Golden Nugget

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Tavnaz

Well-Known Member
#1
Before i begin this thread ,i would like to lay down some framework for this thread.

Purpose of this thread is to provide the Indian public here at this forum with a positive expectancy system,and sheer reason for this new thread start was the post by dear Aryabhatta whose post i had been monitoring in the recent thread i had seen in here.You are right about MM and Psychology being provided as a stupid reason for failure,they are for most part just given as an excuse for a failing system.But they are very Important parts of trading arsenal.

1. I am willing to disclose some very common details about the way the FX market works,but the amount i am willing to divulge,is going to be limited,please don't PM me or pester me for consistent posts,I am a very busy man,i trade for lesser part of my day then get the f---k out of the market,and get a life of my own,I don't want another day job at my hand baby sitting noobs to teach them everything basic,or any one bit advanced in here then i am disclosing.
2. I may stop the posting part anytime ,once i feel the purpose of the thread has been attained.
3. I want the trading discussion on track,no side discussion.
4. You will not post the charts after the fact,you will give proper reasoning based on methodology,which i am disclosing and what you have gleaned,adopt this methodology to your Psyche and make it your own.
5. Please save your self some time,and effort by funding a small live account and putting this methodology to test,rather then playing silly games in demo account.
6. You will only fund the live account upto a maximum of 100 US dollars no more.
7. If you are very poor and cannot afford that much money please do not,get disheartened,save that much money and then fund this account.
8. Under any circumstance i shall not be liable for your losses.
9. Please don't refund the account after you have blown this very first 100 USD account ,because you are demoted to lower level,go trade a demo account for 2 months using this method,then refund your last account with same 100 USD,if this time you fail please quit.
10. To young people reading this thread get your self college education ,not everyone makes in this business,you don't wan't to ruin your life following a pipe dream.
11.To Old dogs reading this thread,successful in life in their careers,rules are the same for you,know when to stop a useless endeavour,if this methodolgy doesn't work for you,please quit it.
12. You guys will only follow this method on Eur/Usd,no other pair,for starts.
You can diversify your options later on.
13. If you don't know how to fund a live account you won't get any support here to fund one.
14. If you believe forex is illegal,you are right,but please don't pester anyone here with your legal advice.
15. Please realise time is your valuable asset,not the money,don't pursue this endeavour, if you fail at this, give up.
16. You will only trade 1 micro lots with this above said 100 USD account,trade successfully for 2 Months,then you are graduated.
17. For more skeptical traders,trade on demo account but only for 1 month.

Nuggets Revealed in the next Post.
 

Tavnaz

Well-Known Member
#2
Please read this post carefully.
You will not place any trade before 700 Frankfurt time.
You will not place any trade after 1600 Frankfurt time.
You must know what is MT4.
You must know what is a candlestick chart,bar chart,basic knowledge.
You must know what is a currency pair.
You must know what is a forex calendar.
You must take as much is provided with respect ,don't be a burden on others.
Help only the hardworker,not a lazy fool,so if someone here asks what is a moving average and what is NFP friday please excuse,and please don't help them.
Minimum education in forex is required.
 

Tavnaz

Well-Known Member
#3
1. There are only two types of price moves in Fx market.
A Volatility move.
A non volatility move.

2. So Prices going up and down are volatility move.
Sideways and slow moves are non volatile moves. do you agree.?

At any point price only has a frame of reference ,and the volatility.
Frame of reference is the time frame you are considering,Daily, 4 hourly,1 hourly,5 minutes to a tick.
Volatility is the ability of price to move up or down.

Price is independent of time,it only depends on orders buy or sell(volatility).
Next Post will explain in greater detail.
 
#5
whats the purpose of the thread ? :confused:
Good question as he already comes up with words like: Any Objections to above rules stay the f--k out of this thread.
 

Riskyman

Well-Known Member
#6
@ Nirav & Dan,

Let him roll a bit more and lets see whats in store. The thread owner is saying that he is willing to hand over a lollipop goodie (Purpose of the thread is to provide indian public with a positive expectancy system) under certains rules/conditions. Those that dont like rules/conditions can stay the f--k out.

Lets wait and watch to see if the goodies are really good. :) Jus 2 cents brothas!
 

Tavnaz

Well-Known Member
#7
Purpose of this thread is to provide the Indian public here at this forum with a positive expectancy system
Read the above in first post.
I am being disoriented from the main topic,so please let me explain,what is my innermost feeling once and for all.
Have you ever had the feeling to express your opinion so strongly about something that you go out of the way,to say what you feel deep inside your heart.I remember starting my forex journey by first posting here itself,many forex traders i knew ,we all newbies like myself had left long ago,even i had not posted in a long time.,so this very fine day 3 days ago, i stumble across this forum once again to my horror i find my fellow Indian forex traders are walking like blind men in a maze,I see there is this bold thread where we are discussing that forex is legal or not,and we have other threads with same undertone regarding the legality,but alas no trader talk at all.
On other frontiers i found ,keyboard warriors here, who only pay lip service to Money management and Psychology and are in my opinion rookies of this game,
Not a single chart or Trading based thread i could find in the last 3 pages in the forex section.
Why would i post here after 3 years,to divulge simplest observations which i couldn't find in first 3 years of my trading career.
Why would i stop posting here,is only because of the thankless opinions of noobs who thinks they know more then hardened veterans in forex,and due to other inexplicable reasons of which i can sum up in one sentence,the guilt and ego of a man who has spent years trying to learn this thing,who may not want to give up all what he knows to the learner who come across my thread

I am in a conundrum,i want newbies to learn these simple things without wasting time of their life,but other part of me says let them suffer,for only tough seas make a fine sailor,and why should they not suffer what veterans suffered through

I have a twisted personality,i feel guilty when i divulge something,but pouring wisdom in newbie minds give satisfaction that equalizes that guilt.
For those who question my motives after i wrote i won't post here anymore assume, i owe them something,which i don't.
I don't have to be with you for the rest of your lives for you to be successful.You have to fend for yourself.
Other reasons are my character ,i am a hermitt,i like peace and quite,i love to travel,i will choose my life ,over yours a billion times,so you may not find me here.
But i don't deny giving what i have decided,what i have written in the title i will provide,Over a series of posts.

The principles i divulge are applicable in any market,and these principles are yours to adopt and follow,once you read this thread

In nutshell i am filtering milk from water it is a thin line,giving this forex section something valuable ,are you guys ready,or you still are egotistical enough or skeptical enough or lets just say scared enough to cross the tunnel so you can see the light.
I asked nothing from you,want nothing in return.ours is a one night stand after which you and i both will be satisfied.
Or you want a marriage you decide??I am a commitment phobe. you will loose me if you try to bind me,
So what do you guys want.
 
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Tavnaz

Well-Known Member
#8
Good question as he already comes up with words like: Any Objections to above rules stay the f--k out of this thread.
I want to produce future Mr spock's(watch startrek) in this thread.
Rules are important,ones who can't follow simple guidelines in forex are doomed to fail.
 

Riskyman

Well-Known Member
#9
Purpose of this thread is to provide the Indian public here at this forum with a positive expectancy system
Read the above in first post.
I am being disoriented from the main topic,so please let me explain,what is my innermost feeling once and for all.
Have you ever had the feeling to express your opinion so strongly about something that you go out of the way,to say what you feel deep inside your heart.I remember starting my forex journey by first posting here itself,many forex traders i knew ,we all newbies like myself had left long ago,even i had not posted in a long time.,so this very fine day 3 days ago, i stumble across this forum once again to my horror i find my fellow Indian forex traders are walking like blind men in a maze,I see there is this bold thread where we are discussing that forex is legal or not,and we have other threads with same undertone regarding the legality,but alas no trader talk at all.
On other frontiers i found ,keyboard warriors here, who only pay lip service to Money management and Psychology and are in my opinion rookies of this game,
Not a single chart or Trading based thread i could find in the last 3 pages in the forex section.
Why would i post here after 3 years,to divulge simplest observations which i couldn't find in first 3 years of my trading career.
Why would i stop posting here,is only because of the thankless opinions of noobs who thinks they know more then hardened veterans in forex,and due to other inexplicable reasons of which i can sum up in one sentence,the guilt and ego of a man who has spent years trying to learn this thing,who may not want to give up all what he knows to the learner who come across my thread

I am in a conundrum,i want newbies to learn these simple things without wasting time of their life,but other part of me says let them suffer,for only tough seas make a fine sailor,and why should they not suffer what veterans suffered through

I have a twisted personality,i feel guilty when i divulge something,but pouring wisdom in newbie minds give satisfaction that equalizes that guilt.
For those who question my motives after i wrote i won't post here anymore assume, i owe them something,which i don't.
I don't have to be with you for the rest of your lives for you to be successful.You have to fend for yourself.
Other reasons are my character ,i am a hermitt,i like peace and quite,i love to travel,i will choose my life ,over yours a billion times,so you may not find me here.
But i don't deny giving what i have decided,what i have written in the title i will provide,Over a series of posts.

The principles i divulge are applicable in any market,and these principles are yours to adopt and follow,once you read this thread

In nutshell i am filtering milk from water it is a thin line,giving this forex section something valuable ,are you guys ready,or you still are egotistical enough or skeptical enough or lets just say scared enough to cross the tunnel so you can see the light.
I asked nothing from you,want nothing in return.ours is a one night stand after which you and i both will be satisfied.
Or you want a marriage you decide??I am a commitment phobe. you will loose me if you try to bind me,
So what do you guys want.
Tavnaz,

None of your rules required that one should be a Forex trader to post in this thread so I am taking the liberty to express what I am thinking. :)

Honestly, without knowing what you are about to share, let me start by saying that its always a "noble effort" to share knowledge with others. I appreciate your willingness to help fellow traders by sharing a "positive expectancy system". There are a lot of people here who want to be spoon fed and then there are guy who are sincere and who work very hard to learn new things. What you are about to share will be leeched by both categories. You cant help that.

Many people start trading in stocks/commodities/currencies because they think its a easy task. These are guys who have seen someone else getting rich in the markets so they jump in to loose their money. Maybe the reason why most people dont last long being traders.

I would suggest you get on with our original intention of helping people. You will, over time realize those people that are truly deserving for more knowledge and those that are unworthy of your time. Let there be no doubt in your mind about your intentions. Please start what you intended to. It helps a lot of people.

Good luck

PS: Im hermit like too (except that i talk too much at times).

PS again: And if you want to show your middle finger to someone, I suggest you use a smiley. It eases up a lot of unwanted tension :)
 
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Tavnaz

Well-Known Member
#10
For me to provide what i want to,our thinking regarding one important aspect should match.
That aspect is trend
Lets discuss Trends.
With the attached image you can visualize a sample downtrend.
just flip the image ,you will get an uptrend.
Please note ,i have not mentioned the time at all.
the green lines are all the lower highs,in the above down trend.
In short the price of the instrument is going down,
Blue is when prices are dropping.
Red is correction when price pullback.they make lower highs in green lines in that image.
Pink lines are showing prices making lower lows.
And that is what is happening in there.
Do we have clarity,on the above.??

First image is down
Second is reversed up change line color accordingly.
please see the next page for the images
 
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