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Counter-trend trading

  • #341
  • Oct 17, 2014 2:50pm Oct 17, 2014 2:50pm
did it clear 106.20 ?

Quoting Ullen
USD/JPY (106.227) This level WILL be cleared. I am not saying that it probably will, i am saying that it will. (and soon) Find your entry and make pips. Ullen {image}
My Best Trade is Next Trade!
  • #342
  • Oct 17, 2014 2:52pm Oct 17, 2014 2:52pm
you have said "it WILL"
it sure will
with in 10 years time
tomorrow or 2024



Quoting MAM.Trader
did it cleared 106.20 ? {quote}
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM1.png Size: 50 KB
My Best Trade is Next Trade!
  • #343
  • Oct 17, 2014 3:04pm Oct 17, 2014 3:04pm
Quoting Madmoney
Today trades in session week performance (so far): 521% UPDATE: weekly performance update 733.8% FINAL UPDATE: weekly performance update 874.3% - More trades to close next week {image} {image} {image} {image} {image}
that is fantastic. what is the all time performance?
As Above, So Below
  • #344
  • Oct 17, 2014 4:10pm Oct 17, 2014 4:10pm
Hello friends...

I have been read all of posts from page 1 and try to understand the concept of this knowledge. To be honest i'm still confuse.
I'll watch this thread.
IF 27
  • #345
  • Oct 17, 2014 5:19pm Oct 17, 2014 5:19pm
Nice thread Ullen.... Subscribed....

Read ur whole thread .... But ur strategy still seems puzzle... Its better if u clearly describe ur entry - exit rule with screen shot....
  • #346
  • Oct 17, 2014 5:35pm Oct 17, 2014 5:35pm
Quoting ridu07
Nice thread Ullen.... Subscribed.... Read ur whole thread .... But ur strategy still seems puzzle... Its better if u clearly describe ur entry - exit rule with screen shot....

well bad luck you have to goe through all his posts and try to figure out
  • #347
  • Oct 17, 2014 6:42pm Oct 17, 2014 6:42pm
Quoting ridu07
Nice thread Ullen.... Subscribed.... Read ur whole thread .... But ur strategy still seems puzzle... Its better if u clearly describe ur entry - exit rule with screen shot....
Find it on first post....

*I will not be sharing any system, indicators or templates. Only the philosophy*

wht ppl will do with ur philosophy man??? If u like to help other's then just share ur system rather than philosophy......

Unsubscribed......
  • #348
  • Oct 17, 2014 7:01pm Oct 17, 2014 7:01pm
MAD MONEY it's this the formula to find the value? you said that you will help us with things we dont understand
Attached File(s)
File Type: pdf intrinsic value.pdf   399 KB | 1,369 downloads
  • #349
  • Oct 17, 2014 7:22pm Oct 17, 2014 7:22pm
Hi Ullen, great thread, thank you.

I am curious, do you watch several different timeframes at once to do your analysis, or do you only watch one timeframe at a time?
  • #350
  • Oct 17, 2014 7:38pm Oct 17, 2014 7:38pm
Quoting vladutz112
MAD MONEY it's this the formula to find the value? you said that you will help us with things we dont understand{image}


See now your doing research, like I did.

Intrinsic value is exactly it, but some people still think what they see on the chart is truth.

Now experiment with the math and see what you find.

BTW, great read!

MM
  • #351
  • Oct 17, 2014 7:43pm Oct 17, 2014 7:43pm
Fair Value and Market Value is a tricky business to understand especially if you are strictly a Technical
Trader, but as a student of this game, you owe it to yourself to improve and empower yourself every single day...

If Fundamental Analysis is your worst enemy, clearly you are not 100% ready to take advantage of this market...
And you become so vulnerable by showing your cards to the Big Players.....

The idea of "YOU HAVE TO BE IN THIS TRADE" is really non-sense because the Big Players are expecting that from
you, and eat you Alive the moment you place your STOP-LOSS into a WIDE OPEN SPACE (See Pics Below)

Perfect Trade Setup:
Attached Image (click to enlarge)
Click to Enlarge Name: PerfectTrade Setup-GBPUSD-H1.png Size: 128 KB


Identify Wide Open Space(WOS) within the Setup:
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-H1_WOS.png Size: 55 KB


Note: Don't let people fool you about Price is FAKE or not REAL PRICE...Just think of "Price" as the amount at
which the asset could be bought or sold in a current transaction between willing parties.....

I might not be considered a successful trader yet, but take this advice for what it's worth....
"YOU have to move out of the conditioned mind back again into your original being; then everything becomes clear,
not clear as objects, but as subject...."

In the context of Forex Trading, you HAVE to Identify the Overall Market Direction, then Learn how to master your
Stop-Loss Area, and Entry point is a piece of Cake....
Attached Image (click to enlarge)
Click to Enlarge Name: Market Direction.png Size: 272 KB
Have an INVESTOR Mindset, but Trade like an ENTREPRENEUR
  • #352
  • Oct 17, 2014 8:23pm Oct 17, 2014 8:23pm
Quoting Madmoney
{quote} See now your doing research, like I did. Intrinsic value is exactly it, but some people still think what they see on the chart is truth. Now experiment with the math and see what you find. BTW, great read! MM

that is a great news because i have been searching a lot not just this but this would look more like what we are looking for but unfortunately i think this ends here because my math is as low as possible but thanks for confirmation
  • #353
  • Oct 17, 2014 10:06pm Oct 17, 2014 10:06pm
Quoting MAM.Trader
you have said "it WILL" it sure will with in 10 years time tomorrow or 2024
That's exactly my problem now, how big can the deviation get?

Ullen, MadMoney: can you give me a hint how you handle that? It doesn't seem to be simple stats because neither of you sets any stops...
  • #354
  • Oct 17, 2014 11:21pm Oct 17, 2014 11:21pm
it is obvious where Ullen was expecting the touch much sooner then now.

most of you will call me ignorant. call what ever you want. I dont give a heck
there are some students/traders from eurusdd thread are spilled around & posting some secret/magical systems results with >%90 win rate.
I have red all 518 pages of eurusdd smilarity thread & also yesterday added some posts there what is the real thing they are actually trading rather then what eurusdd published. I am not against any trading idea. I am also testing any kind of weird systems/ideas which is the main reason why I am here at FF...!
but the system should be named correct. you cant call "long period diverenge trading" as "smilarity" or "broker data feed errors" as "arbitrage opportunities".
this is called missleading.
I am tradding full time for 8 years and the amout of data you learned is the amount of data I forgat in this busines. means I have seen many systems like this or that.
when those guys have 3 consecutive losses then we can discuss again.

you most probably wont understand what I mean & as said will call ma ignorant until the things I said happened

GL

Quoting Broke
{quote} That's exactly my problem now, how big can the deviation get? Ullen, MadMoney: can you give me a hint how you handle that? It doesn't seem to be simple stats because neither of you sets any stops...
My Best Trade is Next Trade!
  • #355
  • Edited 12:41am Oct 18, 2014 12:02am | Edited 12:41am
Quoting MAM.Trader
it is obvious where Ullen was expecting the touch much sooner then now. most of you will call me ignorant. call what ever you want. I dont give a heck there are some students/traders from eurusdd thread are spilled around & posting some secret/magical systems results with >%90 win rate. I have red all 518 pages of eurusdd smilarity thread & also yesterday added some posts there what is the real thing they are actually trading rather then what eurusdd published. I am not against any trading idea. I am also testing any kind of weird systems/ideas...
Who are you referring to?

Quoting Broke
{quote} That's exactly my problem now, how big can the deviation get? Ullen, MadMoney: can you give me a hint how you handle that? It doesn't seem to be simple stats because neither of you sets any stops...

My analysis is not the same as Ullen's
  • #356
  • Oct 18, 2014 3:22am Oct 18, 2014 3:22am
Quoting ridu07
{quote} Find it on first post.... *I will not be sharing any system, indicators or templates. Only the philosophy* wht ppl will do with ur philosophy man??? If u like to help other's then just share ur system rather than philosophy...... Unsubscribed......
This is excatly why i am not giving away my indicator(s).

The reason why i made this thread was to open your eyes to a new idea of trading, and for you to build your own system around it. There are hundreds of ways this can be used for trading, and you just need to find your own. This is exactly what i did, when i found the inspiration from other guys
Not about how much you win, but how much you loose
  • #357
  • Oct 18, 2014 3:49am Oct 18, 2014 3:49am
Quoting 24HourTrader
Hi Ullen, great thread, thank you. I am curious, do you watch several different timeframes at once to do your analysis, or do you only watch one timeframe at a time?
At the moment i'm only trading the M1 timeframe.

But i could trade every other timeframe with succes.
Not about how much you win, but how much you loose
  • #358
  • Oct 18, 2014 3:52am Oct 18, 2014 3:52am
Time frame is important for your analysis @Ullen ?
  • #359
  • Oct 18, 2014 4:30am Oct 18, 2014 4:30am
Quoting msdogan
Time frame is important for your analysis @Ullen ?
No. Not important, but i like to get in and out of trades as quick as possible.

The M1 gives me that opportunity
Not about how much you win, but how much you loose
  • #360
  • Oct 18, 2014 6:30am Oct 18, 2014 6:30am
Quoting Madmoney
Today trades in session week performance (so far): 521% UPDATE: weekly performance update 733.8% FINAL UPDATE: weekly performance update 874.3% - More trades to close next week {image} {image} {image} {image} {image}

For the picture to be complete you'd need to show your current floating loss, too
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