Hi TimeTellls. The thought behind this comment was that directional bias may become clear before momentum develops, which can be a low, or the lowest, risk trade in the push forward. It's the trade I keep open for a few days, until the next change ...

Real or Algo

The great algo in the sky has let me sell G$ and GA this morning in a continuation of trading last week. If you've been buying, I've been the knife? Lol...hope you are well and I look forward to more discussions with you. Best wishes.

Real or Algo

Well done!

Real or Algo

In the case of a trend change: after the confirmation that direction bias has changed, and targets in the new direction are reached, tested, and breached (this implies that there is evidence that bank trading processes are being deployed). And btw, ...

Real or Algo

Hi RickM, I don't know if you are missing something, or maybe I'm missing something. I rely on my proprietary charting service to imbed volume information into several indicators on my charts. So tape data is not something that I spend time with. ...

Real or Algo

I admire your enthusiasm. But, there will be no GameStop-like opportunities or moments for retail forex traders. Retail forex traders have no impact on chart formation. None. Zero. Zip. The idea that we do is wrong, but in fact, is wasted thinking. ...

Real or Algo

The notion that bank traders have complete access to order flow is wrong ( they mostly know order flow details for their bank, with less access to orders from other institutions). But order flow, tape data, etc offer up a very incomplete picture of ...

Real or Algo

If this single algo with its ubiquitous market control was responsible for the PA on G$ yesterday and the GA this morning, then I owe it dinner and drinks! And RickM, I am much more interested in the destination than the journey. As long as PA fits ...

Real or Algo

In recent history, markets melt down because humans temporarily lost control of the algos. The rest of the time, humans control markets, and always have. Market theory explains why greed doesn't lead to meltdowns. And meltdowns are rare in the forex ...

Real or Algo

Just skimmed this thread...very interesting material. Couple of thoughts: 1. Janet Yelled, the US Secretary of the Treasury, is responsible for currency valuations of the US$. She is not an algo. 2. Jerome Powell, the Chairman of the US Federal ...

Real or Algo

Hi Viktory hope you're having a good weekend. Let me unpack my comment a bit. Chart structure determine R:R. Whatever real estate is available on the chart, and where ever the chart says is your stop, represent R:R. Set ups are found in PA within ...

1:1 Risk/Reward Frowned Upon?

You have conflated two very different topics here: R:R and win rate. These 2 things are not the same nor are they related to each other, although they definitely contribute to your profitability. Let's stick with R:R which is the basis of your ...

1:1 Risk/Reward Frowned Upon?

Again, nothing thoughtful or intelligent. You contribute nothing. Nothing complicated about you or your thinking.

Trading is this Simple? Finally Explained simple and clearly!

You talk bullshit and then get offended when someone calls you out. You are a delicate little flower with no brains and nothing to add. I provided a thoughtful and intelligent answer to his question. You provided bullshit. Rude and impolite is when ...

Trading is this Simple? Finally Explained simple and clearly!

Greater levels of knowledge and understanding make things less complicated. You talk bullshit and add nothing to the discussion. Let me be clear: retail forex traders fail because they are too stupid, not because they are too complicated.

Trading is this Simple? Finally Explained simple and clearly!

Let's take a look at the job requirements for a junior trader (that is, someone who has educational and job experience in studying and understanding the forex market: The experience you bring: At least 1 year of professional experience; additional ...

Trading is this Simple? Finally Explained simple and clearly!

1. From the pretty chart in your post, your "broker sales team" seems to play an important part in this "manipulation" that's going on. Are you saying that "broker sales teams" manipulate the market (you know, of course, that they have zero impact ...

Market manipulation behaviours

If something is a problem it's not my fault nor is it my problem. I'm not here to give you solutions. And I understand what you said, I'm just saying that you are wrong. Do you understand why a market trends? Do you understand why a market retraces? ...

Trading is this Simple? Finally Explained simple and clearly!

'Please tell me if I'm correct.' No, you are not correct 'I'm not a professional trader.' Successful traders study the market not trading strategies. 'This is how trading really works.' No, this is not how it really works...not even close.

Trading is this Simple? Finally Explained simple and clearly!

Of course momentum exists in financial markets. It is the strength of PA due to changes in sentiment or an event. You see momentum by witnessing the angle of ascent or descent on the chart of the financial instrument you are watching.

MOMENTUM doesn't exist in trading