Post was from 7 years ago. Congrats on earning

gbp triple top?

True that Yosefx. MP charts for spot forex go by how long price is at a certain level. No volume in the equation.

What is "The Value Area"?

Swiss National Bank. They've been accumulating a crappy Euro by actively defending the Eur/Chf floor. With an abundance of risky Euros, they have someone like the Bank of International Settlements (BIS) sell Euros on rallies. Eur/Usd is by far the ...

Price Action and Trading Discussion

SNB has to get rid of all those Euros somewhere..

Price Action and Trading Discussion

There is not enough data to take a trade. Time of day(liquidity reasons), economic releases, sentiment of the market ALL have an effect. Then there's order structure around that level.. A's side could be floating up during highly liquid hours ...

Challenging a Loser

This is my current favorite pair. I like it because it respects .00 and .50 levels well for precise entries. It also moves well pre-London, setting up traps, tripping barriers, running stops. The volatility is definately there.

Sterling Yen Trading

Not to argue, but do you or any others know of a different way to successfully trade? @redlion something to add: a market is a market so the same principles of price action will have to apply with foreign exchange the same as they do with future ...

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what does it mean to go more complex? To know where all active buyers and sellers are trading? That's what moves price.

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IMO — There's no relation to successful trading and any complex number. A market is not a puzzle with a definitive answer and it never will be. Trying to decipher it is a waste of time, especially for new traders that don't know better. Every ...

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Got it. — Everything is in Pi Even a trading analogy! The key to this are the 3 digits @ :32 in the vid

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/DX — Support trendline broken. image

Spider's Den

Gbp/Nzd yesterday — Although there is more to the trade than just the zone, you can see price runs in to supply above 1.99 for not one, but two trade opportunities. Profits taken at demand levels. An example of what PhAnTi' teaches in his ...

My E-Book about supply/demand trading - have fun

Great job on the book!

My E-Book about supply/demand trading - have fun

Played 1.32 like a champ! Awesome! Wow, nice play off of the GBP news. +V

Smexy Trades

No, you'll get some mixed outcomes. True hedge would be long & short the same pair.

US traders: getting around hedging ban?

Open 2 sub accounts with your broker. One for longs and one for shorts. IBFX allows me to do this with ease.

US traders: getting around hedging ban?

I've never understood why someone would purchase an EA for such a dynamic market when their money is on the line. Doesn't surprise me that there are troubles with them.

iExpertAdvisor: A Nightmare Experience

Agreed. Oanda is a good fractal source of the retail market. I wanted to post the pic of the bottom left chart of your link when it was on "One day" and you could see the order effects of the spike down.

SNB: will it or will it later? An order flow analysis

url I see a lot of limit buys and not many sell stops taken out. Those that bought on the drop have placed even more stops under ~1.1990.

SNB: will it or will it later? An order flow analysis

url Update at bottom says bank is NOT up to the challenge to hold the 1.2 floor... Link though says different : url

SNB: will it or will it later? An order flow analysis