Price action at the core / tma intra day

https://www.forexfactory.com/showthread.php?t=505253

Phil Jarvie(since passed) traded TMA's combined with custom made intraday fibo levels and applied it to the EURUSD only and reportedly made over 80mil with his counter trend method. This was done many years ago if it is to be believed.

As good as Phil's fibo indicator and TMAs settings were...the most accurate indicator he had was his reading of price/momentum on a 5 min chart.

AH! we are back to being civilised and acting like grown men (Adults) on this thread. Controversial you better believe it..


Andy,@Moodybot nice post with simple explanation. TBH that is what we have all been waiting for. Now I cant speak for everyone else but for those that have put in the hours it is very frustrating not seeing what is supposed to be “there” yes not up to 40,000 hours but I tell you damn close and not just speed reading, hour after hour day after day. Im pissed off the wife is pissed off and the guys I trade with on a daily basis are pissed off with me bleating on over and over about Herd mentality, zones, areas of interest, etc etc.

One day GJ next GU and the next Oil. Live charts watching the areas of interest and everything else.

Once my Normal trading is done (I need to earn while I learn) yes not ideal but needs must…. Then its back to the History on all timeframes mentioned looking for Gaps, LG’s, strings of bars not interlocking, retraces, pullbacks. Ive even checked almost every time frame bar from Asia open Frankfurt, London. Dinnertime bar, smoke break bar and need the toilet bar………..

Well like you say the easy bit is marking the charts, second nature now and without an indicator. Lol and we wait for the MM to make his move…. Yip also guilty of trying to “Guess” which way first and failed, well I guess you knew that…lol.

The one that gets me is the, hits TMA and DOESN’T retrace and it happens more times than enough even when it hits the target, yes you might get 10 pips and be able to hedge. (not my idea of trading TBH)
George we know you have the diagram showing Amount of pips etc but from what I have noticed this is also subjective? (not being funny just what im seeing) I MAY BE DOING SOMETHING WRONG? slight little pullbacks into London High usually gets the bigger pullback but not always…. Again caught out with that and market going another 100 pips.
Anyway nice to see the thread back open and people being people,

I love to take the piss but this was getting a joke.

Yes I will still keep searching and checking examples on the thread as I guess we all want to be Master traders, well I do anyway.
I thought I had it with another thread on here where you get 40 a day from EJ, yes I was one of the traders that could do this almost 80% and believe me that was through hard work and many many hours. But like George said that isn’t good enough I want to know the market and want to nail every trade, that’s not being arrogant that is me being me.

Like I say lets keep it cool, keep the explanations coming and I am sure we will get a few more traders that can NAIL this bastard MM……

Cheers Ant

Shrips ,,,
Your first name would have been nice ,,,

Thank u for ur added input ,,,
Rest his soul ,,,

Yes the TMA is an amazing tool ,,
Myself and all the other members use it very intensively correlated with price action ,,,,
Indeed a very very powerful approach ,,,,
It is the MOST POWERFUL tool i have come across in my trading career ,, when it comes to precision ,,,,

Hope you have got ur TMA settings worked out ,,,

Cheers
George

Hellooooo Ant ,,,
Lovely to have u active sir ,,,

Let me add to what you had said ,,

The approach is very accurate ,,,
Please study the filters ,,,
Apply patience ,,,
Do NOT jump on the market just because it has reached the TMA pressure zone ,,,
Understand the pair u r dealing with ,,,
The smaller the pair ,, the deeper it CAN penetrate through the TMA levels ,,,
As the GU will penetrate more than the GJ ,,,, although the GJ jas a larger daily range ,,,,

Just to help u ,,
THE GJ ,,, PICKED THE HIGH AND THE LOW OF THE DAY FOR YESTERDAY ,,, FULL REVERSAL ,,
THE GA PICKED THE HIGH FULL REVERSAL ,, AND THE LOW FOR 40 PIPS ,,,,
THE GU PICKED THE HIGH OF THE DAY AFTER THE NEWS SPIKE ,,,
AS YOU KNOW WE DO NOT TRADE NEWS ,,,, AS NEWS TRADING IS FOR SUCKERS IN MY OPINION ,,,

Targets are one of the most important parts of the equation ,,,,
again ,,, You do NOT just jump on the market just cause it got to the target ,,,

It is a correlation process ,,,,
With time you will master it ,,,,

Keep up the great work ,,,

Lastly ,,
This project has always been orderly ,,
Mature environment most of the time ,,,
George is always in control ,,, you can rely on that part ,,,,

Cheers
George

Hey hey hey Amos ,,,
Thank you for ur input ,,,

You have been active on many occasions ,,,
Your belief in the theories are very obvious sir ,,,

Great effort on your behalf ,,
Keep up the great work ,,

Cheers
George

hi
congratulations GEORGE you are a real Gentlemen and good too see we are going to start fresh sorry not to be a big help I am only an old bugger ha ha take care all the family
GILBERT

Hi FX, how would you say your learning-journey would be now without having those conversation?

Thanks
JGalt

What he has shown us is nothing new to what Georges has been showing us all along. There's actually no puzzle. One just has to work, work and work. No shortcuts!

Pumi

that correct do your homework I know nor easy but if you want to succeed in this business total commitment or you will lose your shirt but we have master GEROGE or did open a big door at Forex or unknown before so we have to take advantage of it practised and practised days and days until the lights will shine .
enjoy all your weekend
GILBERT

Hello Pumi ,,,,

There is a HUGE difference between belonging to ,,,
AN INNOVATIVE PROJECT ,,, AND ,,,
AN IMITATIVE THREAD ! ! ! !


THIS IS A PROJECT OF INNOVATIONS ! ! ! !

SOME IGNORANT LAZY TRADERS ,,,,
GO AROUND AND SEEK THE REST ,,,
BUT ,, SADLY FOR THEM ,,,
SOONER OR LATER ,,,
THEY HAVE NO CHOICE BUT ,,,,
TO PUT THEIR TAILS BETWEEN THEIR LEGS AND FOLLOW THE BEST ! ! ! !

George rests his case sir ! ! ! !

Cheers
George

This is my first post in this wonderful thread, and I just want to say a very big thank you to George and all other contributors. I came across this thread just four weeks ago and since then I have done very much reading and studying of price action, and like you George said I will I have had many moments of frustration but I kept on studying. A couple days ago I started to see the light in the tunnel and tonight I got a big eureka moment. Although my brain is totally fried after all the studying I must say that it is a indescribable feeling when you get this moments. I have much more studying to do and I'm looking forward to do that. So once again a big thanks to George and the other contributors, I love what you have done here.
Sorry for my bad english but I'm Swedish and haven't wrote in english many times since my school years which was a very long time ago.
/Thommy

Hi Pip Miner

I can't reply to you on Steve's thread but in reference to your post 2698 on the Indicators thread....

I already tested all this by building my own ea with tma 1 minute settings and adr and fixed stop loss. It failed miserably. Thats why the other Mob use a hedged grid. Without money management or a grid doesn’t work consistently.

So ''shit for brains'' walks into a casino with a t-shirt and cap emblazoned I count cards and I never lose!
Let me show you Mr Casino how i do it!

Well Pip Miner I can confirm your findings.
The EA will not work as per a standalone TMA EA.
The theory is robust, beyond a level not demonstrated on the forum but...Price action has to be included in the decision making process.

I can only assume now that as ''shit for brains'' has posted up the settings, Georges next part of the project, on reading the market within the washing machine will most definitely be kept in-house.

Good luck to all who use Steve's indicators and take a trade within the TMA, depending of course which TMA band and pair chosen, time of day, ADR, Square of price and Time....just to name a few of the more important points. Perhaps continually opening a basket would work...most of the time.

No reference to you Pip Miner, but with Steve, stupid is as stupid does.

Edit

The project was on-going, and at all times it was made perfectly clear that there was more to come. Steve jumped the gun with the indicators.
He was strongly advised not to go down that route.

And Perfect timing!!

A great story Thommy ,,,
Yes the same as George's ....

Thank u for ur kind words ,,,

We all have to go through this IF we are serious about ,,,
MASTERING THE ART OF TRADING ,,,,

Some chose to follow Blind people out there ,,, BUT ,,,
Some are committed to wanting to LEARN THIS GAME ,,,
WITH OPEN EYES AND FULL UNDERSTANDING ! ! !

You are on the right path sir ,,,

your English is 100% perfect also ,,,

Cheers
George

Good to see that you keep returning to read the master.........

This post...just one t

1. https://cdn-assets.faireconomy.media...ar350887_2.gif skyway
2. Joined Sep 2013 | Status: Member | 911 Posts | Invisible

The project was on-going, and at all times it was made perfectly clear that there was more to come. Steve jumped the gun with the indicators.
He was strongly advised not to go down that route. -----moodybot

Are you kidding, moodybot ?
Or are you using R4m as the fall guy as your convenient excuse to hide the fact that your master never intended to post it to help traders succeed on his thread ?
hing...
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Why am I kidding? Has George placed the project in Journals, or in the bin. No. He keeps adding to it.
Do you honestly think that the project had run its course?
If you think that's it, just a few targets and a PDF that very few have worked out, then you are mistaken.
I would say George has presented 2% of the full in depth knowledge that he has.
I said that the indicator route was the wrong way, it is, but no one listens.
Well Steve has crossed the line in my book.

Is Steve the fall guy?? Who started the indicator thread without a clue how to trade Georges ideas. Who posted the settings, all be it about as useless as tits on a bull!. Who accused me of showing after the event charts? Steve.

You could not possible conceive the amount of information that has been held back since the start of Steve's thread.
And Forget a wisecrack answer. I know what was available, you don't. You really don't.

THIS IS A VERY IMPORTANT EDUCATIONAL POST ,,,

I HIGHLY SUGGEST THAT EVERY SERIOUS TRADER SHOULD READ ,,,,

OUR WONDERFUL FRIEND ANDY PUT UP A POST FEW DAYS AGO ,,,
SOMETHING I FORGOT ALL ABOUT BRINGING TO THE TABLE ,,,
IT IS A VERY VERY IMPORTANT SUBJECT I WISH TO EXPAND ON ,,,

HE POSTED THE EA WITH THE RESULTS ON IT ,,,

THERE WAS SOMETHING VERY SIGNIFICANT ABOUT THE RESULTS ,,,
AND IN PARTICULAR THE DAY WITH THE WHITE BOX ,,,

THAT DAY ,,,
ANDY CHANGED THE SETTINGS TO TAKE INTO ACCOUNT THE ,,
NEW GENERATION APPROACH ,,,, THAT
WE ARE NOW APPLYING TO THE EA SETTINGS ,,,
ANDY WENT OUT TO DO THINGS ,,,

ANDY CAME BACK HOME ,, AND ,,
HOOOOOLY DOOOOLY ,,,
THAT EA HAD TAKEN FEW HUNDRED ENTRIES ,,,,
OPEN CLOSE OPEN CLOSE ,,,
CLOCKING FEW HUNDRED PIPS INTO DRAWDOWN ,,,,

IMMEDIATELY THE SETTINGS WERE PUT BACK TO ORIGINAL SETTINGS ,,,

THE CURRENT EA GUTS ARE NOT PROGRAMMED ,,,
TO ACCOMODATE WHAT GEORGE'S NEW FINDINGS AND APPROACH ,,,

THE EA OF COURSE WENT BACK TO DOING ITS THING ,,,

NOW HERE IS THE IMPORTANT MESSAGE IN ALL OF THIS ,,,

THE EA HAD CLOCKED FEW HUNDRED PIPS LOSS ,,,
THE PIP COUNT IS STILL SHOWING -61 PIPS (MINUS 61 PIPS ) ,,, YET ,,,
THE DAYS BALANCE IS POSITIVE $141 DOLLAR ,,,

A FULL RECOVERY PLUS ADDING PROFITS ON TOP OF THE LOSSES ,,,,
AN EA HAVING A NEGATIVE NET PIP BALANCE ,, BUT ,,,,
A DOLLAR VALUE POSITIVE ! ! !

HOW IS THAT POSSIBLE ???

ABSOLUTELY ,, IT IS POSSIBLE ,,,
THE HISTORY IS RECORDED IN THE PICTURE ! ! !

THE MESSAGE HERE IS THIS ,,,,
THIS IS THE POWER OF THE CORRECT KNOWLEDGE APPLIED TO THE THINGS WE DO ON THIS PROJECT ,,,,
THAT IS THE OUTCOME OF INNOVATIONS APPLIED ,,,,
THAT IS THE POWER OF PROPER MONEY MANAGEMENT APPLIED ,,,,
THAT IS THE POWER OF PROPPER TRADING STRATEGY APPLIED ,,,

ANYONE CAN BUILD AN EA ,,,, BUT ,,,,
NOT EVERYONE KNOWS HOW TO TRADE ,,,,,

BUT ,,,
WHEN AN EA IS BUILT ON THE THEORIES OF ,,,
PEOPLE WHO HAVE ,,
MASTERED THE ART OF TRADING ,,, IS ,,,,
A COMPLETELY DIFFERENT GAME ! ! ! !

HOPE THIS HELPS SOME AS TO HOW YOU SHOULD PLAN UR TRADING JOURNEY ,,,,
A PROPER MONEY MANAGEMENT PLAN ,,, COUPLED WITH THE PROPER TRADING STRATEGY ,,,,
ALL CORRELATED TO THE PROPER LEVEL OF KNOWLEDGE AND EXPERIENCE APPLIED ,,,,
IS THE PERFECT RECIPE FOR SUCCESS ! ! ! !

FEW TRADERS HAVE SEEN GEORGE'S MONEY COMPOUNDING PLAN ,,,
ALSO A BRIEF LOOK INTO GEORGE'S HEDGING PLAN ,,

PLEASE INVEST QUALITY TIME ESTABLISHING BOTH OF THE ABOVE ,,,,
IT WILL SERVE YOU VERY WELL

Cheers
George

Steve makes a very good point that Georges thread was moved to trading Discussions...and that is where it should be.
But, now I wouldn't want to ruffle a few feathers....but....shouldn't his thread be placed in


Platform Tech?
The heading clearly states Indicator, contains no known method and is full of indicators!!!

Just saying, .....wouldn't want to raise any dust somewhere....

IN CONTINUATION TO THE ABOVE POST I HAVE PUT UP ,,,
ABOUT THE EA ,,,, POST 3996

I WOULD LIKE TO RE REMIND YOU OF ANOTHER IMPORTANT POST I HAVE DONE 2 TIMES ALREADY ,,,,

THEY GO HAND IN HAD WITH YOUR TRADING APPROACH ,,,
APPLYING THE CORRECT KNOWLEDGE ! ! !
HERE IT IS AGAIN FOR YOU ALL WONDERFUL PEOPLE ,,,,

THERE IS ALWAYS A REASON FOR EVERYTHING GEORGE DOES ,,,
IT IS ALL ABOUT DEVELOPING TRADERS TO BE ABLE TO STAND ON THEIR OWN FEET ,,,,
AND NOT FOLLOW BLINDLY ,,, WITHOUT A DEEP UNDERSTANDING IN THIS GAME ,,,
THIS IS HOW HOW MASTER TRADERS ARE CREATED ! ! ! !

POST NO 3797

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1. https://cdn-assets.faireconomy.media...ar356900_2.gif George AUS
2. Joined Nov 2013 | Status: Member | 1,135 Posts | Invisible

A very gooood morning to all ,,,

Just want to remind everyone of the importance of the MATHEMATICAL FILTERS LIST ,,,
I am sure I have shared this with u all before ,,,

Anyway ,,
HERE IT IS AGAIN ,,,
IT IS A VERY VERY IMPORTANT PART OF MY INTRA DAY TRADING APPROACH ,,,
IT IS APPLIED AT ALLLL TIMES TO THE PRICE ACTION EVALUATIONS ,,,,,

DOES GEORGE LOOK AT IT ????
ABSOLUTELY NOT ! ! !

GEORGE CREATED THIS ,,,
HE BREATHS IT ,,,,

IT IS IN HIS BLOOD ,,,
GEORGE ONLY DID IT FOR THE BENEFIT OF ALL OTHER TRADERS ,,,
THAT MAY VALUE THE WORK OF OTHERS SHARED WITH THEM ,,,,

You will notice that ,,
GEORGE HAS DELETED ALL OF THE NUMBERS ON IT ! ! !
WHY DID HE DO THAT ??????????????????????
DAAAAAAAAAAAAAAAAAAAAHH ! ! !

If you have NOT worked that out ,,,
Then something is still wrong with your mindset and ,,,
more importantly ,,,
your understanding of the game ,,,,

HERE ARE THE REASONS ,,,
IT IS TO BE TAILOR MADE TO SUITE THE ZONE YOU TRADE FROM ( COUNTRY )
IT IS TO BE TAILOR MADE TO SUIT THE SESSIONS YOU TRADE IN ,,,,
IT IS TAILOR MADE TO SUITE THE PAIRS YOU TRADE ( THE MOST IMPORTANT POINT )

EACH TRADER NEEDS TO FILL IN THE NUMBERS TO SUIT THE 3 ABOVE CRITERIA LOVELY PEOPLE ! ! ! !

THE GJ WOULD HAVE DIFFERENT NUMBERS THAN THE GU FOR EXAMPLE ,,,

Hope this helps many ,,,,

Cheers
George

Good Evening All,

I find it quite comical and disturbing the lies and insinuations coming from others...in regards to "how George trades"
How he uses TMAs ..Hedging etc etc... all from those that really havent a clue How George and others like myself and Andy
trade.

I see posts saying that hedging/grids are whats used to be profitable....and that is simply untrue.
Not all of us use them.

I must say in all my time trading Georges methods I have not used a single grid/hedge....
Hundreds and hundreds and hundreds of trades... Not one hedge..Over a 95% win rate for those that like those #s lol... And zero trades held overnight...only thousands upon thousands of green pips.

Zero GRIDS AND OR HEDGING .. And I DONT USE EAs..

Will I share my money mgmt methods... Not publicly no.

One has to think.... Why would a professional trader EVER show his complete hand publicly to others including the MM ?

The answer is YOU DONT ! ONLY A FOOL WOULD DO THAT !

We all need to develop our own approach that works for us...

This is where experience comes in.... If one thinks that an Indicator is the answer..is the holy grail...Well may i recommend
heading over to MR Robots thread...Otherwise study what is here from professional traders....Not noobies who frankly havent a clue.

Wish you all the best !

Cheers
Kevin

Sorry George but I haven't got the time to look into that.
Can you attach an indicator please................

IT SURE IS NICE TO BE LAYING BACK IN MY TRADING ARMCHAIR ON A SUNDAY MORNING ,,
ENJOYING SHARING SOME IMPORTANT THINGS ,,,,
FOR THE BENEFIT OF ,,,
ALL OF THE WONDERFUL FAMILY MEMBERS WITH A CLEAR MIND ,,
WHILE THE MARKET IS CLOSED hahahahaha

AS YOU CAN ALL SEE ,,
THE ABOVE MATHEMATICAL FILTER DOES INCLUDE THAM TRADING ,,,,
BUT ,,
WOULD LIKE TO REMIND YOU ALL ,,,

TARGET TRADE IS STILL THE MOST IMPORTANT PART OF THE THEORIES GEORGE SHARED HERE ,,,,
ON THE PHYSICAL / MECHANICAL SIDE OF HIS TRADING ,,,

THAT IS WHY THAT MATHEMATICAL FILTER IS HEADED WITH THE WORDS ON IT ,,,

TARGETS ,, TARGETS ,,, TARGET ,,,, ARE ,,,
THE FOUNDATION TO THE TMA THEORIES ,,, AND ,,,
MUST BE TAKEN INTO ACCOUNT ,,, BEFORE ,,,,
ANY OTHER RULE OR FILTER ! ! ! !

HOPE THIS WILL HELP YOU TO KEEP FOCUSED ON WHAT IS IMPORTANT ! ! !

Cheers
Ceorge