- Search Metals Mine
- pooh123 replied Nov 12, 2018
There is never certainty in any trade setup. Anything can happen in the market. Good money management and proper R:R is the key for long term success. If you manage those two things well, you're already at least 50% successful. A successful ...
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- pooh123 replied Nov 10, 2018
FractalFreak is a fighter. He sees the market as his enemy. He already lost his war against "brokers trolls". He cannot afford to lose the war against the market. He is determined to defeat the market. And his most powerful weapon is Martingale. As ...
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- pooh123 replied Nov 9, 2018
He changed trading style from "causality" to Martingale ! That NU trade finally turned around. Martingale works great !
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- pooh123 replied Nov 9, 2018
He does read your posts. Be proud of yourself. A hedge fund manager is following you.
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- pooh123 replied Nov 8, 2018
I said a small percentage of traders (less than 5%) can benefit from Fractal's method and be consistently profitable. However, now I'm seriously worried. He's getting into the mode of revenge trading and doubling down ! That's a sure way to ...
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- pooh123 replied Nov 8, 2018
Yes the only reason some brokers show their orderbook is, for 95% of retail traders, it provides no help at all.
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- pooh123 replied Nov 8, 2018
If you have enough chart time you'll know the places where DM traders are likely to place stop loss orders and stop entry orders. Sometimes they're the same and other times they're different. Plus there're tools on DM positions/sentiments to help ...
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- pooh123 replied Nov 8, 2018
Right. The orderbook does not differentiate between stop orders for entry and stop orders for exit (stop loss). However, with some analysis you can make an educated guess/judgement.
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- pooh123 replied Nov 8, 2018
You can do that yourself. Pretend to be a breakout trader. Place a buy stop above current price. Place a sell stop below current price.
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- pooh123 replied Nov 8, 2018
You cannot be more wrong. Buy limit orders cannot be above price. This is the basic of basics. Even newbies know that.
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- pooh123 replied Nov 8, 2018
On Oanda orderbook, buy orders above current price are buy stop orders; buy orders below current price are buy limit orders; sell orders above current price are sell limit orders; sell orders below current price are sell stop orders.
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- pooh123 replied Nov 8, 2018
Forex brokers' orderbook does differentiate between limit orders and stop orders. SM don't do spoofing with retail broker's orderbook. Retail traders' volume is a fraction of institutions' volume. For SM retail traders are only collateral damage in ...
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- pooh123 replied Nov 8, 2018
You are right. Sometimes SM do keep pushing on and continue the onslaught. Usually when this happens there was accumulation by SM prior to the stop run, which is visible through volume spread analysis. In this case, SM are determined to make a ...
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- pooh123 replied Nov 7, 2018
Thanks for your kind words. Something to add here. What made me stop experimenting with the stop run method is 1) the low R:R; 2) traders pulling their stops away. I already talked about its low R:R. Let me elaborate here about traders pulling their ...
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- pooh123 replied Nov 7, 2018
Valesch, You are right that those stop levels are spot on and most of times his "live calls" do work out. He got those stop levels from multi-brokers' orderbook, which include Oanda and other brokers. His indicator used to get data feed from Oanda ...
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- pooh123 replied Nov 7, 2018
That's why his "live calls" never come with a stop loss. No stop loss. No time limit. Anyone can make a "live call" like that and never fail. Fractal's supporters, How can trading like that make your account grow ?
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- pooh123 replied Nov 7, 2018
Look. I was right. It was much safer for him this way.
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- pooh123 replied Nov 6, 2018
Compared with making "live calls", it's much safer to say:"Just TPed on my EU sell " or "That GU buy was delicious"... Fractal learned it the hard way. I guess he will turn risk avert and go back to using past tense for a while.
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