Yeah, but as the wise men keep proclaiming: Yeh, who let men follow his open mind will find no liquidity in the olde market! 
strategy is to be with the trend and try to be with the 1st big money who creates itā¦here u go in 2 steps:eur/usd yesterday 1st u got a trend tops and bottoms going down LL, LH ect, then u got a higher low and 1st green is where the trend CHANGES direction and breaks a top, and i buy it ā¦this is the 1st reversal for this M5 trend, stop is at the bottomā¦then we got a fakeie, but the stop survives, seccond green is where i ADD cos fakie has passed, direction is more than clear nowā¦how long u hold is another topic and its MY precious lol
noteā¦for theese tops and bottom i ASSUME they are tops and bottoms, there is no clear rule and it depends and it is up to the guy who is quoting the move right in this moment/the marketmaker/ā¦so u can see my bottom before 1st green is not a bottom at all, i was wrong, cos it got violated, and the stop is perfect below cos i dont want to be long in a down trend, but the market maker decided do do a double bottom after this and i buy at the break/ seccond green, cos now its clear what is going onā¦seccond green is the actual trend reversalā¦tata
Interesting, thank you for the reply.
this thing is nothing new and its basic trend following and trying to trend tradeā¦if u spot a larger TF D point in this area its OK u can say there is a pattern, and u can use it as confirmationā¦also if the trend were to continue down i can say your D point will fail and no point having your stop hanging down below to your next fib āāconvergence zoneāāā¦
see current trade g/j trend changes 2 early for me to trade /before frankfurt open/when price breaks red ,1st green is your 1st higher low , then u got a top your 1st top of a up trend, then u got seccond higher low /already in a good time for a trade/3rd green is 2nd higher low off a up trendā¦when it gets validized i buy cos i believe it is not 2 late for this trendā¦then i add expecting a break higherā¦stop are set +35 pips in total so i wait for the oposite resistance to go if it goes at all
all this is in the baby pips school LOL
So you bought at the 2nd HL the 3rd green box?
E: oh I see you take a break of the high correct?
1st long is when 3rd green validised as a HL, adding is after trend line break and M1 tf price action that i likedā¦here is a pic with the trend lines and see what price is doing when break 1st blue goes and resist from the next green, then comes back and tests the blue and goes up and break the greenā¦on the TL tests there are trading setups u cann use as confirmation, warning,adding, exiting, trailing stops,hedging/not in the USA lol BUMMER/ u can do whatever the hell u wantā¦
learn this:
how to build trendlines?
what are trendlines?
how strong is a trendline?
how strong is top/bottom support/ressitance lvl compared to a trendline lvl?
what is a test?
why there is a test?
what is top?
what is bottom?
what is trend change?
what is session lenght?
what time to trade?
what time not to trade?
which markets to trade?
which markets to avoid?
to trade news or not?
how to manage a trade?
how to manage risk/reward?
how to shave without a mirrorā¦oops lol
pitty, i did not see many of these Questions being talked about in this ridiculously long topic
Hi cashdemon,
I like the way you trade. It seems so simple but it has a lot of fundamentals behind it. I am a newbie and was wondering if there was a way I could contact you to talk about trading. Thanks.
Jusava
I agree with you Jusava97 and to add to that, cashdemon has a great attitude for trading too.
your trading method sounds interesting Cash.
perhaps you would like to elaborate and teach us somewhere?
Hi guys here is a AUDUSD 15/30MIN gartley that I found. I know C is not suppose to surpass A but it was not a lot of pips so I think it is ok?? It had excellent convergence at 61.8 of XA and it actually worked and retraced over 50 pips which I think is good for a 15/30MIN pattern. Let me know what you guys think.
Jusava
Hi guys found a possible pattern with excellent convergence at 61.8 of XA. It might trigger in the next few days. Let me know what you guys think. https://i.gyazo.com/ac7b56747b3218f8ac5d10b9e5a9c20f.png
Where is TmoneyBags by the way??
Iām alive
Iām going to study the Eur/JPY and find some patterns.
[QUOTE=ācashDemoN;742536ā]1st long is when 3rd green validised as a HL, adding is after trend line break and M1 tf price action that i likedā¦here is a pic with the trend lines and see what price is doing when break 1st blue goes and resist from the next green, then comes back and tests the blue and goes up and break the greenā¦on the TL tests there are trading setups u cann use as confirmation, warning,adding, exiting, trailing stops,hedging/not in the USA lol BUMMER/ u can do whatever the hell u wantā¦<img src=ā301 Moved Permanentlyā/> learn this: how to build trendlines? what are trendlines? how strong is a trendline? how strong is top/bottom support/ressitance lvl compared to a trendline lvl? what is a test? why there is a test? what is top? what is bottom? what is trend change? what is session lenght? what time to trade? what time not to trade? which markets to trade? which markets to avoid? to trade news or not? how to manage a trade? how to manage risk/reward? how to shave without a mirrorā¦oops lol pitty, i did not see many of these Questions being talked about in this ridiculously long topic[/QUOTE]
None of these topics are discussed because itās hard. Most people want EAās or signal providers to help them.
The pattern only describes behavior. The skill is in the interpretation of that behavior and using it to make a decision.
Hi TMoneyBags i am glad your alive , i am also looking at Eur/Jpy and i see it trading sideways for this whole week. I think is going to break out of it next week. Anyway have a great week-nd and we will do it again next week.
Hi mike, there is plenty of info out there for every separate discipline in trading so one can make it workā¦there is no secret know how or something like thisā¦But listen youselfā¦its hardā¦OMGā¦if its hard, dont do it and go flip burgers in faking macdonaldsā¦its easierā¦and u will be making money instead of loosing it right?
Most people want ESās u sayā¦and i say u must love theese people cos is their DUMB money we take on daily basisā¦god bless em all and their greedy mindsā¦the markets cant work without themā¦
here is what makes it hardā¦da faking workā¦the grindingā¦doing backtests for hours untill you eyeballs start bleeding internally and u want to comit sepuko : and here how it goes:
u pick a strategyā¦any strategy, 2 ma cross M15 lets sayā¦the clasick of all times
u set up rules: times for trading, markets for trading, exposure, risk reward, profit expectationsā¦ect.
u scroll at the end of your chart like 5 years back
u set 2 vertical lines to see your trading times
and u start looking for setups and count winning and loosing pips ā¦every one u need to calculate with a perfectly measured stop or target hit and write it down
then the calculations start and it looks like this:
2014, setups 231, winning 115, loosing 116
january= setups 23, winning 13, loosing 10, total pips=431, total draw down pips=-225, average trade lenght=2 hours, 34 min,% change in accout +9%,
february= setups 21 winning 16, loosing 4 ectā¦
at the end of the year u got a full COMPLETE info of what is going on based on passed behaviour on your trading strategyā¦after that if your trading strategy is + in profit you hold in your hands da holly faking shiny grail called a TRADING EDGEā¦
THIS IS HARD and this is tradingā¦all else is fish and chips
So after you calculate 14k rows of data and prove if a system is profitable or not you start trading it like a faking droid without looking at anything else, eyes on the prise madafakaaaā¦you worked hard for itā¦no point doing something stupid like thinking creatively and going down 5% a day because u deviated from ur planā¦this is where u need disciplineā¦do all this and u will be making money out of the crowd who change style every several months and keep refilling their accountsā¦show this to the big /smart money,and u will get account big enough u can buy a unicorn with golden balls if u like from your commission onlyā¦this is itā¦so rinse your illusions and get to work
this was the last post from me for this yearā¦
good luck 2 all
Hi guys,
The previous pattern I posted ended up activating last night. Only went into a 9 pip drawn down before ultimately reversing and going up about 55 pips. I missed itā¦ should have set up a buy limit.
Jusava
Hi i am lurking this site from almost last three years, now i decided to contribute with my trades, i have a question can i upload screen shots of my trade here?
Entered Long EUR/JPY @ 127.732, will post details shortly/
I canāt see anything on the EJā¦
noticed one earlier on the EUR/AUD h1 off the 8sma [x] , and converged nicely with an 8 hour msrt line, which hit around 10pm est, but didnāt trade it because of the time. Looks like itās working out thoughā¦
