Hi Andy, I apologise I dragged this RickM's shit onto your thread, my fault. My first post is the only post relevant to your topic. I have to leave your thread because my presence attracts RickM in full venom. Take care guys and good trading to all.
- Joined May 2010 | Status: Straight line Fest | 2,670 Posts | Invisible
- Joined Sep 2015 | Status: Member | 1,796 Posts
{quote} What I don't get is if the drawdown is so low as you claim why don't you super traders hold your trades till the top of the swing, close it then open a low drawdown trade to ride it to the bottom today? 2 trades with low drawdown and huge rr. Wtf execute 56 trades? Unless super traders didn't know what the shit this market is going to do. Andy, this post is relevant to your thread.
Is it worth my time to reply.
Andy, BW likes to attack actual live traders with multiple posts before sneakily removing them for some twisted reason.
A bored retiree comes to mind, please enlighten us Jason.
Trading thin liquidity at the boundary of the charts
- Joined May 2010 | Status: Straight line Fest | 2,670 Posts | Invisible
Let’s get back to standard discussion and pi55 taking please..
- Joined Jan 2020 | Status: Goodbye FF | 1,515 Posts
Let’s get back to standard discussion and pi55 taking please..
- Joined Apr 2020 | Status: Offline | 2,039 Posts
Extend it out in Time !! Faith, Discipline, Patience, Prayers, Hard-work !!
- Joined Apr 2020 | Status: Offline | 2,039 Posts
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{quote} Hold till NY close see what happens. {quote} If I say trust A make no sense since you already set stop loss to be. The question is whether you trust B disappearing ? Again hold till NY close, you will know the answer.
{quote} Ok, given the contradicting response from nfp and sentiment index, and the muted response post fomc I am trying to figure which major direction EU and GU take this coming few weeks. To me the market is at a crossroad which direction it takes from here. Your thoughts pls. And your thoughts about the strengthening yen.
Extend it out in Time !! Faith, Discipline, Patience, Prayers, Hard-work !!
- Joined Dec 2018 | Status: Member | 1,775 Posts
Crikey, busy morning here among the troops I see 
.
I’ve been trading a couple of pairs essentially over the past three to four weeks.
Using data from the past 13 years (EU) and 10 years (UJ) as levels of interest & price return.
Utilising short term momentum charts (5m & 1m) I can scalp small profits, no more than scraps, during the lead-up to Franky and then the one hour post -London influx of new traders after the Asia close.
I use what I call algo repeating levels. And these levels came into existence a minimum of a decade ago, from my data.
EURUSD
They return, again, today. The levels were determined 13 years ago on this pair, so the horizontal lines across which might appear now as S/R or S/D recently, actually happened well after the levels were originally drawn.
It matters not to me how traders view levels or trade them, or even find them. I put up something the other night as to where traders can first see levels if they didn’t want to do any math or study deeper.
And it won’t really matter. Either way. They are not grail.
Any grail (should it ever exist) will come solely from the hands of the TRADER and their own trades.
It is what a trader brings to the Forex table, as themselves, which will likely determine their success or failure, NOT any system or method they employ.
The EU level on these charts below the .xx650 are 1.16920 below and 1.18370 above.
.
.I’ve been trading a couple of pairs essentially over the past three to four weeks.
Using data from the past 13 years (EU) and 10 years (UJ) as levels of interest & price return.
Utilising short term momentum charts (5m & 1m) I can scalp small profits, no more than scraps, during the lead-up to Franky and then the one hour post -London influx of new traders after the Asia close.
I use what I call algo repeating levels. And these levels came into existence a minimum of a decade ago, from my data.
EURUSD
They return, again, today. The levels were determined 13 years ago on this pair, so the horizontal lines across which might appear now as S/R or S/D recently, actually happened well after the levels were originally drawn.
It matters not to me how traders view levels or trade them, or even find them. I put up something the other night as to where traders can first see levels if they didn’t want to do any math or study deeper.
And it won’t really matter. Either way. They are not grail.
Any grail (should it ever exist) will come solely from the hands of the TRADER and their own trades.
It is what a trader brings to the Forex table, as themselves, which will likely determine their success or failure, NOT any system or method they employ.
The EU level on these charts below the .xx650 are 1.16920 below and 1.18370 above.
{quote}
Hi Andy, I rang her an hour before it, and all she said to me was, "Pete, business as usual"
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- Joined Dec 2018 | Status: Member | 1,775 Posts
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Andy's not about Kev. So I better say it, for him..................
"Sorry to hear about your recent case of elephantitus, Kev"
- Joined May 2010 | Status: Straight line Fest | 2,670 Posts | Invisible
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