{quote}Just don't use this tactics to get business out of naïve people in FF, very unethical.
Maadik Hugiis. IQ 69.
- Joined Dec 2015 | Status: Suuka Maadik | 3,630 Posts
- Joined Sep 2020 | Status: Member | 5,450 Posts
If I don't mention SL and TP = longer-term setup possibly in the works!
{quote} It is a fight between two groups of chitter-chatter to satisfy their egos. Emotional types of people fighting ghosts (with anonymous identities) and not realising they are affecting them more than anyone else. Do you intend to become one of them? Those who quit come back with a new identify. They can't live without FF.
So yes, of course they are affecting themselves by wasting time and falling into a spiral of negative emotional interactions...
Why your question? Fortunately, I've been free of forums and social-networs >95% of my time. But hey, even a wee bit of interesting "gossip" can be sporadically entertaining. And most importantly, I really like some of these people after all.
PEACE 
- Joined Nov 2008 | Status: Member | 41,203 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- Joined Apr 2020 | Status: Member | 1,828 Posts
Meanwhile we continue to trade every day live.
Today was 11 trades.
Total profit +31.42%
Win rate: 100%
All trades were made using volume delta approach + few simple OHCL rules like MA order, MA distance, Distance itself and so on.
Thank you for your support, my friend! Let's keep rocking! 
Today was 11 trades.
Total profit +31.42%
Win rate: 100%
All trades were made using volume delta approach + few simple OHCL rules like MA order, MA distance, Distance itself and so on.
{quote} Dear ryuryu Helping people in FF is a thankless job. So long you are happy helping others, never mind the shit thrown at you. I know you have the passion to help and you will be back one. Take a break! Meantime, enjoy this: https://youtu.be/4L_yCwFD6Jo
Observer effect
- Joined Sep 2015 | Status: Member | 2,140 Posts
Ha Ha, another great result Ryan which goes with your earnings yesterday to adds up to nice weekly gains.
You know traders on Forex Factory often talking about trading NQ futures because it offers the most rewards in trading profits of every other market. Will they haven’t traded Crypto I feel yet.
LOOKSUSPT moved 15% in valued in a 30 minute period (actually not that special) which offers returns far greater than any US index can ever hope to offer.
Personally I took just 4% return on LOOKS but considering I was on a hut with bad internet at the edge of a 1500 ft cliff in a national park in Arizona - who’s going to complain about that.
Lastly our group got great news about a member who just had a new addition to their family, congratulations to N……. and her family
You know traders on Forex Factory often talking about trading NQ futures because it offers the most rewards in trading profits of every other market. Will they haven’t traded Crypto I feel yet.
LOOKSUSPT moved 15% in valued in a 30 minute period (actually not that special) which offers returns far greater than any US index can ever hope to offer.
Personally I took just 4% return on LOOKS but considering I was on a hut with bad internet at the edge of a 1500 ft cliff in a national park in Arizona - who’s going to complain about that.
Lastly our group got great news about a member who just had a new addition to their family, congratulations to N……. and her family
Trading thin liquidity at the boundary of the charts
- Joined Apr 2020 | Status: Member | 1,828 Posts
Ha Ha, another great result Ryan which goes with your earnings yesterday to adds up to nice weekly gains. You know traders on Forex Factory often talking about trading NQ futures because it offers the most rewards in trading profits of every other market. Will they haven’t traded Crypto I feel yet. LOOKSUSPT moved 15% in valued in a 30 minute period (actually not that special) which offers returns far greater than any US index can ever hope to offer. Personally I took just 4% return on LOOKS but considering I was on a hut with bad internet at the...
Yeah, crazy, coin named APE maid +24%
It is just impossible on forex.
Distance between EMA 6 High and EMA 6 Low was >1.5% on spikes
I just opened the trade with volume higher EMA 6 High and auto close on EMA 6 Low.
Lastly our group got great news about a member who just had a new addition to their family, congratulations to N……. and her family
Observer effect
- Joined Apr 2020 | Status: Member | 1,828 Posts
Today +7.45% with manual trading and +2.76% full auto
There were 22 trades. Winrate 100% as usual.
With auto it was 1066 trades on 5 pairs. 100% winrate too of course.
With auto it was 1066 trades on 5 pairs. 100% winrate too of course.
Observer effect
- Joined Apr 2020 | Status: Member | 1,828 Posts
Ok guys, let's study few things a little.
What is volume?
Volume is how many trades was. What trades? Buys and Sells.
For example it there were 12 buys and 18 sells then the volume is 12 + 18 = 30.
Does price matter here? No. Price doesn't matter. Only quantity.
What is delta? Delta is the difference between buys and sells.
If our example 12 - 18 = -6, so the delta here will be -6. It is negative, since there were more sells than buys.
Why it is important? Because market orders push the price and rule the market. If there will be only limit orders around there will be be movement on the market at all. So information about volume and delta is very important.
okay today: +7.63% manual + and 1.15% auto
What is volume?
Volume is how many trades was. What trades? Buys and Sells.
For example it there were 12 buys and 18 sells then the volume is 12 + 18 = 30.
Does price matter here? No. Price doesn't matter. Only quantity.
What is delta? Delta is the difference between buys and sells.
If our example 12 - 18 = -6, so the delta here will be -6. It is negative, since there were more sells than buys.
Why it is important? Because market orders push the price and rule the market. If there will be only limit orders around there will be be movement on the market at all. So information about volume and delta is very important.
okay today: +7.63% manual + and 1.15% auto
Observer effect
- Joined Apr 2020 | Status: Member | 1,828 Posts
So we learned what volume is, what are market orders and what are limit.
Now what?
Now, we must check the things. What we have?
We have forex. There are no volume data available. All we have is "strange" tick-data. It is collected, smoothed, averaged data from many sources. Totally useless for trading purposes. All the things we can do with it is to draw candles. It will never say us how many buys were, or how many sells.
We have crypto. Here we have real trades data, so we can compute the volume and the delta. But. The problem here is that exchange websites do not provide that data as indicators and there is no ability to add custom one. You can use tradingvew, - you say. Yes. But here we have another problem: tradingview has no real traders data and it calculate the volume using about the same approach like fake forex tick data.
So what to do? The only way is to create custom charts with real volume and real delta on it. I'm on my way, so this screenshot is a first step for that.
So it must look like this:
You can see any chart you want, any timeframe, and you can see delta/volume (may be distance indocator too and many others if needed). Also there will be buttons to place trades.
Now what?
Now, we must check the things. What we have?
We have forex. There are no volume data available. All we have is "strange" tick-data. It is collected, smoothed, averaged data from many sources. Totally useless for trading purposes. All the things we can do with it is to draw candles. It will never say us how many buys were, or how many sells.
We have crypto. Here we have real trades data, so we can compute the volume and the delta. But. The problem here is that exchange websites do not provide that data as indicators and there is no ability to add custom one. You can use tradingvew, - you say. Yes. But here we have another problem: tradingview has no real traders data and it calculate the volume using about the same approach like fake forex tick data.
So what to do? The only way is to create custom charts with real volume and real delta on it. I'm on my way, so this screenshot is a first step for that.
So it must look like this:
You can see any chart you want, any timeframe, and you can see delta/volume (may be distance indocator too and many others if needed). Also there will be buttons to place trades.
Observer effect
- Joined Apr 2020 | Status: Member | 1,828 Posts
How delta works:
it was just the top
Let me explain the mechanics of the market once again using this great example.
When big bull movement occur that mean someone start to hit buy button. When market buy comes to market it start to search for limit order to fill. Sell limit order.
When it filled next one will fill using higher sell limit order and so on. But remember that we see only limit orders in the orderbook and market orders in recent trades.
But we don't see positions and stops. But there are stop for sure. We know that stops are market orders too. Always. You have to write it down and remember: stops are always market orders. So how they act? Same like some hit buy button. Once stop triggered it start to search for nearest limit order to fill (to take the liquidity from it). That's why price jumps so hard.
But how we can use this situation? Since some want to buy and there are some stops that want to fill too then if the DELTA (difference between buys and sells) is very big - then we place SELL LIMIT ORDER. And it will be filled!
But, there are no more people who want to click buy. There are no more stops around. What will happen? Correct. Stops for longs start to work the same way. And it give us the ability to close the position using another LIMIT orders again.
That is how every market works. No support, no resistance, no fibonacci, no rectangles, no "liquidity" areas. That all exist only in traders imagination. Only limit and market orders! Only hardcore!
it was just the top
Let me explain the mechanics of the market once again using this great example.
When big bull movement occur that mean someone start to hit buy button. When market buy comes to market it start to search for limit order to fill. Sell limit order.
When it filled next one will fill using higher sell limit order and so on. But remember that we see only limit orders in the orderbook and market orders in recent trades.
But we don't see positions and stops. But there are stop for sure. We know that stops are market orders too. Always. You have to write it down and remember: stops are always market orders. So how they act? Same like some hit buy button. Once stop triggered it start to search for nearest limit order to fill (to take the liquidity from it). That's why price jumps so hard.
But how we can use this situation? Since some want to buy and there are some stops that want to fill too then if the DELTA (difference between buys and sells) is very big - then we place SELL LIMIT ORDER. And it will be filled!
But, there are no more people who want to click buy. There are no more stops around. What will happen? Correct. Stops for longs start to work the same way. And it give us the ability to close the position using another LIMIT orders again.
That is how every market works. No support, no resistance, no fibonacci, no rectangles, no "liquidity" areas. That all exist only in traders imagination. Only limit and market orders! Only hardcore!
Observer effect
- Joined May 2016 | Status: Member | 2,810 Posts
How delta works: {image} it was just the top
with that being said, I have been rather successful trading weekly fib pivots for about 5 years. I do believe there is some substance other than just being in the traders imagination, but I definitely get what you are saying......ORDERS MOVE THE MARKET.
- Joined Apr 2020 | Status: Member | 1,828 Posts
Everything you say makes so much sense. Too bad it cannot be applied to forex. Being in the US, once again screws us out of trading opportunities. Trading crypto on the platforms you are using to obtain the rebates on limit orders is not accessible here. Even if I wanted to learn delta and trade it, can't. with that being said, I have been rather successful trading weekly fib pivots for about 5 years. I do believe there is some substance other than just being in the traders imagination, but I definitely get what you are saying......ORDERS MOVE THE...
But if you are good trading another way why change? Better stick to good strategy and earn
I prefer crypto just because I can trade with 1x leverage and get 0.5% per trade easy. It is not possible on forex, forex is very "slow". Average distance on EU is 0.015%, but on coin named APE (don't know what the heck is it) - it is 0.64%
(And because I can easy make bots, indicators and other stuff for it not wasting time for useless mt4/5 mql language.)
In this example the difference is 33 times (0.5 / 0.015). So even if I have 50x leverage max on crypto vs 500 on forex my risk is 3.3 time higher just on start. And we are not talking about fees/rebates. It is another story.
UPD:
Stats for today:
+7.55% manual (with auto TP)
+1.33% full auto
it was 15 manual trades today
Auto trades: 932
Observer effect