Feel free to send me what you like, I may delete the message if I don't like what I see. I can't afford to be associated with anything thats outside the rules of CME. I won't reply by PM in that case but keeping your privately intack, I can offer my ...

Anyone interested to test a trading strategy on my live account?

Exactly, probably 75% or more of all orders seen in the books these days are generated by Algo's. They are turned off during periods of major market indecision when they are unlikely to win, causing this massive liquidity loss to the markets.

Cable Update (GBPUSD)

For those who can't be bothered looking, it spikes due to liquidity being removed from the markets. About 80% of all orders are removed from the order books minutes before Red news hits.

Cable Update (GBPUSD)

I also trade ES so may I take a guess on what you could be trying to do. I hope your system doesn’t fade big resting orders - because that’s what every newbie does when in Futures for a short time. It may test well but always fails on a live chart. ...

Anyone interested to test a trading strategy on my live account?

Hi Uliserocker The obvious answer is those traders took a position, got it correct and kept on ADDING trades while in profit. So you need to make a call, then if you nailed it - place your STOP at breakeven and just keep adding till you win the ...

A winner with 94% of return in less than a month, how come?!

Who the fuck said that, some trading teacher?. One asset, you don’t need one asset to learn to become profitable. You need to master one playbook setup. A setup you can practice and master, then you can let the hand break off and throttle up. Go ...

Most volatile EU/GU/XAU/BTC trading

Ryan Looks like your mate over in the “Algo or Real” thread Andypants just started attacking Dave. I know, great friend. Maybe I got my wires crossed as well but both Dave and myself thought Andy was having another meltdown and attacking Dave ...

Most volatile EU/GU/XAU/BTC trading

Looks good Ryan, I need to find time to investigate this strategy

Most volatile EU/GU/XAU/BTC trading

Your’’e asking the wrong guy, never worked for a bank

Most volatile EU/GU/XAU/BTC trading

Resting orders is just a general name given to limit orders. Limit orders however could be “fill or kill” or many other limit types so it’s best just to use the term Resting Orders to avoid describing the exact order type it may be.

Most volatile EU/GU/XAU/BTC trading

False Ryuryu and myself have tried to prove that they’re is very little liquidity on a chart at any one time. Most liquidity sits close to price because market makers add liquidity only as required. 70% of liquidity on EURUSD right now at 12.43am ...

Most volatile EU/GU/XAU/BTC trading

Why do you think of that upside down? The market has to make a decision which way to go, that decision is based on the imbalance of Resting orders sitting on the books. These orders may be real or may be fake - it doesn't matter. There is at least a ...

Most volatile EU/GU/XAU/BTC trading

A take profit 10 - 15 points lower.

Stop Loss Hunting, Manipulation by the Smart Money in Forex

Hi Ferna You know and I know what I am going to say next because you are putting me into a corner where there is only one answer. You anticipate where there is weakness and trade accordingly. Bloody Excellent

Stop Loss Hunting, Manipulation by the Smart Money in Forex

The answer S&D fails is seen in the order flow data, of course after it fails. Reason 1 .... Cascading stop pools Reason 2 ..... Strong Volume with market trades in the bias of direction Reason 3 ...... Market weakness within the resistance zone due ...

Mysterio's Cable Corner -- Key Levels, Price Action & Order Flow

Taking my comments further, fishing for stop losses can be a worthwhile pursuit for the scalper. One of my playbook trades is to hunt stops on Gold future markets - but it works as well on Forex markets if you also have level 2 data. When price is ...

Stop Loss Hunting, Manipulation by the Smart Money in Forex

Hi Pat The name Smart money is so stupid, it makes me want to punch some one's nose. The markets have many levels of traders starting from the Newbie and ending at the Big player at the top. There is probably 12-14 levels where as a trader, you have ...

Stop Loss Hunting, Manipulation by the Smart Money in Forex

Hi Paymanz Tick volume is just a measurement of Tick movement. If the tick movement is high, it just means price is moving faster because of two things. More Market order executions .... More Volume More gaps in liquidity ..... Low Liquidity At the ...

Comparing tick volume in different brokers

What's a trend, does it matter when price moves too far from value. We can make money without a care in the world to the direction of current price - all we need to know is weakness and if an unbalanced order book is present. Tonight I decided to ...

Cable Update (GBPUSD)

Best post this morning with a trader actually not focusing on predictions. Nice plan, let’s wait to see if we see a thrust down candle first. At present the buyers and sellers can’t move the market, limit orders density is the boss at present

Cable Update (GBPUSD)