Understand the Game | Page 18 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

I want to understand the term "SLOPE" 5 replies

Trying to understand linkages 0 replies

Making money in spite of fundemental logic (as we may understand it) 5 replies

Newbie Guide to understand Divergence. 3 replies

I can't understand this enormous spike... 15 replies

Attachments: Understand the Game
Exit Attachments

Understand the Game

  • #341
  • Edited 1:54am Jul 19, 2019 1:38am | Edited 1:54am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 46 KB
Be a spectator, not a player
  • #342
  • Edited 8:58pm Jul 22, 2019 8:35pm | Edited 8:58pm
see many people talk "trade against the herd", and they imagine FF's Trade data represent the herd
Attached Image


But when you check TourajTrader and his trading lot, you will find this guy contribute 30% of the trading lots
Attached Image


This he is 30% of the said "Herd", robot or not atleast he is profit...

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 119 KB


Present EU, see the short increased, apparently this not the herd, this is a scalping trade maybe smart guy take the second attack down..
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot4.png Size: 54 KB
Be a spectator, not a player
  • #343
  • Edited 9:15pm Jul 22, 2019 9:04pm | Edited 9:15pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 48 KB

Quoting wiserltz
see many people talk "trade against the herd", and they imagine FF's Trade data represent the herd {image} But when you check TourajTrader and his trading lot, you will find this guy contribute 30% of the trading lots {image} This he is 30% of the said "Herd", robot or not atleast he is profit... {image} Present EU, see the short increased, apparently this not the herd, this is a scalping trade maybe smart guy take the second attack down.. {image}
Now the smart guy took profit and fleed, the profit is 2~3 pips, and 120 lots

IMO, this is not a good scalping, round number made things complicated


Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 48 KB

And some of the early seller will be unhappy
Be a spectator, not a player
  • #344
  • Jul 23, 2019 7:07am Jul 23, 2019 7:07am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 34 KB
Be a spectator, not a player
  • #345
  • Jul 23, 2019 7:42am Jul 23, 2019 7:42am
Sounds like one of the hypothesis I formed ages ago, neglected it because it was hard for me to set rules based on the "hypothesis", the end results always turn out too random. If you could really fixed down some ground rules then it'll be great. Trade safe.
  • #346
  • Edited 11:47am Jul 23, 2019 11:23am | Edited 11:47am
Quoting TradeMinim
Sounds like one of the hypothesis I formed ages ago, neglected it because it was hard for me to set rules based on the "hypothesis", the end results always turn out too random. If you could really fixed down some ground rules then it'll be great. Trade safe.
It is tough, and which way trading is easy
Be a spectator, not a player
  • #347
  • Jul 23, 2019 11:29am Jul 23, 2019 11:29am
I think this is big guys hunting eachother, retailers are only side dish
Guessing the battle will end with price going to the middle area
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 60 KB
Be a spectator, not a player
  • #348
  • Jul 23, 2019 11:38am Jul 23, 2019 11:38am
Let's see wheather the long percentage can be 99.9999999999999999999999999999999% curent value 93%
If including current buy limts between form 1.115 to 1.110, the percentage sure will be more than 95%
Thinking a buy grid is not a bad idea
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 30 KB
Be a spectator, not a player
  • #349
  • Jul 23, 2019 3:49pm Jul 23, 2019 3:49pm
Quoting wiserltz
The tool I posted early, hide your open trade on chart to remain neutral, just press 't' {file}
no matter wht tool you use to hide your tp,sl and trades,nothing is hidden,Broker can see everything on your chart,sotp fooling yourself.
  • #350
  • Edited 7:09pm Jul 23, 2019 6:19pm | Edited 7:09pm
Quoting T4Trade
{quote} no matter wht tool you use to hide your tp,sl and trades,nothing is hidden,Broker can see everything on your chart,sotp fooling yourself.
You misunderstood that, first the indicator will make my chart cleaner, second it hide the trades from myself, thinking each trade is independent, and trying to set and forget...
Be a spectator, not a player
  • #351
  • Jul 23, 2019 7:18pm Jul 23, 2019 7:18pm
Quoting wiserltz
{quote} You misunderstood that, first the indicator will make my chart cleaner, second it hide the trades from myself, thinking each trade is independent, and trying to set and forget...
I APOLOGIZE, will it hide it from you? how will u manage the trade if u dont see it on chart?
  • #352
  • Jul 23, 2019 7:34pm Jul 23, 2019 7:34pm
Quoting T4Trade
{quote} I APOLOGIZE, will it hide it from you? how will u manage the trade if u dont see it on chart?
Trying to set TP & SL and forget that, Sometimes, you know that

I found the worest habbit is average up or down, since the trade is HIDDEN, I can't see the reason to, hope so
Be a spectator, not a player
  • #353
  • Jul 23, 2019 7:48pm Jul 23, 2019 7:48pm
I was really wondering about the title of this thread. Imoh, you can't 'understand the Forex trading game' by using lower time frames. Would you consider incorporating a higher time frame, say, the daily?

Trade safe and prosper.

KP
Do your homework, follow the footprints of smart money
  • #354
  • Jul 23, 2019 8:11pm Jul 23, 2019 8:11pm
Quoting KeenPips
I was really wondering about the title of this thread. Imoh, you can't 'understand the Forex trading game' by using lower time frames. Would you consider incorporating a higher time frame, say, the daily? Trade safe and prosper. KP
That is a good advice and I need more protice.
I found many traders doing very well on higher time frame, I have little patience and I see price movement clearly on lower time frame.

As I understand, higher time frame are mainly drived by foundmental, and traders current positions(SD), the BOSS; lower time frame is the worker, and worker skills are limited, my intention is understand the workers tricks.
Be a spectator, not a player
  • #355
  • Jul 23, 2019 8:20pm Jul 23, 2019 8:20pm
Noted but you are using some constructs, ''boss' and 'worker', that have limited value in your system or even in pa/structure-based trading. Using your 5 SMA slope on the D1, for example, for direction could give you idea on what you would do on your trading or entry time frame.

KP

Quoting wiserltz
{quote} That is a good advice and I need more protice. I found many traders doing very well on higher time frame, I have little patience and I see price movement clearly on lower time frame. As I understand, higher time frame are mainly drived by foundmental, and traders current positions(SD), the BOSS; lower time frame is the worker, and worker skills are limited, my intention is understand the workers tricks.
Do your homework, follow the footprints of smart money
  • #356
  • Jul 23, 2019 9:07pm Jul 23, 2019 9:07pm
Quoting KeenPips
Noted but you are using some constructs, ''boss' and 'worker', that have limited value in your system or even in pa/structure-based trading. Using your 5 SMA slope on the D1, for example, for direction could give you idea on what you would do on your trading or entry time frame. KP {quote}
Base on fractal concenpt, I think there are no big difference between HTF & LTF, people are very difficult to find without Time/Date axis. Trade cost & stress is bigger in LTF.
Saddly, the majority/retailers/herds will be the loser across all time frame,by the same reasons, I called them traps.
Be a spectator, not a player
  • #357
  • Jul 23, 2019 9:30pm Jul 23, 2019 9:30pm
Very good mate. I trade traps too.

Trade safe.

KP

Quoting wiserltz
{quote} Base on fractal concenpt, I think there are no big difference between HTF & LTF, people are very difficult to find without Time/Date axis. Trade cost & stress is bigger in LTF. Saddly, the majority/retailers/herds will be the loser across all time frame,by the same reasons, I called them traps.
Do your homework, follow the footprints of smart money
  • #358
  • Jul 23, 2019 9:52pm Jul 23, 2019 9:52pm
Quoting KeenPips
Very good mate. I trade traps too. Trade safe. KP {quote}
No traps no trend, at the very beginning traps are conspiracy, then become stratagem in the open. Two things prevent trader to be profit: once trapped they tend to add to loss trade hoping for the reversal to BE; second, because of the r/r raio, they don't want to follow the trend.
Be a spectator, not a player
  • #359
  • Edited 10:25pm Jul 23, 2019 10:12pm | Edited 10:25pm
Yellow circle, i think retailers with some experience will not bought here, bought because trapped before
Actually I think those longs fueled the bear.........(资敌)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 42 KB
Be a spectator, not a player
  • #360
  • Jul 24, 2019 5:47am Jul 24, 2019 5:47am
Attached Image



Early
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 84 KB
Be a spectator, not a player
0 traders viewing now