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Shabs19 replied Oct 28, 2022Hi TT, I agree with you, We only have data that is available to us. Corrupt data is the bane of traders. How I often check if there is some manipulation is check previous days candles, maybe 2-3 days to see if there is a regular occurence at those ...
Flying Dutchman
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Shabs19 replied Oct 27, 2022I don't go lower than 15m charts, too much for me, can't see the forest for the trees.......... What I call a Paid Return Ticket. I leave a gap to the right side of chart to add any notes. image
Flying Dutchman
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Shabs19 replied Oct 27, 2022On both your chart & TT's chart opens match mine, although the diffrence is a huge Gap down on your charts with 23.45 & 0.00 candles of 20 pips ( Strange). I don't expect that big a gap on a weekday, Unless there is major News, which there wasn't ...
Flying Dutchman
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Shabs19 replied Oct 27, 2022Brokers with GMT+0 seem to have this problem. I looked at the another platform (UK broker) and I get the chart you posted. Find a broker with GMT+2 as it reflects US Close and eliminates Sunday candles as a bonus. Price below DO is a good indicator ...
Flying Dutchman
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Shabs19 replied Oct 27, 2022Hi TT, I start by looking at the 30m charts to give me a broad view, yesterday's action and mkt todays opens and look at market flow. Once I have marked up levels, drop to 15m & look for set-ups. There are a number of plays that occur daily, you ...
Flying Dutchman
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Shabs19 replied Oct 27, 2022Hi TT, I have looked at your GJ chart you posted, Daily Open looks different, is that at 0:00 hrs ? My chart although I dont trade Asia Open, as I am sleeping then. My chart looks like this and the trade entries are clear: image
Flying Dutchman
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Shabs19 replied Oct 25, 2022No it's not any of those . It's a market play by UK Session traders opening, usually happens in the first half hour of the UK Open, the EU session open is the set-up It's a beautiful example of How Asia, Eu & UK Traders can work together and create ...
Flying Dutchman
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Shabs19 replied Oct 25, 2022So the conclusion is that the system is not the Edge or can it if it's in the right hands ? Edge cannot be found, no matter how hard you look for it ? Conclusion must be because it is a Negative Sum Game. Markets keep changing, so past data is ...
Where's The Edge?
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Shabs19 replied Oct 24, 2022I have only recently watched one video of SB, after people here were talking about him. My belief has always been is the Price on your chart is always right, reflecting all the Buyers / Sellers actions, positions, beliefs. You need to study just one ...
Flying Dutchman
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Shabs19 replied Oct 24, 2022When Price fails to Hold Highs, it means Buyers are exhausted, Note always at UK Opens (very often) Professionals encourage retail to go Long. (M15 candle shows this clearly). That is the cue to SELL. Selling later on though it might have worked, ...
Flying Dutchman
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Shabs19 replied Oct 24, 2022People by their very nature are LAZY. Some of the Best Excuses for failure are: 1. If only I had a super fast dingle-hopper computer and at least more than 4 x 50 inch screens 2. If only I had studied Maths at school & learnt statistics, economics, ...
Where's The Edge?
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Shabs19 replied Oct 24, 2022Looking at the 5m chart too close to the screen , zoom out, the level to watch was @ 1.13699 as seen on M15 or M30 charts. Though retested 3 times, UK traders entering the market made the move happen. EURAUD was the chart to be on, clear Strength vs ...
Flying Dutchman
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Shabs19 replied Oct 24, 2022Everyone has access to a computer, with data & analysis, charts etc. Everyone has access to a broker, assuming they have enough capital to trade. Everyone can study maths, learn a strategy, build or buy an Ea/robot to trade. Yet the failure rate is ...
Where's The Edge?
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Shabs19 replied Oct 24, 2022I beg to differ, the OP has not commented yet, He agrees there must be some edge, somewhere but not necessarily the trader himself. He believes in the quantative side, I am assuming (post#4) or is it just anyone who has technique that makes money ? ...
Where's The Edge?
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Shabs19 replied Oct 24, 2022This is the Trading Discussion Thread, Welcome to the Sink Hole. You want the Interactive or Trading Systems Threads for th ediscussions that you are after................
Where's The Edge?
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Shabs19 replied Oct 24, 2022Forgive me but you are not the OP, Riskcuit is. Who gave you the authority to end the discussion ? We are still waiting for the OP's comments, because clearly he has an opinion.
Where's The Edge?
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Shabs19 replied Oct 24, 2022I have said all along, it does not matter which camp you belong to, as the edge is clearly YOU, the trader. Interactions with other traders is what this Forum is all about, we can learn from each other. You can have a brilliant system traded & ...
Where's The Edge?
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Shabs19 replied Oct 23, 2022Turkeys don't vote for Christmas, Do they ? Can't see a GE unless New PM cannot control his rabble, socialists are no better.
Where's The Edge?