Retailers win sometimes, but an anecdotal example here won't save them the fact that at the end of the day most of them lose it all. Just imagine how many lost money trying to short this a million times before today.

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To take the exact opposite position of majority retail will, though. Unfortunately it's not possible to have a listing of them.

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Just don't forget that whales feed on krill, and that some of those "big funds" act like retail traders here. Which is why many go bankrupt. (I thank them for their donations)

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Alright then.

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Okay actually doing the math it's 3.4 pips from Oanda's charting package that it missed the close by from a couple weekends ago. We had institutional traders pushing price south that created the gap, retail wouldn't have. Every noob trader knows ...

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You guys are missing the big picture. Davit's fundamental analysis backs up the technicals pretty well. And did you really think they'd close the now 1 pip gap so retail longs could exit?

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Got my ideal long term entry. Now to hold for a few few weeks.

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Bulls are weak. Compare how long it took to come down and how long it's taking to inch upwards.

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There's also "deep mathematical logic" behind a simple moving average. That doesn't mean it's going to make you money. Trading based on divergence signals isn't going to make you money. With or without fundamentals.

Is divergence trading an effective approach?

Since I'm not trading a really large account I haven't taken a close look yet. But I'm not going to hold my breath, they find every possible way to screw us in the US.

Do scalpers make money in the long run?

I agree that it's more than enough to build a retirement on, even after taxes. It is a little weak, however - as said before I know others who make that percent in a week and do so with low risk. It requires an understanding of low level market ...

Do scalpers make money in the long run?

Bottom of box is my entry, top of box is stop loss + 1.2 pips for spread. Still holding it for my target but pulled my stop to break-even because if it gets back to this point I think my trade has a major problem anyway.

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Bingo.

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I think I missed my ideal entry to short. Giving a one minute zone short a try, could get stung for being tardy but we'll see if it holds. R/R would still be pretty high (8.8) even though my target would be closer.

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Probably won't get there. I see everything I need to enter a possibly epic short before it does.

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It's fine. To be honest I *think* I know the content by now but I'm still not 100% sure. I think FTRs can also be FL's and vice versa depending on what happened, but I'd rather not jump in, tell you the wrong thing with conviction and then have my ...

ReadtheMarket - Supply and Demand with Price Action

I'm just going to just wait for IF or one of the apprentice or higher traders to address this.

ReadtheMarket - Supply and Demand with Price Action

Well, I don't want to argue about it, although that doesn't match what I'm reading on RTM's definition. It's really not that important anyway...the main point is that we had the engulf, and an FTR formed and that was the signal to go short on ...

ReadtheMarket - Supply and Demand with Price Action

I think I understand what you're talking about, but the "FL" from my understanding isn't a FL. It's an FTR. A flag limit in RTM terms is at the end of momentum. The FL is at the bottom of of your flag after we had those big long liquidity candles. ...

ReadtheMarket - Supply and Demand with Price Action

Okay, for this one, the flag limit in the first picture is also an FTR. FTRs are the delimiters for price action zones. Regardless of how it looks as you zoom in, market participants are going to recognize this as a very important area to watch. ...

ReadtheMarket - Supply and Demand with Price Action