The only thread you will ever need: FX Exposed! | Page 359 | Forex Factory

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The only thread you will ever need: FX Exposed!

  • #7,161
  • Edited 3:01am Sep 20, 2018 2:48am | Edited 3:01am
Quoting wqayx
{quote} Itīs impossible to trade without having FFs source. My call for short on EU+GU was only based on that big SL accumulations. I can imagine that they are placed on purpuse. Unfortunately FF does not want to share how you can spot real SL vs fake. With reasonable trading thougts (without (fake)orderbook) the moves on EU yesterday were clear to me. If you do not consider this (pseudo SL) the break of Y high is very likely today. And a perfect entry on the bounce @ 1.16850 was also well predictable. (p.s EU indeed made a nice down move from 1.7)...
I think you have grasped FF's ideals to a good extent. EU looks like it'll break the top today. But I missed the 1.1685 entry.

EDIT: It would be nice if FF added some commentary to his live charts. I know he doesn't have the time, but it'd help a great deal to further understand what the market's doing and why.
  • #7,162
  • Sep 20, 2018 3:11am Sep 20, 2018 3:11am
Bumb, what are your thoughts on EU from FF's latest chart?
  • #7,163
  • Sep 20, 2018 3:13am Sep 20, 2018 3:13am
DM longs just do not pose a threat at the moment they simply do not have enough positions in the market to worry SM.. like FF's states it is OK for some to make a few coins to crush the herd or they can play the time/range game to suck more DM into this sham.

wgayx,
very true, i am blown away by the work and ideas FF has provided here and am very appreciative. however, not being able to connect with the source of the information he provides live this becomes very risky indeed. things change so fast on that 15 minute chart.

posting charts around the clock is probably a pain in the rear.. either way i'm glad i found FF's work because i always knew FX was rigged.
supply & demand is a farce !
  • #7,164
  • Sep 20, 2018 3:19am Sep 20, 2018 3:19am
Quoting bumb
DM longs just do not pose a threat at the moment they simply do not have enough positions in the market to worry SM.. like FF's states it is OK for some to make a few coins to crush the herd or they can play the time/range game to suck more DM into this sham. wgayx, very true, i am blown away by the work and ideas FF has provided here and am very appreciative. however, not being able to connect with the source of the information he provides live this becomes very risky indeed. things change so fast on that 15 minute chart. posting charts around...
True. Things change so fast on the 15mins. So you also see a ride higher to crush the sellers, right?
  • #7,165
  • Sep 20, 2018 3:27am Sep 20, 2018 3:27am
yes, unless the DM longs get aggressive.

looks like the SM is enticing the break out trading DM longs to get involved. without having access to what is going on live we are just reading tea leaves my friend.

SM has created the illusion its going higher and that worries me. could be taking in some huge DM longs right now.
supply & demand is a farce !
  • #7,166
  • Sep 20, 2018 3:30am Sep 20, 2018 3:30am
Quoting bumb
yes, unless the DM longs get aggressive. looks like the SM is enticing the break out trading DM longs to get involved. without having access to what is going on live we are just reading tea leaves my friend. SM has created the illusion its going higher and that worries me. could be taking in some huge DM longs right now.
That exactly is my worry. I have sometimes followed FF's excellent charts only to see SM turn price the other way, and that is because they have real-time order flow which we here don't, except FF.

I have decided to leave the EU trade since I missed the buy from bottom. I'll sell at a higher price if and when price gets there.
  • #7,167
  • Sep 20, 2018 3:30am Sep 20, 2018 3:30am
Quoting Mitiblotch
{quote} True. Things change so fast on the 15mins. So you also see a ride higher to crush the sellers, right?
If you want to trade the brake out you have to scalp realy fast because you donīt know how long the momentum will last. So SL to break even as soon as possible and move SL higher. As soon as momentum is away exit. Reversal very likely to happen.
  • #7,168
  • Sep 20, 2018 4:04am Sep 20, 2018 4:04am
In times like this we don't know how aggressive the DM longs have become so isn't wise to jump into the bull train now.
  • #7,169
  • Sep 20, 2018 4:10am Sep 20, 2018 4:10am
Guys,


do NOT be rambos. Be snipers.

We do not trade in a market with low causality bias!

Remember the "no rule of thump" principle.

Go back and study more videos and posts.

Do not place trades when the market is in a "high DM tolerance" phase and whipsawing, playing "pacman".

Stay safe,
FF
www.sme-fx.com
  • #7,170
  • Sep 20, 2018 4:11am Sep 20, 2018 4:11am
EU M15:
Attached Image (click to enlarge)
Click to Enlarge Name: rufruueueudeudueude.png Size: 55 KB
www.sme-fx.com
  • #7,171
  • Sep 20, 2018 4:12am Sep 20, 2018 4:12am
If I have some more time on my hands I will explain various points, once more.

But prob. not this week.

Stay safe,
FF
www.sme-fx.com
  • #7,172
  • Sep 20, 2018 4:13am Sep 20, 2018 4:13am
GU M15:
Attached Image (click to enlarge)
Click to Enlarge Name: ggu ug gu h uhg.png Size: 48 KB
www.sme-fx.com
  • #7,173
  • Sep 20, 2018 4:14am Sep 20, 2018 4:14am
GJ M15:
Attached Image (click to enlarge)
Click to Enlarge Name: gjgjghjhhg.png Size: 42 KB
www.sme-fx.com
  • #7,174
  • Sep 20, 2018 4:16am Sep 20, 2018 4:16am
Quoting wqayx
{quote} Itīs impossible to trade without having FFs source. My call for short on EU+GU was only based on that big SL accumulations. I can imagine that they are placed on purpuse. Unfortunately FF does not want to share how you can spot real SL vs fake. With reasonable trading thougts (without (fake)orderbook) the moves on EU yesterday were clear to me. If you do not consider this (pseudo SL) the break of Y high is very likely today. And a perfect entry on the bounce @ 1.16850 was also well predictable. (p.s EU indeed made a nice down move from 1.7)...
I disagree with it being impossible, while you might not be able to read the chart as good without, you can still trade profitably, it's just going to be less frequent and not as many winners.

SL accumulations give me a headache, it's too easy to think of them as limit orders as opposed to SL, and it throws me, it's all quite counter intuitive as FF says, and the problem with that is as you're learning you start thinking you need to think counter intuitively, then as you go through that process you start thinking counter intuitively and then overthink it and then second guess yourself and do a counter counter, it just takes time, I've had to go through that with nearly every trading process that I do, it takes time, and to be honest it takes me longer than most, not because I'm dim, it's because I have ADD which is a bugger of a hurdle for trading, but persistence does work.

There are 2 or 3 patterns that are a dead giveaway on the charts, triangles with clear fake SR work well, the other is the head and shoulders pattern, but not as in most of the pictures you will see of that, basically the head is much wider, and you have the pre-run counter move.

I have studied forex for about 10 years off and on and have identified these pattern and how they work, what I like most about FF's videos is that they have confirmed to me that I'm right and why this happens, so just 3 or 4 of his videos are cutting years off your learning process.

It's a frustrating journey at best, but I can tell you that just getting the basics right will get you into profit.

The ironic thing is that sometimes I wish I'd never come across this thread!!!!! I was trading quite profitably before I came across this thread with what I knew on plain charts, I promise you it can be done. But I was looking for something that would give me more methodology to my trading, and I found it, but in my trading it's been a step back, but I know the pain is worth the gain since it will be a couple or three forwards, and my trading will be sustainable in the long run, at least now I have come to the point where I have made 1 step forward, so m trading is back to where I started before coming across this thread.

So you see what I'm saying, it is imperative that you get the basics right so it provides the framework for the detail.

We'll get there
  • #7,175
  • Sep 20, 2018 4:17am Sep 20, 2018 4:17am
EJ M15:
Attached Image (click to enlarge)
Click to Enlarge Name: enjjeejehej.png Size: 44 KB
www.sme-fx.com
  • #7,176
  • Sep 20, 2018 4:18am Sep 20, 2018 4:18am
UJ M15:
Attached Image (click to enlarge)
Click to Enlarge Name: ujujuhujhuhu.png Size: 35 KB
www.sme-fx.com
  • #7,177
  • Sep 20, 2018 4:19am Sep 20, 2018 4:19am
EG M15:
Attached Image (click to enlarge)
Click to Enlarge Name: gegegefeg.png Size: 26 KB
www.sme-fx.com
  • #7,178
  • Sep 20, 2018 4:20am Sep 20, 2018 4:20am
AU M15:
Attached Image (click to enlarge)
Click to Enlarge Name: auuaau m155151.png Size: 39 KB
www.sme-fx.com
  • #7,179
  • Sep 20, 2018 4:21am Sep 20, 2018 4:21am
Quoting FractalFreak
Guys, do NOT be rambos. Be snipers. We do not trade in a market with low causality bias! Remember the "no rule of thump" principle. Go back and study more videos and posts. Do not place trades when the market is in a "high DM tolerance" phase and whipsawing, playing "pacman". Stay safe, FF
Thanks a lot. The explanations will help us.
  • #7,180
  • Sep 20, 2018 4:23am Sep 20, 2018 4:23am
"We'll get there "



Yes,

but put in some hours.

Again, do NOT fly an F-16 jet with a one-page manuals.

That is also why I do not allow any one pagers here.

It looks for example that you do not understand the

DM tolerance principle.

Alehaydn just posted an overview regarding where to find what in the thread,
so no excuses!

Use it, read, and if you have more questions,
ask them

FF
www.sme-fx.com
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