Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Most Volatile & Crazy Month? 6 replies

Anyone try using XAU/USD - XAU/EUR as proxy for EUR/USD? 4 replies

The most volatile pairs? 5 replies

the most volatile instrument 4 replies

Most volatile over the long term? 0 replies

Attachments: Most volatile EU/GU/XAU/BTC trading
Exit Attachments

Most volatile EU/GU/XAU/BTC trading

Quoting aahmad29
{quote} Very nice. I already knew that Gold has nice return but due to limitations in Canada , I wasn’t able to apply your system. Please Is it possible that your share the Gold charts at least weekly if you can not post daily chart? Thanks
Didn't get, if you have limitations and can't trade Gold in Canada, why you need weekly or daily charts for it?

Tell me what you can trade and I will show you charts...
Observer effect
Quoting ryuryu
{quote} Didn't get, if you have limitations and can't trade Gold in Canada, why you need weekly or daily charts for it? Tell me what you can trade and I will show you charts...
I trade only in Gold in forex but using the broker who are using MT4 and MT5. I don’t have access to future data from reliable sources. More or less gold price on forex follow the future gold prices.
Love for all; Hatred for none.
Quoting aahmad29
{quote} I trade only in Gold in forex but using the broker who are using MT4 and MT5. I don’t have access to future data from reliable sources. More or less gold price on forex follow the future gold prices.
Didn't get # 2 haha

We are talking here about VOLUME trading. Forex has NO VOLUME my friend.
But CME has. So we can take the volume data from CME and trade it with any forex broker you want. With mt4, mt5 or any other shit software you want
Observer effect
Quoting ryuryu
{quote} Didn't get # 2 haha We are talking here about VOLUME trading. Forex has NO VOLUME my friend. But CME has. So we can take the volume data from CME and trade it with any forex broker you want. With mt4, mt5 or any other shit software you want
Yes I know Forex has no volume. I am aware that you take the data from CME. I was just requesting and asking for favour that if you show your charts about gold, I think it will help many traders to trade with mt4.

Sorry about second part which was not clarified properly by me. Top exchanges like Binance and Bybit do not offer services in Canada so I need someone who has the access to data and proper tools and has big heart to share it. So I am reading your posts regularly and I believe that you have big heart (Yes sometimes your statements are very harsh but in the meantime you are trying to guide others).
Love for all; Hatred for none.
Quoting aahmad29
{quote} Yes I know Forex has no volume. I am aware that you take the data from CME. I was just requesting and asking for favour that if you show your charts about gold, I think it will help many traders to trade with mt4. Sorry about second part which was not clarified properly by me. Top exchanges like Binance and Bybit do not offer services in Canada so I need someone who has the access to data and proper tools and has big heart to share it. So I am reading your posts regularly and I believe that you have big heart (Yes sometimes your...
Sorry don't understand what you want from me
I can show charts from crypto or from forex. I'm using python for crypto trading, tradingview to check ideas (because the results are visual immediately).
Also I used mt5, but found that I don't have time to spend for that shit. You know there is only one irreplaceable entity in life. It's time. And I don't want to spend it on shit. You can earn money, and even improve your health, but you will not be able to return the time. So no mt4/5 and no forex brokers.
Observer effect
Quoting ryuryu
{quote} Didn't get # 2 haha We are talking here about VOLUME trading. Forex has NO VOLUME my friend. But CME has. So we can take the volume data from CME and trade it with any forex broker you want. With mt4, mt5 or any other shit software you want
Ryan, good day.

I have been following this your thread on Volume trading.
How can a novice go about taking the volume data from CME and trade it with a forex broker and on the broker mt4 platform?

Kindly advise on resource i could read to get head-start

Thank you
Quoting ryuryu
{quote} Sorry don't understand what you want from me I can show charts from crypto or from forex. I'm using python for crypto trading, tradingview to check ideas (because the results are visual immediately). Also I used mt5, but found that I don't have time to spend for that shit. You know there is only one irreplaceable entity in life. It's time. And I don't want to spend it on shit. You can earn money, and even improve your health, but you will not be able to return the time. So no mt4/5 and no forex brokers.
I only want that please can you post Gold chart daily same like you posted above.

Thanks
Love for all; Hatred for none.
Quoting Godwin Igili
{quote} Ryan, good day. I have been following this your thread on Volume trading. How can a novice go about taking the volume data from CME and trade it with a forex broker and on the broker mt4 platform? Kindly advise on resource i could read to get head-start Thank you
There are clusterdelta indi available for mt4/5, then you can get your CME data and trade with any forex broker.

Quoting aahmad29
{quote} I only want that please can you post Gold chart daily same like you posted above. Thanks

This make no sense. We are talking about volume delta trading. Daily charts make no sense. Who cares what happened yesterday? We are trading imbalances. Imbalances are created when big player wipe the orderbook with market orders and triggers stops cause stop cascade work. So higher TFs are useless, they are "average of the average".
Observer effect
How to earn +3.24% on Saturday with only one trade and no leverage?

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 76 KB

Easy. Just follow the green triangle called "3-in-a-row Delta". And it is +1.17%.

As you see volume was increasing. Then cross happened (big green dot). Immediately after that volume collapsed (all stops was removed and the vacuum was created).

p.s. also check red diamonds next to cross signal - they are Stochastic confirmation.

Exactly the same happened on SAND. They are doing THE SAME THINGS day by day. No algo changed since 1970x

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 74 KB

+2% more with no leverage.

So in total it is more than 3.24% today. On Saturday. With easy lazy 15m tf trading.
Observer effect
[quote=ryuryu;14279785]{quote} There are clusterdelta indi available for mt4/5, then you can get your CME data and trade with any forex broker.

Thank you Ryan for your response.

I was planning to subscribe to ClusterDelta when a buddy sent me the below about CD reliability:
'-hmmm Houston we have a problem, don't know whether it's Online Cluster's connection or my internet but today lack of data volume ... will keep you updated but now not convinced it is consistent enough moving forward.
-When I receive the data it all works well, unfortunately for me anyway the flow of data is inconsistent so I am probably not going to continue using after the month"

Did you use CD data with broker mt4 for the images of your post 1479? https://www.forexfactory.com/thread/...4#post14279194
How are you getting the CME gold data to Mt4?

Thank you
Quoting Godwin Igili
don't know whether it's Online Cluster's connection or my internet but today lack of data volume ... will keep you updated but now not convinced it is consistent enough moving forward. -When I receive the data it all works well, unfortunately for me anyway the flow of data is inconsistent so I am probably not going to continue using after the month" Did you use CD data with broker mt4 for the images of your post 1479? https://www.forexfactory.com/thread/...4#post14279194 How are you getting the CME gold data to Mt4? Thank you...
I used CD with mt5. Never used mt4 btw. Now I'm not using mt4/5 and I don't trade forex anymore due to math. It just make no sense because of min lot size, decimals issue, low leverage, low distance, no vol data, fake swaps (both negative haha), speed of depo/wd and so on.

But if you said "today" - today there is no activity on forex, it is Saturday... May be this is a problem...
Observer effect
Quoting ryuryu
{quote} I used CD with mt5. Never used mt4 btw. Now I'm not using mt4/5 and I don't trade forex anymore due to math. It just make no sense because of min lot size, decimals issue, low leverage, low distance, no vol data, fake swaps (both negative haha), speed of depo/wd and so on. But if you said "today" - today there is no activity on forex, it is Saturday... May be this is a problem...
Thank you.
What platform data did you use for your Gold trades images of post 1479? https://www.forexfactory.com/thread/...4#post14279194
Can Gold be traded on forex broker's platform with the data source you are now using?

much appreciated
Quoting Godwin Igili
{quote} Thank you. What platform data did you use for your Gold trades images of post 1479? https://www.forexfactory.com/thread/...4#post14279194 Can Gold be traded on forex broker's platform with the data source you are now using? much appreciated
Hi Godwin,

It's just best to use Trading View (Ryan's chart) as a charting tool (you will need to pay for Futures data which is cheap) and use the signals you see and trade it on the best platform that offers you the best spreads like IC Markets.
If you want to just use one trading platform like Trading View only, you can create a second window and link it up to Pepperstone which also has good spreads and copy the trade.
If you decide to go one step better and trade on a Futures Platform, you can pay $34 a month for CME data and trade it for free on Quantower (via AMP Futures) and you have every orderflow indy you will ever need. Quantower also connects via CTRader to Pepperstone or IC Markets so you can have a second window to trade the signals from.

I traded the combo CME data / Pepperstone as my broker on Quantower for 6 months trading EURUSD only with great results. Eventually I just scrapped my Forex broker and when 100% Futures but it still works well especially if you are into hedging which Future Platforms don't allow.

Cheers
Trading thin liquidity at the boundary of the charts
Which brings me to an important point that you can trade for a living (nice wage) using Ryan's delta indy or any other order flow indicator of your choice with only a modest equity amount. All this bullshit of trialling funded accounts to be able to eventually trade with $400,000 + equity account for example is just misleading, downright fraudulent.
Maybe as a Forex trader it's needed because without volume data, its hit and miss and your brokers going to help you build on those losses with backdoor manipulation to your forex spreads to rip your undies of your arse.

If you trade Crypto Perpetual contracts or Future Contracts and you have earned your "Red Jacket" as a good Volume trader --- only a modest $10K is required to become a fulltime trader. With some practice, 50 to 100% increase in equity per week is easily obtainable - something Ryan & myself have shown here in this thread often with some trades.

One of the reasons is there are Volume trade setups we can take any time we choose to look. Ryan & myself weren't sitting on our arses during the Christmas break moaning about lack of activity in the world markets, we were trading like any other day and making good money in the process.

The aim is to earn a wage first, then see if you develop the skills to become a 7-figure trader in the future, I have talked personally or online to three or four 7- figure traders - all of those traders are highly skilled Volume Traders and none of them ever traded forex (or admitted they have to me).
Those gentlemen all have one thing - Clarity of Vision earned by trading volume over many years.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20230108_015328.png Size: 663 KB
Trading thin liquidity at the boundary of the charts
Quoting RickM
{quote} Hi Godwin, It's just best to use Trading View (Ryan's chart) as a charting tool (you will need to pay for Futures data which is cheap) and use the signals you see and trade it on the best platform that offers you the best spreads like IC Markets. If you want to just use one trading platform like Trading View only, you can create a second window and link it up to Pepperstone which also has good spreads and copy the trade. If you decide to go one step better and trade on a Futures Platform, you can pay $34 a month for CME data and trade it...
Good day and thank you RicM for your detailed response and information.

i. I will want to go (TradingView(TV)/Futures combo)for now with the seemly simple route of Ryan using TV.
And use the signal I see on TV to trade on my IC Market platform, which is not supported by TV

ii. Do you know or have idea of the price for the Futures data for the combo TV/Futures data, or is it same as the $34/per of the combo CME data/Pepperstone?

Thank you again for the information.

My appreciation to Ryan too
I wanted first of all to thank Rick and Ryan for this amazing work they are sharing with us; really thanks. It's 1 month more or less im reading this thread, and trying to apply the information. In part i come from George's thread, with his target theory, but i never really understood how that target and not the other one could be identified as the target we were seraching for; in hindsight was perfect, in real time...With volume instead its another game.

What i saw: trading forex with volume coming from CME is still for me difficult, and at this point i don't even know if it's something i should do. Cause the light for me came when comparing forex-CME to crypto, the difference is big: on crypto we can really trust the volume and the delta, the absorption is much lower, the DOM on bybit, and also the DOM of Quantower through bybit data (i love the setting that it can show the percentual of imbalance), is a powerful tool; on forex-CME yes there are many signals that are same of the crypto ones, but often, too often for me, i see for example delta extremely positive and the price keeps collapsing without stop, and in those cases i can't really see any reliable entry; the order book is much more difficult to read, the tricks of the big players are too many for me now.

Some charts to explain:

First chart: entry on eurusd perfect: big candle red, big volume, big red delta, flip of delta to green

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 58 KB


Second chart: gbpusd loss, but was like previous example: there was big red candle, big volume, big red delta, flip of delta to green

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 55 KB


These two examples without showing the DOM yes, but cases like the second chart are quite the norm on forex; and as i said why i should play the games the big players created to cheat us?


Crypto on the other hand it just flows naturally so many times

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 55 KB



Something else i noticed: crypto data coming from clusterdelta on mt4 and bybit data are often different: compare delta in these 2 examples. I think bybit data is more accurate, but im not sure, ideas?

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 49 KB

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 56 KB



One question i would like to ask to Rick: i see the DOM on bybit-quantower can be really useful, but other times, if i should follow it, it gives so many "strange" movements: the wall can appear on the bid side extremely powerful, not creating any significant movement on price, and after 1-2 seconds it disappears from there and appears on the ask size; this trick can go on for different times. I would really like to understand what to make in this case, on what to focus, who does this thing, and if the purpose is still to create confusion or what
Quoting loppo0101
I wanted first of all to thank Rick and Ryan for this amazing work they are sharing with us; really thanks. It's 1 month more or less im reading this thread, and trying to apply the information. In part i come from George's thread, with his target theory, but i never really understood how that target and not the other one could be identified as the target we were seraching for; in hindsight was perfect, in real time...With volume instead its another game. What i saw: trading forex with volume coming from CME is still for me difficult, and at this...
Hi Loppo

I had quite a few private conversations with George both during and after the life of his thread and I raised that issue with him that his system required Volume signals to confirm his trade entry.
George was very confident he had all the answers and dismissed my attempts over several occasions to have a conversation on this matter.
Sadly he quit trading a year ago and refuses to even discuss any trading matters whatsoever.
I won’t speculate the reason why in this public forum.

On a flight to LA in 30 minutes but will discuss the rest of your post in great detail tonight.

Cheers
Trading thin liquidity at the boundary of the charts
Quoting RickM
{quote} Hi Loppo I had quite a few private conversations with George both during and after the life of his thread and I raised that issue with him that his system required Volume signals to confirm his trade entry. George was very confident he had all the answers and dismissed my attempts over several occasions to have a conversation on this matter. Sadly he quit trading a year ago and refuses to even discuss any trading matters whatsoever. I won’t speculate the reason why in this public forum. On a flight to LA in 30 minutes but will discuss...
Hi Rick yes i know that story, and it's really strange like some of us remain addicted to a rigid way of thinking.I'm reading this thread since only 1 month but have been reading your post since longer.And for long time it was exactly like one time you said. I remember someone asked you if you were afraid to share your trading informations like this on a forum, and you replied like "no, cause i know most of people will never really stop to understand what i'm talking about...". I was part of it, but looks like something remained stuck in me, if i ended here; can't say the same thing for George, but let's leave that. This thread is great!And thanks if you will have some time for me, i deeply appreciate it
Quoting loppo0101
Some charts to explain
You asked RickM for advice, but I can add some too.

1. You are using indicators on forex. But forex has a) sessions and b) weekends. So the data for your indicators is awful. And in fact it make no sense. Imagine how many data you need to get ema200? You need at least 200 candles back on 1m TF (in fact 3x times more). But 200 candles back is 3+ hours of data. So tell me please what if you are trading London +1? You have 66% of fake data from "sleepy" Asian session. Indicators on forex make sense 1m and lower and daily+. All that inside make no sense.

2. You are showing us the PAST. Your charts are good but you have averaged data already. Closed candle shows nothing. When it was forming all the fun already was done.

There are several approaches we are trading. For example there is 3-in-a-row approach. It works good using past data. But real scalps we are doing they are inside the candle. Not after it closed.
Observer effect
Quoting ryuryu
{quote} You asked RickM for advice, but I can add some too. 1. You are using indicators on forex. But forex has a) sessions and b) weekends. So the data for your indicators is awful. And in fact it make no sense. Imagine how many data you need to get ema200? You need at least 200 candles back on 1m TF (in fact 3x times more). But 200 candles back is 3+ hours of data. So tell me please what if you are trading London +1? You have 66% of fake data from "sleepy" Asian session. Indicators on forex make sense 1m and lower and daily+. All that inside make...
Hola Ryu, well actually the only indicators i'm currently using are delta, volume (both on m1 chart), plus DOM and time and sales; and footprint chart too. I have 3 moving averages but i dont even look at them, they dont make much sense to me, also if here they are quite used. I can have a look instead at the bands but its just a glance, i'm not basing my study on that either. I'm completely studying the volume now, nothing else. I think was clear that Rick and you opened my eyes to the volume, and that the indicators phase is over for me. I have been in that road and found nothing at the end. If you saw something strange on my charts sorry, its just something from the past, i didn't even notice; also the other timeframes.

Yes i understand the second point, but thanks for clarifying it. I'm studying DOM and Time and Sales for that, in real time obviosuly, but i'm just at the beginning, and doesn't make much sense to post a DOM; for some of its movements yes, for others, like the one i asked to Rick, no.

I'm not here to make thousand of questions anyways; this thread explains already so many things, i just need time to digest it, step by step, and to "watch that bloody tape", like Rick says
3 traders viewing now