Yeah, I think this is where "variation of the theme" really comes into play. Based on Russss' answer we can make an initial identification as: Specific price action (pattern, magnitude, length, and direction) on significant levels. And often the TDI ...

M&W-Trading

Lol! Dan, you sound like a troll. The past few charts discussed exactly what the PF low and high are. Yes you're right in regards on the initial HOD and LOD. Basically what is created by the blue box. This is the general definition that I've ...

M&W-Trading

I see. I had an impression that Steve only trade at level 3. I don't know his teaching is so vague. There is no definite step 1, step 2, and so on. So generally speaking can we conclude the definition of PF as = high volatility, possibly with price ...

M&W-Trading

Thank you cja for a lightning speed and very helpful reply!

(REQ) Can someone please code a Bollinger Band indi for an indi?

This is what I meant by confusing PFs. To me they look like confirmed PFs. But I was proven wrong twice recently on GU. I'm not picking on the dealers based on just these 2 examples. It happens a lot in the past in various currencies. This is why I ...

M&W-Trading

Thank you kindly Joao I'm still far from even good. Looking at those trades, I realized now that only 1 was actually a valid trade, the EU trade. Purely because I was trading inline with the peak. With GU and UJ, I was trading against the ...

M&W-Trading

Fire it up I will, burn it if I have to. We are a bunch intelligent and able people with a very powerful trading method. There is ABSO-F*****N-LUTELY NO reason for us to fail, to back down. So let us set aside our personal agenda and I can already ...

M&W-Trading

I agree. Traders are a different bunch of people, earning money in a strange way. Trading gives a strange way to punish and reward traders. Successful principles in other businesses cannot entirely be replicate-able in trading. Definitely not for ...

Can you honestly earn a good living or even get rich through forex?

@Samer1907: you're one of the few successful combo traders, and trading with no loss is quite unheard of. Well done and Congratulations! @Kanzler: Every category that I put is a generalization. There are millions of variations of strategies inside ...

Here are the top forex trading strategies - honestly

@FX-Trader: that's my attempt on trying to find the PFs. On live trading, the result would be different because what I thought or seem to be a PF is often reviolated and I was proven wrong by the market by a couple of hundred bucks. @Mmaker: I'm ...

M&W-Trading

@ FX-Trader: I still don't know the formal definition of a PF, so I simply couldn't identify them accurately. It is quite subjective and it must be something more than just the pattern (M&W H&W, half a batman, Evening/Morning Star). But I've ...

M&W-Trading

Russs and FX-Trader, you have my sincere thanks. I do remember clearly when SM says never trade against the PF, BUT his rule includes an additional disclaimer: "out of level 1 consolidation." How would I identify a PF if level counting is not even ...

M&W-Trading

True MapleLeaf, it goes back to having the edge over the house advantage. Because forex is truly a gambling house with a massive house advantage. Making it impossible for casual gamer to make money out of it constantly. Every now and then luck, ...

Can you honestly earn a good living or even get rich through forex?

Tough trading day yesterday was =( Too many fake, illegit s****. Steve, why don't you come in to this forum and enlighten some of us here. / "I told you a thousandth time and I'm gonna tell you again, you only take crystal clear, pristine setups. ...

M&W-Trading

Uh... I was thinking for other people to teach us. Why would you want a losing trader like me teaching you Dan? I've just got a real whack in the butt following SM last week. But here's what I know to be true, and noticeable on relatively current ...

M&W-Trading

Muito obrigado Joao! You're another genius of SM method like FX-Trader. Thank you so much for the pics and the explanation. You're confirming my understanding and teaching me new things. Indeed what really matters are simply the accumulation, the ...

M&W-Trading

Thank you, thank you, thank you FX-Trader! It does make sense thanks to you my friend. It's now a matter of accurately finding the levels and recognizing the resets (the key exhaustion points) + recognizing it LIVE. It always make sense ...

M&W-Trading

Thank you so much FX-Trader. Great analysis. Steve never teaches us about fake M&W and fake TDI divergences, and to me his rule of never trade against level 1 consolidation rings so true only when the damage is done =( Yeah, I traded live with ...

M&W-Trading