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  • #43,881
  • Sep 21, 2024 3:52am Sep 21, 2024 3:52am
Tbh i had an amazing week, i was following Pedro, i used RM, i used a great SL
It's easy you only need patience, i didn't made a lot of money like some big traders who are here without using SL.. but it's a marathon not a sprint
it's a multi entry strategy.. you close the bad ones keep the bests but ALWAYS using a SL and a really good RM
He's twitter https://x.com/elvis_manu10289
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...I Bet You Ain't Never Seen A Donkey Fly!
  • #43,882
  • Sep 21, 2024 4:02am Sep 21, 2024 4:02am
Quoting Zebi
{quote} "everybody" is jumping on him the way you say because he and bflyfx who is banned did the same thing to everybody who had a different view the last month.... do you even know his backstory?....he was insulting and demeaning in the euro only thread until ATA kicked him out in april....then he settled in T721's new cable & other pairs thread...T721 even invited me and others to join in when he gave pedro a safe space in his room and I declined saying I didn't want to be a disruptive influence since I'm a contrarian trader and go against the...
Oh come on Zebi.. you don't make a lot of money from subscriptions.. a lot of people appreciated him and i don't get all the hate, he posted his levels you posted yours, he didn't even said that he's right ALL the time, only 95%.. who wants to follow him ok, i never saw him asking for somebody to follow him or to join whatever.. i think you have something personal.. or maybe it's only ego?
...I Bet You Ain't Never Seen A Donkey Fly!
  • #43,883
  • Sep 21, 2024 4:25am Sep 21, 2024 4:25am
Quoting Fardeen1209
{quote} Could be, but best decision always come from the chart itself. We just use probability and price structure to make some bucks. Wave analysis act as a blueprint while price structure confirms the blueprint. Fundamental (sentiment) always move in favour of price structure or it can be said price structure reflects sentiment. When economic news or a news shock the market, it tends to move opposite price structure (shift in sentiment) producing a shift in price structure The question left to ask, how shocking is the news.
blueprint?

how many times have you changed the labels of 3rd/5th wave in the last year without this bad boy stop or retrace.
  • #43,884
  • Edited 6:10am Sep 21, 2024 5:46am | Edited 6:10am
Quoting Whale
{quote} blueprint? how many times have you changed the labels of 3rd/5th wave in the last year without this bad boy stop or retrace.
Many times, this is why price structure is crucial. If there is no external shift why would i open swing shorts?

And its been a while i said, candlestick and labelling is not something i trade, but structure of the market.

Quoting Fardeen1209
Risky Scalping setup Using the 1st scenario Buy high sell higher{image} SL: Todays Low TP: 21pts
Since we dont control price, when price dont unfold as per our labelling it means our labelling is wrong. We are not a tree and can always subject to revision. This is what EW is all about.

Wave counting gives the probability for the next possible wave, price structure confirms it

The wave counting is what i used to turn a scalping trade into a swing trade, if i can perceive more price to unfolds.

Trading is all about perception. This is why at a given level 100s traders sells, 1000 traders buys.

Btw you sold many times this week without a confirmation to the downside?


Edit: Candlestick only works when it failed to break a predefine level. Thats too, not because on its own, but it reflects passive sellers/buyers.
More time in the market, does not mean you trade better!
  • #43,885
  • Sep 21, 2024 6:43am Sep 21, 2024 6:43am
Quoting dilidanjaro
Tbh i had an amazing week, i was following Pedro, i used RM, i used a great SL It's easy you only need patience, i didn't made a lot of money like some big traders who are here without using SL.. but it's a marathon not a sprint it's a multi entry strategy.. you close the bad ones keep the bests but ALWAYS using a SL and a really good RM He's twitter https://x.com/elvis_manu10289 {image}
U know u remove the lots but the amount is there and the entries are there. People will count and understand that some of ur trades are 1 lot. Some are above 0.5 lots.
But overall its a good trade. Just that. Lessen your number of trades. I see many breakeven trades. Because ur account is quite big. Profitted 1.5k increase of 0.99% . Good account you have.

I can already know how much your account capital is, but good job mate even with that amount. I am glad you stick to 1 lot. Some greedy people will go 5-10 lots.
Trading is very lonely
  • #43,886
  • Edited 7:30am Sep 21, 2024 7:07am | Edited 7:30am
Quoting Zebi
{quote} "everybody" is jumping on him the way you say because he and bflyfx who is banned did the same thing to everybody who had a different view the last month.... do you even know his backstory?....he was insulting and demeaning in the euro only thread until ATA kicked him out in april....then he settled in T721's new cable & other pairs thread...T721 even invited me and others to join in when he gave pedro a safe space in his room and I declined saying I didn't want to be a disruptive influence since I'm a contrarian trader and go against the...
ATA is a guy who claimed once he had over 260 trades with no loss and when I objected because his losses were apparent, he just banned me.

The number of people he banned is astonishing and its clear guy has serious ego issues.
  • #43,887
  • Sep 21, 2024 7:07am Sep 21, 2024 7:07am
i came here for Skullcandy's posts and this was usually so quiet and civilised, how this topic changed.
  • #43,888
  • Sep 21, 2024 7:33am Sep 21, 2024 7:33am
Quoting Polimini
i came here for Skullcandy's posts and this was usually so quiet and civilised, how this topic changed.
because real traders use time to study and planning their next move so they don't have much time for these rooms. Although there're few with great ideas still remain here, but most of the time is for drama and entertainment only, to feel young, stupid, reckless once again.
  • #43,889
  • Edited 8:50am Sep 21, 2024 8:17am | Edited 8:50am
Quoting Fardeen1209
{quote} Many times, this is why price structure is crucial. If there is no external shift why would i open swing shorts? And its been a while i said, candlestick and labelling is not something i trade, but structure of the market. {quote} Since we dont control price, when price dont unfold as per our labelling it means our labelling is wrong. We are not a tree and can always subject to revision. This is what EW is all about. Wave counting gives the probability for the next possible wave, price structure confirms it The wave counting...
ok, now you got a point.

i dont believe in Elliot wave or any wave analysis that based on Fibonacci levels, its fucking insane.
And i will explain exactly what im saying.
when Price is in ATH you cannot predict price.
the Fib levels must correlates with S/R levels.

the simple example is..
if you will look to trade Elliot waves based Fibonacci levels only on very bearish market, and you open very HTF, and start to count.. you will see some levels below the 0...
  • #43,890
  • Edited 9:22am Sep 21, 2024 9:03am | Edited 9:22am
Quoting steffile
{quote} Thank you, Sir! I tried to install the indicator in the metatrader5, unfortunately it did not work, I am going to figure out how to solve it. It would be great if you could share the Gann signals and the charts. Have a relaxing weekend.
_________ it is for MT4 , I shared it ALL cuz mebbe soon I'll go to Ukraine = to Fight these stinkin Commies
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Don’t focus on making $$$, focus on protecting what you have.
  • #43,891
  • Sep 21, 2024 9:11am Sep 21, 2024 9:11am
Quoting luckytujuh
{quote} U know u remove the lots but the amount is there and the entries are there. People will count and understand that some of ur trades are 1 lot. Some are above 0.5 lots. But overall its a good trade. Just that. Lessen your number of trades. I see many breakeven trades. Because ur account is quite big. Profitted 1.5k increase of 0.99% . Good account you have. I can already know how much your account capital is, but good job mate even with that amount. I am glad you stick to 1 lot. Some greedy people will go 5-10 lots.
tbh i don't care because the lots are automatically calculated by my position sizer so every time my risk is small but thanks
...I Bet You Ain't Never Seen A Donkey Fly!
  • #43,892
  • Edited 11:36am Sep 21, 2024 10:11am | Edited 11:36am
Checking pa gold , likely continue bull with minimum correction . Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #43,893
  • Sep 21, 2024 11:12am Sep 21, 2024 11:12am
Quoting profits7
{quote} _________ it is for MT4 , I shared it ALL cuz mebbe soon I'll go to Ukraine = to Fight these stinkin Commies {image}
Oh! Worried to hear that you are going to Ukraine, is it your mission ?
I will try to install mt4, hope it works. Really appreciate all the help you have given me over the past few months.
Please let me know when you are leaving so I can say a few words.
  • #43,894
  • Sep 21, 2024 12:53pm Sep 21, 2024 12:53pm
Quoting Whale
{quote} ok, now you got a point. i dont believe in Elliot wave or any wave analysis that based on Fibonacci levels, its fucking insane. And i will explain exactly what im saying. when Price is in ATH you cannot predict price. the Fib levels must correlates with S/R levels. the simple example is.. if you will look to trade Elliot waves based Fibonacci levels only on very bearish market, and you open very HTF, and start to count.. you will see some levels below the 0...
You got it right.
Fib level with demand/supply level, mixed with price structure.
When price keep going like this at AtH, the extension based on previous swing length, can(might) be a possible zone for reversal.
If price structure confirms the zone and/or fractals of the unfolding wave also confirm it and/or candlestick form a wyckoff acc/dis like pattern, the reversal becomes more probable.

And the most important thing is having a good understanding of economics. It increases the probability for price to move from on your entry to your take profit.

Cause we all seen it, price bounce from a level, then later breakout happen. For price to bounce and hold in the direction of the bounce, it takes prevailing fundamental or a shocking one.

Trading does not consists of only one thing, it is hard.

PA is key to make decision, but to get consistency, it takes a combination of different tools to increase your net outcome and the number of time you will achieve it.

I told ya, its hard, its saturday night instead of partying i'm working, not many people are willing to put hours of work.
More time in the market, does not mean you trade better!
  • #43,895
  • Sep 21, 2024 1:31pm Sep 21, 2024 1:31pm
Quoting Fardeen1209
{quote} You got it right. Fib level with demand/supply level, mixed with price structure. When price keep going like this at AtH, the extension based on previous swing length, can(might) be a possible zone for reversal. If price structure confirms the zone and/or fractals of the unfolding wave also confirm it and/or candlestick form a wyckoff acc/dis like pattern, the reversal becomes more probable. And the most important thing is having a good understanding of economics. It increases the probability for price to move from on your entry to your...
Which is why not everything is for everybody. I love staring at the charts, analysis, news drama, talking about news, forecasting, constantly learning by listening to people who know what they're talking about.

I don't know... it comes naturally to me and what I mean by saying that is that I do not see it as work, but a pleasure, distraction from repeating life patterns.
High-Impact News for example give up that little jolt of adrenaline once in a while which is great haha.

At first, I didn't want to have anything to do with this, but somehow I just started trading. Of course, because I thought I'll make a ton of money quickly, dump my job and buy a car and a house in two years. Hahahahaha

Of course, this was just a wishful thinking and it was pretty depressing when I sobered up to the notion that this isn't going to be the case.
However, I continued to do this shit, because it's rewarding. Putting the work into this does pay off, eventually. For some it doesn't, because they quit before they can see it or some people just aren't destined to do this crap.

The main thing I love about this is that you always have something new to explore. Latest I learned is the importance of the debt market about which I didn't hear at all before and if I did I definitely didn't know about it's relevance to other markets...

Yeah... it gets tiring after a while, but never to a point at which it makes me want to quit it.
  • #43,896
  • Sep 21, 2024 1:48pm Sep 21, 2024 1:48pm
Quoting Polimini
i came here for Skullcandy's posts and this was usually so quiet and civilised, how this topic changed.
Skulls is in my room. He doesnt post here anymore because of the constant fighting.
TechKnow
  • #43,897
  • Sep 22, 2024 12:45am Sep 22, 2024 12:45am
Hello risking 5 % on my account if gold doesn’t come down soon I’ll take a loss .
On the challenge account risking less than 0,5 % even with 3 stoped positions I have 70% consistence .
I’m not nervous or worry and I’m sleeping well the nights if I lose it’s part of it .
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Scalping
  • #43,898
  • Sep 22, 2024 2:39am Sep 22, 2024 2:39am
Quoting guguxpto
Hello risking 5 % on my account if gold doesn’t come down soon I’ll take a loss . On the challenge account risking less than 0,5 % even with 3 stoped positions I have 70% consistence . I’m not nervous or worry and I’m sleeping well the nights if I lose it’s part of it . {image} {image} {image} {image}
Amazing gugu!!! Keep going! You're killing the charts!
...I Bet You Ain't Never Seen A Donkey Fly!
  • #43,899
  • Sep 22, 2024 4:09am Sep 22, 2024 4:09am
Quoting Techknow
{quote} Skulls is in my room. He doesnt post here anymore because of the constant fighting.
what do you mean your room? is that some place i can get into?
  • #43,900
  • Sep 22, 2024 4:54am Sep 22, 2024 4:54am
Quoting Polimini
{quote} what do you mean your room? is that some place i can get into?
Yes, I dmed you, 100% free. I still post here because I dont want to take away from the forum as I think a lot of good is done here. It is just a lot easier to keep up with following and trades etc when you are live rather than in a forum experience.
TechKnow
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