My final contribution and last post. In a bullish candle, the market touch the low once. In a bearish candle, the market touch the high once. (>90% of the time.) Whether you trade intraday, intraweek, intramonth or shorter timeframes, or scalping ...

(binned per thread starter’s request) Intraday swing trading

Told you in private, health is the most important in life. 7-10 days of the best with your wife. BW

No Indicator Trading System

Hi Rick, I think you meant more than 1:1 risk to reward ratio. And, Respect to @Islandfx911 for making live market calls. Cheers

(binned per thread starter’s request) A system to capture open

This thread will be one of the most unpopular thread on FF. The message that day trading is unprofitable will be rejected by FF members whose main purpose is to day trade the forex market. FF members who bring such message will be labeled failed day ...

Quitting Forex

Trading forex or futures is not easy. If TA or PA work many will be rich. Instead most traders lose and quit. Is it 90+% losers? Cheers

Quitting Forex

If it takes 10 years of committed research work to develop one trading strategy with an edge. Is it possible to spend another 10 years to develop a second trading strategy just in case the first strategy don't work anymore while trading this first ...

Why in the world would any trading setup work?

Hi Driven, another difficult and controversial topic that have different opinions. Driven wrote long time ago, it's the edge that's the most important. Example, if you trade with a 1:5 risk reward, you perform a higher than 20% winrate, you're ...

MePip 5M ORB Trading

Hi guys, I see good people on this thread. Here's the best post on both threads posted so far. Honest post to think about, so I highlight it here. I asked a similar question 3 years ago that was ignored and Shinken's ignored again. It's an important ...

MePip 5M ORB Trading

Hi Rick, I'm just curious. As traders we all have our trusted method that we rely on, our go to method. Zoltan, George, you trade reversing spikes (in Zoltan's words fade the extreme value) on the m1 chart (VWAP or TMA). Three traders with different ...

(binned per thread starter’s request) Trading Ideas - What works?

Given the cadchf day candle, the question like any other single candle remains the same, where is the trading edge in this candle today? Cheers

Higher Edge within a Single Candlestick

About cadchf, this Trump news during New York market that triggered the volatility. Such fundamental news events add to the complexity of the market. "President Donald Trump said Tuesday he has ordered his administration to raise tariffs on Canadian ...

Higher Edge within a Single Candlestick

I'll answer it this way. If we're traveling from South Africa and we know we are on our way to London. And we are now in Ghana. It's logical to stay on the train. And for others to hop on the train up north. The tricky question is, how do we know ...

Higher Edge within a Single Candlestick

To begin, we have to decide what single candle to trade. Example, trade this 1. 1 hour candle, or 2. 4 hour candle, or 3. Day candle, or 4. Week candle, or ...and so on.... Most traders don't know what candle they trade. They are not orientated to ...

Higher Edge within a Single Candlestick

Single weekly candle. Single daily candle. Cheers

Higher Edge within a Single Candlestick

Hi guys, great discussion that's been ongoing for years now. I want to point out one important word. Single. CP claimed he can see the edge in a single candle. He claimed professional traders can see the edge in one single candle. Focus your ...

Higher Edge within a Single Candlestick

When I made that post early Asia Monday market, price was at 1.65550. Day open price 1.65718 16 pips above market at that time. Lowest price after that is 1.65416 12 hours later in US market. So a drawdown of 30pips from DO, 14 pips at time of post. ...

I Finally Figured it Out!

They have no idea whether the market is rising or falling next simply because they approach their analysis the wrong way out of ignorance. Majority discussion on FF is regurgitating what someone else told them or some books they read or seen on ...

(binned per thread starter’s request) Liars and Thieves

You can't find any reference to ATR on this entire forum. I mean there's ATR of anything we want. And that's our reference point. Tells you the surge in volatility when liquidity comes into the market. We can visually see the deviation from the ...

(binned per thread starter’s request) Liars and Thieves

You're spot on correct about the stochastic nature of price. That's the reason why it's possible to create models to capture anomaly patterns. This sums up everything. And people ask me how I know price go up or down before it happens. ...

(binned per thread starter’s request) Liars and Thieves

This I agree 100%. It took me 8 yrs starting from scratch to develop my model. That's why I don't talk about how I swing trade intraday for 50 pips. Great to read someone out there doing the same. Cheers

(binned per thread starter’s request) Liars and Thieves