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The only thread you will ever need: FX Exposed!

  • #10,381
  • Dec 14, 2018 6:47am Dec 14, 2018 6:47am
Method
6718.25 taken, but New L at 6698.25, then I take profit and wait for a indication of taking shorts at 6730.50 or a reverse to take the new longs.

As it can be seen, there is not ambiguity in the value of the targets.
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  • #10,382
  • Dec 14, 2018 7:52am Dec 14, 2018 7:52am
Quoting JGalt
{quote} No. Actually I don't do any FX, only stock options but wanted to check if my calculations work in FX besides Stock and Futures. Actually, I can't imagine any reason why ppl trade FX , lol {image}
Wouldn't you say that all the markets are equally as manipulated? I am sure they are all manipulated by the same forces, whether it is FX, Stocks or Futures?
  • #10,383
  • Dec 14, 2018 7:57am Dec 14, 2018 7:57am
Quoting JennyMK
{quote} Wouldn't you say that all the markets are equally as manipulated? I am sure they are all manipulated by the same forces, whether it is FX, Stocks or Futures?
Fully agree, but as I said some time before, FX is the playground, no minimum restrictions whatsoever
  • #10,384
  • Dec 14, 2018 8:01am Dec 14, 2018 8:01am
The New L were taken immediately reversing to reset position.
Cool, I think. As for my way of trading, I found invaluable to have clear objective (purely mechanical) targets.
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  • #10,385
  • Dec 14, 2018 8:17am Dec 14, 2018 8:17am
Quoting JGalt
The New L were taken immediately reversing to reset position. Cool, I think. As for my way of trading, I found invaluable to have clear objective (purely mechanical) targets. {image}
Price action is your primary analysis?
  • #10,386
  • Edited 12:00pm Dec 14, 2018 11:44am | Edited 12:00pm
Quoting JennyMK
{quote} Price action is your primary analysis?
yes it is.

EU update
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NQ... another level gone
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  • #10,387
  • Dec 14, 2018 2:12pm Dec 14, 2018 2:12pm
It’s happened, beauty. I can now happily go back to lurking once more, which suits me best. Just browing interesting (to me) threads on here.

Thank you J Galt, for bringing in your charts, which will galvanise people hopefully into seeing & finding a PROCESS that works for them.

Thanks also to Moodybot who PM’d me with good intentions and a direction that could be taken if I wish.

And thx to those kind others who PM’d me with moral support while I was under attack from absolute informational misdirection by a certain group on here as to my identity. Thank you so much.

And thx to a newcomer to FX in Jenny. Who also showed me support in her own way.

Jenny there are many wiser heads in FX than me on here lol. And some have already shown their goodwill to you on this thread and I wish you well in your endeavours.

If you enjoy FX and see a future for yourself do not be put off into quitting, but search for a way.

My advice to all at the start of this journey to success is reduce all your trades to micro-lots (the most minor micro-lot initially lol) to feel your way without destroying large amounts of cash.

Demo doesn’t work that way. It’s an unnecessary safety net.

SM cannot HUNT demo. You will not experience the process. There is no skin in the game for them (apologies Nassim).

And a final thanks to Fractal (whoever, and wherever you are).

I will be forever grateful to you for just having observed your charts.

For me it was like that picture trick where you look and only see dots.

People tell you there is an image of a rabbit (or whatever) in the dots. But you can’t see the rabbit.

It’s NOT because you are dumb. It’s your mode of brain function at the time. But you look again because someone told you the rabbit is there. And one day you see the rabbit.

And when you see the rabbit (which you couldn’t before), you will now ALWAYS see the rabbit.

In fact when you look at the picture again you can’t NOT see the rabbit. It will no longer be just DOTS in FX for you. Ever again.

I wish everyone well in their journey. We enter our Xmas summer period down here and I will enjoy a two week break from trading, and the routines of life. I’ll review my past 3 months (since 24th Sept) account equity curve. And maybe say to myself I didn’t think I could ever do it. And if I can turn it all around at my age, anyone can.

Good fortunes to all traders.
  • #10,388
  • Dec 14, 2018 4:17pm Dec 14, 2018 4:17pm
Quoting TimeTells
It’s happened, beauty. I can now happily go back to lurking once more, which suits me best. Just browing interesting (to me) threads on here. Thank you J Galt, for bringing in your charts, which will galvanise people hopefully into seeing & finding a PROCESS that works for them. Thanks also to Moodybot who PM’d me with good intentions and a direction that could be taken if I wish. And thx to those kind others who PM’d me with moral support while I was under attack from absolute informational misdirection by a certain group on here as to my identity....
Have a good Christmas Frac,

Inserted Video


Safe
JD
  • #10,389
  • Dec 14, 2018 5:07pm Dec 14, 2018 5:07pm


for goodness sake on the frac

but thx for the wishes
have a great chrissy LH
from PETE FFS LOL
  • #10,390
  • Edited 10:12am Dec 15, 2018 5:20am | Edited 10:12am
Quoting TimeTells
It’s happened, beauty. I can now happily go back to lurking once more, which suits me best. Just browing interesting (to me) threads on here. Thank you J Galt, for bringing in your charts, which will galvanise people hopefully into seeing & finding a PROCESS that works for them. Thanks also to Moodybot who PM’d me with good intentions and a direction that could be taken if I wish. And thx to those kind others who PM’d me with moral support while I was under attack from absolute informational misdirection by a certain group on here as to my identity....
Feeling under attack just like FF always did and looking for goatish supporters. No need predicting your next move is posting as real FF after a pause as TT since that's what you did - postings as TT after a pause as FF. Will it be soo hard to, as FF, admit that your sniper approach was wrong and though you are a good coder with fine product yet you don't know it all and learns/learned too, before trying to bail? Now you are playing chief supporter to yourself too. What a pity.

If your intentions is to market your product why not go ahead and place your price tag on it instead of seeking to deceive yourself?

Jenny, stick to demo until you see profits for a month atleast. A little live account and small lots without the right knowledge you will be too tempted to go big too quick until you start blowing account. What is the essence of having skin in the game when you don't know about the game? Dont tow the very same line of 95% beginer losers. Infact at this stage, the aim should be to keep emotions under control so your brain can be more active and not beclouded not fuel it by going live.
Know News/time; WAIT for Edge Entries, MPLC Normalization, Exits & TP's..
  • #10,391
  • Dec 15, 2018 8:17am Dec 15, 2018 8:17am
Hi all

Have received several PM about my work and decided to share some info about it.

If you read my initials post (I don't have many, so easy to find 'em) you will find that:
Quote
"... it amazed me to discover the precise range securities move in (I am not into FX), I am fully aware of the movements FF describes and plot in my charts the levels where the stops should be with uncanny precision... BUT ,and that is why I'm so interested in this thread, I haven't figured out for which stops they will go first in a given day... I have to wait until they show their hand "

So, after so many pages in this thread my question remains, but I have to admit that Fractal's first videos gave me very good explanations that seems to match my observations and a better insight of the next price move. The main finding for me has been this: Once a price seems to be the next target and prices start to move there, NEW in between levels MAY appear, if that happens then I am vigilant to take any profit I may have because price may reverse to take those new recent levels. For that I am grateful to FractalF.

My work is based exclusively in price, have tried to incorporate volume and always fail, but keep looking.

I must say that I am more than a competent programmer and in another forum under another name I freely help people to program their ideas. So the levels I have posted are fully automated, therefore they do have precise values, they are not a vague idea where stops, Support and Resistance, or whatever you call it, are.

However I haven't had the time yet to program them in different colors neither plotting just at the right side of the screen, so what I post is done and colored manually at the levels determined by my program or indicator.

A word of caution: there is no Holy Grail, don't try to copy it. There is only your method, that you will refine with the things you pick here and there.
Only one advice: reduce as much as you can your indicators, if you have 3, that is too much. If you need to add something, something else must go. If you follow this, you will find that you have clearer signals and your mind will be sharper.

Good look
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  • #10,392
  • Dec 15, 2018 9:38am Dec 15, 2018 9:38am
Quoting JGalt
Hi all Have received several PM about my work and decided to share some info about it. If you read my initials post (I don't have many, so easy to find 'em) you will find that: {quote} So, after so many pages in this thread my question remains, but I have to admit that Fractal's first videos gave me very good explanations that seems to match my observations and a better insight of the next price move. The main finding for me has been this: Once a price seems to be the next target and prices start to move there, NEW in between levels MAY appear,...
Interesting but without ready accessible to the indi to know when a new level appears = problem don't you think.
Know News/time; WAIT for Edge Entries, MPLC Normalization, Exits & TP's..
  • #10,393
  • Dec 15, 2018 11:31am Dec 15, 2018 11:31am
Quoting princefred
{quote} Interesting but without ready accessible to the indi to know when a new level appears = problem don't you think.
Dont need indicators.
A way is ... find the closest levels and trade between them.
POW!
  • #10,394
  • Dec 15, 2018 12:56pm Dec 15, 2018 12:56pm
Quoting princefred
{quote} Interesting but without ready accessible to the indi to know when a new level appears = problem don't you think.
No, not really. That was important for my level indicators.
It is about your method or strategy.


I didn't received any inside info of what Fractal uses but thought in a way to incorporate what he was telling into my strategy.
  • #10,395
  • Dec 15, 2018 5:45pm Dec 15, 2018 5:45pm
I rarely participate in such Cesspools of forum discussions.

Jenny's trade for which she was criticized so vigorously by princefred, bushy, fxprimate and profitfarmer.

Currently at this time if her position wasn't closed by a SM move, over the weekend she could be looking at her held position and assessing her next action, ie - whether to close out her position on Monday and collect profits, also collecting positive overnight swap, or now let it run. Even after the bounce she would now be +65 pips and could have already cashed in.

Jenny has her own trading style, like all of us, and on this trade she chose to share, her method of entry was correct, and you guys (princefred, bushy, fxprimate and profitfarmer) 'the heard' were incorrect. You only need to look at FF latest voting poll to see where the heard is, and you know what they say about 'the heard'.
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My comments are not to be taken as trading advice, not a financial advisor
  • #10,396
  • Edited 6:22pm Dec 15, 2018 5:58pm | Edited 6:22pm
Quoting cogs
I rarely participate in such Cesspools of forum discussions. Jenny's trade for which she was criticized so vigorously by princefred, bushy, fxprimate and profitfarmer. Currently at this time if her position wasn't closed by a SM move, over the weekend she could be looking at her held position and assessing her next action, ie - whether to close out her position on Monday and collect profits, also collecting positive overnight swap, or now let it run. Even after the bounce she would now be +65...
You must be confusing me with someone else ?!
Anyway, a Merry Christmas to you.
POW!
  • #10,397
  • Edited 5:14am Dec 16, 2018 4:44am | Edited 5:14am
Does it work in Bitcoin ? we'll see
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  • #10,398
  • Edited 6:21am Dec 16, 2018 5:39am | Edited 6:21am
Quoting cogs
I rarely participate in such Cesspools of forum discussions. Jenny's trade for which she was criticized so vigorously by princefred, bushy, fxprimate and profitfarmer. Currently at this time if her position wasn't closed by a SM move, over the weekend she could be looking at her held position and assessing her next action, ie - whether to close out her position on Monday and collect profits, also collecting positive overnight swap, or now let it run. Even after the bounce she would now be +65 pips and could have already cashed in. Jenny has her...
You completely missed the point of my post to her. Without enough knowledge she will keep taking loss before "the profit" just like in that trade and may hang on when she should leave in a quest to do the opposite. I longed EURUSD, NZDUSD, GBPCHF when i called it here and nothing you or anyone else (even FF or TT) says can make me close it before time - check my TE it's all there. That's what knowledge an experience does if one knows what he/she is doing. I can't blame or ascribe responsibility to anyone but myself for what becomes of those trades. Somewhere i talked about exit being even more important than entry. Maybe she doesn't know that as i sought to imply in that post you misconstrued.

Also, the herd in forex is that 95% losers. So follow the herd to your detriment in forex.
Know News/time; WAIT for Edge Entries, MPLC Normalization, Exits & TP's..
  • #10,399
  • Dec 16, 2018 5:59am Dec 16, 2018 5:59am
Quoting fxprimate
{quote} You must be confusing me with someone else ?! Anyway, a Merry Christmas to you.
I think he means this :
https://www.forexfactory.com/showthr...8#post11794968
It never gets easier, you just get better
  • #10,400
  • Dec 16, 2018 6:34am Dec 16, 2018 6:34am
Quoting Shabs19
{quote} I think he means this : https://www.forexfactory.com/showthr...8#post11794968
Hey Shabs

But that's not to criticize vigorously, quite the contrary.
Is to help in short words and with a bonus image.

I did not even mention her trade.
That's why he must have confusing me with someone else.

If our "colleague" cogs does not understand that post, itīs because he still has a long way to go.
A trader can make an entire career based on that post.

Cogs ... Print that post, pin it to your computer, and look at it every day before you start your trading day.
PS: No need to thank me
POW!
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