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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

Quoting Geester
{quote} Thanks, @ryuryu. How are you establishing the trades per millisecond? Cheers.
I'm taking trades data from exchange API.
Push frequency: 100ms

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So I check if there are any trades every 100ms, or not. If every 100ms then it is good speed, it not (there is a lag between trades) - that is not a good speed.
Observer effect
Quoting ryuryu
{quote} I don't know what HOD/LOD is. {quote} I don't know what half batman or even 1/3 of batman means. {quote} Sorry I didn't get a single word you said. I'm not using bats, cats, sharks, expectations, prays, predictions, magic, hopes and other non-existent things. {quote} No you are not using order flow, because there are no order flow on forex. You can't use supply and demand too, because there are no orderbook on forex too. I didn't get why so many useless theory when you can just spend 10$ to get CME volume data or just get free crypto data...
I must have done something wrong.
I am member of at least 7 or 8 FX broker, to get educated in FX trading, but I could not have membership on CME, tried signup in 2020 to learn trading S&P E-mini. rejected email somewhere archived
With clusterdelta I dont see 10$/month data. I see here https://my.clusterdelta.com/shop.
where is link to get the crypto free data or subcrib for data to MT4, or process to do so, Could you pls share
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http://forex.timezoneconverter.com/
Quoting ntk
I see here where is link to get the crypto free data or subcrib for data to MT4, or process to do so, Could you pls share {image}
As I remember CME data is about 25$ for 4 month, so 6.25$/month. But that for mt5, may be for mt4 another price, I really never used that mt4, so can't say.

Or you can try motivewave or any other. I personally don't want to advertise here any because they don't pay me haha

Crypto data is free, you don't need to buy it, just use your exchange API. But you can't trade crypto using forex brokers, it just make no sense. I mean you can of course, but I can't imagine the reason to do it. It is extremely expensive and useless. You must use crypto exchanges to do it.
Observer effect
How to calculate the distance and to make a decision what to trade.

First you have to determine the average distance of the asset. Then check max leverage and margin requirements. Then check fees and spread.

For example. This is BTC. As you see here we have 0.267%

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This is EURUSD, and it is 0.027%

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Now, let's make some calculations. Spread are 0 on both. Fees are 0.0055% of forex and 0.02% on crypto (same 0.005% if use same average leverage), but forex has negative swap where shorts on crypto are positive every 8 hours. Leverage is 500 and 100 accordingly.
So the difference is 5x. Then to make them equal let's say EU distance is 0.027*5=0,135% where BTC is 0.26%. So here we have 2x more profits, or with same profits 2x times less risk. Also on forex you have additionally buy volume data where on crypto it is totally free.

Same way you can compare any asset you want. Don't forget to get all the data. Everything matter: fees, spread, swap, max leverage.


UPD: good example on Market now:

This is BTC, and it is 0.24%

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This is XRP, and it 0.24% too

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But BTC max leverage is 100x, where XRP max leverage is 50x. So if XRP will be 0.5% then it will be equal to trade them. For now trading BTC 2x times more profitable or 2x time less risky.
Observer effect
Quoting ryuryu
{quote} I don't know what HOD/LOD is. {quote} I don't know what half batman or even 1/3 of batman means. {quote} Sorry I didn't get a single word you said. I'm not using bats, cats, sharks, expectations, prays, predictions, magic, hopes and other non-existent things. {quote} No you are not using order flow, because there are no order flow on forex. You can't use supply and demand too, because there are no orderbook on forex too. I didn't get why so many useless theory when you can just spend 10$ to get CME volume data or just get free crypto data...

LOD is only important using market profile, much more than poc, oke sometimes can use low of the day get fast pips, or high of the day, but those are only guess. if yesterdays. get fast few pips.
The key there is also volume. not profile using false fx tick count
LOD is not same what hoax brokers education teach for people.

If using LOD as it is volume and marker profile there is some kind of sense.
Quoting kk100
{quote} LOD is only important using market profile
That is great. But forex has no volume data. So market profile on forex is a thing from fairy tale. I'd better believe in Jedi/Sith.

Live example: I have created a chart of BTCUSD. I took real-time data from 2 exchanges. And I have live chart. It is very fancy. Bull candles are green, bear candles are red. Each candle forms until complete. Looks like every forex/crypto exchange. Fancy numbers are flashing.

There is only one problem. There are no orderflow data and no orderbook data for trader. There are only candles. So you can apply all the indicators in the world to it.

And then, I can ask you to deposit me some. And I'll bet you that if you win, you will take your win away.

But "78% of all retail traders lose all their investments".

That how every broker works. That how every prop firm works.

Do you know why prop firms around? And no new brokers? Because it is HARD to open a broker. It is very complicated task. Too much control. But it if f easy to open another one prop firm. Because "78% of all retail traders..." will always be.

Check other threads. "Successful" traders think there are orderflow and orderbook data on forex. In first message they reason about "biilion-trillion" forex market and at the same time see 20 lots each side on their favorite broker where only one exchange the volume is 5000x higher...

Guys and girls. This thread is not about magic beasts and where to find them. It is not about dreaming. This is about trading.
Observer effect
People ask me why no posts here.

Everything said already. May be if you ask I can answer some questions, but I don't want to repeat and repeat the same again and again.

The summary is:

1. Learn what is the difference between market and limit orders
2. Learn what stops are, how they work. Learn what stop cascade is.
3. Use volume to see what is happening on the market.
4. Learn what leverage (margin) is, how it works and how it calculates.
5. Don't believe that you can outperform algos using drawing tools and zero knowledge.

And remember, that trading is a job. It is not a hobby. If it is hobby for you, then it called another word - gambling.
Observer effect
Quoting ryuryu
{quote} That is great. But forex has no volume data. So market profile on forex is a thing from fairy tale. I'd better believe in Jedi/Sith. Live example: I have created a chart of BTCUSD. I took real-time data from 2 exchanges. And I have live chart. It is very fancy. Bull candles are green, bear candles are red. Each candle forms until complete. Looks like every forex/crypto exchange. Fancy numbers are flashing. There is only one problem. There are no orderflow data and no orderbook data for trader. There are only candles. So you can apply all...

Yep i was talking about this volume information from fx futures, i am soon switching back to futures, because i can see IC have started fuck with me. thanks tapas.
I have one thousands and thousands trades with futures brokers, and not so many problems compare ducking fx brokers, every account futures manager has been helping me immediately all my issues. no need to solve any requote or other ducking slippages, most of the time help has done for client favor.

I dont need call center from india try to read wroten stupidity from pre wroten text book.
Quoting kk100
{quote} Yep i was talking about this volume information from fx futures, i am soon switching back to futures, because i can see IC have started fuck with me. thanks tapas. I have one thousands and thousands trades with futures brokers, and not so many problems compare ducking fx brokers, every account futures manager has been helping me immediately all my issues. no need to solve any requote or other ducking slippages, most of the time help has done for client favor. I dont need call center from india try to read wroten stupidity from pre wroten...


Yeah, that is true.

For me trading forex make to sense due to math. It is at least 4x times risky than crypto and it has no volume data. It is unfair casino. There's no such thing as a free lunch, you know.
Observer effect
Discord
or
Teleram

?
Observer effect
Hi Ryu

Are you on discord? I've been following you thread for some time now and would like to learn more about how you scalp with crypto. Seems interesting, different approach to what most people who only rely on drawing lines and praying to God to make their trades profitable. May be willing to pay for mentorship from you is it worth your time... Anyways, thanks in advance.

Best regards

-Snake
Building the position techniques.

On forex there are a lot of "tutorials" but in all of them "gurus" have only 1 entry (perfect as usual) and 1 sl and 1 tp.

In real trading that is not possible in most cases. And not needed.

This is today example from BTC.
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As you see it is possible to build the position with volume/delta signals.
Observer effect
Quoting ryuryu
Hidden
I would say you have more chance of getting a place at Harvard than In Ryan’s room.

And he hasn’t told you guys about Bruno, a large Rottweiler who guards our door of our trading room.
He only has one job!

Sniff out and dispatch any anti- volume traders.

While it’s not Wall Street, there can be plenty of blood on our floor outside the three amigo’s trading room I can tell you.
Trading thin liquidity at the boundary of the charts
Quoting ryuryu
Hidden
@Ryuryu ,you are very nice to give out all your work hard to build a bot , too many information you gave out without request any return , you helped traders whoever want to learn and practice ,if i have my knowledge ,i should absorbed from you so much , but I'm unlucky because I'm too weak so I can't learn much from you .Thanks for your thread and your generous to help traders here.Even traders dont have to join discord , only here more than enough to learn .You are the one who say and do . I admired you @Ryuryu.














2
Quoting munchie
{quote} @Ryuryu ,you are very nice to give out all your work hard to build a bot , too many information you gave out without request any return , you helped traders whoever want to learn and practice ,if i have my knowledge ,i should absorbed from you so much , but I'm unlucky because I'm too weak so I can't learn much from you .Thanks for your thread and your generous to help traders here.Even traders dont have to join discord , only here more than enough to learn .You are the one who say and do . I admired you @Ryuryu. 2
Thank you my friend for your kind words!

Some greedy assholes fancy line drawers claimed that I posted links to FREE bots I made. They said it is commercial
So scammers who draw lines on chart for decades think that open source code under the MIT license on github is commercial

That is very funny haha, they want to move my thread to the commercial section, because they want to cheat people with their lines, rectangles and other drawing tools.
Okay, why not. More idiots around - more money for real traders
Observer effect
Ok, prop firm gurus are always making monthly statements.

So here my statement for June 22:

01.07.2022 +72.78%
03.07.2022 +8.08%
04.07.2022 +9.25%
05.07.2022 +10.58%
06.07.2022 +10.64%
07.07.2022 +8.91%
08.07.2022 +4.15%
09.07.2022 +0.94%
10.07.2022 +20.54%
11.07.2022 +10.51%
12.07.2022 +1.1%
13.07.2022 +9.63%
14.07.2022 +33.36%
15.07.2022 +6.68%
15.07.2022 +8.88% - hehe lucky number
16.07.2022 +0.12%
17.07.2022 +0.08%
18.07.2022 +4.01%
19.07.2022 +6.22%
20.07.2022 +32.69%
21.07.2022 +3.00%
22.07.2022 +1.61%
23.07.2022 +0.97%
24.07.2022 +5.22%
26.07.2022 +4.43%
27.07.2022 +4.43%
28.07.2022 +1.70%
29.07.2022 +8.81%
30.07.2022 +10.27%
Observer effect
Quoting ryuryu
Ok, prop firm gurus are always making monthly statements. So here my statement for June 22: 01.07.2022 +72.78% 03.07.2022 +8.08% 04.07.2022 +9.25% 05.07.2022 +10.58% 06.07.2022 +10.64% 07.07.2022 +8.91% 08.07.2022 +4.15% 09.07.2022 +0.94% 10.07.2022 +20.54% 11.07.2022 +10.51% 12.07.2022 +1.1% 13.07.2022 +9.63% 14.07.2022 +33.36% 15.07.2022 +6.68% 15.07.2022 +8.88% - hehe lucky number 16.07.2022 +0.12% 17.07.2022 +0.08% 18.07.2022 +4.01% 19.07.2022 +6.22% 20.07.2022 +32.69% 21.07.2022 +3.00% 22.07.2022 +1.61%...

Well Done ryuryu ! thats really great returns , keep on posting
How to avoid "bad entry" techniques.

People like extremes. Or they draw lines and "feel" the market, or they throw away all the ochl indicators.

I think we must mix the instruments we have and use all of them to get better results.

In this example I'll show you how you can use moving average to filter "bad entries".

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As you see here we have 3-in-a-row volume delta signals (I have turned off MA order filtering to show you, in real life these signals are light gray color)

So. How we can filter em out?

Easy. First you need to add these EMAs to your chart
1. 6 low
2. 6 high
3. 60
4. 120
5. 240

Now you must understand that MA order for long is when 6 low higher 60, 60 higher 120, 120 higher 240. But this is not all we want. One more thing left and it can be very helpful:
distance between ema 6 low and ema6 high (also called ATR) must must be < than distance between 60-120 and 120-240 at the same time.

Read everything twice. Try it yourself. And then "laggy moving average" will help you a lot in your trading.
Observer effect
Hi Ryan, Hi RickM,

I'm new to this thread. I read it since a few weeks, and I'm very interested to learn this way to trade, and see the market.

Can you please, give me an advice to start trading with delta and volumes (I mean for example which broker, which platform has reliable delta and vol indis, etc...) ?
For the moment I trade with ninjatrader, but I'm not sure the cumulative delta is reliable enough..

Thanks a lot for your answers,
and keep up the good work !!

BV
ps : excuse my english.. :/
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