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- ianf0ster replied Sep 11, 2016
Another interesting email from Boris Schlossberg. I am only quoting the last half since the first half is talking about which one of two strategies is the best - where in my view and I am sure that of all long term students of Ray, both strategies ...
Institutional Equivalent Education?
- ianf0ster replied Sep 8, 2016
Sometimes a news release is just TOO GOOD! The EIA Crude Inventories was a big disappointment for me I only made +1.4% on my account instead of the usual 3% on a more moderate release. My limit Long front-running the first big lower liquidity didn't ...
Institutional Equivalent Education?
- ianf0ster replied Sep 8, 2016
That guy I spoke to yesterday was very interesting in that he already had a buddy who has done at least one of Ray's courses. He told me he has been trading for over 25 years , used to trade the S&P but now only trades the CL. He seemed most ...
Institutional Equivalent Education?
- ianf0ster replied Sep 8, 2016
I was on Skype with a potential new Ray student last night. He told me that he Compass are preparing for Ray to do another full course of classroom sessions in late September or early October. So anybody interested should get on the early-bird offer ...
Institutional Equivalent Education?
- ianf0ster replied Sep 8, 2016
Sorry Muntu, I can't partner with anybody who has not taken Ray's course otherwise if I revealed the methodology I am using I would be breaking the Non-Disclosure Agreement. Over/Under cooked : Undercooked news is where the market is either slow to ...
Institutional Equivalent Education?
- ianf0ster replied Sep 4, 2016
I have just been attempting (and failing) to catch up with my emails from 'Your Trading Coach'. I have just been doing those I received in April 2016 and came across one which is about one of may major failings which is lack of consistency. In one ...
Institutional Equivalent Education?
- ianf0ster replied Jul 9, 2016
More interesting thoughts in the latest email from Boris Schlossberg: ***************************************************************************************************************************** Lies Traders Tell You 1. Trade with a Positive Risk ...
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- ianf0ster replied Jun 29, 2016
So you get an idea of the variety of differnt trade types Ray's students have learned, here is my skype andswer to a question fom a Self Help Group member about how I trade the Crude Inventory Release. The 'secret' parts part has been edited out and ...
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- ianf0ster replied Jun 29, 2016
An update on my post-Referendum trading: On Friday 24th I made +1% on the new post-referendum account size. Looking back I was trading too cautiously, due to being aware of the possibility of losing a lot due to overconfidence. On Monday 27th I made ...
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- ianf0ster replied Jun 28, 2016
No problem Dave, Although there are a few MT4 indicators which rely on 3rd party external data,they all have limitations compared to using the equivalent on a platform which has the correct data feed. One other thing, most of Ray's students Self ...
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- ianf0ster replied Jun 28, 2016
Please DO NOT try to trade just based on indicators of which you have no detailed knowledge. Do not attempt to trade just based upon a few things I have shared in this thread. Either go to a good system provider (if you need an indicator based trade ...
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- ianf0ster replied Jun 28, 2016
Hi Christy, As I explained above there is no Cumulative Delta (or any Delta) that I would use in MT4. I do not (yet) trade live in the Futures markets, so I chart on Sierra Chart with the free FXCM data feed which comes with it. I do use Cumulative ...
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- ianf0ster replied Jun 28, 2016
Hi Hostwey, You post is confusing for less experienced traders. Market Makers don't use Delta as such, Delta is purely a way of tracking what the Market Makers and the aggressive (i.e. non-responsive) Traders are doing. Market Makers look at ...
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- ianf0ster replied Jun 28, 2016
Hi djcash, I don't know if MT5 is an improvement, but the data supplied to an MT4 platform makes it impossible to show Delta and thus Cumulative Delta! MT4 data only shows Tick Volume not actual volume , but as well as showing actual volume it would ...
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- ianf0ster replied Jun 27, 2016
Hi Muntu, I was obviously assuming too much prior knowledge, so let us start from the simplest steps. 1. In order to Buy at the market (current bid/ask prices) a trader's order has to be matched up with a sell order of the same size or greater. In ...
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- ianf0ster replied Jun 27, 2016
Back to my occasional rants about the misleading, misinformed emails we get about trading: This time from Forex Smart Tools (Evelyn and Mindy): Their latest email is about the use of Intuition in trading. They say you need intuition and give advice ...
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- ianf0ster replied Jun 26, 2016
Some of you may wonder why after a +63% night and 5 consecutive winning days that I still consider myself to be not consistently profitable. It is because I need at least another month of positive week on week results before I will feel able to add ...
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- ianf0ster replied Jun 26, 2016
I see that Rob Booker has put out a video about advice for unprofitable traders. In it his big suggestion is to concentrate on doing just 1 thing (= trade type etc.) well. There is much merit to that, as I have mentioned before in this thread if I ...
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- ianf0ster replied Jun 26, 2016
OK that's the Market Maker Model - forget what Steve Mauro and others say, Market Makers only use Limit Orders so it is impossible for them to directly move the market, and they wouldn't want to either in most cases - unless their book was already ...
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- ianf0ster replied Jun 26, 2016
I think I may have got into a muddle explaining Withdrawal Of Liquidity in on of the news threads. So here is a more detailed explanation of how Market Makers work and why they do a WOL: A Market Maker is contractually obliged to provide Liquidity. ...
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