Do retail traders have access to real and accurate money flow data?

Challenging a Loser

when do you ensure that there is no loss? Set your stop loss at breakeven +/- spread. If price is against you, when do you ensure that the loss is manageable? Before entering the trade, calculate position size based on $ risk and pips to stop. If ...

Trading is as simple as 1-2-3

"The probability is 50% (minus the spread)." With all due respect, CrucialPoint, that statement is something to overcome, in my humble opinion. Many traders confuse probability with possibility. As you stated, there are 2 possible outcomes: 1) price ...

Which type of trader are you?

Thank you. But credit should go to the thread starter, Neio. Neio's first post is credit worthy. I have said nothing that hasn't been said before.

Higher Edge within a Single Candlestick

Price moves up or down, right?What to do? Enter, exit or wait are the choices so we know what to do. When to do what is the question ;-)

Trading is as simple as 1-2-3

Open in this case is the open price of the H1 bar not the daily open. Please accept my apology for being vague. Please refer to this post: url Price had returned to the H1 open which was below the daily open.

Trading is as simple as 1-2-3

Think of trading as decision making. Asking and answering questions about price: IF X THEN Y ELSE Z. Traders do that all day long, whether they realize it or not. Your system or method is a list of questions. Even indicators and EAs are a list of ...

Trading is as simple as 1-2-3

image GBPUSD fell to a lower low. Clue!! Next bar failed to go lower. Clue!! Entry when price recovered past open. No way of knowing what would happen next. Two clues proved to be enough. The 1-2-3 (HL-LL-HL) was the pattern. This pattern repeats ...

Trading is as simple as 1-2-3

Looked it up: Swing trading is a speculative activity in financial markets where a tradable asset is held for between one to several days in an effort to profit from price changes or 'swings'. Not sure how to respond.

Trading is as simple as 1-2-3

Daily open is Broker open. The open corresponds to 5PM NY time. What makes that the most important information?

Trading is as simple as 1-2-3

If Price is above Open AND above OH mid, then Long on next candle. This looks "backwards". In keeping with your football analogy, the closer the ball gets to the opposing team's goal line, the more likely the team with the ball will score and the ...

Trading is as simple as 1-2-3

Thank you.

Higher Edge within a Single Candlestick

image Price is below the previous bar high and above the current bar open. Will price breakout? "Successful people ask better questions, and as a result, they get better answers." - Tony Robbins Socratic method is named after the classical Greek ...

Trading is as simple as 1-2-3

Hello kprsa. This is not really a strategy per se. Just a rule for entry. It works pretty well for me when I follow it. There is always temptation to mess with it under the guise of improving it. So easy to lose one's focus and be distracted by what ...

Trading is as simple as 1-2-3

image Should you exit? Should you exit and reverse? "Successful people ask better questions, and as a result, they get better answers." - Tony Robbins Socratic method is named after the classical Greek philosopher Socrates. It is a form of inquiry ...

Trading is as simple as 1-2-3

image Hello. I see about 10 traders are viewing. Please introduce yourself. Don't be shy. Price went up again. Should you wait or exit? Where should you move your stop? How many pips are you up? "Successful people ask better questions, and as a ...

Trading is as simple as 1-2-3

Please elaborate on what you see.

Higher Edge within a Single Candlestick

image Hello. I see about 10 traders are viewing. Please introduce yourself. Don't be shy. What questions do you ask yourself before, during and after a trade? "Successful people ask better questions, and as a result, they get better answers." - ...

Trading is as simple as 1-2-3

image Price moved down 10 pips from where it was. Should you have exited? Should you exit now? If you exit and it goes up, how will you feel? If you do not exit and it goes down, how will you feel? Is your focus on price or your emotions? ...

Trading is as simple as 1-2-3

image Will price make a new daily high from here? Will price close above or below the daily open? Will price close above or below my entry? Will price make a new daily low from here? Are you thinking about what price will do or what is happening ...

Trading is as simple as 1-2-3