Hi BW, Yes, I can also see it as an Algo - running the show. (as I witness too many repetitions of similar recurring scenarios) While it's just narrative though. Doesn’t actually matter if it is an Algo, or it isn’t, in the end. Sorry, I was ...

Real or Algo

You are looking at the big (real) structure of the market. My only suggestion, if I may, is ... WAIT until a new directional momentum is underway. The FX market has a way of spitting out early enterers in a trade (eg whipsaws, fake n flips, pin bar ...

Real or Algo

Lol, I am getting to understand your character the more you post, thank you. As I have mentioned in my posts I do not forsee anything. Price either goes up or down (when it is not stationary) I WAIT until directional momentum is underway. No magic. ...

Real or Algo

Hahaa ryu don't feel concerned that you might see something as magic. Actual Magic of course (in the concept that I think you use it) doesn't exist, as we all know. What used to be known as magic in the old days, where people were mesmerised by what ...

Real or Algo

Hi BW, Quote Asking hard questions is not denigrating. You read legitimate questions asked as trolling, always. Well you did NOT ask a question (easy or hard). You made a statement. See above. (Though you often add to your posts at a later stage and ...

Real or Algo

Hi BW, Well I always assumed you subscribed to logic. Yet you offer here a completely illogical premise. So I guess you might be trolling me again. Fair enough, I can laugh also. For others, with a clear mind & who have read George’s original ...

Real or Algo

Hi ryuryu The “data” for me, IS …. the Targets. And best of all, they are data that is already printed on the chart, into the ‘future’. Fairly simple. No major maths required. Then it’s the trading & scalping of momentum and exhaustion. Nothing else ...

Real or Algo

These are (and ALL prior posts) great discussions for me & my thinking, cheers. And hopefully for all forex’ers. v2v, Moody will enjoy the “plane pilot” analogy I am sure. So, single algo or otherwise, fundamentals, market price illusions, alpha, ...

Real or Algo

Let me get this right, in case I make a mistake. Are you saying Janet Yellen sits at a desk with her MT4 screen and moves the price around herself with a mouse? and wiki: Between 2018 and 2020, Yellen had received over $7 million in ...

Real or Algo

Joan Jett video

What kind of music you hear while you trade?

For The Jumper (RJ), all the best pal for introducing me to these series of tracks on the Tube Listen To The Music - Playing For Change (Liner notes) The idea was born a few years ago during breakfast at the Byron Bay Bluesfest in ...

What kind of music you hear while you trade?

I will look forward to this discussion BW.

Real or Algo

But what the algo does in & around the sessions seems like a ‘building’ of lots both longs & shorts until it suits the algo to release in its desired direction. (See monthly AUDJPY chart below for the gap up and drop almost 2 years ago, which is now ...

Real or Algo

The whole topic of Algo (and targets) is a fascination to me. In intraday trading I have to be more nimble if you like (I have grabbed a little already). I look at the daily open for any big structure targets But I can trade towards targets if the ...

Real or Algo

Cheers BW, you have explained this well for me. These are all good conversations, in my eyes, and hopefully for other Forex’ers as well, as we all wind our way down the murky paths - to the way home. And George was very much the one algo theory ...

Real or Algo

You have asked a question about the yesterday’s day open to NY close to see if any trader can ‘see’ what the algo did that day, and how it might be traded. Let me suggest we look at USDCAD (as that was a pair I did trade & past my usual bedtime ...

Real or Algo

Hi BW, These are good conversations you bring, imo. Better than pop psychology attempts on some other threads. So I can hear what you are saying, or trying to say, and I can agree with you up to a point. But where there will be a disparity of ideas ...

Real or Algo

2006 Kasey Chambers video

What kind of music you hear while you trade?

Hi BW yes imo you are on the right track in trying to clear the fuzziness from the forex market. The strange thing is, but in my opinion only, so here we go. The more I think & think on this - it is ALL about WHEN to trade a price move and that ...

Real or Algo

And if it is an algo, it would appear to have a double stage operation. The first is what could be called an accumulation (or exhaustion, or consolidation) stage. Where the purpose might be to ‘hold’ - BOTH buyers & sellers - into a closed & ...

Real or Algo