Disliked{quote} that is in fact correct my friend , we will never have true access to the volume of forex nor is any order book useful for forex as it’s a otc market and trillions daily turnover for eurusd alone . However , doesn’t mean we can’t use the information, it’s rather useful to get an idea of where liquidity sweeps happen. Also I’ve seen this for 5 years and i don’t care what anybody says as trading is personal anyway but forex retail traders are ALWAYS on the opposite side of the trade when it comes to trending markets . Longs are always up when...Ignored
1. Retail traders use mediocre tools to trade like technical analysis or PA for example. First is slow and second is not objective. Take chikos approach for example with SR trading. Why do you think he can’t provide real proof? Because it’s subjective and sometimes it wins but long term returns are mediocre or non existing.
2. lack of knowledge.
I believe that if anyone want to compete in this world then first you need to use tools that real players use. By tools also knowledge on their level. Can’t compete with feelings, believing in god, fake results, selling dreams and all that.
How to succeed in zero sum game?