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Price is everything

  • #30,161
  • Apr 8, 2015 3:52pm Apr 8, 2015 3:52pm
I feel the need to step in here.

Volume is true in Currency (forex) futures, but in spot forex, that most people here trade it is not the case.

Spot forex is NOT a centralised market! Therefore the volume you see on your platform is your broker volume not the whole market volume.

With equities and futures you can see the whole market volume , giving you a true picture.

So are we saying that we need to have a volume indicator to indicate institutional involvement or did Red get it wrong for all those years.

In closing, stop trying to reinvent the wheel...AGAIN AND AGAIN!

W
I need to finish something i started
  • #30,162
  • Apr 8, 2015 6:36pm Apr 8, 2015 6:36pm
Quoting jakucha
{image}
Riding the order flow
  • #30,163
  • Apr 8, 2015 7:56pm Apr 8, 2015 7:56pm
Quoting bigwal
I feel the need to step in here. Volume is true in Currency (forex) futures, but in spot forex, that most people here trade it is not the case. Spot forex is NOT a centralised market! Therefore the volume you see on your platform is your broker volume not the whole market volume. With equities and futures you can see the whole market volume , giving you a true picture. So are we saying that we need to have a volume indicator to indicate institutional involvement or did Red get it wrong for all those years. In closing, stop trying to reinvent the...




BIG AMEN

we read order flow with PA. I see it with fluctuations in a candle body forming. Or engulfing bars. Outside of that volume in spot is indeed your broker. I dare say the top ten players don't use your broker. They use mine :nerd:

Attached Image
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #30,164
  • Apr 9, 2015 2:15am Apr 9, 2015 2:15am
Quoting bigwal
I feel the need to step in here. Volume is true in Currency (forex) futures, but in spot forex, that most people here trade it is not the case. Spot forex is NOT a centralised market! Therefore the volume you see on your platform is your broker volume not the whole market volume. With equities and futures you can see the whole market volume , giving you a true picture. So are we saying that we need to have a volume indicator to indicate institutional involvement or did Red get it wrong for all those years. In closing, stop trying to reinvent the...
in VSA forex volume is called Activity Volume. and it reflect real volume on futures market very good,
compare it and you will see.
  • #30,165
  • Apr 9, 2015 2:46am Apr 9, 2015 2:46am
Quoting Rufus
{quote} BIG AMEN we read order flow with PA. I see it with fluctuations in a candle body forming. Or engulfing bars. Outside of that volume in spot is indeed your broker. I dare say the top ten players don't use your broker. They use mine :nerd: {image}
I wish there was another term to use here.

Take a look at the chart below.

THIS is (one way) a trader trades Order Flow. True Order Flow traders look at Total VOLUME, Bid Volume, Ask Volume, Aggressive Buyers vs Aggressive sellers, and Delta to name a few. Some Order Flow traders only look at DOMs.

Don't get me wrong. There are some great traders on this thread. I just think the term Order Flow is a misnomer if a trader looks at price with no regards to what is underlying price.
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Without VSA, you're playing checkers while the Smart Money plays chess.
  • #30,166
  • Apr 9, 2015 3:21am Apr 9, 2015 3:21am
Quoting jakucha
.
Yet another who fills pages with closed win trades.

I like what you said in the previous page.

But if you want to show something do it with real time charts, live or demo. No closed trades or trades already near profit target, those are worthless.
If you like to post trades do it right after the entry like redsword and very few other did.

Those who post winning trades (or hair analysis like you said) after the fact means they don't even trust their own method themselves, or worse have something to hide.


Next thing I don't understand is how you and many others draw supply and demand zones and where to put the proximal line, looks more like you pick tops and bottom or swing high/low rather than supply and demand as its classic definition.
  • #30,167
  • Apr 9, 2015 3:32am Apr 9, 2015 3:32am
Quoting HiddenGap
{quote} I wish there was another term to use here. Take a look at the chart below. THIS is (one way) a trader trades Order Flow. True Order Flow traders look at Total VOLUME, Bid Volume, Ask Volume, Aggressive Buyers vs Aggressive sellers, and Delta to name a few. Some Order Flow traders only look at DOMs. Don't get me wrong. There are some great traders on this thread. I just think the term Order Flow is a misnomer if a trader looks at price with no regards to what is underlying price. {image}
That means when it comes to currency trading you only trade futures?
  • #30,168
  • Apr 9, 2015 3:33am Apr 9, 2015 3:33am
Quoting jakucha
I could show you an Forex MT4 chart with volume, the right kind of stuff, and how it works with SD, and you would fall off your chair. But let's not turn this into a pro/anti volume discussion. Some people can barely read a candle here and I am not sure it will help them much. Also, for the same reason, would be good if people who are not experts on volume did not talk about volume. Charts, please.
Open a new thread and show us
  • #30,169
  • Apr 9, 2015 4:14am Apr 9, 2015 4:14am
Quoting jakucha
How about you go eff yourself and put me on your ignore list if you're not happy. The reason I do not post my entries is because I am not a signal provider and I know this place too well to take the risk of seeing other traders losing money because they follow blindly some trades they see here. However, the simplicity of the charts posted will help, I believe, way more than anything you have ever posted yourself. I do not draw the SD zones. and there is no classic way. I can draw them manually, most of the time I trade naked, but the charts I post...
I didn't intend to hurt your feelings my friend, but this is bullshit.

No one will copy your trades don't worry, not me...for sure, find another excuse.

Can you guess why you never see someone posting losses after the fact? Seems majority here have 100% win trades...after the fact...of course. LMAO
  • #30,170
  • Apr 9, 2015 5:08am Apr 9, 2015 5:08am
Quoting jakucha
No worries. I have nothing to prove, and most of all, no time to lose. It didn't take long before some mediocre random FF member discourage me from helping others. It's ok, I remember now why I left in the first place. Oh man, if only you knew. If only you knew... I am the one laughing my ass off. Take care all. And good luck JM dealing with this shitload of crap.
Exactly the same excuse that every aspiring guru say....letter by letter it's incredible.

I'm laughin my ass off too my friend.

Go back and read what redsword said about those wannabe gurus who talk talk talk and show nothing. He talk and show....you talk and then run away because "no time to lose"...another mediocre random FF joke.
  • #30,171
  • Apr 11, 2015 10:43am Apr 11, 2015 10:43am
It doesn't take much to kill a thread. I personally know a number of profitable traders who have unsubscribed , all to the loss of the quality of learning here. I don't blame them, I too have had unsubscribing as a serious consideration. Which is kinda hard for me, I remember Red's first post, and followed along for thousands more.

There is no "cookie cutter pattern" for how all traders should trade. The sooner people realize this the more profitable they will be. Post a chart on entry of a position or don't post a chart, seems to be a place of contention. I don't recall Red ever saying only live charts. As for me with close to 3000 posts I don't think I have ever posted a chart on entry, I have my own psychological reasons for it.

One of the things I am trying to say is that when it comes to threads and forums in general a trader needs to do what is best for the themselves not what everyone else thinks is best for the thread.

I also think that for the most part traders are ignoring the psychological aspect of trading. I am sure there are others who do not like posting live charts for various reasons. If you ignore the psychological side of things there will be little profit. Might as well play roulette, there would be better odds.

Red always pushed two things in general. 1. Traders helping traders.... 2. Charts not chats.

Red is not posting anymore so the daily supply of never ending charts have ended. In my opinion some chat may be helpful in understanding what is going on here.

All in the name of traders helping traders.

If I may quote Galatians

But if ye bite and devour one another, take heed that ye be not consumed one of another.


For now I am still subscribed.

Rufus
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #30,172
  • Apr 11, 2015 12:12pm Apr 11, 2015 12:12pm
Quoting Rufus
It doesn't take much to kill a thread. I personally know a number of profitable traders who have unsubscribed , all to the loss of the quality of learning here. I don't blame them, I too have had unsubscribing as a serious consideration. Which is kinda hard for me, I remember Red's first post, and followed along for thousands more. There is no "cookie cutter pattern" for how all traders should trade. The sooner people realize this the more profitable they will be. Post a chart on entry of a position or don't post a chart, seems to be a place of...
God bless you Red
  • #30,173
  • Apr 11, 2015 12:25pm Apr 11, 2015 12:25pm
Same thing happened to the median line thread here.

The ones that are still around just don't post nearly as much as they used to. Sometimes I wonder if they blew their accounts.

Annoying members can be blocked, so for someone to just stop posting doesn't make sense.
  • #30,174
  • Apr 12, 2015 1:31am Apr 12, 2015 1:31am
Quoting Rufus
It doesn't take much to kill a thread. I personally know a number of profitable traders who have unsubscribed , all to the loss of the quality of learning here. I don't blame them, I too have had unsubscribing as a serious consideration. Which is kinda hard for me, I remember Red's first post, and followed along for thousands more. There is no "cookie cutter pattern" for how all traders should trade. The sooner people realize this the more profitable they will be. Post a chart on entry of a position or don't post a chart, seems to be a place of...
excellent post. This thread has had a lot of history, which cannot be separated from its presence. The main importNt thing that I think Red emphasized also is unity. Cutting while blunt. Unity and taking out money from the markets with both precision and pain. Pain because we must rip the money from the hands of the market controllers and somehow make the world a better place by it. Traders helping traders does not allow for bickering complaining name calling or back biting. Traders helping traders is not always money or income generated. Sometimes it is coming along side someone and helping them in their weaknesses that is preventing them from being the best trader they can be. Sometimes we bed to come along side one another and help each other psychologically to win and gain control of the markets and ourselves. red has done this for me by providing his knowledge here and motivating and inspiring other traders to help one another. Let's cut the crap and continue in the spirit of Red. To fight and never be broken. To conquer even if we fall at times. To fight even if it means losing part of ourselves, because it is for the greater good, and for His kingdom and His will be done.
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #30,175
  • Apr 12, 2015 6:18am Apr 12, 2015 6:18am
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God bless you Red
  • #30,176
  • Apr 12, 2015 6:21am Apr 12, 2015 6:21am
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God bless you Red
  • #30,177
  • Apr 12, 2015 6:24am Apr 12, 2015 6:24am
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God bless you Red
  • #30,178
  • Apr 12, 2015 9:07am Apr 12, 2015 9:07am
Quoting eaglestar
{quote} excellent post. This thread has had a lot of history, which cannot be separated from its presence. The main importNt thing that I think Red emphasized also is unity. Cutting while blunt. Unity and taking out money from the markets with both precision and pain. Pain because we must rip the money from the hands of the market controllers and somehow make the world a better place by it. Traders helping traders does not allow for bickering complaining name calling or back biting. Traders helping traders is not always money or income generated....
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #30,179
  • Apr 12, 2015 6:35pm Apr 12, 2015 6:35pm
Quoting magician11
{image}
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  • #30,180
  • Apr 12, 2015 6:45pm Apr 12, 2015 6:45pm
Quoting magician11
{image}
Emini S&P 500

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