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Thinking Outside the Box!?!

  • #261
  • May 25, 2011 4:26pm May 25, 2011 4:26pm
Quoting jag1966
Sorry buddy I am actually trying to help you.

I understand the market and I use a system to trade it profitably. I realise well enough that you cannot be bothered, so no worries.
wow... buddy... I don't want/need your help particularly from someone whose only contribution to the forum is to drop into every post what a great trader he is and how he knows the market so well.... We know already!

Some people don't feel the need to tell world how great they are, doesn't mean they need your help.

Food for thought.

What I can't be bothered with is talking to a condescending egomaniac, when I want your help... I'll ask for it'

I'm not often a rude prick but sometimes people need a slap in the face
Time hides Nothing
  • #262
  • May 25, 2011 4:28pm May 25, 2011 4:28pm
Quoting CindyXXXX
wow... buddy... I don't want/need your help particularly from someone whose only contribution to the forum is to drop into every post what a great trader he is and how he knows the market so well.... We know already!

Some people don't feel the need to tell world how great they are, doesn't mean they need your help.

Food for thought.

What I can't be bothered with is talking to a condescending egomaniac, when I want your help... I'll ask for it
but you do need help
  • #263
  • May 25, 2011 4:33pm May 25, 2011 4:33pm
Quoting jag1966
but you do need help
Forum fights are lame... You can remove me from your buddy list now... I might have entertained your ideas but the fact that you replied to my post by telling me that the market isn't random (as if I said it was) is a clear sign that you hadn't read what I said and if you did you need glasses...

I say again.. You only read what you wanted to see... Before coming back at me with a personal attack on how I need help and how you can help me if you wanted cause you're all knowing and great... Just know that I don't value your opinion in the slightest, you seem very defensive.

I can acknowledge that I may have areas that I can improve but that's my battle and I'm enjoying it on my own. I can also accept that people will always disagree the only difference is I'm not offended by your opposing views, I can just accept the fact that we are different people.

Good luck with your trading
Time hides Nothing
  • #264
  • May 25, 2011 4:36pm May 25, 2011 4:36pm
I think you can trade profitably and develop systems simply trading S/R and PA without looking at news even intraday, so I'm not arguing that at all... however like Marv said, I keep it just to be aware, and I also trade them for very HP short term trades as well, it's good stuff. I'm not talking just news events either.
  • #265
  • May 25, 2011 4:42pm May 25, 2011 4:42pm
Quoting CindyXXXX
Forum fights are lame...
I am not fighting and I don't have an ego. Ever heard the saying you have to be cruel to be kind?

I don't wanna be anybodies friend particularly, but you can never have to many friends. So I say it how I see it.

Some people on here have been posting since 2006 ish and still don't get it.

The misinformation and disinformation is chronic, all I am saying is starting numerous threads searching for something that is staring you in the face is a waste of life.

You try reading between the lines.
  • #266
  • May 25, 2011 4:43pm May 25, 2011 4:43pm
Here's something that was recommended to me a while back by a fellow trader:

'Try to see if you can come up with a trade such that it is won before it is placed.'

If you're not willing to consider the possibility that such trades exist, then you're not thinking outside of the box. If you can identify such situations, then I'm quite sure you have a robust working idea, whose only shortcomings will be:

 

  1. you; your inability to correctly identify such situations and;
  2. the inability to account for unexpected/shock events.

All you have to do is work on the you aspect, and given enough time you'll have a very capable means of siphoning profit from the market. I would also like to emphasize that when I say this, I'm not going Mark Douglasy - don't take this to mean psychology. Eventually, the unforseen/shock events that one cannot account for will become the major contributor to your losses bar a few slip-ups now and again, as we are not perfect.

Within the proverbial box, the consensus thinking is that the outcomes of trades can be pawned off as the result of a probability distribution of wins and losses. With the above approach, you circumvent all that and begin to take full responsibility for your trades. Working on the you aspect will thus inevitably increase your success, until the whole procedure becomes routine.

How you go about working on the you component, and how you go about identifying criteria that will produce such a trade are entirely up to the trader. Bang your head a few times, take a break from it temporarily - heck dismiss what I'm saying completely! No matter which path you choose, the most important thing to remember at all times, is that you are trading a market.

Regards,
xXTrizzleXx

  • #267
  • May 25, 2011 4:47pm May 25, 2011 4:47pm
Quoting CindyXXXX
Forum fights are lame... You can remove me from your buddy list now... I might have entertained your ideas but the fact that you replied to my post by telling me that the market isn't random (as if I said it was) is a clear sign that you hadn't read what I said and if you did you need glasses...

I say again.. You only read what you wanted to see... Before coming back at me with a personal attack on how I need help and how you can help me if you wanted cause you're all knowing and great... Just know that I don't value your opinion in the slightest,...
My apologies, the random comment wasn't directed at you at all. I am not all knowing yada yada.

Defensive, no way.
  • #268
  • Edited 5:05pm May 25, 2011 4:47pm | Edited 5:05pm
Quoting jag1966
I must be insane then.

Ok nfp and interest rate announcements if I think about it. But I forget to most of the time.
Well if it works for you, then of course whatever I say doesn't matter. Why fix what's not broken?

Personally, I will look at whatever the money movers are looking at. If they look at news, I'll do that too. If they look at charts, I'll do that too. etc. etc. Whatever it is, as long as it's information relevant to the market and checked out by the pros, then it has a place on my platform.

In other words, I'm always after what might motivate the big guys to place/close their orders (and where etc.); always after the cause for money to move, and not the "after the fact" byproduct of the movement itself (such as EMA x crossing EMA y). It's all about information, and I find most of the information viewed by the average trader, such as chart patterns and whatnot, to be too "lagging" and more of a byproduct of price movement than a creator of movement.

But again, that's just the way I look at the market. I'm open to the possibility that someone who solely looks at such lagging chart information may have developed a rare skill to look ahead and be in the real real-time, somehow eliminating the inherent lag at a rate that yields a positive edge.

Quoting jag1966
The misinformation and disinformation is chronic, all I am saying is starting numerous threads searching for something that is staring you in the face is a waste of life.
Couldn't agree more.

And guys give jag a break. I personally may not always take his advice or prefer his particular style but I know his intentions are nothing but good when he gives advice. So whatever.

If you don't like it, just leave it.
  • #269
  • May 25, 2011 4:48pm May 25, 2011 4:48pm
Quoting jag1966
but you do need help
ok well seeing as we are talking civilized,,, In which way do you think I need help? I am interested to know
Time hides Nothing
  • #270
  • May 25, 2011 4:52pm May 25, 2011 4:52pm
Quoting CindyXXXX
ok well seeing as we are talking civilized,,, In which way do you think I need help? I am interested to know
phew, can we shake hands and get together via pm sometime soon, I am not a fighter.
  • #271
  • May 25, 2011 5:01pm May 25, 2011 5:01pm
Quoting Marv
And guys give jag a break. I personally may not always take his advice or prefer his particular style but I know his intentions are nothing but good when he gives advice. So whatever.

If you don't like it, just leave it.
Well it's not good enough to discount a post without explaining why... Misinformation is right. Cut the shit, just spit it out
Time hides Nothing
  • #272
  • May 25, 2011 5:12pm May 25, 2011 5:12pm
Quoting CindyXXXX
Come on man you publicly said I need help you can at least let these people know the error of my ways... We don't want to mislead anyone now do we... I'm not a fighter either, its an honest question.
Ok if you want a public discussion then fine, I am profitable and from what you have said in recent posts you are not therefore you need help, if I am mistaken I apologise, but all I ever wanted to do was help you and anyone else that was struggling to become profitable.

I have developed a way to trade that is almost 100% mechanical, I have taught a few friends and they picked it up quite quickly.

Therefore I do know my sh1t and do have something to offer.
  • #273
  • May 25, 2011 5:19pm May 25, 2011 5:19pm
Quoting Monroe
I think you can trade profitably and develop systems simply trading S/R and PA without looking at news even intraday, so I'm not arguing that at all... however like Marv said, I keep it just to be aware, and I also trade them for very HP short term trades as well, it's good stuff. I'm not talking just news events either.
We think alike, thanks
  • #274
  • May 25, 2011 5:20pm May 25, 2011 5:20pm
Quoting Marv
Well if it works for you, then of course whatever I say doesn't matter. Why fix what's not broken?

Personally, I will look at whatever the money movers are looking at. If they look at news, I'll do that too. If they look at charts, I'll do that too. etc. etc. Whatever it is, as long as it's information relevant to the market and checked out by the pros, then it has a place on my platform.

In other words, I'm always after what might motivate the big guys to place/close their orders (and where etc.); always after the cause for...
Marv, you have been an inspiration to me so thanks for those comments.

I should elaborate, every candle on every timeframe tells me a story now, that is all I need, no mas, vsa, fibs ,pivots or orderflow numbers, the candles tell the story, it is very empowering.
  • #275
  • May 25, 2011 5:24pm May 25, 2011 5:24pm
Quoting jag1966
Ok if you want a public discussion then fine, I am profitable and from what you have said in recent posts you are not therefore you need help, if I am mistaken I apologise, but all I ever wanted to do was help you and anyone else that was struggling become profitable.

I have developed a way to trade that is almost 100% mechanical, I have taught a few friends and they picked it up quite quickly.

Therefore I do know my sh1t and do have something to offer.
hm well thank you for clarifying that. It's a shame you are so quick to judge people.

Apologies for the comments I made. I do feel though that you completely misread what I was saying. But anyway I will drop it.
Time hides Nothing
  • #276
  • May 25, 2011 5:34pm May 25, 2011 5:34pm
Quoting CindyXXXX
hm well thank you for clarifying that. It's a shame you are so quick to judge people.

Apologies for the comments I made. I do feel though that you completely misread what I was saying. But anyway I will drop it.
Yes I guess I have been quick to judge, mostly I find the best in people then realise it is undeserved. Hence my possibly incongruous buddies list.

On the whole though it is a good representation of the research I have done in trying to BREAK my own method by making comparisons but so far mine always comes out on top, I will always keep testing.

No need to apologise, I hope we can move forward together now.

Regards.
  • #277
  • May 25, 2011 7:07pm May 25, 2011 7:07pm
Quoting jag1966
Yes I guess I have been quick to judge, mostly I find the best in people then realise it is undeserved. Hence my possibly incongruous buddies list.

On the whole though it is a good representation of the research I have done in trying to BREAK my own method by making comparisons but so far mine always comes out on top, I will always keep testing.

No need to apologise, I hope we can move forward together now.

Regards.
I'm glad thats over

My only fear is having an argument make my thread 20 pages longer LOL
  • #278
  • May 25, 2011 7:16pm May 25, 2011 7:16pm
sorry bud
Time hides Nothing
  • #279
  • May 25, 2011 7:18pm May 25, 2011 7:18pm
Quoting CindyXXXX
sorry bud
It's no problem.. and I don't point finger or really know who started it..

but I've instigated arguments in the past on threads.. so I've been there
  • #280
  • Edited 5:02am May 26, 2011 4:51am | Edited 5:02am
Quoting newyear498
been a while since I posted but its summer soon so I'm around more often

In my opinion the objective of forex from my standpoint is to make profit.. and like war (im a strategy game player.. and ex MP.. and interested in strategy).. and your objective in war is victory.. not a lengthy campaign so to me..

well what I find is most people are making it there objective to get rich by scalping on minute increments.. which to me is a lengthy and tiresome campaign..

...

I dont see many trying this though.. like I said I see FF as a outlet...
Strategy is one thing I've been missing in my charts; I'll just plow through with one chart reason I found, and thus often get recalcitrant in its defense instead of studying for its place amongst other chart areas I avoid studying.
Scalping: At times, the chart may be moving fast enough to justify it. I just gotta switch gears in my brain, which, for me, is tough to do.

Quoting newyear498
I have not attempted to trade it for live due to its non strict nature

but basically what I do is watch the 1M TF and just make a mental note of the actual fluctuations

so basically I see the 1M bouncing up and down between a certain range.. and by 1M I mean the current candle still being formed in the 1M.. and I watch it bounce up and down and stretch out the low and high

and then I start putting in buy and sell market order at the lower end and higher end of these fluctuations

sure scalping is nothing new but I feel my approach is...
I presume: Measuring speed of change between ticks, only through observing a really low TF in action. Such as discussed. Neat. Good idea of an approach... I guess my problem is that (LFH) simulator doesn't seem to measure that bounce correctly; and, I tend to want to find patterns to select amongst more relevant bounces, such as a sharp drop and then a good turn, of where doing this is more effective to project an area, and for that you need either a good short-term memory (a bit lazy) or an indicator (again...).
Simulator's good training for watching the printed price only move (i.e., tape reading), tho, which I use for a kind of backup and, I guess, similar to what you're saying.
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