Trading 1-2-3 reversal and breakouts without PVRSA

Dont digg your self any deeper , before your cookie jar public . THESE CAMPAINGN IS OVER ! TRADE BEST , TRADE WELL .

FX is for good feeling from making money, not for bad feeling from loosing money. With bad feeling about FX you can loose just more money.

Hi K40, what do you mean by this post? I'm just curious.

1-2-3 trading is a good way to make money. Where most people mess up, is that they take the point 2 breakout. That is too early. Wait for the pull back to challenge point 3. When that fails, take the trade.

Look at 1 post up ....OOOOO its delated , I was trying to said , The campaingn of who is wright and whois wrong has come to stop !. the true will revealt by it self . I think you dont see the other post by our fella member .

Dont take me wrong, deleted post because dont know what is behind all of this and dont want to be involved in to brawl with anyone.

Very wise move BOSS at least you use you priority first . not like the oldiest say when in the dark follow the crowds . hehehe

You can hard press , these all is sorta campaingn , but still very healty one . hehehe

Im with you max. Can we change this thread to the SSS = SONIC SUX SYSTEM. Delusional averaging down and no response to their shit analysis.

http://www.forexfactory.com/showthre...91#post7395291

Anyway I do think VSA has some value, not some re-branded watered down garbage psrva, psa or whatever the fuk he wants to take credit for.

I think the biggest problem is that it deludes noobs into thinking its a good system and that its a good way to trade.

I love how that idiot tah always says we dont know where price will go next, but their whole bullshit is based on guessing that very thing, then averaging down until they are partially right. I bet some of those dumb asses are still short UJ at like 80.

Anyway good luck.

http://www.forexfactory.com/showthread.php?t=347075

heh good one mingary.

I personally was involved in stat arb.

Whilst in stat arb there is no stop loss if you believe in your pairs (ie nothing fundamental has changed). Still in the hands of a newbie, your daily P&L will get whip-saw due to "too early/too late" entry prices and the 1 million dollar question of when to exit.

As a trader, first and foremost, it is always better to win than to lose. Secondly, as you have gain/made the expected results you have been given, then you are more "mentally" free to take more risk and let your profits ride even more.

To me, There is never a system that will make you money all the time. But one needs to know fundamentally why the system will work and when it will not work. All the back-testing done at funds/banks by their analyst/researchers are just to give their traders more "confidence". Ask a researcher to trade what he/she has done, most probably in 6 months time you'll see the P&L in red.

Ask a trader to take it, fine tune it according to his risk appetite, most probably it will be making some money and growing steadily if the fundamental reasons are correct.

Most systems, get over-crowded once it is known to the realm. It is very easy which is why some funds are very secretive of what they do. Even at the fund I was at, we were fudging our trade numbers all the time so that the tards at the other end (dealer/broker doesnt get to reverse engineer it)

this is one of the reason the classical stat-arb requires so much leverage to give the required returns. Over-crowdedness.

So there is always the life and death of a system. If for me, i stopped posting here, it would mean 1 of 2 things.

1) I found a way to systematically earn something
2) I have found interest in another asset class meaning i failed in finding some strong evidence for trading forex systematically.

Why cheif ??? you can trade these with out everaging why drop it now , must be some things that you see others dont . Hey , the more the merrier !

look like aus going to make a v shape , break these r go here -161 and go there 0 .

and then will retrace a bit going there 50 and then move a gain there 100 , look like a pullback and consolidate .

ahh look like a numchuck delusional indicator

indicator

Looks like a good system.

1-2-3 and Sonic Haters Club?`

Well, I´m acctually glad it´s discussed, I have been following Sonic thread for years.
Classic is nice but when the MM paranoia kicked in, it just went mental.

Ofc banks are major players on this 5+ trillion USD market, but often they don´t trade as in a meaning of trading (looking for a profit) at all.
According to BIS data 40% of "trading" is just transactions out of other commercial interest than trading.
Some huge company in need of an other currency. Like Wal-Mart buying 3 million t-shirts from some Asian factory or DHL buying tires for 30 000 trucks at once or what ever. Thats why average FX "trade" is lasting less than 30 seconds.

Retailers (including small hedge funds and private businesses, that look to profit prom market) are told to be only 4-7% out of that 5 trillion pool. It´s delusional to think that "banksters" are after your cent account and move trillions to make your 128 USD to MC. Geezh!
Maybe Wal-Mart buys its plastic pumpkins too to torture you?

You shouldn't misdirect people concerning the work of Richard Wyckoff. Nothing that hack does is related to Wyckoff in any sense.

His ideas about market makers pushing prices up and down comes directly from Mr. Wycoff.

http://www.businessinsider.com/the-r...is-important-1

That might work with stocks and futures, but tah is just downright misleading. There are no contracts in forex. If he were trading futures, I would have no issues, but he is trading spot.

If you read Wyckoff's actual literature as opposed to quotes from a magazine, he discusses the campaigns of stock operators. They are not doing so in order to "trick" people specifically, but they test the market to determine their ability to make it rise or fall through their operations and will then accumulate or distribute a line of stock if the market is ready for an unimpeded move.

As for futures, there is an unlimited supply. As long as a buyer and a seller can agree to a price, there can and will be a transaction made. So again, there is no "float", other than the number of willing traders. I'm not sure what you meant concerning this comment - regardless of what instrument anyone is trading, his understanding of how the market works is incorrect and in no way related to the teachings of Wyckoff.

[EDIT: jmn -> I don't mean to sound controversial and I apologize if so. I have just believe the valuable teachings of a market wizard should be in no way ever be associated, construed, insinuated, etc. to be related to the teachings of that hack - ].

I get you on the float, and the magazine is the best I could do considering that posting copyrighted material is a no-no.

Trade well.

indicatorcompleated

Hey Piggg you are funny lil man , go back to your master tell him and him K40 sent regards , dont make me go over there because of you , OK ! Bitch and moans

1-2-3 and Sonic Haters Club?`