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Price action at the core / tma intra day

  • #3,941
  • Jun 7, 2019 6:44am Jun 7, 2019 6:44am
Quoting moodybot
As its NFP...lets take a punt...ready to crash and burn, tin foil hat on..... Price to break 138.139 Price to enter TMA 1 Min Short entry....get out when happy!! Will it reach the TMA tonight, who knows, that's down to the algorithm.. {image}

I would NOT hold my breath too long Andy ,,,
I am yet to see the GJ move to NFP ,, hahahah

Cheers ,,
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #3,942
  • Jun 7, 2019 6:54am Jun 7, 2019 6:54am
From elsewhere...

Apparently entries are easy...and any old TMA will do....''Sorry, but its a copy of a Guru trade from another thread (think you can guess) showing that you do not need indicators yet again, but all I have shown a very old TMA system that's free now and been around for years picks the same trade up with a minimum of time and effort spent watching the chart ,

.......................................................................................................................................................................................................................................

if that's the case gentleman, lets see some effort before the event'.....

......................yes, my issue is that I picked the trade before the event and you did after the event!!

Same old reaction, wonders cease to amaze.
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  • #3,945
  • Jun 7, 2019 7:33am Jun 7, 2019 7:33am
Quoting parisboy
You do not need to wait to reach a "TMA Zone" to open a Short position on GBPJPY {image}
Who cares.
You didn’t post it live, and it was either to early due to poor entry technique resulting in poor value or most likely copied mine after the event.
So as far as I’m concerned your post is a bust.
And why are you posting here, you have your own dead thread.
You should rename it... “after the event bullshit”.
  • #3,947
  • Jun 7, 2019 7:36am Jun 7, 2019 7:36am
Quoting parisboy
You do not need to wait to reach a "TMA Zone" to open a Short position on GBPJPY {image}
Can NOT argue with what you said ,,,
Some traders have their won way of entries though ,,,

My Theories are based on Targets ,,, and the use of the TMA tool ,,, thats all,,,
And we do it with precision ,,,

sorry had to minimize 1 chart as they are both the same thing ,,,,
Cheers
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #3,951
  • Jun 7, 2019 3:06pm Jun 7, 2019 3:06pm
Paris, you have you're own thread to play in. Keep your rubbish over there.
  • #3,953
  • Jun 7, 2019 4:15pm Jun 7, 2019 4:15pm
So yesterdays trade worked out Ok.

Thanks to all those who Pm'd.

It would appear that I have stepped on a few shoes though from reading some posts......George puts up with me so I still have somewhere to hang out.

Analysis.

My general analysis of the GJ is that it is Long. Based on looking at a Daily Chart. It's just a rule of thumb and not set in stone. Price can go anywhere.
From that analysis I would only expect TMA trades from the upper band, we are looking for reversals with this method.


If Price went long there was a clear Liquidity Gap to take out on H1 from May 30th.
If price went short there was a clear Liquidity Gap to take out on M15 from 6th June.

So price has to go somewhere...right?

It went up, so my initial target was 138.139 the closure of the Liquidity Gap.
Once the Liquidity Gap had closed I require price to enter my TMA 1min.

Price entered TMA so Trade short.
Price reversed something like 60+ pips..... so that's Ok.

But more importantly, the high at 138.169 looks to be the start of confirming herd mentality with the high of May 30th.
There is also the lower liquidity gap that I would expect to get taken out.
So we are back to two targets again.
Until price reacts with the targets, either top or bottom, using this particular method I would stay out of the market for GJ.
Do I know which of the two targets they are going to take out first......No. We wait for the Market Maker to show their hand.
Then the process starts again...and again....and.....
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  • #3,954
  • Jun 7, 2019 4:16pm Jun 7, 2019 4:16pm
Quoting parisboy
Determining Targets is important to achieve 98 to 99 % accuracy, your boss said {image}

And your point is?
  • #3,956
  • Jun 7, 2019 5:31pm Jun 7, 2019 5:31pm
Quoting robots4me
{quote} @moodybot -- great explanation and analysis. From this one post I learned more than from all the others combined. This was all people were asking for -- i.e. given what we had learned up to that point, how does one actually use that information to trade. @George mentions Liquidity Gaps, then discounts them. You mention them again as a useful clue. Why did we have to go through so much to get to this point?

Steve,
You toss all 3 of us out of your thread. ...
And now you waltz over here and post...

Frankly I find that a little distasteful... I guess we all know whom the real gentleman is and that's George...

Me ....I'm not so classy I would of tossed your useless milk sucking donkeys ass out long ago.

Cheers !!!!!
Kevin
Master your Mind,,,Master the Market
  • #3,957
  • Jun 7, 2019 5:33pm Jun 7, 2019 5:33pm
Quoting robots4me
{quote} @moodybot -- great explanation and analysis. From this one post I learned more than from all the others combined. This was all people were asking for -- i.e. given what we had learned up to that point, how does one actually use that information to trade. @George mentions Liquidity Gaps, then discounts them. You mention them again as a useful clue. Why did we have to go through so much to get to this point?

George didn't ban you then.
I refer you back to some previous charts that I had placed on your thread showing exactly the same thing.
And was then ridiculed for doing so.
  • #3,960
  • Jun 7, 2019 6:10pm Jun 7, 2019 6:10pm
Quoting robots4me
{quote} Kevin -- I complimented Andy. Yes -- there's bad blood. But I still complimented him. Andy can speak for himself, but you inject yourself on his behalf? Kevin -- you've been done this road a few times before, right? How many times do you behave like a mule and then apologize for the mess and harm. And you have caused harm. Apologizing in the aftermath may help sooth your guilt, but the bad karma remains. You'll never learn.

I think you should go back to your own thread.. there's nothing to learn here....

You have been told so much valuable information...but your too green to comprehend and cry when your not spoon fed something you understand....

Run along now....

Nothing here for you Steve...

Cheers !!
Master your Mind,,,Master the Market
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