z or romancing the price thread is good reading for learning all the best on your journey.. {image}
What on earth is this TA? Trend lines? Come on homie trend lines are the most useless thing you can ever use. What is your logic/numbers behind that line? I know there is none, Im sorry but this TA you are using to swing trade is a tad bit shameful sorry to say, you are giving swing traders a horrible reputation, again sorry to say, lmaooo
To all TA traders especially those who post on here. This is the thread which most welcome you to post about TA trading. Your way. This the HOME for TA and PA trading. Pls post your charts on here. I appreciate the effort you make. Thank you.

I also can tell you upfront, you can be 100% sure I won't (how to say this correctly) learn nothing. There's nothing to steal for me.

The reason why I hope TA traders post their charts here, so that other FF members and readers can make their judgement whether there's basis why I make this claim.

TA ASSUMPTIONS AND MARKET STRUCTURE IS FAULTY, MISLEADING AND DANGEROUS.

Cheers
Trade the value
Quoting Bobbynouchet
{quote} Simply guessing? If you are swing trading without an actual number in place , im sorry but you do not have the right to be considered a swing trader lmao. I would NEVER trade markets by ''simply guessing'' , thats an easy recipe for bankrupcy lmaoooooo
Hi Bobbynouchet, great that you agree swing traders must know their profit target when they place their trades. Else it's simply guessing and hoping.

Therefore, intraday swing traders must know their profit target when they execute their trades.

To all intraday TA swing traders. How do you determine YOUR swing profit target? Cheers
Trade the value
Quoting BWilliam
{quote} Hi Bobby voucher, great that you agree that swing traders must know their profit target when they place their trades. Else it simply guessing and hoping. Cheers
I heard you like charts, so I went ahead and took a FRESH NEW trade just to accomodate your needs I just opened this exactly 2 minutes ago. 50 pip Stop Loss, 157 pips profit target. Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCHF LONG.png Size: 18 KB
Quoting Bobbynouchet
{quote} What on earth is this TA? Trend lines? Come on homie trend lines are the most useless thing you can ever use. What is your logic/numbers behind that line? I know there is none, Im sorry but this TA you are using to swing trade is a tad bit shameful sorry to say, you are giving swing traders a horrible reputation, again sorry to say, lmaooo
Hi Bobbynouchet, thank you for writing this post. 👍

You clearly agree with my declaration that,

TA ASSUMPTION AND MARKET STRUCTURE IS FAULTY, MISLEADING AND DANGEROUS.

That's all I'm saying. And it's important FF members are told this. And the purpose of this thread. Cheers
Trade the value
Quoting Bobbynouchet
{quote} I heard you like charts, so I went ahead and took a FRESH NEW trade just to accomodate your needs I just opened this exactly 2 minutes ago. 50 pip Stop Loss, 157 pips profit target. Cheers {image}
Hi Bobbynouchet, nice and thank you.

It's my policy when members post their trades, live or history, I don't make comments. Out of respect. My posts address technical trading matters only. Cheers
Trade the value
Quoting BWilliam
{quote} Hi Bobbynouchet, nice and thank you. It's my policy when members post their trades, live or history, I don't make comments. Out of respect. My posts address technical trading matters only. Cheers
Im going to be honest, if you are a technical trader and you are still 'assuming'' and ''simply guessing'' like you mentioned earlier, Im sorry but you are not doing TA. Because TA is supposed to do just that, eliminate second guessing and assumptions lmao
Quoting Steven1
Instead of bagging TA why not instead talk about trading method.
Hi Steven1, as an accomplish TA trader and others on here, why don't you talk about TA trading method? Pls do. 🙏 Cheers
Trade the value
Quoting RickM
{quote} Steven1 Look at GBPUSD right now. What are the odds it will go up 10 pips or down 10 pips. The answer is 50% either way. TA does not increase the odds of changing that result, .
Hi Rick, this means that TA offer ZERO trading edge. It's simply guessing and hoping. Scalping with TA which most TA traders trade is rapid guessing and hoping. Cheers
Trade the value
Quoting Bobbynouchet
{quote} I am a full time technical prop trader, I cannot sadly divulge how I do my TA , because I worked extremely hard on said TA
Hi Bobbynouchet, I understand you. Neither am I giving away my hard work. No one is expected to reveal their hard work.

Can we try our best to talk about TA without being forced to reveal our hard work? I'm sure we can. Cheers
Trade the value
Quoting RickM
{quote} Steven1 Look at GBPUSD right now. What are the odds it will go up 10 pips or down 10 pips. The answer is 50% either way. TA does not increase the odds of changing that result, it’s smart money management of keeping losses small and winners large that makes traders profitable over the long term. Fuck TA - just get the fuck out if your’e wrong and stay as long as possible if your’e right.
The only logical reason for you to hate TA is because you are not good at it, sorry to say. As far as your GBPUSD pair goes, I would as of right now take a long trade on the currency pair. My stop loss would be 105 pips while my profit target would be 219 pips. Cheers
0 traders viewing now