Most volatile EU/GU/XAU/BTC trading | Page 49 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Most Volatile & Crazy Month? 6 replies

Anyone try using XAU/USD - XAU/EUR as proxy for EUR/USD? 4 replies

The most volatile pairs? 5 replies

the most volatile instrument 4 replies

Most volatile over the long term? 0 replies

Attachments: Most volatile EU/GU/XAU/BTC trading
Exit Attachments

Most volatile EU/GU/XAU/BTC trading

  • #962
  • Jun 4, 2022 5:00pm Jun 4, 2022 5:00pm
Quoting kk100
{quote} I use to be right place and not loosers.
people leave, but this thread will go on for ever
  • #963
  • Jun 4, 2022 5:06pm Jun 4, 2022 5:06pm
Quoting q_import
{quote} Some dont understand even if its right in front of them with an explaination. You can even show them they still dont get it. Its not for them.
and thats a FACT mate you know you can take a horse to water and cant make him drink it , and thats part of life and trading there is a holygrail of trading , kindest regards
people leave, but this thread will go on for ever
  • #965
  • Edited 7:26pm Jun 4, 2022 7:11pm | Edited 7:26pm
Quoting TimeTells
{quote} Hi ryu, I think you might be looking at the wrong chart maybe. I did a quick double check this morning and the yes price DID rise on my BUY suggestion from the time I mentioned the entry. Maybe you can post a full page 15 minute chart if you can of the instrument from your own crypto broker platform so I can point the trade out and show you. The post below has the original entry, the reason for the entry (target taken), the TP exit and the reason for the profit exit at that point (target taken). I hope this helps your understanding of my...
Hi Pete

Lines

Your strategy using target lines is very good and a tool I have used for the last three years. But its only good to set alerts so we can get to the chart to check out the current stop loss cluster.

Is the stop loss cluster strong or weak, is there even a cluster there at the target?

What I found after working with George was his target line theory is excellent for spotting current clusters, but it won't ensure a pullback will happen. One night, I chatted with George about this issue, how we could improve his strategy greatly and reduce the draw down events vastly.

You know what George was like - didn't want to listen.

"come on George, you really need to see this"

his reply when something like this

"but price is in my playground and conditions are set, Rick you need to listen to me or do you want to continue to suck off a baby's bottle"
Something close to that anyway.

So here is a way forward for you at least consider, at least look at - what have you got to lose.?

While trading EURUSD, look at a E6M22 Futures chart (or next rollover) looking at the Delta histogram. When price approaches a target (bullish), wait until the price shows a single Bearish histogram reading that shows at least 29% seller market orders

AND SELL

The target is only to get you at the computer, I have a small screen on the side to let me know a cluster may be approaching.

AFTER A PERIOD

You won't need lines anymore as the DELTA IS KING and will get you in for a low draw down trade.
Myself and ryuryu just use delta only - lines are not really needed.

Good luck with your strategy
Trading thin liquidity at the boundary of the charts
  • #967
  • Edited 1:23am Jun 5, 2022 12:50am | Edited 1:23am
Quoting bluesteele
{quote} Listen if you want to be civil...lets be civil..I can do that.. I am only pointing out that Volume is unnecessary for either short term trading ..scalping or long term swings etc... Many many people make a killing in the markets everyday scalping without volume or delta.... It's all I am saying. I am not saying that volume delta DOM orderdlow is no good or isn't a good way to trade... I've been around long enoght to know better than that .. as I've said before ..I used to trade volume DOM Nasdaq II... I made money daytrading stocks with...
This thread is about using VOLUME in trading! Can you understand it?

We are very happy that you think that you don't need it. We don't care what you think. This thread is about VOLUME trading! It is not about drawing fancy lines for 13 years, it is not about paying mentors to trade naked charts. It is not about magic. It is about VOLUME.

If you have experience with volume, delta, orderbook, recent trades and so on - please, we are listening. If you have nothing to say then you can go back to your fancy lines drawers thread and cheat newbies with all the bullshit your gang post there.

Quoting TimeTells
{quote} Hi ryu, I think you might be looking at the wrong chart maybe. I did a quick double check this morning and the yes price DID rise on my BUY suggestion from the time I mentioned the entry.
I said that your "guesswork" is useless shit. You drew lines and say that there was an entry. There was no entry. There were 15$/min volume. It was IMPOSSIBLE to enter the market.


Quoting TimeTells
Maybe you can post a full page 15 minute chart if you can of the instrument from your own crypto broker platform so I can point the trade out and show you.
That tells me that you don't understand still that timeframe is a non-existent thing and it live only in your imagination. There are no timeframes in trading. There are only market orders flow called volume.

Quoting TimeTells
the reason for the entry (target taken), the TP exit and the reason for the profit
This make no sense. You CAN'T exit your 100k/10k even 1000$ position at this fake point on your fancy line. There were NO liquidity there. I'm tired to explain obvious things that every real trader knows.

Quoting TimeTells
And yes delta & vol are not really needed with my trading style too.
So what are you doing here? No experience with volume = keep silence please. Or you can study volume and then we can discuss the things.
Observer effect
  • #969
  • Edited 3:26am Jun 5, 2022 3:05am | Edited 3:26am
Quoting TimeTells
{quote} Hi ryu Let me try and understand you correctly ryu, because what you wrote sounds a little like well …. silly, And please correct me if I am wrong. What you are saying is not only that .... I CANNOT GET MY TRADE ON .... with your broker (as there is no liquidity) that, even if I was lucky enough to do so that then I ALSO CANNOT CLOSE MY TRADE ... with your broker (as there is no liquidity) This crypto, that you are encouraging folk to migrate their trading to DOES NOT sound to me like a trader’s dream environment DO YOU UNDERSTAND HOW SILLY...
Ok. To determine where to enter I use this:
1. Taking live data from broker API directly
2. Saving it to the database
3. Analyzing it.
4. Choosing coins (filtering) to trade
5. Making proper sizing

You:
1. Drawing line

But yes, I'm silly. Ok. And you are our magician and wizard, because volumes in the past appear magically where you drew the line. Yes, yes, Sure.
Observer effect
  • #972
  • Jun 5, 2022 4:34am Jun 5, 2022 4:34am
Quoting TimeTells
{quote} Crypto Trading, hmmm When someone tells me I can’t enter a trade at the best price ... OR when I want to. And then also tells me I can’t exit a trade at my best Take Profit ... OR when I want to. Then I can see very clearly what kind of game I would be playing in. Buyer Beware. {quote}
Ho to show the world self incompetence but try dump everything, for example, on the "bad" crypto market.

If I say that crypto 5-20x times less risky and at the same time 5-20x more profitable you will start to post another bunch of bullshit? Because on your demo market there is no such a thing like risk? No vol, no risk. How easy. Few lines here hew there and hop profits here profits there.

Please stop that. Too funny already.

I have to ban you guys. I better talk to my dog. She has about the same experience about the market like you all have.
Observer effect
  • #973
  • Jun 5, 2022 11:17am Jun 5, 2022 11:17am
+7.58% today

The day is not really over, but I'm a little bit tired today.
All day long I was coding and the volume was low. Then it start to rise and three amigos immediately jumped into trades.

What you need to trade:

1. Distance. You can call it ATR, ADR or whatever. I just use ema 6 high * 100 / ema6 low. That is distance in %. I trade if it is bigger than 0.35%.
2. Average volume per minute. I prefer to trade if it is >100k$/min. To get it just multiply ask on asset price.
3. Delta.

That is all you need. Stay green!
Observer effect
  • #974
  • Jun 7, 2022 1:17am Jun 7, 2022 1:17am
About the math again. And about common sense.

Let's check BTC.

There are 4 types of markets available:
1. Spot
2. USD Perpetual futures
3. Inverse Perpetual
4. Inverse futures

1. Spot. It is like currency exchange. You can buy or sell your btc. This mode is pretty useless, you can use it to move assets between another types.
2. USD Perpetual futures. When main currency is USD, so you can short or long it but earn or lose in $. Since it is perpetual it has funding rate every 8 hours (like it ends and renew every 8 hours).
3. Same like 2 but main currency is BTC
4. Not "endless" like perpetual. Has no funding rates. Nominated is BTC.

So if trader is smart enough he/she can see BIG FAT opportunity here. If "trader" is fancy line drawer he can of course just draw lines and post trading impossible results.
Observer effect
  • #976
  • Edited 4:29am Jun 7, 2022 4:15am | Edited 4:29am
How we choose what to trade?

I have created dashboard, it shows in real-time all the volume from 50x coins.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB

So if we see that average volume per minute >100000$ for example, we can start trading that asset. Just jump into the trade and take your profits away!

Guys from my discord group have free access to that data of course.

Stay green!


p.s. fixed colors for better reading:
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
Observer effect
  • #979
  • Jun 7, 2022 6:07am Jun 7, 2022 6:07am
Quoting mixedbags
no need dashboard look at the volume, the buy volume is $2.4million at $37.86 {image}
1. Who don't need? I need. You don't? Then get the **** out of here.
2. Volume per price level is most idiotic data you can have. Totally useless piece of shit. But if post if with serious face may be you can get some stupid dumb followers.

Or better go and draw few lines and call them support or resistance, and stop wasting my time here.
Observer effect
  • #980
  • Jun 7, 2022 6:41am Jun 7, 2022 6:41am
2ALL:

I'm tired to repeat again and again. But. This thread is about volume trading.

I don't need your childish opinions and advises how should I trade. I have no time to argue with you that 2+2=4.

Go draw lines, go search for holy grail EA. Go post your historical charts. Go trade demo 200 lots. I don't care. But please stop posting bullshit here. I'm not angry person and my idea was not to use bans but this is not possible with that amount of idiots around.

UPD:

With that dashboard

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB

I have created discord bot, it send what coin should we take a look at:
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB

Not so handy and pretty annoying, so may be I'll create a website with dashboard. So traders can open it and take a look.
Observer effect
3 traders viewing now