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Flying Dutchman

  • #1,361
  • May 17, 2022 10:42pm May 17, 2022 10:42pm
Quoting moodybot
{quote} If Forex has fake volume, inc Trading View, and that your data feed was fake, faulty or whatever, what was actually causing the big daily percentage gains over the last few weeks? Just inquiring for for those interested. And the elephant lurking in the room is, have those daily gains increased with the new data or do they match the results with the fake data? Again just asking on behalf of the mob!
Andy of course they have increased Daily gains with the new REAL DATA ! AND AND now the winrate is 99.9% too !!!
New real data....

ALAMEDA RESEARCH LOOK OUT ROOROO HAS REAL DATA !!!!!

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Master your Mind,,,Master the Market
  • #1,362
  • May 17, 2022 10:52pm May 17, 2022 10:52pm
Quoting bluesteele
{quote} Andy of course they have increased Daily gains with the new REAL DATA ! AND AND now the winrate is 99.9% too !!! New real data.... ALAMEDA RESEARCH LOOK OUT ROOROO HAS REAL DATA !!!!! {image}

My thread Kev, I do the funnies....
  • #1,363
  • May 17, 2022 11:42pm May 17, 2022 11:42pm
Quoting bluesteele
{quote} Andy of course they have increased Daily gains with the new REAL DATA ! AND AND now the winrate is 99.9% too !!! New real data.... ALAMEDA RESEARCH LOOK OUT ROOROO HAS REAL DATA !!!!! {image}

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  • #1,364
  • May 17, 2022 11:52pm May 17, 2022 11:52pm
Quoting moodybot
{quote} Just out of interest, Ryan mentions trading 3 pairs, and pipped you too the post. No harm in a little competition. Has he started trading Forex again while waiting for the opportune moment to get back into Crypto? Just interested as no real news from him regards daily profit, not after the Crypto drop and forex data is sh1te so volume wouldn't be the go to for analysis! Perhaps he used structure.
Always stay short when trading against degenerate crypto gamblers hoping to get rich quickly.

Thats all you need to know really, they provide nice volume and delta levels to trade against every single day.

Therefore the 3 amigos were shorting a certain coin last week, volume levels were delicious.
Trading thin liquidity at the boundary of the charts
  • #1,365
  • May 18, 2022 12:44am May 18, 2022 12:44am
Quoting RickM
{quote} Always stay short when trading against degenerate crypto gamblers hoping to get rich quickly. Thats all you need to know really, they provide nice volume and delta levels to trade against every single day. Therefore the 3 amigos were shorting a certain coin last week, volume levels were delicious.

Hi rick, thanks for taking the time.

Recent history would suggest that Rudy would share with us his percentage gain on BTC, short only as you mentioned, in the biggest run short in Crypto history, but a week with no update!
With that kind of profit could we be seeing a new film, 3 amigos and the big short.
  • #1,366
  • May 18, 2022 4:09am May 18, 2022 4:09am
When a move is fake

When volume does not valid the move

The three Amigo's start up a conversation.

Is there anything worth shorting in Crypto tonight?

More importantly

Is there a Volume signal to enter?

Yes, I like the look of just one but not a target in sight.

DAM, it will just have to do

SELL
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Trading thin liquidity at the boundary of the charts
  • #1,367
  • Edited 4:40am May 18, 2022 4:25am | Edited 4:40am
Quoting RickM
When a move is fake When volume does not valid the move The three Amigo's start up a conversation. Is there anything worth shorting in Crypto tonight? More importantly Is there a Volume signal to enter? Yes, I like the look of just one but not a target in sight. DAM, it will just have to do SELL {image}

Very good, now shouldn't Rudy's thread just be in Crypto, now that you boys have moved on?

And just the small matter of claiming the big profit increase while using crap data. How's it going now, any improvement or basically, still the same.
  • #1,368
  • May 18, 2022 6:00am May 18, 2022 6:00am
Quoting moodybot
{quote} Very good, now shouldn't Rudy's thread just be in Crypto, now that you boys have moved on? And just the small matter of claiming the big profit increase while using crap data. How's it going now, any improvement or basically, still the same.
Here is the thing, its not the data we have been using to trade the markets for months.

We spend a few hours a day examine all data we receive on our trading platforms to find issues that may provide misleading signals for us.
Then we have to get in sync with the delta, feel its flow and be able to EXECUTE THE TRADE with excellent positive outcomes.

Most nights we just crack it, some nights we may crack the wall (luckily I only have two holes in the office wall den this year)

By the way, KNCUSDT is now only up +15.58% for the day, since I posted my last post - its down -15%.
The shorts going well but enough is enough.

Greedy traders don't deserve great rewards.
Trading thin liquidity at the boundary of the charts
  • #1,369
  • Edited 8:59am May 18, 2022 8:43am | Edited 8:59am
Quoting TimeTells
{quote} Hi Andy, Lovely chart of yours sir. And that's what I;ve been trying to tell folks mate, YOU have a handle (on "Where" is the New Firm Low) You call it the PFL on your charts . (heheee, some will still call it magic though pal, don't worry ) Pete
Thanks All, still learn how is possible to make educated guess with peak formation low BEFORE or WHILE this happening .... hmmm
and NOT KNOW THE FUTURE
Moddy Bot getting more fun there.

Happy peepz
  • #1,370
  • May 18, 2022 2:14pm May 18, 2022 2:14pm
"The demise of this $hit token was launched from a H&S - of course, this is a chart pattern many of those that got buried claim never work"

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Master your Mind,,,Master the Market
  • #1,371
  • May 18, 2022 5:33pm May 18, 2022 5:33pm
Quoting RickM
{quote} Here is the thing, its not the data we have been using to trade the markets for months. We spend a few hours a day examine all data we receive on our trading platforms to find issues that may provide misleading signals for us. Then we have to get in sync with the delta, feel its flow and be able to EXECUTE THE TRADE with excellent positive outcomes. Most nights we just crack it, some nights we may crack the wall (luckily I only have two holes in the office wall den this year) By the way, KNCUSDT is now only up +15.58% for the day, since...
Thanks Rick.

Reading between the lines it appears that you are now not using volume data to find entry points, obviously Forex data can't be used with the accuracy that you would want. Trading View data as Ryan said was not reliable or accurate for your entry.

When you say that you spend a few hours a day looking at data to find misleading signals, would that data be price, or price data worked via your own algorithm? If so would the data that you use be just a humble candle chart as I too look for misleading information, better known as trapped traders at reversal points?

I believe I get in with the flow and sync with delta, as generally big candles start pushing in my direction at entry, although, I can get them wrong, as most will.

If so are you, like the rest of us, trading in magic!
......................................................................
  • #1,372
  • May 18, 2022 5:48pm May 18, 2022 5:48pm
Quoting moodybot
{quote}
Thanks Rick.
I believe I get in with the flow and sync with delta, as generally big candles start pushing in my direction at entry, although, I can get them wrong, as most will.

If so are you, like the rest of us, trading in magic! ......................................................................


Yes Andy, imho everybody can only trade to the best of their own understanding at the time.

And there being just one best method as "the way" to trade the markets would only be misleading to newcomers in forex.

Each new day I look at the current market structure & prior behaviour and then let the cards be dealt knowing nothing in advance but from past observation.

I do most of this in my head and not on the chart
(as when price moves & new candles are formed during the day, any text etc gets shifted away from its original place lol )

Day Open Viewpoint

.
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  • #1,373
  • May 18, 2022 6:03pm May 18, 2022 6:03pm
Quoting TimeTells
{quote} Yes Andy, imho everybody can only trade to the best of their own understanding at the time. And there being just one best method as "the way" to trade the markets would only be misleading to newcomers in forex. Each new day I look at the current market structure & prior behaviour and then let the cards be dealt knowing nothing in advance but from past observation. I do most of this in my head and not on the chart (as when price moves & new candles are formed during the day, any text etc gets shifted away from its original place lol )...

I think it's clear Pete that unless one is on the inside, no one really has an advantage.

And that brings us right back down to good old screen time, probability and understanding of market structure.

One thing in life the youngsters need to understand, and will ignore, as we all did, you cannot beat experience!
  • #1,374
  • May 18, 2022 7:38pm May 18, 2022 7:38pm
Quoting moodybot
{quote} Thanks Rick. Reading between the lines it appears that you are now not using volume data to find entry points, obviously Forex data can't be used with the accuracy that you would want. Trading View data as Ryan said was not reliable or accurate for your entry. When you say that you spend a few hours a day looking at data to find misleading signals, would that data be price, or price data worked via your own algorithm? If so would the data that you use be just a humble candle chart as I too look for misleading information, better known as...
Andy

We trade only on volume signals, nothing has changed.

You will you find the best volume and delta signals when liquidity is under stress during an expansion period of price. So follow breakouts and examine the ratio between buyers and sellers, size of current delta and speed of current market.

Data can become disjoined on any market and therefore become invalid, untradable for a period. It normally occurs during low volume periods so we need to be able to recognise if modest delta readings actually show true direction on a tick chart.

Then we need to turn our brain on and hope we “get it”.
Trading thin liquidity at the boundary of the charts
  • #1,375
  • May 18, 2022 9:44pm May 18, 2022 9:44pm
Quoting RickM
{quote} Andy We trade only on volume signals, nothing has changed. You will you find the best volume and delta signals when liquidity is under stress during an expansion period of price. So follow breakouts and examine the ratio between buyers and sellers, size of current delta and speed of current market. Data can become disjoined on any market and therefore become invalid, untradable for a period. It normally occurs during low volume periods so we need to be able to recognise if modest delta readings actually show true direction on a tick chart....
Thanks for the reply Rick!
  • #1,376
  • May 18, 2022 10:12pm May 18, 2022 10:12pm
Quoting RickM
{quote}
Data can become disjoined on any market and therefore become invalid, untradable for a period. It normally occurs during low volume periods so we need to be able to recognise if modest delta readings actually show true direction on a tick chart. Then we need to turn our brain on and hope we “get it”.

Hi Rick,

Thank you for your explanation & your openness regarding the strengths and the limitations of trading with volume data obtained from different sources, and your own implementations of double-assessing the current validity of such data in the moments that you trade.


I reckon everything we all see on our charts (clean charts, indi charts, multi templates & timeframes etc), plus any external news (if a trader is interested) at set times during a trading day, all geo-political machinations going on around the world etc, is also some form of data, that may well initiate an increase or decrease in ‘activity’ that then occurs on our charts.

In life everything we see, even as we walk, or drive etc, is taken in by our eyes as a form of data for assessment and usage by ourselves.


For yourself Rick, cross-checking your incoming volume data from specific sources, re-assessing that data on its arrival, and maybe discussing the current validity of that data with your team or groups tells me you are doing the best that you possibly can to verify the information you have received. Well done.


Similarly, I imagine each forex trader will do their own version of a Quality Control Process with their own data (chart info, just for example) and will also go through their own internal process of re-assessing what they understand from their own info, cross-checking the same, and maybe also discussing (the setups) with other traders or posting pre-action charts on FF for others to view and comment.


I hope we can all agree at this point that it is possible for different traders to trade in different (OR the same) markets in different ways & timeframes to achieve the same purpose of closing out with a successful trade.


If there is any ‘magic’ in trading then I see it only coming from the trader themselves.
Using whatever props each might have at their disposal (chart data, vol data, market structure, market behaviour etc etc etc etc) to allow them to have the necessary balanced confidence of understanding when they enter their trade, and also to have their wits about them should the trade not go directly or immediately in their chosen way.


Wishing you the best with it Rick, as others will also wish Each & Every Other Trader the very best with their own personally chosen or acquired methodology of trade assessment.
  • #1,377
  • May 18, 2022 10:17pm May 18, 2022 10:17pm
Quoting moodybot
{quote} I think it's clear Pete that unless one is on the inside, no one really has an advantage. And that brings us right back down to good old screen time, probability and understanding of market structure. One thing in life the youngsters need to understand, and will ignore, as we all did, you cannot beat experience!
Hopefully you all dont mind me jumping in here. Ill be quick as I am not up to speed on the actual discussion happening here but I saw this and wanted to reply.

I believe in one, one very big advantage. This advantage certainly does not take away from the good old screen time, probability and understanding of market structure along with several others. Experience is needed, 100 percent.

With that being said, here is the big advantage:

MINDSET is the (Physical and Mental), thats the advantage. Lots of learnable skills within that "MINDSET" framework but very few have it!
Swing the AXE..HARD w/ Effort, Consistency and Patience
  • #1,378
  • May 18, 2022 11:14pm May 18, 2022 11:14pm
Quoting HTG
{quote} Hopefully you all dont mind me jumping in here. Ill be quick as I am not up to speed on the actual discussion happening here but I saw this and wanted to reply. I believe in one, one very big advantage. This advantage certainly does not take away from the good old screen time, probability and understanding of market structure along with several others. Experience is needed, 100 percent. With that being said, here is the big advantage: MINDSET is the (Physical and Mental), thats the advantage. Lots of learnable skills within that "MINDSET"...
Yep mindset, absolutely crucial.

Confidence in one’s method and abilities could be added.

Cheers
  • #1,379
  • May 18, 2022 11:42pm May 18, 2022 11:42pm
Quoting TimeTells
{quote} Hi Rick, Thank you for your explanation & your openness regarding the strengths and the limitations of trading with volume data obtained from different sources, and your own implementations of double-assessing the current validity of such data in the moments that you trade. I reckon everything we all see on our charts (clean charts, indi charts, multi templates & timeframes etc), plus any external news (if a trader is interested) at set times during a trading day, all geo-political machinations going on around the world etc, is also some...
Great Pete post.
  • #1,380
  • May 19, 2022 12:22am May 19, 2022 12:22am
RE: US30

Tough call isn't it, most markets deadset static after yesterday's 1,160 tumble on US30. I'll go with US30 down another 1,000 by close Friday. (Trust this the correct thread to post it, couldn't really find any threads dedicated to US30 or A200).

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