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

Most volatile EU/GU/XAU/BTC trading

#21
Nov 1, 2021 2:15am Nov 1, 2021 2:15am

ryuryu
Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts

Short XAU +2.46%

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That one was a little risky. As you see there were no arrow in the sequence. But the price bounce from 100 EMA (yellow line) and the orderbook was full of sell orders. If was >26 lots
So I have decided to open fast short here.

Also if you check it was strong Delta. So strong Delta + big Candle size + EMA100 + a lot of lots waiting for sell in the orderblock (I call it "walls") = open the position.

Observer effect

#22
Edited 3:07am Nov 1, 2021 2:53am | Edited 3:07am

ryuryu
Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts

Long xau +5.44%

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Long EU +0.61%

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Huge Delta, Huge Candle size, Huge volume. Close too early as usual haha

Short GU +0.9%

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That one was not good, close in 2 trades and was too risky. I should avoid that kind of trades.

Don't see any setup. So will be off till NYO.

Intermediate results 01.11.21
Forex: +11.87%
Crypto: +1.14%

Observer effect

#23
Nov 1, 2021 2:59am Nov 1, 2021 2:59am

munchie
Joined Dec 2018 | Status: Trader | 1,810 Posts

Quoting ryuryu

Disliked

Short XAU +2.46% {image} That one was a little risky. As you see there were no arrow in the sequence. But the price bounce from 100 EMA (yellow line) and the orderbook was full of sell orders. If was >26 lots So I have decided to open fast short here. Also if you check it was strong Delta. So strong Delta + big Candle size + EMA100 + a lot of lots waiting for sell in the orderblock (I call it "walls") = open the position.

Ignored

How do we know strong delta with sell order ?Where is the order block Ryan , just want to learn the way you trade .Thanks

#24
Nov 1, 2021 3:12am Nov 1, 2021 3:12am

ryuryu
Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts

Quoting munchie

Disliked

{quote} How do we know strong delta with sell order ?Where is the order block Ryan , just want to learn the way you trade .Thanks

Ignored

For example the price moving up. And then you see huge wall with a lot of orders in the orderbook (CME orderbook*, not forex). Then that mean that a) the price can go throu it or b) bounce from it. Since I'm using ultra high leverage in my trading I'm not interested in guessing or prediction. If I see the wall I'll exit immediately.

As you see from screenshot Delta indicator has 2 colors - green and red. Delta mean that there are more buys than sells or vice versa. If delta is +150 that mean that there are buys > sells and the difference was 150 lots.

*forex has no volume data. So it is useless to check forex orderbook. It is fake and it is just a flashing numbers to impress newbies. No data, nothing to analyze. That's why you have to grab your data from somewhere real. For example from CME. Or if we are talking about crypto, then from crypto exchange. So you will trade on forex, but check orderbook data from another source.

Observer effect

#25
Nov 1, 2021 4:14am Nov 1, 2021 4:14am

ryuryu
Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts

Short GU +0.82%

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Long EU +0.52%

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Observer effect

#26
Nov 1, 2021 5:36am Nov 1, 2021 5:36am

ryuryu
Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts

long eu -2.29%
Short gu +0.91%
long eu -1.57%
short gu +0.3%

do not trade low volume haha

Total profit today only +10.37%

Observer effect

#27
Nov 1, 2021 7:16am Nov 1, 2021 7:16am

munchie
Joined Dec 2018 | Status: Trader | 1,810 Posts

Quoting ryuryu

Disliked

long eu -2.29% Short gu +0.91% long eu -1.57% short gu +0.3% do not trade low volume haha Total profit today only +10.37%

Ignored

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Sleep tight to nite Ryan .

#28
Edited 3:16pm Nov 1, 2021 11:25am | Edited 3:16pm

ryuryu
Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts

People ask me if I'm scalper, long-term trader or swing trader?
I must say that I'm trading differently. For example my BTC trading is 1h-12h. Last few days all the trades were made using 6h TF. But on Gold I never jump higher 1m.
It depend on many factors. For example on crypto I can't trade using market orders, because of fees. But for limit orders I have rebates. So why scalp on 1m? It will be too risky and expensive. But with EU,GU,XAU there is no difference between limit or market orders. So why not to scalp?

Next thing. I never say I'm good trader. And I want to collaborate with great traders. Because we can share ideas, learn and improve our trading together. I know a lot of guys who think they are gods of trading and they all are very jealousy and don't want to see more experienced trades around. But as I said the purpose of this thread is to find friends, new ideas. No matter how you trade: demo or real. Doesn't matter what TF you are using. WElcome!

This is the way!

---

UPD

Late XAU long +2.65% and I'm done for today

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Closed too early as usual (my second name haha)

UPD
Long BTC +0.12%

UPD
Long BTC +1.03%

UPD
Long btc +0.21%

Forex: +13.29%
Crypto: +2.52%

Observer effect

#29
Nov 1, 2021 11:56pm Nov 1, 2021 11:56pm

tommydoginti
Joined Oct 2020 | Status: Trader | 3,886 Posts

Quoting ryuryu

Disliked

People ask me if I'm scalper, long-term trader or swing trader? I must say that I'm trading differently. For example my BTC trading is 1h-12h. Last few days all the trades were made using 6h TF. But on Gold I never jump higher 1m. It depend on many factors. For example on crypto I can't trade using market orders, because of fees. But for limit orders I have rebates. So why scalp on 1m? It will be too risky and expensive. But with EU,GU,XAU there is no difference between limit or market orders. So why not to scalp? Next thing. I never say I'm good...

Ignored

And I want to collaborate with great traders. Because we can share ideas, learn and improve our trading together.

Very good statement. Keep on sharing solid trading knowledge and will get you connected with fellow like-minded traders. Some are active posters and more of them just browsing the forum.

I would say without the opportunity to collaborate with a few traders I wouldn’t have progressed this much in my trading system with ideas and skills I couldn’t have come up with in such a short time.

good luck and trade well. Very good result.

#30
Edited 10:29am Nov 2, 2021 3:27am | Edited 10:29am

ryuryu
Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts

Quoting tommydoginti

Disliked

Very good statement. Keep on sharing solid trading knowledge and will get you connected with fellow like-minded traders. Some are active posters and more of them just browsing the forum. I would say without the opportunity to collaborate with a few traders I wouldn’t have progressed this much in my trading system with ideas and skills I couldn’t have come up with in such a short time. good luck and trade well. Very good result.

Ignored

Thank you for your kind words!

New day started with BTC long +0.37%

UPD #1

Long XAU +1.99%

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Look at this beautiful Delta!

UPD #2
long xau +1.09%

UPD #3
long eu -15.75%

This one was trade with no rules. So I have decided to set SL and forget. And it gain mass losses. But no regrets. It is -13.14%, but yesterday it was +13.29%
so I'm still few bucks in profit

UPD #4
long xau +4.25%

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UPD #5
long btc +0.65%

UPD #6
long btc +0.27%

UPD #7
long xau +2.61%

UPD #8
long btc +0.23%

UPD #9
long btc +0.06%
That was strange. Price go through my limit order 10 times, so I have decided to close it with market and forget. Something wrong happening.

UPD #10
Short XAU +2.61%

UPD #11
Short XAU +2.48%

UPD #12
Short BTC +4.17%

UPD #13
Short BTC +4.9%

Finally I'm in profit. I have to stop now. It was not a good day. The loss was huge and it was very risky to recover. Anyway, tomorrow I'll try TO FOLLOW THE RULES! This is very important. All my losses are when I don't follow my rules.

Forex: +5.42%
Crypto: +2.88%

Observer effect

#31
Edited 6:39am Nov 3, 2021 5:20am | Edited 6:39am

ryuryu
Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts

New day started from BTC long +0.28%

UPD #1
Long EU +1.17%

I missed the entry, and have decided to enter again because the price was near EMA 8 low (the probability to reverse is high) on 4h TF.

Missed entry

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Then I didn't close it in profit and start to wait for second bounce. And it was finally closed.

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Observer effect

#32
Nov 3, 2021 6:57am Nov 3, 2021 6:57am

ryuryu
Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts

BTW GU average candle size and XAU' decreasing day by day

They are as low as 17 points for GU and 44 for XAU. The same time when the trading was good, they were 28 and 80 accordingly.

So we all have to be more careful, because the average movement of GU and XAU is about 50% of it's normal.

Observer effect

#33
Edited 7:38am Nov 3, 2021 7:04am | Edited 7:38am

ryuryu
Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts

BTC long +0.16%

Also I have entered GU short because the price was near EMA8 high (on 4H TF), the main direction is down.

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Delta/Vol was very good, and now decreasing:

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Observer effect

#34
Edited 7:56am Nov 3, 2021 7:45am | Edited 7:56am

ryuryu
Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts

BTC long +0.32%

Love that crypto scam exchanges. Imagine your sell limit order exist LOWER than current price. Missed to create screenshot. Yesterday there were the same scam issue.

UPD

BTC long +0.29%

Observer effect

#35
Nov 3, 2021 8:29am Nov 3, 2021 8:29am

ryuryu
Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts

Quoting ryuryu

Disliked

BTC long +0.16% Also I have entered GU short because the price was near EMA8 high (on 4H TF), the main direction is down. {image} Delta/Vol was very good, and now decreasing: {image}

Ignored

As predicted the price bounce back from 8 EMA high (4H TF).

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So I have decided to close the position. Because on 1m TF it run through 50, 100 and stop near 200 EMA. So for me there is no clean vision what could happen next.

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