- Search Metals Mine
- 2,502 Results (2,497 Replies, 5 Comments)
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RickM replied Mar 23, 2021WHO is doing all that supporting and who is doing all that resisting? Its trapped bankers avoiding large draw downs by adding to their position at key levels, to encourage smaller traders to support their position. Therefore its not market ...
Flying Dutchman
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RickM replied Mar 22, 2021But doesn’t your Algo theory state fair value is at a price level. You should be Believing price controls liquidity.
Flying Dutchman
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RickM replied Mar 22, 2021Hi Andy The question That interests me the most Does price determine liquidity or does liquidity determine price? Cheers
Flying Dutchman
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RickM replied Mar 22, 2021Hi TimeTells I think you are very close to the fact. You would become the primary seller or buyer in the order flow books for a brief moment in time if your order size was of a reasonable size. I know you trade just the majors the same as me which ...
Flying Dutchman
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RickM replied Mar 21, 2021Hi Sangnt0904 The large bullish candle is breakout traders entering the market with the bankers selling to them as you described. But their trick later is to exhaust all Sellers near the top by Buying themselves to remove every seller on the books ...
Shark behavior
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RickM replied Mar 20, 2021Hi Pipimintpati I like your chart and your theory behind trading with volume, if I can offer my opinion to confirm what you are seeing is correct and why that is the case. If you move down to the M1 timeframe, you will see why volume seems to ...
vsa with Malcolm
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RickM replied Mar 18, 2021Hi. BWilliams Question - You asked why does price stay confined? Answer - If someone is in control of the order book where they have the bulk of liquidity that either long or short traders are seeking - they remain that primary liquidity provider. ...
Real or Algo
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RickM replied Mar 18, 2021Hi SWD I see the real architecture is the player who controls one side of the order book. Having control creates liquidity because not only do they now own the market - any new seller has to source their order directly from them. Their was a perfect ...
Real or Algo
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RickM replied Mar 16, 2021Well you didn’t leave us hanging for long, nice trading results this month. Impressive

FTMO - For serious traders
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RickM replied Mar 16, 2021I would think it’s debatable whether Forex Factory is open and working as a viable business in ten years time with all the other improved social media sites these days.
Real or Algo
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RickM replied Mar 16, 2021Well if you have 3 funded accounts, no need to wait. Unless you had a bad month which is fine, but don’t leave us hanging too long
FTMO - For serious traders
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RickM replied Mar 15, 2021I can’t see the reason for such a small SL and that large trade size. You either know a trade is a high percentage winner or you don’t. Seem like the slippage would destroy that strategy to me
FTMO - For serious traders
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RickM replied Mar 15, 2021Hi MoneyZilla We never know what they have on their ledge but looking at the daily chart, the buying at 1.39 was probably the big player just closing their sells from the last bearish move a few days back. Either way, before they pushed the price ...
Cable Update (GBPUSD)
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RickM replied Mar 15, 2021You can use it for currency with great success, once you get the concept that the FX markets hold very little liquidity. Then the DOM starts to make sense. If you believe the FX markets has deep liquidity, time for a new hobby I suggest.
Cable Update (GBPUSD)
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RickM replied Mar 15, 2021I just trade the Order flow, not price or candle shapes. That's just looking for a trade when I see intense volume starting to collapse. O.K. So we just see the start of the big players move to start reverse this small bearish move - a good Sell ...
Cable Update (GBPUSD)
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RickM replied Mar 15, 2021Hi Mysterio No it wasn't a stop hunt, forget that theory. It would have been one big player removing all local sellers by buying hard to control the order flow ledge. They wanted to be the major and primary seller when price turned down. You can see ...
Cable Update (GBPUSD)
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RickM replied Mar 14, 2021Hi S........ Sorry BWilliams ....... Sorry Zyzel Man you are driving me mad with your name changes. Anybody would think you were a rockstar.
Real or Algo
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RickM replied Mar 13, 2021OR You could just trade the flow of money after a climax and jump on the bankers back and ride them for a short while. I never look at any chart other than M1, have no concept whether the market is in a daily or weekly trend, don't follow levels ...
Real or Algo