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BBMA Trading

  • #561
  • Jun 10, 2022 9:23am Jun 10, 2022 9:23am
Quoting razoredge22
{quote} Its true bro, hahahahah ! Although BBMA strategy is very profitable for me, sometime i get tired seeing all those line and wanted to learn something new. Good luck to you and everything you do too trader friend !
it was fun using the EXT as reversal sign...
now a days i stop looking at the chart time to time to keep following the trend...
worse scenario i hate when price make correction and your gain cut off...
anyway good luck with you too...
"bad trades at times do happen even when the set up are good"
  • #562
  • Jun 10, 2022 9:48am Jun 10, 2022 9:48am
hope you have taken profit on your gold trade. I had shorted GC and already taken my profit. I like taking profit early on Fridays
the cautious seldom err....C
  • #563
  • Jun 10, 2022 10:21am Jun 10, 2022 10:21am
razor, do you use patterns with your trading..(naked trading)..on M5 a 1-2-3 pattern I believe is forming on AU I'm already long
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the cautious seldom err....C
  • #564
  • Jun 10, 2022 10:41am Jun 10, 2022 10:41am
looking at gold, I think a short is good to go
the cautious seldom err....C
  • #565
  • Jun 10, 2022 11:23am Jun 10, 2022 11:23am
Quoting pips29
hope you have taken profit on your gold trade. I had shorted GC and already taken my profit. I like taking profit early on Fridays
Just finish taking my shower after managing my trade. Yes. Been going long and short on Gold alrdy taken the profit. While GbpCad still going short, now lets update on GbpCad pair. Get Ready for long screenshot post. hahahah

GbpCad BBMA analysis MTF Update 2.

SS 1:
H1 CS able to break Ema50. Decide to short based on M5 reentry after CSAK and M1 making Extreme. (see SS 2)
SS 2:
Entry after 1st CS reaching Ema50 and reject it. Another rejection is on Top BB making it as Extreme Sell which increase our confluence to go short. ( Just press your sell button here since this the lowest tf M1) If you want to be extra careful, just instant entry sell after CSAK was form on M1.
SS 3:
M5 entry at Reentry sell before and after image (SS 4)
SS 4:
After . Can you see there 1 CS Alien . This UFO telling us there something happen in Lower TF. And a sign for price to make pullback to reentry zone on M5 again.
SS 5:
Marking the reentry zone. Then look at LTF to see what the price doing
SS 6:
M1 telling us it has completed a sell setup from EXT to CSAK. There a CSAK sell. Can instant sell here again as another reentry. (make sure to wait CSAK sell if you want to be extra careful)
SS 7 & 8:
Before and after for TF M5 and M1. ( secret tips* M5 probably making sideway because Ema50 has already reaching Top BB and trying to go outside BB. If Ema50 outside BB, it mean HTF trying to make a Reentry)

Last Bonus SS:
My entry point on Gold based on naked chart only.
There will be edited if there some wrong explanation.
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fall seven times, stand up eight.
  • #566
  • Jun 10, 2022 11:34am Jun 10, 2022 11:34am
Continuation Bonus SS:
SS1&2: Before after Gold pair
Taking some profit and hold few position with BE+
SS 3: Gbpcad pair
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fall seven times, stand up eight.
  • #567
  • Jun 10, 2022 12:13pm Jun 10, 2022 12:13pm
Quoting razoredge22
Continuation Bonus SS: SS1&2: Before after Gold pair Taking some profit and hold few position with BE+ SS 3: Gbpcad pair {image} {image} {image}
gratz...
i missed that mhv 1830 on gold price...
my first counter hit the tp 1842...
its good breakout run today...
"bad trades at times do happen even when the set up are good"
  • #568
  • Jun 10, 2022 12:41pm Jun 10, 2022 12:41pm
Quoting pips29
razor, do you use patterns with your trading..(naked trading)..on M5 a 1-2-3 pattern I believe is forming on AU I'm already long {image}
I use simple SNR/SND breakout and pullback entry and use HTF CS as my confirmation entry. I just name it Secret Pattern for now and there few variation and combination with it v1,v2,Manipulation,Continuation,Significant SR (SSR), Hidden SP. Still in the process of backtest and validation of the strategies .

Here the pdf journaling the trading strategy SPv1 and few SPv2. For now only me and my other friend been using this pattern on live market over and over. Its not 100% but i can say the success rate is still above 70% if there good confirmation on HTF and other confluence to support the entry decision. Now im just sharing it here to you guys on my founding.

Ignore the 1st page since it was outdated SOP of using SP strategy because it still unpolished and there few small changes here and there atm. Look at the chart and maybe you get how the pattern look like. If you dont then i will try draw the secret pattern on next post if you want.
Attached File(s)
File Type: pdf SP journal bactest- no longer updated.pdf   8.4 MB | 699 downloads
fall seven times, stand up eight.
  • #569
  • Jun 10, 2022 1:13pm Jun 10, 2022 1:13pm
Quoting razoredge22
{quote} I use simple SNR/SND breakout and pullback entry and use HTF CS as my confirmation entry. I just name it Secret Pattern for now and there few variation and combination with it v1,v2,Manipulation,Continuation,Significant SR (SSR), Hidden SP. Still in the process of backtest and validation of the strategies . Here the pdf journaling the trading strategy SPv1 and few SPv2. For now only me and my other friend been using this pattern on live market over and over. Its not 100% but i can say the success rate is still above 70% if there good confirmation...
I spent a year trading snd using Red's concept and after going thru' George's idea of herd mentality I found you have to be careful with snd but knowing how to use snd in combination with George's herd mentality concept I think you will be better equipped. Manipulation is always present, if there is no manipulation the chart will be a flat line. Reading the tape is a way to trade with manipulation, but tape reading is dangerous too if you don't know how to digest the data shown, the reason being the tape is also manipulated to portray a different picture than what the intention of the big boys is really is. I know this from experience. I truly hope your secret pattern trading will work for you in all types of "weather", i.e ranging,trending, spiking and what not
the cautious seldom err....C
  • #570
  • Jun 10, 2022 1:24pm Jun 10, 2022 1:24pm
This is something from Red's "P.IE" thread. You must always look at UCad when trading AU and NU..They are "opposite" brothers..a fall for UCad will be most welcomed for my AU long
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the cautious seldom err....C
  • #571
  • Jun 10, 2022 1:32pm Jun 10, 2022 1:32pm
Quoting pips29
{quote} I spent a year trading snd using Red's concept and after going thru' George's idea of herd mentality I found you have to be careful with snd but knowing how to use snd in combination with George's herd mentality concept I think you will be better equipped. Manipulation is always present, if there is no manipulation the chart will be a flat line. Reading the tape is a way to trade with manipulation, but tape reading is dangerous too if you don't know how to digest the data shown, the reason being the tape is also manipulated to portray a...
Yeah, anything can happen in the market. So far trading with SP giving me some good percentage return. Most important thing for me is managing the risk reward and always be ready to counter back wrong decision ( this one just base on my experience after 4 years trading on the market. ( can I say its a trader instinct ? Well i dont know. It just, I can feel it sometime but not always. hahah )
fall seven times, stand up eight.
  • #572
  • Jun 10, 2022 1:37pm Jun 10, 2022 1:37pm
here's my trading idea on GCad...I will only short as the 20ma (mid bb) is below the 50 ema meaning the trend is down ,csm-reentry,csm-rentry and so on until the candle print a CSD where the trend might possibly reverse and so all trades should be closed
Attached Image (click to enlarge)
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the cautious seldom err....C
  • #573
  • Jun 10, 2022 1:37pm Jun 10, 2022 1:37pm
Quoting pips29
This is something from Red's "P.IE" thread. You must always look at UCad when trading AU and NU..They are "opposite" brothers..a fall for UCad will be most welcomed for my AU long {image}
True. Some forex pair has correlation with each other. I use to use it as an advantage trading correlated pair. For now focusing more on Gold pair though
fall seven times, stand up eight.
  • #574
  • Jun 10, 2022 1:42pm Jun 10, 2022 1:42pm
Quoting pips29
here's my trading idea on GCad...I will only short as the 20ma (mid bb) is below the 50 ema meaning the trend is down ,csm-reentry,csm-rentry and so on until the candle print a CSD where the trend might possibly reverse and so all trades should be closed {image}

See ~! you get it now ! hahaha! What you say above is correct . Always remember to look at Ema50 & the trend of overall BB. Both of it downtrend atm. So just focus on Reentry since Ema50 is above Mid BB, the CS price is below Mid BB, its a ZZL Zone Zero Loss. So just press your sell button on each reentry. If there CSAK Buy, get ready to take your profit or look on HTF what it trying to say. Nicely done my friend !
fall seven times, stand up eight.
  • #575
  • Jun 10, 2022 2:47pm Jun 10, 2022 2:47pm
Quoting razoredge22
{quote} See ~! you get it now ! hahaha! What you say above is correct . Always remember to look at Ema50 & the trend of overall BB. Both of it downtrend atm. So just focus on Reentry since Ema50 is above Mid BB, the CS price is below Mid BB, its a ZZL Zone Zero Loss. So just press your sell button on each reentry. If there CSAK Buy, get ready to take your profit or look on HTF what it trying to say. Nicely done my friend !
I spent 2 years on bbma watching every video on OA plus many others, there is one guru using fibo with bbma and also a previous guru with OA has his own thread now with road to ftt amongst many others , the trouble with me is when I learn something I devote all my effort to learn it thoroughly. I know very well what you say but I only use what I believe will help me in my trading. That's why I only concentrate on phase 5 and 7 of the bbma cycle
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the cautious seldom err....C
  • #576
  • Jun 10, 2022 3:00pm Jun 10, 2022 3:00pm
Quoting razoredge22
{quote} Yeah, anything can happen in the market. So far trading with SP giving me some good percentage return. Most important thing for me is managing the risk reward and always be ready to counter back wrong decision ( this one just base on my experience after 4 years trading on the market. ( can I say its a trader instinct ? Well i dont know. It just, I can feel it sometime but not always. hahah )
yes, it is something inborn after years of trading, be like water, be flexible . 4 years is a short time for trading
the cautious seldom err....C
  • #577
  • Edited 10:22pm Jun 10, 2022 9:49pm | Edited 10:22pm
Quoting pips29
{quote} I spent 2 years on bbma watching every video on OA plus many others, there is one guru using fibo with bbma and also a previous guru with OA has his own thread now with road to ftt amongst many others , the trouble with me is when I learn something I devote all my effort to learn it thoroughly. I know very well what you say but I only use what I believe will help me in my trading. That's why I only concentrate on phase 5 and 7 of the bbma cycle {image}
Ahhh. That is BBMA combination with Fibo Musang. With Fibo Musang you will able to use it as TP zone, Entry zone and know the end of momentum trend. Have a great weekend !
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fall seven times, stand up eight.
  • #578
  • Jun 11, 2022 3:02am Jun 11, 2022 3:02am
Quoting pips29
here's my trading idea on GCad...I will only short as the 20ma (mid bb) is below the 50 ema meaning the trend is down ,csm-reentry,csm-rentry and so on until the candle print a CSD where the trend might possibly reverse and so all trades should be closed {image}
following up on Gcad, all trades should be closed where I marked, seems like pa confirms the retracement/reversal by printing several csm candles soon after and price is now above the 50 ema but the 20 ma is still below it. I would not say the direction has changed to the upside as all this pa happened very close to market close where liquidity is low and easily manipulated, just my tuppence
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the cautious seldom err....C
  • #579
  • Jun 11, 2022 3:24am Jun 11, 2022 3:24am
we take a look at the weekly and monthly..on the weekly there was a nice reentry after the csm, if you have not taken profit then wait for another csm and if you don't get it then price will probably reverse up, on the monthly although the ma has been outside the lower bb price has also closed outside the bb meaning there is no ext but only csm candles.There is room to move further down to the cluster of candles I marked on the left..I have seen traders changing the definition of extreme to suit how they trade but I will stick with OA's definition
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the cautious seldom err....C
  • #580
  • Jun 12, 2022 12:00am Jun 12, 2022 12:00am
Hyeey. Sorry for the late reply. Just had BBMA Webinar with Oma Ally himself last night. Having a blast and there always something new when learn it over and over again.

Alright back to GbpCad i agree with your idea. Gcad still going short. Just look for reentry on LTF.
*Here some tips, every sideway market is making a reentry on HTF. When the price overshoot reentry zone, find the reason why by changing HTF look for answer. Then change to LTF look for entry. If LTF has full setup then just go for it because you already where the direction of market going based on HTF setup.
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fall seven times, stand up eight.
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