Was that what I said? I suppose it's a matter of etymology. I did mean to say that the edge DID disappear. Still, the market retained its structure, it's just that it was NOT tradeable anymore. Why? Because the volatility was gone, which I would ...

Trading for a living

Yes, and I had Perplexity AI put together the following for you: Sacred Geometry vs. Multifractal Geometry in Financial Markets The question touches on a fundamental distinction between two approaches to understanding patterns in financial markets: ...

Trading for a living

It is, but I also said that you would have to do some independent thinking in order to verify it, likely improve it, and work out exact setups, entry/exit criteria etc. It's not a trend following approach. It's a swing trading approach that trades ...

Trading for a living

Around 2012 I got tired of fx. Action was too slow, and I had to spend a lot of time looking for decent setups. Those that I used to trade weren't worth trading anymore. Then I discovered that I could make all the money I needed spending an hour or ...

Trading for a living

Good questions relating to exact definitions of setups and entry triggers. I simply shared the output from the AI Assistant after reviewing against my own experience. Before going live I would twist and turn these things while backtesting until i ...

Trading for a living

I can understand and empathise with that. I have spent the last decade suffering the noise and manipulation of the index futures markets, and I have to say that it is calming and heart warming to come back to FX. I took the time today to check ...

Trading for a living

Just to illustrate, here's a trade I took today on brick colour change with stop entry at the little yellow line. Unfortunately I exited at the horizontal yellow line....impatient, I know... Now, this is yen futures, i.e. JPYUSD rather than USDJPY.

Trading for a living

Good evening You could happily do without the SuperTrend. I added it for visual simplicity....don't know if it helped. There was an opportunity for a stop entry that you could have entered anytime around 9am. One way of doing automated ...

Trading for a living

Can you get range bars? They do a similar job. Here same yen futures with 6 tick range bars and the model traded back in 2008-11. I'm pleased to see that there's life to the currencies again

Trading for a living

Indeed, here's yen futures with the exact same Renko model as suggested here, but with 4 tick brick size.

Trading for a living

If you fancy, compare the swing structure on this Renko chart with the one on your 30m chart.

Trading for a living

Those disadvantages can also be turned into advantages, in particular in this case. First and foremost, you don't have to sit and stare at a 30m chart until candle close, break of line, or whatever. Instead you can, when a setup appears, set a stop ...

Trading for a living

Here's some further elaboration: Your gift had a marvellous day yesterday with more than $250 profit per contract for less than $100 risk in the afternoon, and even better in the evening.

Trading for a living

Because I trade futures rather than spot, I don't have access to that much data for backtesting. But this kind of system I traded about 15 years ago. Hit-rate was about 80% and reward:risk 2.5-3. Yes, the holy grail. i was working half-time (plus) ...

Trading for a living

For example, but oh yes...regardless of ORB implementation. And the one on your TradingView link had a losing month. Not allowed by your criteria. You'll have monthly income with what I propose. But don't take my word for it. Backtest it.

Trading for a living

Yes, you need only one approach, which is what I have provided you. Something backtested and solidly profitable. I thought I should give you what you ask for So a backtested system that works very well, and a lot better than ORB ever will, in order ...

Trading for a living

That was awfully kind of FX-Blitz to do so much work for you in turning your one trade into a system. And I thought I shouldn't be worse, if only to show you that what are screaming for has been right under your nose, but that you have been too busy ...

Trading for a living

And also of something fundamental gone wrong. Trading is difficult but not that difficult. One needs to be able to craft a strategy, including defining setups, entry criteria, and exit criteria. That strategy should have a decent Profit Factor or ...

Trading for a living

Spot on and it raises an interesting question: Will the thread starter ever be able to face himself?

Trading for a living

On the other hand, these firms are target of scammers of different kinds. And the scammers often complain when being found out. But that you are taking sides so easily against a whole industry based on a case you don't know the details of .... makes ...

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