- Search Energy EXCH
- bloodpoodle replied Feb 11, 2017
Indicator spam above! Don't get it.... You want a connection with price movements on a deep internal level... Don't cover you charts with any BS indicators that will distract your focus from Price structure created by candles. The only thing I use ...
What works, and what doesn't
- bloodpoodle replied Feb 11, 2017
Time of day studys are a good thing. example-- Study of what euro does after usa open.. image From this chart I see USA SESSION USUALLY BUYS EURO's after usa opens... Knowing this gives me an edge. This is a hint to my session bias Time of day ...
What works, and what doesn't
- bloodpoodle replied Feb 11, 2017
WHen is the best time of day for a major reversal? London open, USA open I'm in a trade and it spikes in my favor, what should i do? Take some or all profit! Spikes don't hold long.. so neither should you. ......... I call this quick pip rule. if i ...
What works, and what doesn't
- bloodpoodle replied Feb 10, 2017
LOL
People who been trying trendlines or supply demand, and failing... Might just give it a try.... Sometimes changing the way you think is the answer. We have all been down the trendline road.. Its the first thing 99% of traders do... image What works, and what doesn't
- bloodpoodle replied Feb 9, 2017
Also try averaging in.. Most profitable traders split their trade into 3 or 4 parts. If your trading .1 trade .03's and let the trade develop.. looking for strong weak moves along the way. Try this.. it may surprise you at how much more your able to ...
What works, and what doesn't
- bloodpoodle replied Feb 9, 2017
Eliminate these words from your vocabulary... Trend trendline supply/demand momentum Ad these words: volatility Liquidity Lack of Liquidity Weak move (spike) strong move (grind) sideways and sloppy. London open, london lunch, usa open, london close, ...
What works, and what doesn't
- bloodpoodle replied Feb 9, 2017
Too many supply/demand posts... You will find trading sam seidens stuff will make you broke... if you want to discuss his BS go to a supply demand forum.. Mark out the Strong and weak area's.. Post some charts of strong moves vs weak moves. note the ...
What works, and what doesn't
- bloodpoodle replied Feb 5, 2017
you should be making good money at 50:1... if your not.. the 50:1 isn't your problem!
Trump Dodd-Frank
- bloodpoodle replied Jan 22, 2017
Mechanical systems don't work all the time... You have to wait for conditions to be right. Look what markets are doing.. risk off/ risk on? whipsawing? i been trading mostly asian and London session... USA just a giant whipsaw for 1.5 month.. Hard ...
Most traders fail because of no discipline!
- bloodpoodle replied Jan 2, 2017
Backtesting to find one consistent setup that works is often a myth. Your missing too much info just looking at the chart. Such as is there a KEY news event everybody waiting on, A vote, A central banker speech. Are we in risk off and stocks are ...
How to Correctly BackTest, Collect Data, and Analyze A System
- bloodpoodle replied Dec 24, 2016
Consolidation will chop up all your profits. Market consolidates 80% and trends 20% So odds not in your favor for long term. This is what will happen eventally.. Ma's will get stuck in chop.. giving tons of false signals. image
over 80% profitable system
- bloodpoodle replied Dec 23, 2016
japanese candles Time of day (london open, usa open, london close) Liquidty gaps (spikes) (when prices moves too far too fast)
Your top 3 indicators
- bloodpoodle replied Dec 21, 2016
Don't be lazy.. draw it by hand... (will also keep you from blaming the indicator)
Need Best Support and Resistance Indicator
- bloodpoodle replied Dec 17, 2016
Your on the right track looking at the candles.. Question I would have is did mother candle break S/R levels... then look to trade around the broken levels. Now that your studying big candles,, take it to the next step.. Study consolidations, Study ...
Second thought using Mother Candles
- bloodpoodle replied Dec 11, 2016
Why are you so concerned about what other people think? LOL
Day Trading from Home Psychological Support
- bloodpoodle replied Dec 10, 2016
Rather then Math based system. Just look for patterns that repeat. For example I expect volatility in certain pairs to pick up once London opens.. Traders often will only hold the trade until USA is about to open... then they will Take profit going ...
Psychology, Mathematics and Numerology
- bloodpoodle commented Dec 1, 2016
Could we retrace a bit.. Sure... hawkish fed still is doing rate hikes. Bullish for USD in long run.
Trumps Dollar Surge to Die in December?
- bloodpoodle replied Nov 20, 2016
There is always manipulation.... expect it... Real question is Did aud fall when rates were cut 5% to 1.5%.. YES Did usd go up when QE stopped and rates were hiked... YES Markets will move with interest rate expectations.... Expect some manipulation ...
Fraud in Forex