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  • #1,421
  • May 20, 2022 3:50am May 20, 2022 3:50am
p.p.s
Quoting moodybot
{quote} Market orders do not explain pip accurate reversals and targets operating on a fractal basis on all time frames,.
BTW or you lie about 10+ years of trading or... There are no such a things like pips and timeframes. There are traded volume and time only. How you still can't understand, it is just impossible.
Observer effect
  • #1,422
  • May 20, 2022 4:09am May 20, 2022 4:09am
Quoting ryuryu
{quote} Sure, sure, sure. But magic explains it. Anyway, where is your entry? Show one real trade and explain why you picked that entry? Looks like your "rules" changing depending what you want us to see. You check chart back and only then apply "some" of your 100+ rules to fit the curve. Here is my entries: {image} Crystal clear. Hard rules. No static values. No predictons. No "let me pick 4 rule from my 100 rule storage". Show me yours! p.s. but please avoid talking about "I just feel the market", million hours of screen time, 10 years of "trading"...
Show me yours. Are you kidding. Do you actually look. Have you looked. Or are you so arrogant everyone else is below you and your opinion is the daddy. You have no clue, zero. Why don’t you crawl back to your inactive thread and post up some before during and after charts and make the TP greater than 2 pips.
Once you have done that come back in here and perhaps Pete could explain why he can get the same entries as you with no volume, whether he would I doubt and why should he. He owes you nothing!
  • #1,423
  • May 20, 2022 4:10am May 20, 2022 4:10am
Quoting ryuryu
p.p.s {quote} BTW or you lie about 10+ years of trading or... There are no such a things like pips and timeframes. There are traded volume and time only. How you still can't understand, it is just impossible.
Excuse me, lie? Say that again very slowly.
  • #1,424
  • May 20, 2022 4:20am May 20, 2022 4:20am
Quoting moodybot
{quote}
Excuse me, lie? Say that again very slowly.

Quoting ryuryu
p.p.s {quote}
BTW or you lie about 10+ years of trading

Let me see, Andy joined FF in 2010 and has been trading for 12 years lol.

Easy to see from Andy's profile.

Ryu profile shows he joined FF in 2020 and he calls folk liars. Hmmmm.

Lol, ryu please go back to your crowdfundme begging and just chill you are embarrassing yourself here again


Oh yes, ryu and about time you apologised to Andy for posting your lie that he ever "infiltrated" your Discord group
  • #1,425
  • May 20, 2022 4:34am May 20, 2022 4:34am
Attached Image (click to enlarge)
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wait I accidentally drop the python into the soup instead of cooking up some delta and volume plus EMA indicators.
Nonetheless, I got myself a bowl of hot delicious python soup. ryan, girl-girl, how is your python.
  • #1,426
  • May 20, 2022 5:18am May 20, 2022 5:18am
Quoting moodybot
{quote} Excuse me, lie? Say that again very slowly.
Am still waiting Rudydoo.
  • #1,427
  • May 20, 2022 11:48am May 20, 2022 11:48am
Quoting TimeTells
Let me see, Andy joined FF in 2010 and has been trading for 12 years
and still post about timeframes, pips, "feel the market" and magic insights where to get entries. Yes, yes, I got it

Quoting mixedbags
{image} wait I accidentally drop the python into the soup instead of cooking up some delta and volume plus EMA indicators. Nonetheless, I got myself a bowl of hot delicious python soup. ryan, girl-girl, how is your python.
5 lot size on GU? You have very nice DEMO account
Observer effect
  • #1,428
  • May 20, 2022 3:01pm May 20, 2022 3:01pm
Quoting ryuryu
{quote} and still post about timeframes, pips, "feel the market" and magic insights where to get entries. Yes, yes, I got it {quote} 5 lot size on GU? You have very nice DEMO account
Actually you mentioned magic first, although I expect you’ll come back here and deny it.

Time frames, yes, I have an H1 chart open to run the EA, it could go in M1 or Monthly but I choose H1 and as I prefer to use MT4, that’s the time frame I prefer to use.

The EA doesn’t have any feelings so it doesn’t feel the market, pips, yes I measure between two price points and it’s easier to mention pips on the thread if discussing two price points, but that’s rare from me and no line or graphical representation that you see on my chart comes from measuring pips.
You will find no account percentage claims from me on this thread so your point and attempt at being clever regarding pips is tenuous at best.

Finally, why I’m still thinking of a baboon scratching it’s arse why are you still posting on here, it’s entertaining, but what makes you come back?
Perhaps your lonely.
If you are lonely ask Twee to set up a Traders lonely hearts thread, place a link to your thread and Bobs your Aunty, foot flow through to your thread for crowdfundme and if you drop in your IB Links you’ll have an extra stream of business heading to your discord group.

Toodle pip …

damn, shouldn’t mention pip..
  • #1,429
  • May 20, 2022 5:39pm May 20, 2022 5:39pm
Question

What's peoples experience with adding to losing trades ... yes/no.
  • #1,430
  • May 20, 2022 6:48pm May 20, 2022 6:48pm
Quoting moodybot
Question What's peoples experience with adding to losing trades ... yes/no.

I never go into a trade thinking I'm going to lose....hehehehe. I'm sure there are some systems around that martingale/hedge but I attempted that style in the beginning of my Forex journey with not so good results. I trade very simple and except a loser as part of doing business and that's why at least traditional MM is so important to have in place before you push the button. Once you push the button you are at the mercy of the market no matter what YOU think may or may not happen. Plus they have bigger pockets than me.

Dave
K.I.S.S.
  • #1,431
  • May 20, 2022 6:59pm May 20, 2022 6:59pm
Quoting fmsfx
{quote} I never go into a trade thinking I'm going to lose....hehehehe. I'm sure there are some systems around that martingale/hedge but I attempted that style in the beginning of my Forex journey with not so good results. I trade very simple and except a loser as part of doing business and that's why at least traditional MM is so important to have in place before you push the button. Once you push the button you are at the mercy of the market no matter what YOU think may or may not happen. Plus they have bigger pockets than me. Dave
Exactly. I stopped adding a long time ago, it’ll save an account a few times, but it’s inevitable that boom bang will occur, eventually. If someone advocates that, then that’s not so good in my book.
Hope your well Dave.
  • #1,432
  • May 20, 2022 7:27pm May 20, 2022 7:27pm
Quoting ryuryu
{quote}
and still post about timeframes

Hi ryu,


Well at least your language has become more acceptable again ryu, thank you.
If only you had the social capacity to discuss subjects in a manner becoming a trader, but hey that’s you I guess.

Many traders believe it or not are successful in Forex using different trading methods to your own,
though this may well be a bitter pill for you to swallow due to your often myopic tendancies.


Anyways.

This morning (happy Saturday to you) it seems your main concern now relates to the narrative language that folks will use when talking forex.

You have an issue I see using the word Timeframes in posts ?

Really ????


Let me say that many forex traders might use the word Timeframe, and if it helps you,
what it refers to is the different CHART outlooks they are discussing.

For example, I trade solely on the 1 min chart. That is where I make my entries.

BUT, when I see my trades setting up either towards or from my Targets, around or near the Daily Open Line, or the extra maths lines I have (courtesy of BWilliam's encouragement, I do not know his maths methods at all), plus the Hi’s and Lo’s that I observe for structure, then like Andy and many other real traders …

I will look at a second template chart
on different timeframes
for example the ONE HOUR and also the ONE DAY chart to see if current price behaviour on the 1hr and 1dy are in alignment or at odds with each other.
This will tell me whether we have potential runner (grinder), or whether we are in a ranging situation.

Similar I guess to if I am driving to a new location. I will use the GPS to see the street I am in, but then I will look at a larger view to see my final destination which may be some 200 kms away.

In forex if the previous Monthly Hi/Lo for example is 200 pips away then you will understand trying to fit all that into a one minute chart is almost impossible.
I will then use a larger TIMEFRAME chart to see where those distant structural targets are.

I hope you can understand this concept.

SO.

In the above sense YES I would use different Timeframes to view the market structure even though I only trade ENTRY from my 1 minute chart.


Now why not, instead just post to Andy (via me) and say
‘good on you, Andy, well done, if that’s the way you trade good fortunes to you, but it's not for me”

Everything you post recently seems to be just an infantile
“my way is the best way, my way is the only way” style of post.

And as a trader it does make you seem (to me) as just a small minded one-trick pony who has yet to open their eyes to the bigger trading world they trade in.

BUT. LOL. What can I say, all the best to you ryu

(did you ask something else, I don’t know I’ll have a look later)


(edit: oh yes
PS “your” target #1 and target #2 that you asked about yesterday
WAS reached and taken out by the Market, in its own time later lol

Quoting ryuryu
{quote}
Why you choose #3? Why not 1 or 2? Because they were not triggered? {C}{C}{C} {image}

You asked me, why I choose, but it is the Market that chooses the first target ryu, I just tag along for the joyful ride

AMAZING yeah (and NOT magic lol, it's just normal repetitive daily Market Behaviour to me)

.
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  • #1,433
  • May 20, 2022 7:30pm May 20, 2022 7:30pm
Various charts, remarkably similar to last week, and every other week before that.
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Click to Enlarge Name: AUDCHFs_ecnH1.png Size: 38 KB
Click to Enlarge Name: AUDNZDs_ecnH1.png Size: 37 KB
Click to Enlarge Name: AUDUSDs_ecnH1.png Size: 38 KB
Click to Enlarge Name: CHFJPYs_ecnH1.png Size: 38 KB
Click to Enlarge Name: EURAUDs_ecnH1.png Size: 37 KB
Click to Enlarge Name: EURUSDs_ecnH1.png Size: 47 KB
Click to Enlarge Name: GBPCHFs_ecnH1.png Size: 38 KB
Click to Enlarge Name: GBPUSDs_ecnH1.png Size: 30 KB
Click to Enlarge Name: NZDCADs_ecnH1.png Size: 30 KB
  • #1,434
  • May 20, 2022 7:38pm May 20, 2022 7:38pm
Quoting TimeTells
{quote} Hi ryu, Well at least your language has become more acceptable again ryu, thank you. If only you had the social capacity to discuss subjects in a manner becoming a trader, but hey that’s you I guess. Many traders believe it or not are successful in Forex using different trading methods to your own, though this may well be a bitter pill for you to swallow due to your often myopic tendancies. Anyways. This morning (happy Saturday to you) it seems your main concern now relates to the narrative language that folks will use when talking forex....

Again, a great post Pete.

Someone looking in might look in horror that you are offering to help someone like Rudy who has been such an a hole, to see the light, to show that there are other ways, .... but for me, it's for the other people and to stop them falling into the same rabbit hole, I've been there... so have most!

Keep out of that rabbit hole and if you do drop in, say high to Rudy from me..... 'what's up doc'!!
  • #1,435
  • May 20, 2022 7:49pm May 20, 2022 7:49pm
Quoting moodybot
{quote} Again, a great post Pete. Someone looking in might look in horror that you are offering to help someone like Rudy who has been such an a hole, to see the light, to show that there are other ways, .... but for me, it's for the other people and to stop them falling into the same rabbit hole, I've been there... so have most! Keep out of that rabbit hole and if you do drop in, say high to Rudy from me..... 'what's up doc'!!

As for adding to losers... continually averaging down...
That is Cognitive dissonance.
Rabbitt hole boy and his whole persona is about as good as an example of cognitive dissonance as you can get.

Cognitive dissonance explains alot...but to be fair it is part of everyone's psychological makeup.. it's a survival mechanism... It's just whether you have the fortitude to accept you are wrong and learn from your mistakes...

My humble opinion is the rabbitt hole will continue much deeper...

Best of luck to Ryuryu...you will need luck.and.a miracle.or two at least lol...to survive your martingaling and averaging to losers and never accepting losses...

The market has no mercy better to learn whilst still playing with pennies in your rabbit hole
Master your Mind,,,Master the Market
  • #1,436
  • May 20, 2022 8:23pm May 20, 2022 8:23pm
Quoting moodybot
Question What's peoples experience with adding to losing trades ... yes/no.
Not too long ago I followed Quantum London Trading - never did averaging as the account was small. I managed to hold all the trades till it turned profit. So I thought I had found a winning holy grail strategy. I sold 1 of my insurance policy and dump the money into my trading account.
Each time the quantum indicator move up or down - I averaged my position. Hey you guest what I became a millionasses.

Now even with a DEMO 100k account I trade it as 5K account. Because 5k is the max DD, and I imposed on myself $500 max DD.
Next month will combined these to two 300k accounts. But I'll trade them as 100k account.
  • #1,437
  • May 20, 2022 8:38pm May 20, 2022 8:38pm
Quoting mixedbags
{quote} Not too long ago I followed Quantum London Trading - never did averaging as the account was small. I managed to hold all the trades till it turned profit. So I thought I had found a winning holy grail strategy. I sold 1 of my insurance policy and dump the money into my trading account. Each time the quantum indicator move up or down - I averaged my position. Hey you guest what I became a millionasses. Now even with a DEMO 100k account I trade it as 5K account. Because 5k is the max DD, and I imposed on myself $500 max DD. Next month will...
Nice. It’s not a matter of if, but when!
  • #1,438
  • May 20, 2022 11:09pm May 20, 2022 11:09pm
Quoting moodybot
Question What's peoples experience with adding to losing trades ... yes/no.
My answer would be no. Perspective is key here though, most will look at it as adding to a losing trade. Adding onto a losing trade is not something I prescribe too in my own terms. I just dont look at it that way. Ill go with a quick example:

EURUSD - BUY 10 lots @ 1.0400

Price then goes down to 1.0375 and I buy 10 more lots @ 1.0375.

I dont look at this as adding onto a losing trade. Its just another position to me. Trade management is very important, trade management is key and the right mindset all so important regardless if its one position, two positions or even three positions etc...If they end up being losing trades then they are losing trades and you are out with an acceptable loss per your trade management and its onto the next trade.

Where traders get into trouble (regardless of adding on) is they dont know how to take a loss or = to poor trade management.

Quick question, Does it really matter if you are adding onto a losing position on one pair or if you opening positions up on multiple pairs? I would think if your answer is you dont add onto losing trades then one trade open, if its negative, you are not opening any more positions with any pairs, unless you can see the future and know that trade will be positive from the start.

BUY 10 lots on EURUSD @ 1.0400 London session
BUY 10 lots on AUDUSD @ 1.0375 US session
BUY 10 lots on GBPUSD @ 1.2200 US session

If your EURUSD position was opened in the London session and by the time US session opens its down 15 pips and you then enter in long the AUDUSD and GBPUSD would you consider that adding onto a losing trade?

To further answer the question, My experience is, in my early trading years it was a flat NO, which I think helped build my current mindset, as you see above, it does not matter to me at this stage, its all trade management.

Friday night here, just got done watching the Warriors complete a nice comeback, 2-0 series lead, anyone else following the playoffs?

Enjoy the weekend!
Swing the AXE..HARD w/ Effort, Consistency and Patience
  • #1,439
  • Edited 2:37pm May 21, 2022 2:23pm | Edited 2:37pm
Quoting HTG
Ill go with a quick example: EURUSD - BUY 10 lots @ 1.0400 Price then goes down to !
How much is "EURUSD - BUY 10 lots @ 1.0400?"

Could you please give me a quick answer. Thank you

Quoting moodybot
Again, a great post Pete.
Pete, please draw MORE lines! More lines mean you can EXPLAIN "why" 100%, not 13% like you have now.

Quoting TimeTells
{quote} Hi ryu, Well at least your language has become more acceptable again ryu, thank you.
Sorry din't get what you mean. I'm using English language to communicate. I can use Spanish as well. But for trading I prefer using English because all my team use it and it is not possible (hard) to use more than one language in production.

Regarding to your answer. I repeat. Please SHOW ME the ENTRY. When the future is unknown. I don't need your historical cheat charts. Then we can talk.

p.s. and soooory but that guy bluesteel is in my ignore list or how it called. I don't remember why, but I can't see his posts. So you have to copy-paste what he pook, to let me know. If it really matter. Or just skip it. No one wants to know it.
Observer effect
  • #1,440
  • May 21, 2022 3:33pm May 21, 2022 3:33pm
Quoting ryuryu
{quote} How much is "EURUSD - BUY 10 lots @ 1.0400?" Could you please give me a quick answer. Thank you {quote} Pete, please draw MORE lines! More lines mean you can EXPLAIN "why" 100%, not 13% like you have now. {quote} Sorry din't get what you mean. I'm using English language to communicate. I can use Spanish as well. But for trading I prefer using English because all my team use it and it is not possible (hard) to use more than one language in production. Regarding to your answer. I repeat. Please SHOW ME the ENTRY. When the future is unknown....

Can someone help out Rudy with his questions.
The answers are in the thread but he’s still being facetious.

Worth taking Bluesteele off of your ignore list, Rudy, he’s forgotten more than you’ll ever know!
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