Price action at the core / tma intra day

IMPORTANT NOTICE


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To ALL the members of this Family ,,,,,

SO FAR ,,,,,
Everything has been CENTRED on the GBP/JPY ,,,, AND GBP/USD ,,,,

WHY ???
ONLY because ,,, they happened to be the 2 pairs i track on a full time base ,,,,,

SO ,,,,
PLEASE ,,,
IF you do NOT track them or any of them ,,,,

PLEASE FEEL FREE ,,,,, to put forward the PAIR YOU track ,,, and i am MORE THAN HAPPY to use it for examples of explanation about the subjects i am sharing with you all ! ! ! !

BE ASSURED ,,,,,
THE INFORMATION I AM SHARING WITH YOU ALL HERE ,,,, IS NOT LIMITED TO ANY PAIR ,,, AS IT APPLIES TO EVERY FINANCIAL MARKET OUT THERE ,,, EXCEPT ,,,,,,
IT IS APPLIED WITH SMALL CHANGES TO THE THEME ! ! ! !

Looking forward to YOUR interaction here ,,,,

Cheers,
George

Firstly ,, welcome aboard ,,,,
Please feel at home sir ,,,,
Your name signed would have been a nice ,,,,

EVERYTHING THERE WILL BE ALLLLLLL EXPLAINED IN DETAIL IN DUE COURSE ! ! ! !

Cheers,
George

Hi George, my name is Jim.

I was wondering if you are the type of trader that scales in? Do you place additional trades if the initial position is going against you? If you do scale in,what metric do you use to determine your maximum position size?

Thanks for the thread.

is this ok for GU ?

regards
OK

is their any thing wrong with being guru?a doctor introduces him self as a doctor and a driver as a professional driver what is wrong if i simply say i am a professional trader?please lets forget the grama and stick to the rhema..and guess what the rhema is friend?RESULT! when i read mjyoung thread he will always say"wither i fail or succeed will never justify the failures of others so it is useless wishing me failure"lets give GEORGE ALL THE SUPPORT HE NEEDS NO MATTER WHAT
PAYBACKFX

gurus here don't put on live calls but traders do

A very good day to u Jim ,,,
Thank u for ur question ,,, and it is a good question ,,,,
MY reply in SUMMARY is ,,,,,
YES ,,, i do trade in a basket style ,,,
YES ,,, I do add more trades IF the market goes against me ,,,,,
To answer the rest of ur question ,,, is a subject that requires a long explanation ,,,, BECAUSE
It is all inter connected with my TMA pressure levels ,,, at my TMA pressure zone ,,,,, ,, which is also correlated to MY TARGETS on the higher Time Frame ,,,,,

Hope this helps sir ,,,,

Cheers,
George

hello dear george,

i've just started trading for few months but i've been vigilantly learning all i can and grasping as much as possible i can. im not yet a profitable trader and god knows when i'll be. as many new traders i've spent countless days n nights, weekdays and weekends and hours learning on forex. and of course here in FF hours and days went by. but the fact is all this while i was only a ghost here. read, study, learn, testing, and i dont even have an account... but after going thru 4 pages in ur thread i felt obligated to reach out to u. i just have to pay my respect and thank you for this thread.

my alias, friendA indicates that im the typical trader A... the sheep of the herd. im caught by the market most of the time, the 92%. when i read ur post i was somehow enlightened and truly had to thank you. please continue to take us under your wings and 'open' our minds. TQ again sir!

kev

Hello OK

What you have drawn is NOT how I PERSONALLY understand PRICE ACTION ,,, and PRICE STRUCTURE FORMATION ,,,,
BUT ,,, you are putting in great effort ,,,
I can NOT go into details right now ,,,, as the answer NEEDS to be FULLY detailed to be able to explain it ,,,,

As for the use of 1 pip stop ,,,,,
My suggestion is ,,,
It is very very tight ,,, and you could easily get hit 98% of the time with that approach ,,,

BUT ,,,
Sit tight ,,, Enjoy ur time here ,,,,, and you will see alot of chart analysis rolling in in due course ,,,, just like what has been done for the past 3 trading days ,,,
P.S
I HOPE you will like the NEXT POST i am putting on right now ,,,

Cheers,
George

TARGET TRADING SYSTEM
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PART 3
====




FULL DETAILED BREAK DOWN OF PRICE ACTION ,, EXAMPLE
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NAKED CHART ANALYSIS ,,,,,
PSYCHOLOGY APPLICATION ,,,,,,






HEEEEEEEERE WE GO TROOOOOPS ! ! ! ! !

I thought I WILL make the FIRST EFFORT in regards to my suggestion for everyone to get more interactive ,, and widening our market view ,,, and not just limited to 2 pairs ,,,,
is it called ,,, Lead by EXAMPLE ?????


Lets look at what would have to be ,,, THE MOST TRADED PAIR IN THE WORLD ! ! ! !

It is almost like ,, I am YET to come across a trader that does NOT trade the Euro Dollar ,,,,

Lets see IF the theory applies here ,,,, shall we ???????????????????

please remember ,,,,

THE MARKET IS RANDOM ,, and ,,, IT STROLLS IN THE PARK EVERY DAY LIKE WE DO ON A SUNDAY AFTERNOON ! ! ! !
hmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm

SO ,,,
PART A ,,, ESTABLISHING THE ZONE
------------------------------------------

== The market has come off the low on the 24 JAN ,,,,,
For the Benefit FIB FANS ,,,, ( something i stopped using ,, because it is NOT consistent enough for MY expectations )

Hey Mr A ,,, NO COMMENTS about my FIB work here pls ,,,, Give me a break ,,, you know i am ONLY an apprentice at it

SO ,,,

== A TOP CREATED ( MARKED X ) ,, MID high of the day ,, was created at the 127 INVERTED EXTENSION 28 JAN ,,,,, ,,

Then market RETRACES to create the LOW of that day ,, ( LOW A )
Which NOW with HINDSIGHT ,,,, we can see how the ,,, BOTTOM BASE ,,, is created for what i call
"""" THE HERD MENTALITY CONDITIONING ZONE """"

Then a run UP to create the TOP OF THE DAY ( TOP A ) ,,
WHICH IS THE ,, TOP ,, of "" THE HERD MENTALITY CONDITIONING ZONE ""

BUT ,,

On the way UP creating the MID LOW ( MARKED B ),,, 2 LOWS ,, ,
WHICH IS ,, to be used IN RELATION TO ( LOW A ) for ,, THE SUPPORT MENTALITY VALIDATION ,,
,LOW A IS ,,,, A VERY IMPORTANT PLACE ,,,,BECAUSE THAT IS THEIR TARGET ,,,,

SO ,,,,,
WHAT DO WE HAVE IN PLACE NOW ????????
WE HAVE ,,,, A COMPLETE ZONE BOTTOM A ,, AND ,, TOP A ,,,, WITH ,,,,,,
THE ( LOW B ) LEVEL IN PLACE ,,, AS THE ,,,, HERD SUPPORT MENTALITY VALIDATION FOR LOW A ( THE TARGET )
----------------------------------------------

PART B ,,,,,

WORKING THE ZONE

THIS IS ,,,, where MAGIC begins to be created at the HIGHEST ORDER ,,, AND ,,,, IN STYLE ! ! ! ! !

NEXT DAY 29 JAN ,,,,,,

They create the FIRST RESISTANCE MENTALITY VALIDATION ( TOP C ) ,,, THE HIGH OF THE DAY ,,,, WITH A SMALL TRAP BREAK ,,,,
THEN ,,, DOWN TO THE LOW OF THE DAY ( LOW D ) ,,, FIRST CONFIRMATION ,,,, SUPPORT MENTALITY VALIDATION ,,,,

NEXT DAY 30 JAN ,,,,,

THEY CREATE THE 2ND RESISTANCE MENTALITY VALIDATION ,,, HIGH OF THE DAY ( TOP C2 ) ,,
NOW PLEASE ,,,, WATCH CAREFULLY THE NEXT MOVE HERE ,,,,,, WHAT IS SO UNIQUE ABOUT THIS ????
THEY PUSH THE MARKET DOWN TO THE LOW OF THE DAY ( LOW E ) ,, TAKING OUT THE PREVIOUS DAYS LOW ( LOW D ) ,,

WHY ???
1 ,,, TO CLEAN OUT ALL THE STOPS UNDER THE LOW D ,,,,,
2 ,,, ENTICE SELLERS INTO THE MARKET FOR CONTINUATION RUN ( LOWER LOW ???? )
3 ,,, TRIGGER ALL THE BREAKOUT TRADERS ORDERS UNDER THAT LOW ,,,

A VERY SWIFT CLEANOUT ,,, 1 BAR ACTION ,,,,, Which is what I call ,,, DRIVE THROUGH DOWN TOWN PIP SHOPPING TRIP FOR UP TOWN BUSINESS

STOPPING EXACTLY WHERE ????
AT THE ,,, HERD SUPPORT MENTALITY VALIDATION LEVEL ( LOW B ) ,,,,, HOW CONVENIENT ! ! ! ! !

WHAT HAPPENED NEXT ?????????????????

WHAT WILL HAPPEN NEXT ?????????????

--------------------------------------------------------------------------------------------------------------------------------

WHY IS THIS BEHAVIOR CREATED ??????

THE ANSWER IS ,,, which is based TOTALLY on MY PERSONAL OPINION and THEORIES ,,,, is the following ,,,,
STOP TRAILING PURPOSES ! ! ! ! ! ! ! ,, PLUS
LOADING ,, UNLOADING ,, ,,, BUT ,, i will be going into a full detailed explanation in a seperate post at a later stage ,,,,

THIS IS EXACTLY HOW ,,,, PSYCHOLOGY IS APPLIED TO HAVE THE ,, UN INFORMED ,,, BUT more importantly ,,, THE ILL INFORMED TRADERS ,, ( to do what i call ) """"" EATING OUT OF THEIR HANDS """"

I HOPE THAT ,,,,
NOW YOU CAN ALL UNDERSTAND WHY I PUT SO MUCH EMPHASIS ON TRADING PSYCHOLOGY ,,,

THE PSYCHOLOGY WE ALL NEED TO """ MASTER """ TO VIEW PRICE ACTION WITH ! ! ! ! !
WHICH IS ,,,,
MASTERING """"" THEIR PSYCHOLOGY """" ,,, AND NOT OUR OWN ! ! ! ! !

I WILL SAY THIS ,,,,
IT IS EXACTLY the way LIVE ANALYSIS was done over the past 3 TRADING DAYS ,,, on BOTH , the GJ and the GU ,,,, and the history is recorded on my previous posts ,,,,, posts 177 ,, 217 ,,,,, just to mention some ,,,,

YES ,,
Some WILL come here and say this and that ,,,, nothing new ,,,, and what ever else they will DISH OUT ,,,,
BUT ,,,,
I SAY ,,
This is HOW I PERSONALLY VIEW THE MARKET ,,,, AND ,,
IF ,, you do NOT AGREE ,,,, I respect YOUR opinion ( BUT ,, PLEASE keep it to YOURSELF ) .

Attached are 2 charts ,,,,

The 15 mnt charts ,,, with the full breakdown analysis ,,,, AND
the chart for FIBS purposes ,,,,


PLEASE
GO through this detailed example ,,,, as it will answer a lot of questions for a lot of you wonderful people ,,,,
DO NOT rush through it ,, as i know it holds information that YOU will be thankful for at a later stage when you have developed further ,,

I STRONGLY encourage each and everyone of you , to go through your charts , what ever pair you are trading ,, and look for this kind of price structure behavior as I KNOW IT IS THERE ,, ! ! ! !

Hope some will find VALUE in this detailed work i have done this Saturday afternoon for the benefit of all ,,,
Cheers,
George

may we know ur TMA settings Tq

George
Thanks for all your imput and especially post 269. I really enjoyed "Which is what I call ,,, DRIVE THROUGH DOWN TOWN PIP SHOPPING TRIP FOR UP TOWN BUSINESS " Appreciate your willingness to help us.

Thanks George for Sharin + ur Time = i Also share my profits$ but in another way . Cheers , humph.

Hi George,
Thank you for sharing your experience, your knowledge, your patience, your humor and your good will to everyone.
I just discovered this thread yesterday and stayed up late to read and catch up with the rest of "the Family in the House."
Eagerly waiting and watching, ready to put your "psychology" to work and begin trading with a new perspective.
All the best to you,
John

Oh yes, seen it all before, it's general knowledge for any experienced traders whether profitable or not, I've seen it presented in a much more glorified manner.

BUT, what we have here is someone trying to show how to actually put it into practice, I'm not saying it's exclusive, but on the whole quite rare, and so far from what I've seen, seems he's making a damn good fist of it.

Hi George, first of all, I commend your maturity in responding to the cynicism expressed by some on this thread. One wouldn't blame the cynics, though, based on previous experiences of gurus on this forum. Personally, I sense something enlightening in the pipeline is about to be revealed. I just wish it was presented in a different manner. But, of course, everyone has a different style of teaching, and above all, you're doing this for FREE. I'll just sit down and enjoy the ride as it progresses.

Thank you man.
---
Isidore

WOW !!!. What an eye opener. Thank you George. You just gave me the last pieces of the puzzle I was looking for.I can"t thank you enough. I can only wait and see what else you have got to share with us. Thank you very much for all the effort you are putting into this thread, you will surely be Blessed.

Kind regards
Gerald

So markets are like a venus fly trap

Excellent and thank you for sharing

Steve

George, I am confused. Your TmaTrue indicator appears to be simply a LWMA (Linear Weighted Moving Average) with ATR bands applied to the LWMA. Why confuse everybody by calling it some form of a Triangular Moving Average?? Drop a LWMA on the chart with the same period and see for yourself.

It seems like lots of experts are coming out of their holes and sharing their 2 cents.............but utter failure of understanding the premises of OP's thread.