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Price action at the core / tma intra day

  • #4,662
  • Jun 20, 2019 12:20am Jun 20, 2019 12:20am
Quoting Robot Trader
{quote} I think it is the pointy end of the Wick he likes and not the Wick itself, which is what the thread is about finding the pointy end of the Wick to the nearest fraction of a PIP.
Why do you post here?
Yesterday you came here asking questions, which I answered, now you're back being facetious.
George, do us all a favour and minimise, adds no value to the thread.
  • #4,663
  • Jun 20, 2019 12:28am Jun 20, 2019 12:28am
Hi george

Been following your thread for about 3 or 4 months... This is my first post on the thread, so I'll keep it short. The thread caught my attention from your first post...quoting "This thread goes against everything that is taught out there" and that for me was a wow... Since I know now that everything I learnt was garbage...and I'll leave it at that...

Firstly I'd like to thank u for what you doing with this project...it's not everyday that someone decide to take on a project like this... It's rare..sscondly I've been trading/researching/testing for the last year and 6 months approximately with no success...

I've been watching the first hour of the podcast on repeat since the weekend... And just trying to establish a mindset firstly before I even start to look at the charts...My charts are already setup with tma with the settings recommended...60,5.0,120...

Eagely waiting on episode 2...just to get my mind right.. But thank you for everything

Cheers
Maaliek from South Africa
  • #4,664
  • Jun 20, 2019 12:50am Jun 20, 2019 12:50am
Quoting Ichigo78
Hi george Been following your thread for about 3 or 4 months... This is my first post on the thread, so I'll keep it short. The thread caught my attention from your first post...quoting "This thread goes against everything that is taught out there" and that for me was a wow... Since I know now that everything I learnt was garbage...and I'll leave it at that... Firstly I'd like to thank u for what you doing with this project...it's not everyday that someone decide to take on a project like this... It's rare..sscondly I've been trading/researching/testing...
Hello Maaliek ,,
Pleasure sir ,,,
Welcome to the amazing family ,,,, and ,,,
THE PROJECT OF INNOVATIONS ! ! !

The next podcast will get your mindset setup correctly ,,,

Cheers
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #4,665
  • Jun 20, 2019 12:55am Jun 20, 2019 12:55am
Quoting George AUS
{quote} Howdy Whitesta ,,, Please sign ur name at the bottom ,,, Give this old man a break ,,, trying to remember all names,,, Love your effort ,,, Love ur energies ,,, Great work ,,, Please take this one from me ,,, KEEP YOUR HEAD UP ,,, BE PROUD OF WHO YOU ARE ,,, WHAT YOU ARE ,,, WHAT YOU ARE DOING ,,, DO NOT GIVE A SHIT WHAT ANYONE SAYS ,,, DO NOT PAY ATTENTION TO TRASH ,,, MASTERS SEEK ,,,, LOSERS KNOCK AND MOCK Cheers George
Thanks George.. Yes it was on weekly time frame and it just shows why this support & resistance is just a myth.. Just playing with our heads.. price went through it like hot knife through butter. I did not place a trade but at least it was NOT hindsight. Lots to learn. Thanks again George.

Regards
Den
  • #4,666
  • Jun 20, 2019 1:14am Jun 20, 2019 1:14am
Thanks George,

Thanks George.. Yes it was on weekly time frame and it just shows why this support & resistance is just a myth.. Just playing with our heads.. price went through it like hot knife through butter. I did not place a trade but at least it was NOT hindsight. Lots to learn. Thanks again George.

Thanks
Mariya
  • #4,668
  • Jun 20, 2019 1:58am Jun 20, 2019 1:58am
Quoting Robot Trader
{quote} It adds great value to this thread, this thread is all about finding areas of interest to the nearest pip, which are above and below Tops and Bottoms which you do not want to acknowledge exist. Why would you say I am being facetious when my post was perfectly correct, the strategy you follow is to trade reversals from these areas of interest, nothing more nothing less, there is no mystery or magic to any of it.
Of course, that’s exactly what you meant. My bad. Why would I even think of anything different.
  • #4,669
  • Jun 20, 2019 2:01am Jun 20, 2019 2:01am
Quoting George AUS
{quote} Andy Andy Andy ,,,, George would like to express something ,,,, And George HOPES ,, EVERYONE ,,,, will read this ,,,, GEORGE WAS ADVISED ,,, NOT TO START THIS PROJECT ,,, GEORGE IN SOME WAYS REGRETS STARTING THIS PROJECT ,,,, AS MUCH AS ,,, GEORGE HAS ALSO ADVANTAGED GREATLY FROM THIS PROJECT ,,,, MORE THAN ANYONE ELSE HAS ,,,,, WHY DOES GEORGE SAY THAT ????????????????????????? AS MUCH AS GEORGE HAS BEEN BLESSED ,,, TO HAVE MET SO MANY GREAT HUMAN BEINGS ,,,,, THROUGH THIS AMAZING PROJECT ,,,, Since George started this project ,,, George...
Please stop being so negative George, you're ruining the thread for all us positive people.


Thanks
John
  • #4,671
  • Jun 20, 2019 2:11am Jun 20, 2019 2:11am
This really works, thanks George.

Price entered the TMA (not shown) and rallied up to the herd zone
I followed the herd up to the next herd zone...

Its simple once you get the idea...follow the herd people.

Forexmy...
Attached Image (click to enlarge)
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  • #4,672
  • Jun 20, 2019 2:17am Jun 20, 2019 2:17am
Quoting Robot Trader
{quote} Maybe your getting paranoid and you read things in posts that aren't there, I "call a spade a spade" and I use simple to understand language.
I also call a spade a spade.
  • #4,673
  • Jun 20, 2019 2:34am Jun 20, 2019 2:34am
Quoting moodybot
USDCAD HM broken, already into TMA. Looking back I cannot see why they would push any lower. Another HM Zone (below) 130 pips away, so too far for ADR, unless major news. 50 pips already on the table. I would look to go Long but this isn't a signal service. Just my thoughts on USDCAD and if it does go short, well that's trading. Deal with it. {image}
Mr Bot

Thanks for the charts, Nice clean and simple for me to understand.
It really helps, I can watch the trades develop, that really helps.

Much Appreciated
John

Exciting times!!!
  • #4,674
  • Jun 20, 2019 3:09am Jun 20, 2019 3:09am
Quoting LeanhoneyJD
{quote} Mr Bot Thanks for the charts, Nice clean and simple for me to understand. It really helps, I can watch the trades develop, that really helps. Much Appreciated John Exciting times!!!
This one could be a bust, no hedge/grid yet but am keeping an eye on it...
  • #4,675
  • Jun 20, 2019 3:14am Jun 20, 2019 3:14am
Quoting moodybot
{quote} This one could be a bust, no hedge/grid yet but am keeping an eye on it...
Mr Bot
Doesn't matter mate, its the technique I am interested in.
I can manage my Risk.
thanks
John
  • #4,676
  • Jun 20, 2019 3:34am Jun 20, 2019 3:34am
Hi All,

Hope this might help on targets- the blue lines are drawn between the daily candles - the black lines should be explanatory.
I was told the other day that the percentage of people winning in trading hasn't changed since 2001 - but the tools on the chart have increased dramatically in the last 20 years. So we have more indicators, more tools, more traders but the winning percentage hasn't changed - therefore an in-depth understanding of price is a must.
Good luck
Chris
Attached Image (click to enlarge)
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  • #4,677
  • Jun 20, 2019 3:41am Jun 20, 2019 3:41am
Quoting LeanhoneyJD
{quote} Mr Bot Doesn't matter mate, its the technique I am interested in. I can manage my Risk. thanks John

Only ever as good as our last call....
This is the GU from earlier this week, just closed the upper gap.
Attached Image (click to enlarge)
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  • #4,678
  • Jun 20, 2019 4:20am Jun 20, 2019 4:20am
Quoting moodybot
{quote} Only ever as good as our last call.... This is the GU from earlier this week, just closed the upper gap. {image}
hi Andy,

EJ is looking good too, to be seen if it gets to my target zone or not...the TMA is there already, so very well might see an extra addition to this herd zone.
if not complete this today, tomorrow maybe the higher target line comes into play. with the current ADR/pips on table already, it is not too likely to stretch that far.
Attached Image (click to enlarge)
Click to Enlarge Name: EJ chart.png Size: 52 KB

of course,
i dont have to say,
this is not a trade call, just a sample that such areas arent that difficult to spot every day, and that applying some market common sense, can be used to take good probability entries.

very important!
when comes to trading there is no 100% chance to filter everything, but there is a trade management plan that should be BEFORE planned out and ready to implement to deal with the price move, whatever way.
Andy's GU chart was an excellent example...could work for a few pips scalp with virtually no drawdown, or could work for a very decent swing trade for a handful of pips ( but vary manageable) drawdown. At the call, Andy layed out a swing trading plan, and did handle the trade according to that plan.
ultimately everyone is responsible to their own trading, an universal truth, that so often seem to be easy to forget about.
thus reason here is no one to be drawing up others a plan to what position size to take, or use or not use hedge/SL/partial close/whatever.
that is something everyone need to experience with, to find what suit them best.

happy trading!
Zoltan

PS. looking forward for the podcast, perfect timing, for the weekend to enjoy!
there is always, always another trade!!
  • #4,679
  • Jun 20, 2019 4:29am Jun 20, 2019 4:29am
Quoting profitfarmer
{quote} hi Andy, EJ is looking good too, to be seen if it gets to my target zone or not...the TMA is there already, so very well might see an extra addition to this herd zone. if not complete this today, tomorrow maybe the higher target line comes into play. with the current ADR/pips on table already, it is not too likely to stretch that far. {image} of course, i dont have to say, this is not a trade call, just a sample that such areas arent that difficult to spot every day, and that applying some market common sense, can be used to take good probability...
Great Post Zoltan...

Master George created an excellent Ecosystem/Learning Environment for Traders and with supporting help from Andy, Zoltan, Kevin etc...
  • #4,680
  • Jun 20, 2019 5:22am Jun 20, 2019 5:22am
Quoting profitfarmer
{quote} hi Andy, EJ is looking good too, to be seen if it gets to my target zone or not...the TMA is there already, so very well might see an extra addition to this herd zone. if not complete this today, tomorrow maybe the higher target line comes into play. with the current ADR/pips on table already, it is not too likely to stretch that far. {image} of course, i dont have to say, this is not a trade call, just a sample that such areas arent that difficult to spot every day, and that applying some market common sense, can be used to take good probability...

Cheers Zoltan.. nice post. I need a new secretary, I’ll recheck your application.., am surprised they have taken it so low, as always anything is possible. EA has placed first hedge/ grid, 2nd due. There is another zone they may grind it down to it, looked to far under current ADR but will look at it tomorrow, trade protected as always. Just annoying to have to deal with it.
Catch up tomorrow.
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