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Price action at the core = family members' discussion project

  • #1,121
  • Jan 28, 2021 10:54pm Jan 28, 2021 10:54pm
Quoting TimeTells
Hi BW, Well it begs the question then, to any thinking person. If you don't read what is written. Why then are you asking someone a question ? (But I know the answer of course - and it has little to do with trading. In fact it casts a huge shadow sadly on any of your comments now - well as I see it - about anything you have ever written to anybody on here. You are winging it, it seems. Don't let the issue get over you BW, it only happens if you let it, all the best, honestly)
Again, your habitual attempt to discredit me with your twisted logic to influence other readers - stir a mob. That's what you write with ALL your responses to me. I GET It! Hey, listen up I don't care. Do you pretend not to read that I've written so many times?

You're the master GURU. Yes sir you're telling me in your invert writing to add you to the long list of master GURUs. Sorry, I apologise I missed you out. You're in the special class.
Know what you trade
  • #1,122
  • Jan 28, 2021 11:00pm Jan 28, 2021 11:00pm
Quoting PeterCaleb
{quote} bilal1947, You're ignoring what is below and assuming a lot. All of that up down up down moving "oscillations", after its steep move down on left of pic, is back building. The people and/or other participants are trading all those up downs in the middle of pic, performing oscillative profit rotation AKA profit on profit rotation, waiting for the overall market to conclude and finally move up or down to completion. They don't care if it completes up or down. They win either way. Order block theory for FX minus other real world market inputs...

i didnt get what you mean by below which i am assuming, current economic scenario is risk on due to corona and if you mean by below what price has done before it is up there in the circle where i expect it to react to if it doesnt no worries price will go down, but question should be how we deal it? we know how to execute entries on an M1 candle we will follow the money
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"Exchange of hands"
  • #1,123
  • Jan 28, 2021 11:02pm Jan 28, 2021 11:02pm
Quoting TimeTells
FFS lol, I might as well stay logged in. But I have an early dinner to prepare before Franky/London. BW, I will try and explain it this way, so that you get my point. If YOU make a criticism/comment about someone on a Forum, which you have done repeatedly today, it is definately NOT a crime. However don't you think a sensible person would at least READ that which they will make a comment about. You said you didn't read my post. So therefore, by definition, I must assume you haven't read any. And if you haven't read the words in a post, then...
Your posting method is steeped in psychology, that's how you operate. Repetition, repetition with sublimal message till its believed to be true. More members join you will be more convincing, helps your effort.

Too bad this is a forex trading forum. It's all about forex trading.

I have to go. Time to prepare for Franky. It was fun.

I didn't read your last post again. Don't be angry pls. Promise I read them after todays session. Ciao
Know what you trade
  • #1,124
  • Jan 28, 2021 11:13pm Jan 28, 2021 11:13pm
Gold Today ....


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Peter

PS - Show me your concrete proof of data that proves unanimously that "the market" likes to eat stop losses. Please return to my earlier posts to train your mind to step beyond storytelling.
Real Trading is not gambling.
  • #1,125
  • Jan 28, 2021 11:25pm Jan 28, 2021 11:25pm
every candle has 50% chance of moving up and 50% chance of moving down. So????
  • #1,126
  • Jan 28, 2021 11:28pm Jan 28, 2021 11:28pm
The above post with Gold Today, is a type of "Market Neutral" perception. It is a form of trading that doesn't require ANY speculation EVER and is extremely profitable when done properly.

If you spend some time OUTSIDE your own head and become more objective (without preference, bias, judgment, prejudice or opinion) then you will see how elegant and quite simple this strategy is. However, do not be misguided to believe it an easy strategy to perform. It requires guts, research, a backup plan and an understanding of the situation both from top down and bottom up.

I have traded this many times. So I know it works.

Enjoy.

Peter
Real Trading is not gambling.
  • #1,127
  • Jan 28, 2021 11:29pm Jan 28, 2021 11:29pm
Quoting failinforex
every candle has 50% chance of moving up and 50% chance of moving down. So????



In some contexts yes this is true, however, not in all contexts.

Peter
Real Trading is not gambling.
  • #1,128
  • Jan 28, 2021 11:59pm Jan 28, 2021 11:59pm
Quoting failinforex
every candle has 50% chance of moving up and 50% chance of moving down. So????
No not correct. There are areas of low or zero useful liquidity on a market. Price regularly has to retrace so the odds aren’t always 50%
Trading thin liquidity at the boundary of the charts
  • #1,129
  • Jan 29, 2021 12:01am Jan 29, 2021 12:01am
Quoting RickM
No not correct. There are areas of low or zero useful liquidity on a market. Price regularly has to retrace so the odds aren’t always 50%
Correct, the probability changes that give the unlimited irregular permutations. The idea is to spot them on the sine wave that very few know how.
Know what you trade
  • #1,130
  • Jan 29, 2021 12:06am Jan 29, 2021 12:06am
Quoting PeterCaleb
Gold Today .... {image} Peter PS - Show me your concrete proof of data that proves unanimously that "the market" likes to eat stop losses. Please return to my earlier posts to train your mind to step beyond storytelling.
Sure later as going out of town now
"Exchange of hands"
  • #1,131
  • Jan 29, 2021 12:10am Jan 29, 2021 12:10am
Quoting PeterCaleb
Gold Today .... {image} Peter PS - Show me your concrete proof of data that proves unanimously that "the market" likes to eat stop losses. Please return to my earlier posts to train your mind to step beyond storytelling.
Although its looks like a down trend now, somehow I feel its isnt 50/50 may be it is what i see is a recent BOS in the picture is upwards linking it economic scenario of corona is increasing lets see how dollar will react of new president policy's that is all will decide. for now its bullish but if one can enter in sell with a safe entry its okay. For me important is execution with BE trades to be safe.
"Exchange of hands"
  • #1,132
  • Jan 29, 2021 12:11am Jan 29, 2021 12:11am
Thinking exercise - If I was to try and punch you in the head, how many times would I make contact before you would either

A - Move backwards away from it?
B - Move to the side to avoid it?
C - See it coming and either block it, or use its force to your advantage?

Just for once, don't just react with silly comments. Really give this some thought.

Peter
Real Trading is not gambling.
  • #1,133
  • Jan 29, 2021 12:22am Jan 29, 2021 12:22am
Allow me to make a fool of myself. I don't trade gold.
A quick look at the chart for a minute told me this shown in the pic.
The probability to break the top arrow is lower than the bottom arrow.
Don't take this post as signal or whatever trading shite.
Don't blame me for whatever trading decision you make.
Take it as a joke post.
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Know what you trade
  • #1,134
  • Jan 29, 2021 12:23am Jan 29, 2021 12:23am
Quoting bilal1947
{quote} Although its looks like a down trend now, somehow I feel its isnt 50/50 may be it is what i see is a recent BOS in the picture is upwards linking it economic scenario of corona is increasing lets see how dollar will react of new president policy's that is all will decide. for now its bullish but if one can enter in sell with a safe entry its okay. For me important is execution with BE trades to be safe.


bilal1947,

You're placing far too much energy into suppositions. Trump's tweets or corona news is not the market. "Buy the rumor and sell the fact." - ring any bells? These things are not constants. Although the news about something often spills over into the same timeline of market activity, trading news or trading on news is for someone who knows how to "read between the lines" and is not for people starting out.

If I utilize any news coming out it MAY soak up about 1% of what I see as useful. But because I have been doing this for a very long time, I can see what is actually relevant because it will be properly digested by the market in a way that correlates to its true movements. I hope that makes sense.

Peter
Real Trading is not gambling.
  • #1,135
  • Jan 29, 2021 2:28am Jan 29, 2021 2:28am
A suitable trade yet a small trade on the EURGBP while I watched my favorite show .....


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Peter
Real Trading is not gambling.
  • #1,136
  • Jan 29, 2021 3:31am Jan 29, 2021 3:31am
Quoting PeterCaleb
A suitable trade yet a small trade on the EURGBP while I watched my favorite show ..... {image} Peter
My God - do I really see a trade?

Ok .... that looked very good Peter, Thank you for sharing
Trading thin liquidity at the boundary of the charts
  • #1,137
  • Jan 29, 2021 3:55am Jan 29, 2021 3:55am
Quoting RickM
My God - do I really see a trade? Ok .... that looked very good Peter, Thank you for sharing
Relax we're privileged to see the best institutional pro in action.
Know what you trade
  • #1,138
  • Jan 29, 2021 4:02am Jan 29, 2021 4:02am
Quoting BWilliam
{quote} Relax we're privileged to see the best institutional pro in action.


Stop being a clown. You're better than that.


Peter
Real Trading is not gambling.
  • #1,139
  • Jan 29, 2021 4:10am Jan 29, 2021 4:10am
Quoting RickM
{quote} My God - do I really see a trade? Ok .... that looked very good Peter, Thank you for sharing


RickM,

It's just a trade setup NOT a new born baby, relax. If your candid about everything I have already posted here, you'll see plenty of trades I've done. But you'll have to look with both eyes. Hehehehehehehe

Peter
Real Trading is not gambling.
  • #1,140
  • Jan 29, 2021 4:13am Jan 29, 2021 4:13am
Quoting PeterCaleb
A suitable trade yet a small trade on the EURGBP while I watched my favorite show ..... {image} Peter
4 figure or 5 figure profit? If you say 5 figure, then someone else (and not necessarily a clown) could argue that should have been 6 figure...at least.
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
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