[quote=GEfx;13795063] Hi GEfx Thats what I used to think until I realised that liquidity is often runs to zero on one side of the order book. Within spread distance, there can be Zero Buyers in a acute bearish spike for a brief moment in time. Large ...

It's Unreliable

Hi Lest No quite true, stop losses contain very little liquidity so its not the stops they are after. What they are doing is encouage smaller traders to open up positions to favour their bias. Its the market orders they are attracting, not the limit ...

It's Unreliable

Sounds like you are gambling with a trade size so large. Still I am guilty of the same act occasionally when I see AAA+ setups and that would be my point on this matter. My opinion is astute position sizing is more important even more so than smart ...

It's Unreliable

Hi KK100 The best way to profit with the volume information is to establish the minimal amount of volume needed to expand price, then draw a line on the volume levels. For example Ryan and myself look for volume on Gold above 333 units per minute. ...

Most volatile EU/GU/XAU/BTC trading

Hi Merka This was the high after New York open on Gold. I took a few longs on the way up but profited before the top as it paid enough. The money trade was to Sell when the imbalance flipped to Bid imbalance which I took with a large size trade. ...

It's Unreliable

Funny how the Peter blocks traders from his thread gets a bit upset when he’s locked out of other traders threads. Take some big breaths Peter - then realise no one actually reads your shit without laughing.

The brutal truth of day trading

We don’t need to care about long term intentions, what’s the point when you can make good profits every day and sleep while out of the market. It’s the best way to secure a wage if you need one. By the way, volume often does show us clear bottoms ...

It's Unreliable

Why do you even need to profit from 300 pip winning positions when it’s not needed to achieve your profit targets. I use volume as signals to enter into trades that last no longer than 2 to 30 seconds. I prefer to out of the market with profit as ...

It's Unreliable

What's missing from your list that the brokers won't give you? Why do the brokers tell us dirty lies that the markets have deep liquidity? Answer those two question correctly and you have find a trading edge.

It's Unreliable

What the hell is that dribble about now Peter. Real life?, having a different opinion is bad? As usual, a waste on 30 seconds of a readers life.

The brutal truth of day trading

Hi pipibrasci How true is that video, traders in a winning trade become pressimistic and traders in a losing trade become optimistic. I solved that by just hitting a position large and getting out before my emotions interfered with the position. ...

The brutal truth of day trading

My point is anyone that works a job is guaranteed a hourly or daily rate regardless if they work well or not. A trader that has a bad day and trades like a lobster can lose a week or months profits in a single session. Day trading is just trying to ...

The brutal truth of day trading

I don’t agree with your statement, it’s just fancifully. Yes, I do well with my trading and it’s provides me a nice lifestyle but it’s always secondary to a well paid salary or business than has bonuses. Check the facts, most profitable traders ...

The brutal truth of day trading

Add me to that list. Many days recently, the London session has been a major disappointment to trade. Even the Asia session has been better on some days. It has forced me to trade the sweet spot of volatility which is the London / New York cross ...

Forex markets seems to have changed

I am not a trader that knocks others that use lots of indicators on their charts, who doesn’t like Christmas trees lights. But on algorithmic trading, the problem is back testing with any accuracy. The historical data brokers give us is not the same ...

What's the most powerful trading platform for PC?

Honestly, forget algorithmic trading as it’s more a scam than a real money making vehicle. A powerful platform won’t enable your strategy to succeed because the markets are full of gaps which play havoc with EA’s coding. It got so bad, many ...

What's the most powerful trading platform for PC?

You actually said you prefer range bars over Bionic bars even thought you admitted you haven’t tried them. Do you realise how stupid your statement is?.

Bionic Chart - The easiest forex navigation

Hi Michael I have trialed your Bionic Candles recently over the past few months to see if could obtain information I would find useful for my current trading strategies. Its certainly powerful and some what intriguing to say the least. Certainly the ...

Bionic Chart - The easiest forex navigation

Sorry,you are incorrect. The markets changed around 2011 when HFT took a stronghold on the market. Trends became reduced and year by year, less money seems to be flowing into the forex markets. But generally the market changes structure every 6 to 9 ...

Forex markets seems to have changed

Hi Havo My problem is I have worked very closely within an Algo development team of about 15 talented traders within three groups. I have also worked with a handful of professional Algo traders on various strategies to build them into working EA’s ...

Method or Man?