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Price action at the core / tma intra day

  • #401
  • Edited 6:54am Feb 5, 2019 6:43am | Edited 6:54am
Quoting limprobable
{quote} When you drop a line, whatever you call it, a line a the bottom or top, sometimes this line will be reached or not or sometimes this line will be cross or not, like any indicator somtimes works or not with more or less precision. A line is an indicator.
Hello George,

Like i said, when i look on the 1st graph, i see a "herd validation resistance mentality" (black zone) and if i had understand well, you will sometimes buy under that line. like on the second graph where you sell after price cross the herd validation resistance mentality.

Attached Image (click to enlarge)
Click to Enlarge Name: GJ 15 MNT.jpg Size: 72 KB


Attached Image (click to enlarge)
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So why you decide to enter or better not enter that buy trade on 1st graph?

Thanks and green pips
Bottomless wonders spring from simple rules, which are repeated without end
  • #402
  • Feb 5, 2019 6:45am Feb 5, 2019 6:45am
Hello everyone,

I've been lurking this thread for some time and have now been compelled to put in my two cents. Im new to the forums, but not to forex so please try to not discount what I say. I would like to speak on a few observations that I have made:

-The Karate Kid post-

-If you remember the movie, one of the most famous scenes is the Wax On, Wax Off part of the movie. I take this to mean a couple of things. Here George is referring to the post with Bruce Lee about the man whose practiced a thousand kicks is the one he fears. In the movie Daniel practiced the same move thousands of times until when he needed it, it became second nature.

-Also if you think about the the actual movement of "Wax On, Wax Off" Im talking about the actual physical movement of the two circular motions. IF you did that a thousand times it would form what , a PATTERN. George has eluded to the FRACTAL nature of price. As my understanding of a fractal is a price behavior that is repeated throughout and often signals a price reversal.

Boundless

- George is asking us to be boundless. To me being boundless is to not hold on to things that are of a defining nature when it comes to your trading. S/R, Supply/Demand, trendlines, etc, etc. When you hold on to ideas you are not open to accepting new ones. Question. Are you willing to let go of everything that that you think you know up until now? Some of us that have years of experience will not be able to disregard what is comfortable.

Observation

Those looking for the answer right now are sadly mistaken, George has gone to great lengths to cause us to THINK for ourselves and is trying to exercise our minds to accept what he will be showing us.

I hope these thoughts find you well.

Cheers,
Clifton
  • #403
  • Feb 5, 2019 6:49am Feb 5, 2019 6:49am
Hello George,

I have a question about the herd mentality validation.
As an intra day trader, what is the duration of these signals that you are looking for? multiple days ? what if you find a pattern that's been going for weeks.. is it considered the same but they are using it against swing trader ? If so, does that make the short term signals the enemy of scalpers ? do we have a smaller validations inside the larger ones ?
  • #404
  • Feb 5, 2019 6:59am Feb 5, 2019 6:59am
Quoting limprobable
{quote} Hello George, Like i said, when i look on the 1st graph, i see a "herd validation resistance mentality" (black zone) and if i had understand well, you will sometimes buy under that line. like on the second graph where you sell after price cross the herd validation resistance mentality. {image} {image} So why you decide to enter or better not enter that buy trade on 1st graph? Thanks and green pips
Let me try answering that for you,

It had nothing to do with herd mentality validation.
The pair has an average movement of 130 pips daily, while it had moved only 23 pips in the green box, we are expecting an expansion of price.. but where? up or down ? Price action could give the answer..

The price moves down, a pin bar appears which means it could reverse, the next bar(with X above it) continue the movement down and it's a long one, so tthe signal is fake the price will probably keep moving down to achieve the daily average.

this answer is taken out of context, not taking in consideration the other aspects that George is talking about, like George said we have 3 anchors, price action is one of them.
  • #405
  • Edited 7:25am Feb 5, 2019 7:09am | Edited 7:25am
Quoting Bahaalden
{quote} Let me try answering that for you, The pair has an average movement of 130 pips daily, while it had moved only 23 pips in the green box, we are expecting an expansion of price.. but where? up or down ? Price action could give the answer.. The price moves down, a pin bar appears which means it could reverse, the next bar(with X above it) continue the movement down and it's a long one, so tthe signal is fake the price will probably keep moving down to achieve the daily average. this answer is taken out of context, not taking in consideration...
Hello Bahaalden,

Thanks for your answer. Sorry but its too subjective for me. There is always a good reasons after the facts (exactly the same that you could have take the opposite way), cause price action changing every bar.

There is a lot of this structure in all TF called herd resistance mentality, that are only : "resistance". Sometimes price go through then go back, sometimes price go through and dont go back.

So the only way i see trading with herd resistance is too grab some pips (2 or 3) before price choose a direction (which can be 50/50 up or down). This is a well known trading strategy for scalpers., cause price is recurrent.

The sell entry on graph is too good to be taken only with this graph.
there is a lot of missing information, or i understand nothing.

As you can see you have exactly the same structure under, where a sell had been a losing trade.

Attached Image (click to enlarge)
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Bottomless wonders spring from simple rules, which are repeated without end
  • #406
  • Feb 5, 2019 7:20am Feb 5, 2019 7:20am
Quoting limprobable
{quote} Hello Bahaalden, Thanks for your answer. Sorry but its too subjective for me. There is always a good reasons after the facts (exactly the same that you could have take the opposite way), cause price action changing every bar. So the only way i see trading with herd resistance is too grab some pips (2 or 3) before price choose a direction (which can be 50/50 up or down). This is a well known trading strategy for scalpers., cause price is recurrent. {image}
Hello,
Well, i should tell you again, George's been talking about 3 anchors, so far you are discussing the herd mentality validation which represents the psychology part, and he uses it in a different way than what you're thinking, he uses it to set the targets. i think you should wait for George to go through with the other aspects, only then you can judge the system.

in the attached chart, i see that you already set a strike zone, how could you set it while it hasn't been explained by George yet, from what i understand, he sets the pressure and strike zone using TMA's, and we didn't get there yet.

Bahaalden
  • #407
  • Feb 5, 2019 7:31am Feb 5, 2019 7:31am
Quoting Bahaalden
{quote} Hello, Well, i should tell you again, only then you can judge the system.
Thank you for answer. I dont judge, i am only trying to understand maybe with too much passion, not enough patience and too much frustration accumulated with price action

green pips
Bottomless wonders spring from simple rules, which are repeated without end
  • #408
  • Feb 5, 2019 8:03am Feb 5, 2019 8:03am
hello again sir George,

this was a trade i caught yesterday on demo. i still havnt fully grasp ur teachings but please comment and criticize me to help the idiot in me and others who would like ur teachings. i felt that i have several short comings in this trade

1. is this how i shud break up the H1 chart for analysis?
2. im pretty sure that my entry is terrible and was late?
3. when analyzing h1 i still havnt graps whether it truly goes down or would make a new HH 1st

if there are things that u have not touched yet pls ignore it as i will patiently wait for it. pls do not let me interrupt ur syllabus.

ps: happy CNY to all may our year be prosperous with pips

kev
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  • #409
  • Edited 8:47am Feb 5, 2019 8:36am | Edited 8:47am
Quoting FriendA
hello again sir George, this was a trade i caught yesterday on demo. i still havnt fully grasp ur teachings but please comment and criticize me to help the idiot in me and others who would like ur teachings. i felt that i have several short comings in this trade 1. is this how i shud break up the H1 chart for analysis? 2. im pretty sure that my entry is terrible and was late? 3. when analyzing h1 i still havnt graps whether it truly goes down or would make a new HH 1st if there are things that u have not touched yet pls ignore it as i will patiently...
The support you have in your chart, is one of the most reliable setups for a short you can get IMHO.

Edit: further toughts

I think a lot of traders even after they get the hang of the pattern still trade on the break, while you should be trading from high's above, from what I figure and please correct me if I'm wrong, that is what George aims at as a target using the shorter timeframes to identify the shorts from above, but also giving the opportunity for the odd massive win, now this is where I lose a lot of pips TBH, by staying in too often for the break, you get more home runs in baseball rather than forex.
  • #410
  • Feb 5, 2019 4:03pm Feb 5, 2019 4:03pm
I have been on FF for a very long time. 99% of "traders" don't have enough patience. As witnessed here, certain individuals are jumping on George to shovel the information to them, NOW! Well, the market doesn't give you profits when you want them. You have to wait for them... patiently. George is trying to condition you to your new skills as a market master. It may take years... but it will be worth it. Wouldn't a couple of years, three years, or even five years be worth a lifetime of consistent profits???

And then the naysayers... I've seen it all. Just like the retail herds the forex market slaughters every day, the naysayers creep in to the threads to shoot the messenger... but they are really just a derivative of the 99% of impatient hacks. They don't have a trading leg to stand on, but love to bash others ideas.

The Forex market will CRUSH all negativity. It will crush ALL the non-creative thinkers into submission.

Only the "out-of-boxers" will be left... profiting. All others, will be... here. Begging for more ideas, different ideas, newer indicators, and Artificial Intelligent Experts that will steal every last dime from the forex markets.

Lets let George be George.

All of you who are patiently waiting for George's explanations... revile in the idea that YOU have a MENTOR.
He is willing to let you inside his mind. Listen to him. Take advantage of him.
You are very, very lucky. MENTOR's are very difficult to come by. I know.
It took me 13-years to find one... to even come across one willing to share his knowledge.

And, above all... THANK HIM!

Carl
  • #411
  • Feb 5, 2019 5:25pm Feb 5, 2019 5:25pm
Quoting Bahaalden
Hello Everyone, Here's the updated file with all George's posts to this date. Bahaalden {image}

Goooooooood morning to you all

I Would like to once again ,,,,
THANK Bahaalden for his UNLIMITED Generosity with his continuous SELF INITIATED EFFORT to add help and quality to what we are doing in this project peeps ,,,,

Your TIRELESS effort NEVER goes through UNNOTICED and ,,, MOST IMPORTANTLY ,,,,, because
IT IS VERY HIGHLY APPRECIATED

Cheers,
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #412
  • Feb 5, 2019 5:30pm Feb 5, 2019 5:30pm
Quoting George AUS
{quote} NOW WE ARE THINKING THE SAME WAY HAHAHAHAHAHA Hello Bushy ,,,, YOU GOT IT IN ONE SIR ! ! ! ! ! GREAT MENtALITY APPLICATION ,,, As for the TRAP YOU fall into ,,, Dont worry sir ,,,,, That WILL DISAPPEAR ,,,, ONCE one builds a DEEP and COMPREHENSIVE UNDERSTANDING OF PRICE ACtION ,,,, Cheers,, George
Mmmm......

I have a pretty deep understanding of price action, the reason I fall into the trap though is due to my woolly brain days, I had carbon monoxide posioning a few years back and have had brain and body problems ever since, some days I have good clarity of thought and perception, those days I can easy trade a naked chart on pure price action, I have the understanding the patience, decisiveness etc.. but some days I'm pretty poor, those days are Ok, since I know to be extra carfeul or not trade at all, it's the in between days that get me, when I think I'm OK, but I'm not, or the days when I know I'm not 100% but think I'm good enough to work.

Also I am not of a very disciplined personality, it doesn't help with trading, and often it's a case that if you do as I say and not as I do, you would be very profitable, while I would not be

I know what the answer is, it's a proper working framework, which I have and develop and improve with things that I pick up and learn as I go on as per your thread, it works! However I have had one thing missing that I know I need and have been searching and developing, and that is - something that will clearly keep me out of the market, and as it happens I think I've cracked it this last couple of weeks. It's something that has come from Fractal Freak's thread ironically, as much as I enjoy mocking him, and in my view it's well deserved, what I learnt and developed and gained understanding was NOT to trade away from accumulation areas especially not based on losing positions and aiming for orders as he does, as per my explanation in this post https://www.forexfactory.com/showthr...3#post11964233 . The funniest thing is, is that the most useful thing is something that is not shown on his charts and that is when positions are taken out of the market be they winning positions or losing, and that is extremely useful to me, but I shan't go down that route on this thread since as I mentioned before it would just be a distraction, and there are many ways traders can find that little extra thing they really like to give them their own personal edge that will help with their trading other than that. Anyway, as I was drawing this conclusion from months of programming, research and discussion that the better strategy was to trade at those areas rather than away from them, you start your thread, so immediately realised what you were on about, and also I've always aimed in the long run to take shorter term trades rather than having trades over anything up to 60 or so hours at times.

So this week so far I've had 2 trades totalling 30 pips or so, but much higher profit than my usual longer term trades by combining what I had with some of yours. But to be honest, for me I'm not coming across anything new on your thread and may well not, BUT what is a BIG HELP in my trading is seeing the ideas I have in my head presented here which helps my clarify them and also gives me more confidence in that tools I think work, do work and are applied successfully by others.

So thanks George.
And in all honesty I have to thank Fractal Freak!!! Not for what he has taught, but from what I have learnt myself looking at what he was doing, sometimes when you see somebody doing something wrong it helps you think of a way to do it right
  • #413
  • Feb 5, 2019 5:37pm Feb 5, 2019 5:37pm
Quoting crodzilla
I have been on FF for a very long time. 99% of "traders" don't have enough patience. As witnessed here, certain individuals are jumping on George to shovel the information to them, NOW! Well, the market doesn't give you profits when you want them. You have to wait for them... patiently. George is trying to condition you to your new skills as a market master. It may take years... but it will be worth it. Wouldn't a couple of years, three years, or even five years be worth a lifetime of consistent profits??? And then the naysayers... I've seen it...
I have nothing against George and may he be the one to teach every newbie the market secret.....
But you Carl can you guarantee your statement? Can you guarantee that every time someone spends time away from his family reading those long explanations that they will learn?

Can you guarantee this statement of yours??
"George is trying to condition you to your new skills as a market master. It may take years... but it will be worth it. Wouldn't a couple of years, three years, or even five years be worth a lifetime of consistent profits??? "

How can you be so sure that following THIS thread will bring this outcome? WOW!

I understand George very good cause one of my strategies is similar.....but with this pace I would not come out and guarantee anything after all I have seen here on FF.....

Again I have nothing against George or Carl but I hate to see newbies spend there valuable time away from there loved ones and in the end.....miss all the real valuable time away from where it counts,family
I DID.... and now I can trade I believe better than most....was it worth it....10 years it took me.... maybe, but did miss the time away from my family witch I will never have back.....

So it is a BIG responsibility guaranteeing someone something.....cause 95% will never learn

Have fun
PTB
Jack
Those who don't believe in magic will never find it
  • #414
  • Feb 5, 2019 5:38pm Feb 5, 2019 5:38pm
Quoting ozziedave
I give up..
. That is all I was trying to say! Sorry if my posts confused anyone.

Our wonderful family member Dave ,,,

Firstly ,,,,, I would like to extend my thanks and appreciation for YOUR continuous HELP you are extending to MYSELF PERSONALLY ,,, for taking the initiative to help me keep things on STEP BY STEP ,,,,

Please ,,,,, NEVER GIVE UP ! ! ! ! !
Please ,,,,, NEVER BE SORRY ! ! ! !
For any action you take ,,, as long as DAVE BELIEVES IN ,,,,,, AND most importantly ,,,
DAVE is doing it with GOOD INTENTION ,,,,,

NEVER ALLOW the LIMITED thinking MINDS to AFFECT YOU with whatever it is YOU are doing in YOU JOURNEY IN LIFE ! ! ! !

Your continuous EFFORTS are ALWAYS APPRECIATED ,,,

Cheers,
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #415
  • Feb 5, 2019 6:02pm Feb 5, 2019 6:02pm
Quoting limprobable
{quote} Hello George, Like i said, when i look on the 1st graph, i see a "herd validation resistance mentality" (black zone) and if i had understand well, you will sometimes buy under that line. like on the second graph where you sell after price cross the herd validation resistance mentality. {image} {image} So why you decide to enter or better not enter that buy trade on 1st graph? Thanks and green pips

Firstly i would LOVE to be able to talk to each person by their FIRST NAME ,,,,



I really do NOT understand in full what u r asking ,,, BUT,,,
The market will NOT cross a line sometimes for a reason ,,,,,
Other times will cross the line also for a reason ,,,,,

The places i buy and sell at ,, are easy when u see the picture ,,,, BUT
the REASON why i do that in these places is a LONG ANSWER ,,, because it has many little reasons in tha BIG reason ,,,,,

I WILL BE explaining THESE REASONS in detail in the future posts when WE GET TO THAT PART ,,,,,
STEP BY STEP
STEP BY STEP ,,

I hope my answer was enough for now to clear your thinking on it ,,,

Cheers,
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #416
  • Feb 5, 2019 6:02pm Feb 5, 2019 6:02pm
Another Herd resistance mentality validation in making on GBPJPY......

Watch out for expansion around European/London opens.........


Amos
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  • #417
  • Feb 5, 2019 6:07pm Feb 5, 2019 6:07pm
GBPJPY twin brother GBPUSD doing the same.......


Thank you George .........


Amos
Attached Image (click to enlarge)
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  • #418
  • Feb 5, 2019 6:11pm Feb 5, 2019 6:11pm
Quoting Mitchwx77
Hello everyone, I've been lurking this thread for some time and have now been compelled to put in my two cents. Im new to the forums, but not to forex so please try to not discount what I say. I would like to speak on a few observations that I have made: -The Karate Kid post- -If you remember the movie, one of the most famous scenes is the Wax On, Wax Off part of the movie. I take this to mean a couple of things. Here George is referring to the post with Bruce Lee about the man whose practiced a thousand kicks is the one he fears. In the movie Daniel...

Clifton ,,,,

Please ,,,, please ,,,,

ALLOW ME TO EXPRESS MY RESPONSE IN ONE WORD ,,,,,,


"""""""" SPEECHLESS """""


I would like to extend my thanks and appreciation to YOURSELF for giving US the privilege of having YOUR PRESENCE ! ! ! !

Cheers,
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #419
  • Feb 5, 2019 6:21pm Feb 5, 2019 6:21pm
Quoting Bahaalden
Hello George, I have a question about the herd mentality validation. As an intra day trader, what is the duration of these signals that you are looking for? multiple days ? what if you find a pattern that's been going for weeks.. is it considered the same but they are using it against swing trader ? If so, does that make the short term signals the enemy of scalpers ? do we have a smaller validations inside the larger ones ?

Thank u for bringing this discussion point to that table Bahaalden ,,,,,

The answer to the top blue box is ,,,, YES ! ! !

The answer to the PINK BOX is ,,,,, YES ! ! ! !

The answer to the BOTTOM BLUE BOX is ,,,, ABSOLUTELY NOT

The COMPLETE answer is this ,,,

The market is a FRACTAL ,,,, NOTHING IS DISCOUNTED

We ALWAYS VIEW the market with A ?????????????????????????? BOUNDLESS VIEW ! ! ! ! !

For now ,, i hope this clarifies your questions ,,,, UNTIL WE GO THROUGH ALL THESE THINGS IN DETAIL ,,,,

Cheers,
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #420
  • Feb 5, 2019 6:28pm Feb 5, 2019 6:28pm
Quoting Bahaalden
{quote} Hello, Well, i should tell you again, George's been talking about 3 anchors, so far you are discussing the herd mentality validation which represents the psychology part, and he uses it in a different way than what you're thinking, he uses it to set the targets. i think you should wait for George to go through with the other aspects, only then you can judge the system. in the attached chart, i see that you already set a strike zone, how could you set it while it hasn't been explained...


Cheers ,
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
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