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Real or Algo

  • #1,001
  • Mar 9, 2021 11:52am Mar 9, 2021 11:52am
I dont know whats got your goat, can't we all agree to disagree.

GBUSD levels to watch : 1.40087 (agreement) 1.39338 1.38575 1.38398 1.37255 1.37011 based on information from my data feed.

These are not algo levels, no secrets, no mathematics, no magic formulas, no magic indicators though they do help often .

Just simple observation.

I won't post any more levels either, so don't ask.
It never gets easier, you just get better
  • #1,002
  • Mar 9, 2021 12:00pm Mar 9, 2021 12:00pm
Quoting BWilliam
{quote} Can they do this on ALL pairs? As proof, can your group of traders post a single algo level for any pair of your choice for tomorrow trading? Can Shabs post just one single algo level of any pair of his choice on any day he select? I did not select the pair nor did I select the day. TimeTells made the selection. Check my history posts. I have made plenty of algo levels post before the price reach those levels. I won't make anymore than what I have posted. It's your turn to post proof of your ability to call future algo levels. Back up your...
Oh BW..your EGO is rampant.
Rick posted a perfectly fine explanation on GU.. all the markets of the world don't just revolve around your magic numbers u know.
You say check your history posts hahahaha...what? you mean the ones you haven't gone back and edited? The ones you haven't deleted? The ones made under your previous username?
You've said SO many times "it's my last post here", "I've posted too much info already"..crying wolf. Do u want us all to start weeping and begging u not to go ???
I tell u what..I'm outta here already. Rampant BS
  • #1,003
  • Mar 9, 2021 12:08pm Mar 9, 2021 12:08pm
Quoting Shabs19
I dont know whats got your goat, can't we all agree to disagree. GBUSD levels to watch : 1.40087 (agreement) 1.39338 1.38575 1.38398 1.37255 1.37011 based on information from my data feed. These are not algo levels, no secrets, no mathematics, no magic formulas, no magic indicators though they do help often . Just simple observation. I won't post any more levels either, so don't ask.
1.40087 algo level for GU tomorrow trading.

I take it to mean day high. This forum shall watch this level for the market tomorrow. Make their own conclusions.

Thank you Shabs for stepping up to the plate make the algo level call.

No matter what happens tomorrow you deserve respect.

Now waiting for GEfx call for tomorrow market. He has his team of traders to consult.
Know what you trade
  • #1,004
  • Mar 9, 2021 12:18pm Mar 9, 2021 12:18pm
Quoting BWilliam
{quote} 1.40087 algo level for GU tomorrow trading. I take it to mean day high. This forum shall watch this level for the market tomorrow. Thank you Shabs for stepping up to the plate make the algo level call. No matter what happens tomorrow you deserve respect. Now waiting for GEfx call for tomorrow market. He has his team of traders to consult.
It's not an ALGO level, that is BS. Don't put words into other peoples mouths.
These are significant price levels for GU. THey are not the only ones either.
I don't trade off these levels, but they are places to watch out for. This is not my way to trade, this is yours. You own it.

Stop taking the P......
It never gets easier, you just get better
  • #1,005
  • Mar 9, 2021 12:20pm Mar 9, 2021 12:20pm
Quoting Shabs19
It's not an ALGO level, that is BS. Don't put words into other peoples mouths. These are significant price levels for GU. THey are not the only ones either. I don't trade off these levels, but they are places to watch out for. This is not my way to trade, this is yours. You own it. Stop taking the P......
You just made this 1.40087 level call for GU tomorrow market right? This forum will watch your call in your original post.
https://www.forexfactory.com/thread/...2#post13444472
Know what you trade
  • #1,006
  • Mar 9, 2021 12:23pm Mar 9, 2021 12:23pm
Quoting BWilliam
{quote} Can they do this on ALL pairs? As proof, can your group of traders post a single algo level for any pair of your choice for tomorrow trading? Can Shabs post just one single algo level of any pair of his choice on any day he select? I did not select the pair nor did I select the day. TimeTells made the selection. Check my history posts. I have made plenty of algo levels post before the price reach those levels. I won't make anymore than what I have posted. It's your turn to post proof of your ability to call future algo levels. Back up your...
Hi BWilliam,

Yes, I can do this on all the pairs I trade. I am a target trader, and enter trades that are destined to move to target, exit at targets, and respond quickly when things don't go my way. That is how I've traded this week, and have over 340 pips to show for it (I've left comments here on this thread regarding what I've been trading, which has been the GA and the E$, so I'm not hiding anything).

I have a journal here on FF, that I have not posted to in quite a long time. But, in it, you can see how I pick targets. I think I'm pretty good at it, at least for my needs. I think my track record can be viewed there, at least in part. But, if you'd like to know more, please feel free to pick two or three pairs for tomorrow and I'll give it a whirl for you.

As for your comment about knowing more than the bankers and professional traders, I think this is the first time I've come across someone on FF with the temerity to say they know more than the market (bankers and professional traders make up 90% of traders and volume, and represent the force of the market). I was just surprised that you said that.

I don't expect anything out of you or anyone else on FF, except to explain what you mean and backup what you say. So let me be clear in case I haven't been already: I don't know what algo levels are, because I don't believe in the big all powerful algo. So when you ask me to show algo levels, I have no intention of showing you something I don't believe in or engaging in some game called "show your also levels". I can show you my levels from the BANKERS CHARTS that I have, but have no idea how to produce an algo target.
  • #1,007
  • Mar 9, 2021 12:26pm Mar 9, 2021 12:26pm
Quoting GEfx
Hi BWilliam, Yes, I can do this on all the pairs I trade. I am a target trader, and enter trades that are destined to move to target, exit at targets, and respond quickly when things don't go my way. That is how I've traded this week, and have over 340 pips to show for it (I've left comments here on this thread regarding what I've been trading, which has been the GA and the E$, so I'm not hiding anything). I have a journal here on FF, that I have not posted to in quite a long time. But, in it, you can see how I pick targets. I think I'm...
Hi GEfx, just pick one pair that you're confident with how you think it will trade tomorrow market. Just one. Write whatever you wish in that post.

Something like what Shabs has done in his post above.
https://www.forexfactory.com/thread/...2#post13444472
Know what you trade
  • #1,008
  • Mar 9, 2021 12:36pm Mar 9, 2021 12:36pm
Quoting BWilliam
{quote} You just made this 1.40087 level call for GU tomorrow market right? This forum will watch your call in your original post. https://www.forexfactory.com/thread/...2#post13444472
Do you have difficulty reading or just taking the P...........?

These are not calls, these are levels to watch for price reaction on GU This is not the only one to watch.

Highlighted that one because price got to it or close to it 3 times last week and failed to close above and was mentioned several times during
the current conversations. This level (1.40087) was marked on my chart before last weeks trading as did other traders like GeFX & Rick M
using their own methods.

I will not explain this to you again.

You have not explained where this Algo is or who owns it. Sounds like The Wizard of Oz to me.
It never gets easier, you just get better
  • #1,009
  • Mar 9, 2021 12:40pm Mar 9, 2021 12:40pm
Quoting Shabs19
{quote} Do you have difficulty reading or just taking the P...........? These are not calls, these are levels to watch for price reaction on GU
If you did not use the word "simple" I would not have gone after you. Anyway I'm wasting my time with you.
Know what you trade
  • #1,010
  • Mar 9, 2021 12:52pm Mar 9, 2021 12:52pm
Quoting BWilliam
{quote} If you did not use the word "simple" I would not have gone after you. Anyway I'm wasting my time with you.
Makes no differnce to me to what you think. Trading is as simple as you can make it, without all the BS

I'm wasting my time with you also.

You are here only to self proclaim your brilliance above all the professionals & market makers who know less than you - period.
I am sure there will be statue in the financial district in the major centres erected in your honour soon.
Good luck with that.
It never gets easier, you just get better
  • #1,011
  • Edited 1:36pm Mar 9, 2021 12:54pm | Edited 1:36pm
Quoting Shabs19
{quote} Makes no differnce to me to what you think. Trading is as simple as you can make it, without all the BS I'm wasting my time with you also. You are here only to self proclaim your brilliance above all the professionals & market makers who know less than you - period. I am sure there will be statue in the financial district in the major centres erected in your honour soon. Good luck with that.
Nope, I could care less what members on here think about me. The red diamond is bs to me. Pls remove that rubbish red diamond. That's utter bs.

Both you and DM try to turn a discussion about real or algo into attacking me. Why?

Moodybot started this thread to discuss about whether the market is real or driven by master algo. The big problem with this notion of master algo if its true means traditional technical analysis is useless to analyse this market. That's your beef right there. You got a problem and you're making a big fuss of it taking out on me. Including Dangermouse.

There are 75members or 58% who voted algo. Do you have personal problem with their views as well?

Moodybot, the OP of this thread is a staunch believer of algo. Do you have problem with his views?

RickM wrote clearly price action traders believe in voodoo. Do you have problem with his views?

Why can't believers and unbelievers discuss this topic in a open, logical and sensible manner?
Know what you trade
  • #1,012
  • Mar 9, 2021 1:07pm Mar 9, 2021 1:07pm
Quoting BWilliam
{quote} Nope, I could care less what members on here think about me. The red diamond is bs to me. Pls remove that rubbish red diamond. That's utter bs. Moodybot started this thread to discuss about whether the market is real or driven by master algo. The big problem with this notion of master algo if its true means traditional technical analysis is useless to analyse this market. That's your beef right there. You got a problem and you're making a big fuss of it. Including Dangermouse. There are 75members or 58% who voted algo. Do you have personal...
Agree to Disagree. I don't have any problems with others thinking, where have I criticised them ?
Polls are meaningless. They are for fun. So tell me, why did you vote for Real ?
Too smart for yourself also.

So complain to FF about the red diamond system, agree with you, can be exploited by charlatans, multiple usernames & buddies.
It never gets easier, you just get better
  • #1,013
  • Mar 9, 2021 1:10pm Mar 9, 2021 1:10pm
Quoting Shabs19
{quote} Agree to Disagree. I don't have any problems with others thinking, where have I criticised them ? Polls are meaningless. They are for fun. So tell me, why did you vote for Real ? Too smart for yourself also. So complain to FF about the red diamond system, agree with you, can be exploited by charlatans.
That's an interesting question.

The red diamond is blardy bs exploited by charlatans and scammers. We have seen this happen sooooo many times. Why members believe that shit is beyond me. If there's a way I will discard mine.
Know what you trade
  • #1,014
  • Edited 2:04pm Mar 9, 2021 1:50pm | Edited 2:04pm
Quoting BWilliam
{quote} Both you and DM try to turn a discussion about real or algo into attacking me.


I think you were attacking me or after me, as I stated that trading can be simple , somewhere on another thread.

Quoting BWilliam
{quote} Why can't believers and unbelievers discuss this topic in a open, logical and sensible manner?


I absolutely agree with you. That's what I thought this thread was about.

I like to discuss, dissect & take on new ideas, but I will not blindly agree to something that has not been explained with proof.
If you have evidence then present it here. Where is this is single Algo & who controls it ?

I understand the retail broker has plugins on their platform to delay quotes & requote prices, slippage & all that.
But you are talking about something much bigger, why is this not major news like spoofing was ?
Why has the governments or regulators not cottoned onto this ?

I await your response.

This is what TA tells us, it doesn't work all the time, we are always dealing in probabilities.

Attached Image
It never gets easier, you just get better
  • #1,015
  • Mar 9, 2021 1:58pm Mar 9, 2021 1:58pm
Quoting Shabs19
I absolutely agree with you. That's what I thought this thread was about. This is what TA tells us, it doesn't work all the time, we are always dealing in probabilities. {image}
Ok, this is how I think. I don't accept TA is good enough, it's too subjective. This explains why I do what I did, I wrote my story on this thread. That's all to it.
Know what you trade
  • #1,016
  • Mar 9, 2021 2:15pm Mar 9, 2021 2:15pm
Quoting BWilliam
{quote} Ok, this is how I think. I don't accept TA is good enough, it's too subjective. This explains why I do what I did, I wrote my story on this thread. That's all to it.
Ok I understand why you don't like TA. - good start, point taken, too subjective for you.

You like the Algo theory, because .......... please carry on.......

Please don't end the discussion there.
It never gets easier, you just get better
  • #1,017
  • Mar 9, 2021 2:16pm Mar 9, 2021 2:16pm
Quoting Shabs19
But you are talking about something much bigger, why is this not major news like spoofing was ? Why has the governments or regulators not cottoned onto this ? I await your response.
I already wrote many times that I borrowed this algo label from George and moodybot. They were the originators of this algo notion.

Why I believe it might be a single mater algo?

Because future price levels and direction can be calculated ahead of time. If it is a true auction market this is not possible. I am not saying I can predict every single candle. But I know enough ahead of time that's impossible if it were a genuine market.

That's the reason why I made those algo level and market direction calls, to demonstrate that it can be predicted. Not to gloat or boast. This is the only evidence I can give on this forum. I already wrote I can't explain for it, check my history post.
Know what you trade
  • #1,018
  • Mar 9, 2021 2:25pm Mar 9, 2021 2:25pm
Quoting Shabs19
Ok I understand why you don't like TA. - good start, point taken, too subjective for you. You like the Algo theory, because .......... please carry on....... Please don't end the discussion there.
Let's say the trader knew its a rising market towards 1.4006 as I have written in Tokyo session, then he can press the buy button anytime today with the stop loss at the day low and he would have made a profit. Just check against adr to make the rest of the trading decision. That's how easy trading is.

Provided the trader knows well in advance GU will rise towards 1.4006 today. Ofc if he knew about lower timeframe levels he can time his entry to make the stoploss cheaper.

In a true auction market this is not possible. This has to be the work of the algo.
Know what you trade
  • #1,019
  • Mar 9, 2021 2:29pm Mar 9, 2021 2:29pm
Ok, I've been told to go easy.
I honestly love all this algo talk ....whether the thread reaches a conclusion or not

Kind regards
Dm

Inserted Video
  • #1,020
  • Mar 9, 2021 2:38pm Mar 9, 2021 2:38pm
Quoting BWilliam
{quote} I already wrote many times that I borrowed this algo label from George and moodybot. They were the originators of this algo notion. Why I believe it might be a single mater algo? Because future price levels and direction can be calculated ahead of time. If it is a true auction market this is not possible. I am not saying I can predict every single candle. But I know enough ahead of time that's impossible if it were a genuine market. That's the reason why I made those algo level and market direction calls, to demonstrate that it can be predicted....
Thank you for that, I was not sure where the Algo theory came from.

Market manipulation is as old as time itself, this is nothing new, as long as there were markets it was always this way. The smart ones making money off the uninformed & gullible. Tulips & Silver come to mind.

I have gone through a lot of TA study and have discarded most of it and ended up with something which I understand & can implement. That's the key, it's not about what's right or wrong, but what works for you.
Picking the right market to trade is often the toughest proposition, being in the right place at the right time. Going after low hanging fruit as they say.

I can only act on what information I have before me, whether it is an illusion or not does not concern me. That is why you need the hours in front of a screen to learn how to trade. I am sure you have done exactly the same. I respect your honesty.

Trade probabilities not prediction, a fools game.
It never gets easier, you just get better
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