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Price action at the core = family members' discussion project

  • #1,061
  • Jan 28, 2021 1:36am Jan 28, 2021 1:36am
Quoting BWilliam
{quote} Market is always transparent in full view for everyone to see. We see the same bars or candles on our charts. The small difference is few see ahead of time things that will happen in the future that paints on all our charts eventually. Kudos to you, you took the trade right at the start candle. {image} {image}
GBPUSD moves le
  • #1,062
  • Jan 28, 2021 1:41am Jan 28, 2021 1:41am
Enter with 0 drawdown, done BE, taking partial - BE hit, repeat it!
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"Exchange of hands"
  • #1,063
  • Jan 28, 2021 2:10am Jan 28, 2021 2:10am
It is not a secret if i can do it so there is a logic and other can do it too
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"Exchange of hands"
  • #1,064
  • Jan 28, 2021 2:12am Jan 28, 2021 2:12am
Quoting bilal1947
It is not a secret if i can do it so there is a logic and other can do it too {image}
That's why I call you out as a special trader.
Seriously, people should learn from you.
And Failinforex the super scalper.

Did you execute your trade from your phone ? Curious to know
Know what you trade
  • #1,065
  • Jan 28, 2021 2:21am Jan 28, 2021 2:21am
Quoting BWilliam
{quote} That's why I call you out as a special trader. Seriously, people should learn from you. And Failinforex the super scalper. Did you execute your trade from your phone ? Curious to know
the bottom one from pc, second one from phone was in washroom thanks to mobile and pending orders options.
"Exchange of hands"
  • #1,066
  • Jan 28, 2021 2:23am Jan 28, 2021 2:23am
Quoting bilal1947
the bottom one from pc, second one from phone was in washroom thanks to mobile and pending orders options.
Thanks, I brought this up because some people say pro trader never take trades from the phone. To me no difference. Why don't use the mobility of the phone?
Know what you trade
  • #1,067
  • Jan 28, 2021 2:28am Jan 28, 2021 2:28am
Quoting BWilliam
{quote} Thanks, I brought this up because some people say pro trader never take trades from the phone. To me no difference. Why don't use the mobility of the phone?
Small Windows tablet is good on mobile trading.
Without despair & distraught, focus on Patience to FRESH MOTiVES.
  • #1,068
  • Jan 28, 2021 2:31am Jan 28, 2021 2:31am
Quoting bilal1947
It is not a secret if i can do it so there is a logic and other can do it too {image}
Gold hit resistance 1841.40 15minutes ago.

GBPUSD struggle with support 1.3641. It has to break to if it intends to go lower. Else that's 50% possible day low. Resistance at 1.36825 also tough nut to break. 40 pips range.
Know what you trade
  • #1,069
  • Jan 28, 2021 3:53am Jan 28, 2021 3:53am
Quoting BWilliam
{quote} Tbf this is George thread with his unique style of analysing the market. His devotees are unhappy because some of us post things that are not relevant to this thread. And they are right. My purpose is to take this opportunity to show to the staunch devotees with pic examples that there exist another large world out there way beyond this thread. That's all. And I believe I have done that. No more from me.
I agree with you. The problem starts when you give a grade 8 work to a grade 1 student without taking the grade 1 student through a process that will enable him/her to see and understand grade 8 work. In the original thread George said, if I'm correct, he was targeting the struggling traders (and obviously anyone who wants to learn) and also the pre-requisite is to know how to trade. He therefore showed us a foundation according to the way he sees the market.

I think some of the pro-traders here are trying so hard to communicate and there is only a small number of audience that understand their language. That could mean then the communication approach used is perhaps not effective and that the message should be communicated from another angle. Remember many of us have jumped from one system to another during the beginning stages of this trading journey and in the process we got burned. Any new view that seems not to be an improvement to or that deviates to a great degree from the existing one might meet some resistance (at first). George also did meet some resistance before everyone could understand his approach or view of the market (to some extent).
  • #1,070
  • Jan 28, 2021 4:52am Jan 28, 2021 4:52am
Quoting Pumi
I agree with you. The problem starts when you give a grade 8 work to a grade 1 student without taking the grade 1 student through a process that will enable him/her to see and understand grade 8 work. In the original thread George said, if I'm correct, he was targeting the struggling traders (and obviously anyone who wants to learn) and also the pre-requisite is to know how to trade. He therefore showed us a foundation according to the way he sees the market. I think some of the pro-traders here are trying so hard to communicate and there...
Actually trading need not be so complicated with bombastic narrative. All the trader needs to know is the valuation intent of the market in live market. What's the high price and low price ? Buy when the market is selling at low bargain price and sell when market is buying at high rooftop price. Don't have to be perfect and don't have to take all the profits available. Get what the trader wants and get out of the markets. I posted the market valuations in the earlier post. If any trader entered buy trades AFTER my entry candle he would still have made a nice profit, makes no difference. I wrote about forex trading expectation in my earlier post. Trade closed on preset profit. I hope you guys don't think I'm boasting or bluffing. Just to show some live market calls to demonstrate the point. This trade is the contrarian reversal trade, if the trader gets it wrong he gets his arse handed to him. That's why it's not recommended to those new to trading.

Now live market valuation intent is to struggle with the resistance level 1.36825.
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Know what you trade
  • #1,071
  • Jan 28, 2021 5:58am Jan 28, 2021 5:58am
I have said before that real people who really trade their real life accounts are not in the habit of "chit-chatting" with other people. Why? It is very frustrating to deal with someone who doesn't want to stretch their thinking and possess a total lack of respect and just wants to argue with you when you try to explain things as it NEEDS to be understood. Not this minimum wage style of thinking I find rampant of this site. If you do not want to lift the weight of putting in effort then go play video games.

There is nothing complicated about common sense and basic intelligent thinking, Perhaps YOU people are the ones with really low standards of thinking and working, that you think it's a "breeze" to learn and understand what goes on in this world.

Re: Pumi's words. I can appreciate what you're saying but ....... rubbish. George's approach is not unique or original at all. I have already found a number of people on this site who eventually just "left the building" because they outgrew all the immaturity of it all. These individuals were pointing out this stuff to others long before George. What you're saying merely "justifies" people's "problems with learning". IT starts and ends in between your ears. Did, Does and always will. When I showed my other friends George's original thread, they just laughed and said, "Is THAT what they're calling it this year?" So people know that you determine whether you learn or make a fool of yourself.

Buy, was and is and always will be buy. Same with sell. If a person stops making excuses and realizes if your thinking is "off" then your complete approach to learning how to trade AND to assimilate information and knowledge will also be off. It's something every person has to deal with.

The person who spends 10 years trying to learn something that SHOULD honestly only take a few hours, is making excuses and telling stories somewhere in their mind.

Reversal, breakthrough continuation or opposite reversal. That's it. They're your choices for trades.

Not complicated. From what I see, all of you spend FAR too much time talking about rubbish and far too LITTLE time talking about what really counts. It's pseudo social stuff that has tried to combine some form of socializing with conversing about trading and other topics surrounding it. And it is obvious it does not work.

If any "pro trader" DOES actually come along, the last thing they want is some idiot with an attitude getting in their face and telling them "how it is". I say this because people have done it to me. Real life traders have a very low opinion of sites like this and the people who "stay too long" because they know the people who are trying to learn need to be objective to do so.

As for people system hopping. People are impatient and immature in their thinking. If you don't agree, go find a trader who has been actively trading their own money for at least 20yrs and point them to this site and perhaps even this thread. And watch the corners of their mouth turn upward and their eyes squint. It is YOUR choice alone to hop around. Lack of common sense will do that to a person.

So you wanna learn to trade? Then lift your standards in every category. Stop BSing yourself and others. Stop trying to con a career trader with your silliness. It only makes you look like an idiot and we can see it coming.

Stop assuming you're NOT the problem. Be part of your solution and stop agreeing with ridiculous "bottom of the barrel" mindsets and attitudes and opinions. It only makes it worse.

I am truly sorry if this seems harsh but ---- really --- do you want to STILL be on this site talking crap with people in 10yrs time?

I won't be. And anyone who values their time won't either.


Peter
Real Trading is not gambling.
  • #1,072
  • Jan 28, 2021 6:22am Jan 28, 2021 6:22am
[quote=PeterCaleb;13382479]

Well thank you Peter. I will sit down and reflect on what you just said.
  • #1,073
  • Jan 28, 2021 8:10am Jan 28, 2021 8:10am
Gold update
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"Exchange of hands"
  • #1,074
  • Jan 28, 2021 8:50am Jan 28, 2021 8:50am
Quoting bilal1947
Gold update {image}
Well done, it cannot be much more simpler, right smack on the Order Block.
  • #1,075
  • Jan 28, 2021 9:19am Jan 28, 2021 9:19am
Quoting BWilliam
GBPUSD struggle with support 1.3641. It has to break to if it intends to go lower. Else that's 50% possible day low. Resistance at 1.36825 also tough nut to break. 40 pips range.
The low of the day is registered in London session. The 50% is due to the retest during NY open before red news release.
The current high target 1.3735 is the result of the rapid weakening of USD in NY session after red news release.
Example of fundamentals that move the market.
Know what you trade
  • #1,076
  • Jan 28, 2021 10:27am Jan 28, 2021 10:27am
Quoting BWilliam
{quote} The low of the day is registered in London session. The 50% is due to the retest during NY open before red news release. The current high target 1.3735 is the result of the rapid weakening of USD in NY session after red news release. Example of fundamentals that move the market.
BWilliam & TimeTells thank you for your educational and clear posts. I just collected some more easy 75 pips TP hit from GBPUSD, on the way up.
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  • #1,077
  • Edited 4:05pm Jan 28, 2021 3:08pm | Edited 4:05pm
Quoting Pumi
{quote} {image}

Cheers Pumi, collectively we work better.

I could never understand one trader saying their way is the only way, the right way or the best way.

We all have a piece of the pie to explain.


The market is constantly evolving its "chart" self (fractals, fibs - and yes waves also - show up on the inner workings).

While the BIG picture market structure plays out pretty much the same day after day.

(As an old guy in Oz I was in bed before the NY session - so missed the big pip collects
but I eked out + 20.6p in Asia and Franky / London in my own way lol )


edit: I though inflection was not a forex term but I found a reference to the word back in 2017
I see it as a range-bound turning or continuation point - that is all


...
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  • #1,078
  • Jan 28, 2021 3:28pm Jan 28, 2021 3:28pm
Quoting PeterCaleb
I have said before that real people who really trade their real life accounts are not in the habit of "chit-chatting" with other people. Why? It is very frustrating to deal with someone who doesn't want to stretch their thinking and possess a total lack of respect and just wants to argue with you when you try to explain things as it NEEDS to be understood. Not this minimum wage style of thinking I find rampant of this site. If you do not want to lift the weight of putting in effort then go play video games. There is nothing complicated about common...
"Real life traders have a very low opinion of sites like this and the people who "stay too long" FFS Peter, i just came back to see how this thread is going, and i see the same old BS is still going on, maybe time to take notice of your own words and realize you have "stayed too long"?
  • #1,079
  • Edited 4:25pm Jan 28, 2021 4:03pm | Edited 4:25pm
Quoting bilal1947
{quote} Everyone is learning here, and there is no need to go in argument that i am better than everyone else here, we all should just learn without indulging in to arguments what one feel suits him should take it and what doesn't, than don't need to waste time replying rather use it to learn keeping the calm.
Interesting to see you are trading one of Fxcyborg’s No draw down strategy.
Man that all ended badly in the end with his discord group. I would say many who were in that group and there were hundreds from forex factory, will never put their hand up and admit they were there.
I still think his threads had some of the best strategies I have seen on Forex Factory. I use his three bar, second bar retest open bar (all bullish) one strategy. A forex and binary options great setup.
Trading thin liquidity at the boundary of the charts
  • #1,080
  • Jan 28, 2021 5:40pm Jan 28, 2021 5:40pm
Quoting TimeTells
I could never understand one trader saying their way is the only way, the right way or the best way.
No one said mine is the only way, the right way or the best way. It's your EGOISTIC mindset that read what's written that way. What's worse is to put ugly words into my mouth. As usual in all your writings you try to discredit me. That's what you do to uplift yourself while you put me down. You may be old that doesn't mean I am young. That's a wrong assumption you've made. Like I wrote earlier read your post again, another unconnected person who's competent in English can confirm what I say about your writings. Anyway I couldn't be bothered how you try to discredit me, unlike you I have no ego, too old for that. But its important to call you out for what you really are. My advice from old timer to another, restrict your posts to trading matters cut the under the belt crap out.

To explain my post which I wrote clearly, your understanding of market structure is incomplete after your decades of screen staring experience. Far from complete about a complex market. The live market calls show there's much more depth than what you have presented. That's all I am saying. Period. And it's about trading which is important for readers to be aware of, that's my ONLY purpose. Don't habitually put ugly word in my mouth when somehow in some weird way your EGO got hurt.

https://www.forexfactory.com/thread/...5#post13382035
Know what you trade
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