You really want to trade with EXPOSIVE volume during expanding bands or to be exact - EXPLOSIVE DELTA Unfortunately that’s data forex markets don’t offer which is why I mainly trade With Stocks or in Futures markets these days. I’ll just shut up now ...

Finding the trend

Hi RiskFighter Again you need to twist your thought process 100% The Bollinger Band indicator has been one of the tools I used to grow my stock account balance into a 7 figure amount since Covid ended. The trick is to find trending markets, you do ...

Finding the trend

His RiskFighter I believe you are looking at this concept in totally the wrong way. You should not be looking for markets that have already started to trend, you should be looking for markets that are DEAD. A market cannot stay idle for long because ...

Finding the trend

Trading confidence of course Peter. A confident trader can make thousands a dollars a week whilst a trader with no common sense probably adds to losing trades and uses no stops. Mate it’s just common senses Peterboy

Why do people promote dead knowledge and call it trading

Hi binnie Enjoy your time up in Port Douglas, an amazing part of the world to visit. I spend two months trading up there during the Covid lockdowns and it has an unbelievable rainforest areas reported to be the oldest in the world. Just don’t go ...

Williams%R, SAR X-over 15 minute candles

Hi driven Ha Ha your’e certainly love to voice your opinion here and there’s nothing wrong with that. Just trying to break down the numbers for the traders who like to trade with the Cum Delta indicator. Hope your trading is going well ...

Williams%R, SAR X-over 15 minute candles

Hi Guys Just another angle from a Volume guy trading Renko. Thought I would break down the numbers if you are trading ES on Renko after New York Open. As you expect, it likes to follow VWAP so that's another tool worth considering using. A real move ...

Williams%R, SAR X-over 15 minute candles

Hi Snowman That particular strategy relies on strong volume to create bigger swings on a Renko Chart. Its best used on US Index's during the first few hours of New York open to hopefully catch some big interday moves. You then use a Supertrend ...

The best idea for stoploss?

In those old movies binnie, the cowboys chase down the train on their horses and leap aboard 5 miles down the tracks. Do you realise that the most money loss in financial markets is because traders are too scared to chase TRENDS. All I see is strong ...

Williams%R, SAR X-over 15 minute candles

Hi Pescador You need a pair of glasses because I said the win rate is only about 35%, not draw down 65%. Draw down is about 5 to 7% which is acceptable when chasing huge winners. In live forward testing I add a Cumulative Delta indicator which ...

The best idea for stoploss?

Ultimately this is why most traders fail to become profitable. Focussing on how big or small a loss should be isn’t the X factor - it has no long term effect on traders profitability. All our time and energy needs be to redirected into developing ...

The best idea for stoploss?

Backtest your strategy and your'e find the right answer there. Generally for me, I just want top hit the Break Even tab as soon as possible so it becomes a stressless trade. But as a Stop is needed, go by the ATR of the market / time frame you trade ...

The best idea for stoploss?

Hi BW Well there will be plenty more big ego’s to argue with next year so see you then. Normal Algo’s will still have no chance in the modern market because HFT’s are coded to attack stacked liquidity. That means if there is more selling orders on ...

My Biggest Problem

Hi binnie The Cumulative Delta works 100% when there are many market participants trading simultaneously. This allows for the crowd to start trading Bullish or Bearish and we see a nice trend in the PA and the same trend in the Cumulative Delta ...

Williams%R, SAR X-over 15 minute candles

Hi Rocky Missed a nice trade 1 hour ago so just had to settle with this trade for about 28 Ticks. This is a trade with most of the volume information missing but kept the POC visible as a trend indicator. Again the Cumulative Indicator kept me in ...

Williams%R, SAR X-over 15 minute candles

Don't get me started on Algo's The fact is 99% of Algo traders spend on average 500 hours to design, back-test, forward test and then maintain just one single Algorithm that makes them ...

My Biggest Problem

Hi Rocky These are the conditions I prey for and have my scanning software searching the Markets for this very situation. Renko bars or time based bars, the best trades come soon after inactivity occurs. Its my secret sauce setup I never display on ...

Williams%R, SAR X-over 15 minute candles

That’s a chart from Crucial Point, a thread 14 years ago maybe the best work seen on Forex Factory. The point of the post is the markets is a Sine wave where the market flips on an equilibrium. Easy money can be made by just being long on one side ...

My Biggest Problem

Just like his first thread, it will sit here as a great source of reference for aspiring orderflow traders into the future. For years, I get private messages from traders asking me for reading material on Order Flow trading - now I have somewhere to ...

Renko Footprint Bricks & Strategy (Order Flow)

Hi Pipcruiser There are many trading platforms that allow Footprint Charts to be traded successfully, but a cheap way to get "the feel" of trading with volume data is probably Clusterdelta.com. Here you can download CME data directly onto MT4 or MT5 ...

Renko Footprint Bricks & Strategy (Order Flow)