What Really Turned My Trading Around

[Relativity]

Learning is an endless process...lets just go ahead improving and exploring. Whatever it takes, life has to go on..

Its endless because there is always a need to return to the starting point in order to improve. No kidding LOL! Thats why I refuse to 'advance' further. There's nothing to advance if the so called fundamentals are not challenged.

[Relativity]

Its endless because there is always a need to return to the starting point in order to improve. No kidding LOL! Thats why I refuse to 'advance' further. There's nothing to advance if the so called fundamentals are not challenged.

This is kinda my personal philosophy in almost everything.

As an analogy, why are certain footballers successful? This is because they have very very strong fundamentals. To define fundamentals :

Physical Fitness
Mind Psychology
Team Work
...etc
The list will add up as the years go by, but the basic stuff doesn't change. It may take years. Some guys get it faster, some slower. The form may change, but the substance doesn't.

I apply the same to my trading as well. I hate to admit this but I do not see the need to rush anything. Its impossible to rush.

To improve, the pieces need to come together. Only when one has those pieces in mind, then the 'shortcuts' exist. Then one will be able to see them very very clearly. When I 1st started this thread, I always try to get myself away from giving out the shortcuts. I mean, what if the market changes?

This is why I always ask myself and others the same question : you need to know if trading is for you. Can't get away with the personal responsbility of consequences issue. Its a personal question. If one is driven by circumstances, then I hesistate to 'teach', in the case I 'get the blame'.

Based on my experience teaching others (not just in trading, but professional gaming as well), circumstances blind someone from focusing correctly. How someone handles their problems is really not my responsiblity.

Trading isn't just about trading. Its about who you are, your life, your thinking, your love, everything. Like it or not, its a bloody financial sport, liken to the roman gladiator pits. One may earn more in this line, but frankly, the average person is better off doing something else than trading. The truth is that not everyone is looking for money, no matter how screwed up this world is to pressure people to 'make money'

Think about it. Its impossible to 'make money'. This is one of those things that changed my life (and trading of coz, but my life comes 1st)

So I see that I don't owe anyone anything. So thats why you see, when you persisted to go to MP, I halted everything.

[shahrin]

Its endless because there is always a need to return to the starting point in order to improve. No kidding LOL! Thats why I refuse to 'advance' further. There's nothing to advance if the so called fundamentals are not challenged.

OK now..lets start again.. chapter one : CONTEXT..
What is context actually..?..

[shahrin]

Very appreciate your effort on xplaining this via videos.. Now will you provide us the statistical Indicator that you are using at the chart's bottom?..seems very helpful..pls..

[Relativity]

Very appreciate your effort on xplaining this via videos.. Now will you provide us the statistical Indicator that you are using at the chart's bottom?..seems very helpful..pls..

Google my screenname. You will find it.

[shahrin]

Google my screenname. You will find it.

Google "Relativity mt4 forex stat indicator"...cant find one..

[Relativity]

Google "Relativity mt4 forex stat indicator"...cant find one..

Its there. Use different keywords.

Trading is hunting for prey too. Be a hunter. Prey on the weak. Look for weakness. Learn its regularities. Stalk it. Wait for it. Catch it.

[Aztrader2]

Watched the videos 2 times (until now.... ) to be sure to understand the concepts.

Let's see if I've understood right.....

1) Impulsive wave is when is at least 200% of previous wave in the same direction, This is true for H1 (as in the videos), but, is it true also for H5 and D1 waves?

2)Whan a wave is about 3 Std Dev and LRleg channel is broken, is very propbable we have a Flat.... It can lead @ a reversal, or a continuation....

3 A bounce from 50% retrace of impulsive H1 wave should lead to a second impulsive H1 wave. The lenght should be about 100% of the first one.....


As we see in my image, we had the last H1 up wave that is > 200% of the previous one, also if starts below last H1 swing. Is this a correct example of impulsive?
Shall we wait for a 50% retrace to enter long? Or, considering the fact that it broke the previous H1 high swing (Resistance should become support). can we go long @ 20 pips from the bottom of the H1 actual flat...?




Note: Price bounced off exactly @ 50% retrace of previos H5 impulsive up move..... leading to the last new H1 impulsive up move.... Can we expect the second H5 impulsive up move?

[shahrin]

Rel..what is means by "the rule of 2.." mentioned on the 2nd video..?

[Relativity]

Watched the videos 2 times (until now.... ) to be sure to understand the concepts.

Let's see if I've understood right.....

1) Impulsive wave is when is at least 200% of previous wave in the same direction, This is true for H1 (as in the videos), but, is it true also for H5 and D1 waves?

2)Whan a wave is about 3 Std Dev and LRleg channel is broken, is very propbable we have a Flat.... It can lead @ a reversal, or a continuation....

3 A bounce from 50% retrace of impulsive H1 wave should lead to a second impulsive H1 wave. The lenght should be about 100% of the first one.....


As we see in my image, we had the last H1 up wave that is > 200% of the previous one, also if starts below last H1 swing. Is this a correct example of impulsive?
Shall we wait for a 50% retrace to enter long? Or, considering the fact that it broke the previous H1 high swing (Resistance should become support). can we go long @ 20 pips from the bottom of the H1 actual flat...?




Note: Price bounced off exactly @ 50% retrace of previos H5 impulsive up move..... leading to the last new H1 impulsive up move.... Can we expect the second H5 impulsive up move?

Here's a thought for you. Remember the inside swing thing I mentioned about for trends? Why I decided to use LRCs?

But we now need a tool to understand inside swings for flats in order to identify where to trade bounces. What do you think?