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  • #1,461
  • May 22, 2022 6:08pm May 22, 2022 6:08pm
Quoting deanyakobs
PRICE ALWAYS MOVE TO TARGET 100% PRICE ALWAYS MOVE AWAY FROM TARGET 100%
PRICE ALWAYS MOVE FROM TARGET TO TARGET IN ALL TIMEFRAME (remember fractality)
PRICE ALWAYS MOVE IN NEAREST TARGET AND IN SMALEST TIMEFRAME FIRST WHILE EVERY PRICE MOVEMENT ALWAYS LEAVE A NEW TARGET


Forex is as simple, and complex, as what dy said

well done Deany

ain't no more to know
just learn how to implement

wishing a great week to all
  • #1,463
  • May 22, 2022 6:28pm May 22, 2022 6:28pm
a new week begins

all the best to all, trade safe, trade well

.
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  • #1,464
  • May 22, 2022 6:59pm May 22, 2022 6:59pm
Quoting TimeTells
{quote} surely not no couldn't be can't believe it do I see a historical post from ryu =============> {quote} <============= not only is it día del payaso but un burro, criticando las orejas In Oz we just call it the Pot Calling The Kettle Black come on ryu, roghera has pointed out the truth over on your thread I see so, a non-historical call from you this week, please (just j/k,...
The irony es muy Rico !!!!! Hahaha...
Only clowns achieve 100% WR...

This place cracks me up with them unicorn clowns lol...
Master your Mind,,,Master the Market
  • #1,465
  • May 22, 2022 7:13pm May 22, 2022 7:13pm
Quoting bluesteele
{quote}
The irony es muy Rico !!!!! Hahaha... Only clowns achieve 100% WR... This place cracks me up with them unicorn clowns lol...
it's
loco lol


The funny thing is Kev, you Andy & I all agree there is nothing wrong with how anybody wishes to trade.

ryu included, who has utilised rick’s ideas well, I can see,

but for the tool lol to run around on many threads, including andy’s, trying in his small-minded way to trash other traders' methodologies by talking up only his own and which have been proven by many to be just NOT really necessary (I don't say redundant, at all, just not really necessary).

So, not so much wrong.

But just uneccessary.

I had a look at ryu’s chart, for about five minutes, one he posted up on Dutchy a few days/weeks back
and his delta chart responded historically to Target trading sweetly, all without the spaghetti bowl full of indis.

Again, NOTHING wrong with his or anyone’s indis, they all show quite well market structure & direction,
but they are just not an ABSOLUTE necessity imo at the very moment when entering a trade, that is all.

Have a great week Kev
  • #1,466
  • May 22, 2022 7:37pm May 22, 2022 7:37pm
Quoting TimeTells
{quote} it's loco lol The funny thing is Kev, you Andy & I all agree there is nothing wrong with how anybody wishes to trade. ryu included, who has utilised rick’s ideas well, I can see, but for the tool lol to run around on many threads, including andy’s, trying in his small-minded way to trash other traders' methodologies by talking up only his own and which have been proven by many to be just NOT really necessary (I don't say redundant, at all, just not really necessary). So, not so much wrong. But just uneccessary. I had a look at ryu’s...
So true Pete...I don't have any issues with Roos methodology utilizing volume Delta..moving averages..distances etc etc... It's his holier than thou shitty attitude towards everyone else...

I know I've looked at his charts and yes they are completely tradeable without all the hullabaloo....but that's what some people need to see.. as their eyes are not trained as of yet to see all we see.

But with his martingaling and adding to losers ..he will blow up as I'm sure he has many times already with his gambler like money mgmt..

If he continues to disrespect everyone else he will dig his own demise...as trading has a funny way of being a picture of who we are in other areas of our life.

But as Andy said...he's like the long line of others that have come and gone... I'm surprised some of the other so called more experienced traders follow him...

Anyone who is espousing 100% WR adding to losers..martingaling...it all just adds up to.a disaster in the making... Fools nothing more nothing less .
Master your Mind,,,Master the Market
  • #1,467
  • May 22, 2022 7:40pm May 22, 2022 7:40pm
Quoting TimeTells
{quote} it's loco lol The funny thing is Kev, you Andy & I all agree there is nothing wrong with how anybody wishes to trade. ryu included, who has utilised rick’s ideas well, I can see, but for the tool lol to run around on many threads, including andy’s, trying in his small-minded way to trash other traders' methodologies by talking up only his own and which have been proven by many to be just NOT really necessary (I don't say redundant, at all, just not really necessary). So, not so much wrong. But just uneccessary. I had a look at ryu’s...

I also must say ..I've done about as much yapping about the clown as I can sparee... He's a waste of time period..full stop.
Master your Mind,,,Master the Market
  • #1,468
  • May 22, 2022 7:47pm May 22, 2022 7:47pm
Quoting bluesteele
{quote}
It's his holier than thou shitty attitude towards everyone else...

amen to that



Quoting bluesteele
{quote}
I also must say ..I've done about as much yapping about the clown as I can sparee.
agree, me too, back to solid trading for all of us now pal
  • #1,469
  • May 22, 2022 7:55pm May 22, 2022 7:55pm
I agree, if he stays away, that's fine, however that's his weak point. He can't.
He has to prove to everyone, including himself that he is the best.
In my old game that was a dangerous philosophy to have.
To become humble, now that's a life skill, and that takes a life to master!
  • #1,470
  • May 22, 2022 8:33pm May 22, 2022 8:33pm
Question for you guys who are trading Georges' principle of targets: Is there a systemic way you guys are determining targets? ie) Is it high/lows of fractal indi or something like that?

It's an interesting idea and I believe the idea has merit but it seems so subjective (like how do you know which target price will currently move to?).
  • #1,471
  • May 22, 2022 9:27pm May 22, 2022 9:27pm
Quoting wowzers
Question for you guys who are trading Georges' principle of targets: Is there a systemic way you guys are determining targets? ie) Is it high/lows of fractal indi or something like that? It's an interesting idea and I believe the idea has merit but it seems so subjective (like how do you know which target price will currently move to?).
Target theory explains how and why price moves as it does.

If an entity wanted to create the most cost effective way to trap traders, Long and Short, in doing so creating targets for a revisit at a later date, again a Long and Short trap, then the charts we see and the movement of price would suggest they have this down to a fine art and that volume manipulation alone would be hard pushed to explain it, so the use of targets would be an edge.

Then again price might just move through volume which in that case the mirror image charts that I see on multiple pairs and multiple timeframes is purely coincidental.
  • #1,472
  • May 22, 2022 9:35pm May 22, 2022 9:35pm
Quoting wowzers
Question for you guys who are trading Georges' principle of targets:
Is there a systemic way you guys are determining targets?
ie) Is it high/lows of fractal indi or something like that?
It's an interesting idea and I believe the idea has merit but it seems so subjective
(like how do you know which target price will currently move to?).

Hi w,

Every one may be different, but my own personal usage of what (George’s) Swing Targets are, is

Totally subjective


And that is the freedom, and for me, the beauty of it all.

I could not imagine (now), being tied back to an indicator waiting for it to tell me when & where to enter my trade.

To be a prisoner if you like of what that indi tells me to do, and when to do it, how to do it etc.
and to have NO independent or what I like to call freedom of trade choice (which is another topic entirely).
Sometimes I choose, even during setups, NOT to trade at that moment.

(And I do of course use indis, I’ve mentioned that before, for structure & directional confluence ie 1hr & 1dy)


I trade as what I will loosely term as, a freestyle discretionary target trader.

I open up a chart knowing only that price would either go up or down (ultimately).

And at any point or time on a chart I will have the two ‘current’ nearest targets observed
(but not too near, and not too early in the day in asia)
which are the one(s) above and also below the current price.



There are plenty of books, threads, PDFs around for reading on general Swing Trading.

George merely opened his eyes further and the eyes of others to what markets really do & they do it right in front of us,
which gives me the indication it is very well controlled.

(forget the industry sales pitch of trillions of dollars daily etc coming across our mt4 screens)

(yes, there are trillions of dollars a day moved financially between major Tier banks & Industry & Commerce. That is the real market if you like, but we in retail operate through brokers who upload trades to their own Liquidity Providers who may also move those trades around to other LP’s - depending on their own risk parameters - right up to Prime and then Prime of Prime LP houses which are then right at the door, or in the door, Intrabank - all IMHO that is, who knows).

Traders can only trade what we are given pricewise at any time (bid-ask quote) in a view and an interface.
And we should trade that with great consideration and care in regards to our own risk management parameters.

Like I say, others trade in different ways (Andy & Kev for example) even if we share a similar concept.

all the best
  • #1,473
  • May 22, 2022 9:37pm May 22, 2022 9:37pm
Quoting TimeTells
a new week begins all the best to all, trade safe, trade well . {image}

Chart update from the one posted three hours ago.

.
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  • #1,474
  • May 22, 2022 9:46pm May 22, 2022 9:46pm
Quoting moodybot
{quote}
Then again price might just move through volume which in that case the mirror image charts that I see on multiple pairs and multiple timeframes
is purely coincidental.

Hi Andy,
I think you showed me near enough 28 coincidences one week lol.
  • #1,475
  • May 22, 2022 11:21pm May 22, 2022 11:21pm
Quoting TimeTells
{quote}
Totally subjective

okay I had a quick ask about the term 'subjective'

it seems to have garnered a 'dirty' reputation in trading
(probably from some system or indi sellers though imho )


George explained it as simply being boundless

But it CAN incorporate ideas from past traders and their market views, it doesn't have to be own YOUR inventions, just how you utilise them
(I mean even the '70s lol had some reasonable 'trading ideas' )


This is not the ONLY concept either of being subjective OR boundless

It is ultimately just how we VIEW the chart price-progess in front of us

Removing the indis only helps by DE-focusing your attention away from your indis
- else I know folk will just look at how price FITS around their indi -
we've all done this, me also
- yet anyone will tell you the indi actually just catches up with the current market price-behaviour

for example show me what an ma indi looks like in a whip-saw situation compared to what price is actually doing


Anyway, i'm stretching again what I thought would be a quick post

Here's a chart showing some subjective thoughts from a post a while back

And pls don't ask the NOVICE question, that a beginner might ask ie - show me where is the "entry"


As the "entry" point for any trade MUST become - where YOU would enter on the chart (NOT me)
Solve that and you are nearly home.



have a quick look, only if you wish, at this simplistic example of subjectivity on a recent chart

Quoting TimeTells
GBPJPY {image}
  • #1,476
  • May 23, 2022 5:31pm May 23, 2022 5:31pm
A clean and clinical Target Trading Day yesterday


All Targets, both above and below current price, 'knowable' well in advance (ie non-historical )


No need to put up today's in advance, traders should be able to easily define Targets now.
Use them in 'conjunction' with your own methods, systems, indicators etc

Good fortunes to all, trade well, trade safe
Pete

.
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  • #1,477
  • May 23, 2022 7:59pm May 23, 2022 7:59pm
Quoting TimeTells
A clean and clinical Target Trading Day yesterday All Targets, both above and below current price, 'knowable' well in advance (ie non-historical ) No need to put up today's in advance, traders should be able to easily define Targets now. Use them in 'conjunction' with your own methods, systems, indicators etc Good fortunes to all, trade well, trade safe Pete . {image}
As always Pete.... well heres some Monday evening ramblings.....

The market is nothing more but a repeating daily pattern...Whatever TF does not matter due to the fractalness of the market.
One doesn't need any sort of indicators or volume or lines to trade the market....A bare naked chart with candlesticks is more than sufficient
to make a fortune with whatever market you choose.... But that takes time...alot of screen time...But applied screen time actually trading...

The markets move to highs and to lows,,constantly back and forth...from one target to the next. There are many ways to trade..
I trade a few ways one is to mark my targets..highs lows..opens..structure DT/DB..liquidity gaps, PFH/PFL etc.. and I will trade from them.(with a complete understanding of the psychology of the markets structures and as well the complete understanding of each candles meaning in that bigger picture)

There is an incredible amount of information in a candle and in candle formations..from the micro DT DB on a 1M chart to Engulfing 4hr daily etc candles.

The candles provide live Realtime data that if you can read decipher and execute upon will give you endless points/pips/dollars....

I think what is missing with most traders and is they dont understand how the market moves..

What is the intention of the market on a larger macro scale??? ...then you need to understand what is the intention of the actual candles on a micro scale. All markets move with waves and cycles...with practice the naked eye sees them all... With the naked eye one can even spot divergences without any sub window oscillator...only with your eyes..

Beginning traders all gravitate to the endless indicator hunt and thinking they need a high WR....Complete and utter BUNK... What traders who are not consistently profitable should concentrate on is HOW THE MARKET MOVES and WHAT INDIVIDUAL CANDLES MEAN in relationship to structure.

Petes posts should be studied in great detail...and if your truly serious Georges posts... Targets targets targets,,,,, and that does not implicitly imply that's what you are trading too.....

Cheers
Blue
Master your Mind,,,Master the Market
  • #1,478
  • May 23, 2022 9:10pm May 23, 2022 9:10pm
Quoting bluesteele
{quote}
I trade a few ways one is to mark my targets

..highs lows..opens..structure DT/DB..liquidity gaps, PFH/PFL etc..

and I will trade from them. (with a complete understanding of the psychology of the markets structures and as well the complete understanding of each candles meaning in that bigger picture)

Beginning traders all gravitate to the endless indicator hunt and thinking they need a high WR....Complete and utter BUNK...

What traders who are not consistently profitable should concentrate on is HOW THE...


Great post Kev,

All candles are definately NOT the same in relationship to market structure (not even the ones that "look" the same)

The more I think about it & how (some) set traders respond to another traders opinion is that it will always be difficult to impart, NOT just knowledge of personal experiences, but rather how to give folks what they really want from reading anything about Forex.

As everything you said makes sense to me.

The issue as I see with folks is they likely just want to find that special something (indi or method) that tells them ... "Trade Me Now"

no thinking, no analysis, no understanding of market structure or timing, just a indicator that yells "Trade Me Now"

And this is often an indicator or method that fails to isolate even the "correct" times of the day when that indi or method might be its most useful.

Some punters seem to be looking for a one size fits all trading tool that no longer requires any of their own thought.

I had to sit myself down at one stage early on learning about Forex (having come out of horseracing, lol, a different medium) and just ask myself ...

Do I have confidence in myself to be able to work out where & when I should be trading in this crazy world of forex.

Without having confidence in myself I would probably look for one indi after another till I understood (what I know now as a simple fact) that
ALL indis work (yes, ALL of them), just the same as all will fail a trader at certain places in certain market conditions/structure (& during pea & shell moves).


Once a trader determines YES they have confidence in themselves to make a correct trade decision, at the CORRECT time,
well then imo they could open up any one of the logical trade method threads here on FF, any one,
and then learn the WHEN to trade that method and under WHAT market conditions
(which often requires liitle more than using a Trade Simulator on weekends to "watch" market 'behaviour' at the TIMES most likely to be trading in the markets.)

Then it is a matter of finding out under WHAT market conditions or times of the day/sessions that the "method", or whatever, .... DID NOT WORK.

Simply then, a trader would be left with ONLY with the times, conditions, structures etc when the method DID work.

All I can say to a trader, after examining a market you are looking at RIGHT NOW, is to have CONFIDENCE in yourself
to be able to identify and say "Now is NOT the time to be trading this chart",
and then the times you cannot say this to yourself, with confidence, then those other times should be tradeable".

(Most traders do this in the reverse way, they only look for the times things might work, not, "NOT work" lol)

No one, (as BWilliam pointed out in one of his posts), should be forced into sitting hour after hour in front of a chart screen, watching 1min candles move up & down & around WAITING for that "one signal" that says "Trade Me Now". Not necessary.

This can cause all kinds of other cognitive issues by forcing that type of trading on yourself, or others.

Take a bigger picture look (by timeframe for example), and say with confidence to yourself ... no trade NOW.
When you CAN'T say this, then maybe you can trade (and it might cut out a lot of losing trades for newcomers and force them to FIND out when they can trade).

Please don't ask anyone ... where is the entry ... you actually KNOW where that entry point/time is (non specific)
It's just that you probably don't know ........... that you do know ....... yet.
With confidence - you will.

Lol Kev, folks will read all this and just say ... wtf pete, really .....

and then go back to searching or buying a method or indi from what might work for someone else (but maybe NOT for them ... again).

(meanwhile Targets might have already been set up by the market, & taken out, again ).

all the best lol
  • #1,479
  • May 23, 2022 10:05pm May 23, 2022 10:05pm
Quoting TimeTells
{quote} Great post Kev, All candles are definately NOT the same in relationship to market structure (not even the ones that "look" the same) The more I think about it & how (some) set traders respond to another traders opinion is that it will always be difficult to impart, NOT just knowledge of personal experiences, but rather how to give folks what they really want from reading anything about Forex. As everything you said makes sense to me. The issue as I see with folks is they likely just want to find that special something (indi or method) that...
WTF Pete ! Really !

Couldnt agree more ! The AHA moment when it all starts to make sense....(thank you George)

And I love this...so true... "(Most traders do this in the reverse way, they only look for the times things might work, not, "NOT work" lol)"
Master your Mind,,,Master the Market
  • #1,480
  • May 23, 2022 10:54pm May 23, 2022 10:54pm
Quoting bluesteele
{quote}
The AHA moment when it all starts to make sense....(thank you George)

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