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- Vendetti replied Jul 11, 2017
First.. read the book, Currency Trading for Dummies. Then idiots guide to Forex, then, FXCM has a thimble for your remaining pips.
- Vendetti replied Jul 11, 2017
That's obvious... otherwise you'd come to grips with the right knowledge and it's value. Keep scraping by.
- Vendetti replied Jul 11, 2017
That's cheap! When you have the knowledge it's worth a shit load more. I guess you're trading blind?
- Vendetti replied Jul 11, 2017
District of Columbia.. not quite the ghetto though. I actually jumped on here as a fellow trader asked me to validate his thoughts. He was valid.. the thought's were not.
- Vendetti replied Jul 11, 2017
Not trying to get attention. Just pointing out the facts. If you're dynamic on the market, you can be in the trade and out by parallel confluence for confirmation. I don't use stops, I use reversal orders based upon volume, but my trades aren't ...
- Vendetti replied Jul 11, 2017
You're partially correct. Price action is king, but if you don't have proper volume behind it, I can point to 50 opportunities a day where prices reverse yet have broken to higher ground first.... volumes yank it back lower. or vice versa.
- Vendetti replied Jul 11, 2017
vls... proper volumes.. Not from individual platforms, not from futures.. that's only a small slice and a follower market... tough to get.. but proper vols that drive market movement with certainty of market movement.
- Vendetti replied Jul 11, 2017
oh boy.. volume follow vls
- Vendetti replied Jul 11, 2017
What's the TF you prefer?
- Vendetti replied Jul 11, 2017
Gosh.. it's not that difficult. Why try and catch 20 pips on a move when you can catch 5... 15 times?
- Vendetti replied Jul 11, 2017
You missed it. my apologies.. DONT trade when the ranges are 5- 8 pips.. I'm up 21% on the day. The risk is typically 4 - 5 pips that it gives a reversal.. but as you see the arrows confirm the direction and only one green one on EUR gets hit for a ...
- Vendetti replied Jul 11, 2017
Doesn't matter what pair or day, as long as you can identify the small ranges of 5-8 pips the rest is a trade opportunity proper volume analysis. All on the M1.. EURUSD/GBPUSD
- Vendetti replied Jul 11, 2017
Volume finally eclipsed prior low levels right at the 1.14115.. so it should show some slide here for a few.
- Vendetti replied Jul 11, 2017
Even at the 89, there was no volume pushing it lower.. had steady ground.
- Vendetti replied Apr 16, 2017
The solution is more logical. It's complicated to maintain but quite simple in its analytical approach. If your price action analysis can tell you that ebb/flow are greater than 1 pip you've covered your expense of trading. The only thing left is to ...
- Vendetti replied Apr 15, 2017
[quote=zoomfire;9765455] Yes, but isnt that a volume indicator?? The main idea here is to eliminate all indicators so wont using volume indicator create more inputs? correct me if am wrong. It's not merely an indicator. It's volume analysis without ...
- Vendetti replied Apr 15, 2017
Exactly! That's why I make sure support and resistance are measured on both price AND volume. The bigger opportunities present themselves at those higher/lower levels but along the way chewing up the middle is the juicy stuff!
- Vendetti replied Apr 15, 2017
The only thing that would truly give you a read on any lower TF opportunities are volume pullbacks and breaches higher/lower. But volume in MT4 is garbage. Here is a proprietary volume feed image. Global volume, price action filtering, ...
- Vendetti replied Apr 15, 2017
Hi Zoom- My perspective of Traders , retail specifically is that logic is reversed as they gauge price action higher or lower. Market makers tend to look at the inverse. So getting to your marked zones to decide long/short has missed the ...
- Vendetti replied Apr 14, 2017
Here you go Zoom. In the 3 images, in series.. pre news on ADP Non Farm 2/1/17 range and targets identified on the M1 (which can only be done consistently on the m1) No lag of studies telling me when volume is on the move which allows instant ...