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Hi moodybot, I have nothing more to add on this thread other than this final post.Ignored
Hey BW, you're back, , you haven't heard the fat lady singing just yet?
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Hi moodybot, I have nothing more to add on this thread other than this final post.Ignored
Disliked{quote} Hi moodybot, I have nothing more to add on this thread other than this final post. Cheers. "Don't be an idiot." unquote CrucialPoint 6 May 2010 "If you continue insist the efficacy of TA and FA, the only person you deny on this planet Earth is, yourself." unquote BWilliam 14 Mar 2021 {image} {image} {image} {image} {image} {image}Ignored
Disliked{quote} OR You could just trade the flow of money after a climax and jump on the bankers back and ride them for a short while. {image}Ignored
Disliked{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 claims. I shall be waiting for you and Shabs to show proof.Ignored
Disliked{image} Friday close GU chart 12/03/21 These levels are not from any mathematical formula, pure TA market structure. As I said before, pick low hanging fruit when it becomes available, specialise in your market. Edit: {quote} {image}Ignored
Disliked{quote} Thanks Shabs Good workable levels .... 1.38398 Daily order block on my chart now broken. 1.39338 Peak current high to current low / 50% again , yep, I'll go along with that... Nice although of course you may have derived them from less/more advance TA.....but I do like, and I use. Cheers.Ignored
Disliked{quote} I am just demonstrating these levels that can be seen in advance from existing data on the basis of TA, not even advanced alien technology took me me about 2 minutes to see them. No calculators or formulas, no secret discovery, No algo levels in sight. Markets are real, there are hundreds of thousand contracts daily transactions, money is transferred as in the commodities markets. With USD pairs always wise to watch the USD index coming close to important levels. There is manipulation as there has always been, there is collusion between...Ignored
DislikedCHARTS Are they a traders best friend, or greatest confusion Are we watching magicians, supply & demand, support & resistance, non specific targets, hard coded targets. Or algo (that is reaching, for something, always) Trade to something, or trade away from something is our only choice (other than sitting on our hands for more info) All big charts catch the eye, because we look to see for one thing usually. THE repeatable (a pattern, behaviour or pre-programmed movement) FOR how to trade them Shabs calls his TA BW has taken on the biggest possible...Ignored
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Mystifying confusion Pete... like shoe shopping with the wife...Ignored
DislikedOn any pair there is an absolute top and bottom price printed .
I always have a target both above and below current price.
And my only trade decision is based on will price go up to a target, or down.
And which has to be resolved (with confirmation, for me) before any trade is place {image}Ignored
Disliked{quote} Talking about shoes. A walk down Forex (Lover’s Lane?) Well, a walk, anyway. Some traders will wish to know which shoe they should wear. Some traders will wish to know how the shoe was manufactured. Some traders will wish to know how the shoe leather was processed for shoe use. And all these questions are fine. But in the end. And with all that knowledge, or observation. ALL traders in the end, regardless of their shoe, Will have to choose, WHICH “STREET” THEY WALK DOWN.Ignored
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I agree with the Tops & Bottoms, but the levels in between, which are relevant, which are not ?
Are they not taken out when price breeches those levels ?
What about new territory where market has not visited before or has a very long time ago ?
Do we always need to look at the past history to predict the future ?
Are recent levels stronger or weaker than the past ones ?
What about safe placement of stops & where are the likely targets if price is too far way from Highs or Lows ?
Do we need to have a degree in maths to trade Forex ?
Don't...Ignored
DislikedAnd one more, question or answer, to seek. When do the ALL the sessions open? (ps NY opens an hour earlier today, Daylight Savings over)Ignored
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Hi moodybot, I have nothing more to add on this thread other than this final post.Ignored
DislikedTake this understanding one step further. The point is since traditional TA can't tell how the next day will trade, my question is how can traditional TA tell how the market will trade in the next 4 hours, next 1 hour, next 15minutes, next 5minutes? What's the difference? This is my question for traditional TA...Ignored
DislikedTake this understanding one step further. The point is since traditional TA can't tell how the next day will trade, my question is how can traditional TA tell how the market will trade in the next 4 hours, next 1 hour, next 15minutes, next 5minutes? What's the difference? This is my question for traditional TA...Ignored
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Hi TimeTells,
Shabs wrote what EVERY trader, veteran and newbies alike, has these same questions in their minds.
ALL of us know the problem.
https://www.forexfactory.com/thread/...9#post13451349Ignored
DislikedCheers BW, I do not want to drag you back in should you not wish to, or if it feels like we are going around & around in our usual circles. I did have a question about the illusion factor. Whether the looking at indi based charts and at ONLY (or firstly) the indis, was that THE illusion. We all deal with prediction of the 'next / new' price movement (else we all trade the same in the same direction). RickM deals with it at a "certain time & point" on his detailed knowledge and experience. Shabs deals with it with TA on his knowledge & experience....Ignored