( binned per thread starters request) In the pursuit of the Marg
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thread: ( binned per thread starters request) In the pursuit of the Marg

  1. #1

    ( binned per thread starters request) In the pursuit of the Marg

    1) Inevitable




    Essence of a price move:
    a) To meet (fill) the best number of orders
    b) To induce the best financial harm to the best variety of rankings.

    Example for a surprising spike:
    Price moves from A to B ==gt; price B gets the best number of orders (attractor) AND the move incurs the best number of declines.

    The above could be invisibly and differentiated into different modes (not all price moves are exactly the same but the driving force is a) AND b) ).
    Hence a tendency may form and will last as long as traders are LOSING money. When the tendency is identified and traders leap in and also the WINNING positions become greater the trend will reverse to induce the best harm to the variety of WINNING places.

    The above -- a) AND a) -- along with its corollaries will provide you all exactly what, how, when and that you need.


    2) It is possible to fail many times, but if you do it right once is enough! - a 1 time huge screw up and it's around - it saves trouble and time. It might not be too late to ch up with all that you missed in life while pursuing your forex luck!

    3) Rule number 1: no leverage
    No need to create it too easy, I'm not an idiot (my opinion only). Eventually, this principle (and every axiom and tenet of suitable trading) will soon be broken because I see fit; Mistress Marie-Carmen is a harsh mistress and she'll get her due!

    4) All rules are unworthy and will be implemented or lost or broken at any time.

    5) A few parameters:
    -- trading session between 7:00 AM and 09:00 AM GMT, then off to work. Invoices are paid by A real job that.
    -- By 09:00 AM the acct will be horizontal or trade(s) at BE (see item 4)

    6) The train may travel some distance before quitting. Using a predefined stop loss is like standing in front of this (see item 4)

    Typical example:



    7) The aim of this game is to capture the area denoted with a 43, or any such number. . Because I am of a pizza, meaningless to me. On sane days there is a method to this madness, but on times there's madness to the method.

    8) In case you read this article this far (why?) And a few question is forming on your mind (I hope not) -
    read my FAQ that captures everything I have heard, discussed, witnessed and experienced about trading:



    Yes, it's all about packaging a egy and pithy opinions. I can hang my shingle as a market guru and charge a hefty fee for my own counsel and advice!
    A worst kind of vice is information.

    In actual trading - where the rubber meets the road you quickly understand that the map is not the land.

    View, I created a profound statement about trading; I'm all set to mentor!

    ... to be continued (may be)

  2. #2
    Session 16

    7:55 AM GMT

    Eurusd price ringing (order flow) at 1.3046
    (late) buy at BE now... done



    8:15 AM GMT

    Outside at BE
    Decision point at 1.3048 (MOB)
    Waiting...


    8:30 AM GMT
    Resembles a crappy session today.. Off to my real occupation and so pleased about that.

    I'm certain that there is a lesson here (The other side of session 13)


  3. #3
    Session 7

    08:15 AM GMT
    USDPJY order flow @ 93.41
    Short @93.36



    Too early. Hitting MOB today



    Currently -10. The beginning of the end.

  4. #4
    Period 1

    Buy USDJPY 7:57 AM GMT

    Orders coming in at 92.61
    Churn at 92.70

    Trade at BE, done for Now.


  5. #5
    Period 1

    Trade closed
    77 pips
    account .80 percent


  6. #6
    Period 1 (continued)

    Buy EURUSD
    Exchange at BE.
    Done

    Decision point at 1.3375


  7. #7
    Sec 2

    Flat on the euro (BE struck)

    - 8 pips on cable.
    ... missed the landing while searching for it. . (1.5575) oh well ...




    Sell AUD



    AUD out at BE

  8. #8
    Period 3

    Heavy churning gbpusd @ 1.5510 Place
    Gaming Extended



    Out at BE


  9. #9
    Sec 4


    orders coming from @ 1.3370 @ 7:57 AM GMT extended
    so Buy EURUSD
    decision point (MOB) at 1.3380
    Trade at BE, therefore I dont care.



    Out at BE.
    Poor but good.

  10. #10
    Session 5

    USDJPY 8:00 AM GMT

    Order flow at 94.11
    Missed it. Bummer...



    GBPUSD
    order flow at 1.5466
    looking to buy lower (1.5454)




    Long GBPUSD at 8:27 AM GMT
    1.4447



    Trade @ BE. This session is over.




    GBP upgrade ... in.

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