Toxic Flow for FX Brokers.
One trade per daily bar, or per X bars on current timeframe 0 replies
1 trade per pair per year 6 replies
multiple systems per pair/multiple pairs per system? 3 replies
Trading 24 hours per day, 5 days per week 14 replies
Disliked{quote} Up moves are fuelled by sellers whose stops are being triggered and are forced to become buyers, institutions are not the ones buying at higher and higher pricesIgnored
Disliked{quote}If the GBPJPY for instance is at 90% buy on myfxbook..You only look for sells. Not rocket science is it?Ignored
Disliked{quote} Precisely. Some people will rather try to find reasons why it can not work instead of either think about the rationale behind or letting it be and looking for different/better methods ( better for them) .
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DislikedThe only thing that doesn't lag price is value. If you know how to accurately value an instrument you will know when you are trading at a discount or a premium and therefore will know if you can buy something and sell it for more than its worth at a later date or visa versa for a sell. How anyone can trade something that they cannot value is beyond me. Its just gambling if you dont know. {image}Ignored
Disliked{quote} What is that VWAP or Hull Moving Average? God I got absolutely bummed on gbpnzd. Didn’t take profit then the market went up 2%. Shit happens. I should have known it was a bad time to be trading for NZD strength. Took revenge and opened usdcad and usdjpy which went into immediate profits. Didnt have time to finalise my account opening with IC Markets. Oanda let the trade go beyond my guaranteed stop. Do not - DO NOT use Oanda folks. Can’t all be candyfloss and ponies!Ignored
Disliked{quote} What is that VWAP or Hull Moving Average? God I got absolutely bummed on gbpnzd. Didn’t take profit then the market went up 2%. Shit happens. I should have known it was a bad time to be trading for NZD strength. Took revenge and opened usdcad and usdjpy which went into immediate profits. Didnt have time to finalise my account opening with IC Markets. Oanda let the trade go beyond my guaranteed stop. Do not - DO NOT use Oanda folks. Can’t all be candyfloss and ponies!Ignored
Disliked{quote} Seriously makes me laugh.. The RSI I use doesnt work. Lets spend all the time coding one to prove it. WHY? This is from the EA trades today with using myfxbook and my version of the RSI as a strengh indicator before icmarkets blocked the EA from running as the JPY was going very strong as I mentioned it was changing the stop orders to often resulting in them banning it lol People give up to easy. Find flaws instead of carrying on and if they don't like it.. Think it doesnt work go try something else. Richard Branson. A self made billionaire..........Ignored
Disliked{quote} Hi, neil is the rsi you use is the one in post 778?. Thank youIgnored
Disliked{quote} Yes but it only works well on a linebreak chart. So a linebreak 1 chart taken from the daily candle chart. You can test it using tradingview. Linebreak 1 chart and add the rsi2 HLC/3. In MT4 use the one fxbarwise coded.. https://www.forexfactory.com/showthread.php?p=12414599#post12414599Ignored
Disliked{quote} No VWAP and MAs are indicators based on either price or volume and therefore lag. Value are the alternative markets or combinations of that are used by the institutions to build their intrinsic value models. These are also what they use in what is called statistical arbitrage trading. {image} You would look to buy when price and value diverge and then get off the trade when value runs out. The pension funds (green line) are not buyers of the EUR at the moment and so any move up is going to be limitedIgnored
Disliked{quote} Seriously makes me laugh.. The RSI I use doesnt work. Lets spend all the time coding one to prove it. WHY? This is from the EA trades today with using myfxbook and my version of the RSI as a strengh indicator before icmarkets blocked the EA from running as the JPY was going very strong as I mentioned it was changing the stop orders to often resulting in them banning it lol People give up to easy. Find flaws instead of carrying on and if they don't like it.. Think it doesnt work go try something else. Richard Branson. A self made billionaire..........Ignored
Disliked{quote} This nice but this data is not available to common retailers, is it?Ignored
Disliked{quote} It is the way we have been wired, to look for loop holes without trials, that is why I like Hanover's findings only the discerning mind can build on it. I am not against meaningful disagreements on method or strategy, but attitude and intention matters. Peeps forget that you only need conservatively a strategy that works 55% of the time with good risk management to be successful in fx. I like the query and inquiry into the strategy but the insinuations is annoying. Except you are an insider, every information that determines bias is lagged...Ignored