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  • #21
  • Jan 1, 2021 8:30am Jan 1, 2021 8:30am
Quoting ryuryu
18 years of trading and still same fairy tale about manual trading. Very strange that there is opposite info about stops. Average "truth" about trading look like this: always use stops, trend is your friend, only manual trading, only higher tfs. 2 out of 4 here.
well you could argue that biggest money trades happen within a few pips with no spread of course

why trade a trillion dollars for days/weeks if you can make a few million in 5 pips
  • #22
  • Jan 1, 2021 8:36am Jan 1, 2021 8:36am
Quoting Wags
{quote} well you could argue that biggest money trades happen within a few pips with no spread of course why trade a trillion dollars for days/weeks if you can make a few million in 5 pips
i like your thinking.

i forgot to say to the naysayer - i do use stops, but not in my trades. I hunt them.
https://linktr.ee/Soultrader
  • #23
  • Jan 1, 2021 8:41am Jan 1, 2021 8:41am
Just a question here for those of you reading.

How many of you understand about the velocity of currency? because an understanding of that will change your world, not only in trading but it any method of making money.
https://linktr.ee/Soultrader
  • #24
  • Jan 1, 2021 8:45am Jan 1, 2021 8:45am
Quoting soultrader
Just a question here for those of you reading. How many of you understand about the velocity of currency? because an understanding of that will change your world, not only in trading but it any method of making money.
Not me, please elaborate
  • #25
  • Jan 1, 2021 8:46am Jan 1, 2021 8:46am
Quoting soultrader
{quote} i like your thinking. i forgot to say to the naysayer - i do use stops, but not in my trades. I hunt them.
we a led to believe that big players have to build their positions because they have to accumulate and dustribute ... bullshit

real market turns happen on monetary volume at a price where they are happy with in one go and then they will defend that judgement
  • #26
  • Jan 1, 2021 8:49am Jan 1, 2021 8:49am
Honorable and Respectable SoulTrader Sir ,
Subscribed Sir Hope to learn from your in depth knowledge and experience , So from what you say you have special customized indicators which are currently not availabe anywhere online which you use to decide entry & exit both on buy & sell side for stop hunting etc ..
  • #27
  • Jan 1, 2021 8:51am Jan 1, 2021 8:51am
Quoting HumbleLearne
Honorable and Respectable SoulTrader Sir , Subscribed Sir Hope to learn from your in depth knowledge and experience , So from what you say you have special customized indicators which are currently not availabe anywhere online which you use to decide entry & exit both on buy & sell side for stop hunting etc ..
im sorry/ which part of 'i dont use indicators' dont you get?
https://linktr.ee/Soultrader
  • #28
  • Jan 1, 2021 8:56am Jan 1, 2021 8:56am
Quoting soultrader
Just a question here for those of you reading. How many of you understand about the velocity of currency? because an understanding of that will change your world, not only in trading but it any method of making money.
Sir currently i am using few currency meter indicators to analysis the strength of different currency ( its under testing ) and now after your input think that i am going into the right direction would you be kind enough as to share with us any good currency strength meter and the most import part how to read it and interpret it correctly please
  • #29
  • Jan 1, 2021 9:01am Jan 1, 2021 9:01am
Quoting danjuma
{quote} Not me, please elaborate
There are several video's on youtube - go watch a few - it's not rocket science but quite eye opening
https://linktr.ee/Soultrader
  • #30
  • Jan 1, 2021 9:02am Jan 1, 2021 9:02am
Quoting dkrock
{quote} You should probably just quit posting right now. You are clueless about trading Forex. Maybe you made a little money with your fake support/resistance strategy way back when, but face it, it was support/resistance, LOL, and since there is no such thing, doomed to fail. Now you are saying mathematics is not technical analysis, showing you are writer and T-shirt salesman, and not very savvy when it comes to trading. Then, you had to audacity to claim you trade against 5 time frames, with wma's 34 and 200, LOL, and win 85% of your trades, LOL....
good luck mate. i do understand why you are angry and i don't take it personally- you should be angry. I was too
https://linktr.ee/Soultrader
  • #31
  • Jan 1, 2021 9:10am Jan 1, 2021 9:10am
Quoting soultrader
{quote} im sorry/ which part of 'i dont use indicators' dont you get?

" i use a 34 wma and a 200 wma - doesn't really matter but the 34 is something ive used for years.
timeframes i use are daily 4hr 1hr 5minute and 2minute " post 19 you mentioned that you use this indicator so i thought you must be using other indicators as well MAY BE hence asked you a question THEN SUDDENLY YOU SAY " im sorry/ which part of 'i dont use indicators' dont you get?" ...but i think you are just another DRUNK form HAPPY NEW YEAR who hasn't still OVER WITH HIS DRINKING WITH A HANGOVER ..need to get your self a Lemonade probabaly 5 glasses to get you to your sences ..so that you can stop puncning crap ... unsubscribed & ignored ..what a waste of time ..
  • #32
  • Jan 1, 2021 9:10am Jan 1, 2021 9:10am
Quoting soultrader
{quote} i like your thinking. i forgot to say to the naysayer - i do use stops, but not in my trades. I hunt them.
Thank you for this and happy new year
  • #33
  • Jan 1, 2021 9:12am Jan 1, 2021 9:12am
Quoting HumbleLearne
{quote} Sir currently i am using few currency meter indicators to analysis the strength of different currency ( its under testing ) and now after your input think that i am going into the right direction would you be kind enough as to share with us any good currency strength meter and the most import part how to read it and interpret it correctly please
Hi Buddy, I don't use currency strength indicators - i did use them at one time but found that all they do is what you can do with your eyes. like ok USD is weak - did you need an indiicator to show you that?

I dont really care which is weak and which is strong - i just look at a chart and make my conclusions. I do set a lot of alerts tho.

ref the previous chat about velocity. it's very little to do with trading and is more to do with what you do with your own money when you have it. velocity is how the rich get richer and basically we increase velocity when we trade one currency for another. there is no magic thing here that i am hiding, just that you will see that most people exchange their time and money for things like a large tv - the rich exchange theirs for something of value that they expect to increase in value such as gold or something tangible that will not lose money. most people are the other way around and buy things that lose value the moment they bought it.
https://linktr.ee/Soultrader
  • #34
  • Jan 1, 2021 9:15am Jan 1, 2021 9:15am
Quoting HumbleLearne
{quote} " i use a 34 wma and a 200 wma - doesn't really matter but the 34 is something ive used for years. timeframes i use are daily 4hr 1hr 5minute and 2minute " post 19 you mentioned that you use this indicator so i thought you must be using other indicators as well MAY BE hence asked you a question THEN SUDDENLY YOU SAY " im sorry/ which part of 'i dont use indicators' dont you get?" ...but i think you are just another DRUNK form HAPPY NEW YEAR who hasn't still OVER WITH HIS DRINKING WITH A HANGOVER ..need to get your self a Lemonade probabaly...

good luck and thanks for stopping by a moving average is just a line, it doesn't indicate anything apart from the average price for the last x periods. it's not really an indicator is it just a quick way of carrying out a mathematical calculation. which i guess every indicator is so ok, my bad.

Good luck anyway.
https://linktr.ee/Soultrader
  • #35
  • Jan 1, 2021 9:17am Jan 1, 2021 9:17am
Quoting soultrader
Just a question here for those of you reading. How many of you understand about the velocity of currency? because an understanding of that will change your world, not only in trading but it any method of making money.
I never thought about velocity of a currency.
Would you mind to explain how can we evaluate this currency velocity in an objective way?
  • #36
  • Jan 1, 2021 9:18am Jan 1, 2021 9:18am
Quoting dkrock
{quote} Oh, I am not angry. You are a joke and I do not understand why you keep making threads. Just lonely? I am going to have to put you in my Ignore List, not because you are a troll or anything, but just because I think you don't know what you are talking about and eventually I will beat you up for it and might unintentionally teach you how to trade in the process. I simply cannot help people who openly ramble about trading and do not understand the concept of competition. Granted, you don't make enough money to understand this point-of-view,...
that sounds like someone promoting their latest book mate lol

reading between the lines and all that
  • #37
  • Jan 1, 2021 9:21am Jan 1, 2021 9:21am
Quoting dkrock
{quote} Oh, I am not angry. You are a joke and I do not understand why you keep making threads. Just lonely? I am going to have to put you in my Ignore List, not because you are a troll or anything, but just because I think you don't know what you are talking about and eventually I will beat you up for it and might unintentionally teach you how to trade in the process. I simply cannot help people who openly ramble about trading and do not understand the concept of competition. Granted, you don't make enough money to understand this point-of-view,...

does anone else have this wonderful 'proprietory information' - if so please block me too - the only ones defending such things actually have nothing and are just sore because for years they have been liquidity for the banks. I was trading when you were still crapping green sunshine. with 17million under management in 2005 and was still trading like you were, like a chump. my eyes opened when i learned how to make money from randomness.

Anyway, good luck - anyone who judges someone as quickly as you did doesn't deserve to win anyway.
https://linktr.ee/Soultrader
  • #38
  • Jan 1, 2021 9:23am Jan 1, 2021 9:23am
so could you please share some strategies having an edge in random markets?
  • #39
  • Jan 1, 2021 9:26am Jan 1, 2021 9:26am
Quoting Wags
{quote} we a led to believe that big players have to build their positions because they have to accumulate and dustribute ... bullshit real market turns happen on monetary volume at a price where they are happy with in one go and then they will defend that judgement
big players do have to - you can't just dump billions in the market in or out which is why turnarounds take a while.
https://linktr.ee/Soultrader
  • #40
  • Jan 1, 2021 9:28am Jan 1, 2021 9:28am
Quoting Wags
{quote} that sounds like someone promoting their latest book mate lol reading between the lines and all that
years ago maybe, i did white a book - it's on amazon. but i couldnt care less, you can have it for free as a pdf if you want it.
https://linktr.ee/Soultrader
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