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Price action at the core / tma intra day

  • #841
  • Edited 1:40pm Feb 16, 2019 1:28pm | Edited 1:40pm
Quoting liquidice
{quote} Hi George, I hope you don't mind me asking you here. I'm just curious why does your TMATrue does not repaint, while FastTMALine and any other TMA indi repaint? Regards, Edward.
My understanding (correct me if i'm wrong) is that TMA true was developed for strategy testing. It shows where bands were at any given point in time. FastTMA averages out based on the first number over the second number, (ignoring the multiplier for now) so as an average it will change as new data is added until the first number of bars is reached. If you have both indicators running on a live chart with the same settings you will see deviation as data is added.

this goes into it in some depth https://www.forexfactory.com/showthread.php?t=299019
  • #842
  • Edited 3:30pm Feb 16, 2019 2:43pm | Edited 3:30pm
Quoting Forexmeoff
{quote} Loved the way I would have traded it ? I would have been unhappy if I'd bought where you did and suffered all that draw down. That is why I asked you to share to the family members what happened to this trade. Thought the whole point was to share your " controversial style ". Must have misunderstood. Carry on...

Please show us Forexoff where George called the trade, cause George states he never called one
In my opinion he should call more this way he validates his teachings but that is Georges decision, his thread

Thank you
PTB
Jack



i was talking about This "dinner is served" trade look at the second picture , the buy trade at the lows....page 38 You will see it. I merely asked him what happened to this trade ...there were a couple of out comes I guess which I mentioned...he got all defensive about it. 4 daily lows etc. check it out for yourself anyway.

It will be....Ah well...umm.... I didn't put a trade there etc....truth is i if you bought there you would have been watching that trade go into debt for over 20 more hours...holding onto your left knad and praying it would come back up...but we all know the forex market ...could have easily continued south for another 50 ...100 pips.



Quoting George AUS
{quote} ????????????????????????????????????????????????????????? Cheers, George {image} {image}
Here we go again peeps ,,,,



The good old GU ,,,,, remember the call that was made ????
https://www.forexfactory.com/showthread.php?p=11995435#post11995435

EXCUSE ME LADIES AND GENTLEMEN ,,,
OUR SINCERE APOLOGIES FOR THE DELAY ,,,,,

DINNER IS SERVED ! ! ! !

Cheers,
George
Attached Images (click to enlarge)
https://www.forexfactory.com/attachm...1&d=1550135709 https://www.forexfactory.com/attachm...1&d=1550136076
  • #843
  • Feb 16, 2019 3:23pm Feb 16, 2019 3:23pm
Quoting Forexmeoff
Quoting Forexmeoff {quote} Loved the way I would have traded it ? I would have been unhappy if I'd bought where you did and suffered all that draw down. That is why I asked you to share to the family members what happened to this trade. Thought the whole point was to share your " controversial style ". Must have misunderstood. Carry on... Please show us Forexoff where George called the trade, cause George states he never called one In my opinion he should call more...

That was not the place to take the trade. It was something like 30 pips lower when using the TMA which is part of the method that George employs.
I took that trade, negligible draw down.
In his post responding to your question he has asked whether he has explained the mechanics of the entry that he uses. So far no, he has not.
Below that level is a mass of stops, including trailing stops. Taking a trade at the break of the level, long or short is like ringing the dinner bell.
It went into profit, into loss, back into profit. That oscillation is what causes traders to enter and close trades, long and short, ultimately feeding desert to the lions.
Price eventually moved down, took out the remaining stops, entered a TMA, confirmation with another TMA on a separate time frame, which is where I entered, then headed up to where he predicted price would go to.
I think George placed that trade there knowing that price still had a way to go before hitting his real entry point, in doing so opening up the thread to discuss his next point. And that point being don't take a trade just because a line in the sand has been broken, not without further confirmation and understanding.

M.
  • #844
  • Feb 16, 2019 3:30pm Feb 16, 2019 3:30pm
Quoting Aussi
{quote} well said george
yes for sure GEORGE well say again
  • #845
  • Feb 16, 2019 3:36pm Feb 16, 2019 3:36pm
Quoting moodybot
{quote} That was not the place to take the trade. It was something like 30 pips lower when using the TMA which is part of the method that George employs. I took that trade, negligible draw down. In his post responding to your question he has asked whether he has explained the mechanics of the entry that he uses. So far no, he has not. Below that level is a mass of stops, including trailing stops. Taking a trade at the break of the level, long or short is like ringing the dinner bell. It went into profit, into loss, back into profit. That oscillation...

AH...of course...why didn't I think of that...damn it.....never mind...I'm off to the blackboard in the tree house to start all over on solving this market.
  • #846
  • Feb 16, 2019 3:56pm Feb 16, 2019 3:56pm
Quoting Forexmeoff
{quote} AH...of course...why didn't I think of that...damn it.....never mind...I'm off to the blackboard in the tree house to start all over on solving this market.
George is building the picture. Stay with him.
  • #847
  • Feb 16, 2019 4:16pm Feb 16, 2019 4:16pm
Quoting Forexmeoff
{quote} AH...of course...why didn't I think of that...damn it.....never mind...I'm off to the blackboard in the tree house to start all over on solving this market.
George has developed his trading style over many years just as you may have developed your trading style. You have made it clear that you don't agree with what George is presenting here and that is fine.

What I don't get is why you continue with your "trolling" instead of just moving on if you don't like what you are reading!
  • #848
  • Feb 16, 2019 5:20pm Feb 16, 2019 5:20pm
Quoting Rafacakes
{quote} My apologies George I meant the true tma file you posted on your 4th post in this thread. I've read over this thread twice now my friend and I'm in no way wanting to be spoon fed anything. You have inspired me to become a better trader with this thread and you mountains if knowledge. I just wanted help loading the tma onto my screen as I'm a complete newbie at this but desperate to learn and become successful. Like I said I in no way want spoon feeding, just help as to why I can't get the true tma work. Kind regards Peter

Thank u for ur reply Peter ,,
Lovely to have u apart of the Family ....

I tried to send u a private message to try to help ,,,, BUT u have it locked ,,,
Sorry can NOT help u here ,,, Because i am a Camel rider and do NOT mix well with Technology hahahahaha ,,
I am sure one of the TECH wizards here ,,, some of the YOUNG ones are great with that and can help hahahaha ,,,

I am sure it will be fixed up ,,,

Cheers,
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #849
  • Feb 16, 2019 5:25pm Feb 16, 2019 5:25pm
Quoting Forexmeoff
{quote} AH...of course...why didn't I think of that...damn it.....never mind...I'm off to the blackboard in the tree house to start all over on solving this market.
Ok, I have been lurking for a while around this thread as I find immense value in it but I had decided to refrain from any comment until George had finished unfolding his theory, but after being forced to waste my time by reading your monotonous senseless posts, dear Forexmeoff, (who despite George's repeated and polite invitations to say your real name still choose to keep hiding behind a finger), I decided to step in as you remind me of a blind dog who wouldn't let go off an old bone. Clearly maths is not your forte: even assuming that was the only entry opened by George at that point (but let's not forget he has mentioned baskets a few times and he may have also entered more positions at a more advantageous price after that one), just that single trade, even with a drawdown of about 13 pips, would have soon gone in profit by more than 20 pips before retracing again. Also, clearly there were other chances to enter again later and still price would have gone in favour for plenty before ultimately heading down to newer and more extended lows. So, bottom line is either you can't count or you just love to troll around, but, more importantly, George's hasn't event touched the entries and management subject but you feel compelled to keep on arguing about that single entry shown. Why don't you follow ozziedave's advice and go trolling somewhere else and let people who are serious and humble about learning George's style go on their way without having to read your useless posts? Better yet, since you are there already, stay on your tree house and get some bananas. They're good for brain health...
That said, I will here take my chance to thank George for this amazing contribution, and also encourage him to carry on his own path like he's been doing so far, without getting intimidated by unwanted, unpleasant and useless "turbulence".

Mario
  • #850
  • Feb 16, 2019 5:32pm Feb 16, 2019 5:32pm
Hi George

I really can't disagreed too much with anything you have said to date.
I also agree resistance, supply and demand and trends don't exist. In my world its just price moving from Liquidity pool to Liquidity pool caused by Herd Behaviour and malpiulation by big players.
As you don't like the term Liquidity pools, I will not mention this term again.
It has been said it takes 50 million dollars to move EU one pip, therefore I only differ in your opinion that one player is controlling the market. I just believe one player starts to move their money to get a result and the other players follow suit to the BENEFIT of ALL.
I will now shut up and let you guide this thread.

I will be trading along next week but for me, its little change. I trade the M1 every London session already so I will just add this extreme trading method to my bag of tricks.

But you need to tell me why the ONE player allows the Herd to retest zones before making their move. Are they allowing a pool of orders to build up first to make themselves extra earnings or do you have another opinion while this occurs.

Regards Rick
Trading thin liquidity at the boundary of the charts
  • #851
  • Feb 16, 2019 5:47pm Feb 16, 2019 5:47pm
Quoting George AUS
{quote} Thank u for ur reply Peter ,, Lovely to have u apart of the Family .... I tried to send u a private message to try to help ,,,, BUT u have it locked ,,, Sorry can NOT help u here ,,, Because i am a Camel rider and do NOT mix well with Technology hahahahaha ,, I am sure one of the TECH wizards here ,,, some of the YOUNG ones are great with that and can help hahahaha ,,, I am sure it will be fixed up ,,, Cheers, George
Thanks for the reply George. I'm terrible with tech as well but I think I've done it. Bed time in uk now so I'll be playing around with it tomorrow. I'm a new member George so I may be restricted or something, would be great to talk in private message as I've had a real bad start to my trading journey. I've read book after book but feel I'm 1 step forward 2 steps back then you say forget the lot and hit us with this masterpiece of the thread. I'm so eager to learn from you George and determined to be successful
  • #852
  • Feb 16, 2019 5:55pm Feb 16, 2019 5:55pm
Quoting PayTheBid
{quote} Please show us Forexoff where George called the trade, cause George states he never called one In my opinion he should call more this way he validates his teachings but that is Georges decision, his thread Thank you PTB Jack

Hello Jack ,,,
Thank u for ur opinion ,,,

I know that was NOT directed to me ,, as i do NOT reply to replies to other people ,,,, BUT
IF I MAY ,,, I would like to reply to your reply ,,,,, for the sake of everyone here ,,,

Your QUOTE :::: In my opinion he should call more this way he validates his teachings ! ! !

MY ANSWER ,,, and ,,, EXPLANATIONS ,,,,

This Project is NOT a TRADE CALL SERVICE ,,,,
I never talk about my trades ( details ) ,,,,,
LIVE CALLS are ONLY made for DEMONSTRATION PURPOSES ,,,, for the sake of ADVANCED traders ,,, as i have NOT gone into the MECHANICS of TARGETS YET ,,,,



This PROJECT is all about GEORGE'S TARGET THEORIES Trading system ,,, incorporating the TMA into it ,,, BUT ,,,,
DONE IN AN EDUCATIONAL MANNER ,,, TO HELP THE STRUGGLING AND NEW TRADERS ! ! ! !



I always said ,,, I will NOT try to teach anyone how to trade ,,, so each trader's trades ARE THEIR PERSONAL THING in my book ! ! ! !

Thank you for bringing this point to the table ,,,,,,
Lovely to have you onboard ,,,

Cheers,
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #853
  • Feb 16, 2019 6:12pm Feb 16, 2019 6:12pm
Quoting liquidice
{quote} Hi George, I hope you don't mind me asking you here. I'm just curious why does your TMATrue does not repaint, while FastTMALine and any other TMA indi repaint? Regards, Edward.

Hello Edward ,,,

That is NOT a problem what so ever sir ,,,,,

The TMA is ONLY a TOOL ! ! ! !
the original one may have been a repainting TMA ,,, BUT ,,,
Obviously someone has gone one step further and created a NON REPAINTING TMA ,,,, and we Thank him for that due to the TIME SAVING it has provided me when i do my testing on the Strategy tester ,,,,,

I PERSONALLY do NOT get bogged DOWN in NONSENSE and IRRELEVANT DETAILS ,,, BECAUSE ,,,
IT IS THE OBJECTIVES ,,,, THAT GEORGE IS ALWAYS LOOKING FOR ! ! ! !

Hope this CLARIFIES this NONSENSE that has been going on about the TMA and LWMA ,,,,
LAY OFF THE SUBJECT AND LETS CONCENTRATE ON THE RESULTS WE ARE TRYING TO ACHIEVE ! ! ! ! ! ! !

People who want to ARGUE about this RUBBISH ,,,, ARE CLOSE MINDED PEOPLE WITH A VERY HUNGRY EGOTISTIC NATURE ! ! ! !
And i do NOT mean you Edward ,,,,

Cheers,
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #854
  • Feb 16, 2019 6:15pm Feb 16, 2019 6:15pm
Quoting T4Trade
I am a price action trader plus breakout.TMA true reveals the true reversals,so it will plays the important role in my trading.I work with ATRs of higher time frame and ADR as well.Thanks for sharing this indicator George. Shen

Thank you Shen ,,,,

THAT IS EXACTLY WHY I USE THE TMA ! ! ! !

Cheers,
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #855
  • Feb 16, 2019 6:46pm Feb 16, 2019 6:46pm
Quoting moodybot
{quote} That was not the place to take the trade. It was something like 30 pips lower when using the TMA which is part of the method that George employs. I took that trade, negligible draw down. In his post responding to your question he has asked whether he has explained the mechanics of the entry that he uses. So far no, he has not. Below that level is a mass of stops, including trailing stops. Taking a trade at the break of the level, long or short is like ringing the dinner bell. It went into profit, into loss, back into profit. That oscillation...
======================================================================================

GUYS GUYS GUYS ( ANDY ) ,,,, PLEASE STOP FALLING FOR ,,, HIS ,,, ILL CLOSED MINDED THINKING ! ! ! !


WHAT ,,,, TRADE ,,,,,ARE YOU ALL ,,,,,, STILL ,,,,,, TALKING ABOUT ????????????????????????????????????????????????????????????????

IT IS ALLLLLLLLLLLLLL IN YOUR IMAGINATIONS IN YOU HEADS ! ! ! ! ! ! ! !

THE CALL ,,, I SAID CAAAAAAAAAAAALLLL ,,, NOT TRADE ENTRY ! ! ! !

CAAAALLLLLS ,, GEORGE MAKES ,,,, INDICATES THE MINIMUM AREA WHERE PRICE SHOULD GO ,,,

GEORGE NEVER EXPLAINED TRADES ! ! ! !

THEN ,,,, AS YOU EXPLAINED ANDY ,,,,

WE ALWAYS WAIT FOR CERTAIN AMOUNT OF PIPS TO CLEAN OUT STOPS ,,, BEFORE ENTERING TO OUR SET RULES WHICH YOU ALSO HAVE EXPLAINED

This is the END of discussion of this NONSENSE displayed by ONE ! ! ! !

::::::::::::::::THE JOURNEY CONTINUES :::::::::::::::::::


Cheers,
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #856
  • Feb 16, 2019 6:57pm Feb 16, 2019 6:57pm
Quoting moodybot
{quote} George is building the picture. Stay with him.
=======================================================================================

Howdy Andy ,,,,

BRILLIANT WORDS ! ! ! ! ! ! ! !

YOU HAVE SUMMED IT UP FINALLY AND BEAUTIFULLY ,,,,, SO NOW I CAN SAY

I REST MY CASE ! ! ! ! !

Cheers,
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #857
  • Feb 16, 2019 7:15pm Feb 16, 2019 7:15pm
Quoting Hammertop
{quote} Ok, I have been lurking for a while around this thread as I find immense value in it but I had decided to refrain from any comment until George had finished unfolding his theory, but after being forced to waste my time by reading your monotonous senseless posts, dear Forexmeoff, (who despite George's repeated and polite invitations to say your real name still choose to keep hiding behind a finger), I decided to step in as you remind me of a blind dog who wouldn't let go off an old bone. Clearly maths is not your forte: even assuming that...
==================================================================================

Hello Mario ,,, and thank you for your valued presence ,,,,,

SPEECHLESS ! ! ! ! !

No further comment ! ! ! ! !

Cheers,
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #858
  • Feb 16, 2019 7:25pm Feb 16, 2019 7:25pm
Amazing. Im on page 2 and im excited for this thread.....george keep going mate ive got another 41 pages to go! Hope it gets better!
Johnny
  • #859
  • Edited 8:24pm Feb 16, 2019 8:03pm | Edited 8:24pm
Quoting RickM
Hi George I really can't disagreed too much with anything you have said to date. I also agree resistance, supply and demand and trends don't exist. In my world its just price moving from Liquidity pool to Liquidity pool caused by Herd Behaviour and manipulation by big players. As you don't like the term Liquidity pools, I will not mention this term again. It has been said it takes 50 million dollars to move EU one pip, therefore I only differ in your opinion that one player is controlling the market. I just...
===================================================================================

Hellooooooooooooooo Rick ,,,,

It is very nice to hear your voice again ,,,,,
Thank you for bringing to the table of discussion some great points ,,,,,

SO ,,,,
Lets clear some of MY THEORIES ,,,, and expand on how THEY APPLY IN REALITY ! ! ! !
-----------------------------------------------------------------------------------------------------------------------------

QUOTE :::: NO 1
Liquidity pool to Liquidity pool caused by Herd Behaviour and manipulation by big players. As you don't like the term Liquidity pools ,,,

LIQUIDITY POOLS = STOP LOSS POOL ,,,,
the wording was used in the correct context ! ! ! !
Perfectly put Rick ,,,, so dont say that again sir ,,,,

QUOTE :::: NO 2
But you need to tell me why the ONE player allows the Herd to retest zones before making their move. Are they allowing a pool of orders to build up first to make themselves extra earnings or do you have another opinion while this occurs.

MY ANSWER ,, and ,,, THEORIES ,,,ARE AS FOLLOWS ,,,,

THE MARKET ,,, WILL ONLY MOVE ,,, TO WHAT THE MARKET MAKER WANTS ,,,,, DUE TO THE UNLIMITED FUNDS AVAILABLE AT HIS DISPOSAL ,,,,,,, FULL STOP ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !

The Herd ( retail traders ,,, hedge funds ,, banks ect. ect. ) have NO POWER whatsoever to move the market 1 pip ! ! ! !

SO ,,
The ANSWER to THIS point is HIGHLIGHTED IN BLUE in MY REQUOTE ,,,, NO 2 ,,,, ABOVE
Hope this helps you ,, and all of the Family members ! ! !

Thank u again Rick for your continuous CONSTRUCTIVE contributions ,,,,

Cheers,
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #860
  • Feb 16, 2019 8:49pm Feb 16, 2019 8:49pm
Quoting Forexmeoff
Quoting Forexmeoff {quote} L Here we go again peeps ,,,, The good old GU ,,,,, remember the call that was made ???? https://www.forexfactory.com/showthr...5#post11995435 EXCUSE ME LADIES AND GENTLEMEN ,,, OUR SINCERE APOLOGIES FOR THE DELAY ,,,,, DINNER IS SERVED ! ! ! ! Cheers, George Attached Images (click to enlarge) https://www.forexfactory.com/attachm...1&d=1550135709...
Forexmefoof, that was not a live call. George shared lots of good stuff in this thread and I appreciate his time and effort on this thread. However, he only made one live call and it was on gold and it worked out. For the rest of "calls" he only marked the important levels on a chart for our attention. If that was a live call, anyone could make such live calls. Just mark a support/resistance level on a chart. We know all support/resistance levels will fail. When in future price revisits that level we can claim, see, I made that call a week/month/year ago.
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