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Price action at the core / tma intra day

  • #4,321
  • Jun 15, 2019 4:31pm Jun 15, 2019 4:31pm
Quoting bluesteele
Congratulations to George and Djamal (FractalFreak) !! Well done on the Podcast/trading discussion... What a great way to reach and help more traders. True Professionalism from Professional traders. I must say BOTH of you have been a big part of helping me discover the "REALITIES" of this market. Keep up the good work ! Cheers Kevin

I second that Kevin.
Nothing else to add.
George and Djamal are absolutely correct.
Professional approach and attitude.
Great podcast.
We both know that the TMA with two lines drawn on a chart showing the psychology of the MM is all that is required to trade.
My trading has changed dramatically over the last few months and it has come from this thread.

Andy
  • #4,322
  • Jun 15, 2019 4:45pm Jun 15, 2019 4:45pm
Quoting moodybot
{quote} I second that Kevin. Nothing else to add. George and Djamal are absolutely correct. Professional approach and attitude. Great podcast. We both know that the TMA with two lines drawn on a chart showing the psychology of the MM is all that is required to trade. My trading has changed dramatically over the last few months and it has come from this thread. Andy
agree....these targets are also fractal in nature (i.e. you can apply SCALE to these "manipulative practices" also). A 20 pip Loss Hedge with say 40pip TP could also be equally powerful with a 4pip SL and 20pip TP on a 20 second chart. These algos are doing it in ALL fractal levels apparent even on NQ using a 5 second or 20 second chart RIGHT AT market open. I have no idea how at market open when millions of orders flow in on a centralized exchange! These mofos are churning gazilians every second of every minute imo.
Staying in my lane...
  • #4,323
  • Jun 15, 2019 5:00pm Jun 15, 2019 5:00pm
Quoting George AUS
A VEEEEERY GOOD AUSSIE EVENING TO ALL OF YOU WONDERFUL PEOPLE ,,,,, MR D HAS UPLOADED THE PODCAST RECORDING ON YOUTUBE ,,,, IT IS THE FIRST OF FEW TO COME ,,,, WE ARE HOPING IT WILL BE DONE ON A WEEKLY BASE ,,, WHAT I AM GOING TO TRY AND DO IS ,,,, EXTEND THE KNOWLEDGE THAT HAS BEEN SHARED HERE ON THE PROJECT ,, IN VOICE ,, AND SOME PICTURES ,,,,,AND ,, CHARTS EXAMPLES THAT GEORGE CAN EXPLAIN ON THE SCREEN ,,, I AM SURE MANY WILL FIND ALOT OF BENEFIT TO THAT ,,, PLEASE NOTE THE FOLLOWING ,, THE FIRST PODCAST WAS ONLY AN INTRODUCTION TO WHAT WE ARE...
Nice !
“Stops don’t limit profits — they prevent disasters.”
  • #4,324
  • Jun 15, 2019 6:12pm Jun 15, 2019 6:12pm
Thank You for the podcast
  • #4,325
  • Jun 15, 2019 6:56pm Jun 15, 2019 6:56pm
A VEEEEEERY GOOD AUSSIE MORNING TO ALL ...

WOULD LIKE TO EXTEND MY THANKS AND APPRECIATION FOR ,,,,
THE KIND WARM HEART FILLED EXPRESSIONS EXTENDED BY ALL OF YOU WONDERFUL PEOPLE ,,,
WRITTEN AND OTHERWISE ! ! !
SITTING HERE ENJOYING MY BREAKFAST ,,, READING THE FEELINGS EXPRESSED BY ALL OF YOU ,,,,
BRINGS ALOT OF JOY TO MY HEART ,,,,
IT IS SO REFRESHING TO KNOW ,,, THAT THE PURPOSE OF THIS AMAZING ...
PROJECT OF INNOVATION HAS REACHED THE TARGET IT WAS DESIGNED TO DO ,,, AND THAT IS ,,,
OPEN THE EYES AND MINDS OF ALL FELLOW TRADERS TO ,,,
ALL OF THE LIES THAT HAVE BEEN FED TO US ,,,, IN THE AIM TO ,,
MISLEAD ALL OF US ,,, TO OUR FINANCIAL DESTRUCTION ! ! ! ! !

Cheers
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #4,326
  • Jun 15, 2019 7:17pm Jun 15, 2019 7:17pm
Good Morning Sir George.

Thanks for the amazing work you put in for us all.
Hope you're having a fabulous weekend.

Cheers.
  • #4,327
  • Jun 15, 2019 7:23pm Jun 15, 2019 7:23pm
[quote=George AUS;12331377]A VEEEEEERY GOOD AUSSIE MORNING TO ALL ... WOULD LIKE TO EXTEND MY THANKS AND APPRECIATION FOR ,,,, THE KIND WARM HEART FILLED EXPRESSIONS EXTENDED BY ALL OF YOU WONDERFUL PEOPLE ,,, WRITTEN AND OTHERWISE ! !

Morning Uncle G and everyone.

Thank you George and Djamal for the podcast, looking forward to future ones.

The podcast reminded me of my younger days as a boy scout, sitting around a campfire, listening to our leaders, so my mindset is now returning to the campfire, and paying full attention to you two.

Thanks a million.
Uncle B
  • #4,328
  • Jun 15, 2019 7:52pm Jun 15, 2019 7:52pm
What a terrific start to a Sunday. Thank you George and Djamal for the podcast. It reinforces everything. I look forward to any (many) more that come our way.
  • #4,329
  • Edited 9:26pm Jun 15, 2019 7:57pm | Edited 9:26pm
Quoting George AUS
Hello Cuong ,, Thank you for the warm words ,,, Welcome aboard sir ,,, TIME ,,, IS THE ESSENCE TO EVERYTHING IN LIFE ! ! ! ! MASTERY CAN BE ACHIEVED ,,,, IF THERE IS DETERMINATION AND COMMITMENT MADE TO WANT TO MASTER IT ! ! ! ! Cheers George
Thank you for welcoming me to FF, George.
Hello to everyone in FF. Yes this is only my second post here but actually I have started trading from 2006. I was very active in Oanda forum for several years long ago. Lose a lot for about 5 years. Then I lose less and some months win big. On and off for another 4-5 years. Then it has been better after that. I think the reason it took me so long is because I don't have enough time (per week) to spend on this for a deep thinking or experimenting lots of ideas I have. Recently I have more time to spend on this and developed some EAs that are profitable, let them run so that I need less time to watch the screen and more time to experiment and to learn more from the experts. I found you, George! I will read to understand your price action prediction and try to put it into code.

Thank you again George and hello again to everyone.

Cuong
  • #4,330
  • Jun 15, 2019 8:18pm Jun 15, 2019 8:18pm
Hi George,

Listening to what you have stated in your Pod Cast so far it seems that you do not trade with SL's and for the most part (98% of the time) your TP's are reached, but based on your strategy when these TP's aren't reached you start to employ Hedge trades to limit drawdown until your next reversal level is reached. Where I assume you start closing the Hedge trades in favor of new reversal trades and once the basket/grid of trades gets to BE or some profit % you close all and look for your next setup.

Am I generally correct?
Some people say I'm lucky, but the more I practice the luckier I get
  • #4,331
  • Jun 15, 2019 8:22pm Jun 15, 2019 8:22pm
Quoting George AUS
A VEEEEEERY GOOD AUSSIE MORNING TO ALL ... WOULD LIKE TO EXTEND MY THANKS AND APPRECIATION FOR ,,,, THE KIND WARM HEART FILLED EXPRESSIONS EXTENDED BY ALL OF YOU WONDERFUL PEOPLE ,,, WRITTEN AND OTHERWISE ! ! ! SITTING HERE ENJOYING MY BREAKFAST ,,, READING THE FEELINGS EXPRESSED BY ALL OF YOU ,,,, BRINGS ALOT OF JOY TO MY HEART ,,,, IT IS SO REFRESHING TO KNOW ,,, THAT THE PURPOSE OF THIS AMAZING ... PROJECT OF INNOVATION HAS REACHED THE TARGET IT WAS DESIGNED TO DO ,,, AND THAT IS ,,, OPEN THE EYES AND MINDS OF ALL FELLOW TRADERS TO ,,, ALL OF...
Hi Sir,

Everyone that I studied forex trading from had burned it into my mind that the forex market unlike the stock markets is too big to be manipulated and that price moves in a random fashion and that forex trading is a game of numbers. As long as your R:R is 2:1 you will come out on top even if you have 40% winners against 60% losses. What a deception that was.

It has been a long walk (to freedom) from Baby pips.com through Steve Nison, Candlecharts.com, Beacon Learning Group (BLG) and countless others to
the true Master.

Thank you sir for finally opening my eyes to the reality of this game.

I repeat - THIS IS THE "EMERALD TABLET" OF THE FOREX WORLD.

Thanks again

PS: If you do not like this post please do not hesitate to minimize it sir.

Rajnidas
  • #4,332
  • Jun 15, 2019 8:51pm Jun 15, 2019 8:51pm
Quoting Robot Trader
Hi George, Listening to what you have stated in your Pod Cast so far it seems that you do not trade with SL's and for the most part (98% of the time) your TP's are reached, but based on your strategy when these TP's aren't reached you start to employ Hedge trades to limit drawdown until your next reversal level is reached. Where I assume you start closing the Hedge trades in favor of new reversal trades and once the basket/grid of trades gets to BE or some profit % you close all and look for your next setup. Am I generally correct?

Hello Mr Incognito ,,,,
Sorry sir ,,
WE DID NOT CATCH YOUR NAME ! ! !
It would be a good gesture i think ,,,

Sorry ,,,
We did NOT catch ur name sir ,,,

Sadly ,,
george does NOT discuss his trading plan with anyone ,,,
It is HIS PERSONAL PROPERTY ! ! !

MANY LESSONS HAVE BEEN LEARNT LATELY ! ! ! !

Certain things need to be protected from ,,,
The Irrational actions of many Amateurs and Ignorants out there in the public forums ,,,

P.S.
IT WAS BROUGHT TO MY ATTENTION THAT ,,,,
YOU HAVE GOT EVERYTHING WORKED OUT TO THE T ! ! ! !
IS THE INFORMATION PASSED ONTO GEORGE CORRECT ????

Cheers
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #4,333
  • Jun 15, 2019 9:01pm Jun 15, 2019 9:01pm
Quoting George AUS
A VEEEEEERY GOOD AUSSIE MORNING TO ALL ... WOULD LIKE TO EXTEND MY THANKS AND APPRECIATION FOR ,,,, THE KIND WARM HEART FILLED EXPRESSIONS EXTENDED BY ALL OF YOU WONDERFUL PEOPLE ,,, WRITTEN AND OTHERWISE ! ! ! SITTING HERE ENJOYING MY BREAKFAST ,,, READING THE FEELINGS EXPRESSED BY ALL OF YOU ,,,, BRINGS ALOT OF JOY TO MY HEART ,,,, IT IS SO REFRESHING TO KNOW ,,, THAT THE PURPOSE OF THIS AMAZING ... PROJECT OF INNOVATION HAS REACHED THE TARGET IT WAS DESIGNED TO DO ,,, AND THAT IS ,,, OPEN THE EYES AND MINDS OF ALL FELLOW TRADERS TO ,,, ALL OF...
Hi George

Great job, looking forward to hearing the rest of your great knowledge being shared around to fellow traders.
It will also be great for visual learners to see on a chart how you map the market and take those trade setups at the targets.
Also many thanks to Djamal for his work on the podcast.

I am also looking forward to hearing your voice beaming TARGETS- TARGETS -TARGETS!

Cheers Rick
Trading thin liquidity at the boundary of the charts
  • #4,334
  • Jun 15, 2019 9:07pm Jun 15, 2019 9:07pm
Quoting George AUS
{quote} Hello Mr Incognito ,,,, Sorry sir ,, WE DID NOT CATCH YOUR NAME ! ! ! It would be a good gesture i think ,,, Sorry ,,, We did NOT catch ur name sir ,,, Sadly ,, george does NOT discuss his trading plan with anyone ,,, It is HIS PERSONAL PROPERTY ! ! ! MANY LESSONS HAVE BEEN LEARNT LATELY ! ! ! ! Certain things need to be protected from ,,, The Irrational actions of many Amateurs and Ignorants out there in the public forums ,,, P.S. IT WAS BROUGHT TO MY ATTENTION THAT ,,,, YOU HAVE GOT EVERYTHING WORKED OUT TO THE T ! ! ! ! IS THE INFORMATION...
Hi George,

You know my name through exchange of PM"'s but like many on FF I do not use it on a public Forum, so R.T is good.

I have tried to automate reversal trading, but can only do it successfully when manual trading which I do not want to do fulltime.

With respect to your comment "You have got everything worked out" then yes that would be correct, but I follow the money and don't look to trade reversals within my automated EA and yes it works wherever there is movement and can filter out no movement.

Regards

R.T.
Some people say I'm lucky, but the more I practice the luckier I get
  • #4,335
  • Jun 15, 2019 9:22pm Jun 15, 2019 9:22pm
Quoting Robot Trader
{quote} Hi George, You know my name through exchange of PM"'s but like many on FF I do not use it on a public Forum, so R.T is good. I have tried to automate reversal trading, but can only do it successfully when manual trading which I do not want to do fulltime. With respect to your comment "You have got everything worked out" then yes that would be correct, but I follow the money and don't look to trade reversals within my automated EA and yes it works wherever there is movement and can filter out no movement. Regards R.T.

Hello Mr R ,,,
That is great news for you sir ,,,

You just stated that you have got it worked out fully manually trading it ,,,
SO ,,,
If that is the case ,,,,
why dont you do what George has done ,,,,
AUTOMATE manual strategy into an EA like George has done ! ! ! !

How simple is that ??????
George has invited you to sit with him ,,,, BUT ,,,
like the many ,,,,
You have never made the effort ,,,

Cheers
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #4,336
  • Jun 15, 2019 9:26pm Jun 15, 2019 9:26pm
Quoting Robot Trader
{quote} Hi George, You know my name through exchange of PM"'s but like many on FF I do not use it on a public Forum, so R.T is good. I have tried to automate reversal trading, but can only do it successfully when manual trading which I do not want to do fulltime. With respect to your comment "You have got everything worked out" then yes that would be correct, but I follow the money and don't look to trade reversals within my automated EA and yes it works wherever there is movement and can filter out no movement. Regards R.T.
Just to say it, there is no need to wait for reversal trade to exit the hedged trade. That would be just inefficient use of margin ( meaning....floating loss equates to reduction in Equity which lessons the available margin to recover that floating loss)

I truly think hedging is banned in US just for this reason....it nicely allows you to trap the manipulator. Couple that with FIFO and it becomes a even harder proposition to beat this system. You guys are missing the word "INNOVATION" in George's message. Innovation is on his entries, real time trade management and MM compounding plan imo
Staying in my lane...
  • #4,337
  • Jun 15, 2019 9:27pm Jun 15, 2019 9:27pm
Quoting RickM
{quote} Hi George Great job, looking forward to hearing the rest of your great knowledge being shared around to fellow traders. It will also be great for visual learners to see on a chart how you map the market and take those trade setups at the targets. Also many thanks to Djamal for his work on the podcast. I am also looking forward to hearing your voice beaming TARGETS- TARGETS -TARGETS! Cheers Rick

Howdy Rick ,,,
Thank you ,,,, and everyone for the kind words ,,,

Dont worry sir ,,
Everything that has been documented here ,,,
WILL BE shared in voice and with chart examples

This series will be of a great help to many fellow traders ,,,

Cheers
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #4,338
  • Jun 15, 2019 9:45pm Jun 15, 2019 9:45pm
Quoting VEEFX
{quote} Just to say it, there is no need to wait for reversal trade to exit the hedged trade. That would be just inefficient use of margin ( meaning....floating loss equates to reduction in Equity which lessons the available margin to recover that floating loss) I truly think hedging is banned in US just for this reason....it nicely allows you to trap the manipulator. Couple that with FIFO and it becomes a even harder proposition to beat this system. You guys are missing the word "INNOVATION" in George's message. Innovation is on his entries, real...
Hello Mr VEEEEE ,,,

What people dont understand is this ,,,

Hedging is NOT needed ,,,,
George choses to use it ,,,,,
Infact the use of a stop loss used is actually CHEAPER ,,, than hedging ,,,, for those who get bogged in small costs related the opposite side being activated ( hedge porder ) ,,,
It is NOT about using a hedge OR a stop loss ,,,,
Is is ALL based on the level of knowledge the TRADER has to be able to put together A ROBUST TRADING PLAN ,,,
CODERS ,,, can NOT build consistent EA's for Toffee ,,,, THEY ARE NOT TRADERS ! ! ! !

This is a TRADING business ,,,,, Not an Amateur's guessing game ! ! ! !

I am totally directing this ,,, to any CODER ,,, who is NOT a trader ,,,, TRYING to succeed in this game ,,,,,
And Forums are full of such Ignorance of the reality of this game ! ! ! !

Cheers
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #4,339
  • Jun 15, 2019 9:54pm Jun 15, 2019 9:54pm
Quoting Robot Trader
{quote} Hi George, You know my name through exchange of PM"'s but like many on FF I do not use it on a public Forum, so R.T is good. I have tried to automate reversal trading, but can only do it successfully when manual trading which I do not want to do fulltime. With respect to your comment "You have got everything worked out" then yes that would be correct, but I follow the money and don't look to trade reversals within my automated EA and yes it works wherever there is movement and can filter out no movement. Regards R.T.
Hi RT

Could it be possible that there is no money to follow?
The real money comes from traders, banks, institutions, in their various forms, placing stops at differing levels.
The algo has conveniently preset the levels in advance ready for collection.
The only money within the market is where the stops are placed, and that is the target of the Market Makers Algorithm.
Following the money should be reworded as..... placing our stops highlighted by the Algorithm...and 95% of people do this.
I have never been able to to get an EA to run consistently ''trend following''....because the EA is being drawn into the stops....dogs seem to be in vogue at the moment, so it's like the dog taking the owner for a walk.

Andy
  • #4,340
  • Jun 15, 2019 11:31pm Jun 15, 2019 11:31pm
Quoting George AUS
{quote} Hello Mr VEEEEE ,,, What people dont understand is this ,,, Hedging is NOT needed ,,,, George choses to use it ,,,,, Infact the use of a stop loss used is actually CHEAPER ,,, than hedging ,,,, for those who get bogged in small costs related the opposite side being activated ( hedge porder ) ,,, It is NOT about using a hedge OR a stop loss ,,,, Is is ALL based on the level of knowledge the TRADER has to be able to put together A ROBUST TRADING PLAN ,,, CODERS ,,, can NOT build consistent EA's for Toffee ,,,, THEY ARE NOT TRADERS ! ! ! !...
Agree George. Advanced traders can make it work with SL or noSL(hedged) but does it really make sense to use SL within the bands of manipulation zone i.e. become the herd when you are trying to avoid being taken out my manipulative practices from the market maker. I think no matter how much expertise anyone brings on the table, using SL will have an 'impact' towards consistency when compared with hedged trades. Perhaps for average lotsize traders it may not matter much but with 10lot+position size, SL will make a dent to atleast some trading statistics measures important to the growth of equity. What DJ was saying regarding winrate, trade frequency and RR, SL or noSL will matter imo, how you scalein/out will matter, how much far you let the initial entry go against you will matter. That is where experience, emotional stability and mental toughness plays a key role and not just knowledge or total hours. Most EAs coders expect a fixed set of rules and that is why EAs fail. Without brute force and mass scale volumetric trapping tactics with flexibility and volatility based scaling of grids, there is no chance of EAs to survive beyond a year or two. This is also the reason why most single pair, single timeframe, fixed-rule based click here and get out there type strategies fail. They cannot adopt like humans.

It's okay to like or dislike my posts and avoid pain caused by typing. I completely understand the effects of typing on our body :-
Staying in my lane...
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