Looking for Real Trading Method | Page 18 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

bo7a method... method for GBP/JPY 205 replies

Looking for info on TASC "hysteresis" MA crossing of Bands method. 2 replies

Sure Method = Real Money 44 replies

Looking for Mouteki method EA 1 reply

Attachments: Looking for Real Trading Method
Exit Attachments

Looking for Real Trading Method

  • #341
  • Jun 23, 2014 10:29am Jun 23, 2014 10:29am
Quoting TraderLT
{quote} Ok yeah maybe that was a bit over the top! I don't honestly think brokers teach people how to trade a certain way just so they can run them over en mass. I guess teaching the technical analysis is quick and easy for the brokers and it encourages trading volume. But yeah, I do think that very obvious technical levels are used as targets for running stops. Eg, 3 tests of a support or resistance. I don't know this for a fact, but if I was a market maker, I'd consider these type of vanilla chart levels as a target for a sweep.
I agree - if you put your stop just behind a major S/R you deserve for it to get taken out, just check out sites like forexlive.com and their order board publishes major stop levels. Large market participants are always looking for liquidity and if they are running a position the best place for them to unload and take profit is at a major cluster of stops which they can buy/sell into. I don't believe they know the full size of the stops, but they are pretty informed for it to be more than a stab in the dark!
  • #342
  • Jun 23, 2014 10:32am Jun 23, 2014 10:32am
Quoting Magix
{quote} Where do you people come from? You have an inability and you believe all others are the same? Why bother posting in a thread that is a request for information, and post shit like this? Why not just open a thread with Cindy and 60 seconds and keep telling yourselves that the market cannot be won on a chart...
I'm replying to the thread 'looking for a real trading method'.
What the hell are you doing?
I never said it couldn't be done. Where did I say that?
Your making assumptions.
rgds
  • #343
  • Jun 23, 2014 10:38am Jun 23, 2014 10:38am
Quoting skfx
{quote} I'm replying to the thread 'looking for a real trading method'. What the hell are you doing? I never said it couldn't be done. Where did I say that? Your making assumptions. rgds

Did you bang your head in the last 45 minutes?

Do you have damage to your Hippocampus?

Alzheimer's?

Do you get to hide your own Easter Eggs?

Quoting skfx
Trading an unregulated market just using charts going for the win? You guys must be joking right? rgds
I'd say by your last statement, my assumptions are dead on to what you have previously stated.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #344
  • Jun 23, 2014 10:45am Jun 23, 2014 10:45am
Your assumptions lol
Where did I actually say it couldn't be done?
You could also assume from my statement that going about it this way is like pushing shit up hill.
You can make plenty of assumptions.
rgds
  • #345
  • Edited 11:09am Jun 23, 2014 10:47am | Edited 11:09am
You don't know?
They'll take your money for sure!

OK, OK , on my way BAATTT to mobileee , peeing on my pants excited , can you elaborate , enlight more of what you that just said ?

win some you losse some normal , win > lossee normal . just get some books to be thrown a way if you said so
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1_zpsd8e687b4.png Size: 161 KB
  • #346
  • Jun 23, 2014 11:32am Jun 23, 2014 11:32am
Quoting skfx
Your assumptions lol Where did I actually say it couldn't be done? You could also assume from my statement that going about it this way is like pushing shit up hill. You can make plenty of assumptions. rgds
I am now going to lean on another assumption...

There is no benefit to replying to anything you have to say.

You are a Total Waste of Time!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #347
  • Jun 23, 2014 12:16pm Jun 23, 2014 12:16pm
Quoting Magix
{quote} I am now going to lean on another assumption... There is no benefit to replying to anything you have to say. You are a Total Waste of Time!
Excellent! Because i was starting to question my use of time replying to you.

@ steamer.
I'll get to your question soon, but why have you attached a chart with fibs?
Rgds
  • #348
  • Jun 23, 2014 12:40pm Jun 23, 2014 12:40pm
The more I study the micro structure ,the more I understand why we struggle to negotiate its simplicity.for the best part its like a finely written piece of music.i cant quite fathom out if the algo ,s are producing this structure or they simply take advantage of it, either way its there and very structured and alarmingly precise.this certainly transpires into the macro and imho is why magix and co can successfully trade using TA.

The structure breaks down for a much lesser period of time through fundamentals hitting the wire or plain simple large orders from business transactions,most algo,s don't enjoy this period unless they are controlling the order.this unstructured period creates gaps.again magix and the ta traders utilize this .there shortfall is not seeing the the next large order,skfx and 60 minutes gang can trade these transactions,front run .there short fall being ,incoming orders and a lag in information . one thing is for sure the micro levels structure returns and reads like a the finest piece of music you could wish to hear.but just like the notes preceding a change in the music it leaves little clues before it passes through the gap from micro to macro.

has anybody ever looked at Gonorrhoea through a microscope ,it has a very negative vibe about it yes,but its extraordinary beautiful ,small gold crystal like diamonds colliding with one and other and multiplying ,only the art of making love could produce such beauty !

I believe which ever direction one begins to build there real trading method either way can be successful.

ive found a mix of the two works best for me.
  • #349
  • Jun 23, 2014 12:49pm Jun 23, 2014 12:49pm
Quoting skfx
{quote} Unless you trade size, i don't care where your order is. You want point of origin not assumptions. rgds
I'm trying to understand what you're saying but without giving some examples I don't know if anyone can understand what is it you want to say...so some examples are welcome
  • #350
  • Jun 23, 2014 12:52pm Jun 23, 2014 12:52pm
Quoting diceman555
The more I study the micro structure ,the more I understand why we struggle to negotiate its simplicity.for the best part its like a finely written piece of music.i cant quite fathom out if the algo ,s are producing this structure or they simply take advantage of it, either way its there and very structured and alarmingly precise.this certainly transpires into the macro and imho is why magix and co can successfully trade using TA. The structure breaks down for a much lesser period of time through fundamentals hitting the wire or plain simple large...
well you win trading metaphor of the week anyway, that's for sure!...
tradewith60
  • #351
  • Edited 1:57pm Jun 23, 2014 1:19pm | Edited 1:57pm
Quoting diceman555
The more I study the micro structure ,the more I understand why we struggle to negotiate its simplicity.for the best part its like a finely written piece of music
You have no idea how true that is. I put it to you that the market as we know it is actually not live, Price itself lags at times even more times than others, why is this? I have no idea, my best guess is when the market is still busy filling the previous orders that come in, but the fact of the lag itself is what I care about and it is these situations that a trader must try to find and exploit. But if you look at it from the point of a movie and a script or a piece of written music,then the market just replays the orders that come in almost the exact same sequence and fills them first come first serve, it is only when a new order is bigger than the previous order is a new script made, otherwise the market just goes in the same direction (trend). Most of what a trader may see is not even real but merely small fries getting slapped down. But if you come to that conclusion then you have to ask yourself some other big questions like for example, is a trend real? what causes it, and that's just the beginning. But you are right, the market is more like a script or a written piece of music than most realize and not nearly as random as we were lead to believe.
Being a trader is lonely, but being a great trader is lonelier still
  • #352
  • Jun 23, 2014 1:29pm Jun 23, 2014 1:29pm
Quoting diceman555
The more I study the micro structure ,the more I understand why we struggle to negotiate its simplicity.for the best part its like a finely written piece of music.i cant quite fathom out if the algo ,s are producing this structure or they simply take advantage of it, either way its there and very structured and alarmingly precise.this certainly transpires into the macro and imho is why magix and co can successfully trade using TA. The structure breaks down for a much lesser period of time through fundamentals hitting the wire or plain simple large...
Well said...aside from the gonorrhea part -- LOL. I specialize in market structure, using both FA and TA to help build the picture. Once you get the structure right, you have a working model of banker decision making and likely trading actions. Diceman, keep moving down the path of structure. As it becomes clearer to you, much of the so called randomness of the market will just disappear.
  • #353
  • Jun 23, 2014 1:36pm Jun 23, 2014 1:36pm
Quoting merquise
{quote} I'm trying to understand what you're saying but without giving some examples I don't know if anyone can understand what is it you want to say...so some examples are welcome
Merquise,
If size moves the market, how can one from a raw price chart locate where size does business?
I need numbers do I not?
Numbers are important and show intent or lack thereof.
You don't get numbers trading spot fx.

I'm not in office but will give you an example tomorrow.
Rgds
  • #354
  • Jun 23, 2014 1:42pm Jun 23, 2014 1:42pm
Skfx, are you talking about currency futures trading?

waiting for those examples...
  • #355
  • Jun 23, 2014 2:01pm Jun 23, 2014 2:01pm
Quoting merquise
Skfx, are you talking about currency futures trading? waiting for those examples...
Merquise exactly, if currencies tickle your fancy.
There are other products too.
You must have size to be able to measure trade.
Price charts are good for context and nothing more.

You'll need two things to either reverse prices or continue them on:
1.Accumulation/absorption(props and caps)
2.Block hits above/below accumulation price

If I told you that I was going to position myself in the euro today at some stage through London(I do not say at what price or when), would a price chart show you where I was entering?
rgds
  • #356
  • Jun 23, 2014 2:11pm Jun 23, 2014 2:11pm
Of course not But you know trading future contracts is not the game for those with less than 30.000$ Every future broker that I've seen asked for at least a 25k account...

Btw. I would love to dabble with the options and futures contracts in the future
  • #357
  • Jun 23, 2014 2:21pm Jun 23, 2014 2:21pm
There are futures brokers that will open you an account with 500USD
You can trade the M6E(micro euro) E7 (mini) and 6E.When you trade the mini contracts you will look at the full contract limit book to trade the current auction and monitor flow(that's if your account is small).
I'll see if I can get a video up here soon.This will clarify what I have been saying.

Volume is an edge in itself.
Spot fx does not offer volumes.That should be a big red flag for anyone.
Not only that, spot fx is an interbank market.It is designed for banks to trade amongst themselves.
If you can't see them coming what hope do you have?
Rgds
  • #358
  • Jun 23, 2014 2:28pm Jun 23, 2014 2:28pm
Post it But I don't get it..what is the point then with FX if we all go to trade futures Why let it out of the interbank market then?

BTW> A question... A lot of brokers offer alongside currencies spot Gold and Silver as commodities...what about them are they safer to trade, because I love to trade Gold I hardly trade any other currencies..maybe some EURUSD, GBUSD and EURAUD but only when there's nothing going on with Gold..
  • #359
  • Jun 23, 2014 2:46pm Jun 23, 2014 2:46pm
You'll need volumes merquise.
Passive=maker
Aggressive=taker
Without volumes how can you measure the above in terms of trade?

Spot gold/silver chart, can you see big money? No
Trying to extract money from a chart alone will have you sitting at the bottom %'s.
Trading spot you're trying to solve a complex problem without having the most important piece of information.
We are little, they are big.If you know what you are doing,you can see them coming a mile away.
With your current tools trading spot, you cannot see them.
Rgds
  • #360
  • Jun 23, 2014 3:00pm Jun 23, 2014 3:00pm
Think Swiss bank 1.20 cap.
This happens everyday where huge players prop/cap prices.Youre not going to be able to see them on a chart.
You'll then get smart traders front running these guys as they just sit there getting hit.
We are all fed that chart bullshit from day one.What I can't believe is EVERYONE gets sucked in.Not only that there are some who are in denial.They just won't give it up.Charts have their place in trading, but it's a very small place.
Rgds
0 traders viewing now