Not really big boys, brokers and robots, they can see all orders, manipulate, run stops...it´s like a poker game now....they show a move, have all retailers jump in, they put their stops, then, "the liquidity pools" are "absorbed", (retailer $) I ...

18 Pips per Day (3% per week) Trading System

I payed a programmer a few years back....created this simple indi. Put the indi on any chart...it will save the file to your hardrive....from month to 1 minute....any chart....then you can open a chart with any eod application of your choice....the ...

Real time data export from MT4

[quote=nanningbob;7492975] Depends what you mean by using a SL. Mine is the long term trend so I dont place one on my chart. If the long term trend changes then I close out and go the other way. If you mean the fraction of a penny SL commonly used ...

Trading Without a StopLoss

Market movements are pretty much like what Proximus is explaining....different threads of (complex) transactions between Brokers and Big Banks, on a 24 hour basis....they just shuffle "liquidity" between them, the goal is eventually to cash on ...

Do you believe this market is random?

Proximius your analysys is probably more accurate than mine. Actually , I read here from a whole bunch of people that are aware of the "underground forces" moving these markets. That´s great, at least someone will have a chance in this. A friend ...

Do you believe this market is random?

Youré right, it´s just business as usual. 57% of Forex is held by roughly 10 banks, you can verify on Wikipedia, it varies day to day...Deutsche Bank usually at the top, roughly 10%.. 80 billion traded dayly. The chart atached is from ...

Do you believe this market is random?

One thing that is not random, for sure, is the big boys running stops. Look at any chart, including weeklys, most big moves happen after a stop run...that´s where the big boys, with their robots pick liquidity to fuel the move, fill their ...

Do you believe this market is random?

Retesting the 8140 level right now....wonder if this wil go much more down, or if it will hunt all those stops sitting there, and fly away....have you noticed the amount of stop hunting in this pair? Anything under 4 hours is suicide...looks ...

EUR/GBP - What a great pair to trade!

Algos have visual access to retailers orders, retailers don´t. They play poker, with retailer cards visible....that changes the outcome, of a randon hand of cards from the pack. Markets, (in my humble observation) are random, then they are not, then ...

Do you believe this market is random?

Since february 2013, most weekly swings down are hardly over 7 weeks straight down. Last week was the 7 th. I´ts low was broken today, that puts us on the beginning of the 8th week. If a bounce happens soon, maybe around the 0,8100, where there´s ...

EUR/GBP - What a great pair to trade!

1 min time frame is the ideal turf for: Stop hunting. Broker´s tricks, slippage, spread, etc... Took a virtual seminar on HFT (High frequency Trading), last week, on how those robots scalp retailers, on a speed of thousands of trades a ...

Multiple Time Frame Stochastic trading using 1min charts

I understand the intention of the debate, hedge or not. Tried hedging before...it can work, for me it´s just added stress and work, and it´s true, it´s basically same as stop...with variations. One of the main reasons people try hedging is, in my ...

Trading Without a StopLoss

Yes agree but to be smarter has a prize, putting the stop lower, just adds to costs ,and it´s not negligable...putting your order right on the spot...it´s fun, but often you just miss the trade, that youvé been patiently waitng for, and studying. I ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

This is for stop hunting non believers: The arrows in the chart, show the stop hunting levels hit. If you watch carefully, you can see how first, they fill in the typical breakout trade (fractals), then they get systematically shot by the ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

Hi Graviton first of all thanks for your well grounded explanations and shearing. Totally agree on the escense, let profits run, cut losses short..add to winners...balance you runs till either BE , win, or big win. I trade EW, profitable, about 75% ...

Multi-Lot Multi-Timeframe Position trading

AUDUSD EURCHF EURGBP EURJPY EURUSD GBPUSD USDCAD Little correlation on dayly, and spread is quite low too....That´s all I study....no more time or brain power for more.

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

Agree on almost every point except: TRADING EXPENSES: 1 pip spread round trip is: 2 pip cost right? (you get filled 1 pip farther, and take your profit or stop 1 pip closer) 2 pips is: 2% of 100 2 pips is :20% of 10 Having said that, smaller time ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

Read Paulus´ideas...and they are interesting... BUT 1 minute charts are close to imposible. First, stop hunting is very very common. Remember youré trading against the most soffisticated robots....with an unfair (mostly illegal ) advantage. My ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest