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Trading consistently for profits

  • #41
  • Jan 30, 2015 11:32am Jan 30, 2015 11:32am
Quoting stormtrader
{quote} well i started learning from 2005 had my share in losing, winning and giving it back, now i m at the point i keep breaking even but still wont put a plate on the table if no substantial wins are in the schedule
Wow, even 1 year before I did. Guess you did tried almost anything as I did. I had days when I was in front of my screen for 16 hours.
So...trust me when I say that markets are not random and anyone can profit consistently. We almost have the same history...except for the profit factor.
  • #42
  • Jan 30, 2015 11:35am Jan 30, 2015 11:35am
Quoting Dovilo
{quote} And I have opposite view. I see fx market, at least for us, as negative-sum game just because of spread. Every time transaction is made broker takes a little amount of money to himself substracting from entire global market. Theoretical if every transaction would go through broker substracting spread and no new money would enter fx market, in some time there would be no more money on the market.
Indeed the trader is disadvantaged if having spreads, specially large ones. For me, the spreads are quite small and I don't even care about that anymore. Used to when my account was small and spreads were larger, but if one trader knows exactly what he is trading, the risk can be calculated by substracting the spread.
  • #43
  • Jan 30, 2015 11:36am Jan 30, 2015 11:36am
Hi pinktrade,

Funny I believe there is an order in the market myself. I keep seeing market gravitating to certain levels but cant seem to find the mathematical logic for it. I have searched extensively for the way market balances itself with no success yet. When I do find levels tat I am sure of It is possible calculating a third level and fourth level but I am not sure when they will be hit and what logic the market is using to arrive at these levels.

On your first chart, how is the smaller upswing balancing the larger downswing? You must be taking into account something other than length of the two swings correct?
  • #44
  • Jan 30, 2015 11:41am Jan 30, 2015 11:41am
Quoting alexx90
{quote} Hi pinktrade, it is not simple to discover something "new", it takes time, patience and great spirit of discovery. I said something "new" because there are things that nobody will tell directly but there are people that leave crumbs somewhere. Regarding of equilibrium/balance i agree with you, to sell there must be a buyer, to buy there must be a seller, but i don't agree with "what one trader losses, another trader wins", this is not always true, it depends. I agree with you that market is not dependent from time and i tell you why. Market,...
Hello Alex,

People do leave crumbs everywhere but the majority just passes by. I have seen pieces of information that nobody gave a dime about. Indeed is not simple to discover. It is not enough to be the right person in the right place if you are not paying attention and this is what most do when reading a thread and looking desperately for a nice indicator that will be their holy grail. I know because: been there done that but it didn't take too long to understand it's a wrong path and I know you agree with me if you agreed on the equilibrium thingy.
Thanks for posting here.
  • #45
  • Jan 30, 2015 11:49am Jan 30, 2015 11:49am
Quoting wowzers
Hi pinktrade, Funny I believe there is an order in the market myself. I keep seeing market gravitating to certain levels but cant seem to find the mathematical logic for it. I have searched extensively for the way market balances itself with no success yet. When I do find levels tat I am sure of It is possible calculating a third level and fourth level but I am not sure when they will be hit and what logic the market is using to arrive at these levels. On your first chart, how is the smaller upswing balancing the larger downswing? You must be taking into account something other than length of the two swings...
Hi wowzers,

Most of the traders will look at the chart and see some candlebars or lines which represent price. They try to find patterns with those. Some succeeded in trading those patterns (I don't know for how long) others haven't managed even that. None is wrong. I will always say: if something works for you and you are happy with profits, stick to it! If you want something more, than you have to evolve.
A trader cannot expect to see the right things in candlebars. I do not measure the length. I look at the price, which is the core of candlebars.
It was hard at the beginning to grasp on something extremely new that nobody ever mentioned in a book or a thread, but not so hard to believe as I remembered crumbs of it from different sources.

Stick with the thread. Price is indeed gravitating and always manages to make a big fat zero=equilibrium.

P.S. Balancing on my chart image - this is where the multidimensional comes into place and also the equilibrium of the markets.
  • #46
  • Jan 30, 2015 11:54am Jan 30, 2015 11:54am
Randomness or not....
5 majour banks trade roughly 60% of all forex volume...(please google for precise details...)
They use robots ....massive computer power....plus deep deep pockets.(billions)
They can see all orders, stops longs and shorts.
They manipulate short term moves in search of "liquidity pools"...retail stops and orders...
Once those are cleared market moves according to their needs.

Any system that does nort take these into account, will struggle...

To me the key is to learn how to read the hands of the big boys ...like in a poker game, and if successfull (in that reading), ride the wave they create, with their $ might, and the spring provided by retail $.
They are hard to read, but retailer trading (and stops), are easy to spot..
Just pick any time frame...and watch on the chart, how most of the times, before a big move there was a stop run of a level, where retailers sit like lame ducks...
The smaller the time frame the more it happens, cause for the big boys to push and manipulate costs also money...
  • #47
  • Jan 30, 2015 11:58am Jan 30, 2015 11:58am
Hello Pinktrade, your thread is very interesting and I'm curious to see where you'll end up; I just hope it won't get f***d as any other thread in this forum.
You are correct with the concepts exposed till now; market does follow a scheme as everything else in our world and universe and this is for it has a structure.
And because of that it tends to act like a pendulum, as above so below, but this is only the begining.
  • #48
  • Jan 30, 2015 12:08pm Jan 30, 2015 12:08pm
Hello guys!

I think we all are able to make consistent profits ,its very simple .But ,the biggest stop or problem is spread .If we have 0 spread we always could be in profit taking all the market moves .
  • #49
  • Jan 30, 2015 12:15pm Jan 30, 2015 12:15pm
Quoting cuchuflito
Randomness or not.... 5 majour banks trade roughly 60% of all forex volume...(please google for precise details...) They use robots ....massive computer power....plus deep deep pockets.(billions) They can see all orders, stops longs and shorts. They manipulate short term moves in search of "liquidity pools"...retail stops and orders... Once those are cleared market moves according to their needs. Any system that does nort take these into account, will struggle... To me the key is to learn how to read the hands of the big boys ...like in...
Banks or big players sometimes do as they wish or maybe their actions are naturally followed by the market. Earth revolves around the Sun and not the other way around. Think about that (see the black Thursday).
Massive computers trading I believe is called high frequency trading and I think it does not happen as a couple of years back. Even with HFT, profitable trading can be achieved as HFT only aims for pipettes.
So you are trading naked with just PA? Good. Better than putting a lot of indicators on your charts.
  • #50
  • Jan 30, 2015 12:18pm Jan 30, 2015 12:18pm
Quoting volforex
Hello guys! I think we all are able to make consistent profits ,its very simple .But ,the biggest stop or problem is spread .If we have 0 spread we always could be in profit taking all the market moves .
Trade with 0 spread, commission based.
If you think spreads are your problem for not achieving profits than you are wrong. What would you do? make hundreds of trades per day for 0.1 pips? That could be a way See above High Frequency Trading.

Volforex, spreads are not your problem, believe me. This thread is about real life, trading and people that really need to make profits by trading. No offense.

P.S. As a solution, find a low spread broker, and every time you initiate a trade do not think of the spread and consider it 0.
  • #51
  • Jan 30, 2015 12:25pm Jan 30, 2015 12:25pm
Ok, so I understand now that is very time and energy consuming to keep a thread. Probably this is why is my first and will be the last

I will continue tomorrow, also with some charts and some of the answers for the questions I got in my mailbox tonight.

Have a nice TF wherever you are
  • #52
  • Jan 30, 2015 12:30pm Jan 30, 2015 12:30pm
Quoting pinktrade
If a trader understands the equilibrium of a market, how is it achieved and determined, it almost immediately knows how to benefit from it. The image below will show you (a random picked example) of what equilibrium is in the market. This balanced moves are on the charts at all times. And for those that will eventually come to understand this, will be very clear how the markets are not random and can be traded very profitable. {image}
Hi, why do you think that the two moves are in equilibrium/are equal in this plot?
k
  • #53
  • Jan 30, 2015 12:46pm Jan 30, 2015 12:46pm
Quoting kprsa
{quote} Hi, why do you think that the two moves are in equilibrium/are equal in this plot? k
Good question . I also don't see it.
  • #54
  • Jan 30, 2015 12:49pm Jan 30, 2015 12:49pm
Quoting Petr.K
{quote} Good question . I also don't see it.
Maybe that previous Top and Bottom are equal / same like your red line .
  • #55
  • Jan 30, 2015 12:57pm Jan 30, 2015 12:57pm
Quoting volforex
Hello guys! I think we all are able to make consistent profits ,its very simple .But ,the biggest stop or problem is spread .If we have 0 spread we always could be in profit taking all the market moves .
The biggest problém is spread ? without spread we will be all in profit with every market move ? Trading is simple ? Really do you mean it serious ?
  • #56
  • Jan 30, 2015 1:33pm Jan 30, 2015 1:33pm
Quoting Petr.K
{quote} Maybe that previous Top and Bottom are equal / same like your red line .
Exactly. The way he word's it "red line move is in equilibrium to the yellow line move" doesn't make sense seeing the yellow line came AFTER the red line. It should be the other way around; "yellow line is....." Everything points to the incorrect placement of the yellow line (it should be from previous low to high). But I'm sure it can't be that simple. Please enlighten us Pinktrade.

Anyway, we shouldn't get hung up on this. I'm pleased to see a new thread with great potential. I will be following eagerly (at least to see how it develops in the hope of learning a thing or three!)
  • #57
  • Jan 30, 2015 2:13pm Jan 30, 2015 2:13pm
Quoting kprsa
{quote} Hi, why do you think that the two moves are in equilibrium/are equal in this plot? k
They both have the same WIDTH not same length.
No guts, no glory
  • #58
  • Jan 30, 2015 2:37pm Jan 30, 2015 2:37pm
Quoting abokwaik
{quote} They both have the same WIDTH not same length.
How do u mean it ´´ Same Width ?
  • #59
  • Jan 30, 2015 2:40pm Jan 30, 2015 2:40pm
Pink, Hi, I hope I can ask this question without sounding disrespectful: so what is your zero sum? Why are you investing your time and energy here informing people... for what purpose? What do you get back? Maybe you feel it your moral duty to give back? Fun to share? exciting to teach? Satisfaction to dispel myths? what? thx.
  • #60
  • Jan 30, 2015 2:55pm Jan 30, 2015 2:55pm
Quoting Petr.K
{quote} How do u mean it ´´ Same Width ?
Width=number of bars.Length=number of pips.
No guts, no glory
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