Attachments: Price action at the core = family members' discussion project

Price action at the core = family members' discussion project

#301
Nov 27, 2020 1:31am Nov 27, 2020 1:31am

ryuryu
Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts

Quoting PeterCaleb

Disliked

WHY do you need someone to "prove" something?

Ignored

Because you are saying this in every post:

Quoting PeterCaleb

Disliked

Read and learn.

Ignored

You are trying to "teach" us with your non-existent approach. But in fact your "strategy" is bullshit. You are showing only good entries, skipping bad ones.

Show us real trades. To prove your concept. But you won't yes? Because you afraid you will fail with your own "rules" you telling us to "study".

Observer effect

#302
Edited 1:55am Nov 27, 2020 1:35am | Edited 1:55am

PeterCaleb
| Membership Revoked | Joined Nov 2020 | 2,353 Posts

Quoting asset21

Disliked

Hi Peter, thanks for posting, I have enjoyed reading your posts I have posted a chart of H4 off a different pair, would this be the way to look at it? Are you considering price in relation to where it is in the TMA? thanks Mike {image}

Ignored

Hi Mike,

You can look at it that way yes. The main concept for everyone to understand is this ..... YOU do not have ANY impact on the market you are trading UNLESS it's penny stocks etc. OR you are a MAJOR shareholder. PERIOD. So ... Momentum is your friend. Either short term or not. Yes I see where the TMA is re: market activity however I do not let it dictate what I do. It's there to show me basic limits. Why? How many times have you seen a market break through and breach that channel line and just keeeeeps going?! A lot. It's not made of concrete so don't just blindly trust it.

Many people today who try and trade were never around for the times when it wasn't so easy to do things. Re: indicators - trust BUT verify !!

Thanks for talking Mike.

Hi Moodybot

Yes there is a lot in that chart. To be honest, I don't really obsess over some details anymore. I watch the main ones and keep an eye out for other nuances.

Thanks for talking.

Peter

Real Trading is not gambling.

#303
Nov 27, 2020 1:42am Nov 27, 2020 1:42am

PeterCaleb
| Membership Revoked | Joined Nov 2020 | 2,353 Posts

Quoting ryuryu

Disliked

{quote} Because you are saying this in every post: {quote} You are trying to "teach" us with your non-existent approach. But in fact your "strategy" is bullshit. You are showing only good entries, skipping bad ones. Show us real trades. To prove your concept. But you won't yes? Because you afraid you will fail with your own "rules" you telling us to "study".

Ignored

With that attitude, whatever you think of me is irrelevant. If I can find trades where I only need to risk 5-10 PIPS to get into a move worth greater than 3 or 4, then sure I will look. Do I claim to be perfect? No. Do I only show perfect trades or setups? No again. Am I just showing off? No. Are you just a silly person? Yes I am afraid you are. If in fact you are a real person. I am an adult. Silly people don't impress me. Maybe you need to return to my earliest posts so you can read where I explicitly explained and described what I do and WHY I do it.

Thanks for talking.

Peter.

Real Trading is not gambling.

#304
Nov 27, 2020 1:49am Nov 27, 2020 1:49am

PeterCaleb
| Membership Revoked | Joined Nov 2020 | 2,353 Posts

Quoting deanyakobs

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Yea ... yea i think Peter Caleb has a different mindset and method from George Aud teaching. Just watching ... Just my 2 cent ... Get back to George Way ... smile .. smile ... smile ....BIIIIG

Ignored

Just so there is no confusion - You know George is a MAN, right? And he DID TRY to teach/help/aid/assist people who would listen and were willing to learn. Did you ever wonder WHY George left here? Maybe something to do with being tired of being forced to run a daddy day care. So IF George is a MAN, do you think it possible that he CAN be serious when he needs to be? I'm not "replacing" George. George is George. I am just a contributor here. People who won't learn are just afraid to come out of their comfort zones.

Thanks for talking.

Peter.

Real Trading is not gambling.

#305
Nov 27, 2020 2:08am Nov 27, 2020 2:08am

PeterCaleb
| Membership Revoked | Joined Nov 2020 | 2,353 Posts

It's really not difficult. I see a strong move up or down. Is there any reason why it WON'T continue? Can I track it? How do I do that? Can I repeat that every day?

You need to forget about trying to control everything and just have on hand your tools. If you don't have any, then use my posts, George's posts, your neighbor's posts to get ideas and grab ones that you see will work for YOU. Then test them out. And ask yourself if you can keep it simple and use it consistently.

And sooner or later, you will see that some work better for you than others. And you will see that a H1 chart isn't SCARY. Because you have learned how to tame it. This is where your small TF's come in.

I do not cherry pick trades. In my younger years I found this self destructive and costly. Instead I have found it better to accept that I do not know everything and just enjoy my trading. If I have a losing trade SETUP (not just a single ticket) I say OK and move on. It's a business so you really need to treat it with respect and honesty. Anyone who believes I haven't shown what is needed so YOU can possibly do better for yourself, perhaps it's time to hang up your spurs and retire from trading. The one thing that I see with people these days ... you have no problem with having no privacy. I would completely understand if I was asking someone to invest heavily in something. For that WOULD call for appropriate verification and documentation.

But this is an open forum. And with all the "multiple username", it's surprising some people even know if they're coming or going. Learn or don't learn. It's all the same to me.

Cheers

Peter

Real Trading is not gambling.

#306
Nov 27, 2020 2:22am Nov 27, 2020 2:22am

PeterCaleb
| Membership Revoked | Joined Nov 2020 | 2,353 Posts

Just because your money is involved, don't overcomplicate everything. If it was your left arm, OK, hehehehe, get a little worried, but money is not Life. It's just an accessible tool.

Below is a pic that you could recreate for yourself that is just a MA with levels. The levels must be set in fractional PIP count as based on your price chart. I have used this many times when I was without any "special tools" and it works great. Is there a lag. Sure but any MA has it. But it doesn't matter here re: lag. If set far enough apart, it can be used as an alternative for TMATRUE, TMACG etc etc. You need to have a peripheral range for upper and lower extremes, be it highs/lows on close or spikes.

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Real Trading is not gambling.

#307
Nov 27, 2020 3:00am Nov 27, 2020 3:00am

failinforex
Joined Mar 2015 | Status: i have to Carry On | 763 Posts

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Enjoy

#308
Nov 27, 2020 5:02am Nov 27, 2020 5:02am

failinforex
Joined Mar 2015 | Status: i have to Carry On | 763 Posts

Piece of Cake vs Piece of Crab

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#309
Nov 27, 2020 7:12am Nov 27, 2020 7:12am

nozzer
| Joined Dec 2014 | Status: Trader | 465 Posts

@RickM can you talk about ,expansion levels ' more,thank you in advance

#310
Nov 27, 2020 9:09am Nov 27, 2020 9:09am

limprobable
Joined Jan 2012 | Status: Trader | 558 Posts

Quoting PeterCaleb

Disliked

Just because your money is involved, don't overcomplicate everything. If it was your left arm, OK, hehehehe, get a little worried, but money is not Life. It's just an accessible tool. Below is a pic that you could recreate for yourself that is just a MA with levels. The levels must be set in fractional PIP count as based on your price chart. I have used this many times when I was without any "special tools" and it works great. Is there a lag. Sure but any MA has it. But it doesn't matter here re: lag. If set far enough apart, it can be used as an...

Ignored

Hello PeterCaleb,

I must say that your words are full of wisdom and knowledge in this thread.

Thanks for your words; They speak to me.

Unfortunatly i dont see what you trade on your last picture: return to the mean, extreme from extreme ? mean to red and green lines? red line ti green line?

Green pips.

Bottomless wonders spring from simple rules, which are repeated without end

#311
Nov 27, 2020 4:06pm Nov 27, 2020 4:06pm

RickM
Joined Sep 2015 | Status: Trader | 2,516 Posts

Quoting PeterCaleb

Disliked

{quote} Just so there is no confusion - You know George is a MAN, right? And he DID TRY to teach/help/aid/assist people who would listen and were willing to learn. Did you ever wonder WHY George left here? Maybe something to do with being tired of being forced to run a daddy day care. So IF George is a MAN, do you think it possible that he CAN be serious when he needs to be? I'm not "replacing" George. George is George. I am just a contributor here. People who won't learn are just afraid to come out of their comfort zones. Thanks for talking. Peter....

Ignored

Hi Peter

George left here not because he got tired running a day care centre, rather he took things too personally when other traders attacked his teachings. He would ask for only positive feedback and struggled therefore when some unkind traders criticised his strategy. He would ask that trader to join him on a voice Skype chat where he was more comfortable to challenge them back, the keyboard was not his choice of communication.
Bluesteele was an example where he attacked George on his methods, but once a few voice chats occurred, they became close mates and joined the “inner group” of his trading buddies.
George was in his playground when he was the conductor of a voice Skype session with a group of 4-5 traders.
Basically he hates negative amateur keyboard warriors.

Trading thin liquidity at the boundary of the charts

#312
Nov 27, 2020 5:48pm Nov 27, 2020 5:48pm

moodybot
Joined May 2010 | Status: Straight line Fest | 3,194 Posts

Quoting RickM

Disliked

{quote} Hi Peter George left here not because he got tired running a day care centre, rather he took things too personally when other traders attacked his teachings. He would ask for only positive feedback and struggled therefore when some unkind traders criticised his strategy. He would ask that trader to join him on a voice Skype chat where he was more comfortable to challenge them back, the keyboard was not his choice of communication. Bluesteele was an example where he attacked George on his methods, but once a few voice chats occurred, they...

Ignored

I would add that spoon feeding become an irritation to George. Some would knock him without ever opening a chart... usually one chat and they were back in the box!
Some of the clever knockers refused to chat. That spoke volumes. Hope you’re well Rick.

#313
Nov 27, 2020 6:53pm Nov 27, 2020 6:53pm

PeterCaleb
| Membership Revoked | Joined Nov 2020 | 2,353 Posts

Quoting failinforex

Disliked

Piece of Cake vs Piece of Crab {image}

Ignored

I think I am going to struggle with you failinforex. I really enjoy both cake AND crab. Hehehehe

Real Trading is not gambling.

#314
Nov 27, 2020 6:55pm Nov 27, 2020 6:55pm

PeterCaleb
| Membership Revoked | Joined Nov 2020 | 2,353 Posts

Quoting limprobable

Disliked

{quote} Hello PeterCaleb, I must say that your words are full of wisdom and knowledge in this thread. Thanks for your words; They speak to me. Unfortunatly i dont see what you trade on your last picture: return to the mean, extreme from extreme ? mean to red and green lines? red line ti green line? Green pips.

Ignored

Ask RickM that question. He can tell you about expansion levels, liquidity clusters and pools and can tell you "what you want to know".

Real Trading is not gambling.

#315
Nov 27, 2020 7:12pm Nov 27, 2020 7:12pm

PeterCaleb
| Membership Revoked | Joined Nov 2020 | 2,353 Posts

Quoting RickM

Disliked

{quote} Hi Peter George left here not because he got tired running a day care centre, rather he took things too personally when other traders attacked his teachings. He would ask for only positive feedback and struggled therefore when some unkind traders criticised his strategy. He would ask that trader to join him on a voice Skype chat where he was more comfortable to challenge them back, the keyboard was not his choice of communication. Bluesteele was an example where he attacked George on his methods, but once a few voice chats occurred, they...

Ignored

Here's the thing with me .... I am an older man who has spent his life around adults. I mean real adults. People who treat each other with respect. With a sense of care and responsibility. I have people in my life who have children and grandchildren. And so I know the value of being real about who I am. And to add, I also know what melodrama looks and sounds like. And usually, the only people I have ever encountered who enjoy or love or are stimulated by melodrama are children. And as I look around the world, it is now full of people who pretend that they do not like melodrama however, upon closer inspection, they LOVE it. They "get off on it".

And as a person who understands human psychology (enough) it is easy to see that many people here do not understand it. RickM, what you just described IS melodrama. So explaining it away doesn't change certain core markers that make it what it is. It's the same with trading. Eg - A person who resigns themself to mechanical trading is going to get pummeled in the coming years because of the worldwide reduction in leverage - Continental US, EU and soon the Pacific Asia Rim. So while people have been enjoying their taste of melodrama, the world went and got much more real and different than people are truly ready for. As I said in the beginning of my contributing posts Rick, a spade is a spade. So yes, it was in fact a daddy day care style environment. To learn or not to learn. This is the only question that matters.

I apologize if this hurts your sensibilities.

Thanks for talking

Peter

Real Trading is not gambling.

#316
Nov 27, 2020 7:19pm Nov 27, 2020 7:19pm

failinforex
Joined Mar 2015 | Status: i have to Carry On | 763 Posts

Quoting PeterCaleb

Disliked

{quote} I think I am going to struggle with you failinforex. I really enjoy both cake AND crab. Hehehehe

Ignored

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Pan Fried Crab Cake

#317
Nov 27, 2020 7:26pm Nov 27, 2020 7:26pm

PeterCaleb
| Membership Revoked | Joined Nov 2020 | 2,353 Posts

And please don't get sidetracked by the reduction in leverage issue. People need to stop looking at these things in an isolated way. It's a SYSTEM with many moving parts. SO if you want to understand this issue, put some energy into thinking about what will change and what will be affected instead of JUST the leverage situation.

Peter

Real Trading is not gambling.