Niels scales in pretty rapidly based on momentum because he trades low timeframes so to not do so wouldn't be very advantageous for time invested. Scalein is based on momentum rather than distance. Which you can see from his blotters.

Technical Analysis Fallacy

Forgetting that this is a very old military doctrine.... It's most literal meaning is attack your enemy when he complacent and weary. Night raids etc. Pretty simple.. An army that is tired, homesick, etc is much easier to defeat than a fresh ...

Technical Analysis Fallacy

Bar A: Potential SC wait for next bar. Bar B: Potential SC wait for next bar. Next 3 bars show buying present but not very strong bars effort vs. result wise all fairly small to average spread. 2nd of these bars is NS/no selling pressure with the ...

vsa with Malcolm

Orderflow in its most general form. It's looking at price, at current events, current interpreted context and predicting future price movement. That's all it is. Hence the heavy discretion involved. Its a mix of fundies, techs, and everything else ...

Do you still believe in the perfect trading system?

Lol interesting coincidence url url

Building an equity millipede

"Order flow" *cue music*

Do you still believe in the perfect trading system?

Today's chart. image

vsa with Malcolm

Winrate is irrelevant. almost 100% winrate right here: 10 pip take profit 1000 pip stop loss. Who needs perfect hell just find profitable.

Do you still believe in the perfect trading system?

Might want to darken your candles up kindve hard to see.

My trading journey

Just a rereview of Friday what I saw. image

vsa with Malcolm

I'm sure there are some Dmark traders still holding on hoping in the end you are right.

EURUSD

If you have a 590k balance I am very jealous! good work

Technical Analysis Fallacy

How was oil for you today Pres? There were quite a few NS as it marched its way up. image

vsa with Malcolm

Thank you I think I saw most of those but I liked the no supply bar the best because we had price sort of consolidating triangularly which often precedes a good move.

vsa with Malcolm

Finding entries in there is a bit more tricky for me though..

vsa with Malcolm

Triggers? — Triggers? image

vsa with Malcolm

Yeah seems like we are just seeing strength on EURO image 5 minute breaks through resistance on good increasing volume. tests the level later and get a 2 bar reversal. Pure demand I suppose. image 30 minute shows dips being bought I believe.

vsa with Malcolm

Bored — Let's play name the entries! image

vsa with Malcolm

that's probably why its best to wait

vsa with Malcolm

I'd probably just wait for it to break decisively one side of its triangle. Looks like its just coiling for a good move. Then take the test. seems like sellers in control at top and buyers in control at bottom. I can't really tell who's overall ...

vsa with Malcolm