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  • #8,741
  • Nov 29, 2018 7:42am Nov 29, 2018 7:42am
Quoting Shabs19
{quote} Asian market again setting up London to take it down to the US open Take Profit.
Hi,
What ever the reason why it moved does not matter to me as i traded the push after open...
I traded off stats not reason lol. ( i am not being negative about your post as you are probably correct as to why it happened.
Trade well
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,742
  • Nov 29, 2018 7:44am Nov 29, 2018 7:44am
t 15-45 i chilled out today lol.
i nearly said earlier we have have consolidation with Cable after the drop.
This will line charts up. i will explain later if i am around.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,743
  • Nov 29, 2018 7:54am Nov 29, 2018 7:54am
Quoting billytt
{quote} Hi, What ever the reason why it moved does not matter to me as i traded the push after open... I traded off stats not reason lol. ( i am not being negative about your post as you are probably correct as to why it happened. Trade well
No Problem, Horses for Courses. Trade Well, Trade Safe.

Quoting billytt
t 15-45 i chilled out today lol. i nearly said earlier we have have consolidation with Cable after the drop. This will line charts up. i will explain later if i am around.
Possible moves from consolidation upwards just below 1.2800 or down to 1.2750, RR not good so out.
It never gets easier, you just get better
  • #8,744
  • Nov 29, 2018 10:58am Nov 29, 2018 10:58am
Quoting Shabs19
{quote} No Problem, Horses for Courses. Trade Well, Trade Safe. {quote} Possible moves from consolidation upwards just below 1.2800 or down to 1.2750, RR not good so out.
yes i agree, with 12800 & 12750 area and then 12840/12700 area.
Obviously with me i would need a legit entry.

Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,745
  • Nov 30, 2018 4:14am Nov 30, 2018 4:14am
Quoting billytt
{quote} yes i agree, with 12800 & 12750 area and then 12840/12700 area. Obviously with me i would need a legit entry. Trade well.
Played out as expected, the Asian Market low volume setting up the drop to 1.2750 before clearing out the stops around 1.2800
Wasn't around this morning, so didn't trade it.
It never gets easier, you just get better
  • #8,746
  • Nov 30, 2018 5:19am Nov 30, 2018 5:19am
Quoting Shabs19
{quote} Played out as expected, the Asian Market low volume setting up the drop to 1.2750 before clearing out the stops around 1.2800 Wasn't around this morning, so didn't trade it.
Like i say, i have stopped Trading,
Today was a perfect day, Cable.... 08-00 15 minute bar High Broke for x then retraced tgo break the 00-00 4 hour bar Low for a lot more x, lol
Once that happens we have a different game to play,,
ie, chase the Daily range Low,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,747
  • Nov 30, 2018 7:56am Nov 30, 2018 7:56am
In my view this strategy based on DM orders is in fact in the last stage of its lifecycle. Maybe it sounds strange, but let me explain what I meant:

- any strategy works as long as it provides an edge, right? But recently, more and more retail traders became aware about it and some of them even developed their customed indicators

- in addition, a lot of 'Non-Trading Commercial' gurus started to preach it over the internet, youtube etc.

- for me this is a clear indication that the real creators of these strategies realized that they are losing their edge, so now all they can do is to pack them nicely and to sell them for a good price as long as they still work (somehow)

- so, in theory, more and more traders are awakening and they could hurt SM; are we supposed to believe that SM would stay still? Of course not, their algos would dismantle these strategies in a second, it is so easy. They control the infornation provided to DM...

- for instance, Oanda offers the charts of retail traders' orders in the name of transparency...come on, isnt this craziness? When they decided to make this PR move, of course they figured out how to provide this info in such a manner that the retail traders cannot use it profitably on a regular basis. I also remember that there is a disclaimer on their site stating that these charts are based on SAMPLING, not on actual data (WTF!!!)

- all in all, after a massive promotion and sale of these indicators, in a few months they will deliver exactly the same results like any other 'amazing' indicators

Have a great weekend everyone
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
  • #8,748
  • Nov 30, 2018 9:00am Nov 30, 2018 9:00am
Quoting billytt
{quote} Like i say, i have stopped Trading, Today was a perfect day, Cable.... 08-00 15 minute bar High Broke for x then retraced tgo break the 00-00 4 hour bar Low for a lot more x, lol Once that happens we have a different game to play,, ie, chase the Daily range Low,
OK, I will stop posting analysis here. Keep to the topic of the thread.
It never gets easier, you just get better
  • #8,749
  • Nov 30, 2018 10:32am Nov 30, 2018 10:32am
Quoting redoktober
Maybe Fractal has a weak memory, but we do not . 23 days ago , FailedFreak screamed : " Here my next LIVE prediction ... NZDUSD WILL GO DOWN !! " {image} So , Fractal opened this SHORT on 6 November. 23 days... and 200 Pips still in LOSS ! {image} {image} Fractal's followers , is this your master ? Is this your master ? Is this your master ?


The funny thing here is that he defines perfectly what the dumb money does! Really!

 

  1. Opening a trade just before some big news thinking he can ''predict'' the direction.
  2. Holding on a losing position
  3. Adding on losing positions thus increasing his losses
  4. Being stubborn and not accepting to admit being wrong even when it's obvious
  5. Letting the ego take control of the situation
  6. Being unable to control the emotions
  7. etc....


It's ironical because I, as others, see this guy's behavior as the dumbest of the dumb money! It is so obvious for any trader with a bit of experience that this guy is completely unable to be profitable trading FX!

When you trade real money, if you show arrogance and stubbornness in front of the market even 1% of the arrogance he shows, it just take one single trade to wipe your account every time, again and again....even on demo accounts !!!

And about his ''method'', this is complete BS. I won't go into technicals here. I will just say that while having access to the market depth can give you a slight advantage for scalping, it is certainly useless in order to build a long-term profitable strategy. Currencies are moved by dozens of factors : interest rates, inflation, debts, economic performance, political stability, terms of trade (import/export), commodities linked with some currencies, political debates, elections, speculation....and so many other things....

There is so much more than just a group of ''cartel/mafia'' secretely plotting to chase retail traders few bucks !!!! Not even saying that there are even very few A-book brokers so dumb money is negligible anyway...

Don't give up on your dreams. Keep sleeping.
  • #8,750
  • Nov 30, 2018 11:11am Nov 30, 2018 11:11am
He hasn't mentioned NU since Nov 22nd. Is this trade still going or is it closed ?

https://www.forexfactory.com/showthr...6#post11724616
It never gets easier, you just get better
  • #8,751
  • Nov 30, 2018 12:30pm Nov 30, 2018 12:30pm
Quoting Shabs19
{quote} OK, I will stop posting analysis here. Keep to the topic of the thread.
NO. do not stop posting as you are educating people.
Most of what you post i agree with.
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,752
  • Nov 30, 2018 12:30pm Nov 30, 2018 12:30pm
Quoting Artcool
{quote} The funny thing here is that he defines perfectly what the dumb money does! Really! Opening a trade just before some big news thinking he can ''predict'' the direction. Holding on a losing position Adding on losing positions thus increasing his losses Being stubborn and not accepting to admit being wrong even when it's obvious Letting the ego take control of the situation Being unable to control the emotions etc.... It's ironical because I, as others, see this guy's behavior as the dumbest of...
I agree 100% with everything you said.
He is in every way shape and form DM.
Produced 10 videos on that nzd trade... Trying to justify his ineptness as a trader


Which we all know he is not a successful trader.. just a 2 bit salesman.

On another point.. @Bfx17
I agree why would OANDA provide tools to their clients that will help them win more trades... It's usefulness is very very limited.
So you get a sampling of retail traders orders of Oandas.. not a true picture of the market..

I think you would be better off working from C.O.T Data ..

What Fractal offered is just a gimmick. That's why him and Tarmo pulled all their websites.. because it was a shit product... Now they've revamped and will try again soon...

Fractals a salesman not a trader... As so succinctly outlined by ARTCOOL....
No professional trader would trade the way Fractal has shown...

I still think Fractal should be flipping burgers at McDicks...

Minimum wage in Gibraltar is approx 8.25 usd per hour... So say hmmmm a conservative 1000 hours he's burnt up here.. let's call it 1200 hours.. he would be ahead 10k .. and no tax on that amount...

Yep Fractal... You should be flipping BigMacs. My advice for you for 2019 !!
Master your Mind,,,Master the Market
  • #8,753
  • Nov 30, 2018 12:36pm Nov 30, 2018 12:36pm
[quote=Artcool;11754734]{quote} The funny thing here is that he defines perfectly what the dumb money does! Really! Opening a trade just before some big news thinking he can ''predict'' the direction. Holding on a losing position Adding on losing positions thus increasing his losses Being stubborn and not accepting to admit being wrong even when it's obvious Letting the ego take control of the situation Being unable to control the emotions etc.... It's ironical because I, as others, see this guy's behavior as the dumbest of the dumb money! It is so obvious for any trader with a bit of experience that this guy is completely unable to be profitable trading FX! When you trade real money, if you show arrogance and stubbornness in front of the market even 1% of the arrogance he shows, it just take one single trade to wipe your account every time, again and again..

well said,
we have Fundamentals (everything grouped together) as you pointed out.

Like i say, it does not matter if the big boys are killing retail traders.It does not matter.
Perhaps it is an urban myth.
we have levels and we will always have breakout/ retrace traders plus stop areas.
look at the charts and follow the big boys.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,754
  • Nov 30, 2018 12:39pm Nov 30, 2018 12:39pm
[quote=bluesteele;11755017]{quote} I agree 100% with everything you said. He is in every way shape and form DM. Produced 10 videos on that nzd trade... Trying to justify his ineptness as a trader Which we all know he is not a successful trader.. just a 2 bit salesman. On another point.. @Bfx17 I agree why would OANDA provide tools to their clients that will help them win more trades... It's usefulness is very very limited. So you get a sampling of retail traders orders of Oandas.. not a true picture of the market.. I think you would be better off working from C.O

lol .flipping burgers.
Maybe we re brand them Mc cip cip and Mc Bleat.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,755
  • Nov 30, 2018 12:56pm Nov 30, 2018 12:56pm
Quoting billytt
Quoting Artcool
{quote} The funny thing here is that he defines perfectly what the dumb money does! Really! Opening a trade just before some big news thinking he can ''predict'' the direction. Holding on a losing position Adding on losing positions thus increasing his losses Being stubborn and not accepting to admit being wrong even when it's obvious Letting the ego take control of the situation Being unable to control the emotions etc.... It's ironical because I, as others, see this guy's behavior
...
Yeppers Billy...

The Charts are a road map... And you either learn to read them or you don't and crash and burn...

Perhaps it can be compared to a race car driver... His only job is to read the road and make decisions based on what he sees.. He is aware of some of the mechanics of his vehicle... But job #1 is reading the road .

Im fact not one indicator is needed on his dashboard.. he can hear the Rpms He can feel the handling and performance and adjust accordingly...

No different trading.. I don't need any fancy indicators.. just the charts.. maybe a few lines.... Perhaps a MA... That's it...a quick scan of a bare chart reveals all areas of importance... But it takes years and years of experience in front of the screen.. and everyone wants a shortcut... Indicators to give them a green light a red light..

Truth is there are no shortcuts no easy way

No magic...

But people will always be the way they always have been.. and for that reason
Hocus pocus 2 bit salesman like FractalFreak will always be around...waiting for the gullible..waiting for the lazy...waiting for the new guys ..

Well....time for some white sands and Cervezas..

Hasta pronto mi amigos......
Master your Mind,,,Master the Market
  • #8,756
  • Nov 30, 2018 1:00pm Nov 30, 2018 1:00pm
Quoting billytt
Quoting bluesteele
{quote} I agree 100% with everything you said. He is in every way shape and form DM. Produced 10 videos on that nzd trade... Trying to justify his ineptness as a trader Which we all know he is not a successful trader.. just a 2 bit salesman. On another point.. @Bfx17 I agree why would OANDA provide tools to their clients that will help them win more trades... It's usefulness is very very limited. So you get a sampling of retail traders orders of Oandas.. not a true picture of the market.. I think you would be better off
...


Fractals ... Mc Bleat
Followers.. Mc Cip Cips

Ay carumba...lol

Cheers !!
Master your Mind,,,Master the Market
  • #8,757
  • Nov 30, 2018 1:09pm Nov 30, 2018 1:09pm
Even if stophunting and such was just a myth... majority of retail traders would still lose for the same reason why majority of humans are unsuccesful. Just look at sports, science or be it anything. Most of us suck and most of us are stupid. No need to blame anyone except ourselves most of the time.
Necessity knows no law except to conquer
  • #8,758
  • Nov 30, 2018 1:18pm Nov 30, 2018 1:18pm
Quoting 3ndlessHope
Even if stophunting and such was just a myth... majority of retail traders would still lose for the same reason why majority of humans are unsuccesful. Just look at sports, science or be it anything. Most of us suck and most of us are stupid. No need to blame anyone except ourselves most of the time.
of course they will still lose.

Major reason being is greed.
How often do you see people here say oh i made 100 pips, 200 pips etc. blah blah bleat.
If they are doing that they should be retired.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #8,759
  • Nov 30, 2018 2:19pm Nov 30, 2018 2:19pm
Quoting 3ndlessHope
Even if stophunting and such was just a myth... majority of retail traders would still lose for the same reason why majority of humans are unsuccesful. Just look at sports, science or be it anything. Most of us suck and most of us are stupid. No need to blame anyone except ourselves most of the time.
FF is no better than Scam FX Brokers, leading gullibles into believing he has the magic indicator and he can't possibly lose as he can see all the SM's trades.
Even the SM can't see other SM's trades, even with their money & resources, what chance have the DM got ?
You will not find this info anywhere, this is a decentralised market, as he now acknowledges after backtracking.

Ask yourself what is his agenda, if he is not going to reveal all his knowledge as he states in his first post ?
At best he is entertainment, at worst He will waste years of your development as a potential FX trader with this crap.
You decide.
It never gets easier, you just get better
  • #8,760
  • Dec 2, 2018 3:06am Dec 2, 2018 3:06am
Quoting mcquak
Does anyone have any experience with Brian Downing's quantlabs.net? Scam/Noscam?
I used to receive emails from this guy for a long time then I had enough of him and stopped subscribing it. would not say this guy is a scam but.....He tries to sell courses teaching how to predict double bottom , double top ,head and shoulder etc..with machine learning or rsi system with machine learning in python language etc..

He used to copy paste lot of staff from linkedin and other related blogs.
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