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Price Action Trading (PAT) - Amplifying Market Insights

  • #1,241
  • May 12, 2023 3:31am May 12, 2023 3:31am
Quoting Surya108
{quote} LOOKS LIKE YOU ARE EXPERIENCED IN THIS

Well, let put it this way, if a young wants to be a doctor he opts for the medicine side and go under the wing of an active doctor, to see how things get done. And not a lawyer.
Now if a kiddo wants to be a lawyer, s/he took the Law and passed the Bar while goes to the lawyer chamber get to see how things get done.
Now if a kid wants to be an entrepreneur, how come someone who waits for the university/school to pay him his salary at the end of each month will teach him/her how to become a good entrepreneur?
Thats does not makes any sense and this is the BS at its finest. Well, at least for me. Ik majority of people do not get along with this thought and i agree with them.
More time in the market, does not mean you trade better!
  • #1,242
  • May 12, 2023 3:50am May 12, 2023 3:50am
Quoting Fardeen1209
{quote} Well, let put it this way, if a young wants to be a doctor he opts for the medicine side and go under the wing of an active doctor, to see how things get done. And not a lawyer. Now if a kiddo wants to be a lawyer, s/he took the Law and passed the Bar while goes to the lawyer chamber get to see how things get done. Now if a kid wants to be an entrepreneur, how come someone who waits for the university/school to pay him his salary at the end of each month will teach him/her how to become a good entrepreneur? Thats does not makes...

Hmm..rightly well said. I think anyone who wants to become an Entrepreneur must go to a Self Employed person for education not an employee (School teacher)
  • #1,243
  • May 12, 2023 3:55am May 12, 2023 3:55am
A couple of simple statements that I try live by:

Only a fool doesn't ask questions. Only a fool doesn't continue to learn.

There are lots of reasons that you won't get an answer to your question that make a lot of sense, there are some that don't, but it doesn't make the question wrong!
(The person you are asking is conceited, too busy to respond, having a bad day, doesn't have the knowledge, is on an ego trip of some kind, is simply rude, and the list goes on)

There are questions that show a lack of understanding by the person asking the question where the right response (that of a parent, teacher, or simply a wise person) is to direct the person asking the question to where they can get the knowledge to ask better questions.

When you ASSUME things you make an ASS of U and ME!

Just saying.
  • #1,244
  • May 12, 2023 4:15am May 12, 2023 4:15am
Quoting dantpm
A couple of simple statements that I try live by: Only a fool doesn't ask questions. Only a fool doesn't continue to learn. There are lots of reasons that you won't get an answer to your question that make a lot of sense, there are some that don't, but it doesn't make the question wrong! (The person you are asking is conceited, too busy to respond, having a bad day, doesn't have the knowledge, is on an ego trip of some kind, is simply rude, and the list goes on) There are questions that show a lack of understanding by the person asking the question...
very apt!!! Thanks
  • #1,245
  • May 12, 2023 4:19am May 12, 2023 4:19am
Quoting Pat Chiko
{quote} GJ Short scalp FVG filled at SRF zone {image}
Quoting Pat Chiko
GJ Set up {image}
From the aobvepost and chart..............
Attached Image (click to enlarge)
Click to Enlarge Name: gj 009.jpg Size: 74 KB



I was hoping for you to see this, and interprate the chart.
Asking me for BUY or SELL is not the way we do things here.

I* don't give signal to anyone.

This is what you should see......
Attached Image (click to enlarge)
Click to Enlarge Name: gj 010.jpg Size: 153 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,246
  • May 12, 2023 4:25am May 12, 2023 4:25am
Quoting Pat Chiko
Is it GBP is weak or USD is strong ? Look at GOLD ie XAU/USD for comparison to understnad how strong is USD {image}
Quoting Pat Chiko
{quote} GOLD TP {image}
GOLD

Final target. Last few to clear.
Need this money desperately for Friday night party.
I hope with some luck can get the money soon.

Attached Image (click to enlarge)
Click to Enlarge Name: gold 012.jpg Size: 164 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,247
  • May 12, 2023 4:49am May 12, 2023 4:49am
Quoting ykpuffy07
{quote} Hmm..rightly well said. I think anyone who wants to become an Entrepreneur must go to a Self Employed person for education not an employee (School teacher)
Well that the problem, nobody in the entrepreneur world wants to teach you to how things are done. You either worked for them (you go in the industry you want to) and watched them how they catched the fish and you do the same or you learned from bad experienced, you get knocked by your rivals.
More time in the market, does not mean you trade better!
  • #1,248
  • May 12, 2023 9:26am May 12, 2023 9:26am
Quoting dempire1
{quote} I always wanted to meet an actual quant trader. Well be keepin eye on your stuff. Good luck and welcome!
Quoting Andy2T
{quote} Hello, thank you for sharing. The quantitative trading style is quite interesting, although I would never be able to be one, and I would love to see how you analyze trades. Safe trading and good luck!
Thank you all for the warm welcome, I'm honored to be a part of your community!
  • #1,249
  • May 12, 2023 10:32am May 12, 2023 10:32am
Quoting Pat Chiko
{quote} {quote} GOLD Final target. Last few to clear. Need this money desperately for Friday night party. I hope with some luck can get the money soon. {image}
This hit the final target as expected
Looks like Pat already left for Friday night party !!
  • #1,250
  • May 13, 2023 7:45am May 13, 2023 7:45am
Quoting Pat Chiko
{quote} {quote} From the aobvepost and chart.............. {image} I was hoping for you to see this, and interprate the chart. Asking me for BUY or SELL is not the way we do things here. I* don't give signal to anyone. This is what you should see......{image}
NASS 100 ALL TF ANALYSIS
HIGHER TF TO LOWER
LOOKING FORWARD FOR YOU TO CORRECT ME
AS I AM LEARNING THESE CONCEPTS
4h to 15 min
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NAS100_2023-05-13_18-12-41.png Size: 30 KB
Click to Enlarge Name: NAS100_2023-05-13_18-10-29.png Size: 27 KB
Click to Enlarge Name: NAS100_2023-05-13_18-07-54.png Size: 26 KB
Click to Enlarge Name: NAS100_2023-05-13_18-06-40.png Size: 32 KB
  • #1,251
  • May 13, 2023 7:46am May 13, 2023 7:46am
Quoting Surya108
{quote} NASS 100 ALL TF ANALYSIS HIGHER TF TO LOWER LOOKING FORWARD FOR YOU TO CORRECT ME AS I AM LEARNING THESE CONCEPTS 4h to 15 min {image} {image} {image} {image}
4h is in the last image then to smaller tf's
  • #1,252
  • May 13, 2023 9:40pm May 13, 2023 9:40pm
Weekend poem

When the market is irrational,
risk management is your only layer of protection
there will be times when all criteria are met,
but the market does not cooperate

•
This is the most vulnerable condition for a trader,
“obvious” bias, yet price is reluctant
when holding strong feelings on direction,
attempts to get onside become desperate

[1] over-trading
[2] over-leveraging
both can result in significant loss
•

a system of defined rules is the requirement
• predetermined risk per trade
• maximum daily loss
• conditional risk adjustments
etc.
•

“capital preservation is the number one rule in speculation”
just one day of lacking risk management can wipe out weeks of discipline and progress,
anyone trading long enough knows this
your decisions determine the outcome,
not the market.

Have agreat weekeknd

Sang Real
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,253
  • May 14, 2023 10:34pm May 14, 2023 10:34pm
GOLD

Warm up trade for start of the week.
LONG Scalping to LO

Attached Image (click to enlarge)
Click to Enlarge Name: gold 014.jpg Size: 68 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,254
  • May 14, 2023 11:32pm May 14, 2023 11:32pm
Quoting Pat Chiko
GOLD Warm up trade for start of the week. LONG Scalping to LO {image}
Hello Brother, Do you use stop loss usually, or mental stop loss like me?
Wishing you very good luck and fortune for you.
Use proper stop loss in trading that you can effort to loose
  • #1,255
  • May 15, 2023 12:53am May 15, 2023 12:53am
Quoting Pat Chiko
GOLD Warm up trade for start of the week. LONG Scalping to LO {image}
thank you sir... from your signal i already cut profit at 1%
Never Ending Learning
  • #1,256
  • May 15, 2023 2:45am May 15, 2023 2:45am
Quoting Pat Chiko
GOLD Warm up trade for start of the week. LONG Scalping to LO {image}
It's looks like you've bought all gold, now possible only sit on the fence
  • #1,257
  • May 15, 2023 2:50am May 15, 2023 2:50am
Quoting Banglafx
{quote} Hello Brother, Do you use stop loss usually, or mental stop loss like me? Wishing you very good luck and fortune for you.
I never put sny SL or TP on N3.

AS I've got my Algo running on my trading account, it will automatically determine additional lot, partial TP, SL or final profit.
Some of the componenet in SL used in Algo is ATR set 1.3X normal, 15X on high volitality and 1.8X on news event.

.
I come from the future.
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  • #1,258
  • May 15, 2023 2:51am May 15, 2023 2:51am
Quoting Firmanullah
{quote} thank you sir... from your signal i already cut profit at 1%
That's not my signal, I just want some money to buy lunch.
May be got lucky with that trade.

Best Wishes

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,259
  • May 15, 2023 2:54am May 15, 2023 2:54am
Quoting Pat Chiko
GOLD Warm up trade for start of the week. LONG Scalping to LO {image}
GU

Partial TP.
Need money to buy lunch

This are of SRF, weere need to preparare for any spike down for more liquidity.
If not confortable, take out first, re enter later , when you see but set up/formation.

Attached Image (click to enlarge)
Click to Enlarge Name: gold 015.jpg Size: 173 KB



Gotogo. my hand is shaking coz very hungry....
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #1,260
  • May 15, 2023 3:34am May 15, 2023 3:34am
Quoting Pat Chiko
{quote} GU Partial TP. Need money to buy lunch This are of SRF, weere need to preparare for any spike down for more liquidity. If not confortable, take out first, re enter later , when you see but set up/formation. {image} Gotogo. my hand is shaking coz very hungry....
You had sells from the top ridge, hold till it moved all the way down. But it turned up before it reached target.
Where did you close positions?

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 13 KB
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