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TRD

Quoting PenelopeLost
{quote} HI TRD, I think you might have missed my post, here it is again. look forward to your reply​
Ofc i saw it. If i don't answer a question, this means you asked the wrong question and my answer won't help you with your trading.
My method works for me, but i may not work for you. So your task is to take all the pieces what i am sharing

1. take them one by one
2. spend few months to go back in time and find how often they occured. Learn to spot them.
3. then spend few months trading them on demo. Only then you will eventually you will find if they suits your lifestyle and personality.
4. next step will be building your own method and rules

Sound long, right? There are no shortcuts!!!
It takes months and years.
Quoting qinvest
{quote} Hi TRD. First of all, thank you for returning to FF for sharing your insights on the market. According to this post, you said we only need 2 things to find a good entry: liquidity pools and space in trade direction. This confirms my views also. I evolved into a LT swing/position trader. I look at the monthly charts, try to identify LT reversals and/or range/wedge breakouts - trades with space in trade direction - and by space I mean >1,000 pip potential moves. The intention is to accumulate as much positions as I can in that direction. These...
Hi qinvest,

using a breakout strategy and setting to BE doesnt go well together. Market will always come to fill that liquidity gap, created after the breakout and take you out. You have to enter on retrace to make sure that price won't come back. Which means buying when price goes down and selling when price moves up with violence. Thats the hardest part of trading. Do you have the guts to do that?

TRD
Quoting TheRealDeal
{image}
Why is it accumulation and not distribution.

Why does it have to be anything, maybe nobody wants to a take a position before the news - seems more likely to me.
Great advice in TRD's member status alone:

"If you want to win, leave FF"

Quoting verv
{quote} Why is it accumulation and not distribution. Why does it have to be anything, maybe nobody wants to a take a position before the news - seems more likely to me.
Because its reflected in the PA. ITs accumulate in ranges. It gives them best Risk Reward ratio and goes unnoticed by the rest of the world.
Quoting Bilstein
Great advice in TRD's member status alone: "If you want to win, leave FF"
Everytime i come back i regret after few days. This scammy site its a nice collection of 99% lazy losers and 1% guru scammers who are selling false dreams to the other 99%. Its a closed circle. Blind leading the blind... in a disaster. And that results in lost fortunes, broken families, suicides...

Thats the result of all this!
Quoting TheRealDeal
{quote} Everytime i come back i regret after few days. This scammy site its a nice collection of 99% lazy losers and 1% guru scammers who are selling false dreams to the other 99%. Its a closed circle. Blind leading the blind... in a disaster. And that results in lost fortunes, broken families, suicides... Thats the result of all this!
I like to call it the "land of perpetual demo accounts" - lol.

I wonder how long it will take before someone who's never risked a dime in their life and has been trading for 1/10th the time you have comes into your thread to tell you how wrong you're doing it. All forex forums are the same. The "social" aspect of trading is marketable since the job is generally a solo one - unless you work for a company, that is. But retail traders generally can't stand doing it alone because then they have no one to blame but themselves. Same goes for indicators: retail traders stay on forums for the grail quests. A new indicator or system every month, that way they can blame the systems or indicators rather than themselves.
Quoting TheRealDeal
{image}
closed already
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Quoting TheRealDeal
{image}
see, it was accumulation. It is predictable!
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Today has been good. Gotta love interest rate decisions.
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Thanks for the answer.
Let me put it this way: how would you trade this chart?
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Quoting Bilstein
{quote} I like to call it the "land of perpetual demo accounts" - lol. I wonder how long it will take before someone who's never risked a dime in their life and has been trading for 1/10th the time you have comes into your thread to tell you how wrong you're doing it. All forex forums are the same. The "social" aspect of trading is marketable since the job is generally a solo one - unless you work for a company, that is. But retail traders generally can't stand doing it alone because then they have no one to blame but themselves. Same goes for indicators:...
I won't take long. Same happened when i appeared last time. Everybody started to question my ability to trade. And they wanted to see a proof that i can. What they don't realize is, that no matter what you prove to them or what you give them, they will still lose money and jump from system to system, from guru to guru. They will never understand that the secret lies in themselfs, their own understanding of markets, which is result of hard work and sleepless nights.
Nobody can do this for them! And trading is not about predefined entry and exit rules, because every tick is unique.
Quoting TheRealDeal
{quote} I won't take long. Same happened when i appeared last time. Everybody started to question my ability to trade. And they wanted to see a proof that i can. What they don't realize is, that no matter what you prove to them or what you give them, they will still lose money and jump from system to system, from guru to guru. They will never understand that the secret lies in themselfs, their own understanding of markets, which is result of hard work and sleepless nights. Nobody can do this for them! And trading is not about predefined entry and...
It's all good man. I trade without stop losses and I'm the "idiot".. Meanwhile, this just keeps happening..
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Quoting TheRealDeal
{quote} I won't take long. Same happened when i appeared last time. Everybody started to question my ability to trade. And they wanted to see a proof that i can. What they don't realize is, that no matter what you prove to them or what you give them, they will still lose money and jump from system to system, from guru to guru. They will never understand that the secret lies in themselfs, their own understanding of markets, which is result of hard work and sleepless nights. Nobody can do this for them! And trading is not about predefined entry and...
LOL and this thread is a living proof why ANYONE can become a guru in forums

Good to see you back TRD!
Quoting TheRealDeal
{quote} see, it was accumulation. It is predictable! {image}
How is that accumulation? Most people would have called that 'distribution' because price dropped after. Accumulation price runs up afterwards.

And how did box that show their intentions? There is nothing there to see.

I have done some tests of supposed 'accumulation' and 'distribution' zones, like most of the bs it looks great in hindsight, but a single box means absolutely nothing.


Edit - before people start saying I'm accusing him of doing it 'wrong', there is no such thing as right or wrong, only things that make sense.
Quoting Bilstein
{quote} It's all good man. I trade without stop losses and I'm the "idiot".. Meanwhile, this just keeps happening.. {image}
if it suits your personality and makes you money and it is perfectly fine
Quoting TheRealDeal
{quote} if it suits your personality and makes you money and it is perfectly fine
I kinda feel like it does.
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Quoting yonseo
{quote} LOL and this thread is a living proof why ANYONE can become a guru in forums Good to see you back TRD!

Haha, Yon, well said. You just need to give them some false hopes. Like give them some entry/exit rules. Some system they execute on constant basis and become millionairs
I can hear the voice in their heads screaming "WTF this guy is talking about? Just tell me when to get in!!!"
Quoting verv
{quote} How is that accumulation? Most people would have called that 'distribution' because price dropped after. Accumulation price runs up afterwards. And how did box that show their intentions? There is nothing there to see. I have done some tests of supposed 'accumulation' and 'distribution' zones, like most of the bs it looks great in hindsight, but a single box means absolutely nothing. Edit - before people start saying I'm accusing him of doing it 'wrong', there is no such thing as right or wrong, only things that make sense.
You have some missconception.
Accumulation is when the liquidity is high. A lot of transactions happening at that point. In PA is reflected as range. I bet you think volume is low during ranges
Distribution is when we have lack of liquidity. At that stage price runs like mad. Single bank order can push price miles away. Or price may drop violently, because nobody is buying. Not because sellers came in. ITs are not trading while price runs. Thats why it runs LOL
  • Post #60
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  • Edited at 11:12am Oct 22, 2015 10:15am | Edited at 11:12am
Quoting verv
{quote} How is that accumulation? Most people would have called that 'distribution' because price dropped after. Accumulation price runs up afterwards. And how did box that show their intentions? There is nothing there to see. I have done some tests of supposed 'accumulation' and 'distribution' zones, like most of the bs it looks great in hindsight, but a single box means absolutely nothing. Edit - before people start saying I'm accusing him of doing it 'wrong', there is no such thing as right or wrong, only things that make sense.
Great post.

I'm actually impressed that this thread hasn't attracted any retards so far. Pretty good points made in the above post.

First, when we hear generic terms like "accumulation" and "distribution" from a Stock Market point of view we get the impression that:

accumulation = up move
distribution = down move

strictly from a directional point of view. Of course no one can stop the trader from defining terms in his own way.

However I do not believe this is what TRD meant. I understand his view of accumulation and distribution as follows:

accumulation = no significant direction move and hence price is ranging
distribution = after the accumulation has taken place during range period, the unload takes place with momentum in a significant direction either up or down

You are also right about looking "great in hindsight"

That is why scammers are everywhere including forums like this.

ANYONE can come up with a trading idea, cherry pick the best examples from the chart and sell false hope to the sheep like noobs who either just started trading or lost alot of money following other commercial members.
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