- Search Crypto Craft
- 2,502 Results (2,497 Replies, 5 Comments)
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RickM replied Dec 28, 2021Hi Livetolove If you want the truth, drop leverage and move onto trading stocks. Just buy an US index and buy pullbacks for the next 30 years. You will be in profit 100% guarantee you. OK, sound a bit boring but want a bit more excitement. Buy ...
Backtesting the Most Popular Strategies on FF
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RickM replied Dec 27, 2021Hi Whitesta The whole idea with George’s strategy was foremost to wait until price entered into his playground zone, before placing a reversal trade back towards the mean price. He would like his playground zone to include a target he had already ...
Price action at the core = family members' discussion project
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RickM replied Dec 27, 2021Hi Steve Quite the contray, the big boys aren't around to stop these lovely low liquidty grinds that are occurring today - its Christmas again this week on the lower time frames. Sure, there will be little big moves on H4 but those traders have are ...
Cable Update (GBPUSD)
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RickM replied Dec 22, 2021Hi Gepards I walked into a meeting at a prop firm a couple years back, with a chart like yours. You would get annihilated if you tried to use the term " averaging down" . I did and it didn't go well for me. Don't kid yourself its not martingale - ...
Forex markets seems to have changed
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RickM replied Dec 21, 2021How do you measure whether the concentration of demand or supply is enough to be valid. This time in your own words. Cheers
Forex markets seems to have changed
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RickM replied Dec 19, 2021Why do you think I use stop losses or place take profit targets on my trades? I don’t. Sorry to disappoint you but I am a liquidity trader which means I scalp liquidity imbalances that present themselves on the order book. Last week I took 436 ...
EURUSD
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RickM replied Dec 18, 202120 years under my belt trading Forex. If you knew half of what I know, you would be aware that each pair is either best traded with a breakout strategy or a reversal strategy. You haven't been around long enough to learn that fact have you. Keep ...
EURUSD
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RickM replied Dec 18, 2021A shit pair or perhaps you are using a stupid strategy that doesn’t work on EURUSD. Don’t trade something you don’t understand.
EURUSD
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RickM replied Dec 13, 2021It’s not that no one tells the truth, more the fact that traders that spend years of hard work away from family and friends shut away in a dark room, just don’t want to waste their knowledge by giving it away free to lazy traders.
The brutal truth of day trading
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RickM replied Dec 12, 2021Hi Chronus Maybe you should break down exactly what George as trying to do by using his TMA tool at target levels. He was measuring expansion of price as it entered into a playground area which contained his first Target. Using historical data, he ...
Price action at the core = family members' discussion project
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RickM replied Dec 8, 2021Hi Jay I feel a mean reversion system using order flow that’s based around the M1 chart is by far the easiest way to be profitable in the markets. Expansion of price is proportion to current volume levels, which should tell us that there is a ...
My way of seeing the market
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RickM replied Dec 4, 2021A scalp to me is a brief trade designed to achieve a positive outcome without use of any take profit or stop loss setting. The only objective is to turn a series of positive outcomes into a daily profit target within the same trading session. The ...
Scalping Techniques That Work
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RickM replied Dec 4, 2021Hi heispark Very good question but before I can answer that, but first we need to appreciate we are now talking trading a chart with hindsight. Its so easily to see a clear trading option after they occur, its not so easy to see in the middle of a ...
Scalping Techniques That Work
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RickM replied Dec 3, 2021Hi tiborf71 Forget the Delta for one moment, you need to establish what the baseline volume output is first, before understanding how to trade with Delta. Delta is the eforts of smaller traders to seek their own market direction in direct ...
Scalping Techniques That Work
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RickM replied Dec 3, 2021Hi livetolove The issue with crypto is many traders stack their liquidity at the first available position to avoid market trades which cost more to execute - about 1% for many exchanges. Therefore the DOM on crypto seems to be mainly cheap arse ...
Scalping Techniques That Work
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RickM replied Nov 28, 2021Hi Steve There is plenty of available indicators that for a monthly fee, will attach to a MT4 program to show real volume levels of various markets. I used to use one from FXCM called real volume which was a free indicator that showed volume ...
It's Unreliable
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RickM replied Nov 28, 2021Hi Steve You are quite correct that tick volume in my opinion is just a "activity metric" of tick activity, not volume which is of course executed market orders.. An extreme one minute candle at a reversal point can produce volume levels 30 to 50 ...
It's Unreliable
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RickM replied Nov 22, 2021Let’s just say he isn’t scared too increase his trade size just a touch to get a great return. When the wave rises to above 333 units per minute on the Gold chart, when all the MA’s and Delta are shouting SELL at you - some times you just have to be ...
Most volatile EU/GU/XAU/BTC trading