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  • #3,501
  • Sep 24, 2022 8:07am Sep 24, 2022 8:07am
Markets already have a built-in grid. That is price.

I use the common BRN from xx00 to xx00. From here you can break that into either quarters or fifths, xx25 or xx20. I have looked at both and for my purposes the quarters breakdown works best. A simple, adjustable sweet spot indicator suffuces.
Mark ... Everything you have been told is a LIE
  • #3,502
  • Sep 24, 2022 9:27am Sep 24, 2022 9:27am
Quoting BWilliam
{quote} Why price move up or down?
Apparently, some people here view this as a trick question. Or a topic where the details are unknown or unknowable. In reality, it is the key to long-term success in forex trading. I hope BWilliam doesn't take offense, but here is a possible stating point in finding the answer to the question. On January 2, 2022, the G$ was at about 1.3500, and closed last Friday at 1.0850; the E$ was at about 1.1375, and closed Friday at .9680; and the $Y was at about 115.00, and closed Friday at 143.30. Why?

But, IMHO, the really interesting questions are: how does price moves? Where is it going? And why is price going to where it's going?
  • #3,503
  • Sep 24, 2022 9:29am Sep 24, 2022 9:29am
Quoting BWilliam
{quote} Hi Bilal, if you read this thread carefully you will notice a clear distinction what is not allowed to discuss on forum, the sacred cows. I am now fully convinced about what's obliquely imposed on this forum by the crowd stays. Ofc I understand the reason why and I believe there are other silent lurkers who do understand as well. So this is my last post and comment on this sensitive topic. Cheers
Hey BW,

What you may call not allowed topic (sacred cows), may be as simple as the wording around it does not entice people to participate rather than the topic itself.

This is a continuation thread that has at its base, a discussion that has been ongoing for a few years. Most tend to shy from it now, but it has/does bring out some vile. From that base topic comes the discussion, if you accept the premise of the base topic in at least some form, of how to trade it. At this point things really start to diverge as there are numerous ways to take on this matter.

It is the how-to discussion which encompasses most of your queries. A drawback of trading theory discussion is that most of one's viewpoint is determined by how they trade. This results in different schools of thought. Even though these schools are similar, their approach is often different. Then there is the occasional third or fourth approach that pop in and out.

I personally do not respond much for a couple reasons. 1) My responses likely will entail aspects of my method (a somewhat specific method of another trader with slight modifications to fit me - hence, my method) and I prefer not to (up to this point) clutter this thread with my method. And the fact that I do not want to mislead anyone as I am also in the earlier stages of learning PA. 2) Many of my responses may come across as argumentive because I do have disagreements with some of the things you say. 3) the final reason is I do not want to go down some rabbit holes at this stage. While still in this learning curve I am staying away from any topic that will lead me astray from what I am currently doing.

In the end, much of any response or lack thereof is the wording and how others are addressed.
Mark ... Everything you have been told is a LIE
  • #3,504
  • Sep 24, 2022 10:01am Sep 24, 2022 10:01am
Quoting BWilliam
{quote} Hi Turnip, this post is not to criticise or offend. In my first few years of Forex trading I saw this pump and dump activity. I question myself, why can't I see this in real time, there's so much money to make from these pump and dump activity so many littered on our chart on all time frames? Omg, look at the 1m chart I'll be rich, I thought - I was obsessed with p&d, it's my secret gateway to the millions. It took me many years more before I realise what's the real problem. Questions, 1. How do we know how high this pump ? If you read ryuryu...
Hi BW..

Question 1 and Question 2 both have plain and clear answers.

The issue is you don't know them..Thus you then interject nonsensensical bullshit.

"line traders are lying, not real traders. This is the factual point"

Do you have proof of that BW ? Or does this come again from your thinking of "hey if I can't do it and I don't understand it ..it's a lie...".

I'm here to tell your dead wrong.

Did you know some of the world's best traders with public track records use lines BW ? That lines are a big part of their strategy... That lines can quantify and answer what you say you don't know ?

What's the difference between you and me BW...
Is this... You post all kind of generalized statements about how you know where the market is going .. that you know with a high level of probability..

You know what I say ?? I say Cool !!! Good for you.. maybe he will share something to enlighten us all... Even though I don't see HOW you do it..I understand this very important point.... I don't know everything.

But it seems those BW that you referred to in your lying line Traders and yourself have issues with your Egos... That you are somehow superior in your trading prowess and can't grasp that what you don't know or what you can't see makes it a lie. That's your ego BW.

I apologize for getting personal ..but when you start spouting off incorrect information calling it lies. Then YOU need corrected and is why I Say take a big grain of salt with what BW says...

I have no problem with you asking why does price go up or down... Good question.. it is your bullshit about traders are lying etc... The only lying trader is you BW and your lying to yourself and to others who read your bullshit. Maybe you need to go back to studying and testing to see how wrong you are.

Cheers
Blue
Master your Mind,,,Master the Market
  • #3,505
  • Sep 24, 2022 10:08am Sep 24, 2022 10:08am
Quoting sharingan9
Same set up. Each trade. Value found at bottom of the session because session broke below pivot. Value below pivot. I trade in the value direction. {image}
It seems apparent that this question and answer portion will never end, I guess it flows from a privileged background mentality. No urgency to earn, more like academic auto-eroticism.

Nice trade. Let's get back to work. Pivots have been used as a sentiment indicator. But it seems that the best entries for intraday are found around weekly pivs. Interesting. Might as well look into swing. Same old ideas from floor pivot trading now combined with time, price, and volume.

Sentiment, price, time, and volume combined to search for value.
The market hides a perfect geometry.
  • #3,506
  • Sep 24, 2022 10:23am Sep 24, 2022 10:23am
Quoting OAPDave
{quote} The Indicator just produces a Grid We all know a Grid is a Grid is a Grid On Its own it will not make you a dime You have to use your eyes to interpret ate it You can add anything you want to help you Shown is it set as a Fibonacci + a few moving averages It just lets you use your own imagination and can help with Risk/Reward {image} {image}
I do not know how can this help me. How can grid determine value?

The problem is with adding confluence, there will be no end to this addition because sooner or later, you will get exhausted because sometimes the confluence work, sometimes it won't.

So my conclusion was, I should know (means in the highest probability), in a consistent manner, where value is heading.

Perhaps grid trading is better left as a scalping strategy (no need for value)?

Time is of the essence here. Some people have the luxury to waste time and ponder endlessly until dopamine floods their brain inside out, but some of us just want to feed our family modestly.
The market hides a perfect geometry.
  • #3,507
  • Sep 24, 2022 10:31am Sep 24, 2022 10:31am
Quoting BWilliam
{quote} Ok Kev, you spoke your mind. This forum read you. Thank you for the reply to my questions. My questions were worded that addressed to no one. Cheers. Btw the particular sentence is written as, {quote} And if I misquoted ryuryu then I owe him an apology.

Hi BW

I'm quoting you and your agreement confirmation to the false information...

"That's why ryuryu wrote line traders are lying, not real traders. This is the factual point he tried to deliver, it got obfuscated by his rudeness."

This is the factual point he tried to deliver...
This is not Ryuryu it is you.
You have NOT misquoted anyone.. these are your words.

You are agreeing by saying "This is a factual point " Therefore you are saying line Traders are lying ..

Maybe that clears it up for you ?
Master your Mind,,,Master the Market
  • #3,508
  • Edited 10:55am Sep 24, 2022 10:36am | Edited 10:55am
Another guy asks why did GU end up here.

What the hell.

If I already know I don't have to suffer here.

It gets ridiculous and ridiculous everyday. This culture must end. This mindset of procrastination at the expense of others is the number one cause why the 95% are lost.

We are contributing to this madness.

We are swaying our brothers and sisters into insanity, we are swerving them to waste their time and energy.

We are the cause of other's misfortune. (perhaps you are trying to get breakeven with the time you have lost)

Just wait until karma hits you hard.

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The market hides a perfect geometry.
  • #3,509
  • Sep 24, 2022 11:01am Sep 24, 2022 11:01am
Gets interesting

https://m.youtube.com/watch?v=EEIiY2PQOCc
  • #3,510
  • Sep 24, 2022 11:41am Sep 24, 2022 11:41am
Quoting FulMargnAlch
{quote} I do not know how can this help me. How can grid determine value? The problem is with adding confluence, there will be no end to this addition because sooner or later, you will get exhausted because sometimes the confluence work, sometimes it won't. So my conclusion was, I should know (means in the highest probability), in a consistent manner, where value is heading. Perhaps grid trading is better left as a scalping strategy (no need for value)? Time is of the essence here. Some people have the luxury to waste time and ponder endlessly until...
Hi
I have no idea how to reply to your post
So I have deleted my posts
and will just move on
Bye
and good luck with your search
Dave
  • #3,511
  • Sep 24, 2022 11:54am Sep 24, 2022 11:54am
Quoting BWilliam
{quote} Ok Kev, it's up to you. You made your opinion heard. Let's put it at that. Btw no more replies to personal matters. Cheers
Hi BW...

Yes Ive made my opinion heard.. and silent I wont be.

Lets get this straight for ALL.... BW states that any and all traders that use lines are liars and are not traders.....

Is that a fair statement BW ? That is your opinion ?

This isnt personal between you and me...As you never referenced me when you said (Paraphrasing) "Its a fact all line traders are liars..."

You just took a swipe at a whole swath of traders so I am asking for them.

Perhaps you can verify exactly what you meant or do you just want to hop scotch around it and say its personal... You have stated that the only way forward is to have open and honest discussion. But you seem to not want to explain what you meant ? Is their a particular type of line ? ICTs lines... Grid Lines Horizontal lines
Pattern Lines.. Trend lines.. Moving Average Lines.. Fib Lines... YOUR FAV DAILY OPEN LINE.... HOD line LOD line monthly open line..

Please enlighten us to what Line traders are liars and not traders ?

Cheers
Blue
Master your Mind,,,Master the Market
  • #3,512
  • Sep 24, 2022 12:01pm Sep 24, 2022 12:01pm
Quoting OAPDave
{quote} Hi I have no idea how to reply to your post So I have deleted my posts and will just move on Bye and good luck with your search Dave
Please don't mind the last paragraph. lol. It's not for you.hehe

I actually asked a genuine question. So basically, grid system is good for scalping only? or maybe the stops are adjustable per grid?
The market hides a perfect geometry.
  • #3,513
  • Sep 24, 2022 2:05pm Sep 24, 2022 2:05pm
Quoting spzd
Markets already have a built-in grid. That is price.
1,000,000% CORRECT.

0 1 2 3 4 5 6 7 8 9 |
5 6 7 8 9 0 1 2 3 4 | /|
0 1 2 3 4 5 6 7 8 9 |/ |
5 6 7 8 9 0 1 2 3 4 |
MY GRID. Markets are NOT random.
  • #3,514
  • Sep 24, 2022 2:10pm Sep 24, 2022 2:10pm
Quoting FulMargnAlch
{quote} Please don't mind the last paragraph. lol. It's not for you.hehe I actually asked a genuine question. So basically, grid system is good for scalping only? or maybe the stops are adjustable per grid?
No, it is much more than that, but if you are looking at it the way most traders use it then scalping is all you will get out of it.
MY GRID. Markets are NOT random.
  • #3,515
  • Sep 24, 2022 4:40pm Sep 24, 2022 4:40pm
Quoting BWilliam
I have this one final post to make on Andy's thread. For those who click like to Kev's post#3515, my simple request to you is to make a post tell this forum in your own words to make your opinion clear with no ambiguity - lets read. My time on Andy's threads has ended. Thank you Andy for hosting my posts, and I stand by every word I wrote. Enjoy the forum. Cheers
Hi BW...
Why won't you answer my question ? You stated that it's a FACT that all line Traders are liars..

Can you please explain that's what you area saying ?
You quoted a member then immediately say ..This is a factual point...

Obviously inferring traders that use lines are liars and are not traders... These are your words that you say is Factual....

I'm just trying to get to the bottom of it... What lines BW ? FIBs ? DOL ? Lines between highs ? Trendlines...

Please clarify your "factual point" and perhaps even show us an example with a chart so we can all understand.

You talk of honesty and open discussion ...yet you are as elusive as a $3 bill...

It's put up or shut up time.. either your a liar as you call all line Traders or your simply misunderstood.. I tend to think your simply misunderstood... Hopefully you can clarify your stance on "What Lines?"

Looking forward to your enlightening reply..

Cheers
Blue
Master your Mind,,,Master the Market
  • #3,516
  • Sep 24, 2022 7:52pm Sep 24, 2022 7:52pm
Quoting BWilliam
I have this one final post to make on Andy's thread. For those who click like to Kev's post#3515, my simple request to you is to make a post tell this forum in your own words to make your opinion clear with no ambiguity - lets read. My time on Andy's threads has ended. Thank you Andy for hosting my posts, and I stand by every word I wrote. Enjoy the forum. Cheers Edit - my 3 questions remain. https://www.forexfactory.com/thread/...7#post14150677 Andy, I have a request to ask, if it's possible pls unignore RickM and ryuryu so...
BW

I will not allow those two individuals to post on this thread. I have been very clear on that.

The reason why has been very well documented here, and on the other thread.

For anyone new to the thread, Rick and Ryuryu attempted to lure traders into a private group trading crypto short in a bull market. Included within the group would be access to Ryu’s magic volume indicator which of course would be a route to amazing wealth.

All good so far.

Until Pete did did some digging and we eventually worked out, from Ryu, that trading was not possible due to lack of volume, only at certain times.

My point was, if they knew that traders were following an indicator on a very low volume market would they ( the two operators) gain an advantage of knowing before hand with a modified version that money was about to be placed.

The answer would of course be yes.

Very clever.

It just took a dipshit (me) to work it out, and Pete and Kev who are a world above my level.

The point is moot however with the trouble that crypto is in.

AFAIK they are now playing with Forex again. I may be wrong but really, I couldn’t careless.

I’ll say this as well.

Leaving aside Dave, Pete and Kev …… I haven’t seen one post, thread, comment or website that wholly convinces me that they it or what knows fully the internal operations of how why or when a market will stop, reverse or trend!

The very basic requirement to trade.

In finishing off it might have been noticed that recently I have been missing in action, there is a reason for that, I have become very comfortable in my trading skin!

Long live the Algo.

Andy.
  • #3,517
  • Edited Sep 25, 2022 4:38pm Sep 24, 2022 8:14pm | Edited Sep 25, 2022 4:38pm
Quoting moodybot
I haven’t seen one post, thread, comment or website that wholly convinces me that they it or what knows fully the internal operations of how why or when a market will stop, reverse or trend! The very basic requirement to trade. In finishing off it might have been noticed that recently I have been missing in action, there is a reason for that, I have become very comfortable in my trading skin! Long live the Algo. Andy.
Hi Andy, ok your call.

That bolded line, neither am I.
Including books and videos.
I don't waste time to check them out.

I'm happy to read your new found comfort. Seriously I am. Ofc long live the Algo. I may come across as contradictorily flip flopping, but no I'm not. Without algo I won't have my math. It takes deeper and more detailed explanation which I'm not prepared to do on FF. The confusion is understandable.

Imagine if there's no algo, we're all farked.
So go get em tiger. Cheers

***I believe you know I won't be back on your thread, nothing to do with you. You've been great mate. And thank you again.

***the reason why FF will never change. Where you stand(protecting the turf) on these taboo topics contribute to the mess on FF.
https://www.forexfactory.com/thread/...4#post14150694
https://www.forexfactory.com/thread/...4#post14150744
https://www.forexfactory.com/thread/...8#post14150768

Read post#3502 to see the difference. Someone who is not angry, and does not feel threatened.

***my first post.
https://www.forexfactory.com/thread/...0#post13464160
Know what you trade
  • #3,518
  • Sep 24, 2022 9:44pm Sep 24, 2022 9:44pm
Quoting BWilliam
{quote} Hi Turnip, this post is not to criticise or offend. In my first few years of Forex trading I saw this pump and dump activity. I question myself, why can't I see this in real time, there's so much money to make from these pump and dump activity so many littered on our chart on all time frames? Omg, look at the 1m chart I'll be rich, I thought - I was obsessed with p&d, it's my secret gateway to the millions. It took me many years more before I realise what's the real problem. Questions, 1. How do we know how high this pump ? If you read ryuryu...
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Hey BW

Line traders are lying not real traders... A fact you have stated...
Here are some charts with lines...and patterns too, as you say those dont work either,,,
So im wondering if you can tell me which of these charts are from Line Lying Not Real traders ?

As you have never backed up your words...I thought I might help you,,,,,with a few examples..

Lets Play spot the LYING CHART THUS THE LYING TRADER.....

Lets go.... ! ! !

Blue


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Master your Mind,,,Master the Market
  • #3,519
  • Sep 24, 2022 9:45pm Sep 24, 2022 9:45pm
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Master your Mind,,,Master the Market
  • #3,520
  • Sep 24, 2022 9:46pm Sep 24, 2022 9:46pm
Quoting BWilliam
{quote} I may come across as contradictorily flip flopping, but no I'm not. Without algo I won't have my math. It takes deeper and more detailed explanation which I'm not prepared to do on FF. The confusion is understandable. Imagine if there's no algo, we're all farked. So go get em tiger. Cheers
BW I'm oh so interested but why mention it if you are not prepared to go into it? I gave you the benefit of doubt. Not all use candle patterns. Candle sticks perhaps.
I've learned your blindness writings which are good. I understand Blue's point. You should answer that point - what lines are accepted to be a real trader? Are they vertical, horizontal, diagonal, demarcation etc...? Genuinely curious.

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