Hi mysterio I'm also in the same spot selling BTC from the POC. My trade entered about 6 hours back but I only have a Sell bias on Crypto. All I see is distribution after that extreme volume bar yesterday. I think a break out from that bars range is ...

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

Common Sense is fine Robinhood, but first you need to understand the strategies a Maker Maker will use to move the market intra -day. Then you may see its possible for the small retail traders to also copy the Market Maker strategy's for great ...

Cable Update (GBPUSD)

If you trade like a Market maker, day trading is easier than swing trading to be honest, its totally skill based. If you check who are the top traders (not investors), they are day traders mostly and almost all don't trade Forex.

Cable Update (GBPUSD)

If MNQ is your main instrument, do you follow stock market open and close so you can trade at the gaps the stock market makes which are normally always transferred to S&P and MNQ direction. I would be looking at a possible short on MNQ if the price ...

Volman meets Burke or My journey with PA

I'll pm you

Most volatile EU/GU/XAU/BTC trading

Hi Papadas Just adding a twist to Ryuryus comments because we trade against HFT algo's so we need to have a smart approach. Kind of close papadas, the orderbook on low volume controls direction but it doesn't mean it follows imbalance. Imbalance ...

Most volatile EU/GU/XAU/BTC trading

S&P Futures Chart after New York Open on a day they are closed lol Anyway, here the volume is low with Limit orders having the balance of power. So an imbalance of excess Selling Limit orders drags price up, then when it flips to excess of Buying ...

Most volatile EU/GU/XAU/BTC trading

I'll say True but thats not the whole story. There is always a battle everyday and every moment to see who is stronger - current Limit orders or current Market orders. When Executed orders are strong (CME data on Gold +333 contracts a minute) Market ...

Most volatile EU/GU/XAU/BTC trading

Thats all it is. Limit orders hit the books that favour the shorts, most liquidity is now above price so the only option to make any big money is to go long. You can't sell when liquidity isn't there, but you can drop price even more to increase ...

Cable Update (GBPUSD)

You have a bigger problem than worrying about dead periods. The Day opens and close of any market normal creates large nodes on Volume profile tools which gives the impression that these levels may be important. Often they aren't important as the ...

Most volatile EU/GU/XAU/BTC trading

You can use a Volume profile for that, then the resistance is not unseen but its visible and very tradeable.

Most volatile EU/GU/XAU/BTC trading

Hi Teek I think the education is actually very good if you go to the right places. What the bigger issue is impatience, they use all sorts of excuses why demo charts are bad and how they can't trade with pretend money because they feel no emotion if ...

Cable Update (GBPUSD)

Hi Chucun I respect the time you took to look into the differences between Forex & Futures volume. Just remember that Tick volume is not volume, rather it's a measure of tick activity which may actually be more use to you as a trader anyway. We all ...

M1 Countertrend Scalping Strategy

Your'e on the right idea trading the smallest time frames, don't let those long time frame loonies get under your skin. Remember you can trade MES on MT5 via a futures broker and you pay no spread, just a contact round week which is ...

Volman meets Burke or My journey with PA

You need the volume indicator to confirm this action is real. Could of been a low volume fake out half way up - that's a great fade. If the move half way up was on strong volume - Buy Buy Buy Wish I was trading when it happened, clemmo did you trade ...

Most volatile EU/GU/XAU/BTC trading

Agree If you trade Crypto USDT coins, it’s easy to learn the crypto game. Trade a pair like XRPUSDT (or most pairs except btc and eth) when it’s showing good volume and all you need to trade with is $10 USDT. Its unlikely you could lose that amount ...

Most volatile EU/GU/XAU/BTC trading

Hi Chucun Here is two charts, Top - EURUSD from spot forex showing MT5 volume Bottom - EU6H23 which is the EURUSD Futures Version showing Futures Volume. Spot EURUSD & Futures EU6H23 are both connected by swaps, creating a way to measure volume as ...

M1 Countertrend Scalping Strategy

Scary Unlike a bank, if you push the transfer button to move the funds to your cold wallet and you get one data number wrong - its forever lost in that's magical space of no where. There is no way to get it back. And what if you forget your key to ...

Most volatile EU/GU/XAU/BTC trading

Please don’t believe that, it’s totally a lie and utter bullshit. For your own sake demo for a week on a Futures platform and see how it really works. It wouldn’t even be 1% close. As an example a 1 minute bar at the top of a big move may be 60 ...

M1 Countertrend Scalping Strategy

One solution performed by some crypto junkies is to store your coin in a Cold Wallet, then transfer over to your account at start of the trading day. After you have cleaned up (always need to believe it), transfer back to cold wallet later that day. ...

Most volatile EU/GU/XAU/BTC trading