- Search Metals Mine
- 2,502 Results (2,497 Replies, 5 Comments)
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RickM replied Mar 13, 2021Agree with thoughts on volume, that indy you tried in January is worth spending more time on. Its offers information most here wouldn't understand.
Its there anyone here in FF has a trading strategy that works
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RickM replied Mar 10, 2021BWilliams I was reading some of crucialpoint’s thread about trading the forex market and its a pity I couldn’t argue a few things with him. It’s best I keep my thoughts to myself now and respect his legendary - but if you ever want to lock heads, I ...
Real or Algo
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RickM replied Mar 10, 2021Hi BWilliams My short answer is traditional TA can’t predict what will happen next. However many profitable traders are just using profitability outcomes to trade candle patterns with the aid of smart money management. They old story of Selling a ...
Real or Algo
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RickM replied Mar 10, 2021Hi ia1979 Yes, volume for the last week has been suspiciously low on GBPUSD and some of those traders have been all over EURUSD by the looks which is seeing massive volumes recently. To be honest - that is how I like it because its easy to trade low ...
Real or Algo
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RickM replied Mar 10, 2021Lets move forward one hour For the Maths Guys using the Algo - Black line at the bottom For the M1 Sine Guys - Red line at the bottom Bid & Ask order flow traders - Blue Box Common sense TA Guys - They got a win with a 3 bar reversal Meanwhile as ...
Real or Algo
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RickM replied Mar 10, 2021Hi Shabs Three of us were on this trade - watching for the Big Players to make their move and the easiest trade of the night for a win worth 0.06%. The top at 1.3916 was also the boundary of the M1 Sine Wave for the maths buffs.
Real or Algo
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RickM replied Mar 9, 2021Hi Kevbram Is it an Algo - Is it Big players That is a question you must find a answer too but in the meantime, here is what the major player decided to do. They entered at 1.3896 with two large orders causing price to crash Bearish Then they ...
Real or Algo
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RickM replied Mar 8, 2021Who are the traders? Bankers trading smaller equity accounts and all other traders. Bankers are just as dumb as well and get trapped just as often. The big players make good money off them especially. Lets look at AUDUSD where I have just taken a ...
Real or Algo
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RickM replied Mar 7, 2021Hi Cashbox The structure is created by big players, not Algo’s to ensure traders keep in the game. But more importantly, they clean out the last current accessible orders with a acute liquidity run (ALR) to ensure a pullback occurs to trap more ...
Real or Algo
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RickM replied Mar 7, 2021Every night, several times a night, Uber and Lyft drivers at Reagan National Airport simultaneously turn off their ride share apps for a minute or two to trick the app into thinking there are no drivers available---creating a price surge. When the ...
Real or Algo
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RickM replied Mar 4, 2021Hi BWilliams My opinion is you have a clever strategy that is able to understand targets that the Bankers are after, not the Algo's. But who cares I suppose who you are seeing - as long as you are hitting trade after trade and making good profits. I ...
Real or Algo
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RickM replied Mar 4, 2021Hi BWilliams Sorry, never got around to looking at those levels at 1.40060 but happy to flick over some numbers on todays London session. However I had a look at last nights numbers with the move up just pass your figure at 1.40060. The big money ...
Real or Algo
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RickM replied Mar 4, 2021Its my best guess, but yes. I can't see another reason why large orders turn the market so easily. It only takes 10 minutes of average daily volume to turn a market, pull backs takes 3 minutes worth of average volume. That major low on GBPUSD a few ...
Real or Algo
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RickM replied Mar 4, 2021I gave you an answer to your question. Its a coding fault of the auction Algo exploited by the major players. No one funds it, the fault offers the big money trader an advantage over the small coin trader to move price by dropping large funds on the ...
Real or Algo
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RickM replied Mar 3, 2021That is a Vacuum point that will trap the Algo for a while so expect price to visit that exact number 30 -50 times on M1. Although I have it at 1.2110 to the pip. These Vacuum zones is where the story of the Algo really gets interesting - but please ...
Real or Algo
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RickM replied Mar 3, 2021If you want to spot the ALGO, look for low volume breakouts with unusual speed or extreme market speed due to heavily weighted orders by fat cats. Bottom line, Trade against excessive large volume or trade against medium volume in a low volume ...
Real or Algo
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RickM replied Mar 3, 2021Yes, you need another source of volume to see how the Algo is humiliated by large volume from fat cats. I will get myself in trouble if I talk anymore. Just realise liquidity is just small clusters of orders scattered across a big expanse, deep ...
Real or Algo
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RickM replied Mar 3, 2021To gain big profits, bankers manipulate direction by stacking huge huge orders on one side of a order book to clear out all current available buyers or sellers orders that the central auction algo can reach. Kind of like buying all the lollies in a ...
Real or Algo
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RickM replied Mar 3, 2021I agree with many of your comments except for the reason why the Algo is there in the first place. The algo is just the coding of the central auction algo that processes all the transactions, I believe it has a coding error that is exploited by the ...
Real or Algo
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RickM replied Mar 3, 2021Here is how I see the Algo trade and how the bankers stopped the move. 1.. The Algo pushed up price at the arrow on almost no volume. There is no way it should have gone up 2.. The bankers pulled all volume away from the chart at that first box. ...
Real or Algo