Hi Erebus I’ll show examples when I have time in the weekend. The way price moves is via price discovery, meaning price moves in the direction of Ask / Bid imbalance till there is a no imbalance. In layman’s terms, type 2 Algorithm’s are coded to ...

Why do they say that trends don't work?

Hi Dimitrios Why are you presuming a bounce off a level is an always a trade against the trend. A level is just an area where concentrated resting orders are awaiting their execution. A bounce off a level can often be a rejection of resistance that ...

Why do they say that trends don't work?

Hi Erebus When to go Long on MT4 - All traders should only be entering long positions when they see rejection of bearish wicks on bullish candles at recent lows - whilst been prepared to go Short when they see rejection of bullish wicks on bearish ...

Why do they say that trends don't work?

What is a trend really? A bullish trend is the destruction of Sellers equity during a breakout event. A Bearish trend is the destruction of Buyers equity during a breakout event. But don’t listen to AI because it’s has it all wrong. It will mislead ...

Why do they say that trends don't work?

What's wrong will Buying a bullish move into new highs? It means someone is Selling and placing their stop above price which and when it gets executed, it sends price even higher at NO COST. It not Buyers that push up price, it's idiots that are ...

Gold

Hi Turnip What the Flash Trader was doing was never explained in books written about him so here is a simple description on how he was trading. By the way it still works today without spoofing but obviously not as profitable. He traded ES where he ...

The PriceBob Strategy

Hi Smmtrader Very nice trading in this thread which is similar to my trading style. On forex markets, I find you can use ATR instead of volume to give a clearer picture of current momentum. I personally trade the 2 minute chart over the 5 minute ...

Day Trading with Liquidity Zones and Price Action

Hi Venkatredy I believed he used the upper and lower BB band to discover his Demarcation Zone. It’s a Supply or demand zone established by observation of intraday charts where the bands rest. That may be a bad description so perhaps BWilliams could ...

LTSR System for Crypto

Hi Machine The Sell of begins when the imbalance occurs with Bids or Asks, not buyers or Sellers. When there is an imbalance of Buyers, or traders that are on the long side, IT MEANS NOTHING. What we want to see is Buyers adding limit orders under ...

LTSR System for Crypto

Its a wasted effort, historical data offers little benefit it producing future profitable strategies that work forward. It’s better to trade random systems with no edge and use money making strategies to produce a likely profitable outcome. ie. If ...

how long to study the signals of a instrument?

Hi Lekkim This looks really good so far using open interest with Binanace data, fingers crossed this strategy can work long term. The point I was making a few days back was we are trading on simulated markets using Crypto Liquidity provider’s who ...

Crypto Open Interest (OI) trading system by Lekkim

Hi Lekkim Welcome back and I hope you do well with this strategy. I used to trade Crypto live on line with a couple of traders here on Forex factory, one of them was Ryuryu who was a real gun at trading Crypto Derivatives. One of the major issues we ...

Crypto Open Interest (OI) trading system by Lekkim

Hi Vidvad Professional scalpers actually trade with often a 3 to 1 risk to reward ratio so a breakeven win rate needed for many scalpers would be around 75%. A good scalper would need to above 80% win rate to make real money but they need ...

(binned per thread starter’s request) A system to capture open

Hi Islandfx911 That's a setup I trade all the time, except I am first Long and then Short before you get your first entry signal. Its my secret sauce 92% winner. What is a Upthrust Bar? (Future's or Stock Market Bar) 1.. It starts with High Ask ...

(binned per thread starter’s request) A system to capture open

Hi EgoNoBueno I have traded both tick charts and time based charts for years but just find time based setups work better. For example on the close of every 4 and 1 hour candle, there is always tradeable action Tick traders are not prepared for, Back ...

5 second, 10 second and 30 second charts?

They are the most honest guys in town so NO issues there however the problem is the high leverage and low margin requirements to trade Future Contracts. For example you only need about $3,000 to trade Gold Futures single contracts (GCEM25) but if ...

The PriceBob Strategy

Welcome to the dark side Be warned that Future brokers have a saying. "we just like to keep our clients nice and happy short term because it's only a matter of time before they destroy their equity". Odds are higher you will blow your account ...

The PriceBob Strategy

But what about Delta rejection or to be move accurate, when Delta flips from strong Selling to Strong Buying over a 10 second period. Gold, NQ and ES all offer the opportunity to read the tape, let us know when Market sentiment flips for real ...

15-30 seconds entries based on Higher Time Frame Structure

Hi RoboSeer The take profit and stop loss was set about 15 points. What this test proves is one of the most obvious truths about trading also is totally confirmed for ES during New York open. The market moves in a way to trap the most traders on the ...

MePip 5M ORB Trading

Hi Codar You need to look at the 1 hour chart and look where recent lows are located. These are target big players will take out and you just got caught in a liquidity run for stops etc. Always have a 1 hour chart up and avoid fading as price is ...

M1 Countertrend Scalping Strategy