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TRD

some more nuggets...
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took at trade on 1min (EU). Lets see if it has legs
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Please understand! We are not trying to predict where the market will go!
1. We anticipate daily range expansion in one direction.
2. Try to get the high or low of the day
3. Wait patiently for market to give us profits

We need only 2 things to find a good spot:
1. Liquidity pools (Where are the stops located?)
2. Space in trade direciton

Don't not over complicate. It's simple.

Three phases of price movment we anticipate:
1. Manipulation (stop hunt)
2. Accumulation (ITs accumulate positions. We too!)
3. Distribution (ride price for profits)
Quoting TheRealDeal
took at trade on 1min (EU). Lets see if it has legs {image}
Hi, many thanks TRD for your inputs. I would like to know how you manage when sometimes the market not take a clear direction after your entrie and move in a small range. Then several losses are possible, and also possible the market take the other direction. So in this case you swap your position? and seek for oportunities in another direction?. Thank you
The only constant is change
"
Quoting TheRealDeal
Please understand! We are not trying to predict where the market will go! 1. We anticipate daily range expansion in one direction. 2. Try to get the high or low of the day 3. Wait patiently for market to give us profits We need only 2 things to find a good spot: 1. Liquidity pools (Where are the stops located?) 2. Space in trade direciton Don't not over complicate. It's simple. Three phases of price movment we anticipate: 1. Manipulation (stop hunt) 2. Accumulation (ITs accumulate positions. We too!) 3. Distribution (ride price for profits)
"............................
words of wisdom.......however just by looking at this list i see that some time frame may be more appropriate to see these things going on than the other......i feel 4hr time frame is particularly flawed..........
Quoting littspaniard
{quote} Hi, many thanks TRD for your inputs. I would like to know how you manage when sometimes the market not take a clear direction after your entrie and move in a small range. Then several losses are possible, and also possible the market take the other direction. So in this case you swap your position? and seek for oportunities in another direction?. Thank you
No, i dont change my mind too often. Think about big money plan everything in advance before the session. If their plan fails, then i am screwed too
I enter few times at london open 1-2 times with tight SL. If i get taken out i stop. Sometimes i look at New York open, but rare. I have around 34% of winning trades. So many loses and few runners

Accumulation happens during ranges. So it is important to enter IN the range. Ideally just before price decides to run.
took half off. Now its up the the market!
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  • Post #28
  • Quote
  • Edited 6:33am Oct 21, 2015 6:10am | Edited 6:33am
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Quoting TheRealDeal
{quote} No, i dont change my mind too often. Think about big money plan everything in advance before the session. If their plan fails, then i am screwed too I enter few times at london open 1-2 times with tight SL. If i get taken out i stop. Sometimes i look at New York open, but rare. I have around 34% of winning trades. So many loses and few runners Accumulation happens during ranges. So it is important to enter IN the range. Ideally just before price decides to run.
"

could you system be improved to higher percentage wins.....though might mean taking lesser number of trades.
- So, how much????
"
Quoting Ziko9o8
- So, how much????
"......???,,,,,sorry what are talking about.....
Quoting TheRealDeal
Please understand! We are not trying to predict where the market will go! 1. We anticipate daily range expansion in one direction. 2. Try to get the high or low of the day 3. Wait patiently for market to give us profits We need only 2 things to find a good spot: 1. Liquidity pools (Where are the stops located?) 2. Space in trade direciton Don't not over complicate. It's simple. Three phases of price movment we anticipate: 1. Manipulation (stop hunt) 2. Accumulation (ITs accumulate positions. We too!) 3. Distribution (ride price for profits)
hi


About liquitdity pools, and talking 1 minute or 5 minute time frame, How many time can we consider this area how fresh and profitable?. Or maybe you do the liquidity analisys in higher time frame , so then you can look at several previous days. In my opinion a day can be like a year if we talk about 1 minute Tf, so i would consider overall the pools from previous days and to a lesser extent for two days at most. Thank you
The only constant is change
Good Morning! Yesterday we observed how the levels were hit exactly as anticipated in my previous post http://www.forexfactory.com/showthre...84#post8550784
I tried to get in with very low SL 3pips on 1min chart, but got taken out
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Quoting littspaniard
{quote} hi About liquitdity pools, and talking 1 minute or 5 minute time frame, How many time can we consider this area how fresh and profitable?. Or maybe you do the liquidity analisys in higher time frame , so then you can look at several previous days. In my opinion a day can be like a year if we talk about 1 minute Tf, so i would consider overall the pools from previous days and to a lesser extent for two days at most. Thank you
Every tool i use, i apply it on all TFs. And ofc HTFs have bigger importance. Because they run more on LTF
In fact i always start with Weekly, Daily and go down. Daily is the most important for me. It shows me what ITs plan in advance.
"
Quoting TheRealDeal
{quote} Every tool i use, i apply it on all TFs. And ofc HTFs have bigger importance. Because they run more on LTF In fact i always start with Weekly, Daily and go down. Daily is the most important for me. It shows me what ITs plan in advance.
" good day TRD....how do you use the daily chart.....is it basically if the close is lower than the open....its a down day....hence its better to look for sell trades...how do you get the level where to sell on the charts are they guessed or calculated...or based on the stops.......thanks in advance......
Quoting carbonado
"{quote}" good day TRD....how do you use the daily chart.....is it basically if the close is lower than the open....its a down day....hence its better to look for sell trades...how do you get the level where to sell on the charts are they guessed or calculated...or based on the stops.......thanks in advance......
I said already that i use same tools in all TFs.
I shared already my whole strategy.
Its in the screenshots and explanations in this thread.
Please read it again!


Do your homework:
1. Take an empty chart (TF doesnt matter for this exercise)
2. Imagine you have a position running from the top of a swing high.
3. Where would you put it after next swing? Where would you trail it on the way down?
4. Imagine when looking at daily charts where people put stops / where they trail them. Do they use previous highs/lows? Previous weekly highs/lows?
5. Where would you feel save if you have to trail it.
6. There are always liquidity pools above and below market. Which ones are stronger??
7. In which direction market would naturally go?
8. What is price looking for?
"
Quoting TheRealDeal
{quote} I said already that i use same tools in all TFs. I shared already my whole strategy. Its in the screenshots and explanations in this thread. Please read it again! Do your homework: 1. Take an empty chart (TF doesnt matter for this exercise) 2. Imagine you have a position running from the top of a swing high. 3. Where would you put it after next swing? Where would you trail it on the way down? 4. Imagine when looking at daily charts where people put stops / where they trail them. Do they use previous highs/lows? Previous weekly highs/lows?...
"

thanks......
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Quoting PenelopeLost
Hi. I'm new. I'd like to subscribe to your thread but first I have a quick question: From what everyone tells me the top two points in your first thread are very important. I thought I should follow your advice and ask: Are you a long term profitable trader and if so can you provide some evidence of this? If not and you're just sharing the way you're trade, then that's cool but I think it'd be good to get some clarification so we know whether to study your methods or if we are just discussing ideas. Many thanks

HI TRD, I think you might have missed my post, here it is again. look forward to your reply​
Quoting TheRealDeal
Please understand! We are not trying to predict where the market will go! 1. We anticipate daily range expansion in one direction. 2. Try to get the high or low of the day 3. Wait patiently for market to give us profits We need only 2 things to find a good spot: 1. Liquidity pools (Where are the stops located?) 2. Space in trade direciton Don't not over complicate. It's simple. Three phases of price movment we anticipate: 1. Manipulation (stop hunt) 2. Accumulation (ITs accumulate positions. We too!) 3. Distribution (ride price for profits)
Hi TRD. First of all, thank you for returning to FF for sharing your insights on the market. According to this post, you said we only need 2 things to find a good entry: liquidity pools and space in trade direction. This confirms my views also. I evolved into a LT swing/position trader. I look at the monthly charts, try to identify LT reversals and/or range/wedge breakouts - trades with space in trade direction - and by space I mean >1,000 pip potential moves. The intention is to accumulate as much positions as I can in that direction. These are rare setups, maybe a few per year. For entries, I go to daily time frame. This is where the struggle begins. I need entries that I can bring to b/even as soon as possible. Hence, my questions: how do I use the liquidity pools in my favor? Feel free to reply or to ignore this post. I'll take what I can get Thanks.
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