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Price action at the core / tma intra day

  • #1,422
  • Feb 28, 2019 6:36am Feb 28, 2019 6:36am
Quoting bluesteele
{quote} Awww but the thread reads a completely different way...and George makes claims that traders you too can do this. Cheers Blue
I believe that the thread evolved over time and changed from its initial scope which was to give some clues to traders
so that they could also see what George sees.
Anyway, you've made your point as did many others including myself so I'm sure we have better things to do and we can move on.

cheers
Bill
Have a nice day
  • #1,423
  • Feb 28, 2019 6:51am Feb 28, 2019 6:51am
Looks like I missed all the fun! To all the naysayers, I am slowly shedding the dross and it is reflected in my formerly stagnant account which is now moving in a positive direction largely thanks to George! (Also Davit and the many other excellent and generous traders who selflessly share their knowledge).

My best month yet.
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  • #1,424
  • Feb 28, 2019 6:55am Feb 28, 2019 6:55am
Quoting George AUS
{quote} That GJ was soooo bloomin obvious ,,,, manipulation at the highest order at play ,,,, we had a ball here today
Folks there is a reason why you see George raving about the GJ all the time.

George knows this pair EXTREMELY WELL plus this pair has a particular behavior which suits this particular strategy better than some other pairs
(this is my opinion) because it is bouncy, the spread is not very high plus it does big ranges so its easier to recover hedged trades .

Other pairs might not be as forgiving.
Have a nice day
  • #1,426
  • Feb 28, 2019 6:59am Feb 28, 2019 6:59am
Hello traders, family members and George!

I would like to thank you George for the enormous effort you have put into this project and for the patience and kindness you show to struggling traders, it has brought me back to the love I have for trading and given me a new outlook on my path going forward.

I have been here from the start of this wonderful thread (The reason I joined FF), reading, taking notes and doing my best to study/see the market differently as I to am a struggling trader. I cant say my following opinions matter that much as I am only 5 years deep in the game and only trading live for 1 year, however I have been down the countless rabbit holes of this business to many a bitter end as I am sure many of you have aswell.

It is hard to find someone truly willing to help you especially without ulterior motives like selling copy paste systems. so I am appreciative of even the smallest amount of honest assistance especially coming from someone who has the amount of experience George has and as for all the new traders that have found this thread early in their career, be grateful you are blessed it will save you alot of time in your pursuit of trading success even if that means saving you from learning so deeply about one of many systems that are designed to trap you, especially for the new traders that have spoken to George directly.

In the beginning I thought this was gonna be easy just like many but soon FX became a long journey fraught with disappointment, self doubt, some introspection and constant misinformation, late nights and lonely weekends well atleast that is what it has been for me, hopefully it has been easier for some of you ladies and gentleman haha, but it is the struggle I think we all must go through to understand it all, and its the determination I have to succeed in this that keeps me going and keeps my friends looking at me crazy like...bro are you seriously gonna spend another weekend studying!? My point is Trading is not easy, as simple as it may seem this is a long journey and we should all be grateful for the kindness that George and the helpful family members such as Bahaalden have shown towards us, just to have someone show you right from wrong if there is such a thing in trading is a blessing.

I had to give my thanks before starting...so off I go to further apply the theory to my trading and I will be posting some charts for corrections if need be, and will not post TMA Settings that I think could be correct on the thread.

Have a great day everyone!

Cody.
"Discipline Is The Bridge Between Goals And Accomplishment" *Jim Rohn*
  • #1,427
  • Feb 28, 2019 7:05am Feb 28, 2019 7:05am
let me suggest that we focus on trading and posting charts -- little kids will get bored and move elsewhere when they see nobody is giving them attention.
  • #1,428
  • Feb 28, 2019 7:09am Feb 28, 2019 7:09am
Quoting skyway
{quote} You don't trade TMA, don't even have TMA on your chart. Am I correct ?
Not correct but I have my own trading method
Have a nice day
  • #1,429
  • Feb 28, 2019 7:30am Feb 28, 2019 7:30am
Quoting Tranqility
Looks like I missed all the fun! To all the naysayers, I am slowly shedding the dross and it is reflected in my formerly stagnant account which is now moving in a positive direction largely thanks to George! (Also Davit and the many other excellent and generous traders who selflessly share their knowledge). My best month yet. {image}
If you want to share your performance at least have the decency to share the full story, im not picking on you, at least you had the balls to show something. But in order for us to confirm your results we need to see that your account doesn't have open positions or doesn't have a negative floating p/l, Those results can be very misleading without seeing if there is open orders on the account. If you want to make your point make it properly and make it in a way that other people can see the important aspects of the performance of the account.
  • #1,430
  • Feb 28, 2019 9:13am Feb 28, 2019 9:13am
Could of taken short on EURUSD where the blue box is. But I have buy position open on a higher chart. Still i know i could of taken sell on smaller time frame but i did not. I am holding longs on EURUSD to 1.1450 and next target 1.1550 zones.
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  • #1,431
  • Feb 28, 2019 9:19am Feb 28, 2019 9:19am
Quoting SunnyCoast
Just arrived home from work, around 8:30 pm now. Haven't really followed the thread but thought I'd post what I'm watching on EURJPY. Would love to see them whip this around a bit. Maybe up to the 126.40 Weekly High back in December then down to the 125.30 H4 area. Honestly I have no idea, but I'll trade it in these areas if it does something sweet. {image}
Just following up for my learning here. Had to wait until 1am my time for this one. Zzzz

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Empty your mind and let the market guide you
  • #1,432
  • Feb 28, 2019 11:27am Feb 28, 2019 11:27am
I do not normally bother to post on threads for the reason that I find some of the comments rude and do not wish to respond to such language. I would like to comment as follows.
I was in the printing industry for most of my adult life and had my own business for the last six years of my career prior to trying to learn about forex and trading. Whilst running my company the maximum spoilage rate per year (jobs that went wrong) was a maximum of 2% and some years 0%. As the director of the company this really used to annoy me as I expected a 100% quality control and 100% perfection to keep the customers happy and to ensure the highest level of financial return. This 98% - 100% perfection was achieved by constantly pushing myself and staff and of course the quality of the fantastic staff we had.
This has been part of my problem with forex. Who in their right mind enters a business expecting to lose money. Even though they are told they will lose money by their broker and gurus books ect. I have stopped trading because of this. I am self admittedly one of the worst traders the world has had the misfortune to see but I will not give up as it is not in my nature.
What I am saying is I do not believe that an extremely high hit rate cannot be achieved as I have achieved it in an industry that has so many processes involved that can effect the end product even down to the dampness in your factory.

I had a chat with George today and a couple of his pals that he trades with and they were very open and courteous to me and asked for nothing in return. Its a shame I had not spoke to him ten years ago about this exceedingly dubious industry.

Maybe we need to try a bit harder to get better results. Thats all I have to say.

Regards Steve
  • #1,433
  • Feb 28, 2019 12:00pm Feb 28, 2019 12:00pm
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  • #1,434
  • Feb 28, 2019 1:13pm Feb 28, 2019 1:13pm
[quote] Master Aus GEORGE
MY BIGGEST PROBLEM IS THIS ,,,,,
UNLESS I HAVE A CLEAR SIGNAL TO BUY / SELL ,,,, I DO NOT ENGAGE INTO TRADES ! ! ! ! !
I have a favourite saying ,,,,
I WOULD RATHER BE OUT WISHING I WAS IN ,,, THAN
IN WISHING I WAS OUT

I will NOT trade in the middle of a WASHING MACHINE ! ! ! ! BECAUSE ,,,,
I DO NOT LIKE TO TRADE ON GUESSING AND HOPE ! ! ! !

GREAT WISDOM!
Thanks Layne
Layne Rockhill
  • #1,435
  • Feb 28, 2019 1:51pm Feb 28, 2019 1:51pm
Quoting STrading
{quote} If you want to share your performance at least have the decency to share the full story...
I also swing trade so showing all open positions would confuse things as some positions are in DD and being managed. The great thing about trading George's style is that positions rarely need to be managed for DD and a good signal will make you money better than 90% of the time. For instance - I was attending a weekly webinar last night and got a good signal on GJ during, which I scalped up and down - what could be better than learning and getting paid at the same time? I'm not very good at it yet so my win rate reflects.
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  • #1,436
  • Feb 28, 2019 2:17pm Feb 28, 2019 2:17pm
Quoting Tranqility
{quote} I also swing trade so showing all open positions would confuse things as some positions are in DD and being managed. The great thing about trading George's style is that positions rarely need to be managed for DD and a good signal will make you money better than 90% of the time. For instance - I was attending a weekly webinar last night and got a good signal on GJ during, which I scalped up and down - what could be better than learning and getting paid at the same time? I'm not very good at it yet so my win rate reflects. {image}
Respectfully... Why are Open positions included on all TEs ? Because they are necessary.
To evaluate a methodolgy/system using a TE .. ALL metrics are needed.. As they all paint the picture.

Without showing those parameters the TE is pointless..

And with all due respect IMO and my vast experience of near 40 years in the markets...
trading styles like georges are one of the most susceptible to Blowing up.

You will all learn in time and understand how complex trading as George does really is..

looks simple with his MM methods... Which BTW abound on the internet...

just Google MM Market Maker methods.. M&W trading... search Forex Factory..

All various types of trading these ideas..

The BIGGEST problem with George is trading without a Stoploss...and hedging..
Now if you have many years experience in the markets you might grasp the idea
of how losses are HEALTHY..and accepting them...

That refusing to take a loss via hedging as George does..
AVERAGING DOWN... is a sure fire recipe for blowing up.

And one other thing..

TRENDS EXIST LOL....
SUPPORT AND RESISTANCE EXIST LOL

IN FACT thats all George is trading... Open a chart any chart ..Look at the previous H&L levels.

Doesnt take much to actually trade thise levels..Thats what we do...

But SMART traders..Traders that trade for a living Have GOOD R ratios ..cut their losing trades very short and
know how to take profits....

Anyways Goodluck to you all..

Be careful trying to pick those tops and bottoms... its a FOOLS GAME you shall find out the hard way when you
lose your shirts.

CHEERS EH !
Master your Mind,,,Master the Market
  • #1,437
  • Feb 28, 2019 2:26pm Feb 28, 2019 2:26pm
Stop loss hit.
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  • #1,438
  • Feb 28, 2019 2:29pm Feb 28, 2019 2:29pm
Quoting bluesteele
{quote} Respectfully... Why are Open positions included on all TEs ? Because they are necessary. To evaluate a methodolgy/system using a TE .. ALL metrics are needed.. As they all paint the picture. Without showing those parameters the TE is pointless.. And with all due respect IMO and my vast experience of near 40 years in the markets... trading styles like georges are one of the most susceptible to Blowing up. You will all learn in time and understand how complex trading as George does really is.. looks simple with his MM methods... Which BTW...
If you had 40 years of experience, you would not be here whining about someone sharing their own strategy on FF threads. After 40 years, you should have known that trading is not for you and you should of picked other career. Trade safe and just leave this thread if you don't like it. Plain and simple.
  • #1,439
  • Feb 28, 2019 3:01pm Feb 28, 2019 3:01pm
Quoting bluesteele
{quote} Respectfully... Why are Open positions included on all TEs ? Because they are necessary. To evaluate a methodolgy/system using a TE .. ALL metrics are needed.. As they all paint the picture. Without showing those parameters the TE is pointless.. And with all due respect IMO and my vast experience of near 40 years in the markets... trading styles like georges are one of the most susceptible to Blowing up. You will all learn in time and understand how complex trading as George does really is.. looks simple with his MM methods... Which BTW...
I think you have learned very little about trading in 40 years if you do not understand how to create basket of trades using averaging down techniques.
I trade for a living using EA's I design, build and run on Averaging down strategy's. I don't think you have a clue really.

But lets get to the real issues here on talking about Georges Target areas. We are all here to find those zones where the TMA and the Target areas meet together to indicate that its time to enter a trade.
Trading thin liquidity at the boundary of the charts
  • #1,440
  • Feb 28, 2019 3:07pm Feb 28, 2019 3:07pm
Quoting Tranqility
{quote} I also swing trade so showing all open positions would confuse things as some positions are in DD and being managed.. {image}
That is why i asked to see the open positions, because if you have trades that are in DD your real results are different than the ones showed in the other post. And in the end it is pointless to post those statements because we dont know if there is trades in DD, if the DD is big or small. Those 7% this week can be 6%,5%,4%. At least you where honest saying that you had trades in DD, hope you end the week with the 7% or more.Good luck
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