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  • #1,701
  • Jun 9, 2022 10:05pm Jun 9, 2022 10:05pm
Quoting RickM
{quote}Also Forex trading on retail trading platforms isn’t looking too great either, London trading session is very disappointing over the last 12 months - it forced me to move to other trading markets and ask the question. Isn’t trading markets that have less absorption just a smarter idea?
The stats I have generated over the last 12 months of forex trading paint a completely different picture, and my stats since February 24 are beyond my wildest expectations. We see things differently: you are concerned about absorption, and I trade intent to targets.

I applaud your outstanding record with cryptos and hope you can keep it up for however long you can. But the handwriting is on the wall, so to speak, for crypto regulation and centralization. Big players demand predictable order, and they will have it in time. Best wishes and good trading.
  • #1,702
  • Jun 9, 2022 10:35pm Jun 9, 2022 10:35pm
Not bad sell zone after yesterday's marathon It looks like we have also head and shoulders shampoo
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  • #1,703
  • Jun 9, 2022 10:40pm Jun 9, 2022 10:40pm
Quoting GEfx
The stats I have generated over the last 12 months of forex trading paint a completely different picture, and my stats since February 24 are beyond my wildest expectations. We see things differently: you are concerned about absorption, and I trade intent to targets. I applaud your outstanding record with cryptos and hope you can keep it up for however long you can. But the handwriting is on the wall, so to speak, for crypto regulation and centralization. Big players demand predictable order, and they will have it in time. Best...
Eversince cov19 and this Ukraine war it's just been great. EURUSD is at it's best for a while. Lets hope it stays this way.
Know what you trade
  • #1,704
  • Jun 9, 2022 10:56pm Jun 9, 2022 10:56pm
Quoting Ihlas
Not bad sell zone after yesterday's marathon It looks like we have also head and shoulders shampoo {image}
Nice call Ihlas.
Know what you trade
  • #1,705
  • Jun 9, 2022 11:32pm Jun 9, 2022 11:32pm
Quoting BWilliam
{quote} Eversince cov19 and this Ukraine war it's just been great. EURUSD is at it's best for a while. Lets hope it stays this way.
Hi BWilliam, yes the E$ has been great, as well as, the G$ and nearly everything Yen related. And structure is shifting across the majors and may be a moving target for some time to come. It's very interesting to be a part of, at least in our small way. Have a good day!
  • #1,706
  • Jun 10, 2022 12:31am Jun 10, 2022 12:31am
[quote=TimeTells;14027284](GJ this morning, 20 pips was offered up, which direction ? why ? which target ? was there then Inflection ?) anyways the Pea & Shell game (imho) that currency traders will have to contend with, at some stage in their trading career https://www.forexfactory.com/thread/...5#post13994985

Thank You TimeTell,

yeah, The Pea and Shell game is the simple and elegant metaphor for understanding how MM applied psychology in price movement, but imho...trader focus on the pea and shell game itself and not WHO is moving the pea and shell (MM mindset).
Focus more on How he is thinking and WHAT his MOTIVE.

Someone here said its better one adopt MM bussiness model

THE MM does NOT do A SUNDAY AFTERNOON STROLL IN THE PARK !

NO PRICE MOVEMENT IS HAPPENING WITHOUT REASON

Theres pattern, clue on charts and can be seen with naked eye. Maybe its like you will catch a thief, the better way is we choose to adopt how he is thinking (put ourself in his shoes) in order to make better assessment how the thief most likely run, hide and show his hand.

One we understand his motive, we can reverse engginer his most likely action. And KNOW his 'weakness' also based on RULE OF THE GAME (market microstructure). The boundary or price LIMITER above and below.

Ofc, the pea and shell game look like random and magic on the FIRST SIGHT. and

above point is only if we choose to know what the most likely action the price will move NEXT.

BUT, theres the best way (most safest WITH less risk)
WAITING for price to arrive at TARGET, then REACT (we need no care about next direction at all).
LESS THINKING, ofc and less stress

only WAITING, but TARGET LINE must drawn first.
  • #1,707
  • Jun 10, 2022 12:41am Jun 10, 2022 12:41am
Hi Dean & pete
Could u please explain clearly
Because u r also leaving puzzle in your explanation
As i am not perfect in English
Its my request
  • #1,708
  • Jun 10, 2022 12:43am Jun 10, 2022 12:43am
Quoting GEfx
{quote} The stats I have generated over the last 12 months of forex trading paint a completely different picture, and my stats since February 24 are beyond my wildest expectations. We see things differently: you are concerned about absorption, and I trade intent to targets. I applaud your outstanding record with cryptos and hope you can keep it up for however long you can. But the handwriting is on the wall, so to speak, for crypto regulation and centralization. Big players demand predictable order, and they will have it in time. Best wishes...
Thanks GEfx

All the peepz my belong to you
  • #1,709
  • Jun 10, 2022 12:50am Jun 10, 2022 12:50am
Quoting venkatredy
Hi Dean & pete Could u please explain clearly Because u r also leaving puzzle in your explanation As i am not perfect in English Its my request
Hi Venka, the keys lay on UNDERSTANDING MM mind-set FIRST and HIS MOTIVE as per George theory (but thats just for me).

tehnically (on charts) we just need PREVIOUS DAY OPEN, HIGH and LOW with current DOL and ofc MTF TARGETS with 3 session OPEN LINE.

then, use Crucial Point BUY and SELL hemisphere above and below. The BOUNDARY is a MUST.

Theres many way to skin the cat and the best way is your way Venka based on the best 'RECIPE' that GEORGE and the GANG provide for us FREE.
The best way is not about 'right or 'wrong'. The best way is WHATS WORK FOR YOU ONLY.
  • #1,710
  • Jun 10, 2022 1:02am Jun 10, 2022 1:02am
Quoting deanyakobs
{quote} Hi Venka, the keys lay on UNDERSTANDING MM mind-set FIRST and HIS MOTIVE as per George theory (but thats just for me). tehnically (on charts) we just need PREVIOUS DAY OPEN, HIGH and LOW with current DOL and ofc MTF TARGETS with 3 session OPEN LINE. then, use Crucial Point BUY and SELL hemisphere above and below. The BOUNDARY is a MUST. Theres many way to skin the cat and the best way is your way Venka based on the best 'RECIPE' that GEORGE and the GANG provide for us FREE. The best way is not about 'right or 'wrong'. The best way is WHATS...
Thank you Dean for replying
If possible can u please explain on chart presentation
Please
  • #1,711
  • Jun 10, 2022 1:02am Jun 10, 2022 1:02am
It seem only BWilliam and Ihlas use mathematics recipe in this thread. If I may ask you both willing to let the cat out of the bag a little, may be.
My questions is what weblink or post we must learn first.

Im willing to learn to brainstroming a little. Its NEW WORLD to me
  • #1,712
  • Edited 1:43am Jun 10, 2022 1:25am | Edited 1:43am
Quoting venkatredy
{quote} Thank you Dean for replying If possible can u please explain on chart presentation Please
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Close enough is good enough
You WILL find your way Venka
Please step back and choose not to halfbaked.
Need focus and lonely time first.

I need 2 years to absorb George theory better while do charts time.
Family distraction is big, so i often loose my focus, but
UNCONDITIONAL commitment is choice we make.

I don,t care about money, only UNDERSTANDING the market AND myself (my weakness) is my only goal.
I am NOT trader. but
UN-OBSERVER OBSERVER.

George, TimeTell, BWilliam, BlueSteel, MoodyBot and CrucialPoint give MUCH charts example and all of them is precious
They BIG HELP for me.

Theres others i can not mention, whatever small. READ BETWEEN THE LINEs
lOOK at FF member at my profile who I have subscriptions. They are all my teacher

Keep digging (deeper) Venka
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  • #1,713
  • Edited 1:46am Jun 10, 2022 1:33am | Edited 1:46am
Quoting deanyakobs
BUT, theres the best way (most safest WITH less risk) WAITING for price to arrive at TARGET, then REACT (we need no care about next direction at all). LESS THINKING, ofc and less stress only WAITING, but TARGET LINE must drawn first.

Quoting venkatredy
Hi Dean & pete Could u please explain clearly Because u r also leaving puzzle in your explanation As i am not perfect in English Its my request

Cheers D-Y (and V)

I do not wish to influence any trading style. Which should be personal
(ie NOT directly copied, and MUST be so as we are each individual)

(edit: copy trade IDEAS = YES, style should be personal)

Waiting is important to me (still my weakness tho, I am human)

I will say that I prefer to TRADE TO the next target (but I am flexible)
I am not a fan for the idea of the "immediate" reversal style trade at the very first touch where price reaches a target.

At a target, IF the market is then kind enough to rotate into an Inflection Point/area then,
that is where I pay my most attention & waiting, for the price to then move out of Inflection - with directional Intent - and TO the next Target

Here is a past chart of all kinds of Market Mechanics
(you cannot JUST look for this very exact situation to next occur in the future - it is a concept of Market Behaviour not a set-pattern to happen each time)

thrust candle
dissolves into Inflection
breakout into a danger zone lol, of London open- anything can happen here so I am wary now lol as London has to get REAL transactions into the REAL market)
sees a Fake N Flip (wow 53 pips, many breakout buyers were stopped out now or closed, NEW sellers might enter thinking a new sell wave starts)
THEN the real directional intent resumes, a patient trader can now get back in for the BUY direction.
(no set entry point for us discretionary traders like happens to traders with hard-coded or maths EA, when ALL of them do the same thing at the same time - NO)


Hope this clarifies, as words are no good, chart pics are better, and the same thing doesn't always happen in the same way
(ie pea gets put under a different shell next time around, maybe)

all the best

.
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  • #1,714
  • Edited 2:43am Jun 10, 2022 1:59am | Edited 2:43am
Quoting TimeTells
{quote} {quote} Cheers D-Y (and V) I do not wish to influence any trading style. Which should be personal (ie NOT directly copied, and MUST be so as we are each individual) (edit: copy trade IDEAS = YES, style should be personal) Waiting is important to me (still my weakness tho, I am human) I will say that I prefer to TRADE TO the next target (but I am flexible) I am not a fan for the idea of the "immediate" reversal style trade at the very first touch where price reaches a target. At a target, IF the market is then kind enough to rotate into an...
Yes, theres TRADE TO (next) TARGET if we know where we come from (PREVIOUS TARGET) and
theres TRADE AWAY (from) TARGET if we know WHERE THE NEXT TARGET IS.

previous target (past tense) TO next target (present tense) TO next target (future tense)
RUN IN CYCLE from station to station
station of turning point

While I like to enjoying ride till the next target in bigger time frame, it seem Mr. TimeTell enjoy the ride till the next nearest target in smaller time frame. (cut your profit shorts). Maybe

or, 10 pips is enough in ALL entries.

its why Mr. George said and ask us : Is my theory TREND FOLLOWING or TREND REVERSAL (system)

My answer is I DON'T KNOW, because they both are one and run in cycle. From target in one timeframe to another target in another timeframe. Going round and around above and below.

Pardon Venka and TimeTell if my words dont seem congruent with what i really mean. English vocab is my not so good.
Imho, TimeTell post always give me the best explanation about George theory in SIMPLE english. That make me understand George nuances really is ( hope i'm not wrong)

i'm sucking baby in English.
I just type the words whatever I like.

and you get bored
Sorry
  • #1,715
  • Jun 10, 2022 2:07am Jun 10, 2022 2:07am
Quoting deanyakobs
{quote} Yes, theres TRADE TO (next) TARGET if we know where we come from (PREVIOUS TARGET) and theres TRADE AWAY (from) TARGET if we know WHERE THE NEXT TARGET IS. its why Mr. George said and ask us : Is my theory TREND FOLLOWING or TREND REVERSAL (system) My answer is I DON'T KNOW, because they both are one and run in cycle. From target in one timeframe to another target in another timeframe. Going round and around above and below. Pardon Venka and TimeTell if my words dont seem congruent with what i really mean. English vocab is my not so good....
I am also not fluent in English
Family responsibilities and financial commitment due to this lack of focus on trading
I hope u understand my situation Dean
I don't understand z price and x price
Can u please check your inbox
  • #1,716
  • Jun 10, 2022 2:12am Jun 10, 2022 2:12am
Quoting deanyakobs
{quote}
Yes, theres TRADE TO (next) TARGET if we know where we come from (PREVIOUS TARGET) and theres TRADE AWAY (from) TARGET if we know WHERE THE NEXT TARGET IS. its why Mr. George said and ask us : Is my theory TREND FOLLOWING or TREND REVERSAL (system) My answer is I DON'T KNOW, because they both are one and run in cycle. From target in one timeframe to another target in another timeframe.

Hi D-Y for me yours is good english, I understand.

And yes, George loved to say he had the best seat in the house lol, I do remember .
He achieved this by trading from the exact tma point of touch of price, as price immediately reversed into the opposite direction.

Yet for me (myself I mean) to be boundless I had to ask "but what if price didn't immediately reverse at that point".
Then the trade might turn into a late night grind against me, that can be rescued of course but at much cost of time & energy.

So I chose then to wait a little bit. And miss the best seat in the house I mean. And just see if price was now really reversing (I am risk averse lol).

Once in my mind reversal had truly commenced I would then get in and trade TO the next Target, but I might have missed 5-10 pips of the initial move from the point of touch of the target. But I also might have missed the start of a grind as well.

That was my trade-off, perfect trade vs a little safer trade.
I copy the "idea" but not the "style" that is all.

We all as individual traders have to develop our own style I believe, whether based on ideas we get from one (or from many, my style is quite hybrid now lol ).

Great discussions you bring D-Y thank you sir.
Pete
  • #1,717
  • Edited 2:33am Jun 10, 2022 2:15am | Edited 2:33am
Quoting venkatredy
{quote} I am also not fluent in English Family responsibilities and financial commitment due to this lack of focus on trading I hope u understand my situation Dean I don't understand z price and x price Can u please check your inbox
For 'quick' buck and not too stressing your FUN JOURNEY too much, its probaby better you learn Highest Open / Lowest Open Trade thread by tOOsLOW.
Just temporary, cause it seem you are at same burden like me before.

Dont take it lightly and dont take it seriouslly.
Have fun a little with Mr. TimeTell charts while you learn HOLO trade.
In there theres EXACT rule and method. JUST FOLLOW
and walk (too slow) first, ofc.
  • #1,718
  • Jun 10, 2022 2:15am Jun 10, 2022 2:15am
Quoting TimeTells
{quote} {quote} Cheers D-Y (and V) I do not wish to influence any trading style. Which should be personal (ie NOT directly copied, and MUST be so as we are each individual) (edit: copy trade IDEAS = YES, style should be personal) Waiting is important to me (still my weakness tho, I am human) I will say that I prefer to TRADE TO the next target (but I am flexible) I am not a fan for the idea of the "immediate" reversal style trade at the very first touch where price reaches a target. At a target, IF the market is then kind enough to rotate into an...
Hi TimeTell,

Thanks for the explanation. The candle which i marked as the breakout candle after the inflection zone was actually a fake move right? This is where most traders get caught and place buy trades BUT at times there is no fakeout and price actually goes in the direction of the breakout candle. I have heard of London or Franky fake moves but its very hard to tell which is fake and which is not beforehand. And then if we are patient then we may get to see the fakeout but quite a few times there is no fake move and we may miss the train. OR maybe i am missing something?

Happy Trading All
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  • #1,719
  • Jun 10, 2022 2:22am Jun 10, 2022 2:22am
Quoting TimeTells
{quote} Hi D-Y for me yours is good english, I understand. And yes, George loved to say he had the best seat in the house lol, I do remember . He achieved this by trading from the exact tma point of touch of price, as price immediately reversed into the opposite direction. Yet for me (myself I mean) to be boundless I had to ask "but what if price didn't immediately reverse at that point". Then the trade might turn into a late night grind against me, that can be rescued of course but at much cost of time & energy. So I chose then to wait...
risk management IN ACTION.
What suit our risk profile
Everyone is different.
NO RIGHT or WRONG

tHAANKs TimeTell
My caps lock live again
  • #1,720
  • Jun 10, 2022 2:28am Jun 10, 2022 2:28am
Quoting deanyakobs
{quote} {image}{image}{image}{image}{image} Close enough is good enough You WILL find your way Venka Please step back and choose not to halfbaked. Need focus and lonely time first. I need 2 years to absorb George theory better while do charts time. Family distraction is big, so i often loose my focus, but UNCONDITIONAL commitment is choice we make. I don,t care about money, only UNDERSTANDING the market AND myself (my weakness) is my only goal. I am NOT trader. but UN-OBSERVER OBSERVER. George, TimeTell, BWilliam, BlueSteel, MoodyBot and CrucialPoint...

May I know what is a Z price?
Always hunting for pips, even in the dark
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