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M&W-Trading

  • #141
  • Jun 6, 2011 10:34am Jun 6, 2011 10:34am
There are different ways to interpret the TDi.
I watch for the breaking of the blue band as a potential sign of reversal.
This version of the TDi does not change colour when the bands are broken hence the reason for the lack of colour change.

Having said that I do not enter solely on the TDi and use it more as confirmation that my trade is potentially a good trade.
I don't believe in indicators as all are lagging and use rather PA, S&R and some standard industry emas.
  • #142
  • Jun 6, 2011 7:34pm Jun 6, 2011 7:34pm
Nice M-pattern on EUR/CAD. I don't trade this pair, credit to Michael for seeing this.
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  • #143
  • Jun 8, 2011 4:34pm Jun 8, 2011 4:34pm
I don't know where else to post this, but I keep getting PMs from people asking me for links to videos because they saw a NeoRio at the Indo forum post that they had links. I am not the NeoRio from the Indo forum. I am not a member of the Indo forum and I have no idea who the other NeoRio is. If anybody here is a member of the Indo forum, I'd appreciate it if you would please post there that the NeoRio from FF is not the same person as the NeoRio from the Indo forum.

Thanks,
NeoRio
Sentiment: Short on cash. Long on hope.
  • #144
  • Jun 9, 2011 7:34am Jun 9, 2011 7:34am
Hello

in one of other thread i was talkin that i will explain what i know about MMM. I will go step by step, i am not one of his student but i had access to pictures made by his students (the page is now closed).

Maybe i misunderstand certain things but i will try to explain what i think please help me with your knowledge and understanding.

as you can see they use different EMAs, the most important looks to be 50 EMA called water because they use it for level counting, but more about level counting in future.
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  • #145
  • Jun 9, 2011 2:49pm Jun 9, 2011 2:49pm
Adding:

- pivot points
- daily high low
- asian range
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  • #146
  • Jun 9, 2011 7:15pm Jun 9, 2011 7:15pm
Quoting ataata
Hello
in one of other thread i was talkin that i will explain what i know about MMM. I will go step by step, i am not one of his student but i had access to pictures made by his students (the page is now closed).
Maybe i misunderstand certain things but i will try to explain what i think please help me with your knowledge and understanding.
as you can see they use different EMAs, the most important looks to be 50 EMA called water because they use it for level counting, but more about level counting in future.
From what you have seen so far in the pictures, what is your impression of how the students are doing? Is it worth your time to put so much effort to study and analyze the pictures made by his students?
No longer trading forex. Looking for full time job.
  • #147
  • Jun 10, 2011 1:02am Jun 10, 2011 1:02am
Quoting mmaker
From what you have seen so far in the pictures, what is your impression of how the students are doing? Is it worth your time to put so much effort to study and analyze the pictures made by his students?

Yes it is worth. The main advantage for me is his use of TDI - because you can add it to every method.

About pictures I can see that some of students are strugling that they are on the beginning of their way in fx. From HW pictures i think that some expeience trader can easyly make almost the same method.

And once again: the page where pictures were is under password from yesterday so i dont have access to it anymore. In the lase picture i think are almost all indicators MM students are using.
  • #148
  • Jun 18, 2011 2:19pm Jun 18, 2011 2:19pm
- You enter in the trend when you are in third level ( we count level where there is a price close on top or under the 50 EMA and ther is a consolidation, Mauro teach that after the third level there is usually a change in trend)

- There must be W or M formation in third level

- You must also look at upper TF - look for confirmation

- You enter at extrems - Pivot levels at M3/M4 or M1/M2

- At TDI look for Shark FIN or blood

- The price must be at extrems of the days (LOD or HOD) for at least 2 candles in 15M

- And of couse look for standard reversal candle patterns

- and never trade at one hour before the news
  • #149
  • Jun 18, 2011 3:26pm Jun 18, 2011 3:26pm
W&M Staretgy = Double Top and Bottom




http://oakshirefinancial.com/images/...%20pattern.jpg

Good Lock
  • #150
  • Jun 19, 2011 1:35am Jun 19, 2011 1:35am
Quoting ataata
- You enter in the trend when you are in third level ( we count level where there is a price close on top or under the 50 EMA and ther is a consolidation, Mauro teach that after the third level there is usually a change in trend)

- There must be W or M formation in third level

- You must also look at upper TF - look for confirmation

- You enter at extrems - Pivot levels at M3/M4 or M1/M2

- At TDI look for Shark FIN or blood

- The price must be at extrems of the days (LOD or HOD) for at least 2 candles in 15M

- And of couse look for...
Also talks about "trap moves", "session change-over", "2hrs rule", "gap time", "brinks trade", "weekly market cycle", "shift bar", "the only 4 trades you should know", "straightaway trade", "3-3 trade" and "3-3-3 trade", "rules to profit by", "fractional disparity", "reset", "checkdown", etc. It is ignorant to think that Steve spent 4 days talking only about M and W patterns. He can only reveal so much during the sales webinars. Looking forward to seeing more of your notes, ataata.

M and W is known as classical Dragon pattern or TraderVic's 1-2-3 pattern. Simply looking for this setup will hurt your account without understanding the underlying trap moves and false trend.
No longer trading forex. Looking for full time job.
  • #151
  • Jun 19, 2011 2:07am Jun 19, 2011 2:07am
@ NeoRio, could you please add me to the skype room? My skype name is louie1983au

Thanks, Louie.
  • #152
  • Jun 19, 2011 3:14am Jun 19, 2011 3:14am
MM i see that you are more familiar with the MM method than I. Could you be so polite and explain us more about fridays action. Thank you in advance.
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  • #153
  • Jun 19, 2011 3:54am Jun 19, 2011 3:54am
Quoting ataata
- You enter in the trend when you are in third level ( we count level where there is a price close on top or under the 50 EMA and ther is a consolidation, Mauro teach that after the third level there is usually a change in trend)

- There must be W or M formation in third level

Ataata, do you mean to count three times price close to the 50EMA with consolidation?

Would you mind clarifying above point, maybe with an image?


Thanks a lot
Sammy
  • #154
  • Jun 19, 2011 5:59pm Jun 19, 2011 5:59pm
Quoting ataata
MM i see that you are more familiar with the MM method than I. Could you be so polite and explain us more about fridays action. Thank you in advance.
You don't seem to understand that MMaker is either Steve Mauro, or one of his team. Why would they share with you the inside details of a system/mentorship that they charge $5,100 for? They were showing you all the other things that are taught in SM's course to whet your appetite, not to go into detail on a public forum and actually teach it.

Kind Regards,
NeoRio
Sentiment: Short on cash. Long on hope.
  • #155
  • Edited 7:21pm Jun 19, 2011 6:23pm | Edited 7:21pm
Quoting NeoRio
You don't seem to understand that MMaker is either Steve Mauro, or one of his team. Why would they share with you the inside details of a system/mentorship that they charge $5,100 for? They were showing you all the other things that are taught in SM's course to whet your appetite, not to go into detail on a public forum and actually teach it.
Kind Regards,
NeoRio
Not to sound confrontational, I'm curious why you wanted everyone who's interested in Steve's method to join your Skype group and then channel them into learning your B.O.B. method? Why do you feel particularly adamant that anyone interested in Steve's method should actually be joining your BreakOutBuster forum? Why target only Steve's fans? I'm assuming they asked to join your Skype group thinking they will learn about Steve's method since you are recruiting and funnelling viewers from this thread (and two previous threads).

Quoting NeoRio
Hey folks, the Skype room is not Angelique's, it's mine. If you are trying to get in, please PM me with your Skype handle.

Thanks,
NeoRio
No longer trading forex. Looking for full time job.
  • #156
  • Jun 19, 2011 7:10pm Jun 19, 2011 7:10pm
Quoting ataata
MM i see that you are more familiar with the MM method than I. Could you be so polite and explain us more about fridays action. Thank you in advance.
ataata,
please continue to share what you learned from the pictures you got, don't let other competitors like Martin Cole or B.O.B. distract you from your good work. They should have their own threads actually rather than funnelling viewers to their Skype and YouTube and Forum.
Quoting ataata
Hello
in one of other thread i was talkin that i will explain what i know about MMM. I will go step by step, i am not one of his student but i had access to pictures made by his students (the page is now closed).
No longer trading forex. Looking for full time job.
  • #157
  • Jun 19, 2011 10:41pm Jun 19, 2011 10:41pm
Quoting mmaker
Not to sound confrontational, I'm curious why you wanted everyone who's interested in Steve's method to join your Skype group and then channel them into learning your B.O.B. method?
Heh, I guess that's what I get for poking my head into a dead thread. I'll have to answer your question with a question: What makes you think I wanted anyone (let alone everyone) to join my Skype room?

Quoting mmaker
Why do you feel particularly adamant that anyone interested in Steve's method should actually be joining your BreakOutBuster forum?
Again, where do you get the idea that I'm adamant about anybody joining my group? (And what forum are you referring to?)

Quoting mmaker
Why target only Steve's fans? I'm assuming they asked to join your Skype group thinking they will learn about Steve's method since you are recruiting and funnelling viewers from this thread (and two previous threads).
You think I'm targeting your fans? I'm not targeting anybody. If people want to join my Skype room to learn how to trade better in real time with other traders, that's their choice.

May I ask you a couple questions?

 

  1. What relation to Steve and his $5,100 course do you have?
  2. Have you joined my Skype room?


Regards,
Neo

Sentiment: Short on cash. Long on hope.
  • #158
  • Edited 11:12pm Jun 19, 2011 10:59pm | Edited 11:12pm
Quoting NeoRio
What makes you think I wanted anyone (let alone everyone) to join my Skype room?

Again, where do you get the idea that I'm adamant about anybody joining my group? (And what forum are you referring to?) answer: http://breakoutbuster.com/forexforum...hp?f=3&t=2&p=8

You think I'm targeting your fans? I'm not targeting anybody. If people want to join my Skype room to learn how to trade better in real time with other traders, that's their choice.
Sorry if I interpreted wrongly, but I saw you posting on at least 3 threads discussing M and W methods, calling viewers to join your skype group. You specifically said you will be discussing market maker method but in actual fact funneling them to your B.O.B. method and forum, http://breakoutbuster.com/forexforum...hp?f=3&t=2&p=8 . If you are not targeting anybody then I'll just leave these pictures for others to decide your agenda.

Your actions can qualify you for Commercial Member.
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No longer trading forex. Looking for full time job.
  • #159
  • Jun 20, 2011 12:54am Jun 20, 2011 12:54am
Quoting mmaker
Sorry if I interpreted wrongly, but I saw you posting on at least 3 threads discussing M and W methods, calling viewers to join your skype group. You specifically said you will be discussing market maker method but in actual fact funneling them to your B.O.B. method and forum, http://breakoutbuster.com/forexforum...hp?f=3&t=2&p=8 . If you are not targeting anybody then I'll just leave these pictures for others to decide your agenda.

Your actions can qualify you for Commercial Member.
There is no BOB forum, please check your link. I should correct you in the fact that I never said I would open a Skype room to discuss Steve's MM method, in fact I much prefer Martin Cole's MM method to Steve's, it's a sounder approach to trading the MM method. I should thank you, actually for being the one responsible for introducing me to Martin Cole, I had never heard of him till the day you posted a link to his youtube channel in Calderone's thread. You removed your post shortly after you posted it, but it was there long enough for me to see it.

You didn't answer my questions though:

 

  1. What relation to Steve and his $5,100 course do you have?
  2. Have you joined my Skype room?

Kind Regards,
NeoRio

Sentiment: Short on cash. Long on hope.
  • #160
  • Jun 20, 2011 6:04am Jun 20, 2011 6:04am
Quoting Sammy76
Ataata, do you mean to count three times price close to the 50EMA with consolidation?

Would you mind clarifying above point, maybe with an image?


Thanks a lot
Sammy
OK at first i would like to say one more time that i am not one of Mauros student and that everything i have been learning I have been learning from HW of his students what means that it is possible that I dont understant everything perfectly.

About levels, there could be less (2) or more (4) levels of consolidation in a day. first and second level (as on picture) average about 75 pips from peak to bottom or from bottom to peak.

When price go on the other side of 50 EMA there could be reseting ( you begin to count the levels from 1 in the same direction) or the turning in trend.
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