the wolf-pak method

Quote from alex.samant:

the word setup should be banned from the world of trading. really.

what is it with you people? you really think you see something that others don't? an edge does not come from a setup. it comes from play and money management.

what happened and what is to happen have no correlation.

see, this is the problem: you look at the past, and you look at the potential future. you are forgetting the present moment which is unique, from an order flow standpoint.

when you look back, there is the fake evidence that an event led to another, but it's fake.
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You are the one that brought the word setup into my thread dumbass.

I am explaining a method of reading price action.

It's not a setup, it's a behavior that can end up looking different every time. Every reversal is characterized by higher highs and higher lows or lower highs and lower lows. My method shows the mechanics of price action (support and resistance, order flow) .

It's a way to accurately measure real support and resistance.

Your post shows that you are either ignorant, or arrogant, or both.

Maybe u scalp level 2 and watch the buyer, maybe u watch the dom, maybe you hear that a big buyer is going to buy.... good for you. You are trading order flow. What I am saying is that there is a way to detect orderflow from the chart. Unfortunately, your past failures at doing precisely that have given you a bias and lets you be comfortable telling others that it only leads to failure.
 
meanwhile the thread got derailed by a bunch of other people who shared your failure.

I post a gem, pure price action reading, and a bunch of guys decide to derail it with technical analysis doesn't work.

Do you see an indicator? Did I name this as a pattern or setup? No, I called it an approach, a method.

Classic ET bs, if anyone wants to know more about it, they can PM me.

I will take the group discussion somewhere else.
 
Quote from alex.samant:

the word setup should be banned from the world of trading. really.

what is it with you people? you really think you see something that others don't? an edge does not come from a setup. it comes from play and money management.

what happened and what is to happen have no correlation.

see, this is the problem: you look at the past, and you look at the potential future. you are forgetting the present moment which is unique, from an order flow standpoint.

when you look back, there is the fake evidence that an event led to another, but it's fake.
More...

I love this.

the price goes up or it goes down, it doesn't do calculus or heiroglyphics. it breaks levels and fails to do so. place stops accordingly.
 
to the OP:

be well

maybe someday i'll show you a year's worth of your method applied on the EUR, with some momentum based adjustments, that led me to ... pretty much nothing. (hysterical winning periods when markets were volatile and long worn out periods of losses when markets were sideways).... your money management will save you, but psychologically, it's a failure... going in at work for a week and coming out unpaid ... that's a no no...
 
Quote from wolf-pak:

meanwhile the thread got derailed by a bunch of other people who shared your failure.

I post a gem, pure price action reading, and a bunch of guys decide to derail it with technical analysis doesn't work.

Do you see an indicator? Did I name this as a pattern or setup? No, I called it an approach, a method.

Classic ET bs, if anyone wants to know more about it, they can PM me.

I will take the group discussion somewhere else.
More...
Just continue please. Lets see what the method can do. jim
 
I'm a little confused. If you have an edge that works, why share it here on ET?!?!? Trading is a zero-sum game. You should be out to take money from other traders instead of sharing your edge.

Unless, it doesn't work :D
 
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