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  • #241
  • May 2, 2020 3:33pm May 2, 2020 3:33pm
Quoting thestranded
Have been a lurker most of the time on FF - but this thread reminds me of my initial trading activities. Good, but rare signals on FOREX pairs. Especcially on the JPY pairs which we call the "amateur" pairs in our trading group. Anyway, if it makes money it's fine. Personally, I prefer to trade CFDs (DJI30, DAX30, NQ100, HKI50), which have a much higher reward potential, with some additional confirmation by a momentum indicator on Renko charts and make my living from it. Is there an algo in place? No idea, but at least the market seems to have a...
Is it possible to have this indicator?
Thank you
  • #242
  • May 2, 2020 4:02pm May 2, 2020 4:02pm
Quoting Frosty85
{quote} Hi RickM, Thanks for the detailed explanation on the above post. I have a question regarding the day before that one (Thursday, 30 Apr 2020) as there was a major move up and, if I'm not mistaken, the move blew through all 8 of George's TMA level? The red line I marked is where I had my 8th (final) upper TMA band at that moment. {image} I'm just wondering how you would handle special situations such as that day and would appreciate any pointers/hints regarding how to avoid/stay out/minimize losses on those kinds of market moves. If you entered...

Can I add my 2 cents? There was formed a zone of the stadium mentality on M15 (you could buy it at the opening of Frankfurt) below the broken-down main zone by 1D, there should have been a rollback for anyone. Plus a small Asian range, as Rick said and more ..... the last day of the month ---- always a lot of traffic!
Attached Images
  • #243
  • Edited 9:10pm May 2, 2020 7:46pm | Edited 9:10pm
Quoting Frosty85
{quote} Hi RickM, Thanks for the detailed explanation on the above post. I have a question regarding the day before that one (Thursday, 30 Apr 2020) as there was a major move up and, if I'm not mistaken, the move blew through all 8 of George's TMA level? The red line I marked is where I had my 8th (final) upper TMA band at that moment. {image} I'm just wondering how you would handle special situations such as that day and would appreciate any pointers/hints regarding how to avoid/stay out/minimize losses on those kinds of market moves. If you entered...

A very good morning to all ,,,
I have been following the progress on the many things discussed on this beautiful thread by our wonderful friend Andy ,,, BUT he knows I am NOT getting involved for few reasons ,, and mainly for health reasons ,,, after the experience from my project ,,,

I saw the discussion regarding Georges TMA levels ,,, and thought I would CLEAR . AND CEMENT ,,, SOMETHING VERY IMPORTANT WHICH I HAVE MENTIONED TIME AND TIME AGAIN ON THE PROJECT ! ! !
MY TMA WORK is ,,,, SIMPLY ,, A VISUAL PICTURE / GAUGE ,,, I USE WHEN THE PRICE HAS BEEN TAKEN INTO PRESSURE AREAS ON ALLLL TIME FRAMES ! ! ! !
NOTHING MORE ,,, NOTHING LESS ! ! ! !
The TMA's WILL NEVER STOP THE MARKET AT A CERTAIN LINE ! ! ! !
THE MARKET CAN BE DRIVEN AS MANY PIPS AS THEY WANT TO ACHIEVE PURPOSE ! ! ! !

That was a great example of ,,, THE PSYCHOLOGY APPLIED TO PRICE ACTION I kept talking about ,,,,
As marked on the chart ,,,,
An ALMOST inside week action ,,,, The low formed by FRENZY SELL ACTION PSYCHOLOGY APPLICATION ,,, taking it to the lows of the previous week ,,, KEEPING TRADERS UNDER THE FEELING OF PRICE CONTINUATION UNDER THE OCEAN ! ! ! ! !
KEPT THE MARKET IN A NARROW RANGE ,,, AND THEN ??????
THE LAST DAY OF THE MONTH ,,, BAAAAANG ,,,, CLEANED OUT ALLLLLL OF THE SELLERS ON THAT WEEK AND THE PREVIOUS WEEK ! ! ! !
Dont forget ,,, WE ARE IN A DOWN ,,,,,, """ TREND """ ?????? Love that word ,,,, TREND ! ! !

Do we know they will do that ????
ABSOLUTELY NOT ! ! ! !

WHY IS THIS ACTION DONE ????
NO 1 ,,, FOR PROFIT REASONS ! ! !
NO 2 ,,, TO DENY AS MANY TRADERS AS POSSIBLE MAXIMUM PROFITS ! ! ! !

How do I trade it ????
EACH TO THEIR OWN ,,, Everyone knows how I trade in regards to safety ! ! ! !

WHAT TIME DID THE MOVE HAPPEN ???
9 AM NEW YORK TIME ! ! ! !

WHAT DID I SAY OVER AND OVER IN THE PROJECT ????
I AM ALWAYS SUSPICIOUS OF THE FIRST 2 HOURS OF NEW YORK ,,, STUDY HISTORY CHARTS ! ! ! !

Another thing I kept talking about ,,,
THE MARKET MUST BE APPROACHED BY LOOKING AT IT IN ITS FULL FRACTAL NATURE ,,,, CONSTANTLY WHILE TRADING ! ! ! !

HOW MANY TIME FRAMES INFORNT OF MY EYES WHILE TRADING ????
1 MNT ,,, 15 MNT ,,, 1 HOUR ,,,4 HOUR ! ! ! !
2 SCREENS PER PAIR ! ! ! !

WHY DO I DO THAT ????
THEY ARE MY PAIN ROAD MAP ! ! ! !
Will NOT go into detail ! ! ! !

Hope this he helps many traders in regards to the TMA's ,,,
Cheers
George
Attached Image (click to enlarge)
Click to Enlarge Name: EURO YEN.png Size: 169 KB
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #244
  • Edited 9:03pm May 2, 2020 8:17pm | Edited 9:03pm
Quoting BWilliam
{quote} RickM, that's why I have written umpteen times on this forum NEVER reverse a SPIKE. Whenever I see someone trade reverse a falling or rising market ala catch a falling knife, then pass it off as superb PA scalping skills from 10,000hrs screentime that's bs trading. To add on to what you wrote, find a clear objective method to pinpoint the new lower high target. If you do this Rick's description of failed attempt is clear as daylight that comes with price level.
H BWilliam

You wrote "that's why I have written umpteen times on this forum NEVER reverse a SPIKE"

Mostly I would agree with your statement except when trading on the M1 chart.
Here we are trading around the order flow price movement towards passive orders and then having to deal with traders attacking price with aggressive market orders. So here we are dealing with order flow rules, not general TA rules in my opinion. If we can understand the quantity and density of the local nearby liquidity, we should know a spike is often a liquidity issue.

Its a fault of the local server from either your broker or the market itself. IC Markets have about 20 different servers, I suggest you open a few live accounts making sure all accounts are placed on different servers. Make sure you sound dumb on the phone and hopefully they will place you in a server full of newbies.

You will see half of their servers show larger size spikes during periods of low liquidity trading (group of newbies often) , the other half do not show the same level of movement. As an example, last month a Gold spike ran 100 pips on half of IC Markets servers, the other half only ran 5 pips. Some of those traders caught in that Gold spike lost thousands of dollars. IC Markets just laughed at those losing traders - FRAUD -

So, if I see a large spike on M1, and I know there is unlikely little chance of being much liquidity further out, we must know price will be pulled back.
However grinds are different, they are not spikes on M1 but stop pool running.

Cheers Rick

Manipulation with single M1 chart spikes can be our brokers Servers having liquidity issues -
Trading thin liquidity at the boundary of the charts
  • #245
  • May 2, 2020 8:31pm May 2, 2020 8:31pm
Ancient Alien's have decided that a few forum members will have to be blocked from posting on this thread.
George, Zoltan and Rick will be blocked immediately for helping, advising and demonstrating a commons sense that goes above and beyond the call of duty...
Thank you gentleman.......
Can we now all get back on track with standard procedures...where the cot report,supply demand, darts, voodoo, and wet stone dry stone will once again be this threads main standard of approach....
Template will soon be available... along with items for sale, youtube vids, and .......................................

Andy....
  • #246
  • May 2, 2020 9:14pm May 2, 2020 9:14pm
Quoting George AUS
{quote} A very good morning to all ,,, I have been following the progress on the many things discussed on this beautiful thread by our wonderful friend Andy ,,, BUT he knows I am NOT getting involved for few reasons ,, and mainly for health reasons ,,, after the experience from my project ,,, I saw the discussion regarding Georges TMA levels ,,, and thought I would CLEAR . AND CEMENT ,,, SOMETHING VERY IMPORTANT WHICH I HAVE MENTIONED TIME AND TIME AGAIN ON THE PROJECT ! ! ! MY TMA WORK is ,,,, SIMPLY ,, A VISUAL PICTURE / GAUGE ,,, I USE WHEN THE...

In continuation to the above post of mine ,,,,
WHY WAS NOT THIS PAIR BOUGHT AT THE LOW AND RIDING THIS RUN UP ????

After all ,,, IF we want to talk about it not stopping at the top ,,, and ,,,
If one is following the TMA's George uses ,,,,
What was wrong with the perfect BUY in the PLAYGROUND at the bottom ???

Cheers
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #247
  • Edited 9:46pm May 2, 2020 9:15pm | Edited 9:46pm
Quoting RickM
{quote} H BWilliam You wrote "that's why I have written umpteen times on this forum NEVER reverse a SPIKE" Mostly I would agree with your statement except when trading on the M1 chart. Here we are trading around the order flow price movement towards passive orders and then having to deal with traders attacking price with aggressive market orders. So here we are dealing with order flow rules, not general TA rules in my opinion. If we can understand the quantity and density of the local nearby liquidity, we should know a spike is often a liquidity...
Why EJ shot up last Thursday.
Classic example how to trade intraday spikes(M5).

The pictures are self explanatory, no indicators required.

For narrative explanation, read RickM's para2.
https://www.forexfactory.com/showthr...0#post12915650
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ej1.png Size: 12 KB
Click to Enlarge Name: ej2.png Size: 14 KB
Click to Enlarge Name: ej3.png Size: 15 KB
Click to Enlarge Name: ej4.png Size: 14 KB
Know what you trade
  • #248
  • May 2, 2020 9:32pm May 2, 2020 9:32pm
Quoting moodybot
Ancient Alien's have decided that a few forum members will have to be blocked from posting on this thread. George, Zoltan and Rick will be blocked immediately for helping, advising and demonstrating a commons sense that goes above and beyond the call of duty... Thank you gentleman....... Can we now all get back on track with standard procedures...where the cot report,supply demand, darts, voodoo, and wet stone dry stone will once again...
Hi Andy...can you please ban me from this thread...
I feel left out.
Mind you I haven't really helped out.
But you know im a selfish bastard lol..

George has Infected me unfortunately and now I am sick...
AS I dont like losing trades anymore...
And anything below a 90% win rate I feel like a failure. ! ! !

Now im just an old dog with the taste of blood...
best to shoot me my friend I know that will be hard for you

Your old nemesis
Blue
Master your Mind,,,Master the Market
  • #249
  • Edited 9:56pm May 2, 2020 9:33pm | Edited 9:56pm
Quoting BWilliam
{quote} Why EJ shot up last Thursday. Classic example how to trade intraday spikes(M5). The pictures are self explanatory, no indicators required. {image} {image} {image} {image}
Blue line plots the hi,lo,mid of the previous day.
Attached Image (click to enlarge)
Click to Enlarge Name: ej6.png Size: 18 KB
Know what you trade
  • #250
  • May 2, 2020 9:35pm May 2, 2020 9:35pm
Quoting bluesteele
But you know im a selfish bastard lol..
We all are in some way.

edit - my 2 posts above is my contribution to this forum. Either people get it or they don't.
Know what you trade
  • #251
  • May 2, 2020 10:01pm May 2, 2020 10:01pm
Quoting bluesteele
{quote} Hi Andy...can you please ban me from this thread... I feel left out. Mind you I haven't really helped out. But you know im a selfish bastard lol.. George has Infected me unfortunately and now I am sick... AS I dont like losing trades anymore... And anything below a 90% win rate I feel like a failure. ! ! ! Now im just an old dog with the taste of blood... best to shoot me my friend I know that will be hard for you Your old nemesis Blue
Added to the list Kevin for being a selfish bar steward...

Inserted Video
  • #252
  • May 2, 2020 10:09pm May 2, 2020 10:09pm
Quoting moodybot
{quote} Added to the list Kevin for being a selfish bar steward... https://youtu.be/_YMVPXmaKds?list=TL...MjAY0HI-HiZO-w

HAHAHA...

Dont tell him Pike !

Damn trick questions...........

Hmmmm... reminds me how traders get fooled
Master your Mind,,,Master the Market
  • #253
  • May 2, 2020 10:15pm May 2, 2020 10:15pm
Quoting bluesteele
{quote} HAHAHA... Dont tell him Pike ! Damn trick questions........... Hmmmm... reminds me how traders get fooled
Exactly...the vid was from a time where people were allowed to have some humour..
The opening dialogue on the Vid sums up most who follow the guru's on FF....
Fortunately you and I know who to listen to...
  • #254
  • May 3, 2020 12:39am May 3, 2020 12:39am
Quoting moodybot
Ancient Alien's have decided that a few forum members will have to be blocked from posting on this thread. George, Zoltan and Rick will be blocked immediately for helping, advising and demonstrating a commons sense that goes above and beyond the call of duty... Thank you gentleman....... Can we now all get back on track with standard procedures...where the cot report,supply demand, darts, voodoo, and wet stone dry stone will once again...
Don’t forget XRedStarX, he is the only one who actually did what George suggested; buying EUR at the bottom.

https://www.forexfactory.com/showthr...0#post12913950
  • #255
  • May 3, 2020 1:05am May 3, 2020 1:05am
Quoting Dmh
{quote} Don’t forget XRedStarX, he is the only one who actually did what George suggested; buying EUR at the bottom. https://www.forexfactory.com/showthr...0#post12913950
Possibly.. have never spoke to xred...the others I have, frequently.
I joined George for that session, as usual only GJ was the traded pair.
George traded the initial move down, warned me it was going to be a grinder.. and yep it was. Then proceeded to trade the subsequent move up.. similar moves to EJ.

The targets, herd mentality, atr, TMA, current range are all taken into consideration...not rocket science, just common sense but all parts work together.

The moves can be reasonably predictable as Rick mentioned in his earlier post..to the pip on more than a coincidental basis.

Andy
  • #256
  • May 3, 2020 8:37am May 3, 2020 8:37am
Quoting BWilliam
{quote} Blue line plots the hi,lo,mid of the previous day. {image}
One last hint before you go for good (?)...is this riddle also related to Riemann Hypothesis or it could be solved independently?

Many thanks
B
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
  • #257
  • Edited 9:08am May 3, 2020 8:55am | Edited 9:08am
Quoting George AUS
{quote} In continuation to the above post of mine ,,,, WHY WAS NOT THIS PAIR BOUGHT AT THE LOW AND RIDING THIS RUN UP ???? After all ,,, IF we want to talk about it not stopping at the top ,,, and ,,, If one is following the TMA's George uses ,,,, What was wrong with the perfect BUY in the PLAYGROUND at the bottom ??? Cheers George
Hi George

Can I put my hand up and say I missed it, I stuffed up.
Honestly I have no excuse because I follow this pair for hours along with a few other pairs and I was just not paying attention for some reason. I do keep notes on all my trades, missed trades, data on every grind and guess what I found.

16.27 - Missed the low of EURJPY. Setup next to black band, great setup, low ADR. Expansion hit 90%. Missed Buy trade.

That's just the problem when you are watching 6 pairs, too much going on.
STILL NO EXCUSE

This pair loves the Black band and like I said yesterday, loves riding both the Crimson & black bands. I have posted two screen shots of the action and how I saw it play out. Another set of signal I have been working on for a year sits within that purple circle. Going by my data based on mean averages over a 12 month period, those candles had a 90% chance of reversal.

Bugger -
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurjpy George best 1.png Size: 76 KB
Click to Enlarge Name: eurjpy george best 2.png Size: 66 KB
Trading thin liquidity at the boundary of the charts
  • #258
  • May 3, 2020 9:28am May 3, 2020 9:28am
Quoting bfx17
{quote} One last hint before you go for good (?)...is this riddle also related to Riemann Hypothesis or it could be solved independently? Many thanks B
Riemann hypothesis is all encompassing. Solve it you get everything you're looking for. Too bad people get intimidated.

Quoting RickM
{quote} Hi George Can I put my hand up and say I missed it, I stuffed up. Honestly I have no excuse because I follow this pair for hours along with a few other pairs and I was just not paying attention for some reason. I do keep notes on all my trades, missed trades, data on every grind and guess what I found. 16.27 - Missed the low of EURJPY. Setup next to black band, great setup, low ADR. Expansion hit 90%. Missed Buy trade. That's just the problem when you are watching 6 pairs, too much going on. STILL NO EXCUSE This pair loves the Black band...
See the yellow dots in the pic, the set up is written into alert code. No screen staring required and no miss.
Know what you trade
  • #259
  • May 3, 2020 10:46am May 3, 2020 10:46am
[quote=BWilliam;12916532]{quote} Riemann hypothesis is all encompassing. Solve it you get everything you're looking for. Too bad people get intimidated. {quote} See the yellow dots in the pic, the set up is written into alert code. No screen staring required

But if I find the Theory of Everything, do you think it encompasses Riemann hypothesis, which encompasses everything else?
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
  • #260
  • May 3, 2020 11:01am May 3, 2020 11:01am
Quoting George AUS
{quote} A very good morning to all ,,, I have been following the progress on the many things discussed on this beautiful thread by our wonderful friend Andy ,,, BUT he knows I am NOT getting involved for few reasons ,, and mainly for health reasons ,,, after the experience from my project ,,, I saw the discussion regarding Georges TMA levels ,,, and thought I would CLEAR . AND CEMENT ,,, SOMETHING VERY IMPORTANT WHICH I HAVE MENTIONED TIME AND TIME AGAIN ON THE PROJECT ! ! ! MY TMA WORK is ,,,, SIMPLY ,, A VISUAL PICTURE / GAUGE ,,, I USE WHEN THE...

Too much talking. not that much of results
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