To understand how to trade efficiently with any Volume strategy, you need to know who's at war. If volume is currently being used by a banker to control market speed and direction, who do they fear?

Price action at the core = family members' discussion project

It’s still dishonest and deceitful. Everyone assumes they will get a live account if they pass the trials. They just get a demo account and hope FTMO survives the month to pay them gaming credits.

FTMO - For serious traders

What do I mean by enlightenment? In the widest river, you will find the current moves swiftly with purpose In smallest creeks, the current is weak and uncertain of its direction. Boulders in the wildest river offer little resistance Boulders in ...

The brutal truth of day trading

Hi Londonpip I would say the main advantage of getting a data feed for me is it allows me to see the break down of liquidity within a reversal candle, that's the ratio between Bids & Asks of course. A bearish engulfing candle means little to me ...

The brutal truth of day trading

The resistance was caused by a large order block of a few 1000 lots, they absorpted some orders but they got price to move down. It resulted in a large Sell order in that region soon after so I expect a nice bearish move today.

EURUSD

I always want to be able to trade during a period of enlightenment and clarity. That trade you enter as a scout that hits the profit target you desire without delay that allows you feel the markets pulse. If we can stay in that zone for a hour or ...

The brutal truth of day trading

Imbalance is defined by the ratio of bids or asks seen on the orderfow. It is not a price action movement. On Tuesday low on GBPUSD, for a brief moment of time, all Buyers ceased to exist. There was only Sellers and no one else buying. No bankers, ...

1M Price Action System

Hi TooSlow An imbalance zone is the overextension of either the Bids or Asks, there is no zone established for that till it occurs. There is however Bid or Ask orders flipping due to herd behaviour which is what you are trading. The imbalance may be ...

1M Price Action System

Forget psychology, ask how many traders have created a full trading plan that covers every aspect of their trading duties- you will get very few putting their hand up. It needs to cover every likelihood’s that may occur and then describes how you ...

The brutal truth of day trading

Real prop firms give less than 20% profit share back to the trader. Think about it.

FTMO - For serious traders

Sounds like a great topic GEfx, perhaps traders should start aiming for a more realistic monthly profit target. That would help many traders stay profitable.

The brutal truth of day trading

Hi jmn5611 The funny thing is even traders like myself who are always looking to trade against a move near exhaustion, only make money when we get on “the trend” the other way. So every profitable trader eventually is trading the trend - some of us ...

The brutal truth of day trading

Its not theory Mingary, its just what happens. If a large order block of say 5000 contracts is sitting on a bullish market, when price comes up to the block it will be absorbed and price will halt. Unless there is increasing long orders applying ...

The brutal truth of day trading

Hi Rminos190 You are not wasting your time, I suggest you back test George's strategy and find your own settings that make sense for you - the changing markets have no effect on his systems profitability. I spend about 6 months testing all his ...

The brutal truth of day trading

Some rules never change. If Buyers are absorbed by a large passive selling order and price refuses to go higher - better start looking to sell. Like gravity, its just the laws of supply and demand.

The brutal truth of day trading

Mingary The market goes up or down, you push the buy button when it goes up and you push the sell button when it goes down. Now what's this poison shit you are on about - all markets are the same. VISION

The brutal truth of day trading

You don’t get it. Trade the liquidity when you see an imbalance, do not trade price or news or some stupid pattern. The trading edge comes from interpreting market data in real time - That is the relationship between Bids and Asks.

The brutal truth of day trading

Hi HeyYou Do you want me to give you a answer. Market EURUSD Broker time 16.52 - Volume on average 1 minute doubles as a breakout traders enter long. 16.53 - Volume doubles again as all breakout EA's are trigged worldwide. 16.54 - Volume increases ...

The brutal truth of day trading

Hi mtako I am a day trader - I don't use patterns, follow trends, don't watch price, don't follow news, don't care if its the London session or a quiet period during the Asia session. I only watch for liquidity imbalances at the end of expansion - ...

The brutal truth of day trading

Hi jmn5611 Yes, to be exact it was the Flash crash of 2019 that wiped out my EA portfolio. In seven minutes, price moved something like 8 percent for AUD & JPY pairs - the EA's were helpless and no coding could have save them. Most Algo only prop ...

The brutal truth of day trading