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Flying Dutchman

  • #1,561
  • Jun 4, 2022 2:53am Jun 4, 2022 2:53am
Quoting RickM
{quote} Yes Kevin, this must really piss you off. Ryuryu did do 50% + in a day because I was right there with him trading that evening. Many of his calls I get to see live as we often take the same trades, I can therefore vouch most of his results he posts on his thread are in fact truthful. He was trading OPUSDT on the day it was available to trade with our Crypto broker. You need to realise that means thousands of manic crypto gambles starting buying this new coin which creates extreme volume and price movements - resulting in highly accurate...
Yes Rick, as Rudy said in his thread, HE couldn’t find a way with OCHL … so it can’t be done with time honoured technical analysis.

Can I just check with you that technical analysis does not work on Forex and that as Rudy has said, Volume is the only way?

Thanks in advance.
  • #1,562
  • Edited 3:37am Jun 4, 2022 3:26am | Edited 3:37am
Quoting moodybot
{quote}
Yes Rick, as Rudy said in his thread, HE couldn’t find a way with OCHL … so it can’t be done with time honoured technical analysis. Can I just check with you that technical analysis does not work on Forex and that as Rudy has said, Volume is the only way? Thanks in advance.

Spot on, Andy.
If ryu failed his pilot's licence, he would claim no-one could ever fly a plane


.
  • #1,563
  • Jun 4, 2022 3:30am Jun 4, 2022 3:30am
Quoting moodybot
{quote} Yes Rick, as Rudy said in his thread, HE couldn’t find a way with OCHL … so it can’t be done with time honoured technical analysis. Can I just check with you that technical analysis does not work on Forex and that as Rudy has said, Volume is the only way? Thanks in advance.
I tried your fancy line approach! It works!

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 37 KB

I drew line (gray dashed) from previous top and entered long when price goes higher. SL already set in +1.61% profit. I jumped in with 5x, so I have gained +8.05% already!
Thank you guys for your amazing approach! I'll go and draw more lines!!!
Observer effect
  • #1,564
  • Jun 4, 2022 3:31am Jun 4, 2022 3:31am
Quoting whitesta
{quote}
Hi TimeTells, You were right with ur hint (it did test the monthly high, took another target and then the round number just above).
When the price turned south it came back up a little and formed LH (1st one, future target).
All about targets..lol.
Next step is to learn how to time the trade and not get trigger happy.

Well done, W, you are seeing it.
And wishing you the best, sir.
  • #1,565
  • Jun 4, 2022 3:34am Jun 4, 2022 3:34am
Quoting TimeTells
{quote} Spot on, Andy. If ryu failed his pilot's licence, he would claim no-one could ever fly a plane
He wouldn’t pass the The Rathus Assertiveness Scale Pete so we would never know!!
  • #1,566
  • Jun 4, 2022 3:40am Jun 4, 2022 3:40am
Quoting Aussi
poor bluesteal getting knock backs if you making money perhaps you could teach him
He would rather learn from those who trade 1000 lots/trade on gold. They are the real deal.

I heard that there are quite a few on FF, on a certain thread, but I just couldnt find it. Could you tell us where they post?

EDIT: Nevermind, I will just ask Lest
On ignore list of scammers, deceivers and low IQ individuals. Exclusively
  • #1,567
  • Edited 4:46am Jun 4, 2022 4:02am | Edited 4:46am
Quoting ryuryu
{quote} I tried your fancy line approach! It works! {image} I drew line (gray dashed) from previous top and entered long when price goes higher. SL already set in +1.61% profit. I jumped in with 5x, so I have gained +8.05% already! Thank you guys for your amazing approach! I'll go and draw more lines!!!
Excellent try but I wait for the reversal to the short side. So for me entering a trade there was nothing but a gamble.
To really see I would need an H1 chart expanded out.

Had a look, if I've got the right crypto its been around for about 5 mins so I wouldn't be interested, I'll leave that to the experts.
  • #1,568
  • Jun 4, 2022 4:13am Jun 4, 2022 4:13am
About lines, regardless they be horizontal or angle straight lines or squiggly lines, the main criteria is whether the definition is universal. That means, one set of parameters that fit ALL asset class, timeframes and timezones - no tweak adjustments required. This is the minimum acid test. The other criteria is whether it allows for scalability or there are limitations.
Know what you trade
  • #1,569
  • Jun 4, 2022 4:15am Jun 4, 2022 4:15am
Saturday Night in Brisbane 6.30PM - Work day 6 for the week

Ryuryu and the two Amigo's have started another trading session - lets look at lines.

The famous George brought to Forex Factory his Target theory which hopefully would pinpoint reversal points to the pip provided you followed his 49 steps to success.

49 - yea you got to be joking right.

Anyway he's a great guy so I am on board with this and giving his strategy a run. But we have a problem "mission control".

STOPS

What George didn't know was STOPS act like market orders pushing price away from targets - so destroying the theory at the same time.
Too many stops, price will move further away from the 49 steps to profitability (if you have time to work through them).


OK

Here was my first trade of the night on FITFIUSDT
Here you can see George's Targets - ahhhh missed by a touch due to some stops at the area.
Fail

OK

Volume told me that last Bullish candle (I ain't putting on the delta info) was actually all Sellers

Price when up due to a small stop cluster which only a footprint chart will show

So I skipped George's target theory and just traded what the delta told me to do.

SELL ON THE TOP OF THE FAKE BULLISH CANDLE

Result = increase in my equity by 1.1%

Enough posts, Ryuryu and myself have a trading session to attend - GN all.
Attached Image (click to enlarge)
Click to Enlarge Name: fit nnn.png Size: 55 KB
Trading thin liquidity at the boundary of the charts
  • #1,570
  • Jun 4, 2022 4:28am Jun 4, 2022 4:28am
Quoting BWilliam
About lines, regardless they be horizontal or angle lines or squiggly lines, the main criteria is whether the definition is universal. That means, one set of parameters that fit all asset class and timeframes - no tweak adjustments required. This is the acid test. The other criteria is whether it allows for scalability.
BWilliams

Question

Are we going to have a truce over the series of Private messages you send and also the demo trader stuff I talked about?

I'm happy to leave it alone if you are.

Your call

(that doesn't mean you can't give me shit over my volume strategy's and give me a kick up the arse if I deserve it)

Your silent will confirm the battle is finished
Trading thin liquidity at the boundary of the charts
  • #1,571
  • Jun 4, 2022 4:38am Jun 4, 2022 4:38am
Quoting BWilliam
About lines, regardless they be horizontal or angle straight lines or squiggly lines, the main criteria is whether the definition is universal. That means, one set of parameters that fit ALL asset class, timeframes and timezones - no tweak adjustments required. This is the minimum acid test. The other criteria is whether it allows for scalability or there are limitations.
Watch the trading strategies carefully, they are classified under 2 main groups - contrarian strategy and trend following strategy. They are polar opposite of each other. Read up about the characteristics, strengths and weaknesses of both these different strategies. The main point to note are the weaknesses that exist.

Whichever strategy we chose(there are great traders using either strategies), it always suit our innermost psyche.
Know what you trade
  • #1,572
  • Jun 4, 2022 4:50am Jun 4, 2022 4:50am
Quoting RickM
Saturday Night in Brisbane 6.30PM - Work day 6 for the week {image}

Hi Rick,

Sorry to hear you are having to work 6 days a week, and on a Saturday night, but all the best.

Now I have zero experience with any crypto (currencies for me & just 3 hrs a day for 5 days a week suits best & provides what I require)


I did have a quick look for about five minutes for you, at the fitfiusdt chart to offer my help.

Charts look all the same to me, the mechanics I mean.


I reckon you missed the best George entry, I hope this can assist in the future.

You would do MUCH better profitwise on the 15m chart if I might say so.


The George entry imo was the buy at 2:45 today around 0.114
(===> see where it took out the past target on 3 Jun at 17:30)
my profit exit would have been around 0.1174+ when it took out the prior target on 4 Jun 00:30 (known in advance)

You probably have a handle on it though, they are all just charts in the end, all the best
  • #1,573
  • Edited 7:27am Jun 4, 2022 7:00am | Edited 7:27am
Delta/Volume is a toy in the hands of a child. Statistical probabilities fade through time. What will you do after toys taken or probabilities fade if you don't have something to grab at real life?
  • #1,574
  • Edited 11:48am Jun 4, 2022 9:28am | Edited 11:48am
Quoting RickM
Saturday Night in Brisbane 6.30PM - Work day 6 for the week Ryuryu and the two Amigo's have started another trading session - lets look at lines. The famous George brought to Forex Factory his Target theory which hopefully would pinpoint reversal points to the pip provided you followed his 49 steps to success. 49 - yea you got to be joking right. Anyway he's a great guy so I am on board with this and giving his strategy a run. But we have a problem "mission control". STOPS What George didn't know was STOPS act like market orders pushing price away...
Why would I want to trade 6 days a week? Or 7 ?
When I can accomplish all that I need in less than 5 days ?
Dont tell me because of all the money..

Because that can all be made in much less time...
Nothing worse than becoming a slave to trading..

As for George...Here's some info for you.. There was a reason George never shared ALL with you... Yet..like ryuryu you think you know it all...but you really dont...far far from it ...will leave it at that.

As for who the 3 amigos are...I could care less.
As for ryuryu 50% I could care less... I don't trade like a gambler. Will leave that to you 3 amateurs.
One only has to read the first few pages of his thread to see that...

You Rick along with Ryuryu fit right in with Aussi and Digger and the rest of the scammers there.

No run along back to your screen or your EA alarm going off and be a slave to your trading...lol..

Me...I shall probably BBQ today relax and then fly off tomorrow to one of my homes in Mexico and kick back on the beach for 3 weeks maybe a month...
That's what I prefer weekends for.

Cheers
Blue
PS . Btw Rick your display of lack of class by divulging private PM's with BW... Is exactly why George held back giving you all necessary info...he had you pegged.
Master your Mind,,,Master the Market
  • #1,575
  • Edited 11:52am Jun 4, 2022 11:32am | Edited 11:52am
Quoting RickM
Saturday Night in Brisbane 6.30PM - Work day 6 for the week Ryuryu and the two Amigo's have started another trading session - lets look at lines. The famous George brought to Forex Factory his Target theory which hopefully would pinpoint reversal points to the pip provided you followed his 49 steps to success. 49 - yea you got to be joking right. Anyway he's a great guy so I am on board with this and giving his strategy a run. But we have a problem "mission control". STOPS What George didn't know was STOPS act like market orders pushing price away...
Hi RickM,

Mr. George tell that strike SELL zone is always ABOVE the target line and strike BUY zone is always BELOW the target line, as I remember his teaching. And its correct while i observe price charts based on my experience.

Of course the STRIKE ZONE above/below any target line must confluence with TMA 1 minute and entry price filter (hard to explain).
AS I UNDERSTAND THAT POINT, its seem the your entri is in the same price zone with mine and Mr. George as long as i remember his method.

Im not see any difference there.
So many ways to skin the cat, may be. And

I am not quite understand why you not accept George theory and learn it what underlying meaning, the true nuances in his trading (need time,ofc). We learn each other as a trader, even better to collaborate our edge, whatever small BUT genuine edge anyway

I learn so much from George,Bilal, BWilliams, You, Bluesteel, MoodyBoot, Time Tell. LEARN SOOO VERY MUCH
THEY ARE JUST TRYING TO HELP .... FREEEEE
Gracious indeed

Thanks for ALL
Best regards
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