Market makers method candle patterns the truth

[TradingToTheMillion]

They don't use patterns, but then they use patterns for entry? What happens if you change the time frame? Yep, it changes the pattern, so change the time and you can create any pattern you want. Then you can say "O, if only I had been looking at THAT time frame I would have nailed it" then you vow to watch THAT time frame, only the next time it appears on ANOTHER time frame.

If they are making money with patterns then they know which ones to ignore and that my friend does not come in a manual

[nuvolenelcielo]

what you say is interesting, but you're exagerating. your system is not the only one that works. i use classical tools such as support/resistence, candlestick, volume, stochastics and bollinger bands, very successfully.

[TradingToTheMillion]

I am don’t feel I am exaggerating anything, neither am I saying that mine is the only way. You use your methods and that is great. However, I can guarantee that if you are successful you are not a strict pattern follower. You may ‘think’ you are but you are not. Patterns of the same shape appear, BUT and this is a BIG but. The CONTENTS of that pattern NEVER repeat. This is why (as I am sure you are aware) the same patterns provide different outcomes on different days. con/t

[nuvolenelcielo]

@TradingToTheMillion yeah, i'm not a strict pattern follower. I read your book a few years ago, very good, it really helped me me understand head-fakes and market makers games around sup/res levels. I mean, the profit release phase you describe in the other video, has a very distinguished and clean look on the chart, i would say it is some sort of pattern (the most reliable), and it's possible to use classical tools to recognize it and trade it, even if you don't know what's behind that...

[TradingToTheMillion]

That's why I say to those taking my DVD's who have concerns over my software. My software is a TOOL to do a job, its not the only tool.Most would not give up PAT for anything because they just hit the ground running and start making money and don't want to upset that.

Horses for courses....:-) My software gives the inside story, I like to trade knowing when & what is coming, but that is just my way.

[nuvolenelcielo]

@TradingToTheMillion but i agree, knowing what really goes on with market makers and the big institutional players, would make trading a lot easier, and the learning process faster...

[TradingToTheMillion]

Respond to this video... You likely have filters and all sorts of things set up on your charts. BUT you are only looking for ONE THING. You are looking for the profit release phase and that is where the buck stops or starts as the case may be

The markets are a BUSINESS not YOUR business, not MINE. We are there to provide liquidity and other means to assist the market makers in running THEIR business. This is my method in a nutshell...I trade the MARKET MAKERS BUSINESS not mine. Cont/

[TradingToTheMillion]

(3)Many traders still browse forums, chat rooms and watch videos, why? Because something deep down niggles even the most successful that there is ‘something’ else going on. My argument is that, the something else is the complete understanding of the market makers business and how it operates, once a trader gets that, once they fully understand they can look at any chart in any time frame and trade successful, regardless of so called indicators. (This reply reads from the bottom up sorry)

[NeoRioFX]

Thank you for this video, Martin. I have the utmost respect for you as a trader and teacher. Before I comment on this video, please know that I do so with sincerity and humility; knowing that these are only my opinions and views...and I could be wrong. What I wanted to say is that it is my opinion that patterns do actually work (much of the time). I also believe trend lines, Fib retracement (and extension) levels work, support and resistance levels work, harmonic patterns work, and many.....

[TradingToTheMillion]

@NeoRioFX The world is full of opinions, none of them necessarily correct MINE INCLUDED.

My stand is actually to a degree the same as your regarding patterns, where we differ maybe is my OPINION which is that all patterns are a result of manipulation.

[NeoRioFX]

I agree with you, actually...that all patterns are the result of MM manipulation. Even though we can't prove it, (just like we can't prove God exists)I believe that nearly every pip of movement is manipulated or allowed by the MMs. The reason I think patterns, Fib levels, S/R levels, etc, etc, do work is because those levels are where most traders place their orders or are willing to enter the market.

[KennyTC63]

@NeoRioFX I think that if an anonymous Institutional Spot FX Trader was to come on here he may possibly say that you are correct in what you say regarding the standard Retail Trader tools - but you are only correct because what Martin teaches, is, in the first place, correct..I've heard that Spot FX Traders can be very vague and very cryptic :-)

[NeoRioFX]

.....other commonly-used trading methods and techniques actually do work enough of the time for traders who are well-versed, to be profitable with them, including breakout trading. While I agree with you that M's and W's are not true Market Maker tell-tell signs that a trader can base a trading model around, there are plenty of M's and W's (or double tops and double bottoms) that do work out to be successful trade platforms. While I'm a firm believer that once a trader finds a method that.....

[NeoRioFX]

.....they believe in and are profitable in, they should stick to that method of trading; I also believe that it is not a good idea to close one's mind to all other trading methods and wear blinds so to speak that shield out any and all other possibilities for enhancing a trading method or style. The answer to successful trading for me is that it is something that comes from within and not so much due to the trading system or method. It's a very difficult business to be in because we have...

[NeoRioFX]

.....not only work against (or with) the Market Makers (and our brokers) every day, but we also have to fight ourselves (our own worst enemies) that can take a perfect trading model and render it useless due to our own lack of discipline, greed, or misreading the market, etc, etc. In closing please know that I'm a big fan of yours and look forward to all your videos!

Best Regards

[How2Harpo]

Well said Martin

[TradingToTheMillion]

@How2Harpo Thanks, nice to kick off with a positive comment :-)