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TRD

Quoting TheRealDeal
{quote} 50% off {image}
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never give up
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Quoting TheRealDeal
never give up {image}
took BE on long, had short try but didnt workout so long again now
Quoting TheRealDeal
{quote} took BE on long, had short try but didnt workout so long again now
dont understand whats going on, so stay away and try to scalp for just few pips
want to buy above 3756
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Quoting TheRealDeal
{quote} dont understand whats going on, so stay away and try to scalp for just few pips want to buy above 3756 {image}
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Quoting TheRealDeal
Please understand! We are not trying to predict where the market will go! 1. We anticipate daily range expansion in one direction. 2. Try to get the high or low of the day 3. Wait patiently for market to give us profits We need only 2 things to find a good spot: 1. Liquidity pools (Where are the stops located?) 2. Space in trade direciton Don't not over complicate. It's simple. Three phases of price movment we anticipate: 1. Manipulation (stop hunt) 2. Accumulation (ITs accumulate positions. We too!) 3. Distribution (ride price for profits)
Hi TRD,

Thank you for sharing.

What do you think of using orderflow softwares or level 2 data for spottting/confirming liquidity pool and manipulation?
Quoting TheRealDeal
{quote}. {image}
took the first loss. hard day.
last try for long and i am done
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Quoting dayodj
{quote} Hi TRD, Thank you for sharing. What do you think of using orderflow softwares or level 2 data for spottting/confirming liquidity pool and manipulation?
level 2 is available only for futures and stocks, not spot forex. Most people trading futures i know find it useless. Very few use it, but who knows if it gives them advantage. Probably same advantage as chart. But you can try it for few years, come back and tell us the difference.
didnt even have the time to call it, so quick break. Could go both ways. Above entry looks clean too
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Quoting TheRealDeal
didnt even have the time to call it, so quick break. Could go both ways. Above entry looks clean too {image}
half R loss, too tight SL, but sold again
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Quoting TheRealDeal
{quote} half R loss, too tight SL, but sold again {image}
lost 1.5R, but i think i got direction right I expect rain of Rs now
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Quoting TheRealDeal
{quote} lost 1.5R, but i think i got direction right I expect rain of Rs now {image}
+7R on this one and great long setup
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Quoting TheRealDeal
{quote} +7R on this one and great long setup {image}
not too bad
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last attempt for a buy. free ride, because have to go out
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Quoting TheRealDeal
last attempt for a buy. free ride, because have to go out {image}
A remarkable set of trades. I have trouble working out what you did after the fact let alone before.
Also, the 1 minute chart is real fast. I'm not used to it.
Quoting Trade.Time
{quote} A remarkable set of trades. I have trouble working out what you did after the fact let alone before. Also, the 1 minute chart is real fast. I'm not used to it.
Depending on your chart representation (TF, Ticks, volume, pips) you can increase the intervals and you will make it slower to fit your lifestyle and personality.
What i am doing here is risky, because with such a pace i can easily overtrade and start doing mistakes. I do that for practice and the excitement of scalping. But i can tell you is less profitable than carefully selected setups. And you need to watch a lot of instruments for that reason and for longer period of time.

So i like to do both. It kills the bordem of trading
Quoting TheRealDeal
{quote} Depending on your chart representation (TF, Ticks, volume, pips) you can increase the intervals and you will make it slower to fit your lifestyle and personality. What i am doing here is risky, because with such a pace i can easily overtrade and start doing mistakes. I do that for practice and the excitement of scalping. But i can tell you is less profitable than carefully selected setups. And you need to watch a lot of instruments for that reason and for longer period of time. So i like to do both. It kills the bordem of trading
see this one was carefully selected. We have full story there and how sell limits were removed and buy stops were hit on the way down (blue compression) into the mega level (red). I wasnt expecting such a big reaction. See, before the fact and after the fact its like 2 different worlds. Thats why trade management doesnt work after the fact.
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Quoting TheRealDeal
{quote} Depending on your chart representation (TF, Ticks, volume, pips) you can increase the intervals and you will make it slower to fit your lifestyle and personality. What i am doing here is risky, because with such a pace i can easily overtrade and start doing mistakes. I do that for practice and the excitement of scalping. But i can tell you is less profitable than carefully selected setups. And you need to watch a lot of instruments for that reason and for longer period of time. So i like to do both. It kills the bordem of trading
Thanks for the explanation. I know that for me, boredom trading is way too dangerous. I'll stick to slower charts.
Quoting Trade.Time
{quote} Thanks for the explanation. I know that for me, boredom trading is way too dangerous. I'll stick to slower charts.
Slow is good, but the disadvantage is that you are out of sync with real time. So you will tend to close trades for loss or profit earlier and need good time planing. I have that problem. I am highly impatient that why I was feeling most comfortable with the tick chart (raw ticks), so my trades can last from few seconds to 1 minute. But cost and stress factor is too high. But on the other hand less variables will interfere into your trade. If you have a trade open for 1 day, you have unlimited count of variables coming in including time of day, market working hours, news, influences by other markets, more types of traders, big players games, etc messing with your trade.
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