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MatDerKater replied Dec 25, 2021Yeah...classic routine.....trap traders following the preceding trend moving into key level, jack knife back up taking out the previous anchor points (and a bunch of stops), then reverse back down into congestion zone before springing off....see a ...
1M Price Action System
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MatDerKater replied Dec 23, 2021If by MMs you mean, lots of 'M' shapes formed by price, then I understand where you are coming from. This is also how I got taught how to trade. Focusing on stuff like candle shapes and patterns, and break outs of trendlines and horizontal ...
Looking to start a small Forex trading mentoring Group
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MatDerKater replied Dec 23, 2021Yeah, I remember your EURUSD Short 'flat breakout' trade idea from a few days ago, and considered it extremely a little naive.....I reckon I would be able to show you the odd tip and trick and that is fine....if I am going into old ground with stuff ...
Looking to start a small Forex trading mentoring Group
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MatDerKater replied Dec 23, 2021If you are interested, then say Aye! Only needs to be a small handful of interested parties to make it work. To get sufficiently good at this, really fkn good, it takes constant study and analysis, which like playing chess against yourself, gets ...
Looking to start a small Forex trading mentoring Group
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MatDerKater replied Dec 22, 2021Be aware of all the red herrings and wild goose chases that educators who don't really know what they are doing will feed you and education retail material intended for the masses....."ooh, price is breaking out of a trend line, the baby pips module ...
Any Advice for a Beginner?
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MatDerKater replied Dec 22, 2021That is what the utter fkn dunce who taught me how to 'tarde' instilled into me. Has to be an algorithmic approach. If your criteria are met, then you must take the trade etc etc.... ......there aren't many days that go by without me wanting to ...
Hidden divergence
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MatDerKater replied Dec 22, 2021Price has chopped and swung around this level 13-14 times in the past month, but this time is will be the last time, because...........?
EURUSD
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MatDerKater replied Dec 22, 2021Why would your SL be bang on a Supply and Demand Zone? (seen someone do that here in a EURUSD trade yesterday....his SL right where my entry was.....mind you, he got filled and hit his target, and I narrowly missed getting filled).
Real Trading
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MatDerKater replied Dec 21, 2021nice trade....but what gave you the confidence to enter where you did, and have your stop loss placed where it was......basically right where my entry was (which of course hasn't been filled....yet...
EURUSD
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Looking to start a small Forex trading mentoring Group
Started Dec 21, 2021|Recycle Bin|22 replies
I am looking for other traders to form a small trading mentoring focus group with. I realise ...
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MatDerKater replied Dec 21, 2021Looking at Long opportunity in EURUSD: image Screenshot shows a valid trade idea in itself....or the trader can sit and watch market waiting for signals to come in that would: a) offer up significantly better RR b) offer up similar RR, without ...
EURUSD
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MatDerKater replied Dec 21, 2021Indeed, and as I am sure many people will be able to relate to, Driving Instructors actually teach drivers to drive like fkn retards, a bit like most trading educators.... .....or to put it more charitably, if the trading educator isn't a complete ...
EURUSD
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MatDerKater replied Dec 20, 2021In my view, shooting for 5:1 rr is very retail. Going to be a lot of losers, and a lot of big winners that turn into scratchers (or even losers) which is going to be very hard for most traders to take. Linda Raschke refers to an academic study in ...
EURUSD
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MatDerKater replied Dec 20, 2021Cos you were probably taught to look at all the wrong things...candle patterns, candle shapes, momentum divergences, MA crossovers, fib ratios etc etc..... ....instead of being taught to look in the right places, and defining the 'right place' or a ...
EURUSD
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MatDerKater replied Dec 20, 2021Wouldn't count on that at all.....the risk on pairs are all at big long term Weekly S&D levels where they could easily be expected to turn....doesn't mean that they will turn, but there will certainly be a bit more turbulance and chop, and likely a ...
EURUSD
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MatDerKater replied Dec 20, 2021Get an ethernet cable. WiFi will fry your balls and make you infertile.
Real Trading
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MatDerKater replied Dec 19, 2021There is an argument in the first example, that price had faked out a previous Daily low, and then started to build a new trend to the upside. It is slight, but it is there. In the 2nd example, there is no confirmation that the trend has changed ...
Real Trading
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MatDerKater replied Dec 18, 2021Whatever... .....the main take away from all this is..... ......you don't sound like a trader. .......you don't act like a trader. Take your petty 'got nothing better to do' squablles elsewhere.
EURUSD
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MatDerKater replied Dec 18, 2021What u talking about? I don't trade EURUSD... ....cos it's TOO FKN EASY! n00b.
EURUSD