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  • #2,441
  • Nov 9, 2024 6:27pm Nov 9, 2024 6:27pm
Quoting phil13
{quote} Hi Sutiv, to me your entries look vrtually the same as i would of done and marked on the charts above. we all need to know if our thoughts and actions are at least somewhere in line with others that hold similar beliefs and have read similar things to create our own journey, so no you questioning is valid not stupid at all, to me your trade looks good quaility and almost exactly what i would of done as marked out in my charts, well done looks like you are way down the line in our similar understanding of our friend's fti work....
Phil,
Welcome back.
Thanks for your comments, it helps in building up my confidence on this journey.

I saw the GU trade of Nov. 7 but did not participate because I got confused with the wave count up (waves 1-5) and PA did not reach the trapped trader's zone.
How did you mark these waves?

Sutiv
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  • #2,442
  • Nov 10, 2024 10:55am Nov 10, 2024 10:55am
Quoting sutivserv
{quote} Phil, Welcome back. Thanks for your comments, it helps in building up my confidence on this journey. I saw the GU trade of Nov. 7 but did not participate because I got confused with the wave count up (waves 1-5) and PA did not reach the trapped trader's zone. How did you mark these waves? Sutiv {image}

Hi Sutiv

thanks for the welcome back.

No one is going to catch every trade or see every trade the same way even, there is multiple opportunities to trade most days, so never worry that you may have missed something for whatever reason, often in this game less is more value to us as traders, remember my areas that I look at are just my way of taking a 'read' to try to trade, there many other ways to find good areas to look at.

To answer your question here is the link back to the things that caught my attention that day, it was all there for everyone to see but remember the areas are just that areas of interest and sometimes a lot actually the moves will not do what you want just because we marked something on a chart, it is a living beast with its own mind of what it wants and when it wants it, trying to impose 'control or rigidity' will not work all the time, they say 'you can not bring order to chaos' but just maybe there is some limited way to bring chaos to the order we want and make it work for us.

https://www.forexfactory.com/thread/...4#post15053764

Phil.

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Inserted Video
-be careful about what you allow to be put in your mind-
  • #2,443
  • Nov 11, 2024 7:53am Nov 11, 2024 7:53am


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-be careful about what you allow to be put in your mind-
  • #2,444
  • Nov 12, 2024 5:38am Nov 12, 2024 5:38am
update from above....

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-be careful about what you allow to be put in your mind-
  • #2,445
  • Nov 12, 2024 6:25am Nov 12, 2024 6:25am
Quoting phil13
update from above.... {image}
Phil
Thanks for the update.
I am also watching this pair too but waiting for H1 high to be taken out.

Sutiv
  • #2,446
  • Nov 12, 2024 10:18am Nov 12, 2024 10:18am
Quoting sutivserv
{quote} Phil Thanks for the update. I am also watching this pair too but waiting for H1 high to be taken out. Sutiv
Hi Sutiv

good, you are developing your own ways to trade, there is no right or wrong way, all that counts is risk management and taking bigger profits than we give back.

Phil.

this trade is dead to me now.....

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-be careful about what you allow to be put in your mind-
  • #2,447
  • Nov 12, 2024 6:02pm Nov 12, 2024 6:02pm
Quoting phil13
{quote} Hi Sutiv good, you are developing your own ways to trade, there is no right or wrong way, all that counts is risk management and taking bigger profits than we give back. Phil. this trade is dead to me now..... {image}
Phil,
I think this the most important aspect in trading, knowing when to stop. I have equally learned a lot from the way you trade. Thanks.

Sutiv
  • #2,448
  • Nov 13, 2024 5:56am Nov 13, 2024 5:56am
Quoting sutivserv
{quote} Phil, I think this the most important aspect in trading, knowing when to stop. I have equally learned a lot from the way you trade. Thanks. Sutiv
Hi Sutiv

yes, I believe this is the basis of what our friend tried to teach/show us and hence the name of the thread and his first post. We do not have any control over where price could go, all we have is ways of using t/a and p/a that work sometimes only, the only way to trade is to understand that fallacy that we use to try to 'predict' is not and never will be a perfect holy grail thing, it does not exist in trading or life, but what we can control is how we manage our money to give us that 'edge' that we need, unfortunately it is ingrained in all of us that we can figure a way to control/predict everything, this is why I posted those few videos, to me the whole basis of trading is in those, but changing your mindset to let go of thought of control is difficult, it takes a lot for anyone, there is no magic or secret just risk management to gain a profitable overall outcome, just as we do constantly without even realising it in our daily life interactions, the quantum superposition theory with the cat and the double split experiments shows us this definitively, (I was not trying to be clever by introducing that but the very basic understanding of the principles are all we need from it) there are no tests that can give us the answer, only when we see the actual reality of something can we actually know the true reality/state it is in at that moment, this guy explains it so well out of all the stuff I have watched on it, so understanding fully that we can only experience the 'now', which in trading terms means all we can see in reality is the 'now' of price which then leaves all possibilities and probabilities in front of us (or on the right hand side of the chart), my aim was to try to show you this and the fallacy of relying on our use of tools and drawings as being reliable, sure they give us some clues and some comfort to satisfy our primal need to control and predict that we all crave for, but it is an just illusion within our own minds that we convince ourselves of, human nature is to do the least as possible and if someone says that they have this golden goose that will make you fortunes, people take that easy path but I call b/s on that personally, only flexibility in our mindset (by using the scout mindset), can help us overcome what may lay ahead, the minute we switch to 'soldier' mindset without first getting there via 'scout' mindset we have already lost as we are fully committed to one side or the other to leave our fate with, I hope I have demonstrated this well within our conversations, I believe you now understand most of what I do know about our friends teachings and AOW that he introduced to us in a way I had never seen before, the research is always an ongoing quest in trying to find the right path amongst all the b/s and snake oil salesmen all over the internet.

That last trade that failed was likely a good way to show what my journal is about, you see me recently mainly using 1 or 2 x 0.5 scouts with a main trade (soldier entry) of around 10, look at the loss in my last trade, not only was it much smaller than my profits but what made even smaller was the distance between them, meaning I am lower my risk as it goes against me buy lowering my average price of the total of 3.

I like the quote,,,,,, Done is better than perfect.

I think you will do well on your journey now you have seen and been asking these questions that I have tried answer from my own understanding of things, you can now see it takes you places you would not think are related to trading. It is a good addition to my journal as I previously found it hard to explain in fairly simple terms the type of mindset/s I believe we need to achieve.

Phil.
-be careful about what you allow to be put in your mind-
  • #2,449
  • Edited Nov 14, 2024 12:48am Nov 13, 2024 5:56pm | Edited Nov 14, 2024 12:48am
Quoting phil13
{quote} Hi Sutiv yes, I believe this is the basis of what our friend tried to teach/show us and hence the name of the thread and his first post. We do not have any control over where price could go, all we have is ways of using t/a and p/a that work sometimes only, the only way to trade is to understand that fallacy that we use to try to 'predict' is not and never will be a perfect holy grail thing, it does not exist in trading or life, but what we can control is how we manage our money to give us that 'edge' that we need, unfortunately it is ingrained...
Phil,
Thanks so much for the explanation.
Yesterday I was looking at your chart and the way you manage the trade, so many thought came to my mind on how we can use money management strategy to trade and today you let the cat out of the bag.
I can't thank you enough, but it is well appreciated.

What do you usually see in PA before deploying your full squad?

Sutiv
  • #2,450
  • Nov 15, 2024 10:32am Nov 15, 2024 10:32am
Quoting sutivserv
{quote} Phil, Thanks so much for the explanation. Yesterday I was looking at your chart and the way you manage the trade, so many thought came to my mind on how we can use money management strategy to trade and today you let the cat out of the bag. I can't thank you enough, but it is well appreciated. What do you usually see in PA before deploying your full squad? Sutiv
Hi Sutiv

no problem, as i say i am happy i may have helped in some way as fti wished for us to do.

short answer = Momentum, newtons law of motion...... making its way trough the time frames i use ... M5, M15, H1, D1, it comes in many different forms, watch H1 see something your interested in, look at D1 quickly then check M5/M15 and make sure DXY/USDX or dollar basket, is in line with what you think you see in potential trade. hard to explain it any more than that process. just keep newtons law in mind not the bars but the moves themsevles in the lower frames more so to get a better entry, H1 you can use bars formation ect, D1 where is the bar today in relation to yesterday.

the better question to ask yourself is why should i not enter here/terrain.

Phil.
-be careful about what you allow to be put in your mind-
  • #2,451
  • Nov 16, 2024 5:14pm Nov 16, 2024 5:14pm
Quoting phil13
{quote} Hi Sutiv no problem, as i say i am happy i may have helped in some way as fti wished for us to do. short answer = Momentum, newtons law of motion...... making its way trough the time frames i use ... M5, M15, H1, D1, it comes in many different forms, watch H1 see something your interested in, look at D1 quickly then check M5/M15 and make sure DXY/USDX or dollar basket, is in line with what you think you see in potential trade. hard to explain it any more than that process. just keep newtons law in mind not the bars but the moves themsevles...
Phil,
Thanks for your explanation but apart from all the checks listed, is trend confirmation among the processes?

Regards,
Sutiv
  • #2,452
  • Nov 17, 2024 5:20am Nov 17, 2024 5:20am
Quoting sutivserv
{quote} Phil, Thanks for your explanation but apart from all the checks listed, is trend confirmation among the processes? Regards, Sutiv

Hi Sutiv

here is the basis of my understanding/thoughts. (FTI+AOW = use of spies and terrain)

If D1 and H1 are in line it should give you more confidence to attack full force (fti = blitzkrieg).

If H1 is counter to D1 then trade with more and more care the deeper H1 gets wave wise.

If D1 and H1 are in line make sure you know where the terrain is that you are fighting in/on (waves within waves).

Make sure that you are not trading into a fast coming train, news, political, CB's fight and/or your capital and skews are not robust enough to withstand a sudden move, (fti = do not bring a knife to a gun fight).

If you can not make sense, keep getting it wrong or have some mind worry/issues/health, then do not trade, (fti = if you can not stand the heat, get out of the kitchen).

Phil.
-be careful about what you allow to be put in your mind-
  • #2,453
  • Nov 19, 2024 9:05am Nov 19, 2024 9:05am
Quoting phil13
{quote} Hi Sutiv here is the basis of my understanding/thoughts. (FTI+AOW = use of spies and terrain) If D1 and H1 are in line it should give you more confidence to attack full force (fti = blitzkrieg). If H1 is counter to D1 then trade with more and more care the deeper H1 gets wave wise. If D1 and H1 are in line make sure you know where the terrain is that you are fighting in/on (waves within waves). Make sure that you are not trading into a fast coming train, news, political, CB's fight and/or your capital and skews are not robust enough to withstand...
Phil,
Thanks.
I experienced what you are trying to explain in EU trade yesterday. Though I was trading against the major trend but no major news. I made a plan for it and was nimble during the trade.
I will work harder to internalise the process and practice, practice, practice.

Sutiv
  • #2,454
  • Nov 21, 2024 6:50am Nov 21, 2024 6:50am
Quoting phil13
{quote} Hi Sutiv so for me there is no 'definition' of a reversal pattern anyway any more, I got caught up in all that rubbish they try to program into new traders when I started and it did not work out well for me let's just say!, there are so many different variations and market variables that go into a market reversal. what do call and how do you know that a 'retrace' (form of reversal) is going to be? a small or big move or a huge reversal point???, we don't and anyone who says they know this in every event that the market moves in is full of...
Phil,
I noticed different colours of arrows in the attached chart, what do they represent?

Sutiv
  • #2,455
  • Nov 21, 2024 12:10pm Nov 21, 2024 12:10pm
Quoting sutivserv
{quote} Phil, I noticed different colours of arrows in the attached chart, what do they represent? Sutiv
Hi Sutiv

red and blue = trapped traders

dark yellow = highs/lows or tops/bottoms (as I say what ever you want to call them)

Phil.
-be careful about what you allow to be put in your mind-
  • #2,456
  • Nov 25, 2024 7:20am Nov 25, 2024 7:20am
Quoting phil13
{quote} Hi Sutiv red and blue = trapped traders dark yellow = highs/lows or tops/bottoms (as I say what ever you want to call them) Phil.
Phil,
Thanks for the explanation.
What is the best approach to gauge the range of trapped traders? Do you use the candlestick's body or wick?

Sutiv
  • #2,457
  • Nov 26, 2024 8:46am Nov 26, 2024 8:46am
Hi Sutiv

for big market moving orders to be filled or unloaded they need to find place where there are plenty of 'trapped traders or traders willing to buy or sell at areas. now in spot fx there is no central volume (though big brokers volume can sometimes help us a little), so there is no accurate volume as in some other thing we can trade, that means we have think carefully how to find these possible areas, people like trading breakouts, highs or lows ect, but why does price sometimes spend hours or days at certain areas??? i have already given you the answer in this post, to help further here is how i see liquidity in the charts, that is what fills big market orders.

Phil.

Attached Image (click to enlarge)
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-be careful about what you allow to be put in your mind-
  • #2,458
  • Nov 30, 2024 5:55pm Nov 30, 2024 5:55pm
Quoting phil13
Hi Sutiv for big market moving orders to be filled or unloaded they need to find place where there are plenty of 'trapped traders or traders willing to buy or sell at areas. now in spot fx there is no central volume (though big brokers volume can sometimes help us a little), so there is no accurate volume as in some other thing we can trade, that means we have think carefully how to find these possible areas, people like trading breakouts, highs or lows ect, but why does price sometimes spend hours or days at certain areas??? i have already given...
Phil,
Thanks for your detailed explanation. How do you measure the range in the attached diagram?
I made some observations on the law of motion and noticed that daily trapped traders are one of the forces that impact on the direction of the motion. It seems there is a lot of liquidity in the zone.

Regards,
Sutiv
Attached Image (click to enlarge)
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  • #2,459
  • Dec 1, 2024 4:32am Dec 1, 2024 4:32am
Quoting sutivserv
{quote} Phil, Thanks for your detailed explanation. How do you measure the range in the attached diagram? I made some observations on the law of motion and noticed that daily trapped traders are one of the forces that impact on the direction of the motion. It seems there is a lot of liquidity in the zone. Regards, Sutiv {image}

Hi Sutiv

the higher the time frame the more significance the level and area/ranges are to us, that is why analysis is done in the higher frames and lower are for refining (or trying to) entries/exits with scouts.

Phil

Attached Image (click to enlarge)
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-be careful about what you allow to be put in your mind-
  • #2,460
  • Dec 2, 2024 4:33am Dec 2, 2024 4:33am
Quoting phil13
{quote} Hi Sutiv the higher the time frame the more significance the level and area/ranges are to us, that is why analysis is done in the higher frames and lower are for refining (or trying to) entries/exits with scouts. Phil {image}
Phil,
Thanks for always helping out.
I am trying to interpret the timing the way I understand it.
The zone marked A is where the last trapped sellers were located. When PA approached this zone, there was a fight between the buyers and sellers (zone marked B), but eventually, the sellers took control and made a low.
Is my interpretation in order?

Sutiv
Attached Image (click to enlarge)
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