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saneblane commented Apr 21, 2014"Now you and others can point to the minutiae where HFT can in theory and arguably in practice affect the FX market" That's the only thing you said that made any sense. But not this in theory nonsense, it affects the market and in turn affect ...
High-Frequency Fight Starts in Foreign Exchange
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saneblane commented Apr 21, 2014"Your cognitive biases, cognitive dissonance and confusion are affecting your ability to think straight and rationalise the situation correctly. I have to chuckle at the couple of hundred dollar accounts on here with their zero experience and close ...
High-Frequency Fight Starts in Foreign Exchange
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saneblane commented Apr 21, 2014Sometimes I just have to laugh. Trading is a zero sum gain, if it's not making you money then most likely it's costing you money, and HFT is surely not making me any money. The fact that someone can believe that HFT and retail exist in a different ...
High-Frequency Fight Starts in Foreign Exchange
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saneblane commented Apr 18, 2014"It's a simple message; HFT has no affect on retail trading. Retail only exists in its own bubble and accounts for less than 8% of FX turnover and the vast majority of that turnover approx 99% (trader losses) is carved up between the brokers and ...
High-Frequency Fight Starts in Foreign Exchange
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saneblane commented Apr 18, 2014I don't understand what you mean. That's like people that have a cable bill for $120 and the cable company increases the rate every year by 25 cents some won't care but eventually those cents turn to dollars. No one knows how much they take from us, ...
High-Frequency Fight Starts in Foreign Exchange
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saneblane commented Apr 18, 2014These guys make me sick. HFT is nothing but market Spam, and these guys front running everyone with their fast computers is just sick stuff, if everyone had the same advantage then there would be no advantage. I mean putting a box right next door to ...
High-Frequency Fight Starts in Foreign Exchange
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saneblane commented Apr 18, 2014I can talk all day about the things I don't know. Sometimes It amazes me that people can have faith in a system that they don't know fully about, some people trade Pivots, but don't know how a pivot happens. And some trade support/resistance and ...
What if we all Know Less Than we Think?
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saneblane replied Apr 16, 2014"2 days later, same feeling of invincibility and traded G/J again. This time, lost $18K in a few hours" Hahah thanks for the laughs man, and it just might make you a better trader for it. Geppy is known as the dragon for a reason, I don't mess with ...
Most memorable trade?
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saneblane replied Apr 16, 2014"MT5 and JForex can do that, MT4 not" I think you have a point there. Down in the fast timeframe regions where you need speed MT4 just don't cut it, a friend of mine is on ctrader and I would most likely switch to that platform, it just looks and ...
Do scalpers make money in the long run?
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saneblane replied Apr 16, 2014"In my opinion, the backtester should be used only to confirm that the strategy is trading according to rules (if you were talking about EA). The only valid way to test profitability of a strategy is forward on a Live environement." You know I use ...
What information is important in backtesting analysis?
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saneblane replied Apr 14, 2014The question is like a loaded gun, because a trend is just a few time frames away. You are always in some kind of trend, you might be trading a 5 minute chart and selling in a 4 hour down trend, or buying on the 1 hour in a weekly up trend. ...
Why chase the trend instead of the range?
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saneblane replied Apr 14, 2014"the problem is that the first few sentences are the opposite of the truth. the buying/selling of a pair like eur/cad for instance in the span of a month lets say does not dictate where eur/usd and usd/cad will be sold, it's an absurd notion because ...
Money flows: Trading the strongest / weakest major currency cross
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saneblane replied Apr 14, 2014"This is why you trade small and keep stops out of the market." That's a whole other debate, but some people myself included want to compound our accounts into more money, heck that's the whole premise of trading and trading without a stop would be ...
How do you read PA?
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saneblane replied Apr 14, 2014"I guess it comes down to how we all interpret things. You refer to it as stop hunting and I just think of it as creating liquidity" That's a whole other debate. but i get the idea, it's alright man I guess it was a misunderstanding. We can debate ...
How do you read PA?
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saneblane replied Apr 14, 2014What a waste of time this has been for me, I thought you were going to tell me something new and teach me something but ended up wasting my time repeating things that those $100 to $1000000 scam brokers love to advertise. I am going to leave you ...
How do you read PA?
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saneblane replied Apr 14, 2014Listen JoeNY, your opinion don't mean a thing to me, at the end of the day you are just another trader so am I. That nonsense you post was so crazy I don't even know how to take you. "You are over thinking it. It's just trading. It's just orders ...
How do you read PA?
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saneblane replied Apr 14, 2014"Experience and knowing the instrument being traded well combined with probability takes care of all of this... Not hating, just trying to help all of you... really" Don't go back in your shell now, you are hating but that's fine. You seem to be ...
How do you read PA?
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saneblane replied Apr 14, 2014"You are over thinking it. It's just trading. It's just orders being placed and filled. It's a marketplace. Learn how to trade and don't worry about stop hunting" And That sir is why you are what you are, and I am what I am. You think I'm new ...
How do you read PA?
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saneblane replied Apr 14, 2014Take it easy man I meant resistance and support. I trade supply and resistance daily and know there worth, but simply put that is a bare chart, where is volume? You cannot trade supply and resistance properly without seeing the amount actiivity. And ...
How do you read PA?
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saneblane replied Apr 13, 2014There is nothing to be seen in that chart, it all comes down to best guess. There is not enough information on that chart, Even Resistance zones are becoming less reliable these days. The easiest thing to do is look out for areas where price is ...
How do you read PA?