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  • Post #1,321
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  • Aug 23, 2014 9:40pm Aug 23, 2014 9:40pm
  •  Fxyogi
  • Joined Oct 2013 | Status: Member | 489 Posts
Guys,

I'm taking a break from forums for the time being. It could be few months of break and be back later if there is something i can give.I was always happy to contribute to this thread. It is wonderful sharing place. Special thanks to IF for enlightening me on unfilled gaps.I will always bow my head in front of him .

Charvo and Gristar,and all others

Keep up your good works guys.I know there are several questions but after getting the basic answers,you need to direct the the question inwardly and find the answers to it. Unless you don't experience anything by yourself , doubt every words what others say. It could be IF or Fxyogi or any silver gold gold star traders. But this doubt is not suspecting the people. The doubt is about the concept. Even the concept is from someone , you can always add your flavors to it. That's the beauty of the trading. This is how uniqueness forms.It sets new path. Moreover, prepare the mind for trading.No show offs. No trolling or unnecessary chatting,humbleness, respecting fellow trader. All qualities create a platform for traders.Remember even somebody teach you, you need to walk on this path alone with all darkness of it. There are no shoulders for you to cry.


I will quote what what J Krishnamurti said

"You have to be a light to yourself".

Never stop learning. Learning gives joy.But don't spend too much time on forums. Time to time withdraw yourself and concentrate on charts and focus how price is moving. Remember traders and their concepts always evolve. So when they say something now it may become obsolete for them in future. So you don't cling onto the words, rather take it to your experience level and taste it by yourself. You will see destination is closer than you thought.

Thanks IF and everyone.Hope you guys enjoy the adventure of trading.

See you later guys.
 
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  • Post #1,322
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  • Aug 23, 2014 11:22pm Aug 23, 2014 11:22pm
  •  charvo
  • Joined Dec 2006 | Status: Backtest is meaningless (to me) | 2,175 Posts
Million Thanks, Yogi Bro!

I sincerely appreciate the help extended from you as immense as from IF. You are a true trader and a kind friend to me. After painfully reading your posts/charts in the past two weeks, I did get a leap in my understanding and trading.

next time, when you are back, we'll be very different, i believe. Remember to check on us, soon or later

Quoting Fxyogi
Disliked
Charvo and Gristar,and all others Keep up your good works guys.I know there are several questions but after getting the basic answers,you need to direct the the question inwardly and find the answers to it.
Ignored
 
 
  • Post #1,323
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  • Aug 24, 2014 7:04am Aug 24, 2014 7:04am
  •  srt
  • Joined Dec 2012 | Status: On Life's Path | 2,076 Posts
Quoting Fxyogi
Disliked
Guys, I'm taking a break from forums for the time being. It could be few months of break and be back later if there is something i can give.I was always happy to contribute to this thread. It is wonderful sharing place. Special thanks to IF for enlightening me on unfilled gaps.I will always bow my head in front of him . Charvo and Gristar,and all others Keep up your good works guys.I know there are several questions but after getting the basic answers,you need to direct the the question inwardly and find the answers to it. Unless you don't...
Ignored
1
 
  • Post #1,324
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  • Aug 24, 2014 1:08pm Aug 24, 2014 1:08pm
  •  forexbert
  • | Commercial Member | Joined Jun 2013 | 54 Posts
Hey, I am new here. I usually trade the daily and the 4hourly charts. What about you guys? I looked through the forum and I even see 1 min charts??
Personally I feel that I can get very decent risk rewards on these time frames. So far so good.

Nice meeting you guys btw.
1
 
  • Post #1,325
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  • Aug 24, 2014 1:40pm Aug 24, 2014 1:40pm
  •  Das Ist Gut
  • | Membership Revoked | Joined Feb 2014 | 130 Posts
Quoting forexbert
Disliked
Hey, I am new here. I usually trade the daily and the 4hourly charts. What about you guys? I looked through the forum and I even see 1 min charts?? Personally I feel that I can get very decent risk rewards on these time frames. So far so good. Nice meeting you guys btw.
Ignored
Hey there. Timeframes do not really matter. I mean, sure, the higher timeframe, the more pips are covered by the same spoce of moves, but that's all.

Most traders here do a top-down analysis, starting from W/MN to D and H4. M15-M1 are used to read PA for entry points.

You can do a fun experiment, try to get your hand of a platform where you can create custom timeframes, like M11,5 or H2,78 or D1,89 and so on.

You will find out that all they do is just zooming in/out the same set of data.
MQL5 Market products 10 times cheaper? Yes, we can help. Send us a PM
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  • Post #1,326
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  • Aug 25, 2014 8:08am Aug 25, 2014 8:08am
  •  gilben
  • | Commercial Member | Joined Sep 2011 | 79 Posts
Quoting forexbert
Disliked
Hey, I am new here. I usually trade the daily and the 4hourly charts. What about you guys? I looked through the forum and I even see 1 min charts?? Personally I feel that I can get very decent risk rewards on these time frames. So far so good. Nice meeting you guys btw.
Ignored
Dus ist gut (love this screen name) is very right.
Price has no timeframe. Price has a very logical places where to turn and bounce. Timeframe is only an artificial wrap to document price.
 
 
  • Post #1,327
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  • Aug 25, 2014 9:55am Aug 25, 2014 9:55am
  •  kumaramy
  • Joined May 2011 | Status: Member | 1,362 Posts
Quoting gilben
Disliked
{quote} Dus ist gut (love this screen name) is very right. Price has no timeframe. Price has a very logical places where to turn and bounce. Timeframe is only an artificial wrap to document price.
Ignored
Very True Gil.
-Amit
 
 
  • Post #1,328
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  • Aug 25, 2014 12:17pm Aug 25, 2014 12:17pm
  •  Das Ist Gut
  • | Membership Revoked | Joined Feb 2014 | 130 Posts
Quoting gilben
Disliked
{quote} Dus ist gut (love this screen name) is very right. Price has no timeframe. Price has a very logical places where to turn and bounce. Timeframe is only an artificial wrap to document price.
Ignored
And im not even German, which makes it even more fun!

I prefer to think of TFs as a microscope, nothing really changes with the object we looking at thru it, but we can always choose between macro and micro views.
MQL5 Market products 10 times cheaper? Yes, we can help. Send us a PM
 
 
  • Post #1,329
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  • Aug 26, 2014 1:54pm Aug 26, 2014 1:54pm
  •  Jabloko
  • | Joined Feb 2012 | Status: Member | 68 Posts
Quoting Das Ist Gut
Disliked
{quote} Hey there. Timeframes do not really matter. I mean, sure, the higher timeframe, the more pips are covered by the same spoce of moves, but that's all. Most traders here do a top-down analysis, starting from W/MN to D and H4. M15-M1 are used to read PA for entry points. You can do a fun experiment, try to get your hand of a platform where you can create custom timeframes, like M11,5 or H2,78 or D1,89 and so on. You will find out that all they do is just zooming in/out the same set of data.
Ignored
You are right actually, but how to look for setups if the time frame doesn't matter, what to hang the eye on ?
estote parati
 
 
  • Post #1,330
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  • Aug 27, 2014 1:25am Aug 27, 2014 1:25am
  •  shoofra
  • | Additional Username | Joined Apr 2014 | 16 Posts
Quoting Jabloko
Disliked
{quote} You are right actually, but how to look for setups if the time frame doesn't matter, what to hang the eye on ?
Ignored
I can say it is a two step process.
1st, you should be familiar with price action, SD and SR levels.
Then you apply your knowledge with Multi-Timeframe (MTF) view. (it is easier then it sounds)

With MTF you have the full read of important levels and market dynamics.
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  • Post #1,331
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  • Aug 27, 2014 2:59am Aug 27, 2014 2:59am
  •  gristar
  • | Joined Jul 2011 | Status: Invest in yourself before forex | 298 Posts
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  • Post #1,332
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  • Aug 27, 2014 9:42am Aug 27, 2014 9:42am
  •  blackhawkfx
  • | Joined Dec 2011 | Status: Member | 33 Posts
Quoting gristar
Disliked
{image}
Ignored
nice one Gristar.
If I draw based on M30, I didn't see any PA why you go long. I'm not really good at FTR on M5. I've been a RTM member for 6 months just by studying those material and doing some extensive homework. So, I wonder am I drew correctly?

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  • Post #1,333
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  • Aug 27, 2014 10:16am Aug 27, 2014 10:16am
  •  gristar
  • | Joined Jul 2011 | Status: Invest in yourself before forex | 298 Posts
Quoting blackhawkfx
Disliked
{quote} nice one Gristar. If I draw based on M30, I didn't see any PA why you go long. I'm not really good at FTR on M5. I've been a RTM member for 6 months just by studying those material and doing some extensive homework. So, I wonder am I drew correctly? {image}
Ignored
Not really a nice one.SL got hit. Still learning this method. I post it win or lose so we can have something to discuss. I think I marked it wrongly. Suppose to be this.. no engulf. IF did I marked it correctly this time?
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  • Post #1,334
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  • Aug 27, 2014 10:24am Aug 27, 2014 10:24am
  •  Ifmyante
  • | Commercial Member | Joined Nov 2010 | 3,062 Posts
From what you've shown me, that looks good Gristar
 
 
  • Post #1,335
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  • Aug 27, 2014 10:26am Aug 27, 2014 10:26am
  •  Ifmyante
  • | Commercial Member | Joined Nov 2010 | 3,062 Posts
FXYogi

You did absolutely astral work helping out all the students here.

You showed the very spirit RTM was built upon, learning and teaching a wealth along the way.

On behalf of all seniors and students, I'd like to take this opportunity to thank you profusely for all you've done.

Looking forward to seeing you again

IF
 
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  • Post #1,336
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  • Aug 27, 2014 10:28am Aug 27, 2014 10:28am
  •  gristar
  • | Joined Jul 2011 | Status: Invest in yourself before forex | 298 Posts
What you all think about this one?
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  • Post #1,337
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  • Aug 27, 2014 10:44am Aug 27, 2014 10:44am
  •  blackhawkfx
  • | Joined Dec 2011 | Status: Member | 33 Posts
I have a different view, but wonder it's correct or not.

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  • Post #1,338
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  • Aug 27, 2014 11:18am Aug 27, 2014 11:18am
  •  gristar
  • | Joined Jul 2011 | Status: Invest in yourself before forex | 298 Posts
Quoting blackhawkfx
Disliked
I have a different view, but wonder it's correct or not. {image}
Ignored
Yeap.. looks like you are right!
 
 
  • Post #1,339
  • Quote
  • Aug 27, 2014 11:55am Aug 27, 2014 11:55am
  •  charvo
  • Joined Dec 2006 | Status: Backtest is meaningless (to me) | 2,175 Posts
seemingly, price engulfed into a new PAZ below, now retrace to a very good level for short entry. the price should go down again to the target shown by the blue box's lower edge.


Quoting gristar
Disliked
What you all think about this one? {image}
Ignored
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  • Post #1,340
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  • Aug 27, 2014 12:44pm Aug 27, 2014 12:44pm
  •  hansma
  • Joined Nov 2009 | Status: Only trade at the extreme | 939 Posts
Quoting charvo
Disliked
seemingly, price engulfed into a new PAZ below, now retrace to a very good level for short entry. the price should go down again to the target shown by the blue box's lower edge. {quote} {image}
Ignored
I agree and sold it at the cheapest price possible - letīs see how it goes.

H.
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"The future is already written in the past"
 
 
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