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Price action at the core = family members' discussion project

  • #1,741
  • Feb 16, 2021 10:32pm Feb 16, 2021 10:32pm
Would someone pass a bucket...
  • #1,742
  • Feb 16, 2021 10:52pm Feb 16, 2021 10:52pm
This thread is the ego-extension of George. He tried hard to portray himself as the master trader but failed. He might had morphed himself to another person.
But writing style is a tell-tale sign, he is very much active here.
  • #1,743
  • Feb 16, 2021 10:56pm Feb 16, 2021 10:56pm
Quoting failinforex
This thread is the ego-extension of George. He tried hard to portray himself as the master trader but failed. He might had morphed himself to another person. But writing style is a tell-tale sign, he is very much active here.
Definitely not George.
  • #1,744
  • Feb 16, 2021 11:03pm Feb 16, 2021 11:03pm
Quoting moodybot
{quote} Definitely not George.
Hopefully not. Else he seriously needs professional help.

just a side note to George - asian build up ____pips runs up to London fail. I am still running the statistic till date.
USD strength via Currency and stock data is more important running up to London.
rather gamble with Billy's bar which got 90% statistic backing.

no not asking any to follow.
  • #1,745
  • Feb 16, 2021 11:26pm Feb 16, 2021 11:26pm
Quoting failinforex
{quote} Hopefully not. Else he seriously needs professional help. just a side note to George - asian build up ____pips runs up to London fail. I am still running the statistic till date. USD strength via Currency and stock data is more important running up to London. rather gamble with Billy's bar which got 90% statistic backing. no not asking any to follow.
If it’s working, keep doing what you’re doing.
Billys a good guy, statistics based.
George method also based on statistics, in fact very much so.
My method involves throwing ping pong balls into a goldfish bowl...although starting to run out of fish food!!
  • #1,746
  • Feb 16, 2021 11:35pm Feb 16, 2021 11:35pm
Quoting failinforex
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Maybe, level to watch Math cum Magic Practice cum Prayer Whichever rock the boat
It is almost there. I don't know will it make it.
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  • #1,747
  • Feb 16, 2021 11:41pm Feb 16, 2021 11:41pm
If you want to learn how to trade properly, you need to make observations of what most other people are thinking and doing then do the OPPOSITE.

That means if you're reading this you need to learn how to be objective. George "did" try to show people in his own way but as usual, people believe an opinion is worth Gold up against the basic simple observable factual truth. For example - if you are someone with a very soft underbelly, then you will misinterpret constructive feedback as negative criticism. It's no one's fault but your own, if you don't understand your own psychology. This is the real stuff behind "trading". Not button pushing and pretty charts and indicators. That's all for children looking for shiny things in the room.

To be objective in your trading means ......

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And ......

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And accepting that .....

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Then once you have reached this point, give away all preference to everyone's opinion alone, every single person's "approach", every thread on this site, to start drawing up your own factual blueprint of trading as an activity, as an industry, including as many of the basics about these as you can find and verify.

People on this site are gonna HATE it when you start doing this. It's gonna drive them CRAZY !!

Why? They don't want you to LEARN !! Hell no !! They want you to become JUST LIKE THEM.

Opinions galore without a shred of real life thrown in there.

So you have to ask yourself - Do you REALLY want to end up like them ??

If you're not being objective, then how would you know who to trust, what to believe and what information and concepts to apply to your trading activities?

You don't have to trust or believe me. In fact, I would say you could ignore everything else I have said so far and ONLY concentrate on THIS post alone and you would learn more for yourself than ALL of this site overall. Learning to be objective is the toughest thing to do when you're addicted to your opinions and the space in between your ears. But at some point, real life catches up to you.

Something to think about.

Peter
Real Trading is not gambling.
  • #1,748
  • Feb 17, 2021 12:50am Feb 17, 2021 12:50am
Quoting failinforex
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Maybe, level to watch Math cum Magic Practice cum Prayer Whichever rock the boat
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Completed.
  • #1,749
  • Feb 17, 2021 1:05am Feb 17, 2021 1:05am
Kindergarten Children - basic pattern
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When they are in Primary school, most 90% solved this in 2 minutes or less
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PATTERN - FRACTAL
  • #1,750
  • Feb 17, 2021 2:54am Feb 17, 2021 2:54am
My thank you note to George.
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You set me thinking.
You had caused me sleepless night.
I had been trampled by TMA numerous time.
No, I did not solved that puzzle.
I tried all the grinding filters you laid out. None worked for me.
Till I read something about currency strength and those inter-markets that have effect on USD.
It is just that simple. Top TMA will not withstand the strength nor the bottom TMA can hold back the weakness.

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Thanks for this above. Fractal, goodness, god knows how many fractal indicators I have downloaded.
Hourly average, ADR average .... everything can be averaged to the lower time frame.

From the bottom of my heart, George, a big Thank You to you.
Adios
  • #1,751
  • Feb 17, 2021 3:00am Feb 17, 2021 3:00am
Quoting failinforex
My thank you note to George. {image} You set me thinking. You had caused me sleepless night. I had been trampled by TMA numerous time. No, I did not solved that puzzle. I tried all the grinding filters you laid out. None worked for me. Till I read something about currency strength and those inter-markets that have effect on USD. It is just that simple. Top TMA will not withstand the strength nor the bottom TMA can hold back the weakness. {image} Thanks for this above. Fractal, goodness, god knows how many fractal indicators I have downloaded. Hourly...
George just made contact.
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Know what you trade
  • #1,752
  • Feb 17, 2021 8:30am Feb 17, 2021 8:30am
Quoting PeterCaleb
Enjoy .... https://www.youtube.com/watch?v=sKBH9W-0Daw Peter
Thanks for the video.
  • #1,753
  • Feb 17, 2021 11:41am Feb 17, 2021 11:41am
Quoting BWilliam
{quote} Hi Bushy, I am intrigued with this post. If I'm not wrong you're the first member to post the bolded statement and the next underlined following that. IMHO, the biggest mistake that traders make is to trade the markets without spending enough time learning how to trade. 99.02% of traders make this mistake. Its easy to know if anyone made this mistake or not. Just count the YEARS spent on learning how to trade and compare that time spent trading live markets. If the trader does it the right way the numbers should look the right way. That's...
Yep, learn the skill, the profits will come.
  • #1,754
  • Feb 17, 2021 11:43am Feb 17, 2021 11:43am
Quoting failinforex
{quote} {image}Completed. {image}

Good stuff
  • #1,755
  • Feb 17, 2021 3:56pm Feb 17, 2021 3:56pm
Quoting Bushy
I'm not really interested in win rate, risk management, risk amounts, etc etc as much as I am in just getting it right, and when you get 90%+ trades winning, that is the most significant aspect of your profit. RULE#1 AVOID LOSSES.
Hi Bushy, I wrote a similar view almost one year ago(devoted points 3 to 5 on stop loss and risk management)
https://www.forexfactory.com/thread/...7#post12886317

Fraud gurus never mention what you wrote. They mostly direct their devotees attention to their nice equity curve and high win rate. That's how to easily recognise they're fraudulent.
Know what you trade
  • #1,756
  • Feb 17, 2021 5:47pm Feb 17, 2021 5:47pm
Quoting BWilliam
{quote} Hi Bushy, I wrote a similar view almost one year ago(devoted points 3 to 5 on stop loss and risk management) https://www.forexfactory.com/thread/...7#post12886317 Fraud gurus never mention what you wrote. They mostly direct their devotees attention to their nice equity curve and high win rate. That's how to easily recognise they're fraudulent.



You truly have a serious problem with other people who just naturally know and understand and are aware of more than you, don't you.

Admittedly there would be many who have and do defraud other people, but WHO is really to blame here? The defrauder or the person who doesn't take responsibility for themselves and their thinking? If the defrauder won't reform themselves, then isn't it the responsibility of the other person to wise up and use their basic maturity and common sense to see what's going on?

What I have found with you and people like you, you are never satisfied with what a real person offers as proof. I don't mean falsified equity details and account details. I am talking about real life hard evidence that someone truthfully knows what they're talking about .... and can prove it and back up what they say. It's no one's fault if you're a dumb-ass who cannot tell the difference between a fake and someone real. That's on you.

@ Bushy - if you don't think all those things are important right now, apart from your 90% ...... come back and find me in 10yrs time and tell me the same thing. I'll wager the EURUSD has changed in some ways and your eagerness to exclude what needs to be understood will have some affect on your outcomes. Just a small insight from someone who's been trading for a while.


Peter
Real Trading is not gambling.
  • #1,757
  • Feb 17, 2021 5:51pm Feb 17, 2021 5:51pm
I don't need someone's bloated opinion to tell me what's real and true and consistent. I can think for myself and I can do the research and investigations to find out for myself. People on here seem to think that 100 opinions and "thumbs up" qualifies as evidence and offers empirical validity to something.

I cannot think of anything more backwards. This is why I don't give thumbs up or down or use the ignore function - it's childish and self obsessing.

Peter
Real Trading is not gambling.
  • #1,758
  • Edited 7:53pm Feb 17, 2021 6:41pm | Edited 7:53pm
Quoting PeterCaleb
People on here seem to think that 100 opinions and "thumbs up" qualifies as evidence and offers empirical validity to something. I cannot think of anything more backwards. This is why I don't give thumbs up or down or use the ignore function - it's childish and self obsessing. Peter
I agree with that to a degree.

Are you aware or you're so blind that you don't know your 2 most faithful adult devotees and cheer leader have been engaged in this very activity that you wrote? Perhaps you could have advised them in private write on pm to them.

I daresay if FF has no like button this forum will lose half it's appeal. Many showboating posts will disappear. For a proper platform to facilitate discussion do away with the silly like button. That's been abused by adults to drive mob opinion.

Now that this is out in the open there's no need for ignore anymore.

You happen to think I am well liked on this thread. Fact is I am the most hated poster on here that cavers wish to shred into pieces feed to the dogs if they could. Some members lurk here to read my posts then get their blood boiling.

And you take issue with my use of the word fraudulent guru because you see yourself as one. That's why you felt the need to reply to posts not addressed to you and your replies use strong words like bullshit, stupid, fool, moron, prat... Gotcha

Remember that we're on a trading discussion forum where members write their opinion.
Know what you trade
  • #1,759
  • Feb 17, 2021 7:57pm Feb 17, 2021 7:57pm
Quoting Bushy
{quote} You miss my point, my point is learning trading not trading, I will trade when I have learnt, of course 10 PIPS is arbitrary, but I only trade EURUSD, and for my entries it works, I'm not really interested in win rate, risk management, risk amounts, etc etc as much as I am in just getting it right, and when you get 90%+ trades winning, that is the most significant aspect of your profit. RULE#1 AVOID LOSSES.
Hi Bushy

I would say losses don’t matter much at all.

RULE #1. Always follow your trading plan without fail


If you have tested it correctly, you won’t fear losses.
The next loss normally means I will probably win the next handful of trades I enter into.

An example last night was I took a trade on EURAUD when it was about to exit the price channel but I failed to follow one of my trading rules. It states to wait for exhaustion AFTER it has retested the price channel.
That was my only loss last night in about 40 trades, as usual my impatience is always my biggest trading issue.
Trading thin liquidity at the boundary of the charts
  • #1,760
  • Feb 17, 2021 9:19pm Feb 17, 2021 9:19pm
Trading is for adults and speculating is for children. Just my opinion of course.

Trading on opinion is for people who can't be bothered to work out what works and what doesn't. Just my opinion of course.

Listening to someone who offers little to no efficacy of what they're talking about is a waste of time. Of course this is just my opinion.

The more you listen to opinion when dealing with real life, the worse your chances for understanding it are going to be. Just an opinion ..... of course.


Peter
Real Trading is not gambling.
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