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How To Trade With Accuracy - The Market Way

  • #261
  • Jul 20, 2022 11:05am Jul 20, 2022 11:05am
Quoting heispark
{quote} Ok, you don't care about slippage. Good to know.
I asked two questions, did you answer any one of the two? Since you seem to know so many real life professionals, I'm guessing based on your post "most real life professionals", why don't you get one or two of them to live trade for a week with me? Streaming live on YouTube? Or even you? NEWBIES of this thread would so be interested, I'm positive.

Can you back up your claims or are you going to run like everyone else and post irrelevant stuff/answers?
  • #262
  • Jul 20, 2022 11:06am Jul 20, 2022 11:06am
Quoting B.Mir
{quote} Precision entry was at 1711.40, not possible to enter there in a fast moving market, especially on a mobile phone, I pressed buy near that, it registered at 1712. I had specifically mentioned earlier to look for H&S and enter at shoulder, anyway.
Is 1711.40 the high of the 15:30 candle with your broker?
  • #263
  • Jul 20, 2022 11:06am Jul 20, 2022 11:06am
Quoting B.Mir
{quote} Reasons for the trade, did exactly what it had to do, retested shoulder, just that this time the shoulder was a little far than yesterday's shoulder. That's why you wait for the precise spot. Entry is always on the shoulder. Compare both the entries and you'll notice, nothing has changed except the range. Most importantly, get this ingrained in your head, there's no such thing as a bull or a bear day or a bull or a bear movement. You don't have to care about which direction it goes, even though it may look like a sell to a naked eye, it...
Great with explanations. Am I drawing exactly the way you see the chart and the entry looks like the one I drew, I'm trying to use my brain to achieve the 100% winning scene. Thank you.
Attached Image (click to enlarge)
Click to Enlarge Name: toi hieu.png Size: 38 KB
  • #264
  • Jul 20, 2022 11:06am Jul 20, 2022 11:06am
Quoting B.Mir
{quote} Precision entry was at 1711.40, not possible to enter there in a fast moving market, especially on a mobile phone, I pressed buy near that, it registered at 1712. I had specifically mentioned earlier to look for H&S and enter at shoulder, anyway.
And perhaps some were thinking they HAD TO ENTER with a buy at precisely 1630 hr. For me it is a time of interest, to see where around that time a retest happens.
  • #265
  • Jul 20, 2022 11:07am Jul 20, 2022 11:07am
Quoting B.Mir
{quote} Post as long or as many times you please, this thread is open to everyone. Always will be.
I still practice drawing fibo levels . Today price has come back into the range, we can use prev day to draw H1 levels for today. could you pls check too the direction I draw fibo from high to low or from low to high is correct too?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gold W1 20072022.png Size: 30 KB
Click to Enlarge Name: gold D1 20072022.png Size: 42 KB
Click to Enlarge Name: gold H4 20072022.png Size: 27 KB
Click to Enlarge Name: gold H1 20072022.png Size: 29 KB
  • #266
  • Jul 20, 2022 11:08am Jul 20, 2022 11:08am
Quoting heispark
{quote} Nothing else. Thanks.
See, I'll be clear, I have nothing against you or anyone else for that matter but don't take me for someone who won't hold his end, yeah? If your intentions are/were clean, I wish you nothing but the best, if they weren't, I still wish you the same. Makes no difference to me regardless.

Have a good rest of the day/night.

Later, unless you're up for that challenge.
  • #267
  • Jul 20, 2022 11:09am Jul 20, 2022 11:09am
Quoting Mo.07
{quote} Is 1711.40 the high of the 15:30 candle with your broker?
It was Daily Open Akhi.
  • #268
  • Jul 20, 2022 11:11am Jul 20, 2022 11:11am
Quoting heispark
{quote} That's why most real life professionals use limit orders or split their orders into smaller chunks like 10 lots to reduce slippage......
yes, using limit orders is helpful in fast markets if you are confident in your price. I will often have a limit order set up and ready to implement but not yet active, UNTIL i see what i want to see.
  • #269
  • Jul 20, 2022 11:11am Jul 20, 2022 11:11am
Quoting mistdraw28
{quote} Great with explanations. Am I drawing exactly the way you see the chart and the entry looks like the one I drew, I'm trying to use my brain to achieve the 100% winning scene. Thank you. {image}
9/10 things mentioned are right. Good Job.
  • #270
  • Jul 20, 2022 11:13am Jul 20, 2022 11:13am
Quoting heispark
{quote} So, how you gonna implement 'TIME' in your strategy? As far as I know, it's irrelevant to your strategy.
correct, i'm not implement this element in my strategy, i dont hv to. I just interested on how B.Mir trade and since he show many example on XauUsd; which is the only pair that i trade everyday...
  • #271
  • Jul 20, 2022 11:15am Jul 20, 2022 11:15am
Quoting B.Mir
{quote} It was Daily Open Akhi.
Thanks.

Just out of interest, what would be the precise price for yesterday's entry?
  • #272
  • Jul 20, 2022 11:16am Jul 20, 2022 11:16am
Quoting ntk
{quote} I still practice drawing fibo levels . Today price has come back into the range, we can use prev day to draw H1 levels for today. could you pls check too the direction I draw fibo from high to low or from low to high is correct too? {image} {image} {image} {image}
They are correct, whether you draw from bottom or top, they are equally divided, makes no difference, however draw them from top to bottom like I do, so it will be easily readable if I check them.
  • #273
  • Jul 20, 2022 11:18am Jul 20, 2022 11:18am
Quoting Mo.07
{quote} Thanks. Just out of interest, what would be the precise price for yesterday's entry?
1715.14
  • #274
  • Jul 20, 2022 11:30am Jul 20, 2022 11:30am
Quoting B.Mir
{quote} It was Daily Open Akhi.
speaking about the daily open candle we understand that is the H1 candle at 2400 chart time? mine is O=1711.50, H=1712.36, L=1711.00, C=1711.99 the tolerance is alright?

Is there any other values we should monitor like weekly monthly pivots, openings etc?

One comic question, but I need to ask here should we not get all the fibo levels of each time frame H1, H4, D1, W1 (with different colors) or at leas M15 and H1 on one chart?
  • #275
  • Jul 20, 2022 11:33am Jul 20, 2022 11:33am
Quoting ntk
{quote} speaking about the daily open candle we understand that is the H1 candle at 2400 chart time? mine is O=1711.50, H=1712.36, L=1711.00, C=1711.99 the tolerance is alright? Is there any other values we should monitor like weekly monthly pivots, openings etc? One comic question, but I need to ask here should we not get all the fibo levels of each time frame H1, H4, D1, W1 (with different colors) or at leas M15 and H1 on one chart?
For me Open is 1:00 Candle or 22:00 depending on broker, use local time to get past broker rubbish.

Opens, Daily Opens and Weekly Opens are very important. 90% of the time Weekly open will be retested in the following days leading up to Friday.

Don't do that, keep levels separated, you'll get confused and nowhere with keeping all of them on one.

Time to go, later.

Have a good rest of the day/night, all of you.

Peace be unto you.
  • #276
  • Jul 20, 2022 11:42am Jul 20, 2022 11:42am
I will love to understand this technique, have read the PDF, but sadly I'm not still getting it or even how to apply it
  • #277
  • Jul 20, 2022 11:49am Jul 20, 2022 11:49am
Quoting B.Mir
{quote} Reasons for the trade, did exactly what it had to do, retested shoulder, just that this time the shoulder was a little far than yesterday's shoulder. That's why you wait for the precise spot. Entry is always on the shoulder. Compare both the entries and you'll notice, nothing has changed except the range. Most importantly, get this ingrained in your head, there's no such thing as a bull or a bear day or a bull or a bear movement. You don't have to care about which direction it goes, even though it may look like a sell to a naked eye, it...
Hi B, just wanted to check on something. On this chart, it looks like it was a H&S to short to the downside. Why are you buying here? Is there another way of interpreting H&S? Thank you.
  • #278
  • Edited 1:44pm Jul 20, 2022 12:26pm | Edited 1:44pm
Quoting B.Mir
{quote} For me Open is 1:00 Candle or 22:00 depending on broker, use local time to get past broker rubbish. Opens, Daily Opens and Weekly Opens are very important. 90% of the time Weekly open will be retested in the following days leading up to Friday. Don't do that, keep levels separated, you'll get confused and nowhere with keeping all of them on one. Time to go, later. Have a good rest of the day/night, all of you. Peace be unto you.
in your two trades the fibo levels left in the background, they are from the H1 chart levels, right? you need to dont draw M15 fibo levels to identify when and where you enter your trade?

Could I ask about the timing where you look for hints in the chart history so they could let you know about a potential buy trade in 5hrs ahead or like today not in 5hrs at start of the US session, but about 16:30 ... is there a repeated level, a formation, or algo telling you

Does the area where these HS forming/formed influence your trade direction? like many traders here already questioning his type of HS indicate a selling ahead, but you insist on Buying both yesterday and today, and I guess tomorrow too ... until your HS pattern land in the fibo area 75% to 80% (or above 50% in H1 chart), only then you will look for priority SELL trade or because some other things only you see around this area, is it so? that 5 or 6hrs ahead analysis at end of asian and while LO still going on is very intriguing... could we be 50% as good vs as you are one day...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gold trade 1.png Size: 87 KB
Click to Enlarge Name: gold trade 2.png Size: 95 KB
  • #279
  • Jul 20, 2022 1:21pm Jul 20, 2022 1:21pm
Quoting BlackNapkins
{image}
Thanks for the attachment. Digger is an excellent trader. I wonder why someone was bashing him in the first page of this thread. He taught me quite some "shit" as he would call it. Over the weekend I will go over B. Mir's work in the attachment you just posted.

And to B. Mir, great to see your thread. As for time, it can never be overemphasised. Time is so essential in my trading. Specific days like Monday, Wednesday and Friday; specific sessions and what they do; range of these sessions, etc are the best weapons of my trading system. For example today Wednesday usually gives me the easiest trades on GU and EU. And if it goes the other way, I know already what would most likely happen the next few days as regards price.

Again, thanks for your post. I am quite profitable but would learn as much as possible to be failproof because I beoieve it is possible. God bless you!
  • #280
  • Jul 20, 2022 1:21pm Jul 20, 2022 1:21pm
Quoting B.Mir
{quote} Yes, yet they can't seem to figure out.
those post from #2 to #5 if you could post them from where to where you draw the fibo level, they would be clearer. it is a puzzling because we can see only part of them
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