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Price action at the core / tma intra day

  • #4,461
  • Jun 17, 2019 2:47pm Jun 17, 2019 2:47pm
Price at Target as Per post 4403
Price has entered TMA pressure Zone
Will look to trade long.
Target will be the gap.

https://www.forexfactory.com/showthr...0#post12332620
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  • #4,462
  • Jun 17, 2019 2:50pm Jun 17, 2019 2:50pm
Quoting Viktory
{quote} Hi Zoltan, Just wondering something ... If most of the time, "target stripes" work like "magnets for price", like everybody profess here... Well, in addition to use them as "reversal zones", wouldn't it also be profitable to trade following the price on its way towards them? * Even it isn't part of George's strategy Cheers! Víctor
hi Victor,

in short,
and it may just be me,
i like to see that a target/herd mentality area/zone of interest has been reached, and use that for a starting point to look for an entry...
VS.
a target/herd mentality area/zone of interest that may be reached, but at the point of entry it is uncertain.

this is how i understand " wait for the MM to show his hand first".

happy trading!
Zoltan

ps. nothing wrong trading toward targets, only it is not the topic here. plenty thread for trading breakouts. and yes, it can be done profitable too, i am sure.
there is always, always another trade!!
  • #4,463
  • Jun 17, 2019 3:00pm Jun 17, 2019 3:00pm
Quoting moodybot
{quote} Price has to break through the herd mentality, that starts the process. Once it has broken through I find that it hunts a previous high/low a little way past the HM, entry would be from TMA 1min.
And in this case the first low of a new Herd Zone is stealthily being formed in the process.....right Moody?

(Edit: in the higher TF)
  • #4,464
  • Jun 17, 2019 3:04pm Jun 17, 2019 3:04pm
Quoting profitfarmer
{quote} hi Victor, in short, and it may just be me, i like to see that a target/herd mentality area/zone of interest has been reached, and use that for a starting point to look for an entry... VS. a target/herd mentality area/zone of interest that may be reached, but at the point of entry it is uncertain. this is how i understand " wait for the MM to show his hand first". happy trading! Zoltan ps. nothing wrong trading toward targets, only it is not the topic here. plenty thread for trading breakouts. and yes, it can be done profitable too,...

Exactly as Zoltan has just explained.

The ideas that George has presented on this thread are based on..............


1. Price entering and breaking a herd mentality zone...until that point, no trading.
2. After breaking herd mentality zone price continues on to or is at TMA 1min....no trading before TMA entry.
3. Take trade opposite to initial direction through herd mentality zone.... this is a retracement method.
4. Take profit at your convenience.

When price is at or near TMA I like to see price also at a previously unbroken high/low.. hence the purple target line on my chart.

Can price still go against us. Yep. This is trading. But it's the best entry that I have seen.

Andy
  • #4,465
  • Jun 17, 2019 3:09pm Jun 17, 2019 3:09pm
Quoting TopCover
{quote} And in this case the first low of a new Herd Zone is stealthily being formed in the process.....right Moody? (Edit: in the higher TF)
Correct.

My concern at the moment is they may target the Low from January.
Either again the usual manipulation under fast news spike, or the Algo will just work its way down there as its been doing of late.
They spiked it before, again maybe too obvious.
If they do go for it, then they may just do it under normal conditions.

Andy.
  • #4,466
  • Jun 17, 2019 3:09pm Jun 17, 2019 3:09pm
Quoting Techanalyst
{quote} If you were to pay attention to fundamentals analysis, you will understand that GBP, AUD and EUR is bad. So those currencies are going down. I am selling because there is opportunity to sell. When you only use technical analysis and not paying attention to fundamentals, you will not have a lot of winners. You have to pay attention to both. Just take a look at the charts and take a look at the news. You will understand what I mean. As you can see GBPJPY is going down. AUDUSD and EURUSD are going down. I do not have to set up anything on charts...
Techanalyst,

" I have respect for George and his strategy, but that is the strategy he is using, not me. It is not extreme price action it is a price action that works with fundamental analysis. "

Your actions doesn't reflect the fact that you have respect for George. Fundamental Analysis doesn't exist in George's theory. Anyone who is serious about this thread, knows George's theory operates based on certain beliefs after George's many years of study and research:


From Post # 3 by Master George:

"
The thing that I do NOT believe in ,, and they do NOT exist in this game ,,, as they are ONLY a MYTH in trader's minds
= SUPPORT and RESISTANCE
= SUPPLY and DEMAND
= BULLS and BEARS
= NEWS IS ,,, can be used to ABUSE
The market is NEVER ,,,,,
STRONG or WEAK .
BULLISH or BEARISH ,,,, as it is FABRICATED to suit THEIR GOAL.

"

Master George validated his theories many times by giving live calls and showing targets that were way ahead of time. Most importantly, also on the rationale behind the price behavior/live calls. Many here have already found success and many are in the process of seeing it soon.

It is clear, based on your comments that you are a casual reader, perhaps reading few posts here and there. I respectfully agree you have your own opinion about the markets, but your way of looking at the markets aren't in tune with the theme of the thread.

Thanks
  • #4,467
  • Jun 17, 2019 3:11pm Jun 17, 2019 3:11pm
Quoting EcoTrader
{quote} Sure you can, isolated instances that regulations have been quick to respond to. Can you show me mainstream persisted examples? I have worked on regulatory projects for investment banks and I can assure you there is a tremendous amount of control, transparency, and mandatory training along with whistle-blower programs.
Hi EcoTrader , techanalyst , other trolls .
Inserted Video
  • #4,470
  • Jun 17, 2019 3:29pm Jun 17, 2019 3:29pm
Quoting aaven
{quote} Techanalyst, " I have respect for George and his strategy, but that is the strategy he is using, not me. It is not extreme price action it is a price action that works with fundamental analysis. " Your actions doesn't reflect the fact that you have respect for George. Fundamental Analysis doesn't exist in George's theory. Anyone who is serious about this thread, knows George's theory operates based on certain beliefs after George's many years of study and research: From Post # 3 by Master George: " The thing that I do NOT believe in ,, and...
Well said my friend. If people don’t want to follow George don’t believe then they can carry on doing there trading in another thread.

But it what I will say is 1- if you don’t follow this thread or believe in George’s methods then why post BS on his thread. It’s just people trying to kill the theory's.

2- some people clearly haven’t read the thread and jump in trying to get people to follow them, with no understanding I who George is and where he came from.

3- the people in Georges Inner circle no full well manipulation is a fact. It happens every day. The market maker is a business. Money making machine.

4- manipulation isn’t done by many people how could they all agree?! It’s one Algo, one entity.

5- how is it what ever the news release market can go either way? The news gives mR mm a chance to move the market to stop out positions quicker than usual.

6- if you don’t open your eyes unfortunately you will be trolling threads forever and never making it in this world.

7- follow the crowd and lose!

8- fundamentals don’t belong and never will in this thread.

Now enough ugh of the bad blood. Time to eat back to positivity on this thread. If you don’t want to do that, if you don’t want to post things relevant to George and the family then it’s simple. DO NOT POST.

Again to all backing up George and still learning as I am every day. Keep pushing. Work hard enough and one day it will all click into place.

Yes im lucky, yes my mind works quicker and I pick up faster but I’m not the only one.

Lets get back to the topic guys.
  • #4,471
  • Jun 17, 2019 3:31pm Jun 17, 2019 3:31pm
Quoting Pip-Miner
{quote} Hi EcoTrader , techanalyst , other trolls . https://youtu.be/TpzzsSh64mc
Hi Mate

Eco is not a troll, techanalyst I haven't met before so no comment.

I'm in no way going to enter an argument about fundamentals vs technical trading.

I will say to those guys that this is very much a technical thread where we identify areas that the Market Maker has preset from the Algo.
Those areas are easily identifiable and traders, banks, institutions are psychologically induced to use those areas for stops etc.
Perhaps we are way off kilter with this, but it's been said before, even once or twice by me.....take a chart, chat to George, or better still perhaps he should be called Morpheus and watch the market change before your very eyes.
Would you choose the red pill or the blue pill? I'm not joking.

Andy
  • #4,472
  • Jun 17, 2019 3:31pm Jun 17, 2019 3:31pm
Quoting EcoTrader
{quote} Nobody can forecast with 100 percent accuracy. Are you genuinely calling an analyst report manipulation? Whats next, fake trades?
Not 100% 99%. Yes it is possible.

Seeing is believing lol
  • #4,473
  • Jun 17, 2019 3:33pm Jun 17, 2019 3:33pm
Quoting moodybot
{quote} Hi Mate Eco is not a troll, techanalyst I haven't met before so no comment. I'm in no way going to enter an argument about fundamentals vs technical trading. I will say to those guys that this is very much a technical thread where we identify areas that the Market Maker has preset from the Algo. Those areas are easily identifiable and traders, banks, institutions are psychologically induced to use those areas for stops etc. Perhaps we are way off kilter with this, but it's been said before, even once or twice by me.....take a chart, chat...
Hahaha well said again. Some people want both pills :-) is that an option lol!
  • #4,474
  • Jun 17, 2019 3:37pm Jun 17, 2019 3:37pm
Quoting Rmg
Entertainment unlimited!!!! Hilarious to see Herds talking @ Herd Mentality. {image}
Can you throw up a chart and explain how you trade?
Be interested to see.
  • #4,478
  • Jun 17, 2019 4:01pm Jun 17, 2019 4:01pm
Quoting EcoTrader
{quote} Okay, if you want to rather belive in unicorns, help yourself to as much fairy dust as you like.
  • #4,480
  • Jun 17, 2019 4:16pm Jun 17, 2019 4:16pm
Quoting moodybot
{quote} Hi Mate Eco is not a troll, techanalyst I haven't met before so no comment. I'm in no way going to enter an argument about fundamentals vs technical trading. I will say to those guys that this is very much a technical thread where we identify areas that the Market Maker has preset from the Algo. Those areas are easily identifiable and traders, banks, institutions are psychologically induced to use those areas for stops etc. Perhaps we are way off kilter with this, but it's been said before, even once or twice by me.....take a chart, chat...
And then there is the factory pill :-)
Staying in my lane...
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