(binned per thread starter's request) The Lazy Trader Discussion | Page 6 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Lazy, set and forget trader 9 replies

The Journ(ey)al of a Lazy Trader 0 replies

Handicapped, lazy aspiring trader – need discipline and commitment 3 replies

Lazy's Trader Journal 6 replies

The Lazy Forex Trader's Way to Riches 16 replies

Attachments: (binned per thread starter's request) The Lazy Trader Discussion
Exit Attachments

(binned per thread starter's request) The Lazy Trader Discussion

  • #101
  • Jul 2, 2019 3:06am Jul 2, 2019 3:06am
Quoting Pip-Miner
who needs indicators when you have an EA that does the same job automatically. {image}
Is it based on George's Methodology?
  • #102
  • Jul 2, 2019 3:10am Jul 2, 2019 3:10am
Quoting aaven
{quote} Is it based on George's Methodology?
yes. George and FF -A solution to HOW to defeat MM. Normally an Analyst provides the solution and the programmer does what he says. In this case i did both.
  • #103
  • Jul 2, 2019 3:11am Jul 2, 2019 3:11am
Quoting Pip-Miner
{quote} yes. George and FF -A solution to HOW to defeat MM. Normally an Analyst provides the solution and the programmer does what he says. In this case i did both.
Well, I am happy- goes to show the potency of George's Work.

Thanks
  • #104
  • Jul 2, 2019 4:24am Jul 2, 2019 4:24am
Quoting aaven
{quote} Well, I am happy- goes to show the potency of George's Work. Thanks
George is a subject matter expert. These guys deserve respect.
  • #105
  • Jul 2, 2019 4:43am Jul 2, 2019 4:43am
Hi everyone,

Took trades in USDJPY on the 1M chart. Will the price gap be filled? Let's see.

Rajnidas
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDJPYM1.png Size: 45 KB
Click to Enlarge Name: USDJPYM15.png Size: 50 KB
  • #106
  • Edited 5:43am Jul 2, 2019 5:16am | Edited 5:43am
Quoting Pip-Miner
{quote} George is a subject matter expert. These guys deserve respect.
Hi Pipminer congratulations on your creation. Congratulations also to Kevin George and Andy on their continual efforts to show people the way forward and also on their creation of an ea that replicates Georges theories. I have no doubt in my mind George is correct in his thoughts. I have watched this market / stop loss targeting algo for ten years and seen there dirty work. I am going to get someone to help me programme an ea and yes I know george that is not the way forward but unfortunately some of us will never be as good traders as you guys and it seems i am one of them. I always miss the entry or get in too late somehow. My dream was always to trade 28 pairs taking small profits and compound on a daily basis. Something that I feel George achieves every day with his theories but on a few pairs. George is great guy that has taken time to speak with me in the past like so many others he has helped. Unfortunately I think I just have too admit I dont have what it takes. After ten years of trying and losing real money my confidence is shot to pieces and my time is running out. George kevin and Andy are seasoned professional traders and they are good at it they know what they know. Once again congratulations to you guys. Keep up the good, work.

Steve
  • #107
  • Jul 2, 2019 7:29am Jul 2, 2019 7:29am
Quoting bluesteele
This thread has been opened specifically to be a platform to provide an environment of constructive discussion.... This will then allow traders to communicate in a controlled environment where trader bashing will not be tolerated. One point to consider is this..... Most traders are losing traders... We have all seen the data. We all have seen the disclaimers and caveats. 80+% LOSE. Now ask yourself this. Look at all the threads on the forum...A repeating pattern ... Thread starter starts with great intention a good idea.. Indicators start being...

Thanks a lot Blue and Sir George for having this thread open to the rest of us.


Quoting aaven
The Amount of Hate for George is astounding. George explicitly said the project was for struggling traders.
Is it possible that George's teaching somehow made the so called professors finally realize that they are not professors and are actually under graduate students?
I couldn't agree more with you. You are hitting the nail right on the head.


Wayne.
  • #108
  • Jul 2, 2019 7:38am Jul 2, 2019 7:38am
Waiting for price to hit targets.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 111.png Size: 74 KB
Click to Enlarge Name: 222.png Size: 60 KB
  • #109
  • Jul 2, 2019 10:27am Jul 2, 2019 10:27am
Hello everyone,

If anyone has been trading or looking at GJ I would love if anyone could shed some light.

I was waiting for price to come down into what I thought was herd mentality zone and it has closed over the TMA on M1, so I thought good point to go l long, but price has blown through all my areas.

How would you deal with a situation like that?
  • #110
  • Jul 2, 2019 12:07pm Jul 2, 2019 12:07pm
My targets for GJ. I look at my personal levels(Targets) and most of the time they will match very close to Georges Targets.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH4_Targets.png Size: 48 KB
K.I.S.S.
  • #111
  • Jul 2, 2019 6:04pm Jul 2, 2019 6:04pm
Quoting Mr-G
Hello everyone, If anyone has been trading or looking at GJ I would love if anyone could shed some light. I was waiting for price to come down into what I thought was herd mentality zone and it has closed over the TMA on M1, so I thought good point to go l long, but price has blown through all my areas. How would you deal with a situation like that?
Mr G show us your chart. In GJ both yesterday and today there are opportunities to catch a reversal trade. Price couldn't be blowing through without retracement. Attached is the M15 chart. Hope you have the correct TMA on 1 Minute.

Amos
Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2019.07.02_23h55m42s_005_.png Size: 86 KB
  • #112
  • Jul 2, 2019 7:36pm Jul 2, 2019 7:36pm
Hello Guys,

I'm asking for some feedback on the attached, please comment as you see fit.

The trade looks good in hindsight but I wouldn't have taken it in foresight at my current level of knowledge. The main reason is that Number 1 was not such a strong retracement to define an HM limit in my mind.

My take as per the numbers in the chart
1-first target to define HM in the M15 chart
2-second target to define the limit for the target zone
3-TMA is in Black-Blue
4/5- do we consider these highs as significant to define the HM area or do we dismiss them b/c they've been cleaned out by the move up?

Thx

Diego

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15.png Size: 194 KB
  • #113
  • Jul 2, 2019 8:35pm Jul 2, 2019 8:35pm
Quoting rajandaas
Hi everyone, Took trades in USDJPY on the 1M chart. Will the price gap be filled? Let's see. Rajnidas {image} {image}
Update on yesterday's trade in the USDJPY. Price gap filled. A cool 40+ pips in the bag. Attached USDJPY 15M chart

Rajnidas
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 46 KB
  • #114
  • Jul 2, 2019 8:39pm Jul 2, 2019 8:39pm
This is the USDJPY 15M chart once more highlighting the price gap that was filled.

Rajnidas
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 46 KB
  • #115
  • Jul 3, 2019 4:35am Jul 3, 2019 4:35am
Quoting FXState
{quote} Mr G show us your chart. In GJ both yesterday and today there are opportunities to catch a reversal trade. Price couldn't be blowing through without retracement. Attached is the M15 chart. Hope you have the correct TMA on 1 Minute. Amos {image}
Thank you for the reply.

I should have attached a chart yesterday, but still finding my feet when it comes to posting.

I have attached a H1 chart as I would have to zoom out too far to show you on a smaller time frame. I have highlighted the two areas where price blew through. I am still studying and my knowledge is growing by the day, but please excuse me if I am far behind others level of understanding.


Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 89 KB
  • #116
  • Jul 3, 2019 4:44am Jul 3, 2019 4:44am
Still learning as discussed above, but it can still work even with my limited knowledge.

Just closed this trade on GBP/CHF for +20

I will attach both the M15 chart where I took my analysis from, marked by the horizontal white lines and also my M1 chart, which I used to see if price was in the TMA, which it was, so I traded from white line to white line.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCHFM15.png Size: 50 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCHFM1.png Size: 56 KB
  • #117
  • Jul 3, 2019 6:00am Jul 3, 2019 6:00am
Quoting Mr-G
Still learning as discussed above, but it can still work even with my limited knowledge. Just closed this trade on GBP/CHF for +20 I will attach both the M15 chart where I took my analysis from, marked by the horizontal white lines and also my M1 chart, which I used to see if price was in the TMA, which it was, so I traded from white line to white line. {image}{image}

Mr-G It is good that you are getting the knowledge require to be successful in this game from George. It is also good to start from good foundation. I don't trade GCHF but the TMA on your 1 Min chart needs to be look into. I don't think it is the right settings for 1 Min chart. Try and go through George's thread and figure out the settings for 1 Min chart. That is the starting point. If you are taking trades base on your present TMA settings on 1 Min, you could be taken trades at wrong spot .

Look into the TMA first and we will build from there.

Amos
  • #118
  • Jul 3, 2019 6:23am Jul 3, 2019 6:23am
Quoting FXState
{quote} Mr-G It is good that you are getting the knowledge require to be successful in this game from George. It is also good to start from good foundation. I don't trade GCHF but the TMA on your 1 Min chart needs to be look into. I don't think it is the right settings for 1 Min chart. Try and go through George's thread and figure out the settings for 1 Min chart. That is the starting point. If you are taking trades base on your present TMA settings on 1 Min, you could be taken trades at wrong spot . Look into the TMA first and we will build from...
Thank you Amos,

I shall look into this I thought they were correct.
  • #119
  • Jul 3, 2019 7:56am Jul 3, 2019 7:56am
Just entered on GJ, lets see how this one pans out.

I was a bit late with my entries.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15.png Size: 48 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM1.png Size: 56 KB
  • #120
  • Jul 3, 2019 8:21am Jul 3, 2019 8:21am
Above trade didn't work, closed at break even to save myself going into draw down.

More study required!
0 traders viewing now