Depends what you call smart money management. Many successful traders like myself use no stops, no set profit targets, plenty of hedging where required and rarely have a losing trading day in months. If you follow the sheep and use the money ...

Sam Seiden Goes DOWN

Hi Jimtrade The war of altitudes between the daily / weekly traders taking long term positions and the 1 or 3 minute scalpers taking very short term positions always intrigued me. I have spend years on both sides of the battle but for me there was a ...

Sam Seiden Goes DOWN

Hi Winston If you wish to have a go at me, that's fine but please have the decently of referring to me as Rick in what you call a pitiful thread. I was referring to the standard definitions of supply and demand, support and resistance that are quote ...

Sam Seiden Goes DOWN

Diceman said - "Very few are able to capture this initial move but we can trade the corrective moves as the market needs and will return to efficiency " "The structure of this market is as wonderful as everything else in this world.it has ...

Forex is random

Great Videos BWilliam. Looks like we are working on similar theory's of time forecasting- We do have an unfair advantage We can actually predict the future with some decent accuracy if we do a lot of mathematics then average out the bumps. Which ...

Sam Seiden Goes DOWN

Hi Winston Lets get to the facts on whether price action rules work or not. The answer is very easy because I also design, write and build Algorithms so I can build price action models that follow any price action strategy I like. I also work with a ...

Sam Seiden Goes DOWN

The fact remains most traders that get taught or learn Price Action strategy's will just end up losing. The traders who get taught or learn Price Mechanics of Order flow will understand the market better and normally end up winning. There is a major ...

Sam Seiden Goes DOWN

Totally agreed, Supply / Demand along with support and resistance do not exist. If a trader spends enough time on a 1 minute chart, they may start to understand what moves price.

Sam Seiden Goes DOWN

I would say if you see the market as random, you haven’t understood the PURPOSE OF THIS ACTION. If you can’t understand its movements, perhaps that is the point. What is the first thing a dog does when he exits a river. Cheers Rick

Forex is random

Hi SirOrigami Brokers use different servers which each have different amounts of liquidity. IC Markets for example has about 15 servers, some for the A Book clients, the rest for the B book clients. Last week on that Gold trade, half of their ...

FTMO - For serious traders

Hi AmmaBoss If you have worked with the master trader profitfarmer and seen how he trades, you have nothing to prove to me. We may be trading along similar strategy's. Cheers Rick

Forex is random

I ...M.......s, the biggest broker in the market. There is a Algorithm in the centre of the Forex market that performs the Auction Task. I believe it has a coding fault which is used by some parties to manipulate the market. All it takes is a ...

Forex is random

There is one Algo running the show. But first you have to read a post I wrote a week back about how MT4 brokers place new traders into different serves which have lower liquidity. My mate lost $7000 on a Gold spike that only occurred on half of ...

Forex is random

Can we both agree the market is heavy manipulated by big players and Algo’s. Therefore the answer is to develop trading systems that trade the manipulation, not the price action. If a trend really does exist, it’s the last thing we should be trading. ...

Forex is random

Again I agree with a lot you write but let’s not talk about 100% repeated success. The aim should just be to end with a higher equity than you started with on each session. That’s every session if you trade on M1, by the end of the month on higher ...

Forex is random

Correct - although volume doesn’t start a move, it just creates momentum ensuring volume follows through later. I see the market is ONLY about order flow as seen on M1 or M2, higher times are just about levels to me. My point is all trends start in ...

Forex is random

Many traders like myself do not need to be aware of the bigger picture to make money out of forex. We follow the order flow watching passive orders been hunted down with aggression then jump in at the extreme exhaustion points. I traded EURJPY quite ...

Forex is random

Hi karunrer Now I have you talking, sorry if I was a bit rude. The markets are being attacked with massive volume from high frequency traders which is creating a market that is changing year by year. The nice big reliable trends some traders look ...

Forex is random

Now I love a trader who shares, I’ll check it out later. I believe you just nailed it, I let the price come to where I am waiting because recent historical data tells me that something normally occurs at this point on a grind. That point is just a ...

Forex is random

Hi v2vboni That was a nice video and thanks for the link. I am referring to how the market speed increases through areas of thin liquidity. When speed increases too fast, many orders get missed or passed over in this rush. Price then gets pulled ...

Forex is random