Real or Algo

Thanks Pete
I’ve asked Twee to shift it to you know where.
Like all threads it descended into the abyss from the usual hopeless souls searching from one thread to another. One keyboard warrior had opened up 27 threads chasing around, that really says it all then comes onto my thread acting the fountain of knowledge. Utter BS.
Of the real crew I look forward to the new thread and the live trades.

Thoughts to be added....
Coming.....

Guys, Just found a great collaboration piece. Take a break to allow rest to the brain juice. And calm temper. Enjoy.

Well this is a shame to see this thread go to the bin. But i completely understand why.
So im proudly putting on my tinfoil hat and will hammer out some gibberish thoughts.

I just wanted to say thanks to George first of all ..for he is the one that has brought this all out.
Most haven't a clue of the enormous personal effort ,and sacrifice of time, he put in to try and open the eyes of “the ignorant” ! ! !

Ahh the Milk suckling ignorants !!! That always brought the ego out in all that were called out LOL...
Myself included.... I thought George was off his Rocker... as well as Andy too !!!
But alas I put my ego aside and listened intently.. And by George ! ( YES PUN INT|ENDED)
I had a paradigm shift in how I viewed the market and the charts.

Having dozens and dozens of years viewing charts.. starting out as a young teenager hand drawing charts around 1980 or so... I can unequivocally say I know what I am looking at and can read a chart with the very best. And frankly I could give two F’s who believes me or not. There's a handful of people on this forum who ive traded with live and they know.

I also must say I respect the naysayers for example Shabs.. Smart guy and an experienced guy. I ridiculed alongside Shabvs in the past and I understand where he comes from now. Everyone's entitled to an opinion.

Myself and Moodybot have seen both sides of the fence, and see what i call “THE NEXT LEVEL”
or what George calls
“A FULL AND COMPREHENSIVE UNDERSTANDING OF THE PSYCHOLOGY APPLIED BY THE MARKET MAKER TO PRICE ACTION”

SO MANY want to be spoonfed a method to success... Thats simply not going to happen anywhere. And if someone says the are going to give you a complete system and methodology to succeed in this market.. Well as my Grandfather said you better have one hand on your wallet and the other covering your ass because your going to get *****d

Everyone wants the secrets and No im not dangling carrots.. Everyone wants a clear and concise explanation... Aint going to happen... Why would that be put out in an open forum ? Let alone the time and effort to try and write out and explain in words..and countless charts..

I remember the first time I sat with George live on Skype.. I believe was over 4.5 hours nearer to 5 hours. At that point “THE ALGO” became clear...

Now think How many words were spoken and questions asked in almost 5 solid hours of chart time ? How many examples were laid out.. Is it any wonder Georges preferred method of communication was via Skype?

This thread was never intended to LAY OUT point by point the reasons why a Single Algo controls the market. It was a discussion to simply open the eyes of traders to the reality of the market. And as I have said... WHEN YOU KNOW , YOU KNOW .. There is so going back.

Here are some points to consider when thinking how this Algo operates. Now bear in mind... Im no George.. Im no scholar and quite frankly im not great at Math... But i sure as heck can trade very profitably.. You dont need to be a genius.


THE MARKET IS A BRILLIANT, PERFECTLY PRECISE NON RANDOM BEING.

One has to look at targets... TARGETS TARGETS TARGETS...
One has to figure out that 95% of the time a target will not break.. It will be matched or near matched to illicit HERD MENTALITY VALIDATION.
One has to look at time of day.. time of session...
One has to look at pips moved over what time... Speed
One figures out that 95+% if price moves a certain amount it will reverse or it will continue.
X amount of pips 95% chance it continues...
X amount of pips 95% chance it reverses...
How many you ask?

One has to look at CONTRADICTION IN THE MOMENTUM ON SEVERAL DIFFERENT TIMEFRAMES. This gives you precise clues to where the market reverses.

What is contradiction of momentum ? A quick way to visualize it is with two Moving Averages and the relationship of the speed and size of candles extending from one MA thru another.

One has to understand the market in its complete FRACTAL NATURE. The precision applied by the Algo when Momentum is skewed..when price and time are skewed.

One has to look at the SQUARING OF PRICE AND TIME.. Thats a college course in of itself.

One has to look at the Filters George employs....

Have I explained the Algo ? NO .....I cant explain it... Im simply not that smart. Does that mean it does not exist ? NO

And I am NOT a Conspiracy theorist. BUT when one begins to understand VISUALLY thru Charts the precision .. THE PRECISION of the charts relative to all of what i have said AND MUCH MORE ...
you soon realize this market is simply an ILLUSION...

Yes Forex is a zero sum game. But when you understand how orderbooks work.. balancing of orders in a Huge decentralized market to the level of precision on the charts.. Ones eyes open.. How can things balance so precise to the pip... how can price move and backfill liquidity left behind to the pip..
How does the precise amount of money come back into the market to move the market to take out clusters of stops...

When one starts looking closely and opens up their mind and questions the precision of the market and how it absolutely perfectly balances itself you begin to understand. How is it possible that the market squares itself thru price and time ON ALL IMSTRUMENTS.. The precise amount of money always comes into the market at precisely the right time to balance HAHAHA... never... Irrespectful of NEws or trend etc. Ohh yes X corporation just happens to needs to buy 500 million pounds oh and Y corp needs to buy250 million dollars and Z corp needs to buy 900 million Yen...And this repeats itself multiple multiple times a day upon all instruments upon all Fractals of time. back and forth testing and retesting targets.. then blowing thru in a 1 minute candle to take out stops or fill passed orders and liquidity.

When one starts seeing this and seeing the Psychology applied to the charts... NOT STRUCTURE ! Far more detailed than structure... the liquidity gaps by Wide ranging candles.. the microgaps between the candles.. then the market stretches its momentum at the same time moving "X" amount of pips on a 15m candle with absolutely no news to blame... but when one looks at the 1 minute and understands the Algo you see why.. you start to understand the ILLUSION the False Narrative being REPLAYED 24/5

There is so much more to what I have stated here in simple GIBBERISH terms

I have the utmost respect for George , Moodybot/Andy and the always classy TimeTells/PETE !

When i first came under Georges “Wing” for lack of a better word. My trading was sufficient. Within weeks of fully immersing myself in “THE ALGO” and how it operates...Again the precision .
My trading metrics went thru the roof.. My returns skyrocketed . I believe 92-94% winrate thousands of percent return in the first 3 months... always very little drawdown... No hedging by me. Trades all closed within the session traded... I believe on average 120+ pips every single night trading Frankfurt London open. Being on the WestCoast PST ..trading London simply is not sustainable for my lifestyle.

So now I trade one asset only and thats the US30.. I trade the NY open and into the morning and thats it ..done for the day... One asset only to focus on fits me perfectly as I trade to live not live to trade.

And once again I understand alot of what I said may make no sense to many... It takes chatting over charts for many many hours to begin to truly understand “THE ALGO”

And i understand many will say I havent a clue how the market works lol... thats ok too.... Im not the best at explaining my thoughts so i ramble a bit. Actually im just a monkey hammering away at a keyboard LOL.

I back Andy and Pete and the ALGO camp up 1000% all thanks to the Great George of course.

AS I ALWAYS SAID BOYS.....
WHEN YOU KNOW ....YOU KNOW

Now excuse me while I put on my Tinfoil hat I need to go check on Sasquatch .. Ive got him locked up in my Barn guarding the UFO I retrieved from a remote mountaintop whilst searching for Yeti. As the Yeti guard the Ark which contains the Algo of all things ! A story for another time ! ! !

Cheers
Blue

Kevin (Bluey)

A fitting end to the thread.

Many thanks mate, you understand the struggle more than anyone and I appreciate the time that you have given in pursuit of the squatch!!
The jet boat trout fishing will happen!

Dave, Kevin, Pete, Zoltan, Bogdan, Rick and BW and of course George who reignited the journey, all of you have helped in some way to explain the contradiction we call trading.
To the others that have supported the project thank you for your time, perseverance and putting up with the trolling .. and to our adversaries.. you can all f^* ... excuse me, all continue to contribute or head over to whatever the next thread is and continue to debate..

Respect to all.

Andy

My final contribution. 2 back to school videos from the best teacher ever. Imo.





Hi bfx17, the final piece of explanation to your question.
Lets look at the analogy of a bunch of bananas in your local grocer that cost $3 a bunch.

The bananas were sold out with a queue of customers still wanting to buy it.

Did the grocer raise his price to $4 somewhere during the day given the extraordinary demand exceed the limited supply in his store?
Do the grocer raise his price to $4 tomorrow given the demand today far exceed supply ?

And if not why didn't/don't he increase price when real demand clearly exceeded supply ?

The answer to this question will help to explain why the market did not trade below ECAD floor value even though the demand to sell was strong.
That's the limitation of using volume parameter alone to gauge future price.
The simple supply demand economics is not sufficient to account for future price fluctuations of the forex market.

Cheers
BW

Hi Blue

i am fairly new to forex as compared to your experience, can we have a group call (zoom or skype) along with interested members here say for 30 min to an hours of your time as putting text on charts will required more time and postings, if time permits you and may you find it feasible to do so to benefit others as well.

regards
bilal

Hi Pete, there's one niggling point you asked early part of our conversation why "denigrate" ?
And I tried to explain to you I was not. But I could not offer a proper explanation for my boorish conduct as well, as usual.
This video might help. Just want to clear up o/s stuff.


Cheers
BW

I want to add one more thing prior to close. I thought this was an interesting post. And the ideas were interesting. I'm surprised you guys didn't seize the opportunity to take this apart. What I got out of this post is the following:

Start with price as the focus. What does that mean to you guys? What is it about price you are focused on? Most of you watch price on your charts. You observe price change and movement. I haven't heard anyone here talk about focusing on price, and the things going on that comprise price. I'm not sure anyone here is qualified to really focus on price.

The next thing I thought was interesting was the thing about psychology focusing on price. I actually needed to think about this for a while, to understand why it bothers me so much. And then I realized that the notion of psychology focusing on this thing called price is terribly wrong and harmful to retail traders. Setting aside my issue with the price focus, it's the idea that psychology can do any focusing. I personally know over 100 professional traders. Guys who trade bonds, commodities, currencies, you name it, someone is trading it. All of these people have developed trader minds. They are very smart, highly experienced, and emotionally unflappable. I have never, ever heard one of them talk about psychology. Here is why: you can't develop a traders mind if you have failed to organize your head. Let me be blunt. If you can't get your shit organized and squared away, how exactly are you to focus on price, especially is you don't really know anything about price?

Finally, in the CP post, he correctly states that price doesn't give a shit about retail traders FA and TA. While that is true, no one here followed up with the obvious question. In what does price give a shit? Please don't say Supply and Demand...that's incorrect.

I had hoped this thread would stand out among FF threads, in that it would be a place where a few professional traders could explain their world in an effort to elevate the retail trading world. Guess that won't be happening now.

Best wishes to you guys.

i wish most of you traders well , i read some very good posts and some very bad ones , looking forward to seeing moodys live account , allways interested if he can do the walk does plenty of talking , we see

I scrape by but I don’t have all of the answers. Do you?

i do have a very great understanding with my trading moody i don't look for what's not there i keep it simple , i see on here people sprouting a load of emotion and deep deep down drivel all a waste of time , and george is the same , keep it simple is my key for trading , i might start a room called cry babie traders , not that you are one you do stick up for yourself

Thank you Aussie.

Andy, my final post on your thread, real or algo.
The conclusion of all my posts here.

The first time I made the algo level call, 4 weeks ago.
https://www.forexfactory.com/thread/...3#post13436193

The second time I repeated the algo level when I replied to Pete's request.
https://www.forexfactory.com/thread/...3#post13443203

I believe everyone missed the second number I wrote in bold, 1.3640

Market is now 100 pips away from it today.

This is the display of math that I see on my phone.
This is the reason why I rejected TA and FA outright.

"TA and FA is useless garbage." ~ unquote BWilliam

1.07 minutes onwards in the first video.





Cheers
BW

Bw

It was a spot on call.
The only way I would have seen the level would have been the break of the last Daily order block then 50% retrace, its close but not a mathematical analysis.

Andy

BWilliams

I told you before, your math's picks the moves by a Banker, not an Algo. The Volume proved it was the bankers.
However, that last move was a mystery as it had no volume and it moved without any reason.

Bankers 3 - BWilliams Algo 1

As for your "TA and FA is useless garbage"
If I give you a hammer, a saw, a nail gun - Can you build a house?

It may surprise you that a few builders can, those tools are very useful to them but I doubt you would know what hand you should use to hold the hammer.
BWilliams saids "You can't build a house with a hammer, a saw, a nail gun" Unquote

Been following another thread, one that’s been left to rot.

A thread in the discussion section should be that, a discussion, not taken over by commercial entities.

Don’t know if those who took part in this thread would like it resurrected or have the appetite for somewhere they can chat and not be spoken down to.

We all have different views, sometimes it’s just great to interact with other traders and bounce various points of view.

Have a view, a chart, the holy grail , or just want to
vent ( within reason) then perhaps consider posting on here.

Andy

@Nih98 great guy. Did we get a different math idea from him??? He was the only cool guy during the big argument of George's puzzle.

Something to do with his calculation, that's it for morning session -

A brand new challenge at US499 for a $5k DD, no brainer.

there re 2 parts in this paragraph are very difficult to understand. The way you wording so compactly must mean something, could you explain a little so we can understand it more

"It creates space by fixing the distance price can move on all timeframes on any ONE move.....'''
(This false resistance encourages traders into placing passive orders into tight groups that are high in density, therefore have weight.
The heaviest pools of liquidity have the largest vacuums of space nearby. - GAPS)

"The key ingredient on what the Algorithm really is -
ALGORITHM LIMITS PRICE EXPANSION"