- Search Metals Mine
- fxjesus replied Jun 30, 2015
The current long/short picture doesn't tell full story and squeezes can only go so far - you can hike price to the moon but who are you going to sell to? That is why big pyramiding schemes crash and burn if you read market history books - ...
EURUSD
- fxjesus replied Jun 30, 2015
There's a lot of pending orders below. Since there's no clear direction or momentum, market makers will eventually try to fill all orders no matter where they are. Since the orders are below current prices, it's likely we are going to see those ...
EURUSD
- fxjesus replied Jun 29, 2015
All that happened was that some people had put stop losses in place before or during the weekend. So market gapped down, took out the stops (the market goes to orders that are nearby, regardless of what's in the charts) and as those people weren't ...
EURUSD
- fxjesus replied Jun 21, 2015
Market makes certain patterns because of the herd using various techniques based on the golden ratio. Or they try to exit at b/e, usually at entry or sometimes after doubling down if they think entry is not reachable. If the herd goes on a vacation ...
Want to know how to get rich?
- fxjesus replied Jun 20, 2015
I keep making that same mistake repeatedly. No wonder my orders aren't getting filled!EURUSD
- fxjesus replied Jun 20, 2015
I haven't actually used this kind of short term analysis before but I noticed a pattern in that chart that if keeps working, would suggest the following: If price breaks decisively to new highs, then 1.128 is support. However as I said earlier, if ...
EURUSD
- fxjesus replied Jun 19, 2015
I'm failing to see how can a rational person believe what you say so you have to be a promoter/marketer of some sort. Your entire thesis is easily proven incorrect: Lets say there's x amount on the offer. If you hit that on demo, does that x reduce ...
Were you one of the world's best traders trading demo?
- fxjesus replied Jun 19, 2015
If market follows the "maximum pain" theory, then we should see slow grind up (like what we are seeing - kinda - it's just large 'grind range' due to the uncertainty present). If shorts stop out at say 1.15 and just take losses, we could see 1.2 ...
EURUSD
- fxjesus replied Jun 19, 2015
I thought you were a contrarian. If you see 2 people wanting to buy and no one selling... you are going to join the buyers? What? Can you guys just please send me your money, then don't need to donate a cut to brokers/mm.Tick Sequence Pattern Scalping EA
- fxjesus replied Jun 19, 2015
When you open orders in ECN and you end up having profit, there's somebody out there having a loss and they're not liking it. (that's why I say that probability of hitting TP is lower than hitting order that increases your possible losses, atleast ...
Impossible to TP because of spread (workarounds)
- fxjesus replied Jun 18, 2015
Yet nothing in that pointless reply refuted anything I said, so why bother replying... unless your agenda is to confuse people. (infact most people I see posting here seem to be some broker buddies/promoters intending on just that) The only possible ...
Were you one of the world's best traders trading demo?
- fxjesus commented Jun 18, 2015
I think when giving public statements the banks actually have legal obligation to not tell truth about their position. So they predictably always give out their hand by telling the opposite if it's a binary choice... If you have access to their ...
What To Expect From FOMC? - Views From 22 Major Banks
- fxjesus commented Jun 18, 2015
The rich people who don't know what to do with their stash of cash loan the money to govt throught bond market, now the if govt can have a say in how much interest they pay on that loan, it just doesn't seem to make sense for them to pay more ...
Dollar droops as Fed refrains from clearer rate liftoff
- fxjesus replied Jun 14, 2015
The only and the most obvious answer is that in demo when you buy or sell, there is no counterparty. Now lets talk about the counterparties to retail traders: Markets move because of market manipulation and if you are buying from a market ...
Were you one of the world's best traders trading demo?
- fxjesus replied Jun 13, 2015
Orders that create a loss or increase exposure are pretty much free money for market makers. So of course the market makers try to grab all they can. More volume and volatility helps to bring more traders and thus more losers and profits to market ...
What I've never understood about trading
- fxjesus replied Jun 13, 2015
Buyers were apparently very enthusiastic/aggressive at eur/usd 1.39-1.4 and now it's trading at 1.1x. Sellers apparently got excited at 1.04. Market makers can have zero losing days because they don't speculate about direction. All ...
What I've never understood about trading
- fxjesus replied Jun 13, 2015
There's a book of orders where people post what they want to buy and sell at. Buying removes offer, or someone who posted the offer removes their offer at a price. It creates appearance that market moved up. Bottom line here is, that if eur/usd is ...
What I've never understood about trading
- fxjesus replied Jun 13, 2015
Did he make 50 to 250000 in single trade. If not, then the risk was not initial deposit but whatever was the current balance at each point a new trade was opened. (and good luck finding a broker which says you can't lose more than initial deposit + ...
Is trading really that hard?
- fxjesus replied Jun 13, 2015
I think I saw this in some old repair FAQ or book. Forget how it exactly went but there was a very complicated industrial machine which went broke. The guys operating it couldn't fix it (they were just operators (/traders), not people who understood ...
Is trading really that hard?
- fxjesus replied Jun 7, 2015
Shouldn't this be in the journals or systems forum... The tone of your post suggests that you don't have that much confidence but that could be a translation type of issue as well. (not necessarily bad, as reversals can occur when you and others ...
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