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Most Volatile & Crazy Month? 6 replies

Anyone try using XAU/USD - XAU/EUR as proxy for EUR/USD? 4 replies

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Attachments: Most volatile EU/GU/XAU/BTC trading
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Most volatile EU/GU/XAU/BTC trading

Everyone posts their mind-blowing results for August.

Someone has almost 4%!

My earnings for August as a percentage are three digits, and the first digit is 2.
I've already written this a hundred times: Less than 100% per month doesn't make any sense at all. It's not worth wasting your time if you can't earn more than you risk.



Stay green
Observer effect
Quoting ryuryu
Everyone posts their mind-blowing results for August. Someone has almost 4%! My earnings for August as a percentage are three digits, and the first digit is 2. I've already written this a hundred times: Less than 100% per month doesn't make any sense at all. It's not worth wasting your time if you can't earn more than you risk. Stay green
OMG, maybe having two right hands is the secret

--- EDIT:

Well, on a more "serious" tone...
As I am not someone who can remain silent about certain things, I will be the first to publicly say it, before anyone else notices the obvious:

Ryan, you are such a disrespectful hypocrite; so shame on you, dude. This is the first/main reason why nobody really likes you.
Sorry for telling you this ¯\_(ツ)_/¯
Quoting Viktor
{quote} OMG, maybe having two right hands is the secret --- EDIT: Well, on a more "serious" tone... As I am not someone who can remain silent about certain things, I will be the first to publicly say it, before anyone else notices the obvious: Ryan, you are such a disrespectful hypocrite; so shame on you, dude. This is the first/main reason why nobody really likes you. Sorry for telling you this ¯\_(ツ)_/¯

Haha best reply ever

I thought everyone loved me

p.s.

It's not my fault. A good man (I can't give his name) once taught me what I'm telling you here. This allowed me to develop the appropriate infrastructure and earn money.
But as practice shows, no one needs knowledge and experience. Everyone needs magic and sorcery. No one wants to study, everyone wants to "learn" something that doesn't exist, like "feel the market", "market mood", "support and resistance levels", "fibo" and any other idiotic drawing tools based approach.
Observer effect
Quoting ryuryu
{quote} Haha best reply ever I thought everyone loved me p.s. It's not my fault. A good man (I can't give his name) once taught me what I'm telling...
Lel. That wasn't the point of the message. I just wanted to state the obvious, what you celebrate with such cynicism; cause your behavior against some people who don't do this kind of shitty things to you, is annoying. What's your problem?

Being a disrespectful hypocrite isn't nice (clear visible actions). You could be better; life could be better
You still need to grow in some important areas (not everything is trading). The last time I behaved as foolishly, was before my mid 20s. How old are you?

---

And at least we both like sarcasm

P.S. I agree about knowledge, experience and technique; but I don't think just in absolutes. Btw, I'm glad you're making big money so efficiently ^_^
I didn't get what Victor is talking about. But who cares haha

No time for losers

The problem with magical thinking is that the more you lie to yourself, the more erroneous neural connections you create in your head. And in a few years you are not just a degen gambler, you are also a neurotic with a full bouquet of concomitant diseases.

Remember: it is impossible to outperform algos using drawing tools. And there are no miracles in this world.
Observer effect
Quoting ryuryu
Everyone posts their mind-blowing results for August. Someone has almost 4%! My earnings for August as a percentage are three digits, and the first digit is 2. I've already written this a hundred times: Less than 100% per month doesn't make any sense at all. It's not worth wasting your time if you can't earn more than you risk. Stay green
Quoting ryuryu
Everyone posts their mind-blowing results for August. Someone has almost 4%! My earnings for August as a percentage are three digits, and the first digit is 2. I've already written this a hundred times: Less than 100% per month doesn't make any sense at all. It's not worth wasting your time if you can't earn more than you risk. Stay green
What system or method do you trade the market with? And do you primarily trade forex, metals or crypto?
Quoting GreyPool
{quote} What system or method do you trade the market with? And do you primarily trade forex, metals or crypto?
Hey GreyPool! I'm focusing on crypto mostly. The method is to catch volume.
Observer effect
  • Post #1,129
  • Quote
  • Edited Sep 7, 2022 12:29am Sep 6, 2022 11:55pm | Edited Sep 7, 2022 12:29am
Quoting GreyPool
{quote} What system or method do you trade the market with? And do you primarily trade forex, metals or crypto?
Why do you ask that without having spent even 5 min in the thread of your interest (being the first of the last pages)?

Quoting ryuryu
{quote} Hey GreyPool! I'm focusing on crypto mostly. The method is to catch volume.
Sorry for interfering in your space, Ryu... "catch volume", best way to summarized in 2 words (no sarcasm)

-- EDIT: btw, serious/genuine question:

Do you know (or think/expect/suppose) if your method (on one side manually and other side automated) would work well enough with much more liquid assets/contracts as some Futures, transacting solely through centralized exchanges, like the CME, CBOT, COMEX, EUREX, ICE and NYMEX?

I know some crypto "majors" can have bigger volume at times, but divided across many exchanges [yes, with most of it between the few biggest], and there're also OTC transactions, so it's a complex hybrid of centralization + decentralization; but anyway, you mainly focus in strong imbalances [like pumps & dumps] of illiquid coins most of the time, in key short duration moments.
Quoting ryuryu
{quote} Hey GreyPool! I'm focusing on crypto mostly. The method is to catch volume.
That is interesting. How do you determine the requisite volume or volatility level in a crypto pair before trading it? As stated in your first post, the pair must be volatile so I assume you're filtering out sideways markets, but how?
Quoting Viktor
{quote} Why do you ask that without having spent even 5 min in the thread of your interest (being the first of the last pages)? {quote} Sorry for interfering in your space, Ryu... "catch volume", best way to summarized in 2 words (no sarcasm) -- EDIT: btw, serious/genuine question: Do you know (or think/expect/suppose) if your method (on one side manually and other side automated) would work well enough with much more liquid assets/contracts as some Futures, transacting solely through centralized exchanges, like the CME, CBOT, COMEX, EUREX,...
Viktor you're right, I should have read the first post before asking.
Quoting GreyPool
{quote} That is interesting. How do you determine the requisite volume or volatility level in a crypto pair before trading it? As stated in your first post, the pair must be volatile so I assume you're filtering out sideways markets, but how?

Check the volume first

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then wait for signal to enter the trade

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Observer effect
Quoting Viktor
btw, serious/genuine question: Do you know (or think/expect/suppose) if your method (on one side manually and other side automated) would work well enough with much more liquid assets/contracts as some Futures, transacting solely through centralized exchanges, like the CME, CBOT, COMEX, EUREX, ICE and NYMEX?
Volume must be big, it is rule #1. For sure.
But, also you must use simple math to check the environment.

If you check CME EURUSD, for example, you will see that it has big volume. But it has small distance. For example now the distance for EU is 0.03%

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But as you see higher the distance on EOS is 0.329%

It is... 10 times bigger. Not 2 times, not 3 times. It is 10 times bigger!

So with same margin requirements you can have or 10x times more profits OR you can have 10x times less risk. Choose one. Or you can mix it: 5x times more profits and 5x times less risk.

And about will it work or not.

My approach is a mix of real data (traded volume) and ohcl data (traditional indicators). Because of shit called sessions, weekends and holidays forex has a problem. I call it corrupted data issue. Because of no vol Asian session, no vol late NY and gaps because of holidays/weekends indicators show bullshit.
At the same time you can go deeper than 1m, but then you will face the fee issue - fees will be more than average profits.

So if sum all the things I see no sense trading forex at all. if you can count how much 2+2 is or if you can use calculator then everything is crystal clear.
Observer effect
Quoting ryuryu
{quote} Check the volume first {image} then wait for signal to enter the trade {image}
I've never seen those kind of order flows. Where did you find those?
Quoting yves11
{quote} I've never seen those kind of order flows. Where did you find those?
Don't be lazy and read the thread at least a few pages. He programmed his tools.
Quoting yves11
{quote} I've never seen those kind of order flows. Where did you find those?
I'm taking orderflow data from exchange API. Then I make some calculations, for example I compare imbalance between buys and sells. I can show it many ways: like a chart, line or just like table rows. It doesn't matter much. They key here is to get data, analyse it and find imbalance. When big player move the market with market orders it create imbalance and you can exploit that market issue.
Observer effect
Hey RyuRyu!

I am reading your posts for quite some time.
I am wondering which trading strategy do you use in order to gain profits you mentioned?
Do you use algo trading via exchanges API like Bybit with volume analysis or something else?
Thank you for your answer.

Regards,
Xeroh
Quoting xeroh
Hey RyuRyu! I am reading your posts for quite some time. I am wondering which trading strategy do you use in order to gain profits you mentioned? Do you use algo trading via exchanges API like Bybit with volume analysis or something else? Thank you for your answer. Regards, Xeroh
Hi Xeroh!

Yes, I'm trading on bybit using volume data from bybit and binance.
The strategy is that:

1. Get live volume data from your favorite exchange
2. Analyze it. I need here only 2 parameters: volume itself and distance. Volume is how many buys and sells were, distance is average candle size. You can use average distance between high and low called ATR, or you can use distance between moving averages. I'm using distance between 6 ema high and 6 ema low.

So once I have found asset with a volume and good distance then I start bot. It make all the calculations and starts trading cycle.

My todo is that:

1. Combine all the dashboards and bot in one big bot. So I can run it at once. Now it looks like 4 different things: data saver, vol and distance dashboard, vol delta dashboard and bot itself.
2. Add orderbook data checks to the bot. It will be useful for exit purpose. Once the wall found - exit with market order or place stop in profit. Because now I'm trading with no orderbook data and only using limit orders. But that can help to get out of bounce trades faster.

FF and all the forex world is full of fairy tales like you have to "learn" how to control your emotions, of that you have to "learn" how to feel the market. The key of my approach is that you don't need all that bullshit at all. No predictions, no magic. Only math and common sense.

That's it in fact. Feel free to ask any questions.

Stay green
Observer effect
I also have created simple telegram bot. It helps me in my manual trading.
I can open the trade manually even from my phone and the bot and it will place TP immediately. Or I can close all, in emergency, for example.

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All I want to say is that we have computers. There is no need to trade like we are in 19 century. There is no need to try to "feel" the market, there is not need to "train you brains and eyes to see". It is very dumb to think that you can outperform algos using drawing tools.

All who are trying to cheat you talking about secret knowledge and magic feelings - they are scammers. Do not believe them. Trading is a hardest job in the world.

For example. We all know people who are talking with poker faces how profitable they are and how profitable their "strategies". Ok, try to answer one question: why then they can't calculate how much 2+2 is?

They are trading forex with the tenacity of donkeys. When at the same time there are crypto market with impossible fast deposits/withdrawals, with real trading data, with totally free API real time data, with real volume. Why forex? Are they perverts? Masochists?

But hey, 99% of FF members are masochists? There are no such a statistics ever. No forum can hold that amount. So they are just scammers.

Also. There is blockchain thing. So you can check how many $$ or BTC or whatever shitcoin your favorite was moved to the exchange. And what moved from. If whales moved USTD to exchange they will buy (crypto will rise), it they send BTC then they will sell it. Too hard for your old 60+ senile brains "successful forex trader" to understand?
Where the hell you can find that kind of data in "billion a and trillion" forex market?

All I see are wet dreams and fairy tales about billions, trillions, institutional investors and banks. But hey, if something looks like shit, smells like shit... then it is definitely just a shit.


p.s.

Ah I forgot. No one likes me, like Victor said. And you know why. Because they see themselves. They know that I'm talking exactly about them.


Stay green
Observer effect
Thank you very much for response RyuRyu!
Then only volume with candle distance is used to generate trading signal?
Can you please give me example or proof of concept how do you use these data to generate trading signal?
Thank you for response.

Regards,
Xeroh
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