Ok, just understand that when I say "imbalance", it is not exactly what it is written in your dictionary. Just that.

The brutal truth of day trading

Even if the optimization algorithms used to allocate orders and generate prices take into account the market depth, I assume that it would be inaccurate and vague to say that every price change depends only of the difference between supply and ...

The brutal truth of day trading

Yes, lol I (most usually) try to do this instead. That chart is bullish for me, so I will be waiting a Tᵢ level to go long. image

The brutal truth of day trading

This has been said before. Fatigue is bad for trading, because it induces you to take trades too early (FOMO). Yesterday, I lost 2 consecutive positions and decided to stop trading because I had headache. It seems stupid but I think that many of us ...

The brutal truth of day trading

However, @ArnodlPike, See this order-flow change now on London markets opening time. image Order-flow is not everything, I have not bought it because it is not actually at low prices within the current daily perspective and m15 rules over m1 ...

The brutal truth of day trading

Order flow is presented many times by swings sequentially and framed between zero levels. If you can anticipate to ascending an/or descending cannels, you get it. Prices usually go beyond longer-term swings to print the first leg and then continue ...

The brutal truth of day trading

Indeed, it'll take months. Even charter (private mentorship) students require about 2 years to start trading. There are tricks like trading only one side or trading only once per week to develop the most important skill: patience.

Order Block Theory - Institutional Trading Method

Regarding the use of one market to trade another. You may just find convergence and divergence of two dependent markets vs a third one leading these two, but you need more than pure correlation; you need an additional structure that can be mostly ...

The brutal truth of day trading

I am not going to answer your messages since you have indeed shown a lot of disrespect assuming I am not an expert on this topic and whishing me "luck". Bye.

The brutal truth of day trading

With m1 data you can test anything on H1 candles and higher. With tick data you can test anything. No difference to live. You can add spread artificially.

The brutal truth of day trading

Saying Michael copied Wyckoff is just plain ignorance. Michael refers to Wyckoff as one among the authors that inspired him on the market maker series. But also Larry Williams and others quite obvious when you see him talking about turtles and Wolfe ...

The brutal truth of day trading

Hi people. Interesting idea. It is powerful and it can be optimized even a lot with a few tricks. Anyways, have you tried to apply increasing lot size as you win instead of as you lose? I mean, iof pure martingale, that is asynthotic, just ...

My Trading System - Tai

I have not counted it, but order blocks would require studying around 150 videos similar in style to went series. And then practicing. As I say, this market break structure is sufficient and the effort required is more adequate for the average ...

Order Block Theory - Institutional Trading Method

Any white candle is a bearish order-block. Not just the last one before a swing. It happens that smart-money enters the game near swing areas, therefore most of the volume that initiates a drop lies within the last white candle. We expect some kind ...

Order Block Theory - Institutional Trading Method

Hi @RickM, which porgram/platform is it? regards.

The brutal truth of day trading

2% is too much imo. I think it is more realistic working with dynamic lot sizes starting at ~0.5% and ranging up to ~1% maximum of your total capital, independently of how much it is from it in your balance. If you, for instance, trade a symmetrical ...

Order Block Theory - Institutional Trading Method

Great. However, overconfidence can kill you in trading. My personal notes on ICT include hundreds of pages. That is why I say that it is better to go directly to the source due to the high degree of immersion that this style requires. Then one ...

Market Structure Only- keep your charts clean

See all my posts from today. All were made before the highs and lows were created. Nothing in hindsight.

Market Structure Only- keep your charts clean

The banks do not trade the opposite side when they provide liquidity. They just match their clients orders and charge a fee (commission) for it. If you are a bank and want to participate risk-free, you only have to take a position and use slippage ...

Forex Market Structure and Dealers

Well done, it is good to establish a limit. My initial guess for today is that last Tuesday could be the high of this week. Currently EU presents a price equal to the daily open for EU on Tuesday. If we want to print a wick on top of this week's ...

Market Structure Only- keep your charts clean