Tug of war in market flows

- Current day price overview
- Trade 1 (profitable, now closed and changed to Trade 2)
- Trade 2 (now)

Profitable intraday trading today
Update

I did live trades today on demo account as well as here in the thread, so you can crosscheck if you doubt the legitimacy.
(Check under trades history with time stamps and all)
https://www.myfxbook.com/members/Lekkim/tug-war/3528480

Nice, 500% in one day. I could live with that ;-)

So you check your trades every 1-2 hours it seems, or you sit in front of screen all the time?

Will be following you on myfxbook for sure.. keep up the good work.

Haha yeah but don't mind that too much, I use crazy high leverage aswell. Probably gonna blow it, but let's see how high it can go. Profit factor, time and track record/privileges verification still remains most useable in regard to myfxbook.

This was more to show that I back up my words and do not delete/edit posts and if viewers could use their statistics on myfxbook's report and analysis for the further understanding on how the trading day went and the flows.

Thanks man!
I will try to keep up the pace

Yeah today it was something like that, since I was not at desk the whole day.
If i'm at screens and trading I would probably update a couple of times an hour or more.

Data updates each minute and after that it takes me a couple of minutes to analyse it. So roughly from data to trade readyness is 5 minutes irl atm - to make this even faster it could be automated. But for now 5 minutes refresh time is fine, even in intraday.

Good job Lekkim. Will follow along.

I've finished my 'complete overview' spreadsheet.

I attached a picture showing some components (random data put in for this example, this is not the real correct data obviously):

Half left shows to overview over all timeframes from intraday up to 8 years (13 in total) with total and alternative totals including different graphs.
Half right shows four timeframes as an example. Here it shows each timeframe separated, then it calculates the flows - this is where the half left overview gets its data.

Did you close your myfxbook account?

Did you experience big DD?

My finished system is in place.

I'm planning on discontinuing/not as frequently updating this thread with new info and tests. A lot of information been shared and a lot of technicalities about the method is out here on a public forum and it's only a matter of time (maybe) since one could connect all the dots. I've got a lot of interest (thanks) but not the expected hype here on FF. It's also understandable since I had to withhold some elements to avoid copying.

Now I myself and a partner I know through my private network have allocated some funds and will share a startup account. It's also easier to explain the whole thing in person rather in text-only online. I will just have to adjust mm and my patience for lower start-up capital, but I'm still excited about getting started real-live trading next month.

I've got news coming up about everything related to this thread.
Stay tuned - I will update in this thread or a new one, we'll see.

Until then, GLHF!

what;s this indicator Lekkim?

A FX/currency strength meter / matrix / indi
I'm currently in contact with the developer of this to hear if he wants credit for it before I share it
It's a paid app indicator in third party software

I've been in contact with the developer of the above currency strength meter and got some unfortunate news.

It a good guy named Steven who been coding a variety of indicators to their software, I've been in email contact with him, so I could send you to his services. It's an indicator currently sold through software (you will need an account there)
,
BUT, since the company had a downturn in clients and app purchases it's going off the software so that it soon not will be available anymore. I'm myself have switched to another strength meter.
Let me quote: 'Coincidentally, fx cm are in the process of changing how "FX CM Apps" operates too, and they will no longer provide apps from 3rd party (FX CM apps only) - I received notification of this recently. Not sure when it will happen, few months time maybe, and then my apps will no longer be available there."
Therefore we will need to use another. There are many different out there or you could simply make one with the USD crosses (as long as you count out the usd part)

Luckily there are many variations of same indicator type out there, also to MQL

After years of testing the volume/price theory, I'm closer to a final theory and how to trade it in practical.
During all these different tests and opinions, it's been a crazy ride.

So let me update you with my best approach to trade any financial market.

Many times in the progress I started doubting in the 'original method from one of the first pages in this thread, but it's not untypical when you are determined to test it in every way you can think of (I know you fellow traders can relate)

I will try to explain it as simple as I can:

VOLUME BASELINE IS KING - ENTER WHEN PRICE DEVIATES THE MOST

Enter the opposite side AFTER clients been bleeding (it's actually a simplifier of the system) Instead of taking part in the battle, we wait, observe and enters when the difference between market price move and client positions differs (gap) the most! I've been testing the situation where volume was pulling the show, this just not nearly as good, SINCE AT THAT TIME CLIENTS STILL TRYING (and sometimes manage) to 'control the way of the market. But since we traders trade the PRICE and not the VOLUME, this is the best way according to my studies.

And why is that then? Because when you accumulate a big enough amount of retail data and behavior you get the sense of 'THE BASELINE' where most of us private clients believe the price should lay. Then other parties in the markets have unlimited liquidity and they make a living using this advantage - on the other hand, retails (who are unaware and are the first ones to panic) LOSES AGAIN AND AGAIN (wait for illustration you'll understand)

Because you can't see on retail data when divergence begins, think it as a metaphor where two lines should be in sync and then it's a 'CAT AND MOUSE GAME' where 'the amateurs' always on average draws the shortest straw. However, flows are basically still always against retails, it's just not made obvious. is still away from them BUT YOU CANNOT TRADE THAT (tried many months) after a while the lightbulb upstairs started putting together the pieces. So it's actually ONLY one of the 'TWO EXTREMES' that works well. The situation where prices gap a lot to volume. Many tests and overlays really put your mind on a test.

I will draw a painting that describes how to market works according to me (I'll post it later)

I made this calculator in excel

Here I plot in volume data and price over a given period of time.
Then it calculates all pairs into the 8th individual currencies.

Then within minutes, the flow of the market shows with a visual graph of differences and a calculated % of how much each currency differs from the retail client data pool. It also calculates how much in %percentage the gap is. With this, you are able quickly to get an overview of all fx crosses. This can be used by itself or with the visual MetaTrader indicator, however, be aware that they work a little different. Excel calculations show a snapshot of market conditions and with my overlay indicator, it visually shows the flows including previous data. (pics unrelated and an example)

Can anyone recommend a downable screen recorder? I'm thinking it would be easier to see how it works live...
These dead images don't represent how fast the markets move ofc, but it (with my explanation) hopefully gets you the idea of how I'm trying turning this theory into reality

Try mention a random cross and time period, then I'll show how it went down

GBP/JPY most traded pair today, 'they' been selling since election results