- Search Crypto Craft
- scherzi replied Sep 16, 2023
Trading requires patience and low risk. When you are scalping, you are normally impatient and highly leveraged or exposed. You will not probably develop as a trader unless you cultivate that patience that leads you to wait for hours or days to find ...
Why do people entitle scalping as invalid trading approach?
- scherzi replied Sep 16, 2023
NQ offers more interesting expansions, intraday at least, but FX offers more setups for ppl living in Europe. You have the end of the Asian session, London preopen or the first settlement during the open time. Then you have London open itself that ...
Forex - A negative sum game for losers
- scherzi replied Sep 16, 2023
Car shop locations are random but, still, you can find one, and once found you can get a car. Job offers appear randomly, but still, you can just sit and wait for one that meets your criteria and get a job. People paths are random, but still, you ...
Proof That Forex is Random video
- scherzi replied Sep 10, 2023
Vortex mathematics is a hoax and has no basis; be cautious.
Analysis and Trading based on Envelopes, Waves, Cycles
- scherzi replied Sep 10, 2023
I would add a few more degrees of freedom to the formula. Price can move up or down 1 tick. 50% on that. Price can move up or down 2 ticks consecutively 25% of probability on that assuming independence. Price can move up 2 ticks and then 4 ticks ...
Why it is possible to predict price movement?
- scherzi replied Sep 10, 2023
And another final post for now. More about market structure and orderflow. Think in a candlestick and the hours, days of the month, months in a year or 6 years that have more volatiliy (candle size). Which is the typical shape of these long candles? ...
Discussions on Order Flow/Volume
- scherzi replied Sep 10, 2023
Regarding the structure, orderflow and volume or open interest. There are different ways to explain it. But the trading sessions (Europe/Americas/Asia) leave above and below them a lot of liquidity. Also the 50 % of the range they create define a ...
Discussions on Order Flow/Volume
- scherzi replied Sep 10, 2023
Hi, maybe it could also be considered that is not the surplus but the algorithms the markets are programmed with that move prices. Surplus may be a trigger, but also arbitrage, for instance, where the main target is not allocating orders but getting ...
Discussions on Order Flow/Volume
- scherzi replied Sep 10, 2023
The market maker is the market. I mean, someone that owns a set of computer programs and equipment that creates a digital market. One of the features of that software is pricing assets. Then pepople come in and interact with that software creating ...
Discussions on Order Flow/Volume
- scherzi replied Sep 9, 2023
1:1 RRR with simple orderblock setup on H1 tf after London markets open time. With potential extension below the closest support where SLs reside and there is liquidity to close our short positions with their sell stops. image Now, the same ...
1:1 Risk/Reward Frowned Upon?
- scherzi replied Sep 9, 2023
Secondly, many times it is your setup that dictates your TP and SL, meaning risk and reward. See, this is a typical ICT setup (1:2 RRR) with annotations of the premium levels that should be key to consider exiting before the TP if price requires it. ...
1:1 Risk/Reward Frowned Upon?
- scherzi replied Sep 9, 2023
Hi, I have been discusing this same topic with a few colleagues recently. I think 1:1 is something you can achieve barely 100% of the times, while 1:2 it is not like that. 1:3 is harder and 1:4+ starts to require multi-timeframe analysis. Besides ...
1:1 Risk/Reward Frowned Upon?
- scherzi replied Jan 26, 2022
Yes, this is for intelligent people who can think a few minutes without getting their brain saturated by a few details. I am leaving this shit of FF for good.
Is forex education misleading or everyone is stupid?
- scherzi replied Jan 26, 2022
I post what I want to. In this case, I am not posting anything else. Bye. You are added to my block list.
Is forex education misleading or everyone is stupid?
- scherzi replied Jan 25, 2022
What if... I have a dream (not a crystal ball). image
Is forex education misleading or everyone is stupid?
- scherzi replied Jan 25, 2022
Imbalance ahead, the odds are these. Remember, price does not move on a straight line. image Each timeframe offers a different perspective. None is wrong nor right. You will never be right when choosing your timeframe. image Reality vs ...
Is forex education misleading or everyone is stupid?
- scherzi replied Jan 25, 2022
Guess what I am thinking. image Do not forget to check if there are news to be released today. image
Is forex education misleading or everyone is stupid?
- scherzi replied Jan 25, 2022
In fact, roulette and blackjack are random and casinos live from them consistently making profits. Could anyone draw a roulette pattern other than a circle? Nope. It is just about probability.
Is forex education misleading or everyone is stupid?
- scherzi replied Jan 25, 2022
Do you think this m5 bullish ob will hold under the line? I do not know to be honest. image Decision making: Buy or wait. Or maybe sell. image Should I take partials or not? image Should I move my SL to BE or lower or higher or just leave it ...
Is forex education misleading or everyone is stupid?
- scherzi replied Jan 25, 2022
With the series of pictures above I have shared, I just want to show that trading is not about learning a few concepts. A lot of practice and money are required for trading and one needs to have that business mindset. Lazy traders or freeloaders, ...
Is forex education misleading or everyone is stupid?