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How To Trade With Accuracy - The Market Way

  • #381
  • Jul 21, 2022 6:07pm Jul 21, 2022 6:07pm
Quoting ntk
{quote} price>levels>timing>patience and there are more have to learn , i.e. just take a chart from Aussies thread, even when one of the member write 300Xhalf a page long reply, would you understand that's all one needs to know when price goes to B or to C, and if price still not gets to go to your B or your C, if you dont get a reply would you call them all idiots ... that thread has lots of ppl who trade more than 6 figures account. Nobody forces you to stay, nobody sells anything here with the time and practice you should hope you could achieve...
perfect response well done
people leave, but this thread will go on for ever
  • #382
  • Jul 21, 2022 6:46pm Jul 21, 2022 6:46pm
1) market is random, same like you flipping a coin, it could be head or tail.
2) news is big variable, of time. News is (a) systematic release of economics stuffs (b) policy news posted randomly (c) other news
3) entry is not king, exit is. Once an entry taken, then your risk management takes over.
4) lines drawn for what, it cloud your judgement.
5) if time is really the king don't use Metatrader or just Metatrader only with Renko bars
  • #383
  • Jul 21, 2022 7:10pm Jul 21, 2022 7:10pm
Quoting modsky
{quote} sorry, you miss understood my question. It is not i do not THINK (see) it will go there. It DID NOT go there (1532) in June 2022. If i am to use the prior month hi lo to set the numbers for the lines to be drawn as per your guidelines, then your numbers are wrong. BUT then you say to go 2011. WHY there? You are not answering that question and i think it is fair to ask.
are you using mt4? I have data demo/life from three brokers but the further back I could get is 2012 for MN time frame, for H1 it stops at 02/2017, I have extended my chart data from 250,000 to 1000000, that is the max I get. I ask them, they told me too
  • #384
  • Jul 21, 2022 7:16pm Jul 21, 2022 7:16pm
Alsalam Alaikom

I signed up today to thank you for sharing your knowledge and to participate in this thread.

I have read the whole PDF and the discussions here.

I have a question, you said before:
"Three needed in sync, Price > Level > Time "

In the last trade you posted to buy gold at 16:30, the time is clear, you got it from your table as a "buy" depending on the week number in the month, day in the week, and hour in the day.

for the price, you have mentioned to look for H&S at that time to get an entry.

But, regarding the level, how did you know that price will be at an interesting level at that time ? what if price moved away from the level during the 6 hours after you called the trade?

In post 318 (which is a gem) you have mentioned that you don't care if price goes to B or C as long as you know what will happen at B, how did you know it will be at B for example at that time?

does that mean you neglected the level part in the trade? or if the price already visited a level (B or C) earlier in the morning it would be still valid through the day ?

Appreciate your efforts brother.

Barak Allah Fik
  • #385
  • Jul 21, 2022 7:21pm Jul 21, 2022 7:21pm
Quoting Abo.Ali
Alsalam Alaikom I signed up today to thank you for sharing your knowledge and to participate in this thread. I have read the whole PDF and the discussions here. I have a question, you said before: "Three needed in sync, Price > Level > Time " In the last trade you posted to buy gold at 16:30, the time is clear, you got it from your table as a "buy" depending on the week number in the month, day in the week, and hour in the day. for the price, you have mentioned to look for H&S at that time to get an entry. But, regarding the level, how did you know...
What did you sign up for? Which website?
  • #386
  • Jul 21, 2022 8:17pm Jul 21, 2022 8:17pm
Quoting ntk
{quote} are you using mt4? I have data demo/life from three brokers but the further back I could get is 2012 for MN time frame, for H1 it stops at 02/2017, I have extended my chart data from 250,000 to 1000000, that is the max I get. I ask them, they told me too
I use MT4 for one account, proprietary charts for the other two major accounts and one minor account. Hourly info goes back to 2015 on mt4 for me. but i was asking on monthly lines which use daily chart, and that goes much farther back, to 2003. Weekly candles to 1998, monthly candles to 1997.
  • #387
  • Jul 21, 2022 8:23pm Jul 21, 2022 8:23pm
Quoting B.Mir
Copied - Earlier post, just to give an idea of the methodology of the market. Quoting hocius {quote} Hey B.Mir, IMO trading with 15 or 20pips SL at certain times of the day when theres usually big volatility can be risky and your SL will easily get triggered, even if you got the direction right. I'm talking about gold ofc, might work on other slow pairs. I usually use wider SL, but I never use a set SL for every trade. I adapt the SL to the market volatility and the level...
When you say buy 2-2.5 and sells at 7.5-8 you are implying in an uptrend. My question is that it is the reverse for a down trend. Cheers
  • #388
  • Jul 21, 2022 9:03pm Jul 21, 2022 9:03pm
On the most important thing for now:
The most important is the Head and Shoulder pattern, always enter at the retest of the shoulder.

On levels:
The previous high and the low are the important levels, if the price broke the range it is not anymore valid unless price returns to the range. After the "high and low" or the "range" is determined, divide the range into 4 or easily use fibs.

On time:
I have no solid grasp unless B.Mir post some more charts because it is better to see someone actually swim than explain to me how to swim.
  • #389
  • Jul 21, 2022 9:28pm Jul 21, 2022 9:28pm
Attached Image (click to enlarge)
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Quoting B.Mir
{quote} Wait, I'll screenshot all the charts for you, if it'd gone down, if it'd have gone up. {image} {image} {image}
yesterday when market broke the prior day low, that range we used to set up the levels becomes invalid. I understand that I think. Then you show to go back in time to a prior day that has a lower low (at least that is what i am understanding). You go to Mar31,21 which indeed does have a lower low BUT Aug 09,21 occurs first when going backward in time, and also has a lower low. It also has a much higher high. Why did you not use that day? Why select Mar 31 and not Aug 09?

This is the part I am not understanding so far. You seem to choose different dates than what most of us seem to understand from your directions. What are we not understanding?
  • #390
  • Jul 21, 2022 10:45pm Jul 21, 2022 10:45pm
Quoting surfac
{quote} OMG chill dude, you could have just said that you are also wandering in the dark and that maybe by sucking up to the thread creator he will take pity on you and give you a one-on-one session. Why does every thread like this have a person like you? Can't there be just normal people and say "yeah I have no f****** clue what he is talking about but I am hoping to figure it out"?
Very well said and funny, hahaha.

When reading his posts, I was thinking "Why this guy get so serious and even angry with someone's normal posts? Oh, maybe he's an axx licker, pretending to be a moral teacher."
  • #391
  • Jul 22, 2022 12:03am Jul 22, 2022 12:03am
Quoting surfac
{quote} OMG chill dude, you could have just said that you are also wandering in the dark and that maybe by sucking up to the thread creator he will take pity on you and give you a one-on-one session. Why does every thread like this have a person like you? Can't there be just normal people and say "yeah I have no f****** clue what he is talking about but I am hoping to figure it out"?
But why are we pretending there's a Grail here? Only seems like more story telling.
  • #392
  • Jul 22, 2022 1:12am Jul 22, 2022 1:12am
Quoting ohyeah
{quote} But why are we pretending there's a Grail here? Only seems like more story telling.
AND I SEEN THE HO0LYGRAIL OF TRADING NO PRETENCE THERE IS MORE THAN ONE , BUT MOST CANT BE BOTHERED LEARNING AND THATS A FACT OHYYEAH 2017 I SEE
people leave, but this thread will go on for ever
  • #393
  • Jul 22, 2022 1:28am Jul 22, 2022 1:28am
Quoting Oliver.Twist
{quote} I don't think we have enough information for those kinds of calls. For one, I don't see a specific level (at least, not a 50% of previous D/W/M/Y). What you essentially are showing, is just an inverted H&S pattern, yes. Also time, on EURUSD, how do we know if it's supposed to be the correct time or not? Not enough information. Though, by itself, a H&S pattern can be tradable, but then it's just pattern trading.
His method didn't say you can only trade on 50% level. The highlight of the method is take a trade at the shoulder level of a 3candle H&S pattern around the level marked out.
  • #394
  • Jul 22, 2022 1:55am Jul 22, 2022 1:55am
Quoting Aussi
{quote} AND I SEEN THE HO0LYGRAIL OF TRADING NO PRETENCE THERE IS MORE THAN ONE , BUT MOST CANT BE BOTHERED LEARNING AND THATS A FACT OHYYEAH 2017 I SEE
You're from a native English speaking country, and I can't understand your English.
  • #395
  • Jul 22, 2022 2:25am Jul 22, 2022 2:25am
Quoting ohyeah
{quote} You're from a native English speaking country, and I can't understand your English.
UNDERSTANDING COMES WITH LEARNING I AM NOT ENGLISH I AM A KIWI , i dont live in a mud hut
people leave, but this thread will go on for ever
  • #396
  • Jul 22, 2022 2:37am Jul 22, 2022 2:37am
sorry,
  • #397
  • Jul 22, 2022 2:52am Jul 22, 2022 2:52am
Quoting Aussi
{quote} UNDERSTANDING COMES WITH LEARNING I AM NOT ENGLISH I AM A KIWI , i dont live in a mud hut
Excellent.. everything requires the desire to learn..

Perfect reply.. haha
  • #398
  • Jul 22, 2022 3:16am Jul 22, 2022 3:16am
Quoting kamikazen
On the most important thing for now: The most important is the Head and Shoulder pattern, always enter at the retest of the shoulder.
it just happened right now at EURUSD, start formating at head and shoulder but the last shouler does not confirmate and the pattern broke and price keep falling.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_18.jpg Size: 108 KB

about time, notice how the head of the pattern aligns with 10:00am (green vertical line)

there are also notices at that time that's why (I guess) the drop is so drastic.

Sorry to don't have the levels drawed in that screen shot I noticed now when I'm uploading.
rip and tear until it's done
  • #399
  • Jul 22, 2022 3:19am Jul 22, 2022 3:19am
Quoting modsky
{quote} I use MT4 for one account, proprietary charts for the other two major accounts and one minor account. Hourly info goes back to 2015 on mt4 for me. but i was asking on monthly lines which use daily chart, and that goes much farther back, to 2003. Weekly candles to 1998, monthly candles to 1997.
I use AXI, FTMO, MFF brokers there is not much a place to complain there,others don't complain, you use them or leave them
Did you perform a magic trick of MT4? I use this setting + press repeatedly home button until chart stop going back in history in all time frame, but for
. H1 only possible back to 01/2022
. H4 only possible back to 01/2021
. D1 only possible back to 02/2017
. W1 only possible back to 10/2002
. MN1 only possible back to 02/2001

frustrated really... some parts of the exercise I just have to let it be
  • #400
  • Jul 22, 2022 3:35am Jul 22, 2022 3:35am
Quoting B.Mir
{quote} .
are the lines correct or make sense? where would you amend, or what would you add to?

there are certain interest areas and candles we should have paid attenion on as you expressed "please mark the areas of where you distinguish between shekels and runners" would you pls do it here. This is one of your trade aussie thread's #26135
Attached Image (click to enlarge)
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