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Price action at the core = family members' discussion project

  • #841
  • Jan 23, 2021 4:27pm Jan 23, 2021 4:27pm
Quoting failinforex
Do yourself a favour if you don't really know what is market structure, at least read this Manual, kindly offered by bilal1947. Read it, sleep with it, talk about it, till it is part of you as in when you look at a chart you can see it unfolding.
That manual is the typical market structure. This market structure philosophy has PRICE ACTION build central to it. Most people learn and do understand this market structure that's espoused in countless books, YouTube videos and forums. Yet high percentage of traders lose money. Many members on this forum are still searching for solution after many years experience in the market.

Is that the real market structure that offer the edge over the market? Does it really give alpha? Ofc you know the answer. No one has to tell it to you, we are all smart enough.
Know what you trade
  • #842
  • Edited 7:38pm Jan 23, 2021 7:06pm | Edited 7:38pm
Maybe we should invent something, some new indicators, some new way of chart reading, that never ever appeared on FF. Then maybe we will find the holiness of the holiness grail.

Look here - Market structure in its full fractal nature.
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Is there any fractal indicator in FF? Load of them.
Use all of them?
Use any of them?
Use as it is?
These questions apply to the Manual. Get it!
These questions apply to George's idea.

O, well can you see it? Right on the chart.
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It is so simple that no one believe. When was this idea floated in FF?
13 YEARS ago.
Yes, 13 years from a pit trader.
O goodness 13 years. I only found it when I followed the argument here in this thread pertaining TMA.
That's the reason this thread will always have a place in my heart, in my trading journey.

Now apply TMA and the H1 and M15 candle momentum.
  • #843
  • Jan 23, 2021 7:19pm Jan 23, 2021 7:19pm
1 minute entries based on market structure looks like this
Attached Image


And looks like this on daily time frame:
Attached Image
"Exchange of hands"
  • #844
  • Jan 23, 2021 8:08pm Jan 23, 2021 8:08pm
Quoting BWilliam
{quote} That manual is the typical market structure. This market structure philosophy has PRICE ACTION build central to it. Most people learn and do understand this market structure that's espoused in countless books, YouTube videos and forums. Yet high percentage of traders lose money. Many members of this forum are still searching for a solution after many years of experience in the market. Is that the real market structure that offer the edge over the market? Does it really give alpha? Ofc you know the answer. No one has to tell it to you, we...
I have spent time reading Shahabas thread, also many others, and through about 30 books, market structure etc is repeated over and over again, it seems as though all the information is the same, it's just dressed up differently, labelled differently, sold differently, but the common theme is most people are buying and selling in the same spot. You can see this in the GU and EU threads quite clearly

s&d
S&R
exhaustion and order blocks, they are all in the same area give or take a few feet, inchs whatever.

I am not interested in anyone teaching me a system, I just want to know why so many people lose, and then I can just cut out the crap and avoid that road.

I am beginning to believe its capitalisation. for eg, a simple system will work but the return may be small +/- 5% a month, and because of this and having a small account, people deviate from the rules of their system through boredom and doubt, then their winning ratio becomes skewed and they end up losing. If everyone could trade a 250k account w no leverage from the get-go I really wonder what the statistics would end up being. IMO, or maybe I'm still being naive!
  • #845
  • Jan 23, 2021 8:16pm Jan 23, 2021 8:16pm
I have in fact just paid someone with a supposedly proven track record to show me a way in which you can trade, which is unlike anything I will find in books or on FF, so I await with bated breath!
  • #846
  • Jan 23, 2021 8:29pm Jan 23, 2021 8:29pm
Quoting bilal1947
1 minute entries based on market structure looks like this
The complete and detail market structure analysis of the M1 gold market. The pics are self explanatory.
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Know what you trade
  • #847
  • Jan 23, 2021 8:59pm Jan 23, 2021 8:59pm
Quoting bilal1947
And looks like this on daily time frame: {image}
The complete and detail market structure analysis of the daily gold market trade.
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Know what you trade
  • #848
  • Jan 23, 2021 10:27pm Jan 23, 2021 10:27pm
Quoting asset21
I have spent time reading Shahabas thread, also many others, and through about 30 books, market structure etc is repeated over and over again, it seems as though all the information is the same, it's just dressed up differently, labelled differently, sold differently, but the common theme is most people are buying and selling in the same spot. You can see this in the GU and EU threads quite clearly s&d S&R exhaustion and order blocks, they are all in the same area give or take a few feet, inchs whatever.
There are 4 standout points on the chart marked by zigzag. The trader can enter his buy trade at ANY candle to make profit. There are 50candle(99%) close that would end up in profit hitting target. Doesn't matter which candle the trader open his buy trade it makes profit. The ONLY difference is how much profit he makes. Pinpoint accuracy talk is nonsense and not necessary. No special trading skill required.

The key question is "do the trader truly understand market structure" to know the future business direction of the market ?

Do the standard market structure info found on the internet, books, youtube or forum provide such content ?
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Know what you trade
  • #849
  • Jan 23, 2021 11:14pm Jan 23, 2021 11:14pm
Quoting BWilliam
{quote} The complete and detail market structure analysis of the daily gold market trade. {image} {image} {image}
thank you BWilliam for sharing the charts, i am also learning things and treat my this question as my learning,

a.Why price has not reach the marked arrows yet
b. Which side arrows it will target first.

Regards
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"Exchange of hands"
  • #850
  • Jan 23, 2021 11:50pm Jan 23, 2021 11:50pm
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Target, target, target
Many George's followers claimed they solved it. Good for them.
Only 1 had show the before and after chart, 3 or 4 times.
None have show the solution to that puzzle. Most likely they will never show it if ever they cracked the puzzle.
As for me the puzzle is way above my head.

Oh yes these arrows fall under the puzzle -
Attached Image

BUT what happened after all those arrows had been taken I can explained to you without any problem.
  • #851
  • Jan 24, 2021 12:01am Jan 24, 2021 12:01am
Quoting bilal1947
{quote} thank you BWilliam for sharing the charts, i am also learning things and treat my this question as my learning, a.Why price has not reach the marked arrows yet b. Which side arrows it will target first. Regards {image}
The following 2 pics should answer your questions.
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Know what you trade
  • #852
  • Jan 24, 2021 12:18am Jan 24, 2021 12:18am
Quoting BWilliam
{quote} The following 2 pics should answer your questions. {image} {image}
please find below further queries and consider this as my learning dont get annoyed we are not fighting just brain storming.
if any annotations possible or text to support the chart will be much appreciated

Thank you BWilliam in anticipation
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"Exchange of hands"
  • #853
  • Jan 24, 2021 12:26am Jan 24, 2021 12:26am
Algebra has being with us for thousand years. This algebra has been espoused in countless books, schools, YouTube videos and forums.
Does it means that everyone that walk in this planet know how to use it to solve problems?
Ofc you know the answer. No one has to tell it to you, we are all smart enough.

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It can even be used to create/mimic online gaming
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  • #854
  • Jan 24, 2021 12:36am Jan 24, 2021 12:36am
Quoting bilal1947
{quote} please find below further queries and consider this as my learning dont get annoyed we are not fighting just brain storming. if any annotations possible or text to support the chart will be much appreciated Thank you BWilliam in anticipation {image} {image}
You are correct about the fibs, I was lazy to draw the last one.

Quoting bilal1947
{quote} please find below further queries and consider this as my learning dont get annoyed we are not fighting just brain storming. if any annotations possible or text to support the chart will be much appreciated Thank you BWilliam in anticipation {image} {image}
That bottom target probably this year ?
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Know what you trade
  • #855
  • Jan 24, 2021 12:43am Jan 24, 2021 12:43am
Quoting BWilliam
{quote} There are 4 standout points on the chart marked by zigzag. The trader can enter his buy trade at ANY candle to make profit. There are 50candle(99%) close that would end up in profit hitting target. Doesn't matter which candle the trader open his buy trade it makes profit. The ONLY difference is how much profit he makes. Pinpoint accuracy talk is nonsense and not necessary. No special trading skill required. The key question is "do the trader truly understand market structure" to know the future business direction of the market ? Do the standard...
Thanks, I understand to a certain extent of how you approached this, but my question would be, the targets: are they the tops you have circled below? so they are all for consideration as things unfold? and do you reference anything from the 15 min chart to target on the one minute?

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  • #856
  • Jan 24, 2021 1:04am Jan 24, 2021 1:04am
Quoting failinforex
{image}Target, target, target Many George's followers claimed they solved it. Good for them. Only 1 had show the before and after chart, 3 or 4 times. None have show the solution to that puzzle. Most likely they will never show it if ever they cracked the puzzle. As for me the puzzle is way above my head. Oh yes these arrows fall under the puzzle - {image} BUT what happened after all those arrows had been taken I can explained to you without any problem.
Without being sound rude, george have never told anything to be honest. you have to pick and guess on your own

Why is that? I mean why to hide it one may fear that the algorithm may be changed and we also lose to earn as more people know how the market moves but i respect him being an elder and that he spent several hours on charts and its good for him but not for us, either he don't like to share or he don't know but i am no one to comment on either side.

but now this forum should be to learn and share more rather hide things and i will not hiding that is for sure as learning should be FREE and for ALL.
"Exchange of hands"
  • #857
  • Jan 24, 2021 1:11am Jan 24, 2021 1:11am
Quoting bilal1947
{quote} Without being sound rude, george have never told anything to be honest. you have to pick and guess on your own Why is that? I mean why to hide it one may fear that the algorithm may be changed and we also lose to earn as more people know how the market moves but i respect him being an elder and that he spent several hours on charts and its good for him but not for us, either he don't like to share or he don't know but i am no one to comment on either side. but now this forum should be to learn and share more rather hide things and...
the common chorus among "successful" or "profitable" traders that the real possibility exists in making money consistently can be achieved is everywhere in FF, but none are willing to disclose how it is to be done, my thinking is the process they use they treat as proprietary, so must be unique, no-one bothers to hide supply and demand lol
  • #858
  • Jan 24, 2021 1:15am Jan 24, 2021 1:15am
Quoting asset21
Thanks, I understand to a certain extent of how you approached this, but my question would be, the targets: are they the tops you have circled below? so they are all for consideration as things unfold? and do you reference anything from the 15 min chart to target on the one minute? {image}
Trading requires thorough preparatory work. Trader has to analyse market in the context of the big picture. And constantly updated to latest intraday info that paints our charts as it reveals it's target intention.
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Know what you trade
  • #859
  • Edited 4:32am Jan 24, 2021 4:20am | Edited 4:32am
Quoting bilal1947
{quote} Without being sound rude, george have never told anything to be honest. you have to pick and guess on your own Why is that? I mean why to hide it one may fear that the algorithm may be changed and we also lose to earn as more people know how the market moves but i respect him being an elder and that he spent several hours on charts and its good for him but not for us, either he don't like to share or he don't know but i am no one to comment on either side. but now this forum should be to learn and share more rather hide things and...
George said we should be boundless in our thinking. I personally have taken his work and expanded further in an effort to understand the targets. Though we don't have all the information visible for us in the standard charts (we can only see filled orders) one will have go to further and look at the possibility of unfilled orders and where possibly you can find them. What he emphasized is work, work and work. He correctly and repeatedly said this is not for the lazy (and don't look at it in a negative way). The knowledge that he shared has led me to the right direction and I'm thankful to him for that.

In this game everyone is holding the aces for him/herself. A magician never reveals it all.
  • #860
  • Jan 24, 2021 4:47am Jan 24, 2021 4:47am
Quoting Pumi
{quote} George said we should be boundless in our thinking. I personally have taken his work and expanded further in an effort to understand the targets. Though we don't have all the information visible for us in the standard charts (we can only see filled orders) one will have go to further and look at the possibility of unfilled orders and where possibly you can find them. What he emphasized is work, work and work. He correctly and repeatedly said this is not for the lazy (and don't look at it in a negative way). The knowledge that he shared has...
Half information is always dangerous, and it defeats the purpose of the thread. but anyways it doesnt really matter now and the respect to George will be there always.
"Exchange of hands"
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