BWilliams Remember two years ago (when you had a different Alias) we talked about the Algo hiding its moves within candles but the line chart actually shows us its intention - GBPUSD could be a Buy soon

Real or Algo

BWilliams There is no need for candles either, nor is there a need for price on a chart. Just trade what you believe in and don't betray yourself by listening to other traders. If I have to pay for proprietary volume data, its because it offers me ...

Real or Algo

Hi BWilliams Because forex pairs on the order book move in a narrow and well defined channel - Futures markets has less structure and its liquidity is just terrible. But here is the little secret but please don't share it with anyone. Prices on ...

Real or Algo

Hi BWilliams There is trading as you know it and there is trading the exhaustion of current orders as they roll in on the order book. I would say if you don't understand how the order book works, you are guessing and hoping. I can show you my recent ...

Real or Algo

Hi GEfx I always ask my self - am I missing something here. EURUSD was played by the major players on Friday about 17 times where half of that volume occurred in the 1 hour period around New york open. So half of the whole days volume occurred at ...

Real or Algo

When you see small orders moving the market after price has hit exhaustion, when you see small orders move price 5 minutes out from New York close, when you see small orders move price in the dead zone between London & New York open You start to ...

Real or Algo

"Retail traders are mere observers of this market with no impact or responsibility in this market" Shame on you guys for believing this bullshit, we do move the market and provide a lot of liquidity to the markets. Just read the bloody tape and see ...

Real or Algo

Hi Swingman This is just my opinion after I spend about four years testing martingale strategy's on EA's - ultimately for me it prove a time waster as profits I gained weren't worth the thousands of hours I put into developing, testing and running ...

Opinions and Experiences with Hedging and Martingale

I’ll PM you to keep thread on track

Real or Algo

My only question would be - Is the money made in its journey or its destination. I prefer to trade its journey without any interest in its destination.

Real or Algo

Yes it does - The Algo in my theory is only a maintenance worker allowing price to expand to the limits of workable spread. It controls expansion allowing the spreads to be maintained allowing the market to function efficiently. It uses speed of the ...

Real or Algo

Tape reading allows us to see the footprints of large players actions. The issue with forex markets is we only view their actions on the currency markets by viewing copy trades reflections in the Futures market. We see only a reflection of these ...

Real or Algo

Hi Almo, Yesterday on EURUSD, there was One large order of 3000 units and about 8 large orders averaging about 1000 units. On USDJPY, there was two large orders at about 4500 units 20 minutes apart and about 14 large trades about 700 units. These ...

Real or Algo

The central banks and national treasuries only make one major trade a day, outside that - they struggle to remain in control.

Real or Algo

If this Algo does not know we exist, then its not chasing our liquidity. Therefore what is the point of the Algo in the first place? Considering there is one trade a day by the big player and only 10 trades on average a day offered by the block of ...

Real or Algo

Hey BW I bet you $100 bucks Peter will post again here in this thread in March. Do you want to take the bet?. Better odds than trading.

Price action at the core = family members' discussion project

Liquidity on a chart right now at 8.46am is Passive limit orders. This accounts for a tiny amount of the total liquidity that gets dumped on the market every day. We are talking about 0.03% of the total daily liquidity on the chart at this very ...

Price action at the core = family members' discussion project

Hi HeyYou Sell high / buy low is how I make my weekly wage - if executed on any time frame that surrounds the order book. Its the only time frame periods that is guaranteed to be successful in 93% of occasions - I repeat this statement here time and ...

Price action at the core = family members' discussion project

We still have a problem To have an trading edge of any sort within a market - we need plentiful supply of Passive limit orders HOWEVER WE DON"T HAVE PLENTIFUL SUPPLY OF PASSIVE LIMIT ORDERS IN FRONT OF PRICE - Liquidity is therefore always lagging ...

Real or Algo

Hi Takisd I can show you two pictures of two GBPUSD charts from IC Markets. One is a live chart showing lows below a resistance point and these candle wicks were the same on all servers on both MT4 and a Ctrader. The second chart is the IC Markets ...

FTMO - For serious traders