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(binned per thread starter’s request) MM (Money Maker) Detective

  • #1,321
  • May 10, 2019 9:53pm May 10, 2019 9:53pm
Quoting skyway
Robots4me, here's an indicator you might be interested to code. Mark the open 15m bar for Tokyo open, Frankfurt open, London open, New York open, London close. Horizontal Hilo boxes.
If you are serious -- I'll take a look at that. Can you send a screen shot?

To be honest, I'm such a rookie I don't keep track of sessions. Plus, I have both GMT and GMT+2 brokers and converting between broker server times and market times is too much for me right now.
  • #1,322
  • May 10, 2019 10:29pm May 10, 2019 10:29pm
Quoting George AUS
STEVE ,,,, YOU WERE SHOWN THIS ,,, PRIMARY SCHOOL EXAMPLE ,,, BY GEORGE ON TEAMVIEWER ,,, ALSO SHOWN TO MANY TRADERS WHO HAVE SAT WITH GEORGE ,,, THE PSYCHOLOGY IN THIS GAME APPLIED ! ! ! ! PLEASE DO NOT ANSWER THE QUESTIONS ON THE CHART ,,,, I JUST WANT TO DEMONSTRATE TO THE IGNORANTS BITCHING OLD BAGS OUT THERE ,,,, KNOCKING GEORGE ,,, THAT ARE SPEAKING FROM A NO KNOWLEDGE BASE ABOUT THIS GAME ,,, THEY KEEP DISMISSING WHAT IS REALITY THAT THEY ARE BLINDED TO ... NO PSYCHOLOGY ,,,,,,,,, IN THIS GAME APPLIED TO THE PRICE BY THE MM ?? IF YOU HAVE...
Quote
PLEASE DO NOT ANSWER THE QUESTIONS ON THE CHART
There's little risk of that -- I was too busy scribbling notes to remember. Plus, I would need to attach @moodybot's new "rock on a string" indicator to the chart to better see what was going on.
  • #1,323
  • May 10, 2019 10:31pm May 10, 2019 10:31pm
Quoting skyway
{quote} Here's an example. Prefer selectable empty boxes. {image}
Okay -- thanks -- I'll take a closer look this weekend. What do you mean by "selectable empty boxes"?
  • #1,324
  • May 10, 2019 11:04pm May 10, 2019 11:04pm
Quoting skyway
{quote} I fully agree with George. This is the most important post in his entire writings. So I highlight it here for the benefit of those who want to know more.
Quote
I fully agree with George.
Okay -- I sense some progress
  • #1,325
  • May 10, 2019 11:39pm May 10, 2019 11:39pm
Quoting skyway
{quote} It has been the case all this while, nothing has changed. Momentum read is the most important aspect of price analysis. How each trader does it is a personal thing. I speculate, although I cannot confirm without actual trade data, that George is primarily a divergence trader. I have a penchant for convergence trading. Pls don't ask me to explain this.
Skyway.......the most important part has been left out. You are going around in circles mate, that's not what George said.
What has momentum got to do with Georges chart?
The chart that George posted shows the psychology applied to price.
Study the chart and see if you can figure out what is on it. The chart is there to show the psychology applied,, the signals they give which is demonstrated at the areas that George boxed as to why price came back to the areas that he highlighted shows the precision that the market maker runs the market to.
It is quite evident that many traders do not understand the concept.
You tell me where momentum comes into the equation when this is all psychology.
You would classify this as a sideways move, not a BS trend.

Quoting George.......
I my humble opinion ,,,
THE BEST WAY TO DO WHAT YOU ARE DOING IS THE FOLLOWING ,,,

DO IT ON A LIVE MARKET ,,,,
NOT HISTORY CHARTS
Because ,,,
To do it correctly ,,
One MUST take into account all of the 3 Major time frames for intra day trading ,,,
15 MNT ,,, 1 HOUR ,, AND ,, 4 HOUR ,,,

This is the ONLY way,,, one can trade in line with the FRACTAL NATURE OF THE MARKET ,,,,
It WILL take time of course ,,,
MOMENTUM is a MAJOR player in the decision making ,,,
moving averages are the best form for me ,,,
PSYCHOLOGY APPLIED TO PRICE ACTION IS BEST RECOGNISED ,,, WHEN ,,
CORRELATED WITH THE MOMENTUM ON THE 3 TIME FRAMES ,,,
TAKING INTO ACCOUNT THE MANY FILTERS I HAVE PREVIOUSLY POSTED ! ! ! !

PSYCHOLOGY APPLIED ,,, IS BEST SEEN ,,,, WHEN ,,,,
IT IS BROKEN DOWN AS PER THE PARAGRAPH ABOVE
Attached Image
  • #1,326
  • May 10, 2019 11:51pm May 10, 2019 11:51pm
Quoting moodybot
{quote} Skyway.......the most important part has been left out. You are going around in circles mate, that's not what George said. What has momentum got to do with Georges chart? The chart that George posted shows the psychology applied to price.

Andy sir ,,,
Just adding to your words ,,,,

My reply was to Anthony ,,,
Which was to do with his STUDY ,,,
How to see what he is looking for ,,,,
MOMENTUM IS A MAJOR PLAYER IN DETECTING ANTICIPATED MOVEMENTS ,, ABSOLUTELY ,,, BUT ,,,
i have always stipulated ,,,
GEORGE'S TRADING IS 98% PSYCHOLOGY , 2% PRICE ! ! ! !
That chart I put up ,,
WAS ALL ABOUT PSYCHOLOGY ! ! ! !
Many traders around the world ARE ,,,
Blinded to the secrets within that price application ! ! ! !

The problem is ,,,, as we both know ,,,
many people are always looking for holes ,,,
they have SELECTIVE READING ,,,
Read the FIRST PAGE ,,,, MIDDLE PAGE ,,, AND THE LAST PAGE ,,,,
THEN SPEAK LIKE PROFESSIONALS ABOUT SOMEONE ELSE ! ! !
Very sad indeed ,,,,

Great summary sir ,,,,

Cheers
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #1,327
  • May 11, 2019 12:27am May 11, 2019 12:27am
Quoting skyway
{quote} Perhaps I have not. To be honest, I was and am not interested in George mm psychology manipulation. Even if he were to give me one on one mentoring 24/7, I say thanks but no thanks. I was merely curious about his approach. And my curiousity is progressively waning to nothing now that I know a little more. If it works for you great, by all means learn from him. Now I am only interested in the tools that robots4me create for this thread.
If you are not interested in Georges approach it's no problem, but why do you feel the need to comment. I clearly feel that you have not grasped the basics.
If your interest has waned as is the case, then may I suggest that you do not reference George or his posts as you are not expressing him or his views correctly.
I feel you are missing out on some serious trading knowledge but maybe that's not why you are here.
The tools from Steve are great, correctly applied.
  • #1,328
  • May 11, 2019 2:00am May 11, 2019 2:00am
Quoting George AUS
{quote} Andy sir ,,, Just adding to your words ,,,, My reply was to Anthony ,,, Which was to do with his STUDY ,,, How to see what he is looking for ,,,, MOMENTUM IS A MAJOR PLAYER IN DETECTING ANTICIPATED MOVEMENTS ,, ABSOLUTELY ,,, BUT ,,, i have always stipulated ,,, GEORGE'S TRADING IS 98% PSYCHOLOGY , 2% PRICE ! ! ! ! That chart I put up ,, WAS ALL ABOUT PSYCHOLOGY ! ! ! ! Many traders around the world ARE ,,, Blinded to the secrets within that price application ! ! ! ! The problem is ,,,, as we both know ,,, many people are always looking...
So looking at Georges chart he posted and the action it contained, for me it seemed clear the MM was enticing bullish traders to enter and raise their stops higher and within easy reach. It was attempting to suggest that as the price was still returning to the same level, this was a tip off price was about to become bullish again.


However the MM just desires bullish traders and close stops.
Attached Image (click to enlarge)
Click to Enlarge Name: mm true.png Size: 104 KB
Trading thin liquidity at the boundary of the charts
  • #1,329
  • May 11, 2019 2:25am May 11, 2019 2:25am
Looking at that chart with what may be classed as the herd mentality, your blue line was support which then turned into resistance. After the support turning into resistance was confirmed, there were 3 taps of the blue line/zone where shorts could be entered and arguably a 4th which didn't quite tap but did give you an inside bar. So in this case the herd mentality would have worked using the last swing high above the blue line as a stop which as it turned out was never in any danger. Personally I wouldn't have seen any reason to go long at your arrows unless you're seeing a mini double bottom there.

Of course it could be that at your blue line there was a huge sell order which didn't all get filled so price has gravitated (by fair means or foul) back to that line to pick up the left overs.
  • #1,330
  • May 11, 2019 2:31am May 11, 2019 2:31am
Quoting RickM
{quote}.... It was attempting to suggest that as the price was still returning to the same level, this was a tip off price was about to become bullish again. However the MM just desires bullish traders and close stops. {image}
Regarding the tip off you mentioned, what about the fact that every time price returns to that blue line, it was printing lower highs?

Or could it be the stops of breakout traders that are being targeted behind blue line?

ps. I agree with true intention as well as your comment at double bottom.

Regards,
Blackeagle
  • #1,331
  • May 11, 2019 2:39am May 11, 2019 2:39am
Quoting handy148
... Personally I wouldn't have seen any reason to go long at your arrows ....
Isn't more than 60 pips good enough reason? Many traders at FF are dying for 10 pips per day consistent profit.

Regards,
Blackeagle
  • #1,332
  • May 11, 2019 2:39am May 11, 2019 2:39am
Quoting RickM
{quote} So looking at Georges chart he posted and the action it contained, for me it seemed clear the MM was enticing bullish traders to enter and raise their stops higher and within easy reach. It was attempting to suggest that as the price was still returning to the same level, this was a tip off price was about to become bullish again. However the MM just desires bullish traders and close stops. {image}
Quoting handy148
Looking at that chart with what may be classed as the herd mentality, your blue line was support which then turned into resistance. After the support turning into resistance was confirmed, there were 3 taps of the blue line/zone where shorts could be entered and arguably a 4th which didn't quite tap but did give you an inside bar. So in this case the herd mentality would have worked using the last swing high above the blue line as a stop which as it turned out was never in any danger. Personally I wouldn't have seen any reason to go long at your...
And I've got my eye on that bearish liquidity gap off to the left (that wasn't apparent in @George's chart). The other movements you guys are analyzing are too subtle for my eye to attach an MM intent.

Also, I don't understand the significance of the Frankfurt and London open bars.
  • #1,333
  • May 11, 2019 2:47am May 11, 2019 2:47am
Quoting RickM
{quote} So looking at Georges chart he posted and the action it contained, ... {image}
To interpret that chart, in addition to what I posted above, we should also consider ADR, number of pips price traveled from Frankfurt to London open, Liquidity Gaps and last but not least whether price hit TMA extreme zone on M1.

Regards,
Blackeagle
  • #1,334
  • May 11, 2019 2:51am May 11, 2019 2:51am
My interpretation
Attached Image (click to enlarge)
Click to Enlarge Name: My take on Georges chart.png Size: 80 KB
  • #1,335
  • May 11, 2019 2:57am May 11, 2019 2:57am
I was thinking the double bottom was the trap
Trading thin liquidity at the boundary of the charts
  • #1,336
  • May 11, 2019 3:23am May 11, 2019 3:23am
Quoting moodybot
My interpretation {image}
EVERYONE DISCOUNTED THE FINE DETAILS Andy ,,,
Something I stated in my post ,,,,

This is why I posted it ,,,
To demonstrate the depth and precision we work with sir ,,,,
Some sit here and knock ,,,, without knowing all of the fine details we apply to live market ,,,
I do NOT mean the kind people that commented in the posts above ,,,

You are a NAUGHTY Boy Andy ,,
I said anyone who knows the answer ,,, is NOT to ANSWER
BUT ,, still love u just the same hahahahah

This is EXACTLY what Andy and Kevin ( Bluesteels ) keep drumming day after day ,,,
They have seen it all ,, LIVE when we are together ,,,

Absolutely wonderful people ,,,
the FINE DETAILS MANY TRADERS AROUND THE WORLD DO NOT TAKE NOTE OF ! ! ! !
And many say this market is Random ,,
This market has NO psychology ,,,
This market is this and that ,,,,

I hope that opened the eyes of some as to the PRECISION THIS MARKET IS CONSTRUCTED WITH ! ! ! !

Cheers
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #1,337
  • May 11, 2019 3:25am May 11, 2019 3:25am
These are the fine details -

1 pip gap - depend where are you trading, not all brokers have that gap.

Double bottoms - bullish trap; why not triple tops as bearish trap.
  • #1,338
  • May 11, 2019 3:28am May 11, 2019 3:28am
Quoting George AUS
{quote} EVERYONE DISCOUNTED THE FINE DETAILS Andy ,,, Something I stated in my post ,,,, This is why I posted it ,,, To demonstrate the depth and precision we work with sir ,,,, Some sit here and knock ,,,, without knowing all of the fine details we apply to live market ,,, I do NOT mean the kind people that commented in the posts above ,,, You are a NAUGHTY Boy Andy ,, I said anyone who knows the answer ,,, is NOT to ANSWER BUT...

It's all down to the details George, to the micron of a pip.
Market maker signal from multiple feeds.....my arse!!.
Highly accurate Algo, nothing more nothing less.
The evidence is on the chart.
  • #1,339
  • May 11, 2019 3:30am May 11, 2019 3:30am
Quoting RickM
{quote} So looking at Georges chart he posted and the action it contained, for me it seemed clear the MM was enticing bullish traders to enter and raise their stops higher and within easy reach. It was attempting to suggest that as the price was still returning to the same level, this was a tip off price was about to become bullish again. However the MM just desires bullish traders and close stops. {image}
Howdy Rick ,,

The intent of that post was NOT about the direction ,,,
It was about the PSYCHOLOGY of the MM ,,,
Why the price action was the way it was during that so called sideway move ,,,

IT IS ABOUT THE FINE DETAILS MANY TRADERS AROUND THE WORLD ARE BLINDED TO ,,,
Not interested in learning ,,,, discounting things experienced traders talk about ,,,
and on top of that ignorance ,,,, they knock them ! ! ! !

ABOUT THE DIFFERENCE BETWEEN ,,,
AVERAGE AND PRECISION ! ! ! !

Cheers ,,,
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #1,340
  • May 11, 2019 3:31am May 11, 2019 3:31am
Quoting skyway
{quote} If you choose to be a line trader, G is a good mentor. Stick with him all the way. That's my unsolicited advice.
A preschool kid is taught the sum of 1 and 1 by showing 2 separate apples and then after by putting them together. One can conclude and say the exercise is not about the apples. Likewise it is not about the lines. Once your eyes are opened to the psychology you can confidently say 1 + 1 = 2 without using the apples.
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