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Real or Algo

  • #421
  • May 30, 2020 8:33pm May 30, 2020 8:33pm
Quoting RickM
{quote} Hi Moodybot That AUDJPY is one of my pairs I trade, it trades really well during the Asia session of course. I just don't believe we should be trading on any other time frame other than M1 because the Algo limits price around order flow ONLY. Here is an example of the exact spots where the Algo limited price on Friday, as you can see its all within a couple of pips. The settings are wrong here because I choose to keep them to myself. I do prefer to wait for Targets and play it safe unless I am in that AGGRESSIVE MOOD The Algo limiting switches...

Rick.. Just checking my inbox now but no, no secret sauce...I can only assume a small delay...
  • #422
  • May 30, 2020 8:42pm May 30, 2020 8:42pm
Quoting George AUS
{quote} A very good morning to all .... A good morning to you Andy ,,, I always see my name mentioned and my theories ,,,so ,,, I feel it is ONLY fit and courteous enough of me to add to the subject at hand here ,,, Out of respect to all and especially you Andy ,,, One of my great trading friends ,,, and ,, more importantly ,,, One of MY INNER CIRCLE Members ) ,, An amazing group of Human Beings I surround myself with ,,, and ,, I value deeply in my heart ! ! ! It is very nice to see activity and many opinions on the table...

Thanks George for your kind words.
Once again an amazing post.
I'm not going to comment any further, I think anyone looking to find a method, solution or just looking for advice or a gee up only has to read and appreciate the effort that has been spent getting to the understanding that both you, and Rick are demonstrating on this project.
Respect to both for taking the time.

Andy
  • #423
  • May 30, 2020 8:56pm May 30, 2020 8:56pm
Quoting RickM
{quote} Hi STrading On the information I provide on that chart, you are 100% correct on trade 3 being a bad trade. The aggressive market orders were still too dense and the expansion of those three candles was only moderate. What I didn't explain however is the parameter characteristics' of those Grind A moves. These Grinds work much like a Bearish compression channel where price is trapped within a tight upward range. When price moves above the top channel line by ANY pips, the chance of a pull back is very high. About 85% Here is why I took a...
Very valuable information, thanks for your explanation.
  • #424
  • May 30, 2020 9:28pm May 30, 2020 9:28pm
George is very generous since he didn't delete these two posts regarding TMA, if anybody is still wondering / need it:

https://www.forexfactory.com/showthr...2#post11925352

https://www.forexfactory.com/showthr...7#post11926557

Personally, the hint for M1 is sandwiched between the two "HINT....HINT...HINT" words on the 2nd post

Still at 0.0001% of George's trading capabilities, but working real hard to get there

Thank you George

Cheers,
Al
Entities should not be multiplied without necessity - Occam's razor
  • #425
  • May 30, 2020 9:33pm May 30, 2020 9:33pm
Quoting haliss
{quote} Very valuable information, thanks for your explanation.
I would agree, both Rick and George have both offered valuable information.
I haven't spoken to Rick, but George I have, and anyone offering up their time to help out those that have asked shouldn't be underestimated and must be appreciated.
I'm very fortunate to chat to George most days, whether text or speech, and the man truly does enjoy interacting with other traders who have clearly put in the effort and that means serious effort.
It's amazing how many haven't and who just want the secret sauce....there is no secret sauce, just hard work.
  • #426
  • May 30, 2020 10:08pm May 30, 2020 10:08pm
Quoting moodybot
{quote} I would agree, both Rick and George have both offered valuable information. I haven't spoken to Rick, but George I have, and anyone offering up their time to help out those that have asked shouldn't be underestimated and must be appreciated. I'm very fortunate to chat to George most days, whether text or speech, and the man truly does enjoy interacting with other traders who have clearly put in the effort and that means serious effort. It's amazing how many haven't and who just want the secret sauce....there is no secret sauce, just hard...

Andy ,,,
As you know me very well ,, and know my thoughts very well ,,, And ,,
Sadly for many ,,,
George will ,,,,
CONTINUE ,,, INVESTING ,,, TIME ,,, with other traders ,,,
ONLY ,,, ONLY ,,, ONLY ,,,
When they can ,,, DEMONSTRATE ,,, to me ,,, the following ,,,

GENUINE ,,, UNCONDITIONALLY ,,,,CARING ,,, AND ,,, LOVING ,,, HUMAN BEINGS ,,,,
FULLY PASSIONATE ,,, ABOUT THIS AMAZING GAME ,,,,
100% COMMITTED ,,,, TO WANT TO SUCCEED ,,,,
BOUNDLESS ,,,, MIND SET ,,,, AND APPROACH ,,,,
FULLY INNOVATIVE ,,, AND ,,, THINKERS ,,,,
FULL TIME MENTALITY ,,,,
NOT TIME WASTERS ,,,,
PREPARED TO ,,, THROW AWAY ,,, ALL OF THE USELESS GARBAGE ,,, THEY ACCUMULATED IN THE PAST ,,,,
THROW AWAY ,,, ALL ,,, OF THE ,,, USELESS ,,, STANDARD INDICATORS THEY USE ,,,,
PREPARED TO FOLLOW 100% MY INSTRUCTIONS ,,,,
2 WAY STREET UNLIMITED RELATIONSHIP ,,,,

Those are some of the QUALITIES that a person MUST HAVE ,,, and ,,, APPLY ! ! !

Cheers
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #427
  • May 30, 2020 11:12pm May 30, 2020 11:12pm
Quoting RickM
{quote} Hi Moodybot There is a few other clues we can use in determining if price will react at the next target and reverse. I believe we need to break down the target and describe what it actually is, a dense pool of PASSIVE limit orders that were placed in an area by uniformed traders. They were groomed and conditioned to place their orders here due to FEAR. FEAR they will miss out on making money or FEAR they will get their stop loss hit. Now the clue in whether the market will react as we hope and reverse at a target as we hope is in front of...

Interesting take and always a pleasure reading your posts. Thank you for sharing, Rick

I was watching the charts with Mike on Friday. We were expecting target 3 to be blown through. MANY signs pointing to it, one of them being that the previous day's ADR was below average.

In my humble opinion, this was 30 April 2020 all over again, just less aggressive.

Cheers
Wong
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  • #428
  • May 31, 2020 1:02am May 31, 2020 1:02am
Quoting moodybot
{quote} Rick.. Just checking my inbox now but no, no secret sauce...I can only assume a small delay...
Hi Andy

The whole point of my previous posts was to point out the current price action is telling us where the market may reverse. As price moves towards a target, we can gauge whether the current move is dense in aggressive market orders. These are orders that are compacted tightly together with almost no space between orders and will almost certainly decimate the pool of limit orders ahead. These grinds are very narrow as I described and best not traded till the first decent pull back.

If we are offered a Beautiful Passive Type B Grind, we are in money without any doubt at the next Target.
In fact all Targets normally reverse, totally mechanical and very profitable if you are searching for just a few handful of pips on each setup.

Again its all in the Grind Type which allows us to determine the strength of the current market orders.

I believe I have taken the mystery out of Grinds when trading targets on M1. Momentum is totally about order density and I can proof this fact with 32 pages of mathematics along with 182 pages of backtesting results to prove my point (not that any one cares ha ha)

At least no one can accuse me of being lazy.
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Trading thin liquidity at the boundary of the charts
  • #429
  • May 31, 2020 1:11am May 31, 2020 1:11am
Quoting nauxil
{quote} Interesting take and always a pleasure reading your posts. Thank you for sharing, Rick I was watching the charts with Mike on Friday. We were expecting target 3 to be blown through. MANY signs pointing to it, one of them being that the previous day's ADR was below average. In my humble opinion, this was 30 April 2020 all over again, just less aggressive. Cheers Wong {image} {image}
Hi Nauxil

You are very welcome, its important to study Georges work on momentum to get the clues on possible reversal points. I have just added an additional layer of targets on top of his work for my own benefit. We have to OWN our trading strategy and trust ourselves totally.

I may create a live trading channel later this year - but every single trader would have to bring something to the table.

Cheers Rick
Trading thin liquidity at the boundary of the charts
  • #430
  • May 31, 2020 1:40am May 31, 2020 1:40am
Quoting RickM
{quote} Hi Andy The whole point of my previous posts was to point out the current price action is telling us where the market may reverse. As price moves towards a target, we can gauge whether the current move is dense in aggressive market orders. These are orders that are compacted tightly together with almost no space between orders and will almost certainly decimate the pool of limit orders ahead. These grinds are very narrow as I described and best not traded till the first decent pull back. If we are offered a Beautiful Passive Type B Grind,...

Thanks Rick

I expect the 32 pages of mathematics to be on my desk later today, and please Rick, no algebra!!

Mate, thanks for taking the time and providing a glimpse of how the market can be read and traded.
I would suggest turning off your Pm's, like George, you may become very busy!!!

Interesting to differentiate the grinds, will definitely have to look into that, I'm sure those looking in will also be taking note.

Cheers

Andy
  • #431
  • May 31, 2020 2:06am May 31, 2020 2:06am
Dear family!
I enjoy reading this thread! Great people gathered here! And everyone contributes to solving MM manipulations .. Thanks, Andy, for bringing everyone together again !!!

Cheers Mike
  • #432
  • May 31, 2020 2:40am May 31, 2020 2:40am
Thank you guys for posting such amazing stuff. I really appreciate you sharing pieces of your knowledge achieved with such hard work and lots of screen time. A special thanks to Rick, because I also trade 1min charts, even if in a much rudimentary way. As I mentioned in one of my previous post on another thread, I recommend everyone that wants to scalp 1 min TF to read all Rick posts...

Andy, let me congratulate you for opening this thread. Frankly speaking, I didn't think that it will get too much traction, but now it tends to become one of the best threads on FF...very practical, with many examples, explanations and different perspectives. Great job

Have a great weekend everyone,
B
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
  • #433
  • May 31, 2020 3:33am May 31, 2020 3:33am
Quoting RickM
{quote}I believe I have taken the mystery out of Grinds when trading targets on M1. Momentum is totally about order density and I can proof this fact with 32 pages of mathematics along with 182 pages of backtesting results to prove my point (not that any one cares ha ha) At least no one can accuse me of being lazy. {image}
I care! Great posts of you guys. Thanks Andy and Rick. Another piece of the big puzzle to figure out. Got more homework to do.
You'll get what you give.
  • #434
  • May 31, 2020 3:52am May 31, 2020 3:52am
hi,everyone

Momentum-new session‘s。

Is it right?

aren
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  • #435
  • May 31, 2020 4:07am May 31, 2020 4:07am
@RickM @moodybot @George Aus

Thank you for these last interventions that help us all still in search of balance.
I really appreciate what you do !!

A big thanks!

Francesco
  • #436
  • May 31, 2020 5:38am May 31, 2020 5:38am
Quoting RickM
{quote} So if we actually look at the grinds on M1 and stop wasting our time read forums ( yes, my problem too), you just may notice there is FOUR forms of grinds. A steep and Compact grind that is narrow has very intense market orders stacked up and will be destroy the target ahead. Do not trade reverses on grind with "AGGRESSIVE A GRINDS" unless we see the M1 market fracturing, forming micro gaps within large wide ranging candles. Look at three possible targets on Friday with GBPJPY, each could have reversed. If we were paying attention, we should...
Hi Rick,
I can't fully understand what you mean by dense orders.
I think I understand but I'm not completely sure of my interpretation.
By dense orders do you mean the situation I have highlighted?
Thanks so much

Francesco

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  • #437
  • May 31, 2020 4:34pm May 31, 2020 4:34pm
Quoting STrading
{quote} On the target 3 if you placed the trade on the target you would get from 13 to 15 pips drawdown, and you would make 6, 5 pips, and there where the risk that price would continue which it did a few moments later. Dont take it personally but to me the guy trading on target 3 would be the biggest fool of them all, because he saw the 1 and 2 target traders get fucked, and still traded and he would also had a better confirmation that it was a steep move with little pullbacks.
No, because the price action around the third target is different, as he clearly pointed it out: "nice expansion over three candles", in contrast to the previous aggressive steep narrow/compact grinds just easily breaking through the levels without any dancing around them.
  • #438
  • May 31, 2020 5:34pm May 31, 2020 5:34pm
Quoting Viktory
{quote} No, because the price action around the third target is different, as he clearly pointed it out: "nice expansion over three candles", in contrast to the previous aggressive steep narrow/compact grinds just easily breaking through the levels without any dancing around them.
"On the information I provide on that chart, you are 100% correct on trade 3 being a bad trade. The aggressive market orders were still too dense and the expansion of those three candles was only moderate.
What I didn't explain however is the parameter characteristics' of those Grind A moves. These Grinds work much like a Bearish compression channel where price is trapped within a tight upward range. When price moves above the top channel line by ANY pips, the chance of a pull back is very high. About 85%
Here is why I took a trade there but I wasn't looking for a full reversal, just 3-8 pips. I would have taken the second trade as well but I had stopped trading by then."
You lazy MF
  • #439
  • May 31, 2020 5:42pm May 31, 2020 5:42pm
Quoting STrading
{quote} "On the information I provide on that chart, you are 100% correct on trade 3 being a bad trade. The aggressive market orders were still too dense and the expansion of those three candles was only moderate. What I didn't explain however is the parameter characteristics' of those Grind A moves. These Grinds work much like a Bearish compression channel where price is trapped within a tight upward range. When price moves above the top channel line by ANY pips, the chance of a pull back is very high. About 85% Here is why I took a trade there...
Lol, are you mad or something?
  • #440
  • May 31, 2020 5:46pm May 31, 2020 5:46pm
Quoting Viktory
{quote} Lol, are you mad or something?
Nope, is just that he had already explained.
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