Disliked
It's true what you're saying but it's also true that you can get a very complicated picture of the market if you rely too much on indicators.Ignored
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DislikedYou got an absolute brilliant entry on that trade, bravo. 20 pip better entry than me and mine was waiting for the confirmation of price action before entry.
Here, it goes back to the key, PRICE ACTION, the ma's add targets from there ie: TP, SL movements, absolute managing your trade.Ignored
DislikedThat's smart!!!
Good one!!
It's true what you're saying but it's also true that you can get a very complicated picture of the market if you rely too much on indicators.
I use some indicators but I prefer a simple strategy with a PA view.Ignored
DislikedWho are "The Boys" that you refer to that can influence a Trillion $ market to the point that they can move price 50 pips beyond a 78.6 Fib, just to take out us idiots??
Is this Area 51 stuff or for real ??Ignored
Dislikedall think that markets are manipulated , from the micro-lot trader to the chief trader of the largest bank, they feel like markets are manipulated in some way or the other and even worse ,someone is running after their stops!
there are super powers who are using the markets for pure commercial interest. but do u think they all come to trade at the same time and watching same levels to manipulate the market?
Public traders just like to trade every wiggle and waggle move of the markets and when they got hurt by the noise, they say ohhh markets...Ignored
QuoteDislikedit is nothing about feeling or thinking, it can be spotted o nthe charts if you are able to read charts & volume and do not rely on default retail indicator trading.
Dislikedno disappointment , it's ok I'm opened to whatever ideas that can be presented
I don't think charts move the markets , the opposite is true. we just have to look for the underlying forces that move the markets.
BTW, to my knowledge ,I think there is no volume in the forex markets. it's just tick indicators. I hope I'm right on this!Ignored
Dislikedhow can charts move the market??
charts just plot the movement of the market...
you are able to spot the supply and demand situation using charts and it is the only thing one should trust on when trading.
there is volume in forex, tick volume, measuring the price changes in a given period. esignal offers tick vol of over 300 contributors and it works pretty well. i trade discretionary only using price bars and volume histogram and i am too happy to have gotten rid of indicators a long time ago.
the underlying force of EVERY market move is (no)...Ignored
DislikedTo me, supply and demand is a fallacy!
about charts, yes you can use them to predict market movements .
but to me, they give incomplete picture. we miss alot of details when just trade from charts!
after all, everyone should stick to what's making him money in the markets.
BTW, I see u r a wyckoff trader
RegardsIgnored
Dislikedthat's the point , professional buying.
but the question how can you quantify them??
by using charts and so called volume?? I don't think so.
if you want real volume , trade CME currency futures and not the FX market.
have you tried to test the conventional wisdom about volume and price patterns??
or you just read and follow the public in their wisdom?!
no offense here.
my hard knocks school taught me to approach everything with a healthy dose of empirical skepticism.Ignored
Dislikedoops, u got disappointed , you couldn't stand a simple discussion
all my words are based on experience and a track record that makes me trust what I'm saying.
anyway , you keep buying and selling your candies , stick to it.
Picking tops and bottoms is great to naive traders .
all I can say to you , don't confuse luck with brains. you may have been lucky for a while but take care , in FX u r just one trade away from humility.
Adios as it seems u will never appreciate anything of value!Ignored
DislikedYou can forecast the next move volume by looking the chart and the market fractal geometry, identify where you (the price in that moment) are, and if you understand, you can know when and where (and why) big moves comes, volume is just another indicator that lag like any other indi (yes, by lag i mean that it show you volumes after the fact).Ignored