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Flying Dutchman

  • #6,101
  • Mar 11, 2023 4:39am Mar 11, 2023 4:39am
Quoting Shabs19
{quote} All you can smell now is your own Sweat ........................

FFS, hahaaa
  • #6,102
  • Mar 11, 2023 4:44am Mar 11, 2023 4:44am
Yep
Agreed my friend, just that I have been around the block in all forms of life
Just add a sort of follow up to TT post
The problem that I see is a simple one to me at least
We are offered a multitude of timeframes to trade with, just like in running betting
with S/R what you see on one timeframe is not showing on another
Its a fair while ago and cannot remember all the details
But remember a platform were you could bet on the next bar being higher or lower than the last
wow it was funny the tricks they played
  • #6,103
  • Mar 11, 2023 4:50am Mar 11, 2023 4:50am
Quoting dinpappa
{quote} I assume you mean, that you find value in trading in the opposite of the liqudity, or have i misunderstood you? Trapped traders getting faked out, and then you enter in the opposite move..
Have you spent several years trying to be a successful trader.......but simply can't make it happen, not dedicated enough; too much hassle; holy grail continues to elude you ?
Fear not, for there is a way to succeed with little effort on your behalf.

Forget all that old toffee about spending hours reading financial theory and poring over charts. No more hard concentration on putting together a trading plan and spending many hours demo trading; and even more hours analysing your past trades. Forget the mental fatigue of adjusting and tweaking your approach. Do away with the mental confusion caused by jumping from one approach to another and suffering the anguish of unexpected failure. Save expenditure on candles and the pain of tiring eyes that are forced to remain open whilst you pore over charts,; late into the night. Make your partner happy with non stop winning trades and ignore experienced traders because you have the secret of wealth without effort. FF is simply a place full of words but you can ignore all these people because I give you the secret to obtaining wealth with no effort required on your behalf.
Warning: Do not let other traders know about your secret to untold wealth, without effort, because if everyone obtained these secret tools then the market would collapse into frozen chaos. Read then eat this post to keep it out of the hands of those who lurk nearby
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every Saint has a past. Every Sinner has a Future
  • #6,104
  • Mar 11, 2023 4:53am Mar 11, 2023 4:53am
Quoting OAPDave
Yep Agreed my friend, just that I have been around the block in all forms of life Just add a sort of follow up to TT post The problem that I see is a simple one to me at least We are offered a multitude of timeframes to trade with, just like in running betting with S/R what you see on one timeframe is not showing on another

We are often best maybe imo (for entry) to wait till there is some trader excitement around certain levels (MMths 4/8 etc etc on Daves) and see if the market responds to such excitement by rotating price up & down around those levels drawing in BOTH buyers & sellers, and then when the larger market has absorbed what it wants at that structure level (a simple horizontal line, in the end) it will begin the move away. Good enough entries in there for me, if I am patient (me vs me). Then its off to the next Target/s and EACH trader then decides whether to stay on the Train longer or get off at a Station along the way that suits "them" best. Each to their own imho. Buy a round trip too sometimes, as the (Bermuda) Triangles take price right back to where the trip started hahaaa.

But.

Trade safe folks, please.
  • #6,105
  • Mar 11, 2023 4:55am Mar 11, 2023 4:55am
Quoting OAPDave
Yep Agreed my friend, just that I have been around the block in all forms of life Just add a sort of follow up to TT post The problem that I see is a simple one to me at least We are offered a multitude of timeframes to trade with, just like in running betting with S/R what you see on one timeframe is not showing on another
They offer the timeframes, maybe to confuse you further than you already are or

Just that there are traders that are Long term holding for Weeks or Months, Medium term for daily [positions & Short term for literally minutes/seconds at a time.

Truth is that all the information is true (or should be) at that exact time, however you look at it.
It never gets easier, you just get better
  • #6,106
  • Mar 11, 2023 5:00am Mar 11, 2023 5:00am
Quoting turnip15
{quote} Have you spent several years trying to be a successful trader.......but simply can't make it happen, not dedicated enough; too much hassle; holy grail continues to elude you ? Fear not, for there is a way to succeed with little effort on your behalf. Forget all that old toffee about spending hours reading financial theory and poring over charts. No more hard concentration on putting together a trading plan and spending many hours demo trading; and even more hours analysing your past trades. Forget the mental fatigue of adjusting and tweaking...
Is it a limited offer only ?

Quick where do I sign up ?

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It never gets easier, you just get better
  • #6,107
  • Mar 11, 2023 5:10am Mar 11, 2023 5:10am
Hey guys, I have gotten a tip that I should post some charts here and people would comment what they think of my trades.
So i took 3 losing trades last week, very tough week honestly,
what do you think of these trades, what was bad/good?
Thanks!
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  • #6,108
  • Mar 11, 2023 5:16am Mar 11, 2023 5:16am
Quoting TimeTells
{quote} We are often best maybe imo (for entry) to wait till there is some trader excitement around certain levels (MMths 4/8 etc etc on Daves) and see if the market responds to such excitement by rotating price up & down around those levels drawing in BOTH buyers & sellers, and then when the larger market has absorbed what it wants at that structure level (a simple horizontal line, in the end) it will begin the move away. Good enough entries in there for me, if I am patient (me vs me). Then its off to the next Target/s and EACH trader then decides...
Totally agree
with one exception
Not to fussed with 4/8ths
Why trade in the middle of a battle
Wait to see who wins
  • #6,109
  • Mar 11, 2023 5:31am Mar 11, 2023 5:31am
Quoting dinpappa
Hey guys, I have gotten a tip that I should post some charts here and people would comment what they think of my trades. So i took 3 losing trades last week, very tough week honestly, what do you think of these trades, what was bad/good? Thanks! {image} {image} {image}
It would help if we had a time scale at the bottom of the chart, a price scale & the time the trades were taken.
It never gets easier, you just get better
  • #6,110
  • Edited 6:13am Mar 11, 2023 5:37am | Edited 6:13am
Quoting dinpappa
Hey guys, I have gotten a tip that I should post some charts here and people would comment what they think of my trades. So i took 3 losing trades last week, very tough week honestly, what do you think of these trades, what was bad/good? Thanks! {image} {image} {image}

Hi dinpappa,

I had a quick look at the NZDCAD, the first trade chart you posted and here was my view of the market at the time.

I appears that your trade showed a reasonable profit early.

edit: sorry dinpappa that spike was the 16:00 candle so TWO hours before the London Close, sorry
[[Where the spike back down occured was actually right on the London Close candle and a maybe there was a good time to TP as many other traders are then
closing their own trades in profit or loss in the last 10mins so they can be flat by their days end.]]

The trade was then held into the overnight rollover and in the new day asia was where the NZD dumped (was there news then I dont know).

Either way your first direction was correct, up to each trader when they close their trades.

.
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  • #6,111
  • Mar 11, 2023 5:40am Mar 11, 2023 5:40am
Quoting OAPDave
{quote}
Totally agree with one exception Not to fussed with 4/8ths Why trade in the middle of a battle Wait to see who wins

I agree also Dave, the 4/8 was no special deal.
But I put the etc etc lol so I didn't have to type it all out hahaaa, but okay ...

0/8, 1/8, 2/8, 3/8, 4/8, 5/8, 6/8, 7/8, 8/8 ....
  • #6,112
  • Mar 11, 2023 5:41am Mar 11, 2023 5:41am
Quoting Shabs19
{quote} It would help if we had a time scale at the bottom of the chart, a price scale & the time the trades were taken.
Sure, here.
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  • #6,113
  • Edited 8:44am Mar 11, 2023 5:45am | Edited 8:44am
I will try & find these trades on my chart.

1. Ok - CadChf Bought at Asian range, drawn support below from Tuesday Low 0.68667

You were Second guessing the market, You were Long, I don't see any attempt at asian range to put in a New High ( Market Intent ) from previous lower
Highs.

So I would wait until that happens. You cannot force the market to do what you want it to do.

2. NZDCAD next 3/03/23 about 6:00 am ? I wish you would put a date & time stamp on you entry.

Hard work looking for your trades. Got better things to do. Last one for today.

You bought before Franky Open, that's error No. 1

Do you know what the traders coming in are going to do or are you guessing ?

You went Long, went into a little drawdown at first, squeeky ass time, then had some recovery, had some profit iniitially, then willing the trade to hit your TP,

was that the previous days high ?

But as you had not made your profit target, you stayed in the trade hoping, maybe praying even, only to be punished by having such a rigid stoploss.

Rabbit in the headlights when the price came down to hit your stoploss.

Learn to cut trades early when it does not go in your favour. Better a small loss than a big one.

Did you not see London Open of yesterday pushing prices lower ? That should have been your primary target.

You are setting targets by having a fixed stoploss of about 38 pips then setting a 1:1 profit target.

That is your problem. You are gambling, not trading. Trading on Hope only.

3. NZDCAD short trade 1/03/23 @ 2:00 am bar @ 0.84269

Trading the asian range, I don't see any real intent by the market to Short, didn't break any lows & retest. Seems to me you saw a huge Bear Candle and

and tried to jump aboardonto a moving freight Train, NO Plan in sight, again Hope. Lots of FOMO here. Fixed Stoploss of 38 pips again ?

Learn to control emotions, and better to wait for market to show it's hand first, than to get stuck in a trade that you didn't plan.

Lastly, learn from your losing trades, this is a very good trait.
It never gets easier, you just get better
  • #6,114
  • Mar 11, 2023 6:12am Mar 11, 2023 6:12am
Quoting Shabs19
I will try & find these trades on my chart. Ok - CadChf Bought at Asian range, drawn support below from Tuesday Low 0.68667 Second guessing the market, don't see any attempt at asian range to put in a New High (Intent) from previous lower Highs. I will edit this post i due course when I get a chance to look at your other charts.
Sure sir, i have updated with time and price visible

thanks
  • #6,115
  • Mar 11, 2023 6:46am Mar 11, 2023 6:46am
Quoting BWilliam
Et al, since Andy stopped ignoring me I take it that he's allowed me to post on this thread. I have posted a lot of my thoughts about forex trading based on my 8years dedicated research work. You can read my history posts on Andy's thread which I have remained consistent with what I wrote. Although I am aware they are controversial, which is different from mainstream opinion. I make this important post because I think it's important this message is delivered to FF. I have the right to express my opinion. You are entitled to your opinion. I write...
Whatever you think is best for yourself.

Just on the candlestick comment you linked to. Not criticising you here but did you not focus on the 4 hr candle or lower for entry?

I don't assume everyone uses candlesticks. Does it matter? No.

Does it matter if they are a small part of someone's ability, system whatever? One trade is not make or break is it? A series of trades is a better feedback is it not?

See attached. What happens after point 1? Is it up or down? Does it matter?

Does it matter if that is a point to watch or not? Does it make the candle relevant or not?

Is the candle just a context aid?

What are we really hoping to achieve if all we can do is focus on the minute things?

Candles or no candles. Who cares?

All the best.
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  • #6,116
  • Mar 11, 2023 6:55am Mar 11, 2023 6:55am
Quoting dinpappa
Hey guys, I have gotten a tip that I should post some charts here and people would comment what they think of my trades. So i took 3 losing trades last week, very tough week honestly, what do you think of these trades, what was bad/good? Thanks! {image} {image} {image}
Are those orchid rectangles S&D zones? If so nice concept but without market structure and some PA it will often put you in the wrong direction. We could critique your trades all day and but in the end it will mean nothing until you decide what path you will take and stick to it. Serious.

You said Burke's style was not your thing. That is just a way of trading market structure not much different than any others. Likely not that much different than what you are attempting with better structure.

What you need to do is pick a method and study it until you understand. There are no shortcuts and the markets don't care.
Mark ... Everything you have been told is a LIE
  • #6,117
  • Mar 11, 2023 7:02am Mar 11, 2023 7:02am
Quoting spzd
{quote} Are those orchid rectangles S&D zones? If so nice concept but without market structure and some PA it will often put you in the wrong direction. We could critique your trades all day and but in the end it will mean nothing until you decide what path you will take and stick to it. Serious. You said Burke's style was not your thing. That is just a way of trading market structure not much different than any others. Likely not that much different than what you are attempting with better structure. What you need to do is pick a method...
Agree.
Perhaps form a view of how things work, validate it with facts and navigate with what one knows.

A good starting point:
Inserted Video
  • #6,118
  • Mar 11, 2023 7:15am Mar 11, 2023 7:15am
ffs**, I don't understand. You win 7-0 against the 3rd team in the table but 1-0 behind, against the bottom team. COME ON LIVERPOOL !!!
Success = Practice + Patience + Persistence
  • #6,119
  • Mar 11, 2023 7:20am Mar 11, 2023 7:20am
Quoting TimeTells
{quote} FFS, hahaaa
Just my sense of humour - No Offence mate.......................

It never gets easier, you just get better
  • #6,120
  • Mar 11, 2023 7:20am Mar 11, 2023 7:20am
Quoting spzd
{quote} Are those orchid rectangles S&D zones? If so nice concept but without market structure and some PA it will often put you in the wrong direction. We could critique your trades all day and but in the end it will mean nothing until you decide what path you will take and stick to it. Serious. You said Burke's style was not your thing. That is just a way of trading market structure not much different than any others. Likely not that much different than what you are attempting with better structure. What you need to do is pick a method and study...
Here it is 7:20 am where I am and yes I am getting ready to study. Will likely be here a good portion of the day as I am not where I want to be.



Besides it's rainy and 2C here. What else is there to do.
Mark ... Everything you have been told is a LIE
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