How to predict markets, Catch the moves at value

as usual for the weekend i will leave you with some good stuff , remember bro day trade rock star

Yeah, i draw all CPR Level manually and get paid with 300 pips this week

hehe, theres plenty of indis all are free been posted

no issues bro..15 mins charts no need for hope...not over leveraged. Time is only important to you based upon impact of your position size, now thats alien to you.

note: buying uj only = right no shorts/ protecting my shorts from January 125

have a good weekend over and out 113 and a half done EJ. Buy it again at 113 on Tuesday take profit on Friday

Ah importantly: Once I discovered the Pivot levels and the rolling pivot relationships and the NFP and FMOC rolling relationships. It still take a lot of time to learn but everyone is different, for me.

2 years to get the basic way of trading them effectively (Brake even or even make some money)
3 years to get small profits but stress and bloody hard work.
5 years smooth Highly profitable, easy no stress pre planned business as usual/dead bored /hardly any screen time required place your orders walk away and travel the world get bored doing that / find a job more challenging do both as trading will become very boring and not challenging.

You wont look for trading for excitement..................becomes pretty damm easy. But what ever your path you got to stick at what you do to make it work.

Trading will never be easy if you have tight stops. You need to widen them and compensate the widening by reducing leverage.

YOU GOT TO BE WELL FINANCED

When your wrong then you go with the Flow and cancel the plan

​You have to be a brilliant Scalper before you can truly develop anything else.

You need to be able to trade tight stops before you can develop up to bloody wide stops.

​If you cant make 800 pips on a bad month. Then your gonna be stuck in the High leverage inefficiency trap to make something worthwhile

Any trade you put on there should be no urgency to take a look at how its doing if its against you.

A running loss is not a released loss.

If you want tight stops then your over leveraged and you psychology is fear of a wide running loss

ORDER Flow Copy Paste

There are many traders that are scared of trading with big stop losses. They have tried to optimize their system to death to try to get the best possible entry price, and tweak their system and settings so they can get in with the smallest possible reasonable stop loss level.
Why do they want a small stop loss? Well, if they employ a % risk model, then a smaller stop loss means a bigger position size.
For example if the market moves 500 pips. There can be multiple traders trading that same move differently with varying stop losses and thus position sizes, and reward risk ratios.
Trader 1: Captures 500 pips profit, using a 250 pip stop loss, and thus has a reward risk ratio of 2:1
Trader 2: Captures 500 pips profit, using a 100 pip stop loss, and thus has a reward risk ratio of 5:1
Trader 3: Captures 500 pips profit, using a 50 pip stop loss, and thus has a reward risk ratio of 10:1
If all the traders decided to risk 2% on the trade, then:
Trader 1: Would make 4% return
Trader 2: Would make 10% return
Trader 3: Would make a 20% return

The smaller stop increases your risk of not making anything

So to get best entry i.e: How to predict markets, Catch the moves at value

With the widest stop gives you the best win ratio. and you add best entries as we do as we demonstrated.easy right every level was hit

Learn to Hedge then easy to never hit the 500 Zone and extremely difficult for the market to take something back.

How I live I wake up at 6 in the morning, make coffee, put my market orders in based on the plan and what I see. That take no more then 10 minutes.

Take a shower get dressed go to work. Finish work go eat.

Next morning. Make Coffee, See how we stand with yesterdays/if there still running or closed/ if running adjust if closed add more orders,

Take a shower and get dressed go to work. Now full time trading after you have done the hard screen time as you were developing will result in just that. A lot of top traders do seminars and stuff coz trading becomes a non event. not much human participation required once you set your limit orders for the day.

A simple hedging EA will hedge your bad stuff for you and thats not rocket science! and you can feed manual adgustments when ever you feel its required. We dont pay overnight commissions any more and we virtually zero on spreads.

So I live of my trading account and save everything else I earn. You can only drink so many Starbucks in one day until your bored out of your mind. How many times can you buy a new watch.

I quote from first page in this thread:

I left Iraq in 2006 and went back to trading again full time. And here I am now in 2016 living entirely of trading.

The above is a summary of my back ground and off course not all inclusive and because no need.


Trading full time yes. I need anything from 10 minutes to 1 hour a day to justify myself trading full time. Experienced traders know once your order is in the market your order is trading. I am not in the market my order is.

Financially living of trading yes off course. Working yes save that salary 100% less some small bits. My work, yes love my work more then trading, I am expert in that to. Companies yes I own some to and is that not prudent to.

Investments as above off course.

Can you have a traders attitude. See how it is.

dont have any illusions no short cuts

Ah importantly: Once I discovered the Pivot levels and the rolling pivot relationships and the NFP and FMOC rolling relationships. It still take a lot of time to learn but everyone is different, for me.

2 years to get the basic way of trading them effectively (Brake even or even make some money)
3 years to get small profits but stress and bloody hard work.
5 years smooth Highly profitable, easy no stress pre planned business as usual/dead bored /hardly any screen time required place your orders walk away and travel the world get bored doing that / find a job more challenging do both as trading will become very boring and not challenging.

You wont look for trading for excitement..................becomes pretty damm easy. But what ever your path you got to stick at what you do to make it work.

Trading will never be easy if you have tight stops. You need to widen them and compensate the widening by reducing leverage.

Trading full time from home - After 6 months you will struggle to get out of Bed, you will be so bored you will start fiddling with your trades

if you survived the prior pounding i may just make a trader out of you

now we moving on to lesson 2
how to manage trades

NOW YOU HAVE NO DOUBT I AM TALKING FROM EXPERIENCE

lesson 2
how to manage trades



Ask yourself how many trades did you put on this week and how many pairs did you trade

If your trading one pair then you should be either 5 trades or less

​Why is that, Value can really only be achieved either once a year, once a month or once a day.

If your answer is 6 Trades then I assume that you got daily at value once a day and you got 1 additional trade at a monthly or yearly value area

If its more then that then your doing something wrong. And that normally means that your not pre planning so your manually entering trades.

Manual trade entries are redundant if you plan.

You cant physically sit watching charts for hours to get your manual entry at value. If your doing that its gonna be the saddest life i.e. 6 hours at the screen and you miss the price you wanted when you take a piss..or grab a sandwich

So if you know your plan as you know how to anticipate then you will set your market order (Limit order) and walk away. It may get filled it may not.

If we say lets say on EJ the average ADR is 110 then we need to be that range for a 80 pip target and within 30 pips for its anticipated daily value area for entry

So the closer to those 2 levels we are the least chance we have to get filled as we are on the limit of both ends for a day trade.

So we need to at least be a bit more messy then being precise coz precise wont get you filled that often on both sides entry and TP.

Example over last few days was me (Remember market order buy UJ at 100 not filled) mist by I think 20 pips.

So then now you cant have tight stops/ Because you must add variance.

Now if you know where the market is going, then why would you need tight stops anyway. EA does the hedge.

At the minimum your stops has to be outside ADR

The Entry levels that is the most easiest thing for a day trader and the formula is so simple. The daily TP thats so simple to. Its already been answered and demonstrated. from the live trading posts and the plans

​But even the formula wont work if you fiddle with you trades for entertainment or fear. And wont work to if you dont understand risk management.

And none will work moderately efficiently if you do not understand the market cycle and fundamentals.

You have to know at least if your buying all month or selling/not both unless your wrong and start hedging

So why not sell on Monday? Prior week was down. We do not need any bling to tell us down is down or up is up. So how to anticipate up. We covered that Initial balance and initial range.

We have to determine for most of the year are we a bull or a bear. Or news reports would sound like. The bulls changed there minds and became bears.

To be continued...............................