- Search Energy EXCH
- bloodpoodle replied Oct 8, 2015
image Just watch the weak area's.. "Strong" moves Leaves a weak market structure.. When market structure is weak there is opportunity. Next time you see a quick pop.... think how weak the market structure is.
What works, and what doesn't
- bloodpoodle replied Oct 8, 2015
image Todays trade.. weak run up in euro... So I was looking for short. Took profit a bit early due to reaching my daily goal.. wish I had held it a bit longer.. When seeing a quick run up... you should be asking .. .where do I short!
What works, and what doesn't
- bloodpoodle replied Oct 5, 2015
a thin quick run up leaves a gap in liquidty... nobody puts orders in the middle of huge candles.. So price falls right back down to the base of the big candle.
What works, and what doesn't
- bloodpoodle replied Oct 5, 2015
My system isn't about following a trend.. Its about playing volatility. Shorting pops and and buying drops, and playing the liquidity and lack of liquidity.
What works, and what doesn't
- bloodpoodle replied Oct 5, 2015
Market ranges approximately 75% of the time on average... and trends 25%.. So I'm betting on a ranging market because odds are so in favor of a range.. Take a look at your charts.. Most of the time market pulls back into range after a spike out of ...
What works, and what doesn't
- bloodpoodle replied Oct 5, 2015
image Todays trade.. Thin run up = weak.. Hit area of liquidty which was cap from NFP and came right back down. odds were in my favor.. quick run up was weak.. and it was overbought.. Sell high.. don't buy high.
What works, and what doesn't
- bloodpoodle replied Oct 5, 2015
Slow grind only to be shorted if they first show you weakness and make a lower low.... never be the first to short... The odds are much higher in your favor Shorting a fast move up... or buying a fast move down... then getting caught in grinding ...
What works, and what doesn't
- bloodpoodle replied Oct 4, 2015
At lease nobody saying I'm wrong about what does work...

What works, and what doesn't
- bloodpoodle replied Oct 4, 2015
Whutevuh dude... Go trade your trendlines Price can move in one direction for a long time... But price will move at different speeds based on liquidty.. thus never respecting the trendline enough to be consistant. image
What works, and what doesn't
- bloodpoodle replied Oct 4, 2015
image Market structure is important... If you don't use MARKET STURCTURE, it needs to be in your vocabulary. chart showing that quick inefficient moves don't hold and are good opportunities! The gray boxes are London open to close and not that ...
What works, and what doesn't
- bloodpoodle replied Oct 4, 2015
image This chart shows the liquidty surge during London... Bulls keep pressing for a while as London can be strong. Going into Usa you see the bid drying up.. and price falling back into Asian range... When Liquidty picks up again and USA open its ...
What works, and what doesn't
- bloodpoodle replied Oct 4, 2015
image Entered this trade after 2nd leg retrace... it was up near highs on daily chart.. We were going into End of quarter and Non-farm payrolls were coming up in a few days.. I saw that Liquidity was drying up into the big NFP event in 2 or 3 ...
What works, and what doesn't
- bloodpoodle replied Oct 4, 2015
A trade I took on Thursday... Based on a weak run up in N/U image Notice the Market structure... Thin run up gets faded... Can you see other quick runs on this chart? How did they hold up over time?
What works, and what doesn't
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What works, and what doesn't
Started Oct 4, 2015|Trading Discussion|492 repliesI have done backtests of multiple systems trying to find what works and what doesn't work. The ...
- bloodpoodle replied Oct 4, 2015
5% Is way too much to risk Per trade... PERIOD! Especially for a rookie!! Sorry if you expected Fx to be easy quick money... Its not... No pro I know risks 5%
5% risk per trade?
- bloodpoodle replied Oct 4, 2015
Scroll back on a chart... Draw a random line on your charts.... Now move your chart forward... Watch how price reacts to it... Does it seem to be support/resistance? Probably... Draw another Random line... Keep repeating... till you get the point....
holy grail support & resistance?
- bloodpoodle replied Sep 28, 2015
anybody Think uranus is maybe signaling a E/U long?
Planetary Cycles Trading (EUR/USD)
- bloodpoodle replied Sep 27, 2015
Just a thought here... This may blow your mind.... Pick a random spot on your chart..... Draw a random horizontal support and resistance line at the spot you chose. Does price react to that level? Does it appear to be acting as support / resistance? ...
Support and Resistance Method - Pharley
- bloodpoodle replied Sep 22, 2015
Good advice. No holy grail. Find your personal connection to the market.. Be it fibs, MA's, Support/resistance. Then run with it.
Just a bit of advice, for anyone, for free
- bloodpoodle replied Sep 22, 2015
the power of trendines to lose you money! If it were as easy as drawing a trendline we would all be rich! Usually trend lines are the way noobs blow there accounts.
The power of trendlines