Hi STrading On the information I provide on that chart, you are 100% correct on trade 3 being a bad trade. The aggressive market orders were still too dense and the expansion of those three candles was only moderate. What I didn't explain however is ...

Real or Algo

Hi Moodybot There is a few other clues we can use in determining if price will react at the next target and reverse. I believe we need to break down the target and describe what it actually is, a dense pool of PASSIVE limit orders that were placed ...

Real or Algo

Hi JayBag I am opening up a "Scalping Thin Liquidity" thread here in Forex Factory sometime perhaps around August including a TE to show case what is possible when you trade with an unfair advantage. Then instead of comparing size of our dicks, we ...

EURUSD

Hi JayBag Scalping does not turn traders into gamblers if they understand how the markets work. You just can't trade pullbacks or run with trends and hope to be a successful trader scalping the markets because these trades are all low probability ...

EURUSD

Trade as many pairs as you need to earn a living, but you can make enough on 1 pair. The bigger question is how many pips do you need to earn a daily wage. My opinion is 30 pips is all you need and that’s easy on one pair if you know it like your ...

EURUSD

Actually the lowest size spread helps but it’s not important, it’s about your skill and experience that enables profitability. I am in a forex trading competition at present where I have to use a certain broker to trade the comp account. I was ...

Best broker for 4-7pips scalping

Map a boundary around order flow where the market orders seem to have no density and harvesting pips becomes a mechanical process with little risk and high rewards.

In One Sentence - How Do You Trade?

The big players think long term but destroy retail traders short term.

Real or Algo

Hi Traders Don't forget to watch the magic the Algo will show us soon Very soon

Real or Algo

Hi GEfx The biggest issue in trading forex I believe is this. The setup we enter the market with may be valid for the following bar. All looks good then suddenly out of the blue comes some unexpected news that destroys our perfectly good setup and ...

Forex is random

Its a Auction.

Forex is random

Of course markets are not random, someone has a purpose to push the trade button. We just don't know what that reason is - but the reason did exist.

Forex is random

As I am not on my tick charts at present, I can't comment. However you are around the area I would expect to see the manipulation I talk about. Its just my opinion of course.

Forex is random

100% Spoken by a wise man

Forex is random

Hi Diceman In a sense I feel you are correct except stop losses would be the bulk of the retail traders limit orders. The problem is the big players place our orders into the end of a queue rated by importance. When price rolls into a liquidity pool ...

Forex is random

I would say experience with thousands of hours of chart time, especially on a 1 minute chart. Or you can start with a Market profile indicator. Visit the thread "Auction Market Theory and Market Profile"

Sam Seiden Goes DOWN

Without stop loss hunting, we couldn't trade because price would almost never move.

Forex is random

Hi Scchplendid Yes I have a Reversal EA on Demo using the TMAtrue as it's indicator and it works well. I would suggest using on a Turning time frames like M15. Please realise the MT4 tester is totally inaccurate as a tool to determine profitability. ...

Milking Pips From EurUsd with Bots

Hi CashBox I have followed your work in Aussie’s thread and you have improved your trading skills greatly over the last year. Your work looks good now but please don’t fall into the trap thinking you need to show large lot trade sizes to impress ...

Sam Seiden Goes DOWN

Demo Trader

Sam Seiden Goes DOWN