Understood i just try to put what RickM said in some mean reversion perspective to confirm the concept. I could say overbought and it would also be only "typology" The other thing is i cant find information on "distance" as you calculate it.

Most volatile EU/GU/XAU/BTC trading

It is similar to Standard Deviation Channel - as long as this channel is anchored in some logical consistent way.

Most volatile EU/GU/XAU/BTC trading

Interesting situastion on EU. After first news-driven push today, there should be a second leg of push. Instead continuation was slow and as of now price is in the top 1/3 of the range of first push. At the same time - Delta was heavily bullish. It ...

Most volatile EU/GU/XAU/BTC trading

Thank you.

Most volatile EU/GU/XAU/BTC trading

Food for soul video

Most volatile EU/GU/XAU/BTC trading

Once RickM said "I myself prefer measuring expansion of price as an alert then study volume / delta looking to nail the entry point for taking low drawdown trades." Could you tell me how do you measure expansion - did you mean measured move (100% of ...

Most volatile EU/GU/XAU/BTC trading

I do not understand one thing. Who cares what other traders do - paint lines, watch the moon, use magic fibonacci or harmonic animals? Let them have fun One story which change my view on human cognitive abilities: In the recent history of my ...

Most volatile EU/GU/XAU/BTC trading

Thanks to RickM i use Sierra with CME data for USD. In future i plan also EUREX data for other FX crosses. I try to follow only executed volume - this is "following the money"

Most volatile EU/GU/XAU/BTC trading

100% - multiple take profits aka "scalling out".

Most volatile EU/GU/XAU/BTC trading

I should ask than. Do you use SL at all ? I know RickM uses tight SL.

Most volatile EU/GU/XAU/BTC trading

It is true, i think that my choice will be - radical tightening of stop loss + super fast BE, just after momentum push (trigger)

Most volatile EU/GU/XAU/BTC trading

Guys i hope i do not spam you too much, i just wanted your opinion about "hedge" ans "SL". If i say sth stupid it is OK to tell me so.

Most volatile EU/GU/XAU/BTC trading

Stalin said - i trust no one, sometimes i do not trust myself. Me too. I listen to smarter than me. I do not trust them blindly. I listen only to people who are honest "with themselves", which can say - this is what i know, and this is what i do not ...

Most volatile EU/GU/XAU/BTC trading

I am greedy pig, probably. If i add without "momentum" confirmation (AS DESCRIBED BEFORE) but only on the assumption that there is a cascade and i need to get in - i almost always fail. I get out of fail with small loss, still it is not effective. ...

Most volatile EU/GU/XAU/BTC trading

I check round numbers , high volume node , low volume node - i place after low volume node, which is after high volume node, which is after round number. Round number does not have to be big number - it just have to round. Minimal round number for ...

Most volatile EU/GU/XAU/BTC trading

This is my practice of adding. Usually after original trade is placed and in profit, I expect some counter reaction (move opposite to my trade). - Maybe I should partially take profit, but i deliberately do not do it. Profit is minimal. - Maybe I ...

Most volatile EU/GU/XAU/BTC trading

With Regard to SL. SL is better than impulsive "happy triggering" with no risk limit. But obviously it is not the best tool. Yes "stop loss" should be called "start loss". Yes it is a scam, only if you use "hedge" instead. However in case i enter ...

Most volatile EU/GU/XAU/BTC trading

Yes i will think it over. For sure my risk calculation is not precise. Although i place order quite fast and manage multi-orders efficiently. However risk calculation for them is not precise. Therefore i am in need for a tool to calculate the risk. ...

Most volatile EU/GU/XAU/BTC trading

I understand what you mean perfectly. Hopefully i will be able to illustrate some day why i ever consider it in multi-order environment ("averaging down").

Most volatile EU/GU/XAU/BTC trading

I will try to describe it with pictures - when next such scenarios will appear. Because i do not know what I do At some point I close with profit original trade to cover risk for additional trades. I do not believe in trend developing from ...

Most volatile EU/GU/XAU/BTC trading