Price action at the core / tma intra day | Page 212 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

TMA Reality Tour 116 replies

Happs with TMA Trading Journal 25 replies

Is it possible to get a sound on TMA when touched by price? 4 replies

MTF TMA 287 replies

SnakeForce - simple TMA with alert? 3 replies

Attachments: Price action at the core / tma intra day
Exit Attachments

Price action at the core / tma intra day

  • #4,221
  • Jun 13, 2019 5:39pm Jun 13, 2019 5:39pm
Hi everyone,

How perfectly the MM moved prices lower to take out the lower herd mentality zone in the GJ

Wow unbelievable!!!

Thank you George. You are a genius.

Attached is the GJ 15M chart

Rajnidas
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15.png Size: 33 KB
  • #4,222
  • Jun 13, 2019 5:52pm Jun 13, 2019 5:52pm
Quoting George AUS
{quote} Sadly Cold weather does not go down well with George ,, due to the Blood thinners I take ,,, Besides I am a Summer person ,,, Thats why I love Perth as it has a very Mediterranean style weather ,, DO NOT LIKE MELBOURNE'S COLD CLIMATE ! ! ! Cheers George
Oi!!! Nothing wrong with Melbournes wet, windy climate.. and yes, the jet engine on the roof is running to heat up the outside..slight lack of insulation... quality build!!
  • #4,223
  • Jun 13, 2019 6:24pm Jun 13, 2019 6:24pm
good morning everyone,

im trying to apply the herd mentality but it seems i made a big mistake.....and im in a big mess....can anybody help me...this is my live acct....and in big big draw down...is there a chance to get out of these mess with minimal loss???? thanks for any comment..
michael
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDM15-14-06-19.png Size: 233 KB
  • #4,224
  • Jun 13, 2019 6:42pm Jun 13, 2019 6:42pm
GEORGE WOULD LIKE TO EXPRESS THE HAPPINESS ,,,
HE WAS GREETED WITH THIS MORNING TO WAKE UP TO ,,,,
SOME AMAZING POSITIVE ACTIVITY HAPPENING HERE WITH THE COMPLIMENTS OF ,,,,
SOME WONDERFUL HARD WORKING FELLOW TRADERS ,,,

THAAAAAAANK YOU ALL FOR A GREAT MORNING ! ! !

THERE IS NO CHEAP WAY OUT MASTERING ANYTHING IN LIFE ,,,
DEDICATION ,, PERSISTENCE ,,,, AND MOST IMPORTANTLY ,,,,
THE UNCONDITIONAL COMMITMENT AND DECISION TO WANT TO MASTER IT ! ! ! !

GREAT STUFF PEEPS ,,,
KEEP UP THE ENERGY ,,,

YOU WILL BECOME MASTERS OF THE ART OF TRADING ,,
DO NOT EVER DOUBT THAT ! ! ! !

Cheers
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #4,225
  • Jun 13, 2019 6:49pm Jun 13, 2019 6:49pm
Quoting Daniel2775
Ok Im starting to open my eyes and I just want to say thanks to George today has been my most consistent day yet and 100% of trades won totalling 80 pips. {image}

DANIEL ,,,

YOU ARE A DREAMER ,,,
YOU ARE A LIAR ,,,,
YOU ARE THE BIGGEST EGOISTIC PERSON OUT

HOW DARE YOU SAY YOU CAN ACHIEVE 100% SUCCESS WITH ALL OF YOUR TRADES ,,,
IT CAN NOT BE DONE ,,,
YOU ARE NOT ALLOWED TO SAY THAT SIR ,,,,
GET REAL ABOUT YOURSELF FOR HEAVEN'S SAKE ,,, AND
STOP MAKING FALSE CLAIMS ! ! ! !

IF 98% AND 99% CAN NOT BE ACHIEVED ,,,,
HOW CAN YOU CLAIM 100% DANIEL ??????
GIVE ME A BREAK PLEASE ! ! ! !

DANIEL SIR ,,
YOU ARE AMAZING ,,,AND ,,,
AND INSPIRATION TO SAY THE LEAST ,,,,

THANK YOU FOR YOUR KIND WORDS SIR ,,,

MASTERY CAN BE ACHIEVED ,,,,
YOU ARE PROVING IT HERE TODAY ! ! ! !

KEEP UP THE GREAT WORK ! ! ! !

Cheers
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #4,226
  • Jun 13, 2019 7:12pm Jun 13, 2019 7:12pm
Quoting purdoy81
good morning everyone, im trying to apply the herd mentality but it seems i made a big mistake.....and im in a big mess....can anybody help me...this is my live acct....and in big big draw down...is there a chance to get out of these mess with minimal loss???? thanks for any comment.. michael {image}

Michael ,,,

Thank you for your Input ,,,

Sadly george can NOT help you with the draw down you have created with your LIVE account ,,,

BUT ,,,
George would like to bring your attention to some pointers he has noticed on your chart ,,,
in the hope that ,,,
it will help YOU to start building a better understanding of what needs to be done ,,,
SORRY I WILL SOUND HARD ,,,
I NEED TO WAKE YOU TO THE REALITY YOU HAVE BLINDED TO ,,,
IT IS NOT DIRECTED AT MICHAEL ,,,
IT IS AS ALWAYS ,,, DIRECTED AT MICHAEL'S ACTIONS AND HABITS ! ! ! !

= GET RID OF THE USELESS TRASH SITTING ON THE BOTTOM OF YOUR CHART ( THE INDICATORS )
= GET RID OF THAT USELESS MULTIPLE BAND TMA ON YOU 15 MNT CHART ,,,

You need to establish an understanding in this trading Arena ,,,
You need to have a good Trading plan IF you are planning to trade multiple entries like you are doing ,,,
You need to have a good compounding plan of entries ,,, based on ,,,
FULL UNDERSTANDING of the psychology and price ,,,

ORDER STACKING WITHOUT UNDERSTANDING WHY ,,,
IS A DANGEROUS AND CARELESS BEHAVIOR ! ! ! !

TRADING A LIVE ACCOUNT BEFORE ,,,
MASTERING THE ART OF TRADING IS VERY FOOLISH ,,,
Forgive me for my words ,, THEY ARE NOT PERSONAL ,,,
DEMO ACCOUNT TRADING IS A MUST FOR EVERY TRADER ,,, UNTIL ,,,
THEY CAN TRADE WITH CONSISTENCY ,,, MINIMUM 95% ,,,
DAY AFTER DAY FOR AT LEAST 2 TO 3 MONTHS

The 15 MNT ,,HOURLY and 4 Hourly ONLY need 2 band TMA as i explained in my posts ,,,

CLARITY IS OF EXTREME IMPORTANCE ,,,
THE USE OF MANY INDICATORS IS EXTREMELY LETHAL ,, IF ,,
THE TRADER HAS NOT ESTABLISHED A FULL UNDERSTANDING OF THE GAME ,,, AND ,,,
UNDERSTANDING THE JOB THEY DO FOR HIM ,,,,
HENCE THE FAILURE / LACK OF CONSISTENCY AMONGST THE MAJORITY OF TRADERS ,,,

SIMPLICITY ,, SIMPLICITY ,, SIMPLICITY ! ! ! !

Hope this helps sir ,,,

Cheers
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #4,227
  • Jun 13, 2019 7:17pm Jun 13, 2019 7:17pm
Quoting rajandaas
Hi everyone, How perfectly the MM moved prices lower to take out the lower herd mentality zone in the GJ Wow unbelievable!!! Thank you George. You are a genius. Attached is the GJ 15M chart Rajnidas {image}
With respect, what was your plan if price has spiked up? 5 trades at 1% risk could result in a quick 5% DD also (assuming you used a hard SL for each of your trades)

Evidence of my repainting skills that I am not an artist, chartist or anything in-between lol
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 173 KB
Staying in my lane...
  • #4,228
  • Jun 13, 2019 7:37pm Jun 13, 2019 7:37pm
Quoting George AUS
{quote} Michael ,,, Thank you for your Input ,,, Sadly george can NOT help you with the draw down you have created with your LIVE account ,,, BUT ,,, George would like to bring your attention to some pointers he has noticed on your chart ,,, in the hope that ,,, it will help YOU to start building a better understanding of what needs to be done ,,, SORRY I WILL SOUND HARD ,,, I NEED TO WAKE YOU TO THE REALITY YOU HAVE BLINDED TO ,,, IT IS NOT DIRECTED AT MICHAEL ,,, IT IS AS ALWAYS ,,, DIRECTED AT MICHAEL'S ACTIONS AND HABITS ! ! ! ! = GET RID OF...
Hello George,

WoW..... thats a quick response from the master......thank you very much ......appreciate it highly.....

Yes i accept it that my action was a very foolish.....and in plain language a very stupid thing to do .......

Your advice is very encouraging and that will be the very next thing for me to do to rewire my brain neurons.....thanks good day to you

michael
  • #4,229
  • Jun 13, 2019 7:48pm Jun 13, 2019 7:48pm
Quoting purdoy81
{quote} Hello George, WoW..... thats a quick response from the master......thank you very much ......appreciate it highly..... Yes i accept it that my action was a very foolish.....and in plain language a very stupid thing to do ....... Your advice is very encouraging and that will be the very next thing for me to do to rewire my brain neurons.....thanks good day to you michael

Michael ,,
Thank you sir for ur words ,,
Please read your private message ,,
cheers
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #4,230
  • Jun 13, 2019 8:10pm Jun 13, 2019 8:10pm
Quoting George AUS
{quote} Michael ,, Thank you sir for ur words ,, Please read your private message ,, cheers George
Hi George

thank you..

michael
  • #4,231
  • Jun 13, 2019 8:30pm Jun 13, 2019 8:30pm
Quoting purdoy81
good morning everyone, im trying to apply the herd mentality but it seems i made a big mistake.....and im in a big mess....can anybody help me...this is my live acct....and in big big draw down...is there a chance to get out of these mess with minimal loss???? thanks for any comment.. michael {image}
This is my first time on this thread and was just browsing, sorry to see that you are in such a big draw down. For our sake I hope I am wrong but, I think this will go up another 100 pips. For future I suggest that you take trades in other unrelated pairs to minimize your risk rather than keep adding positions on one pair.
  • #4,232
  • Jun 13, 2019 9:13pm Jun 13, 2019 9:13pm
Quoting purdoy81
good morning everyone, im trying to apply the herd mentality but it seems i made a big mistake.....and im in a big mess....can anybody help me...this is my live acct....and in big big draw down...is there a chance to get out of these mess with minimal loss???? thanks for any comment.. michael {image}
Rule number one: ALWAYS, ALWAYS, ALWAYS, ALWAYS, ALWAYS use STOP LOSS!!!!!!!!!!!!!! Always no matter what. Risk ONLY 1% of your account. Get rid of the indicators at the bottom and get rid of those moving averages. Zoom in a bit on candlesticks so you can see chart clearly. How much are you in your drawdown and how much do you have left? You have to give more details in order we can only give you our OPINION, you will have to make a best decision that you think is best for you.

You have to learn and understand where price is turning up or down. Don't fight with market you are going to lose. I have attached my chart just an example. I have two moving averages and accelerator oscillator which can help with changing momentum in the market, as for two MAs I have they can help me with the trend, entry or exit positions. But I can also trade with strictly naked charts. You can always trade on naked charts. Trade safe.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 56 KB
  • #4,233
  • Jun 13, 2019 9:22pm Jun 13, 2019 9:22pm
Quoting VEEFX
{quote} With respect, what was your plan if price has spiked up? 5 trades at 1% risk could result in a quick 5% DD also (assuming you used a hard SL for each of your trades) Evidence of my repainting skills that I am not an artist, chartist or anything in-between lol {image}
Hi VEEFX,

I haven't yet thought of a plan for that eventuality sir. Would you have any suggestions that you would like to share? Now that you have raised that prospect I should think hard about it and come out with a plan. George talks about hedging. I shall try and apply that strategy.

I took 6 trades with a lot size of .05. That works out to less than 1% risk. But that doesn't address the issue of the trade going against me. Thank you for raising the point. If it had gone about 20 pips against me I probably would have got out of the trades.

Sir, Tuvalu is paradise on earth. You are such a lucky and blessed soul to be able to live in such serene and beautiful surroundings. God bless you.

Rajnidas
  • #4,234
  • Jun 13, 2019 9:30pm Jun 13, 2019 9:30pm
so you tell this guy to Get rid of the indicators at the bottom and get rid of those moving averages. but here you say I have two moving averages and accelerator oscillator which can help with changing momentum in the market, as for two MAs I have they can help me with the trend terrible advice just saying
5 traders viewing now