I think you need to unlearn have another look at how liquidity is build and broken I think you had that moment but failed to see it, you missed it Peter

The brutal truth of day trading

Perhaps you are not impressed or frightened by me, that wasn’t what I was offering. Just two trading minds sharing some techniques and discussing trading topics in a private room if you like where anything shared is kept between us. I have no ego, ...

The brutal truth of day trading

Peter You don't have Clarity then or you would see the setups occur before your very eyes and know how to make a nice wage. The flow of bids and Asks flipping from one side to the other is beautiful to watch. Peter, you need to join me one night on ...

The brutal truth of day trading

Peter Does all this matter, we are just trading liquidity imbalances that are occurring on the chart this very second. We have data to show where current orders sit, we see the bids or the asks attacking these orders - we just need to establish one ...

The brutal truth of day trading

Hi Timetells You know George got it right when he talked about the herd, it’s a beast in reality. Traders here talk about the Bankers always controlling the market direction whenever it suits them, but the data I see doesn’t prove the bankers always ...

The brutal truth of day trading

Depends if you want a sense of volume for the current market. Futures volume can tell us what density we are trading right now within the current cluster. We can get some signals their directly but they don't offer us a hint of the bigger picture ...

EURUSD

Not really There are times when the big players are doing nothing, price becomes random for short periods when their EA's are turned off. Then there is periods of structure which are the times when Big players are controlling the order books, we see ...

EURUSD

Mate, you spend too much time analysing life & trading. I’m in and out before you have finished your cup of tea with absolutely zero thought to news events generally. Whats hard about jumping on a Sell when the Bids are showing high levels of ...

The brutal truth of day trading

While you may be trading the future Peter, I just trade the moment. A setup that has proven high probability of success is enough for me. Little thinking - just check for any lions hiding behind any bushes TRADE Don’t out think a setup, it’s there ...

The brutal truth of day trading

If they have emotions, it means they have failed to correctly back test their strategy. They need to get off their arse and backrest till they have bloodshot eyes. They should just know a lost is part of their strategy - deal with it and stop ...

The brutal truth of day trading

Hi VIP I have developed and run EA’s for quite a few years now, emotion has nothing to do with success in forex trading. Just because EA’s have no emotion has nothing to do with any Algo’s being successful. Either your strategy has an edge or it ...

The brutal truth of day trading

The problem with some future pairs is the volume can be too low to find imbalance or absorption levels. Therefore its best only to trade 6B - GBPUSD or 6E - EURUSD. Thats if you scalp the one minute chart, higher time frames wouldn’t matter as much. ...

What FX market do you prefer to trade now-a-days?

A survivor who has increased their equity

Define a successful trader in 1 sentence

The market is both in my opinion. Without pressure applied by a big player to one side of the order flow books, price is random. Once the big players start attacking either the Bids or Asks in a market, structure is created and tradable TA appears ...

EURUSD

Yes, that’s is what we are up against. My focus would be trading with what’s just occurred seconds ago on a footprint chart but keep a eye on their orders ahead on the DOM. Still, I am just talking about tools that may or may not offer a trading ...

Price action at the core = family members' discussion project

Peter I am a day trader that needs to earn a certain amount of funds every single day. I have no time for value concepts. Live market data offers me a chance to have clarity and vision, to see what cards big players are playing. I can see the ...

Price action at the core = family members' discussion project

The only real tools that offers a trader a edge are the ones that offer the ability to be able to see the breakdown of liquidity. We can't see that in currency markets but some markets work in sync like the future's markets which does allow us to ...

Price action at the core = family members' discussion project

Futures data is the way to go - it moves in sync with CFD currency's However, we need to be able to see inside a candle to know whether there is an imbalance of Bids or Sells and whether a block from a big player is causing absorption. Normal volume ...

Price action at the core = family members' discussion project

By now, I hope many people can see there's is only one real alternative to becoming a funded trader. Instead of wasting a few months passing challenges I suggest traders spend their time developing a complete Trading Business Plan and seek finance ...

FTMO - For serious traders

We only see numbers, we then need a strategy to be able to interpret what that data means. But when we see a large 1000 lot contract being executed, someone with big money has made a decision. My decision is based on who is winning the war. Who ...

Price action at the core = family members' discussion project