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Advanced volume trading

Hello Lekkim, how did things go, did you mange the account opening, if so, how was the first day, D
I don't need to be good at the game, only good enough to beat my opponent,
  •  Lekkim
  • Joined Apr 2019 | Status: Trading fanatic back in action | 810 Posts | Online Now
Quoting detector
Hello Lekkim, how did things go, did you mange the account opening, if so, how was the first day, D
Hey fren
I was a bit discouraged by the haters and the censoring here on FF, so I haven't been trading today at all.
But I will continue with the experiment, starting tomorrow (Tuesday) or Wednesday, will be updating in thread
'You don't know how'-ninner 2020 'Good way to lose money'- kodakwhite 2021
Quoting Lekkim
{quote} Hey fren I was a bit discouraged by the haters and the censoring here on FF, so I haven't been trading today at all. But I will continue with the experiment, starting tomorrow (Tuesday) or Wednesday, will be updating in thread
Oh Lekkim, I'm so sorry to hear this, some should be ashamed of themselves to think of such an effect they could have on an individual, fully understand, D
I don't need to be good at the game, only good enough to beat my opponent,
Quoting detector
{quote} Oh Lekkim, I'm so sorry to hear this, some should be ashamed of themselves to think of such an effect they could have on an individual, fully understand, D
It is a common thing to troll... on any thread you start. You either need to have a thick skin to discard it all... or treat the ignore button like a machine gun trigger. There are more negative vibes... than the positive ones, normally. Just need to discard it and go ahead!!!!!!!!!
Or simply do what was asked nicely and post 1 trade at the right edge to illustrate the idea or concept being put forward

Else the poster is a troll

Simple really
Quoting SyntaxError
Or simply do what was asked nicely and post 1 trade at the right edge to illustrate the idea or concept being put forward Else the poster is a troll Simple really
I thought a troll, trolled other threads not his/her own, just be patient, I'm not giving anyone a hard time, neither is anyone else on this thread, If Lekkim never post again, what's the problem, also considering if anything of value IS posted, it will be for your benefit too, maybe that's why Lekkim has been silent, come on, be good, D
I don't need to be good at the game, only good enough to beat my opponent,
Is not the plan here to share ideas and potential discourse about trading systems with a volume flavor however they are derived ?

Present an idea discuss with examples and then probably make the idea more robust ?

Go back through the postings if you can be bothered ; the thread starting with a ripper title and then headed into cartoons and platitudes and spectacular images that cannot be explained and I suggest was going into some type of commercial offer of some sort.

People who get and really understand volume are always looking for intelligent discussion on the topic to grow the body of knowledge and hopefully share insights.

Yes it sounds precious but we take our volume analysis seriously and always welcome rational on point discussion illustrated with real examples

Just saying
Ok, you make a valid point, not sure about the commercial offer, wrong to make that assumption, and still wrong to go about levering any answers, I'm in the dark as much as the rest, I'm being patient and not accusing, I've conversed with Lekkim in the past and find him/her polite so not about to make enemies, when there is activity on the thread, I'm notified, until we hear from Lekkim, I'm getting on with my game, D
I don't need to be good at the game, only good enough to beat my opponent,
Quoting RickM
{quote} Here is an example between the paid volume data I get and Tick volume on MT4. I cannot say if any data we get is accurate, but we need to trust data we work with and the MT4 tick data is useless in my opinion. The blue line in the top chart is what I consider average volume, I will look to take trades when I see spikes in volume that match price expansion, either with or against the direction. That large white spike was high of day. {image}
Quoting BWilliam
{quote} The fundamental problem with volume is the volume from mt4 platform that retail traders work with is tick data from the broker which is mostly filtered meaning "dirty" tick data. This tick data which retail brokers label as volume is not the actual volume of transactions transacted in the interbank market. It may carry the same name of volume but they both don't mean the same thing. So any attempt to pass off this tick data as volume of transactions is wrong.
Here is an example between the paid volume data I get and Tick volume on MT4.
I cannot say if any data we get is accurate, but we need to trust data we work with and the MT4 tick data is useless in my opinion.

The blue line in the top chart is what I consider average volume, I will look to take trades when I see spikes in volume that match price expansion, either with or against the direction. That large white spike was high of day.
Attached Image (click to enlarge)
https://www.forexfactory.com/attachm...1&d=1609717358


Actually from my experience, price behaviorism is a misunderstood form of analysis. And it is misleading if a person does not understand certain things first. For example, when people talk about volume and ticks, you're talking about two 'brothers'. If a person works with only one, then you are going to be misled. Paid data or not. Any tool is susceptible to user stupidity/ignorance/naivety/poor experience or even the person's ACTUAL thinking process in everyday life. 'Dirty data' as it was said, comes from the type of model the broker conforms to. Most people are very 'slack' with their definitions and proper understanding of these things in real "real life". So if you use a broker that calibrates their servers according to their client base, then your data will be inconclusive.

So both volume and tick data MUST be understood and extrapolated properly to see what is there. Otherwise people say things like 'dirty data' and 'useless data' and actually believe what they are saying to be true and accurate.

Sorry if this seems harsh. And I hope it helps.

Peter
Reality of trading is strangely simple when you just stop & think about it.
Quoting PeterCaleb
{quote} Quoting BWilliam {quote} The fundamental problem with volume is the volume from mt4 platform that retail traders work with is tick data from the broker which is mostly filtered meaning "dirty" tick data. This tick data which retail brokers label as volume is not the actual volume of transactions transacted in the interbank market. It may carry the same name of volume but they both don't mean the same thing. So any attempt to pass off this tick data as volume of transactions...
Everyone is right in their own sense... whether you take tick data or volume, as long as you are able to make profitable trades analyzing it. The ONE and ONLY reason... I was interested in this thread, is because @Lekkim showed amazing trading skills to take 100$ account to 500$ in a matter of days. He also promised give some insights into.. how he is doing it, once the account hits 500$ equity. So to be honest... Im just waiting for him to provide us with some valuable information / ways of harnessing the power of volume to make better trades.

I don't know, if he was just showing off his skills and teasing... or he actually intend to share his knowledge. Just being patient and waiting...! If he share his insights...great, if not.... never mind!!!
  •  Lekkim
  • Joined Apr 2019 | Status: Trading fanatic back in action | 810 Posts | Online Now
Ready to trade
I deposited 500$ into real acc
Updates every hour on mfxb
https://www.myfxbook.com/portfolio/l...t-real/7634208
https://www.myfxbook.com/members/lekkim
'You don't know how'-ninner 2020 'Good way to lose money'- kodakwhite 2021
  •  Lekkim
  • Joined Apr 2019 | Status: Trading fanatic back in action | 810 Posts | Online Now
Inserted Video
'You don't know how'-ninner 2020 'Good way to lose money'- kodakwhite 2021
  •  Lekkim
  • Joined Apr 2019 | Status: Trading fanatic back in action | 810 Posts | Online Now
My trading on acc start after midnight It's gonna be heavely leveraged, however not as last time though on demo, account is up to 1:500, but I will keep a max on 1:200 and spread trades on many different markets
Cheers and trade well all
'You don't know how'-ninner 2020 'Good way to lose money'- kodakwhite 2021
Lekkim .. Apology accepted thank you ... we are all here to learn about volume and share ...
  •  Lekkim
  • Joined Apr 2019 | Status: Trading fanatic back in action | 810 Posts | Online Now
Quoting SyntaxError
Lekkim .. Apology accepted thank you ... we are all here to learn about volume and share ...
Thanks man, we shouldn't fight each other. We're all here to search for the economic freedom, and our task is a tall one, but we might succeed, it's worth a try imo
I understand why I can seem like a troll I have an eccentric personality and a (funny) dark/meme/trading humor, hehe
I actually have over 10 years of trading experience, so I should soon have experienced all the traps and made the fails and 'what not to do'
'You don't know how'-ninner 2020 'Good way to lose money'- kodakwhite 2021
Quoting SyntaxError
Lekkim .. Apology accepted thank you ... we are all here to learn about volume and share ...


Quoting Lekkim
{quote} Thanks man, we shouldn't fight each other. We're all here to search for the economic freedom, and our task is a tall one, but we might succeed, it's worth a try imo I understand why I can seem like a troll I have an eccentric personality and a (funny) dark/meme/trading humor, hehe I actually have over 10 years of trading experience, so I should soon have experience all the traps and made the fails and 'what not to do'
I don't need to be good at the game, only good enough to beat my opponent,
  •  Lekkim
  • Joined Apr 2019 | Status: Trading fanatic back in action | 810 Posts | Online Now
GO VOLUMERS!!!

Remember all reading this: Everyone is welcome to contribute to this thread, no matter the experience.. Unlike (someone) I will never ignore or censor a post, also I will try to answer all if a question is directed towards me.
Thank you all for the likes, never tried having 7 likes on a thread post
Had some 'normal' work and stuff to do today, also spend some time setting up everything so all it set to try moon the real account (in time ofc, no stress, approx 225 trading day a year)
Also, I will try my best to be more patient and not go 'full retard' and tilt
'You don't know how'-ninner 2020 'Good way to lose money'- kodakwhite 2021
  •  Lekkim
  • Joined Apr 2019 | Status: Trading fanatic back in action | 810 Posts | Online Now
I fully understand that financial trading also is for other smart guys with big ego's (myself included)
We've sacrificed so much time, in search of our edge. I really respect other traders for being creative, coming up with ideas, whether they fail or not.
I've got taught a lot through 'failing forward' after a fail you analyze what not to do and try to perfect your methods

We've all thought we've been hitting the 'Holy Grail' before, and the disappointments can be brutal, but keep your head high, I still believe there is a chance to create a consistent edge that can make me able to live off my laptop while traveling the world (one of my dreams, only need finances for that, and foi I'm not a rich guy, I'm a guy educated in economics who always since childhood had an interest a fascination of the markets.
Feel free to share some of Your stories

In hope for success for all us of, whenever time it will happen!
The best, Lekkim, and I'm glad to have found some smart 'likeminded people/nerds' like me lol Peace
'You don't know how'-ninner 2020 'Good way to lose money'- kodakwhite 2021
Quoting Lekkim
Ready to trade I deposited 500$ into real acc Updates every hour on mfxb https://www.myfxbook.com/portfolio/l...t-real/7634208 https://www.myfxbook.com/members/lekkim
Good luck Lekkim
Quoting Lekkim
I fully understand that financial trading also is for other smart guys with big ego's (myself included) We've sacrificed so much time, in search of our edge. I really respect other traders for being creative, coming up with ideas, whether they fail or not. I've got taught a lot through 'failing forward' after a fail you analyze what not to do and try to perfect your methods We've all thought we've been hitting the 'Holy Grail' before, and the disappointments can be brutal, but keep your head high, I still believe there is a chance to...
Great you on the trail Lekkim.
Where I'm at with volume, or as I call it "activity" not very far, I use basic volume in a likeminded fashion, a build means more activity, that's it, at the point of more activity something will happen, below is EUR/USD with basic volume on the chart, red line 4800 is used on the hourly, 2800 is used on the 30min.
The lines represent a bar for activity, should volume hit or pass through, a reaction will normally occur, think we've all been there with this method, how are we going to develop from here?, there are other volume based indicators that target specific activity however we're still at a level from exact "Buying & Selling", suspect "strength" among other crosses is a "form" of identifying, some commercial indicators are currently on the market that do a similar thing.
So there's my take take, basic and simple, sorry for my limited input, D
Attached Image (click to enlarge)
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I don't need to be good at the game, only good enough to beat my opponent,
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