Bionic Chart - The easiest forex navigation

Currency exchange extreme

Hello dear traders,

in today's article we will deal with currency exchange transactions, which often fool us traders into a false truth. Although a big player shoots massive market buy orders into the market, the price immediately falls sharply afterwards and we wonder how this can happen. I will also show you why the biggest big players in the world would never trade in the futures market and what to look out for when identifying a currency exchange transaction. In addition, I will show you why a footprint chart does not help us in retail. With over $8 trillion in daily turnover, the Forex market is the largest in the world. Compared to the global stock markets, the forex market is 20 times bigger.



I wish you continued success in trading.

Best regards, Michael

Invisible Stop Loss



Hello dear traders,

which of us hasn't it happened to? We are stopped out and right after that the price turns in our traded direction. Is it all right here or are we just a plaything for the broker. Everyone has certainly asked themselves this question and today we will deal with it exactly. What options do we have to protect ourselves from being stopfished by a broker and what measures should we take in relation to this?

Inserted Video

In addition, we are talking about an interesting trading tool that supports us very flexibly in trading and that you can download here. This tool is interesting because you can use it to hide your stop loss from the broker in the future. You can find all further information and the indicator on my German channel.

https://www.forexfactory.com/thread/...4#post14211364

If you are not yet registered with Forex Factory, watch this video first

Inserted Video

I keep my fingers crossed that you will soon be able to work with an invisible stop loss and wish you continued success in trading.

Best regards, Michael

Thank you, Michael for the excellent thread and intro to your bionic trading concept. I have watched most of your videos and find them very informative. Also been trying to work with the Bionic indicators - but looks like it will take some time before I can do well with it.

Can you please let me know what you mean by "Personally, I use the stock market data as a kind of mood barometer"? Do you mean Order Flow or Footprint from futures market or stock market index or maybe something to indicate market volatility. This part is a bit ambiguous.

Other question is how you handle high Volatility periods (when even EURUSD goes crazy) - since bionic candles do well during normal periods, do you stay out of trading such periods or do you have any suggestion on this.

Regard, Kraan

Function of the algorithms



Hallo Kraan,

First of all, it is perfectly normal for the Bionics candle to take some time to get to grips with. I use the future data from the Euro FX6E to read out the algorithms of the big players. I made a video that I linked for you at the end. In a phase of high volatility, it depends on the respective situation. With the help of the bionic candle, I first determine the key candles and identify the key zones from them. As soon as the price moves into these key zones, the reactions from the algorithms are decisive for me. If I get clear signals there, it is also possible to enter the market in a phase of high volatility. But as I said, it always depends on the situation.

In this video you can see at how a retail trader is able to use the algorithms to read the individual processes of the big players. There are a few prerequisites for this, which I will go into in detail today. Of course, you need the right technique for this, which I have talked about again and again in my numerous videos. Algorithms are increasingly dominating the market and helping the big players to achieve their goals faster and more effectively. For this reason it is important to deal with it carefully. Every day, several million traders are looking for different patterns that signal clear entries and exits. However, the loss rate of 88% speaks for itself.




I wish you continued success in trading.

Best regards, Michael

Holy Grail in Trading

Hello dear traders,

The Holy Grail has been mankind's most sought-after cult object for over 2000 years. According to legend, it is a vessel from which Jesus Christ is said to have drunk at the Last Supper. This vessel promises power, salvation and eternal life. The holy grail of the stock market promises profits in the millions without risk. In today's post, we're going to simulate a holy grail on the stock market and see what happens then. The result is more than surprising.




I wish you continued success in trading.

Best regards, Michael

RIP Futures at the end

Hello dear traders,

In February 2022, Bafin issued a press release on the future protection of private customers in the futures sector. In today's video we will look at why the futures are now being attacked and whether the futures still have a chance in Germany in the future. Of course, we will also talk about alternatives. First of all, many self-proclaimed trading coaches have a large part in the Barfin interventions, why this is the case, we will also look at this video. If we look at the restriction of CFDs from 2018 and the trader tax 2020, one could get the feeling that the government is targeting the traders. But that has more to do with the issue of investors than with us traders.



I wish you continued success in trading.

Best regards, Michael

Beware of these trading coaches

Hello dear traders,

In the last few weeks, I have received many inquiries about my opinion on certain trading coaches. Unfortunately, there is still no independent comparison test in this market to find the best trainer. That's exactly why I want to give you some tips that can potentially save you a lot of money in the future. I can only give you these tips because I am not a trading coach myself. Since I have worked successfully as a trainer in the field of financial intermediaries for more than 20 years in the past, I have the appropriate experience of what is important in coaching. First of all, I was very surprised at the disproportionately high costs that most trading coaches are calling for.



I wish you continued success in trading.

Best regards, Michael

Most effective candle on the market

Hello dear traders,

Candlestick formations used to be a reliable indicator in trading, but with the advent of trading algorithms, these patterns have become increasingly ambiguous. This resulted in a new type of candle that follows this algorithmic approach of institutional traders. In today's post we will talk about these candlestick algorithms and their advantages. The big players work with algorithms that make it easier for them to control individual market and limit orders. These algorithms are very difficult to program because they have to ensure communication between the individual order types. There are algorithms that scan the market for certain anomalies, e.g. hidden stops, and there are algorithms that trigger specific trading strategies. In the event of a breakout, market orders are fired into the market and at the same time the limit orders that would be holding up your own market orders are withdrawn. In order not to have to program new algorithms every day, the internal processes remain within the algorithms. For this, the big players create invisible price zones in the market, which are simply shifted depending on the situation. This means that the algorithms can only be moved to a different price level and continue to follow their programming. For this purpose, an algorithm candlestick was developed, which makes it easier to identify the invisible price zones of the big players and to determine possible trend reversals with a higher probability.



I wish you continued success in trading.

Best regards, Michael

Calculate turnaround beforehand

Hello dear traders,

In the last post we learned about the benefits of the Bionic Candle and how to identify invisible price zones. Today we talk about some backgrounds that are crucial to generate future market advantages from it. In a normal candle chart, we cannot see the current strength within the candle. We will take a closer look at why this works with the Bionic candle. In addition, we will identify other key zones on the chart and see how the price reacts to them.



I wish you continued success in trading.

Best regards, Michael

Trading is clear fraud

Hello dear traders,

there are always voices claiming that trading is mostly cheating as most traders lose. To what extent these statements are correct, we will use data and facts to check in today's article. Very interesting things come to light, which even I would not have expected beforehand.



I wish you continued success in trading.

Best regards, Michael

The silence of the big players

Hello dear traders,

Many trading coaches talk about the big players but have no idea how they actually work behind the scenes. On the Internet we find millions of posts from retail traders but unfortunately no information from the big players. What is the reason for this, because in principle the big players receive a lot of information from us, while the big players remain silent. Is this deliberately controlled or is there a clear reason why we retailers get so little information about the big players? In this article, we will deal with these factors in detail and in the end we will understand exactly what is happening.



I wish you continued success in trading

Greetings Michael

Margin Call

Hello dear traders,

his article is about leverage and margin and what exactly you must do, to avoid a future margin call. We deal with the question to what extent high leverage is dangerous and what advantages and disadvantages result from margin trading. Is a lever a loan and why can you achieve such a supposedly high return with it? Overall, we're going to get some results that many of you wouldn't have expected.




I wish you continued success in trading

Greetings Michael

Forex vs Future

Hello dear traders,

now that futures have also slipped into BaFin's focus, we will have to reckon with significant regulations in this area in the coming months. For this reason, today we will compare the already regulated forex market with the future regulated futures market. In recent years, trading coaches have sprung up like mushrooms, literally ripping off their clients with their unnecessary volume of trading. In addition, they have dubbed the futures markets as the only true markets because the exchanges are said to be fair and honest with their customers. The Forex market, including brokers, has been presented as a scam market that brings massive disadvantages to a trader.




I wish you continued success in trading

Greetings Michael

Big Player Ping Pong Strategy

Hello dear traders,

in today's video, we're going to look at a new strategy used by the big players that has been tested over and over for the past few months. In this way, the big players increase their efficiency in trading on the one hand and reduce their risk at the same time. In one of my last videos: How big players achieve returns, and currency exchange extremely, we have already dealt with different strategies of the big players, which increasingly violate the requirements of the stock exchange supervisory authorities. The supervisory authorities have no chance in the foreseeable future, because how they want to check container loads full of paper, with the respective transactions.



I wish you continued success in trading

Greetings Michael

Protection from a black swan

Hello dear traders,

in today's post we will talk about how we can protect ourselves from possible losses in the event of a black swan. Unexpected and improbable events with a significant impact are referred to in economics as black swans. There have been massive price losses on the stock exchange in recent years, which have driven many traders to ruin. Of course, such black swan events cannot be predicted and that is exactly why it is important to achieve the highest possible level of security in order to be optimally protected in the worst case. There are a few ways to do that, which we'll cover in this video.



I wish you continued success in trading

Greetings Michael

Hello, i've re-started to read your thread from beginning,so, first, thank you for all that work, 4years ago i've read the first few pages and i can see all the efforts you put and the great progress. Your journey quite inspires me because i'm also working in bank and you've started your thread after 9yo of trading after have tried all indicators/strategies existing, that's exactly the point where i am too now ahah

I've finished to read the 2 threads, i've learnt to use basics of ATAS, how works Open Interests, etc.
but i'm still far to be able to trade correctly with your strategy.

Could you help me with my interrogations ?

1) Most important, i'm not sure to draw correctly the key candles (especially when it's not a breakout). So is there an example :
on m15, i've started seeing this, i've simply took the breakout candle, then i took the first clear candle of retracement to draw the blue upper zone.


Then i've taken the candle of the first durable low breakout. And then, i've taken the first clear big candle going up at the new support zone.(RS group
indicator lines are going in opposites ways and usindex is ok too)
Am i completely wrong or i get it ?



2) Now, i see a possible trade because the candle bounces on the zone traced in m15, and nice blue candle on m1

So now, i look other confirmations and way to pin point my entry.

m5 and m15 limit delta, i don't see an amazing pattern but still see 4-5 consecutives red boxes on top of m15 last candle.
And on m5, 2 times topping at same zone. But really not sure it's enough informations :/

On second chart we see the move is beginning around 59'00" / 59'10"
and we see 10 down ticks consecutive on T&S list

So question, have we a first possible entry here ? is it not too soon ? (let's see 8ticks chart, around first red line)



later I see this on cumulative trades (still replay mode, perhaps not super accurate data, seems different from history :/)
the first "-5" at minute 59'49" appears, good sign too but we see on 1 second chart it didn't break last low, is it a problem ?
Shy move on T&S, only 4-5 ticks red




at 00'16" we're still clearly going down cuz we are around -10/-11 ticks consecutive, but we see a lot of
buy appear, BUT didn't move the price at all and on tick char (see above in the post) we break another significant low,



So... i'm quite lost ahah, could help me to see more clearly about all this ?

Furthermore, where would you put your SL according to these trades ?
I've seen all your trades examples, but i've still doubts when i look myself.


subsidiaries questions :

3) "Open Interests" stays at 0 on my T&S, do you have an idea why ? i'm on demo at this time on ATAS (but with CTS feed, CQC demo feed was bugged,
ATAS gave me another one)

I've downloaded a spoof DOM template from ATAS, but of course which is not as nice as yours and less practical visually :/
So i don't use it at this time.

PS : if it's too messy i'll can remove this post of course, you can answer to me by PM if you prefer

Thanks for your time Bionic,

and good evening/night to all fellow traders here.

Cheers from Belgium

Algorithms

Hello Thaomasz1,

first of all thank you for your kind compliment, I feel very honored. You have already hit some key zones well, but I recommend that you watch my videos again. First of all, the zones I draw with the Bionic Candle are just an option. As soon as the price enters my marked zone, I look at my identified algorithms of the big players. For this I primarily use the Dom and the T&S list. However, I extract special data from it with individual filters, which give me a deeper insight into the market. The normal Dom or T&S does not reveal this information. Since the cause of the price movement lies exclusively in the market orders that run into the limit orders, the result is the price, the volume and the footprint charts. Mathematically speaking, all this information is based solely on coincidences, so it is not possible to make a profitable derivation from it. That means a trader has to get to the root cause and with special filters this is also possible to a limited extent in order to identify the algorithms of the big players. By the way, there is no open interest in EuroUS Dollars via the CME as the data is not shared. You can find OI in the Russian market, but the data there is not complete. Basically, I can say that you are on the right track, but it will be many years before you can penetrate deeper into the eye of the tornado. As in all areas of life, this is a process that unfortunately happens very slowly. You just have to keep at it and try to look deeper and deeper into the market.

I keep my fingers crossed for you and wish you continued success.

Kind regards, Michael

What brings volume trading

Hello dear traders,

in the last twelve years, volume trading has been pushed by many trading coaches because it was a very lucrative source of income for them. In today's post, we're going to take a close look at how volume trading increases our probability of winning. Can you actually determine most of the reversal points with volume trading in advance and is it worth booking the expensive volume seminars of the trading coaches? In this respect, today is a very interesting topic that I think will open the eyes of many traders. However, as with all free information, in the end each participant will have to decide for themselves how to use this information for themselves.




I wish you continued success in trading

Greetings Michael

Are Futures easier to trade

Hello dear traders,

As we know, there is significantly less information in the forex market than in the futures or stock markets. In addition to the well-known footprint charts, there is volume information, iceberg trackers, pulling and stacking as well as the DOM and the time and sales list. According to the trading coaches, this is unbeatable information that allows you to see exactly where the big players stand and thus bring incredible returns to every retailer. Provided that they book an inexpensive trading seminar with you for €10,000. In today's article we analyze to what extent this large amount of information from the futures market actually helps us and whether we can achieve higher profit rates than in the forex market.



I wish you continued success in trading

Greetings Michael

Brakes are for losers

Hello dear traders,

today's post is about the most important topic that affects both beginners and advanced traders. Of course, this not only applies to trading, but also to many situations in our lives. Everyone knows that moment when you think about giving up. The thought is seductive because it's easier to give up than to keep pursuing your goal. The decisive factor is that people with particularly high ambitions always have to accept setbacks, and this is exactly where the wheat separates from the chaff. There have always been people who have already achieved the impossible. Whether they built a global corporation out of a garage, conquered an illness, or achieved something nobody believed in.



I wish you continued success in trading

Greetings Michael