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The only thread you will ever need: FX Exposed!

  • #10,501
  • Dec 18, 2018 5:01pm Dec 18, 2018 5:01pm
TT you can use this chart if you dont have one ... just for me to understand what you are saying, I´m a visual person.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.PNG Size: 31 KB
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  • #10,502
  • Dec 18, 2018 5:04pm Dec 18, 2018 5:04pm
Quoting TimeTells
Lol Art Mate you're not a sociopath are you lol? Bed at midnight for me. I miss most of "post" NY open plays down here, I have to trade for low (to you) pips during Asia (and then the SM mischief between London open and NY open). Wake up at dawn refreshed. No Trade Manager EA. Manual closures at 4am. But why are you coming all the way down from Texas (just an expression) to try and make fun of somebody. Again. All you elite guys are making hudreds of pips. You're home looking at your swelling bank balances and salivating. Yet you need for...

No need to attack me. Be polite because I am just trying to understand and learn from you how you managed that trade.
So you opened a trade when price hit 1.1375 and then as price was going up (SM chasing you), you added several entries, and then went to sleep at midnight?
And when you woke up at 4AM, the trade was well in profit and you immediately closed it at 1.1350?

Maybe you can show us your TE so we can try to understand how you did it?
Don't give up on your dreams. Keep sleeping.
  • #10,503
  • Dec 18, 2018 5:07pm Dec 18, 2018 5:07pm
Hi FX-P no probs

I could have had a 50 pip average trade - had I waited - I didn't I was DM (again as usual for me lol)

I averaged 25 pips (my "semi retired" life requires about 12-15 pips per day I worked out - I'm just a small in-out day trader player nothing like the elite)
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15 another DM battle for me.png Size: 61 KB
  • #10,504
  • Dec 18, 2018 5:09pm Dec 18, 2018 5:09pm
apologies also Art, I felt you were having a shot a my small trades, my mistake.
  • #10,505
  • Dec 18, 2018 5:23pm Dec 18, 2018 5:23pm
Quoting TimeTells
Hi FX-P no probs I could have had a 50 pip average trade - had I waited - I didn't I was DM (again as usual for me lol) I averaged 25 pips (my "semi retired" life requires about 12-15 pips per day I worked out - I'm just a small in-out day trader player nothing like the elite) {image}
Well, I do not know how you can see that just with the information shown in this chart ?!
That is comment (and badly) what has happened.
It´s only blah blah blah

I see that you do not know how to trade nor comment, thanks anyway.
POW!
  • #10,506
  • Dec 18, 2018 5:29pm Dec 18, 2018 5:29pm
ha ha

FX-P

I guess I was right in my initial thoughts, I still have hope for Art though

And here's something to ponder on over Chrissy FX-P

Let's say I call a thing with branches a tree. And someone else call's it Aunt fanny's Britches. Who cares.

I see what I see, and how I interpret it. I do not seek your approval in any way.

I trade this over and over, the past 3 months (since 24th Sept to be precise).

And I'm increasing my equity. So your churlish comment that I can't trade or comment (lol) makes you the sociopath it seems.

Art's off the hook

Be careful with FOMC and Chrissy from today on
all the best
Pete
  • #10,507
  • Dec 18, 2018 5:30pm Dec 18, 2018 5:30pm
Quoting TimeTells
Hi FX-P no probs I could have had a 50 pip average trade - had I waited - I didn't I was DM (again as usual for me lol) I averaged 25 pips (my "semi retired" life requires about 12-15 pips per day I worked out - I'm just a small in-out day trader player nothing like the elite) {image}
How do you know from your chart if they are SM or DM etc...?
  • #10,508
  • Edited 6:43pm Dec 18, 2018 5:34pm | Edited 6:43pm
Quoting TimeTells
ha ha FX-P I guess I was right in my initial thoughts, I still have hope for Art though And here's something to ponder on over Chrissy FX-P Let's say I call a thing with branches a tree. And someone else call's it Aunt fanny's Britches. Who cares. I see what I see, and how I interpret it. I do not seek your approval in any way. I trade this over and over, the past 3 months (since 24th Sept to be precise). And I'm increasing my equity. So your churlish comment that I can't trade or comment (lol) makes you the sociopath it seems. Art's off the hook...
TT, I like when someone explains to me what is done (not your case) and not when they give me talk to the eyes (your case).
How can you know the SM/DM thing, only with the chart showed, explain me please, not just cheap talk.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.PNG Size: 36 KB
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  • #10,509
  • Dec 18, 2018 5:45pm Dec 18, 2018 5:45pm
Hi Merka, good question

(Something FX-P) was incapable of doing without slagging a poor fellow trader trying to do his best in the madness of FX.

The obvious answer is YOU DON'T know. How can any trader know SM or DM from their office chair. No data, just visuals.

But who goes into trade or makes a trade without a personal opinion on what is happening.


Just seeing Fracs charts was enough for me to know who SM are now.


I have had the good/bad fortune to be DM so many times lol. Initially I used to think I was a dumb trader and closed my trades when SM hunted me JUST TO SEE them reverse at that very point and go back to where I would have profited.

I used to think my broker saw my charts or was watching me through a web cam lol (just joking).

But BEING DM has allowed to me to witness DM first hand and to develop a plan to work with SM as DM.

You CANNOT do this if there is a paradigm trend shift against you or a Central Bank intervention. If they catch you, you are toast. And I mean account blown (or worse these days after the filthy CHF rort - 2015 was it ? - that was played amongst those that already KNEW ie SM).

Now I haven't seen you before Merk so I won't ask you to read my prior posts where I pointed out what I do, how I do, and what I perceive. My perception has improved to the extent that I am now profiting.

The only other thing I use to assist my overview in where price is stalling, moving or coiling is Bill Williams MFI - on the 15m chart. I have written all this before on Frac's thread but Merk is new I think.

That is all I do, no rocket science. If I'm wrong in my assessment I get out (last was 5% of a/c equity drawdown - was I happy NO - was I beaten NO - I figured around 7.5% drawdown I would have had to pull the plug on my trades. (Hope I would have lol). Tht's how it is for DM like me.

But I tell you what. We Aussies are pretty laid back and can cop a bit of bait at any time, no probs.

But one thing I would never to do to anyone on here unprovoked is to go onto a thread they were on and try to belittle them (or worse).

Think about that everyone.
all the best
Pete
  • #10,510
  • Dec 18, 2018 5:45pm Dec 18, 2018 5:45pm
sorry FX-P I did not see your follow up.
  • #10,511
  • Dec 18, 2018 5:46pm Dec 18, 2018 5:46pm
Quoting TimeTells
ha ha FX-P I guess I was right in my initial thoughts, I still have hope for Art though And here's something to ponder on over Chrissy FX-P Let's say I call a thing with branches a tree. And someone else call's it Aunt fanny's Britches. Who cares. I see what I see, and how I interpret it. I do not seek your approval in any way. I trade this over and over, the past 3 months (since 24th Sept to be precise). And I'm increasing my equity. So your churlish comment that I can't trade or comment (lol) makes you the sociopath it seems. Art's off the hook...
I am still waiting for your answers to this post

https://www.forexfactory.com/showthr...5#post11808365

and it's the second post from me today that you ignore.
Don't give up on your dreams. Keep sleeping.
  • #10,512
  • Dec 18, 2018 5:50pm Dec 18, 2018 5:50pm
Hi Art,

well now I am confused.

was this your question

"Maybe you can show us your TE so we can try to understand how you did it? "

I hope my chart showed you enough of my thoughts as I worked with this trade, I can do no more for you sorry
  • #10,513
  • Dec 18, 2018 5:55pm Dec 18, 2018 5:55pm
"The obvious answer is YOU DON'T know. How can any trader know SM or DM from their office chair. No data, just visuals. But who goes into trade or makes a trade without a personal opinion on what is happening."

If a trader don't know.
How you say what you say in your chart commentaries ?!

I call that a commentator (someone who comments after the facts) not a trader.

EDIT: I trade with no personal opinion, I trade when something happen using probabilities.
I have some recent posts in this thread that you can see what I´m talking about.
POW!
  • #10,514
  • Dec 18, 2018 6:00pm Dec 18, 2018 6:00pm
Hi FX-P

"The obvious answer is YOU DON'T know. How can any trader know SM or DM from their office chair. No data, just visuals. But who goes into trade or makes a trade without a personal opinion on what is happening."

My answer was right underneath your eyes, and this your C+P ?

Are telling me you don't have a personal opinion on your own trades, or that you actually have exclusive information on what is happening with the buyers & sellers.

If your opionion agrees with others do you pat yourself on the pat. If your opinion disagrees with others do you call them a commentator.

Surely the long term and ongoing results of your trades is the determinator.

I am unsure as to the purpose of your posts sorry.
  • #10,515
  • Dec 18, 2018 6:00pm Dec 18, 2018 6:00pm
Quoting TimeTells
Hi Art, well now I am confused. was this your question "Maybe you can show us your TE so we can try to understand how you did it? " I hope my chart showed you enough of my thoughts as I worked with this trade, I can do no more for you sorry
Well that was one of the questions because I don't see how you could go to sleep at midnight with several opened short positions against the trend and without stop loss? And then wake up at 4am and close immediately the trades that happened to be the best possible price?

Here are my last questions so you can't be confused anymore:

So you opened a trade when price hit 1.1375 and then as price was going up (SM chasing you), you added several entries, and then went to sleep at midnight?
And when you woke up at 4AM, the trade was well in profit and you immediately closed it at 1.1350?

Maybe you can show us your TE so we can try to understand how you did it?
Don't give up on your dreams. Keep sleeping.
  • #10,516
  • Dec 18, 2018 6:01pm Dec 18, 2018 6:01pm
I was still typing lol

fair enough FX-P

With what method do you determine probabilities
  • #10,517
  • Dec 18, 2018 6:04pm Dec 18, 2018 6:04pm
Quoting TimeTells
I was still typing lol fair enough FX-P With what method do you determine probabilities
First explain me my last post, please.
POW!
  • #10,518
  • Dec 18, 2018 6:11pm Dec 18, 2018 6:11pm
Hi Art

Price topped at the big 1.14, agreed. About 9.45pm where I am.

I babysat and by midnight it had gone down to my initial entry point. I was flat.

I still had proftable sell trades running from just under the 1.14. Small lots.

I was knackerd and price had shown it's run for the day, in all PROBABILTY lol.

Set the alarm for early morning what else is there to say. Price didn't touch the 500 again after I got up (If I got up at 3am I would've babysat for an hour), If I got up at 5am close for a smaller profit. Or maybe a loss if SM had more work to back up to 1.14. The probability lol imo was that they would not break 1.14 again today. Maybe before Chrissy again who knows. Liquidity will be paper thin, only some DM lurking maybe.
  • #10,519
  • Dec 18, 2018 6:14pm Dec 18, 2018 6:14pm
Guys lol, I've said what I did. If you not like that, so be it.

I've showed you my clean charts with explanations, that's it.

I got out with a profit. So you call me lucky, or dumb, so be it.

Over the past 3 months doing this the probability showed me that I was at best in profit yesterday. At worst square. At extreme worst in the hole minus 25 pips to 1.14250.

all the best guys, brekky time, slag away lol
  • #10,520
  • Dec 18, 2018 6:15pm Dec 18, 2018 6:15pm
Quoting TimeTells
Guys lol, I've said what I did. If you not like that, so be it. I've showed you my clean charts with explanations, that's it. I got out with a profit. So you call me lucky, or dumb, so be it. Over the past 3 months doing this the probability showed me that I was at best in profit yesterday. At worst square. At extreme worst in the hole minus 25 pips to 1.14250. all the best guys, brekky time, slag away lol
ROFL

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15 another DM battle for me.png Size: 86 KB
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