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The Equilibrium, a key to success!

  • #1,581
  • Dec 12, 2020 8:10am Dec 12, 2020 8:10am
Quoting Bionics
https://youtu.be/wwj2_zURxsc The best currency pair King regards Michael
Hi Michael

Just viewed this video - sterling work as usual - my compliments.

Your work actually confirms a lot of what I was thinking/applying(though in a much more "bare bones"/simplistic way).

Trade well / Mos
PS. See you have "Vr Stealth Pro" on your "intro" screen - I actually gave some inputs to Vladimir a few years ago when he brought that TM out - very nice.
Don't limit yourself!!
  • #1,582
  • Dec 14, 2020 6:11am Dec 14, 2020 6:11am
Quoting Bionics
Ticks in the forex market {quote} Hello simnz, A tick chart in the forex market only shows the trades that are processed there, but unfortunately not the volume. A trade can contain 1 lot or 100 lots. The tickchart has the advantage that in a great number of trading transactions, for example when economic figures are published, more candles appear than in night-time trading. An upward movement depends exclusively on the market buy orders that run into the limit sell orders. Let's assume a price goes up and suddenly it is held up by the limit sell...
Thank you for your education. I want to place pending orders (limit or buy stop) to trigger buy after say 2 pips have been gained in price or 60 seconds have lapsed.
I want to place pending orders to trigger buy after price has fallen by 2 pips.
Similarly, do selling likewise.
Will this reduce trading opportunities?
Practice makes a person perfect
  • #1,583
  • Dec 17, 2020 10:25am Dec 17, 2020 10:25am
Effective trading opportunities

Quoting simnz
{quote} Will this reduce trading opportunities?
Hello Simnz,

to check such a strategy, I would recommend using a strategy tester. He can immediately determine whether your approach is efficient. Although I trade in the forex market, I make my trading decisions not from forex data but exclusively from stock exchange data. However, the stock exchange data is filtered beforehand in order to derive the algorithms' orders. These data cannot be compared with forex data. Likewise, there is no specific time limit for me. The limit is calculated from the pip per minute. As soon as the profit falls below the average ATR value, I am out of the market. For example, if I get 6 pip profit after 40 seconds, I'm out immediately, because the pip value per minute is 6 times higher than the average ATR in the M1. Although I only gained 6 pip, the value, pips per minute, is 9. That means my risk is 6 times lower than the average value. Every second I stay in the market would increase my risk disproportionately. The 6 pips are safe and can no longer be taken from me. In addition, a risk / reward ratio of 1: 3 is a good value as my stop is 1.5 pip and the spread is 0.5 pip. Then I just look for the next opportunity for a new trade. Since I am already satisfied with a pip value of 2 (risk-reward ratio 1), I need a range of 2 pip in total. This results in over 800 chances in the M1 candles per day. Since I am mostly only on the move during the main trading hours, the chances are reduced to 600 M1 candles. So I have enough chances to get a good result even in a small equilibrium. Entering via limit orders would significantly reduce my chances and not bring a better entry price. I prefer to trade the small breakouts up from the start and get out immediately before the big player start a pullback. The danger lies in the number of retail traders who got on within the spike. The more people got in there, the bigger the chain reaction down, when they are stopped. The best high-frequency traders have a win rate of 99% compared to the big players of 90%. Interestingly, the high-frequency traders have a significantly lower risk. This win rate is also my long-term goal, that's what I'm working towards. But that will take a few more years.

Kind regards Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #1,584
  • Dec 17, 2020 10:30am Dec 17, 2020 10:30am
Videos in Youtube

Quoting mosiskv
{quote} Hi Michael Just viewed this video - sterling work as usual - my compliments. Your work actually confirms a lot of what I was thinking/applying(though in a much more "bare bones"/simplistic way). Trade well / Mos PS. See you have "Vr Stealth Pro" on your "intro" screen - I actually gave some inputs to Vladimir a few years ago when he brought that TM out - very nice.

Hello mos,

Thank you very much, the Vr Stealth Pro has the advantage that you can build in stop zones that the broker cannot see, as they are only set in my chart. The brokers offer mini terminals, but then get all the information. The Vr Stealth Pro accelerates trading and is very simple to set up. A great idea would be an indicator in the Vr Stealth Pro that shows you the pip per minute data next to the profits. That would be a little sensation for every trader.

I am very happy that the videos are so well received. By the way, a new video has been online since the day before yesterday. Topic: The brutal strategies of the big players.

Inserted Video


If you like the videos, I am happy to receive a subscription.

Kind regards Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #1,585
  • Dec 17, 2020 12:15pm Dec 17, 2020 12:15pm
Quoting Bionics
Effective trading opportunities {quote} Hello Simnz, to check such a strategy, I would recommend using a strategy tester. He can immediately determine whether your approach is efficient. Although I trade in the forex market, I make my trading decisions not from forex data but exclusively from stock exchange data. However, the stock exchange data is filtered beforehand in order to derive the algorithms' orders. These data cannot be compared with forex data. Likewise, there is no specific time limit for me. The limit is calculated from the pip per...
Thank you for your comments.

Your strategy, as I see, should work because you are throwing a loaf of bread by way of big volume to brokers to make money as against what a swing trader can offer. You might be sharing 33% of your returns with brokers by way of spreads and commission costs, but good thing is your profit factor is 2.
Sometimes I feel even without having eyeballs market makers EAs are able to detect traps laid by traders. What is your experience?

I appreciate your tip of not relying on pending orders.

Have you noticed any pattern of active hours and dull hours or it all depends on big players pushing the triggers any time?

Appreciate sharing your experience.
Practice makes a person perfect
  • #1,586
  • Dec 17, 2020 12:20pm Dec 17, 2020 12:20pm
Quoting Bionics
Videos in Youtube {quote} Hello mos, Thank you very much, the Vr Stealth Pro has the advantage that you can build in stop zones that the broker cannot see, as they are only set in my chart. The brokers offer mini terminals, but then get all the information. The Vr Stealth Pro accelerates trading and is very simple to set up. A great idea would be an indicator in the Vr Stealth Pro that shows you the pip per minute data next to the profits. That would be a little sensation for every trader. I am very happy that the videos are so well received. By...
Brokers use all kind of plug ins and always remain profitable. Take a look at the financial records of a broking public company to know the truth. How can a Vr Stealth Pro evade their eagle eyes?
Practice makes a person perfect
  • #1,587
  • Dec 18, 2020 11:02am Dec 18, 2020 11:02am
Big player strategies


Hello Simnz,

You might share 33% of your returns with brokers via spreads and commission costs, but the good thing is that your profit factor is 2.

My approach to retail is not that dramatic

Attached Image (click to enlarge)
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On those 18 trades, I paid 10.8 pips to the broker and earned 30.9 pips. With 1 lot the values have to be multiplied by 10, with 5 lots the values have to be multiplied by 50 to determine the dollar amounts of my winnings and the broker's fees. In this case, the broker received 25% of my earnings even though my risk / reward ratio was only 1: 1. If I get a risk / reward ratio of 1: 2, the broker will only receive 12.5% of my earnings. I have no stress with the fact that the broker earns, he could get half of my income as long as I am in profit. Scalpers ensure higher income for broker, but if there are too many scalpers in the market, the broker will have problems protecting himself with appropriate hedges.

The Vr Stealth Pro is an EA that puts a fictional stop on my chart. This is just a market order, which is immediately sent to the broker in the worst case. The Take Profit is a limit order that must be submitted beforehand. The broker can actually see this.

Before I place a trade, I first have to know exactly what is going on in the market. A secret are my filtered limit orders, which show me exactly how many market orders were absorbed at the individual price levels. From this I recognize the accumulation and distribution phases as well as the exit of the big players. So I immediately recognize the medium-term movement sequences that will arise in the future. With the help of the algorithms and my tones, I then identify the short-term movements and am in the trade for a few seconds. In my last video, I described my approach and how the big players work. Everyone should take a look at it.

Inserted Video


Big player strategies


I wish you a nice weekend

Kind regards Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #1,588
  • Dec 20, 2020 2:54am Dec 20, 2020 2:54am
Quoting Bionics
Big player strategies Hello Simnz, You might share 33% of your returns with brokers via spreads and commission costs, but the good thing is that your profit factor is 2. My approach to retail is not that dramatic {image} On those 18 trades, I paid 10.8 pips to the broker and earned 30.9 pips. With 1 lot the values have to be multiplied by 10, with 5 lots the values have to be multiplied by 50 to determine the dollar amounts of my winnings and the broker's fees. In this case, the broker received 25% of my earnings even though my risk / reward ratio...
Thank you for your response.

Since I trade only indices cfd, I assumed your profit factor to be 2 based on your TP pip size selection of 6 while range trading within a band of 25 up and 25 down.

Volume as a reference point can be a validation point but mt4 or mt5 dont have centralised volume statistics.

In scalping what role VWAP can play as a median point or a scalping zone diffrentiator? Should I shift to indice futures instead of cfd ? Your views please.
Practice makes a person perfect
  • #1,589
  • Dec 20, 2020 10:14am Dec 20, 2020 10:14am
CFD or Future?

Hello Simnz,

I have produced an important video, for your question CFD or Future, please have a look there. You can translated the video in your language.

Inserted Video



Kind regards Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #1,590
  • Dec 24, 2020 1:40am Dec 24, 2020 1:40am
Christmas 2020

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Hello dear subscribers,

The year 2020 was and is a particularly difficult year for many people and will go down in history due to the Corona crisis. Although Germany mastered the first wave well, we are now in the top positions in the world in the second wave. The intensive care units are full and even my wife, who as the headmistress trains nurses in the health care system, is voluntarily in the intensive care unit at Christmas because many nurses are sick. And there are still many idiots who argue that Corona is more harmless than the flu. They should come to us in the intensive care unit and help voluntarily.

Now Christmas is just around the corner, and I hope that you still get some rest to recharge your batteries for the next year. I would like to thank you all for following me, for your great ideas and improvements and for the friendly interaction on this blog. Thank you very much!

I sincerely wish you a Merry Christmas with those you love. Take care of yourself and stay healthy.

Kind regards Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #1,591
  • Dec 26, 2020 7:31am Dec 26, 2020 7:31am
Video about the high frequency trader

Hello dear subscribers,

before the old year is over, I wanted to publish my last video this year. It is about the high-frequency traders who cannot harm us in the forex market, but we can still learn a lot from their approaches.

Inserted Video


I wish you a lot of fun

Kind regards Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #1,592
  • Dec 27, 2020 3:47am Dec 27, 2020 3:47am
Quoting Bionics
Video about the high frequency trader Hello dear subscribers, before the old year is over, I wanted to publish my last video this year. It is about the high-frequency traders who cannot harm us in the forex market, but we can still learn a lot from their approaches. https://youtu.be/W6J3Ez_QmPQ I wish you a lot of fun Kind regards Michael
I have enjoyed watching some of your videos.
I am an avid reader and prefer to have transcripts in English.
I will appreciate if you can provide the English transcripts here.
Thank you
Practice makes a person perfect
  • #1,593
  • Dec 27, 2020 5:30am Dec 27, 2020 5:30am
Transcripts

Quoting simnz
{quote} I have enjoyed watching some of your videos.

Hello Simnz,

First of all, many thanks for the comment. I tried to compromise with my videos on Youtube. Text in German and the labels and pictures in English. First of all, that is a significantly greater effort. The texts are broken down on YouTube and presented as a transcript in German. All words are written in lower case and no punctuation marks are used. The transcript is also provided with time information that matches the video. Unfortunately, Youtube does not understand all words correctly and therefore misrepresent them.

Unfortunately, posting a transcript is out of the question for me because there is no reference to the video. As a result, many things are misinterpreted or not understood because the video is not available. Since there are no punctuation marks, no clear reference to a sentence can be made in the translation. Revising the transcript, adding punctuation, and then translating it into English is an big job. In addition, everything would have to be rearranged, as sentences are spoken differently than they are written.

I have already started editing the transcripts on Youtube so that they can be translated more clearly into all languages. This also creates a precise reference to the video.

I hope this helps you further.

Kind regards Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #1,594
  • Dec 27, 2020 5:42am Dec 27, 2020 5:42am
Quoting Bionics
Transcripts {quote} Hello Simnz, First of all, many thanks for the comment. I tried to compromise with my videos on Youtube. Text in German and the labels and pictures in English. First of all, that is a significantly greater effort. The texts are broken down on YouTube and presented as a transcript in German. All words are written in lower case and no punctuation marks are used. The transcript is also provided with time information that matches the video. Unfortunately, Youtube does not understand all words correctly and therefore misrepresent...
I think you do more than enough, M. The amount of information supplied free if charge here is simply unmatched anywhere.

Would it be nice to have English videos? Yes, if course, however, that's life! We will live

Hope you are having a good Christmas break and looking forward to a grand New Year.

Lem.
  • #1,595
  • Edited 3:05pm Dec 27, 2020 12:10pm | Edited 3:05pm
Quoting Bionics
Video about the high frequency trader Hello dear subscribers, before the old year is over, I wanted to publish my last video this year. It is about the high-frequency traders who cannot harm us in the forex market, but we can still learn a lot from their approaches. https://youtu.be/W6J3Ez_QmPQ I wish you a lot of fun Kind regards Michael
Hello Michael,
thank you so much for your perfect analysis!
As a result a forex retail trader will loose money sooner or later...

Question now is: do we have an access to those high frequency traders?
Grüße, Uli
  • #1,596
  • Dec 29, 2020 1:29am Dec 29, 2020 1:29am
Quoting lemercenaire
{quote} I think you do more than enough, M. The amount of information supplied free if charge here is simply unmatched anywhere. Would it be nice to have English videos? Yes, if course, however, that's life! We will live Hope you are having a good Christmas break and looking forward to a grand New Year. Lem.
Hello Lem,

thank you very much for your encouraging words, I agree with you, because one can't please everyone. I understand that people want to learn as much as possible in order to move forward. But besides my trade, there is also family, sport and a life.

I wish you a happy new year and stay healthy.

Kind regards Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #1,597
  • Dec 29, 2020 1:33am Dec 29, 2020 1:33am
Quoting renkotop
{quote} Hello Michael, thank you so much for your perfect analysis! As a result a forex retail trader will loose money sooner or later... Question now is: do we have an access to those high frequency traders? Grüße, Uli

Hello Uli,

The high-frequency traders are not so dangerous for us retail traders, because they are rarely found in the Forex market. The background: In the forex market, no specific bid and ask information is transmitted and there is a minimum holding period for the trades placed. The main playing field for high-frequency traders is in the exchange-regulated markets. Since these traders operate in the millisecond range, there is no access to this information. Thanks to special programming, the main computer of the high-frequency trader recognizes when a certain address repeatedly buys certain stocks or currencies within seconds. From this a recurring principle is recognized and the high-performance computer gets ahead of the secret buyer. Within a millisecond, very large quantities are bought and a few seconds later thrown back into the market with a high profit. That works in 9 out of 10 cases. I will go into that again in my next video.

Kind regards Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #1,598
  • Dec 29, 2020 7:21am Dec 29, 2020 7:21am
Quoting Bionics
{quote} Hello Uli, The high-frequency traders are not so dangerous for us retail traders, because they are rarely found in the Forex market. The background: In the forex market, no specific bid and ask information is transmitted and there is a minimum holding period for the trades placed. The main playing field for high-frequency traders is in the exchange-regulated markets. Since these traders operate in the millisecond range, there is no access to this information. Thanks to special programming, the main computer of the high-frequency trader recognizes...
Thanks Michael!
  • #1,599
  • Dec 31, 2020 10:18am Dec 31, 2020 10:18am
New year 2020/2021

Hello dear subscribers,

Since I had a little time between Christmas and New Years, I launched my 8th video today. The subject: speculate or invest. In addition, I will also give you a little insight into our projects in 2021. Since Youtube always takes a long time to convert my video to 4K, I think it will be ready for use in 2-3 hours.

Inserted Video


I wish you a happy new year and enjoy the time as much as you can.

Kind regards Michael
Forget:That does not work, amateurs build the ark, pros the Titanic!
  • #1,600
  • Dec 31, 2020 11:51am Dec 31, 2020 11:51am
Quoting Bionics
New year 2020/2021 Hello dear subscribers, Since I had a little time between Christmas and New Years, I launched my 8th video today. The subject: speculate or invest. In addition, I will also give you a little insight into our projects in 2021. Since Youtube always takes a long time to convert my video to 4K, I think it will be ready for use in 2-3 hours. https://youtu.be/VXriydpuSi4 I wish you a happy new year and enjoy the time as much as you can. Kind regards Michael
Thanks, Michael and have a great New Year.
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