- Search Crypto Craft
- 2,502 Results (2,497 Replies, 5 Comments)
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RickM replied May 6, 2020GBPJPY is Selling off as described in my previous post. If you want to see the Algo in total control, wait till you see what happens at 128.314 Better still see what happens to Tick speed when it hits -
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RickM replied May 5, 2020Sounds like you cracked it then and I have studied your charts to confirm you have something valuable. But if this Riemann hypothesis really needed when we are clearly trading a Sine Wave, the maths of these take only four months to crack and just ...
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RickM replied May 5, 2020I got into this game because I enjoy starring at a chart for a few hours a day, I must be strange? So if I am there, why not scalp for 40 to 60 pips every day and if that means scalping on M1 for a few pips a trade, so be it. Now don’t anyone think ...
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RickM replied May 4, 2020You need to study not the ballistic action that goes both ways, only study the speed against the trend. So you are looking at reversal speed. Sometimes they need to tackle price on two to three candles to get their reversal wish. I was watching ...
Forex is random
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RickM replied May 4, 2020Hi Mingary How fast can you blink. Manipulation occurs on order flow and best seen on the M1 chart. Most traders are looking at H1 / H4 to see it. They will see the result of the action but they will miss that crucial second. This is classic ...
Forex is random
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RickM replied May 3, 2020Hi George Can I put my hand up and say I missed it, I stuffed up. Honestly I have no excuse because I follow this pair for hours along with a few other pairs and I was just not paying attention for some reason. I do keep notes on all my trades, ...
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RickM replied May 2, 2020H BWilliam You wrote "that's why I have written umpteen times on this forum NEVER reverse a SPIKE" Mostly I would agree with your statement except when trading on the M1 chart. Here we are trading around the order flow price movement towards passive ...
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RickM replied May 2, 2020Hi Mingary I don't think you get it. You don't need to trade "the real market" to make money but you do need to understand how the sharks manipulate the Retail Forex market. Once you learn their little tricks and see how they run stop pools, making ...
Forex is random
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RickM replied May 2, 2020Hi Al Yes, I watched that move all evening but never took a trade. Of course I am going to tell you what you already know - RED NEWS just before it moved and the range at that point of the day was only around 40% I think. So over all the risk of ...
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RickM replied May 2, 2020Hi Danger-Mouse Here is my 3 cents worth and how I see the market - Price expansion is restricted because the market needs to maintain pools of orders very close to current current order flow. So the act of keeping price with an consolidation area ...
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RickM replied May 1, 2020Hi STrading I never said my equity was not at a decreased value, I said my account balance remains unchanged till I close trades. I use my equity as cheap credit to increase my account balance by adding additional trades to close a basket of trades ...
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RickM replied Apr 30, 2020If you can win 90% of every trade that you enter, attempting to save those losing 10% seems very smart to me. Why are traders so quick to take the loss. It seems discussions on hedging provokes strong opinions amongst traders, probably deserves ...
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RickM replied Apr 30, 2020What’s wrong with turning a losing position into a winning any not taking any loss? I think this strategy only works well if the original hedge is less than 20 pips and you can clear it the same trading day. I think hedges that roll over to the next ...
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RickM replied Apr 30, 2020The purpose is solely for psychology reasons to obtain a winning BASKET on every single position I ever take. It enables me to be aggressive knowing I will never lose when I exit the market. Most times I will just attack the same hedge with ...
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RickM replied Apr 30, 2020If there was one thing Nih98 said to me was place the hedge and leave the bloody thing alone, don't touch it. So now I am 15 pips in draw down but the equity balance still remains fixed. My goal now is to find another trade that I believe offers a ...
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RickM replied Apr 30, 2020Hi Danger Mouse Work that problem out and success in this game is guaranteed. I wait for signs of exhaustion when price hits a "stop zone" and trade back through thin liquidity. However if price just keeps on going, I hedge around 15 pips. Then I ...
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RickM replied Apr 29, 2020If I am a CAT that is wearing boots that break twigs loudly in the forest, I would take the nearest tree. As I am a Cat, I have 8 more lives to live. Thing about survival as a trader
In One Sentence - How Do You Trade?
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RickM replied Apr 28, 2020You shouldn’t have to wait too long for that move Nikl, nice call. I am looking at a even Bigger target down at 128.314 (to be exact) in early May. I have set one of my Algo’s on that spot and told it not to come home without 400 pips ha ha Cheers
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RickM replied Apr 27, 2020Learn to see the manipulation of the markets as your friend, not a trend.
In One Sentence - How Do You Trade?
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RickM replied Apr 26, 2020Hi xRedStaRx if I can have my 2 cents worth - great post by the way. I feel you are looking on the wrong timeframes to see and understand manipulation. I see it within the order flow, thats on passive orders at the core of the market. I understand ...
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