Maybe just as a general point. I think the real question here is, what is the average win and average loss size for these trades. Doesn't scaling in automatically favour taking a larger position on poorer trades because the good ones would have ...

Trading Made Simple

Perhaps subconsciously your brain is telling you to long at 1.48 instead of 1.49... Actually based on the chart you posted, seems to me better to wait for a new low before going long. I think MM will try to hunt for liquidity/stops below the current ...

Sonic R. System

it works about 50% of the time; but in a good trend it'll work almost every time. especially those m15 pinbars/2 bar reversals... once price exceeds the set-up to trigger the usual reversal entry you should fade the reversal and go with the trend - ...

Trading Made Simple

yeah by default every post has a picture - don't you see that profile pic in the corner? but seriously though, there was no need for a picture because I was just agreeing with TAH's post and stating a point, and then a brief continuation... I ...

Sonic R. System

intra-day trend has rotated to bearish (imo), really curious how late US session will turn out at this rate.

Sonic R. System

The latest development (i.e. making a marginal new high) actually removes 170.30 from being a credible support and straight away opens up 169.50; so i have to agree that a huge waterfall drop may be around the corner here if the rally fizzles. Only ...

Sonic R. System

ok thx shall give it a try.

Sonic R. System

I am using the template, just not all of the functions toggled on... the fanciful candles are irritating distracts me from important price action so i stick to the volume bars below and the dragon is too huge once again blocks price action so I just ...

Sonic R. System

just look a little oversold to me and the 4H playing field is highly ambiguous imo, would like to see a rotation back up for a healthy medium term trend that's what I mean. ofcourse if UJ breaks weekly trendline support with no bounce... and GU ...

Sonic R. System

yes medium term i agree there's good downside potential, but intra-day and next couple of days could have some whipsaw... i operate mostly intraday basis so I have got to respect the uncertainty and randomness in the market; in an uptrend any ...

Sonic R. System

170.30 target for tp and reverse.. image closed half; trend still up, watch out for sudden reversal... image

Sonic R. System

I was expecting a breakout upwards too, even added to my long... but I closed and reversed; order flow didn't seem right and the volatility plunged... may target 170.30 before going back up.

Sonic R. System

Yes I agree with this, but the job of the trader is to navigate the randomness amidst the apparent order. You can expect price to go to somewhere after a certain economic news/event and you might be right, in the sense that price eventually gets to ...

Do you believe this market is random?

This is a randomly generated chart with a upward drift... I see lots of structure too. In case you were wondering, all four charts are from the exact same underlying probability distributions (just a different realisation)

Do you believe this market is random?

It's possible to fit most of this under a random walk hypothesis. Your TF is too small.

Do you believe this market is random?

Here's a blog I strongly recommend: url The writer is an author of several trading books and he has worked with numerous successful and failing traders. You'd be surprised how his views diverge from some of these mainstream crap you hear around on ...

Surfing with the Guppy: An intuitive approach to trading

Intraday Trading in 5 Questions 1. Should I trade? (Yes/No) 2. At what price should I trade? (Exact price) 3. Answer question 2, in a more precise fashion. (Exact entry method) 4. How do I manage my trade? (Exact exit methods; exact trade management ...

Surfing with the Guppy: An intuitive approach to trading

Another entry, this time going long, after closing my shorts. Objective here is to practice my entry; I am aiming just to cover the transaction costs, any profit is a bonus... There is no information edge here, I am not utilising any levels/SR Trade ...

Surfing with the Guppy: An intuitive approach to trading