My simple scalping idea with same preset sl and tp.

Price action at the core = family members' discussion project

You don't need bars or candles to execute trades. You just need the bid ask quote. However, you need price history that serves as big data input for your math models that you created to objectively measure and quantify to represent the state of the ...

Do you need to see the past to trade profitably?

Excellent on point questions. 1. About changing 3rd to 4th gear. The traders has to know about the gear system. The design engineer has to develop the car gear system and the physics behind the gear ratios like torgue. Then you have the autogear ...

Yes, trading can be profitable

If the trader choose to specialise in scalping it's possible. From my extensive research, 10pips stoploss for 10-15pips profit is doable. Scalp on pairs that has smaller spread(majors), lower volatility, adr around 60pips. 4-5 scalps max a day ...

Price action at the core = family members' discussion project

Fair enough. Who knows what happens in the future whatever days left for us, we may change our thinking. Remember that I've put in effort on this forum to try trigger look at what's possible and to take a more wider perspective beyond what's our ...

Price action at the core = family members' discussion project

For goodness sake 9times right a day every day is a torture. Just 1 or 2 a day is just right. Leave that 9times to the young manic traders. We trade our age mate. Seriously stop staring at the jiggling price, spoils your eyesight and the kids ...

Price action at the core = family members' discussion project

Ok that's more for fundamentals trading. I'm a 100% intraday chart trader, everything is in the price that's what I trust. If I position trade I have to pick up fundamentals which involves a wider spectrum outside forex alone. For now it's good to ...

Advanced volume trading

What's wrong with CCFp, it works nicely. I do refer to it to select the better trading pairs for the day.

Advanced volume trading

Someday in the future you will agree with me, just not today. I understand your idea, just that we can't use mt4 volume data for the purpose. Your pics show a big difference. So long as your paid data shows consistency and work for you no reason not ...

Advanced volume trading

TimeTells, seriously I'm sure you see that's trading for scraps making the broker happy. That's what simnz is saying.

Price action at the core = family members' discussion project

Stick with FOREX, which currency other than usd or jpy do these funds run to after they liquidate their stock position? You can say nope but if you check your charts the current USDJPY market is trading at 2016 low

Advanced volume trading

They normally run to yen as safe haven. USDJPY creeping to break 100

Advanced volume trading

Retail traders don't participate in the interbank forex market. Imagine with 0.01lot.

Advanced volume trading

I am not into trading forex bots. The popular one is to trade at bollinger band stddev 3, avoid red news. If I am not wrong RickM trades forex bot. You might want to discuss with him. And Joyny who trades bots exclusively. url

Advanced volume trading

I trade manually. Algo trading is statistics based trading. Just let you know. I did spend time to build bots trading binary options. Anyone who tried this will know that the binary options brokers mess with your bot.

Advanced volume trading

Don't get me wrong, I am not against scalping. We all have our own preferred way of trading, we are individuals with our own preference. Our preference might change in our journey as our experience, expertise and knowledge grow - that's normal. ...

Advanced volume trading

The fundamental problem with volume is the volume from mt4 platform that retail traders work with is tick data from the broker which is mostly filtered meaning "dirty" tick data. This tick data which retail brokers label as volume is not the actual ...

Advanced volume trading

Since none of us retail traders have privy to market orders or actual inter-Bank transactions which we are not participants, isn't it correct that any reference to volume is pure speculation?

Advanced volume trading

So you are suggesting that RickM is advocating that the only right way for retail traders to trade is to scalp inside 1-5mins window? I am not disagreeing or agreeing, just want to clarify that RickM and you make clear your posts pls.

Advanced volume trading

Am I glad to read this. I don't have to crawl into PFs cave.

Price action at the core = family members' discussion project