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  • #301
  • Jan 26, 2017 2:33pm Jan 26, 2017 2:33pm
Quoting WolGod
TRADERS FAIL BECAUSE THEY USE INDICATORS ABOUT PRICE ACTION. Past price action that means NOTHING. The only traders that make money using this crap are risk management specialists that use fibs (for discount) and do some news sentiment work. But reality is even they have no idea really and wont make much as they are too scared to trade a 5m chart. if you use the following stop. - fibs - stochs - macd - renko - gann - elliot wave - trendlines - any other lagging indicator anout PAST price action

you are joking, or?

so all trader that trade with the chart are also very stupid, because price chart is nothing more then past price action.

so with your theory you can only use macroeconomic features and economic news to trade in longterm, all other like charts you cant use for trading.....?

i have never heard someone dont use a chart, because it shows only past price action. and offcourse indicators are only price action showed in different kind - so nothing different like the chart, only different if you want so buy your calculating method.
  • #302
  • Jan 26, 2017 2:51pm Jan 26, 2017 2:51pm
Quoting WolGod
TRADERS FAIL BECAUSE THEY USE INDICATORS ABOUT PRICE ACTION. Past price action that means NOTHING. The only traders that make money using this crap are risk management specialists that use fibs (for discount) and do some news sentiment work. But reality is even they have no idea really and wont make much as they are too scared to trade a 5m chart. if you use the following stop. - fibs - stochs - macd - renko - gann - elliot wave - trendlines - any other lagging indicator anout PAST price action
would love to hear your approach?
Learn, a forex trader must, unlearn and relearn he will.
  • #303
  • Jan 26, 2017 2:53pm Jan 26, 2017 2:53pm
Quoting WolGod
{quote} Fibs tell you price has pulled back. So what? How does that gve you an edge
What ??

You can make an excellent living with backtested trading systems that use pullbacks and pullbacks only.
THAT gives you an edge.

Quoting WolGod
How about telling me WHY price went up?
WHO CARES?

Trading is NOT about knowing WHY this market or that marked moved that way, but to predict - with a high degree of probability - the next move using fully backtested trading systems that give you a real mathematical advantage (edge), PERIOD!!

Fundamentals are totally worthless, it is total crap, total waste of time and total waste of energy.

At best they can explain (after the fact of course), why the market has moved this way or that way, but they can NEVER tell you when to buy, where to put your stop, and when to take profits.

NEVER.

If you have a mathematical system for winning at the racetrack and the horse your system selected win, do you truly care WHY?
Or do you simply cash your winnings and start working on the next race?

Come on.
  • #304
  • Jan 26, 2017 2:57pm Jan 26, 2017 2:57pm
Quoting dukas_trader
{quote} you are joking, or? so all trader that trade with the chart are also very stupid, because price chart is nothing more then past price action.
I guess WolGod have meant that the indicators are useless because the past can hardly tell what the future will be, in most to almost all of the cases.

I think the traders are looking at the chart's focus-bogus tricks. And the important stays hidden from their eyes, cause this game is not meant to make them rich... This game is made to benefit the game owners, not anyone else. At lest not the bigger group of traders...
Maadik Hugiis. IQ 69.
  • #305
  • Edited Jan 27, 2017 10:44am Jan 26, 2017 3:01pm | Edited Jan 27, 2017 10:44am
Quoting MoneyZilla
{quote} I guess WolGod have meant that the indicators are useless because the past can hardly tell what the future will be, in most to almost all of the cases.
No, he THINKS they are useless because he still have not found a way to profit from price action, that's different.

It's like saying "I searched a lot and could not find a goldmine so goldmines do not exist, and looking for them is useless".
  • #306
  • Jan 26, 2017 3:04pm Jan 26, 2017 3:04pm
Quoting MoneyZilla
{quote} I guess WolGod have meant that the indicators are useless because the past can hardly tell what the future will be, in most to almost all of the cases. I think the traders are looking at the chart's focus-bogus tricks. And the important stays hidden from their eyes, cause this game is not meant to make them rich... This game is made to benefit the game owners, not anyone else. At lest not the bigger group of traders...
true and wrong same time. if you see the price as normal prices moves, then yes. if you see the prices at decisions from traders to buy or sell, then its different. then the chart is showing special kind of pattern, when takeprofits will come, when stoploss will used, when money coming in the market, when trends establish or slow down,.....

this is a chart used for, and indicators same. you bet , that market members will do same things like in the past in a little bit the same situations.
  • #307
  • Jan 26, 2017 3:05pm Jan 26, 2017 3:05pm
Quoting Mr Breakout
{quote} No, he THINKS they are useless because he still have not find a way to profit from price action, that's different.
yes i know, but same thing is for the price chart, so he cant use price chart. so only fundamental news.
  • #308
  • Jan 26, 2017 3:10pm Jan 26, 2017 3:10pm
Quoting Mr Breakout
{quote} What ?? You can make an excellent living with backtested trading systems that use pullbacks and pullbacks only. THAT gives you an edge. {quote} WHO CARES? Trading is NOT about knowing WHY this market or that marked moved that way, but to predict - with a high degree of probability - the next move using fully backtested trading systems that give you a real mathematical advantage (edge), PERIOD!! Fundamentals are totally worthless, it is total crap, total waste of time and total waste of energy. At best they can explain (after the fact of...
You do realise theres news sentiment for the whole week? its not after the fact its sentiment for the session / upto the news.
Thats one example of forward thinking.
I use a chart of course. But my 'indicators' are forward thinking and give real value. Yields, Volume, Delta, Correlated markets etc.
let memask you HOW donyou possibly have good risk management by taking break out trades?
you would have to get behjnd one bar? How donyou know that bar is real demand or supply without being a volume specialist?
Without having all the pieces of real
value you run the risk of buying top edge and seling bottom edge and i bet that happens to you a lot but the ones you get convonce you you will one day be consistent with it. You wont be im afriad. To have great risk management you need risk to be behind volume and top/bottom edge. Thats on top of everything else.
  • #309
  • Jan 26, 2017 3:13pm Jan 26, 2017 3:13pm
Quoting dukas_trader
{quote} yes i know, but same thing is for the price chart, so he cant use price chart. so only fundamental news.
Name just one economics teacher who quit his boring low paying job to become a billionaire trading the Forex, the Futures or the stock market, using his vast knowledge of economics.

Seriously.
  • #310
  • Jan 26, 2017 3:19pm Jan 26, 2017 3:19pm
Quoting WolGod
{quote} You do realise theres news sentiment for the whole week? its not after the fact its sentiment for the session / upto the news. Thats one example of forward thinking. I use a chart of course. But my 'indicators' are forward thinking and give real value. Yields, Volume, Delta, Correlated markets etc. let memask you HOW donyou possibly have good risk management by taking break out trades? you would have to get behjnd one bar? How donyou know that bar is real demand or supply without being a volume specialist? Without having all the pieces of...

you are really sure you know about what you are speaking?

2 examples:
- volume: volume you only get for the past, or try to say me what volume will be in 10 minutes? so dont tell me you dont use past indicators
- Correlated markets : so you look the pricecharts and see how markets did correlate: funny, this is past analysis!!! it can change, nothing possible to say about the future if i follow your theory

it realy looks like you do past analysis very often, but only dont know you do it and call it different. but so your analysis is near useless, because you say its useless. maybe bether you think from the ground again about your strategy and some basics from the market.

interest (yields) is ok, but this is allready told you, you have only fundamental data to trade. you dont need a chart, if you use it, you allways trade against your own rules.
  • #311
  • Jan 26, 2017 3:33pm Jan 26, 2017 3:33pm
Quoting WolGod
{quote} You do realise theres news sentiment for the whole week? its not after the fact its sentiment for the session / upto the news. Thats one example of forward thinking. I use a chart of course. But my 'indicators' are forward thinking and give real value. Yields, Volume, Delta, Correlated markets etc. let memask you HOW donyou possibly have good risk management by taking break out trades? you would have to get behjnd one bar? How donyou know that bar is real demand or supply without being a volume specialist? Without having all the pieces of...

The reason that people talk about technical tools like you is that they probably don't know what the tools say. Knowing what they say is far more important than using them blindly. When you know them utterly you don't even need them. For example could you tell me what an MACD says? I don't even need that indicator and I use my eyes to see the strength of two waves then I use another tool which is TL to analyze and trigger my trade. What a TL tells us. It tells those concepts you've mentioned. It is a resistance or a support or in other word supply or demand that shows the volume cluster or POC in some cases and the probable POC or value areas in other cases where the price hits the trend lines. If you knew the technical tools well you wouldn't talk about them like this, at least about the main ones such as MA, MACD, ATR, TL, Stochastic and a few others. The concepts you mentioned are the real facts that move price and technical tools, including MP indicator plus others that I said, are things we use to measure those concepts in the future. If you know the concepts you talked about well you know that if you use them alone they are not more useful than for example a TL.


Look at these pictures. Don't you think you can make profit from them? Do you think those precise price actions are useless?

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYWeekly.png Size: 41 KB

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM15.png Size: 37 KB


By the way, I don't know who invented this lagging thing argument. You should always modify your measurement tools because market is not static and is always losing its balance and regaining it and making a new balance. Imagine there was an indicator with a fixed period. In that case there wouldn't any market.

  • #312
  • Jan 26, 2017 3:51pm Jan 26, 2017 3:51pm
Price action is price going up and down
macd stochs fibs gann renko all get their information FROM price action
Volume is different. Volume gives you information about where demand and supply is. So in other word the STRENGTH of the price action.
and there are many forms you will want to understand. From
futures open interest, implied volatility all the way to cumulative deltaVolume is everything. Youll never make cosistent money without it yet i never see it on peoples charts.
As for yields

By correlated markets i am talking about real-time.
Say you trade the S&P and the VIX is screaming higher isnt that a better indicator than any oscilitor?

find out what values your market. And always have that data in real time charts too.
As for yields being ok? Um go and place a 10y yield on your chart and see how that helps value the market you are trading. Ffs it is the actual literal
value. If that has dropped and youre at top edge? Wow. Isnt that an edge rather than some
oscilator that gets its information from the very market you are trading.
I can help set you up on sierra charts PM me if interested. I need cash to get started. Will cost you but youll also have the ability to make $10m per year.
Youll be able to compound 100k into $10m in just 3 years then it will be $10-20m per year. Yes per year. No more BS lagging indicators or guessing breakouts. Real insto volume Very few RETAIL TRADERs use or understand it in a way to TRADE INTRADAY with it.
Small window to take advantage because as soon as i get money youll never hear from me again, obviously. This is a once in a lifetime
opportunity. Youll never hear people talk of these things as intraday 5m tradeable ideas.
  • #313
  • Jan 26, 2017 3:58pm Jan 26, 2017 3:58pm
Those chart examples tell
me nothing. So you trade with risk behind a TRENDLINE that YOU drew from connecting dots?
are you serious? You trust that THATS where demand/supply is?
again im sorry but i bet anything you dont make consistent money.
Its simple. Have risk too close without understanding exhaustion absorption from algos (in illiquid times) and youll lose full risk.
Other option is keeping your stop well
away from trendline and the shakeouts (for which without volume you have know idea when theyll stop OR in fact if its demand supply against you) which means then your risk reward is herrendous and only a matter of time before you lose everything.
  • #314
  • Jan 26, 2017 4:00pm Jan 26, 2017 4:00pm
Quoting WolGod
Price action is price going up and down macd stochs fibs gann renko all get their information FROM price action Volume is different. Volume gives you information about where demand and supply is. So in other word the STRENGTH of the price action. and there are many forms you will want to understand. From futures open interest, implied volatility all the way to cumulative deltaVolume is everything. Youll never make cosistent money without it yet i never see it on peoples charts. As for yields By correlated markets i am talking about real-time. Say...

there is one problem , that tolds me you are a liar and fake your results:

you give me only 2 chances: you are one stupid person and i need to help you to get your brain at standard level, or you try to cheat some.

lets talk why: you get 100k in 10 mio in 3 years!, so when you start with 10000 (you will get from work, family whatever (or you really have a big problem) you will have 1 mio after 3 years, and so one. even start with 1000 you will have your 100000 after 3 years. so you are really so stupid to dont see this by calculating?

so i think you are maybe this liar that tries to get money for useless big of shit. or are you really this stupid to dont can calculate that you can start with small money with your 10.000% win for 3 years?

there are no more then this 2 solutions, this faker are here many many times.
  • #315
  • Jan 26, 2017 4:12pm Jan 26, 2017 4:12pm
Quoting WolGod
Youll be able to compound 100k into $10m in just 3 years then it will be $10-20m per year. Yes per year.
Hahahahaha, now I get it.

WolGod, call Buffet or Soros immediately, they will be thrilled to hear your story.
Attached Image
  • #316
  • Jan 26, 2017 4:13pm Jan 26, 2017 4:13pm
Ah no I did not say that
i said I can COMPOUND 100k into $10m in about 2-3 years!!!

at $10m with my intraday (intra session really) strategy it would be at its maximum for the spot market for which I trade. I want to be able to exit a position in 1 minute maximum. Whcih means 40 orders would be likely my maximum. And im not sure about that yet but could be a lot higher. I only hold positions in LIQUID times. I will be in and out each session. This is what i mean by retail taders not even understanding WHEN to trade. Taking a trade between sessions is idiotic. HOLDING positions overnight!?!? Thats idiotic and NOT TRADING .thats investing in my book

im not the stupid one you are NOT understanding what im saying.

You wont believe me and nor should you. So many scammers out there.
Im getting ahead of myself i am in the middle of getting the data for investors im just sick of not having the funds, smashing 99% probability trades and not being able to take advantage.
All good.
  • #317
  • Jan 26, 2017 4:15pm Jan 26, 2017 4:15pm
Quoting Mr Breakout
{quote} Hahahahaha, now I get it. {image}
Whats funny?

sounds unbelievable to you I bet. Thats what real traders (who do the work) make.
  • #318
  • Jan 26, 2017 4:16pm Jan 26, 2017 4:16pm
Quoting Mr Breakout
{quote} Hahahahaha, now I get it. {image}
thats why he was unable to understand what we did say. he is simple a cheater and dont know anything about trading. i was just wondering why he was talking so much bullshit and crazy mistakes, so its logic on the end after his big commercial offers to sell bullshit for big money.

its really like a beginner who talks like a trader with no experience tries to sell informations about something he cant use.
  • #319
  • Jan 26, 2017 4:21pm Jan 26, 2017 4:21pm
Quoting WolGod
Ah no I did not say that i said I can COMPOUND 100k into $10m in about 2-3 years!!! at $10m with my intraday (intra session really) strategy it would be at its maximum for the spot market for which I trade. I want to be able to exit a position in 1 minute maximum. Whcih means 40 orders would be likely my maximum. And im not sure about that yet but could be a lot higher. I only hold positions in LIQUID times. I will be in and out each session. This is what i mean by retail taders not even understanding WHEN to trade. Taking a trade between sessions...

you really are stupid, sorry to say this, but you are.

you talk and talk and talk, i helped you , that with your numbers you even with 1000 starting capital you would be millionar in only 4 years. or much ealier if you invest more money in. so why you need money as starting capital, is your trading not working?

why you still try to be a liar? your return numbers and searching start capital same time can never match together. never ever.

you cant answer this question, and allways talk about your bad trading style. and you are wondering why noone taking you serios.
  • #320
  • Jan 26, 2017 4:25pm Jan 26, 2017 4:25pm
ill come back with data.

I gaurantee you this EVERYONE is wasting their time
if they dont at least understand volume profile or cum delta. But even then not knowing how to see instituional accumulation its useless.

Not one of you will make consistent money. Not one.

You know im right and yet because youve wasted years on oscilitors you defend em. Let them go people.
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