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  • Post #9,441
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  • Edited 8:20am Feb 11, 2022 8:01am | Edited 8:20am
  •  bilal1947
  • Joined Apr 2020 | Status: Offline | 3,223 Posts
Quoting Pat Chiko
Disliked
{quote} Thanks Bilal, you post are very enlightening and educational. I really appreciate you sharing thought over this GBP. What you saying is of course totally true, but unfortunately that's not really what we want it is happens. True, the FX market is constantly "correcting" itself to eliminate those type of technical inefficiencies. These inefficiencies exist because the dissemination of information from one financial center (let's say Tokyo) to other financial hubs like London and New-York is not always instant. When something bad happens to...
Ignored
Thank you and you're always welcome to correct me! but this displacement and ineffiecincy is not the delay of data it is the price behaviors how it moves very precise very specific to the pip. it is the leap steps taken by price moving rushing towards some where, no doubt it corrects back / filling them later or to balance the unfair delivery of price, and yes price has to close/mitigate those order left under water.

Reference to S&D, the algo does these transactions with in the algo as off books just to move the prices.
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The Ghost In The Machine
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  • Post #9,442
  • Quote
  • Feb 11, 2022 8:10am Feb 11, 2022 8:10am
  •  gkeidima
  • | Joined Jan 2022 | Status: Member | 49 Posts
Hello guys,
Nice beginning of the weekend.

My projections on USDCAD? im long preparing an entry.
For you, it's Up or down ?
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  • Post #9,443
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  • Feb 11, 2022 8:14am Feb 11, 2022 8:14am
  •  kris89
  • Joined Mar 2021 | Status: Crazy Frog | 3,775 Posts
Quoting Mr.Burger
Disliked
{quote} for me trading is just repeating in-out routine --- like a sleep, eat, sleep, eat, sleep repeat {image} --- it's weekend let's make the some fun
Ignored
More higher i think is need at least double topper for that dowmove .or suprishing mover
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
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  • Post #9,444
  • Quote
  • Feb 11, 2022 8:24am Feb 11, 2022 8:24am
  •  Gym4life
  • | Joined Jul 2020 | Status: Member | 160 Posts
Quoting kris89
Disliked
{quote} More higher i think is need at least double topper for that dowmove .or suprishing mover
Ignored
I think we have got liquidity.
1
 
  • Post #9,445
  • Quote
  • Feb 11, 2022 8:25am Feb 11, 2022 8:25am
  •  Waveskierrob
  • Joined May 2020 | Status: Best trader ever to have lived 4.0 | 4,783 Posts | Online Now
Quoting Pat Chiko
Disliked
{quote} Don't call me Boss lah. I'm you neighbor., If you throw stone sure hit my house roof top .... Trade Safe Bro.
Ignored
Pat Chiko........
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Soon To Be Temporarily Suspended Again
 
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  • Post #9,446
  • Quote
  • Feb 11, 2022 8:30am Feb 11, 2022 8:30am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,378 Posts
Quoting Waveskierrob
Disliked
{quote} Pat Chiko........ {image}
Ignored
Wowww. !

Springsteen also acquired his nickname, "The Boss," because he had a habit of collecting money earned during shows and then distributing it evenly among his band mates.

Salute to him for doing that and sharing wealth to others.

Long live The Boss @ 72 years old.
I come from the future.
 
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  • Post #9,447
  • Quote
  • Feb 11, 2022 8:32am Feb 11, 2022 8:32am
  •  Waveskierrob
  • Joined May 2020 | Status: Best trader ever to have lived 4.0 | 4,783 Posts | Online Now
Quoting Pat Chiko
Disliked
{quote} Wowww. ! Springsteen also acquired his nickname, "The Boss," because he had a habit of collecting money earned during shows and then distributing it evenly among his band mates. Salute to him for doing that and sharing wealth to others. Long live The Boss @ 72 years old.
Ignored
So are you going to do the same with your profits
Soon To Be Temporarily Suspended Again
 
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  • Post #9,448
  • Quote
  • Feb 11, 2022 8:33am Feb 11, 2022 8:33am
  •  bilal1947
  • Joined Apr 2020 | Status: Offline | 3,223 Posts
Quoting bilal1947
Disliked
{quote} Thank you and you're always welcome to correct me! but this displacement and ineffiecincy is not the delay of data it is the price behaviors how it moves very precise very specific to the pip. it is the leap steps taken by price moving rushing towards some where, no doubt it corrects back / filling them later or to balance the unfair delivery of price, and yes price has to close/mitigate those order left under water. Reference to S&D, the algo does these transactions with in the algo as off books just to move the prices. {image}
Ignored
Went up for a fair price delivery to the pip not to mitigate any thing.
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  • Post #9,449
  • Quote
  • Feb 11, 2022 8:57am Feb 11, 2022 8:57am
  •  R.y
  • | Commercial Member | Joined Aug 2014 | 246 Posts
GBP/USD
BUY
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Seek knowledge and adorn it with patience and respect; moreover, be humble
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  • Post #9,450
  • Quote
  • Feb 11, 2022 9:08am Feb 11, 2022 9:08am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,378 Posts
GU

Have to wait for entry.

Set up need to RT daily open price.

If, enough liquidity above to attact buyer to go for it

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I come from the future.
 
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  • Post #9,451
  • Quote
  • Feb 11, 2022 9:11am Feb 11, 2022 9:11am
  •  Mr.Burger
  • Joined Jul 2021 | Status: 2022 target achieved! | 1,036 Posts
Quoting kris89
Disliked
{quote} More higher i think is need at least double topper for that dowmove .or suprishing mover
Ignored
he can't touch 3600 it only takes one last kiss to kick me out!
Daddy, Brother, Lover, Little Boy
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  • Post #9,452
  • Quote
  • Feb 11, 2022 9:23am Feb 11, 2022 9:23am
  •  19monza64
  • Joined Jan 2019 | Status: Member | 631 Posts
AU H4
short set up
confluence QM + SRF
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I don't predict. I try to react.
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  • Post #9,453
  • Quote
  • Feb 11, 2022 9:55am Feb 11, 2022 9:55am
  •  Reza78
  • | Joined Aug 2018 | Status: Member | 78 Posts
Hi Mr Pat
In some posts that you write you talk about liquidity....could you please explain about it?
I mean you have any specific tools to identify it....thanks
1
 
  • Post #9,454
  • Quote
  • Feb 11, 2022 9:57am Feb 11, 2022 9:57am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,378 Posts
Quoting Pat Chiko
Disliked
GU Have to wait for entry. Set up need to RT daily open price. If, enough liquidity above to attact buyer to go for it {image}
Ignored
GU

Where got luck, it may bring money.

Give it a go on QM

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I come from the future.
 
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  • Post #9,455
  • Quote
  • Feb 11, 2022 10:26am Feb 11, 2022 10:26am
  •  Mitiblotch
  • Joined Sep 2017 | Status: Member | 7,263 Posts
Quoting Mitiblotch
Disliked
UJ short. Been more than a year I traded this pair, I guess. {image}
Ignored
Slow pair. It should fall more. Out with +11
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
1
 
  • Post #9,456
  • Quote
  • Feb 11, 2022 10:38am Feb 11, 2022 10:38am
  •  TrickorTrade
  • Joined Sep 2021 | Status: Member | 981 Posts
Setup I am currently back testing for GOLD. This setup does not always happens and its based on daily highs and lows price being taken out then reversing.
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  • Post #9,457
  • Quote
  • Feb 11, 2022 10:42am Feb 11, 2022 10:42am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,378 Posts
Quoting Reza78
Disliked
Hi Mr Pat In some posts that you write you talk about liquidity....could you please explain about it? I mean you have any specific tools to identify it....thanks
Ignored

You re asking liquidity or Liquidity Levels?

What you read here is more to liquidity level.

If Liquidity it resides with Liquidity provider.

Please clarify which one you're asking.
I come from the future.
 
1
  • Post #9,458
  • Quote
  • Feb 11, 2022 10:44am Feb 11, 2022 10:44am
  •  19monza64
  • Joined Jan 2019 | Status: Member | 631 Posts
GOLD H4
Sell 1835.60
SR + QM
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I don't predict. I try to react.
1
 
  • Post #9,459
  • Quote
  • Feb 11, 2022 10:47am Feb 11, 2022 10:47am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,378 Posts
Quoting Pat Chiko
Disliked
{quote} GU Where got luck, it may bring money. Give it a go on QM {image}
Ignored
GU

Almost Target... opps sorry SL.

No luck today


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I come from the future.
 
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  • Post #9,460
  • Quote
  • Feb 11, 2022 10:53am Feb 11, 2022 10:53am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,378 Posts
Quoting Pat Chiko
Disliked
{quote} GJ One spike stunt will clear all position. Common GJ you can spike it. {image}
Ignored
GJ

End of scalping.

Loss some, win some.

What A trading day


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I come from the future.
 
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