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ECN & Market Maker survival guide 35 replies

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  • Post #21
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  • May 22, 2019 12:20am May 22, 2019 12:20am
  •  OpenRoads
  • | Joined May 2017 | Status: Trader | 96 Posts
Good look Iggi,

Had some days of painful drawn down, got out right near the top with strong profit. Looking for some more bites, we shall see...anything can happen. I'll be watching this for a while longs only.
"Not all those who wander are lost." - Tolken
  • Post #22
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  • May 22, 2019 12:57am May 22, 2019 12:57am
  •  General Lee
  • Joined May 2010 | Status: Member | 649 Posts
Quoting OpenRoads
Disliked
{quote} Do you use anything else? Keep you from DD?
Ignored
i'm using pattern as filter
  • Post #23
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  • May 22, 2019 1:01am May 22, 2019 1:01am
  •  OpenRoads
  • | Joined May 2017 | Status: Trader | 96 Posts
I don't live and die by it but I do pay attention to which cycle the moon is in and what happens in markets. For ex: I've been watching E/A for some time, Saturday the 18th was a full moon. Sunday opened with a big gap down, also coincides that it's been bouncing off the relatively same resistance for a week. Is the market sending us a hint? Highly unlikely but watch your favorite pair as it relates to the moon cycles and tell me if you can't organize that chaos in a meaningful way. Completely useless in the trade but interesting thought. This is why rigid rules and hard SLs just don't help me trade, gotta find the feel. Last cocktail for me apparently.

Cheers!
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"Not all those who wander are lost." - Tolken
  • Post #24
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  • May 22, 2019 1:23am May 22, 2019 1:23am
  •  OpenRoads
  • | Joined May 2017 | Status: Trader | 96 Posts
Quoting General Lee
Disliked
{quote} i'm using pattern as filter
Ignored
Harmonics? Those are cool. I don't get them but they are cool. I am simpleton, too many colors on my chart confuses my brain. General lee, you keep it up! how you doing on EA? I know you entered recently.
"Not all those who wander are lost." - Tolken
  • Post #25
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  • May 22, 2019 1:48am May 22, 2019 1:48am
  •  General Lee
  • Joined May 2010 | Status: Member | 649 Posts
Quoting OpenRoads
Disliked
{quote} Harmonics? Those are cool. I don't get them but they are cool. I am simpleton, too many colors on my chart confuses my brain. General lee, you keep it up! how you doing on EA? I know you entered recently.
Ignored
not harmonic indicator mate. i'm manually, learn from cntrader. ea already cut, but i'm reenter short ea for 2nd round. wait and see.
  • Post #26
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  • May 23, 2019 9:37am May 23, 2019 9:37am
  •  OpenRoads
  • | Joined May 2017 | Status: Trader | 96 Posts
This one is going well, CJ Not so well ATM.
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"Not all those who wander are lost." - Tolken
  • Post #27
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  • Jun 12, 2019 11:43pm Jun 12, 2019 11:43pm
  •  OpenRoads
  • | Joined May 2017 | Status: Trader | 96 Posts
Hello All My Loyal Followers........

Just returned from a 2 week road trip across the United States with my son for High School Graduation. Amazing!!!!!!!!! Lake Tahoe, Moab, Colorado. Great times! The markets seem to be behaving out of sorts and I am certainly out of sync. So I'll be taking a moment to get into the feel. Have had CJ trade open for weeks, it showed some signs of profit but hence has returned to it's lower trading range. I looked at trading Aussie tonight but despite strong employment numbers the Aussie continues on it's trend for dismal results. Trade 'till May then go away is in effect. Sidelines for OpenRoads!
"Not all those who wander are lost." - Tolken
  • Post #28
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  • Jul 17, 2019 10:41pm Jul 17, 2019 10:41pm
  •  OpenRoads
  • | Joined May 2017 | Status: Trader | 96 Posts
https://cdn-assets.faireconomy.media...7_54_38.v2.pnghttps://encrypted-tbn0.gstatic.com/i...80Ulle71K_be4g

Not Exactly Twins!?!
"Not all those who wander are lost." - Tolken
  • Post #29
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  • Aug 2, 2019 8:03am Aug 2, 2019 8:03am
  •  OpenRoads
  • | Joined May 2017 | Status: Trader | 96 Posts
WOW! These markets be extenuating. Hope everyone is safe. I myself am managing, called in late to my day job today. NFP should be interesting. Welcome back from summer vacation! School is about to be in session.
"Not all those who wander are lost." - Tolken
  • Post #30
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  • Aug 13, 2019 8:36pm Aug 13, 2019 8:36pm
  •  OpenRoads
  • | Joined May 2017 | Status: Trader | 96 Posts
I'd say these markets are less than stable as of late. Levels and ranges are pressing beyond expectations and pivots are being ignored, Murrey is my guide right now. I have had to do some creative trading to keep my balance up, not something I can share in a chart, but you can see the chop in my equity curve.

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"Not all those who wander are lost." - Tolken
  • Post #31
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  • Oct 17, 2019 8:12pm Oct 17, 2019 8:12pm
  •  OpenRoads
  • | Joined May 2017 | Status: Trader | 96 Posts
I have much respect for the people here who can get a forum up and going and continue it. I know it takes dedication and commitment. It also takes an immense amount of emotional fortitude (balls) to post trade ideas, market commentary, predictions and results. In these markets where everything will happen it's a feat to undertake. Thankfully, I know nobody is listening so this is just a way for me to organize my thoughts. It was an intense summer in both trading and my personal life, Cross country road trip, bought a boat, took my son to college, got married. The YEN got bought in bulk Brexit trade got over done and China/Trump tweets sent shock waves. Things seem to be calming, my equity curve has lost it's choppiness and my personal life is back to the regular grind. So cheers to the bloggers and the traders who strive for greatness. I'll be more active until the end of November. Liquidity is the friend of this system.
"Not all those who wander are lost." - Tolken
  • Post #32
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  • Oct 23, 2019 6:46pm Oct 23, 2019 6:46pm
  •  OpenRoads
  • | Joined May 2017 | Status: Trader | 96 Posts
What rhymes with "I am bullish Euro"?

"I am a bullshit hero"

also can somebody please tel us the the difference between sync and sink?
"Not all those who wander are lost." - Tolken
  • Post #33
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  • Oct 25, 2019 9:39am Oct 25, 2019 9:39am
  •  OpenRoads
  • | Joined May 2017 | Status: Trader | 96 Posts
CAD is on my Radar for next week. Mid week has high impact news and USD has tons of news as well.
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Already long some UC waiting for confirmation to add more. AC also in view.
"Not all those who wander are lost." - Tolken
  • Post #34
  • Quote
  • Oct 29, 2019 5:52pm Oct 29, 2019 5:52pm
  •  OpenRoads
  • | Joined May 2017 | Status: Trader | 96 Posts
Man! Called the trade but missed execution by a few pips. Racked up on UC and AC tho.
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"Not all those who wander are lost." - Tolken
  • Post #35
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  • Oct 29, 2019 5:57pm Oct 29, 2019 5:57pm
  •  OpenRoads
  • | Joined May 2017 | Status: Trader | 96 Posts
Word of caution and exuberance. Month end can be a wild ride, close quick and hold a little longer. I know sounds like an oxymoron, but the unexpected can happen over the next couple days.
"Not all those who wander are lost." - Tolken
  • Post #36
  • Quote
  • Oct 29, 2019 6:00pm Oct 29, 2019 6:00pm
  •  OpenRoads
  • | Joined May 2017 | Status: Trader | 96 Posts
Interesting set up. Price action feels like higher but pivots and Murrey say otherwise.
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"Not all those who wander are lost." - Tolken
  • Post #37
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  • Oct 29, 2019 6:02pm Oct 29, 2019 6:02pm
  •  OpenRoads
  • | Joined May 2017 | Status: Trader | 96 Posts
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"Not all those who wander are lost." - Tolken
  • Post #38
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  • Oct 29, 2019 6:20pm Oct 29, 2019 6:20pm
  •  OpenRoads
  • | Joined May 2017 | Status: Trader | 96 Posts
Quoting OpenRoads
Disliked
Man! Called the trade but missed execution by a few pips. Racked up on UC and AC tho.{image}
Ignored
I was taking my daughter to school or would have manually executed!!!! A Good day but not as good as it could have been.
"Not all those who wander are lost." - Tolken
  • Post #39
  • Quote
  • Oct 29, 2019 10:22pm Oct 29, 2019 10:22pm
  •  OpenRoads
  • | Joined May 2017 | Status: Trader | 96 Posts
BTW- IMHO- CAD is going lower.
"Not all those who wander are lost." - Tolken
  • Post #40
  • Quote
  • Oct 29, 2019 10:24pm Oct 29, 2019 10:24pm
  •  OpenRoads
  • | Joined May 2017 | Status: Trader | 96 Posts
Why will we spend weeks in DD but can't spend a few days in profit?
"Not all those who wander are lost." - Tolken
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