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Price action at the core / tma intra day

  • #2,901
  • Mar 28, 2019 5:45pm Mar 28, 2019 5:45pm
Quoting MhMd3eZZ
OK i know that Mr George bless him trade the bull back after the mm take out the stops and trigger the break out traders but what if we caught in a waterfall then we have 2 choices 1- if we trade the bull back we might caught in a waterfall and this is danger specially when most people on this thread trade without stop loss and hedge in one way not even 2 way and there is not even the least money management 1:1 RR 2-and if we trade with MM towards his target then we need to identify the direction and he might stop before it and backward on us before...

What was happening on the other time frames?
1min is the last chart to look at.
Can you show your analysis on the other time frames.
  • #2,902
  • Mar 28, 2019 5:57pm Mar 28, 2019 5:57pm
Quoting moodybot
1min is the last chart to look at.
@moodybot -- excellent, that helps a lot. I had been doing okay using M15 and M30 and avoiding M1. But now I understand I should check M1 last. Thank you...
  • #2,903
  • Mar 28, 2019 5:58pm Mar 28, 2019 5:58pm
Quoting robots4me
{quote} @moodybot -- excellent, that helps a lot. I had been doing okay using M15 and M30 and avoiding M1. But now I understand I should check M1 last. Thank you...
If its working...keep doing the same..
M1 is just for accuracy..
  • #2,904
  • Mar 28, 2019 6:10pm Mar 28, 2019 6:10pm
Quoting moodybot
M1 is just for accuracy..
@moodybot -- okay, I will continue as before AND add another tool to the toolbox -- M1. Thanks...
  • #2,905
  • Mar 28, 2019 6:12pm Mar 28, 2019 6:12pm
Quoting moodybot
{quote} What was happening on the other time frames? 1min is the last chart to look at. Can you show your analysis on the other time frames.
So true. Thanks Moody.

A fee people have been messaging me a lot recently asking me questions.

I honestly feel very embarrassed as I can't answer your questions.

Everything I've learned is all in this thread. It really is.
How I trade is only based on my interpretation of what I've read and studied here.

I'm sacrificing major hours away from my family, friends and business to study charts and practice and then trade.

Please don't feel angry if I don't reply to you.
It is truly all here. Give yourself time to take it all in.

Warm Regards Anthony
Empty your mind and let the market guide you
  • #2,906
  • Mar 28, 2019 6:17pm Mar 28, 2019 6:17pm
Gooooooood morning to all of the wonderful family members ,,,

It is just amazing to see many are now cruising along nicely ,,,,

For those who are struggling still ,, which is ok ,, it is normal ,,,, this is what i suggest ,,,

POST 2407 IS WHERE YOU START TO STUDY PRICE ACTION ,,, BUT
MOST IMPORTANTLY IT IS WHERE ,,,
YOU WILL MASTER THE MM PSYCHOLOGY APPLIED IN THIS MARKET ! ! ! !

PLEASE ,,,
STOP COMPLAINING ,,,,
STOP MAKING EXCUSES ! ! ! !
THE MORE TIME YOU INVEST IN YOUR STUDY ,,,,
THE MORE CLEARER THINGS WILL SHINE ,,,,

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

Cheers
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #2,907
  • Mar 28, 2019 6:24pm Mar 28, 2019 6:24pm
Quoting moodybot
M1 is just for accuracy..
@moodybot -- okay, I get the accuracy part. However, in the example posted by @MhMd3eZZ I'm not sure that would help. In the case of "waterfalls" or "waterjumps", when you look left there are no TOPS or BOTTOMS (or the closest ones may be far, far away). Though it's clear your next move is a BUY or SELL, I'm still trying to figure out what the target should be. In these cases, my 'work around' is to play it safe by simply exiting at the TMA midline. It's almost always a winner, though in hindsight I end up leaving a lot of pips on the table.
  • #2,908
  • Mar 28, 2019 7:01pm Mar 28, 2019 7:01pm
A "psychology" question(s)...

For sure the rises (and falls) are dramatic and quick -- sometimes a single bar, sometimes 2 or 3 bars. What is the MM thinking? In the case of a multi-bar waterfall, does the MM break the fall into multiple steps because they are trying to pull in traders who think the fall will reverse itself after the initial drop?

Or, is the decision to use a single bar or multiple bars based on how many pips are already available? That is, if enough pips are on the table then the MM gobbles them all up in one swoop. Or, on the other hand, if the MM desires more pips than what are currently out there, then they'll break the fall (or rise) into multiple steps?
  • #2,909
  • Mar 28, 2019 7:24pm Mar 28, 2019 7:24pm
Quoting MhMd3eZZ
OK i know that Mr George bless him trade the bull back after the mm take out the stops and trigger the break out traders but what if we caught in a waterfall then we have 2 choices 1- if we trade the bull back we might caught in a waterfall and this is danger specially when most people on this thread trade without stop loss and hedge in one way not even 2 way and there is not even the least money management 1:1 RR 2-and if we trade with MM towards his target then we need to identify the direction and he might stop before it and backward on us before...
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And of course yes, always watch several Higher TF to get the big pictures
Regards
NIH
Dog + Smile = Beautiful Day
  • #2,910
  • Edited 7:46pm Mar 28, 2019 7:31pm | Edited 7:46pm
Quoting robots4me
A "psychology" question(s)... For sure the rises (and falls) are dramatic and quick -- sometimes a single bar, sometimes 2 or 3 bars. What is the MM thinking? In the case of a multi-bar waterfall, does the MM break the fall into multiple steps because they are trying to pull in traders who think the fall will reverse itself after the initial drop? Or, is the decision to use a single bar or multiple bars based on how many pips are already available? That is, if enough pips are on the table then the MM gobbles them all up in one swoop. Or, on the...

Hi R4Me,

The MM is working on multiple targets at any one time, that I came to understand.

Big monthly targets, weekly targets, daily targets AND also their intraday targets.

By having these targets identified on your charts you can zoom OUT the chart and see where ALL the targets are, above and below current price.

The MM will take price wherever they need to maximise profits in their OWN business model. We can't know that information.

But when they go SOMEWHERE, and get there, we then see the opportunity to consider entering a trade.

The filters George uses to make these decisions are things he has listed on the thread. We all try to integrate these as well.

So we don't KNOW as such where price will go in the next instant, but we are happy to wait PATIENTLY until their train pulls in the station.

Then we trade.

Hope this helps a little mate.
Pete
  • #2,911
  • Mar 28, 2019 7:52pm Mar 28, 2019 7:52pm
Quoting TimeTells
Hope this helps a little mate.
@TimeTells (Pete) -- yes, this does help a lot -- thank you!!

George's methodology requires a different perspective and way of looking at charts. I've a ways to go, though it certainly is NOT a struggle. George has provided enough insight for me to use now (and be successful), and as I extract more gems from his posts and documents and spend more time staring at data, then I know this will continue to expand. I like the train analogy...
  • #2,912
  • Mar 28, 2019 8:14pm Mar 28, 2019 8:14pm
Quoting bluesteele
The PiP Train Keeps Chugging Along...... Been a long day..but having a blast 10 trades 1 loss of 1 pip this morning for 99 pips Just traded London open......4 trades 0 losses 31.1 40.9 16.4 15.1 103.5 pips (45 mins approximately) Been doing this day in and day out now... I think I'm becoming a believer hahahaha Trading with 5 other members here tonight...I think most clocked some good pips. Great fun and camaraderie Total for the day 202.5 pips No charts too tired its 3 a.m. Gotta sleep sometimes lol..... Big thanks to George ! ! ! Cheers Blue I...
This is epic trading and a prime example of what can be achieved by applying George's methodology with one's own trading experience.

Great job Blue!

Dave
  • #2,913
  • Mar 28, 2019 9:42pm Mar 28, 2019 9:42pm
Quoting robots4me
{quote} @TimeTells (Pete) -- yes, this does help a lot -- thank you!! George's methodology requires a different perspective and way of looking at charts. I've a ways to go, though it certainly is NOT a struggle. George has provided enough insight for me to use now (and be successful), and as I extract more gems from his posts and documents and spend more time staring at data, then I know this will continue to expand. I like the train analogy...

Mr S Sir ,,,,

YOUR QUOTE :::

George's methodology requires a different perspective and way of looking at charts.

There is alot of difference between ,,,
DIFFERENT ,,, AND ,, REALITY ! ! ! !

GEORGE HIGHLIGHTS THE ,,, TRUE SUN OF THE MARKET ,,,,
MM's PSYCHOLOGY ,,, CORRELATED WITH PRICE ACTION ! ! ! !

I am sure you will agree ,,,,

Cheers
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #2,914
  • Edited 10:50pm Mar 28, 2019 10:09pm | Edited 10:50pm
Quoting George
I am sure you will agree ,,,,
Hi George -- yes, I would certainly agree...

By "different perspective" I meant different than what I have been using up until now. The past couple of weeks I view charts much differently than I had in the past. And I wouldn't hesitate to substitute "different" with "reality".

I like the statement: MM's PSYCHOLOGY ,,, CORRELATED WITH PRICE ACTION ! ! ! !
Prior to this thread I wouldn't have had a clue what that meant or, even if I did, how to even begin to apply it. I have much more to learn here and it's nice to feel this is the right path.

Thank you @George.

P.S. The fact I don't sign-off with my real name is not intended to be disrespectful. Rather, I truly value my anonymity on the web. I may still decide to run for President one day and there is always a risk the PC police will hunt me down and I'll be disqualified for something I said (or didn't say) on FF. Who knows? Or, maybe my wife will discover I blew our savings on forex trading...
  • #2,915
  • Mar 28, 2019 11:35pm Mar 28, 2019 11:35pm
Quoting George AUS
{quote} Your Opinion is respected ,,,,, BUT it is obvious you have NO idea about this game sir ,,,, BUT more importantly ,,, what george does and tries to explain ,,,, YOUR QUOTE ::: Highly obliged if anyone help, please. SO WHEN YOU START TO DISPLAY RESPECT FOR YOURSELF FIRST ,,, TO OTHERS SECOND ,,, I WILL STOP MINIMIZING YOUR POSTS . Cheers,,, George
Quoting George AUS
{quote} read your pm please frosty thank u goegre
I wonder to see your reaction on my post. the post was nothing about respect, it was based on reality. I have big heart. I noticed you offend to any post in which there is no appreciation for George. The fact is that my above subject post has been like by other members of your thread. but only George is disliking, This seems a"GOERGE MENTALITY". I know you have the power to MINIMIZE. but to me, public opinion is more important.
JUST FOCUS on helping people rather than showing thirsty people a fancy glass of water. Stay happy in your playing area

PS: BTW I did not receive your pm yet.
Watch market as a layman, Do have a opposit trade what ur mind suggest ;-)
  • #2,916
  • Edited 12:59am Mar 29, 2019 12:20am | Edited 12:59am
Quoting moodybot
{quote} What was happening on the other time frames? 1min is the last chart to look at. Can you show your analysis on the other time frames.
-with all do respect man and all family members and mr george who saw my question
if i am opened cahrts at 1 minute 2m 4m
or 15m 30m 60m

-i do not know will this protecting my balance from waterfalls and dangerous of hedging in 1 way like buy buy or 2 ways like buy sell or martingale this is like Mr George says trade bullbacks

some time the market make a spike after spike with no bullbacks in all time frames this is where the margin call will come to us you as do not know when to stop

-and the washing machine trade is like trade to the level and try to anticipate which level he will go first

-then we escaped from problem as it is our only problem in the first place to all of us traders which way will the market go with hedge and multiplies without stop loss

-any average decent strategy should provide for 2 things

1- the direction to the target any target small ore big
2-minimum risk with maximum income

-this is not about time frames market has no time frame market is only about price many of of us using 1000 ticks charts or pips renko charts and in my opinion they are far true than time chart but this is what mt4 platform have so we do not complain
and when we consider time in our decision this because our minds cant make decision for the the bigger picture as humans have limited minds we are not god who are know all regardless of time and place the market maker him self is like a god in this game he know all work in all time frames at the same time

-in my opinion we should answer for the 2 things that i wrote this are what important security is important than increase balance in this game
not trading is trading as we say

-trade with mm in to the level with anticipation to his direction is more likely to be safe in my opinion
-so from here we start to ask the important question
we have the mm targets
its either up or down
which way he will go
using our tma and sma as a start
any other way is welcome triangles trends
consider your RR ratio
-when we mark the tops and the lows of lets say 5 days above and the below the price and mark them this as mm targets that is not a problem
the real problem is our balance will it make us reach our targets safe
are we endangered our all balance to get there
for 1% profit we risk 100% of balance
  • #2,917
  • Mar 29, 2019 1:31am Mar 29, 2019 1:31am
Quoting skyway
Essentially your question is what is the direction of the price.
@skyway -- no, I don't think that is his question. We know the direction. However, there are going to be some peaks and valleys along the way until that target is reached. I think his question is how do you survive the hazards (i.e. drawdowns) along the way.

A simple answer could be a generous StopLoss that gives the price some room to breath. That's what I'm doing currently, but only because I don't know any better. I suspect George and some of the others have a better answer and would answer the question differently. Though I'm not sure -- they might also say "the short answer lies in market structure".
  • #2,918
  • Mar 29, 2019 1:46am Mar 29, 2019 1:46am
Quoting MhMd3eZZ
{quote} -with all do respect man and all family members who saw my question if i am opened cahrts at 1 minute 2m 4m or 15m 30m 60m -i do not know will this protecting my balance from waterfalls and dangerous of hedging in 1 way or 2 ways or martingale this is like Mr George says trade bullbacks some time the market make a spike after spike with no bullbacks in all time frames this is where the margin call will come to us you as do not know when to stop -and the washing machine trade is like trade to the level and try to anticipate which level he...

My understanding...entries all critical. So charts are very important inc the analysis.
With correctly marked charts you will see, price action...not as quoted by most educators, course sellers etc...they know f4ck all about trading. I'm talking about real price action, demonstrated here by George.
With respect it is super critical to get all the steps correct. Yes, if you trade in the wrong place, you're going to get washed over the waterfall.
Nothing is random, price is moved when and where the market maker decides, to the pip. Again, this is not random.
You enter incorrectly with a hedged grid based trading system and you're going to have your arse handed to you. This thread aims to eliminate that threat but does not require a complex grid hedge. Remember, George aims for 100%, 80 to 90% or greater is achievable with a standard stop loss. Kevin ( Bluesteele) is proving this consistently.
Forget trends, no such thing. Trends are bollox. RR ratio, forget that. Just because you want a certain RR it doesn't mean you can't take the trade, the Market Maker will only give you a certain amount, it's down to you to figure out how much.
My personal view at the moment is that you should consider perfecting the entries on demo, no grids, extra levels, use Daily,H4,H1 high/lows...15min chart, mark your zones, mark any targets, wait for the market maker to show their hand. Jump to early and your going to go splat.
Wait for price to enter the pressure zone on the 1min chart...then if happy.. trade. Use a stop loss if you want. Trade to your targets.
Close trade in profit. Spend demo money on beer.
Cheers

Moody.
  • #2,919
  • Mar 29, 2019 1:55am Mar 29, 2019 1:55am
Quoting robots4me
{quote} @skyway -- no, I don't think that is his question. We know the direction. However, there are going to be some peaks and valleys along the way until that target is reached. I think his question is how do you survive the hazards (i.e. drawdowns) along the way. A simple answer could be a generous StopLoss that gives the price some room to breath. That's what I'm doing currently, but only because I don't know any better. I suspect George and some of the others have a better answer and would answer the question differently. Though I'm not sure...
respect brother
but who says we know the direction of the price if you know way to to choose between buy and sell and go to mm target summary it to us
this not about make any profit
its about secure profit
minimum risk maximum profit
  • #2,920
  • Mar 29, 2019 1:56am Mar 29, 2019 1:56am
Quoting moodybot
{quote} My understanding...entries all critical. So charts are very important inc the analysis. With correctly marked charts you will see, price action...not as quoted by most educators, course sellers etc...they know f4ck all about trading. I'm talking about real price action, demonstrated here by George. With respect it is super critical to get all the steps correct. Yes, if you trade in the wrong place, you're going to get washed over the waterfall. Nothing is random, price is moved when and where the market maker decides, to the pip. Again,...
Love how you break all this down Moody! Learning every day!

But I categorically refuse to drink DEMO beer. You can shove that where the sun don't shine!
Empty your mind and let the market guide you
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