Yogi's Journal

As the other thread I used to post binned , I thought may be I start here to post if anything I think useful(at least to few).

I attached EU levels Template for MT5 from monthly to H4. anyone can use it for their scalping .I got burned few times without understanding higher level Hidden zone .I hope other don't make this mistake.

These levels adjusted according reliable data by comparing Afterprime, Metaquotes, FXCM . it should be reliable .

If possible, post about your trade and tell the reason, thanks

Scalping rules for EURUSD

* Mark the shoulder levels zone. It should be a QM level. Not regular R/S flips.
* Make sure at lease there is an engulf m15/m30 . This is the bias we need to have before start scalp
* Once price reach the zone wait patiently for a zone to be engulfed,
* Wait for an RT (there are some way to understand where the RT can upto, but we can't explicitly discuss that here. u can wait till the RR required by using overall tg m30.
*Follow the price along engulf into the zone hold till u get reversal PA
*Do this only London session(start 30 mins before to look for PA) , most of the positions should be closed by London ends , if remains BE . Most of the liquidity dries up after London, And price tends to RT back a lot
* Use the template I sent for the levels H4 and above to watch PA ,below H4 u should mark before trading starts everyday
* I Use trading box technical analysis tool to draw zones and set alerts. If u have something better then fine.
* I use magic keys to manage my trade . U can find anything it works for u .
*before High impact news on USD , we exit our position unless we have HTF engulf and our SL far from the current price .
* Don't trade during or Just after the news. Let the news settle for 5 mins and give u RT to enter .If not don't trade better u miss the trade .
*Do this in demo over and over u will get to know how things works . U also will find how price RT.
* Suggest u trade only one pair that is EURUSD. When I see my results back , overall my distraction, fear, greed all I got due to trying to focus multi pairs scalping. It ends up very negatively . Even we are smart to analyse everything , our brain get confused when we focus many at the same time with overwhelming data.Please don't do that at least in the beginning.
*Those who trade HTF may be pick few pairs.
*Try avoiding JPY pairs . Those are notorious. Very volatile . CHF pairs range a lot and get choppy so avoid that also.
*Overall one pair one Strategy .Nothing else.

That's all u need to do this . Nothing more we have to discuss here . If anyone following this type of trading this may help.


See you soon!!!

I apologise. It's not that I don't want to. But i learned from Kind guy IF, It will be like stealing someone's work and give it to everyone. I post here for not teaching anything. If anyone following this method for long time only can be benefited from this I think. They can understand the boxes and lines in charts when they dig deep and then they will find som many "AHA" moments. For me I don't have interest in teaching or spending time in FF. But I know someone will be benefited by digging these.
If u are a beginner , when u learn the basics it will be useful.

But when u read my scalping rules , and find that rules fitting to chart lines and rectangles u can understand. When u master this scalping, swing is just scaled up scalping same PA same order

Thanks for sharing can you show us where you found the pa to enter the long?

It is the swing high u see on the chart. So basically there is engulf north u r in a uptrend , any trade taken opposite to that HTF (in this case m15/30) u r doing counter trend trading. this is different to conventional uptrend /downtrend where u r trend line sloping upwards its uptrend and vice versa.
Now ok u understand that uptrend , what shud we do now is look for Buy only. but if we wait for the MPL and take that trade , we no need to look for PA(but even though I do look for that to confirm my reading is accurate). then there are intermediate levels u need to watch PA in order for trading these .Coz most of the trades dont retrace to MPL.

Great Webinar for Pro Trader Tom Dante . Tracking your psychology with his demon finder is one of the simplest yet effective I would say.
Psychology of trading is something everyone repeats but in different flavours . But I don't like those coach guys except Mark Douglas (Trading in the zone).
If that all works for them they would have been millionaires before traders. But when I hear from Pro traders with no BS , it makes me happy.



Loved this .

Key points
* Step down there is nothing to do
*Step Up when there is
*Trade the market not the P&L
*Learn from mistakes

Give away

Im going to give away my Multilevel order box EA ( trader manager I created ) and my Journal spreadsheet template with dash board and graphs soon.
Watch out this space.

Just 1 pip short for long Tg, Looking for buy PA at important zone

EC
nice move with chopping sellers till reach the zone.What parabolic move!.there seems more room for this to move down, but will look for entering again

GU

Hmm Nice.Love this pair.When it moves it really moves . But when Bank holiday who moves this market

Some hard truth series about market


Myth: The Market Has Many Buyers and Sellers, and Their Positions Depend on Market Sentiment. When Sellers Lose, Other Buyers Profit and Vice Versa.
Many believe that the market operates as a straightforward exchange of positions based on sentiment, where buyers and sellers compete, and profits or losses shift between them. This creates the impression of a direct, zero-sum game between market participants.

Truth: There Are Only Three Key Components

1. Retail Traders
2. Institutions
3. Exchanges

When a retail trader buys or sells, they are not trading against other retail traders. Instead, institutions takes the opposite side of every position that a retail trader takes. On the surface, these institutions claim they are facilitating buying and selling to ensure tight spreads. However, this is only part of the truth, which leads to a more revealing and potentially shocking reality we discuss later.

In the world of retail trading, there isn't constant buying and selling for every price. It is the institution that immediately takes the other side of the trade. Without this intervention, you could end up with a worse price due to lack of liquidity.

Do Institutions Manually Take the Opposite Side?

If institutions are taking the opposite side of retail trades, they are not doing it manually by watching their computer screens, which would be impractical. This is where exchanges and their matching algorithms come into play. All institutions or liquidity providers are investors in the exchange itself. They do not trade manually, nor do they monitor charts for signals from each other, as "RTM" suggest.
Whatever manipulation occurs is executed through the exchange's algorithm, a topic we will discuss in more detail later. If all institutions traded separately, the market would become chaotic, with them constantly winning and losing against each other. That’s not the primary purpose of this highly advanced, cleverly structured online casino system.

Why Are Institutions Interested in Providing Liquidity?
Imagine a casino claiming they exist just to provide a platform for gamblers. You’d be foolish to believe that, right? The same logic applies to institutions. They always have the upper hand. The market isn’t there for us to make money—it’s there for them. But how is this "casino" heavily loaded in their favor? Is it because they have a secret trading pattern that’s been closely guarded for ages?

No, it’s much simpler. Institutions are on the side of taking orders, meaning they have access to the details and full intentions of retail traders by looking at the order book. For example, let’s say they want to buy and move the market in the buy direction. They need sell orders from retail traders (because who else can they buy from?). But if they see large buy orders from retailers instead of sell orders, they can’t proceed.

When this happens, the market will often turn to the sell side suddenly. This move shakes buyers out of their positions, causing them to close and enticing sellers to join.

Once enough retail sellers have joined the market, the institutions turn the market back up. If more buyers re-enter the market, the same cycle repeats itself.

But Why Does the Market Want to Go Up/down in the First Place?
we continue later with some interesting facts...

Why Does the Market Want to Go Up/down in the First Place?
Only one reason again to hunt the stops, this from smaller scale to larger scale . Higher the timeframe higher the amount of money due to most participant with larger investment think high scale is safer and lower scale is gambling so big money at the play and higher levels. So the main direction is set in for the higher scale and on the way smaller scale keep hunting stop by trapping the traders in wrong direction.


Do we know for sure price will go up or down , unfortunately not 100%. Now if say price is at A and lots of buy orders(retailers) coming and stops sitting below C , at B lots of take profits , if market moves in the direction of A , MM need to give profit to the retailer , if go in the direction C , MM get the profit , what is the obvious thing a MM can do ?. I think i no need to answer , price obviously move in the C direction . If this for seller ofcourse it is vice versa. So this will be decided based on the orders coming through.

If this is the case, does market work for a structure?.


More retailers getting to follow a streagy the less it will work, because everyone is placing the Stops at same location. This is the reason after sometime SMC failed , And to certain extend now RTM also less working , unless we tweak some from the streategy, Compresssion used to work nicely 10 years back for reversal , now not the same way , you need some tweaks. Therefore learning the samething, sharing the edge all what it means in future it is bound not work.More famous the method , faster it will go useless.

Does that mean pattern dont exist ?

It definitely exisit with repeatablity , only reason it works is because retailers create those pattern , not the institution. As the retailers follow some pattern , opposite pattern tends to work more and therefore this opposite pattern is profitable till it is not shared in public domain.


For example SMC teach one the COCH is broken there will be reversal. Open chart and take look most of this happens only for continuation.
Im not going to provide any consipracy theory here ,jus a logic, if algo have a certain pattern , it needs to be tweaked as more the people understand it , but if it works with just retailer orders , no matter what streategy you find , still you are in the opposit direction , that simple as it is .

So there is order in the market to some extend to exploit, but that only exists because of all retailers follow opposite order . This is the bitter truth.
If whatever im saying if you dont believe, open a crypto chart with less interested participants , not famous coin, open a order with few hundred dollar stop loss near to the current price , do what may ,u will see price will go to your stop. That simple .

So , No one can take down that empire , its logically imposible .

How useful is RTM ?.

Using larger TF levels Fine tuning zone , u defintely can use this , to attract larger TF levels investers , price tend to turn for certain distance for a while at least, otherwise who will go short from resistance or long from support . From this larger levels u can fine tune the zone for smaller which is very much possible , by finding kink from that level, it can give highest return.

But how do we tweak this method to find the correct engulf to take that trade. Well if i say that , then it will be gone .
But i can share something, only take reversal engulf after a fakout ,
These order blocks and flag limits,Fairvalue gaps both are powerful only if u know how to fine tune and when to take those trades ,
Why these zones work, which is another big lesson which we need to dive deep into how a MM place orders .
May be another time i will write about that .

Dont lose hope, just think the opposite of all u learned, and backtest it to have some probability , You will see you are in the "zone"

Bye all

Anyway , we wil discuss advanced stuff , and how can one do discretionary trades using context not as a method.
If i see anyone interetested i will write up more in future. otherwise , i shud stop my whining and look after my business

keep it up bro. nice insightfull
this means i need to reverse engineering base on own strategy an MM perspective to make profitable future.