lol

The Really Useless Thread

EURCHF has "Telegram" written all over the chart!!!

vsa with Malcolm

LET YOUR WINNERS RUN! This is the only way to make it. It is easy to have 1-3 300-1000 pip trades a year if you let a runner free. I have learned to only take trades with at lease a 5-1 r:r. Find a hobby that coincides with your trading life. ...

I trade my own account for a living. Tell your story

You would have to with a 3.4 avg loss. With a 20 pip swing and a stop averaging you out that small it is possible, but not with a retailer and you know it.

EURUSD

No I'm just a realist who understands retail brokers.

EURUSD

If acting superior is stating facts, I guess I'm guilty as charged.

EURUSD

Not on a retail platform and not anymore!!

EURUSD

Find me a a trader then, I'm not talking about a 1-2 year retail rookie either. You wont. Go into any hedge fund or institution and try scalping, you will last about 30 second before you are shown the door. Why? Because in the end you will fail.

EURUSD

QE3 is now inevitable. Thats will be the headline for the rest of the day.

EURUSD

New releases are what drives the market and creates sentiment leading to trends. You will never find (since their our none) a trader making enough money to support himself "scalping". You will lose your account. They dont exist.

EURUSD

Stops all at BE. NFP coming up, most likely the market will zig zag after the release gunning for weak stops close to smaller time-frame stops on both sides of the market. If you have a position don't get shaken out early. This is no time to "scalp" ...

EURUSD

Yes. Obama found out the numbers earlier today. Its election time and he needs a good report. I'm trading in anticipation for a risk on day tomorrow in specific UJ which would lead into 100 giving way on the EJ.

EURUSD

I don't know if shorting as much as it is pre-NFP profit taking. Read a blip today that the last 4 times stocks were up more then 1% on the day prior to NFP, they closed the next day lower. Just something to keep in mind.

EURUSD

Find a new pair like GBPAUD or EURAUD, those have been no brainers.

EURUSD

The retail market piled into longs after the news release. All of those traders who use their small time frames are now stopped out and the market will resume its course. The herd got slaughtered and now the short squeeze continues.

EURUSD

Large traders are waiting for the ECB and Fed decisions on their countries monetary policies. Institutions will front run their order prior to these releases taking positions in the market. Sentiment is pointing to a continued rise in the Eur unless ...

VSA/Wyckoff Simplified

The guy in that video has no idea what he is talking about. Those are stop runs during thin market periods, no new revelation there.

VSA/Wyckoff Simplified

I agree on some points. To get the best overall gauge of volume you must use esignal or sierra charts. Seirra pulls from the single biggest retail provider and if memory serves me correct, I think esignal pulls from over 300 providers, therefore ...

VSA/Wyckoff Simplified

There is to much money exchanging hands in the Forex market to identify "smart money" as high volume spikes. Although I agree with your statements, I would encourage you to apply this strategy to stocks where there is central exchanges and volume is ...

VSA/Wyckoff Simplified

The country is called China, and they have lots of money to spend.

vsa with Malcolm