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  • #21
  • May 19, 2017 8:36am May 19, 2017 8:36am
Quoting aus1way
Don't know how many times I have to say this I USE THIS METHOD read post #15 to understand my concerns because once again IF deflected from ALL my points and tried to make out I'm against the method, I'm not, I'm concerned about what these guys are up to. This is starting to smell like a "Jacko" situation all over again, he too built up a reputation and stung a lot of people, just a polite warning. New thread on the way FREE {image} {image} Will monitor exit as it's Friday {image} PS the comment is not directed at you Winston, don't want to start...

Can you explain your chart please ?

Can you explain Ifmyante method in its simplicity, if that's possible? Everyone I have reached out to doesn't have a clue as to what his method is and how he does it. It's all vague and cryptic like you guys have mentioned .

I too have had questions for him in the past and have gotten no clear answers. One of his cronies/ followers replied with a snide comment and I responded back and IFmyante blocked me from posting.

This was years ago, maybe 2010 or 2011. So I have not visited his forum since only occasionally looking at others post and seeing that everyone for the most part is clueless to what he is teaching.

He himself says that he makes it purposely cryptic, so I really don't understand the point of starting a forum to help traders if youre not going to divulge any pertinent information that's needed to succeed in the market.

I listened to his videos , it seems as though he knows what he is talking about , but price movement and the tricks that are played are still unknown to me so I don't know if what he says is the truth or just his interpretations of how the market works.

He says indicators are rubbish, candlestick formations are rubbish and the conventional teachings of how to trade is all rubbish! Which he very well maybe right ,but this whole business of trading seems to be a setup and a scam by the folks with big money to rob the unsuspecting. He says what he teaches is the truth.

I would like someone who has deciphered that truth to share it with me please. I'm not knew to trading but supply and demand doesn't always work for me to gaina consistent profit.

The real issue is knowing which ones will hold and which ones won't and that's the challenge here, he seems to know that or so he claims.


Sorry for the rant but I thought I would share my experience.
  • #22
  • May 19, 2017 12:56pm May 19, 2017 12:56pm
Hi Winston. RTM is a part of our life. Everybody makes business, mate, it's normal position. I use not only RTM but extra 2 strategis. I don't want to tell what's better-not here. Everybody chooses his own rules. Better guys - let's open thread and show charts. Study and study - it's the best scenario!☺
beauty is in simplicity
  • #23
  • May 19, 2017 1:41pm May 19, 2017 1:41pm
Quoting Kovalenko
Hi Winston. RTM is a part of our life. Everybody makes business, mate, it's normal position. I use not only RTM but extra 2 strategis. I don't want to tell what's better-not here. Everybody chooses his own rules. Better guys - let's open thread and show charts. Study and study - it's the best scenario!☺

Alex, I have great respect for you, it's partly because of you I'm annoyed at what IF did. It was people like you that made RTM a great place, I learnt from your journal and IF used everybody to build the site through journals then when the numbers were big enough he slammed the door shut on all that knowledge that wasn't his and demanded a fee. The guy in opinion is manipulative and should be treated with caution. Any way thanks for those clean charts, I miss them.
  • #24
  • May 19, 2017 2:02pm May 19, 2017 2:02pm
Dappa watch the Sam vids above, start with 1st one and listen to what he says about when he worked on the floor and where he could see orders being placed. Stop and pause it now and again while your watching and have a look at your charts and think about what he's saying. Try and watch them all get feel for supply and demand and we will go from there. Take your time and come back when you think it's clicked.
  • #25
  • May 19, 2017 2:20pm May 19, 2017 2:20pm
Done for weekend, have a good one all.

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  • #26
  • May 19, 2017 7:18pm May 19, 2017 7:18pm
Quoting aus1way
Done for weekend, have a good one all. {image}
Nice catch.

Have a super weekend all.

Mine includes, but not limited too, a cigar with a good friend of mine and some Scotch.



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Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #27
  • May 19, 2017 7:40pm May 19, 2017 7:40pm
Quoting aus1way
Dappa watch the Sam vids above, start with 1st one and listen to what he says about when he worked on the floor and where he could see orders being placed. Stop and pause it now and again while your watching and have a look at your charts and think about what he's saying. Try and watch them all get feel for supply and demand and we will go from there. Take your time and come back when you think it's clicked.

Will do!
  • #28
  • May 19, 2017 8:07pm May 19, 2017 8:07pm
Quoting dappa
{quote} Will do!
Then the "Price is Everything" thread.
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #29
  • May 20, 2017 2:37am May 20, 2017 2:37am
Very professionally, banks make own work. Of course, Ausiway - clear chart, it's the best way to analyse any chart.☺
Btw - Ausiway - you caught very professional entry. Key moments - marked good And notice - strong drop - many traders get fear there.☺. NICE TRADE, mate.

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beauty is in simplicity
  • #30
  • Edited 5:51am May 20, 2017 5:09am | Edited 5:51am
This is how I learnt from the very gifted Kovalenko and others. At first look most of you will think "what the fuck is that, there is absolutely no information on there, its not even this month". In this situation I would simply plot a horizontal line and pan out. And find the information. I never asked questions I just repeated this over and over, I needed to work it out myself for it to sink in.

Another great trader who used to post charts with zero info apart from his always profitable entry and exit was KennyZ . It was probably his charts where I started doing it because of the lack of info. You must start to think "why did they enter and exit there?" and then research. Eventually it should start to sink in.

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(Ignore the other markings they were on the chart when I pulled it up)

Pan out

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Then go in

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  • #31
  • May 20, 2017 11:05am May 20, 2017 11:05am
So as the bullying continues over on RTM and someone else gets their legs smacked by the great pretender for daring to have an opinion, I thought Id name this post

The hand that feeds you


So lets show some love and support for the real teachers out there


  1. Rally base drop, drop base rally, flag limits. You can not deny the truth in this guys Videos there is even where to look for fake outs.

The God father of supply and demand Sam Seiden Thank you Sam

https://www.youtube.com/watch?v=MWOsvSMnU0U


2.The engulf.
Its right there in Redsword11 first post, the creator of the now infamous price is everything thread, where kennyz taught some guy on another thread how to trade. Thank you Redsword11

https://www.forexfactory.com/showthread.php?t=230888


3.Last but not least The Quasimodo . Hmm didn't someone try to charge for this little setup claiming it to be their own?

Steve W a master trader if ever there was one, well worth checking out and has an educational site where he teaches "his" setups with a one of payment and he actually trades so that's a bit novel.
Thank you Steve

https://paracurve.com/2014/08/quasimodo-price-pattern-revision.html


https://fxsanalytics.com/

And thank you to all other contributors on FF who don't come here to build a customer base in a dubious fashion and genuinely help, although I don't begrudge those that do it properly and can back it up, and thanks to Forex Factory and it's staff.

And now Freddie is going to lead us out with his classic The Great Pretender ..Take it away Freddie.

https://www.youtube.com/watch?v=mLRjFWDGs1g

It's all good fun

  • #32
  • May 20, 2017 12:31pm May 20, 2017 12:31pm
Quoting aus1way
At first look most of you will think "what the fuck is that, there is absolutely no information on there, its not even this month".

No, no, it's really just that.
He actually just took a random screenshot from his phone.
It is from April, because he just didn't pay for May's phone fee....


Jokes apart, the nice thing is, beside what you nicely and interesting mentioned in your post, that from that only picture he could tell you a full story, looking at candle by candle analysis (that I think was also in his intention of posting that).

Reading Price is experience.
Nothing more and nothing less than driving a car (really well or just approximately).

  • #33
  • May 20, 2017 1:16pm May 20, 2017 1:16pm
My trading these days does not rely on "supply/demand" concepts as Redsword11 once depicted on his thread. I never bought into the RTM method and was involved with J16 for quite some time. I won't lie. I made more trading J16 than I ever did with s/d. In fact the real reason I was booted from RTM was because I posted several charts with winning trades using the J16 method. After about a week or so of doing this IF wiped my thread. When I complained about it I was released. It was said I was released because I "spammed" other's threads. But honestly it is history. I have strong feelings about self proclaimed traders picking the pockets of the ignorant especially in the manner it is done on the commercial section here at FF.

I was once full of vengeance and anger about people like IF, James and others but it eats away at your soul. I believe what goes around comes around and those who have suckered others will answer for it one way or another. So I know this thread is labeled as a "hate thread" but my intention is really not to hate but to warn others of the snakes out there.

I currently pay a monthly fee for thrice weekly structured webinars that focus on price action, reading markets and using median lines to frame these concepts. I have learned more in 6 months than in all my previous years of trading. I have had to unlearn many things that were holding me back. I did not find this in the commercial section but rather a trading buddy that suggested it. I would suggest that those who are still struggling look everywhere else but here at FF to obtain a trading education. It's not here.

Those posting here about IF and RTM....I get it. But honestly your energy is being channeled into a fruitless endeavor. You may say I'm a hypocrite and you would be correct as I have participated in the hate. I will warn but I will not actively try to besmirch any longer. I think it is appropriate to post your particular stories as they serve to warn.

The ultimate is to learn to trade profitably. Then even more ultimate is to teach others to trade profitably. But there is even something greater. Make money trading and then teach others to make money and charge them nothing.
  • #34
  • May 20, 2017 1:54pm May 20, 2017 1:54pm
As I think about all the commercial members charging to "teach" others how to trade this quote comes to mind:

"A GOOD TEACHER IS LIKE A CANDLE, IT CONSUMES ITSELF TO LIGHT THE WAY FOR OTHERS"

I doubt you can find anyone that is like the quote suggests. I would say Redsword was. I would say that most if not all commercial members are consuming their students to light their own pathway to financial prosperity.
  • #35
  • May 20, 2017 6:07pm May 20, 2017 6:07pm
Quoting aus1way
Dappa watch the Sam vids above, start with 1st one and listen to what he says about when he worked on the floor and where he could see orders being placed. Stop and pause it now and again while your watching and have a look at your charts and think about what he's saying. Try and watch them all get feel for supply and demand and we will go from there. Take your time and come back when you think it's clicked.

Well I watched his videos keenly. I mean I hope I'm not missing anything, but from what he said , where supply exceed demand and vice versa , you tend to have unfilled orders. That's pretty much what I gleaned from those videos. The price moved fast away from a zone when there is an imbalance of orders, which is simple to understand.

But the thing I don't get is on the charts where he illustrates this, you can clearly see other zones where the criteria for a good trade exist and yet , you can see price sail right through these levels. What's the explanation for that?

I don't want to say that the levels he shows to illustrate the method are all in hindsight, I don't know but what I would like to know is the reason for it not working, he explained why it works, but when it doesn't what's the reason?





Now he never explained the difference between institutional buy and sell levels and retail traders, how do you know the difference?

Second , stop hunts of these levels, if the institutions are responsible for moving the market at a demand or supply level where one can see a clear imbalance prior, then who's spiking these levels (stop hunting the pending orders at the level) , that I have seen many times, these levels being broken and traders stops being hit and price reversing.

What part and how does stop hunting fit into all of what Sam teaches, thsi is one thing that has confused me, trying to make sense out of all of this, how they work in the market?


I have other questions but I'll wait for someone to point me in the right direction first. The videos were informative and I have watched these videos in the past but my issue is , there seems to be more to it and everything is not all explained, I could be wrong, thats why I am asking. If someone could humbly explain?


Aus1way I listened to what you told me to do , but the first part of the video where he explains that he could see the orders, I didn't really glean anything profound from his statements, he said he placed the buy and sell orders in different stacks , he knew where price would turn ,the orders have to get filled for him to get paid, etc... maybe it went over my head, sorry.
  • #36
  • May 21, 2017 5:28am May 21, 2017 5:28am
dappa - What you need to remember is Sam Seiden is primarily a salesman, he's selling for the OTA. His videos are bait, the OTA are a global hard sell organisation with prices to match. His rhetoric is 'these are the levels the institutions use, but this isn't the whole story, you'll have to pay find out the rest'.

The levels you see in his videos sometimes work, sometimes don't, the same as fibonacci, elliot waves, moving averages, pitchforks etc.... they are no different, many have copied him and now sell supply and demand stuff, but they may as well sell you a moving average system. You'd have just as much chance doing binary options, is price going up or down? To be a trader you need to learn how to be a trader, not by following someone elses so called interpretations of a chart.
  • #37
  • May 21, 2017 5:35am May 21, 2017 5:35am
I read a comment by someone who said "things changed when I stopped reading about trading and started reading about psychology". Tony Robbins says ask better questions, like I said above I never asked questions of traders, I researched what was already given then asked myself why can't I work it out? That's where the deep learning comes in. Trading is a gift to self knowledge not just material wealth, it brings out all our demons and weaknesses. I f your strong enough you'll admit to having them and then start to work on them, whether it's laziness, discipline,fear, greed or ego. Good luck on your journey.


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  • #38
  • May 21, 2017 8:17am May 21, 2017 8:17am
Quoting aus1way
I read a comment by someone who said "things changed when I stopped reading about trading and started reading about psychology". Tony Robbins says ask better questions, like I said above I never asked questions of traders, I researched what was already given then asked myself why can't I work it out? That's where the deep learning comes in. Trading is a gift to self knowledge not just material wealth, it brings out all our demons and weaknesses. I f your strong enough you'll admit to having them and then start to work on them, whether it's laziness,...

Thanks for the chart, What confuses me , is on your chart you have marked two A's the second one thats a little higher , thats demand and you marked where it was engulfed. but next to that level you drew, there was a range period where price left from and it seem as though price came back to the level.

what constitutes an engulf, price breaking a low of a previous demand level and if so by how much. Sorry for the questions? this all seems cryptic to me.

All I seem to get when I ask a question on these forums is vague answers a blank chart, philosophical answers and the like .

I have no problem researching,I enjoy doing that, I have been doing this for a while.

But there is a lot of junk useless info out there. People that teach others to trade and can never answer a question straight forward, like IFmyante.

Everyone knows the journey is not easy for some but IF material is cryptic and the few that know are vague when explaining the info for whatever reason.

Thanks for your help but is there someplace beside RTM where this thought process of how to look at the market is taught? Not with blank charts!

Cause to me it's not a matter of strategy but understanding how the market works and what's being done to take money out of the pockets of traders who are not in the know .

I don't want to ask questions that may sound stupid to some .
  • #39
  • May 21, 2017 11:15am May 21, 2017 11:15am
Quoting zortan
dappa - What you need to remember is Sam Seiden is primarily a salesman, he's selling for the OTA. His videos are bait, the OTA are a global hard sell organisation with prices to match. His rhetoric is 'these are the levels the institutions use, but this isn't the whole story, you'll have to pay find out the rest'. The levels you see in his videos sometimes work, sometimes don't, the same as fibonacci, elliot waves, moving averages, pitchforks etc.... they are no different, many have copied him and now sell supply and demand stuff, but they may...

Very well said. The sooner traders realize this, the sooner they begin the road to profitability.

Unless traders are doing something that is 100% mechanical, basically algorithmic trading, no two trade alike. Our personal psychology gets in the way of that. All any class can do whether it be OTA or RTM, is point a general direction, the detailed map is up to me.
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #40
  • May 22, 2017 6:36am May 22, 2017 6:36am
Cause to me it's not a matter of strategy but understanding how the market works and what's being done to take money out of the pockets of traders who are not in the know . I don't want to ask questions that may sound stupid to some .[/quote]

It's not that everybody is being cryptic it's that you may not get it. Most of the good Technical traders I've researched all say the same thing "I don't care about the news" and they don't care about "pick pockets" they just know how to read a chart, although it's best to print out FF calendar to get a feel for when a move may come. I don't care whether Sam is selling anything, when I watched his vids years ago I learnt from them, I understood where to look and why. People that aren't really interested will look for an excuse and blame something other than themselves. People who want to learn will ask them selves, is their anything else I can do? What can I do to improve? Should I journal the entries and exits of trades to see why they failed or succeeded? Should I plan trades the night before then review the outcome? Should I draw boxes for hours and look for engulfs or boxes that worked and work out why? Can I find a risk reward ratio doing this? Should I look at a high or low and plot simple a horizontal line then keep going left to see why price turned there? These patterns repeat so you have to be mechanical and strict with money management. You want to get to a point where you can draw a plan place the order with a stop and target and get on with your day in other words gain confidence in your patterns, maybe just look for QM's.
You must befriend the chart and not see it as the enemy or this job will be torture.

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