Squeeze n Go | MTF System | Page 19 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Spud's MTF FIB Breakout System 383 replies

H1Scalper System (MTF D1,H1,M5) 725 replies

MTF Trix system 3,697 replies

MTF Stochastics into MTF Stoch Histogram 8 replies

MTF Vajioo Scalping System 15 replies

Attachments: Squeeze n Go | MTF System
Exit Attachments

Squeeze n Go | MTF System

  • #361
  • Edited 7:00am Jan 31, 2025 6:28am | Edited 7:00am
RickM, good stuff, but you know that we always disagree(on professional level) with these 2 points.

My point for newer and/or loosing traders:

1. Anything to do with volume is totally meaningless, including VWAP and all of it incarnations.

2. It is statistically more beneficial to go in with full position from the start and use Money Management trailing the full position, rather then add on positions to get to full position.

MindFuck is what 60% of the business is, controlling Fear and Greed, every new position is a Mindfuck on its own and with full position I am diminishing it...not sure if "missing X' is the same thing, most likely not.

Chart below is 2Min.TF Gold entry(in hindsight) circled and managing full position, as an example. Arrow ends when full position exits.

I do not trade gold but here is a live trade with full position I took on January 27 Dow Futures. https://www.forexfactory.com/thread/...9#post15129209
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 21 KB
  • #362
  • Edited 9:59am Jan 31, 2025 9:41am | Edited 9:59am
Dow Futures 5 Min TF, MindFuck - can you handle it? Of course Yes and of course I do have feelings

Will be moving stops momentarily...

And out, +140, Real Live trading, no hindsight here.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
Click to Enlarge Name: screenshot.png Size: 16 KB
  • #363
  • Jan 31, 2025 9:49am Jan 31, 2025 9:49am
@RickM, @MachineLearn, Forex Factory, just when I thought I was out - They pulled me back in!

Inserted Video
  • #364
  • Jan 31, 2025 4:17pm Jan 31, 2025 4:17pm
Nice one from earlier
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20250131_171701_Photos.jpg Size: 319 KB
  • #365
  • Jan 31, 2025 8:02pm Jan 31, 2025 8:02pm
Quoting MachineLearn
Nice one from earlier {image}
Nice trade Machine, I can also see a VCP Pattern to strengthen the push upwards
Trading thin liquidity at the boundary of the charts
  • #366
  • Jan 31, 2025 8:16pm Jan 31, 2025 8:16pm
I have traded with Driven a few years back and we love to disagree on one subject - VOLUME

There is no chance in hell he will ever consider Volume data is of much value in trading, so no point wasting time here debating with him this subject matter.

But, perhaps there is one other trader reading this post that can see something in this chart below that may just change their opinion slightly.

Volume Data is best used by applying VWAP to intraday charts to show us where the professionals are Buying or Selling. Its next best used for watching the tape (DOM) on Future's and Stock Chart to gain a small advantage here.

1.. When price starts to reverse Bullish, we will see two things. Price up to this moment will hit the Bids and mainly rest against the bids (Buyers).
2.. At the turn, we start to see Bid tick rejection where price hits the Bid and instantly jumps up and hits the Ask's. So now we see every move now being rejected against the Bids and price now just starts to sit more at the Ask's (Sellers). ITS A SHIFT, very small but it can be seen.

Many of the most famous traders we all read about swear by the TAPE

Now I'll go back in my hole before Driven gives me a hard time
Attached Image (click to enlarge)
Click to Enlarge Name: DD bid ask.png Size: 179 KB
Trading thin liquidity at the boundary of the charts
  • #367
  • Jan 31, 2025 8:23pm Jan 31, 2025 8:23pm
Quoting RickM
I have traded with Driven a few years back and we love to disagree on one subject - VOLUME There is no chance in hell he will ever consider Volume data is of much value in trading, so no point wasting time here debating with him this subject matter. But, perhaps there is one other trader reading this post that can see something in this chart below that may just change their opinion slightly. Volume Data is best used by applying VWAP to intraday charts to show us where the professionals are Buying or Selling. Its next best used for watching the tape...
  • #368
  • Edited 9:50pm Jan 31, 2025 9:16pm | Edited 9:50pm
That was a hell of the month. I was very active on this thread and decided to post an equity line for the month of January, just to show traders that there are always losing days(circled), profitable days, etc..business is not easy especially during drawdowns, but if you have an edge, overall stats are great, so

46 trades, 10% Relative DD and +16% profit overall.

It may bring more haters, but I do not give a crap.

Anyway, hello March and projecting good things to come. GL to All!.

P.S. @MachneLearn I promise not to hog the thread in March.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 21 KB
  • #369
  • Feb 1, 2025 3:17pm Feb 1, 2025 3:17pm
Quoting RickM
I have traded with Driven a few years back and we love to disagree on one subject - VOLUME There is no chance in hell he will ever consider Volume data is of much value in trading, so no point wasting time here debating with him this subject matter. But, perhaps there is one other trader reading this post that can see something in this chart below that may just change their opinion slightly. Volume Data is best used by applying VWAP to intraday charts to show us where the professionals are Buying or Selling. Its next best used for watching the tape...
SMB, an actual prop firm (up to $25,000,000 in capital per trader, not the pay to play fx/cfd places), shows statistics that their best traders are tape readers.
  • #370
  • Feb 1, 2025 7:13pm Feb 1, 2025 7:13pm
Quoting CashBox
{quote} SMB, an actual prop firm (up to $25,000,000 in capital per trader, not the pay to play fx/cfd places), shows statistics that their best traders are tape readers.
Hi Cashbox

Exactly, we can also include other great traders like Paul Tudor Jones, Jessie Livermore and Richard Wickoff to name a few.

The big point here is THIS is where you see those Algorithm's actually trading against smaller players. The DOM lets us know whether the Buying or Selling pressure is real or fake which can help deciding on whether we should be trading now.

On my chart above, I use the AVWAP to show hidden resistance - then look for down Ticks on the 500 Tick chart (ES) and actually enter on an ASK when price is pressuring the BIDS.

That's one good trade.
Trading thin liquidity at the boundary of the charts
  • #371
  • Feb 1, 2025 9:59pm Feb 1, 2025 9:59pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20250201_225911_Photos.jpg Size: 297 KB
  • #372
  • Feb 1, 2025 10:00pm Feb 1, 2025 10:00pm
Quoting driven18
That was a hell of the month. I was very active on this thread and decided to post an equity line for the month of January, just to show traders that there are always losing days(circled), profitable days, etc..business is not easy especially during drawdowns, but if you have an edge, overall stats are great, so 46 trades, 10% Relative DD and +16% profit overall. It may bring more haters, but I do not give a crap. Anyway, hello March and projecting good things to come. GL to All!. P.S. @MachneLearn I promise not to hog the thread...
This is is all of our thread brother, hogging can't exist.

Look forward to more posts, don't slow down!
  • #373
  • Feb 1, 2025 11:47pm Feb 1, 2025 11:47pm
Quoting MachineLearn
I like thus setup. Multiple bounces off a strong resistance area. Diamonds signaling retests. Buyers absorbed? Then price starts to enter a high compression squeeze , after squeezing for a bit. VCP pattern appearing now as well and I would expect an explosive move soon. I like to wait for a release personally. You can see a couple strong support zones below that we could use at TP, which we would create a great RR assuming price breaks to the downside. {image} {image}
Hi ML, Could you give the name of the TV "diamond indicator" - thanks in advance buddy.

PC
Less is more...
  • #374
  • Feb 2, 2025 11:22am Feb 2, 2025 11:22am
Quoting pipcruiser
{quote} Hi ML, Could you give the name of the TV "diamond indicator" - thanks in advance buddy. PC
https://www.tradingview.com/script/U...es-ChartPrime/
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20250202_122254_TradingView.jpg Size: 258 KB
  • #375
  • Feb 2, 2025 11:25am Feb 2, 2025 11:25am
Quoting pipcruiser
{quote} Hi ML, Could you give the name of the TV "diamond indicator" - thanks in advance buddy. PC
I wait for multiple bounces (diamonds) and then look for squeezes that have seen high compression and wait for a breakout. Use VCP and EMAS in confluence.

Every timeframe works different for number of retests, types of squeezes and breakouts that work best together
  • #376
  • Feb 2, 2025 2:05pm Feb 2, 2025 2:05pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20250202_150449_Photos.jpg Size: 333 KB
  • #377
  • Feb 2, 2025 7:05pm Feb 2, 2025 7:05pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20250202_200433_Photos.jpg Size: 313 KB
  • #378
  • Feb 2, 2025 9:09pm Feb 2, 2025 9:09pm
Quoting MachineLearn
{image}
Continued to fall
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20250202_220923_Photos.jpg Size: 291 KB
  • #379
  • Feb 3, 2025 4:27am Feb 3, 2025 4:27am
Quoting MachineLearn
{quote} I wait for multiple bounces (diamonds) and then look for squeezes that have seen high compression and wait for a breakout. Use VCP and EMAS in confluence. Every timeframe works different for number of retests, types of squeezes and breakouts that work best together
Thanks a lot!

PC
Less is more...
  • #380
  • Edited 8:32am Feb 3, 2025 8:10am | Edited 8:32am
took this trade on gold, great vcp pattern, A++

EDIT: I didn't like pa around my tp so took 4.5R instead of 5R
EDIT 2: Got to wait a bit more and would take full tp, but still great result
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 104 KB
1 trader viewing now