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Against The Crowd - Profitable sentiment trading

  • #21
  • Edited 1:14pm May 5, 2016 1:01pm | Edited 1:14pm
In fact 2+2=4 , everybody know that, but you have discovered that 1+2+1-2+1+1=4 .

So what is the logic in this thread?


Quoting Apiga
{image}The trading against the crowd strategy is almost the same as following a market-maker.
And the market - maker is the one who move the price. The Big Bad Boy. So how can you become aware of his presence? By looking at supply and demand levels. So what are you telling here?

Duh, another trader who think he discovered the wheel.

Don't take it offensive, but read again what you wrote . You say that trading against the crowd is trading with the trend. What ta' ???


Quoting Apiga
{image}Therefore, by opening a position against the crowd, you open it in the direction of trend.
Beloved, everybody know that Trend is your friend. What are you telling us new bro ' ?
Money moves the market, not an indicator.
  • #22
  • May 5, 2016 1:05pm May 5, 2016 1:05pm
Quoting andoseg2
In fact 2+2=4 , everybody know that, but you have discovered that 1+2+1-2+1+1=4 . So what is the logic in this thread?
To get people to his website....?
  • #23
  • May 5, 2016 1:25pm May 5, 2016 1:25pm
Quoting mrhigurashi
{quote} To get people to his website....?
I don't know, but again I am here from a redirection of FxFactory Facebook .. FxFactory posted a link on Facebook like usual. Mabe I should ignore future FxFactory "Hot stories" and "Hot threads". It seem the mann behind Forex Factory Facebook account is an unexperienced trader/investor. (facepalm)
Money moves the market, not an indicator.
  • #24
  • May 5, 2016 1:55pm May 5, 2016 1:55pm
trading counter trend is the same what you are trying to say here
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #25
  • May 5, 2016 2:51pm May 5, 2016 2:51pm
So much offence for the attempt to share!
Attached Image
You react the same at all new threads, or mine is special?

Quoting andoseg2
You say that trading against the crowd is trading with the trend. What ta' ??? {quote} Beloved, everybody know that Trend is your friend. What are you telling us new bro ' ?
Quoting Samer1970
trading counter trend is the same what you are trying to say here
May i ask you, if you have read first post carefully?
I said, that if you will trade in opposite direction to the crowd, you will trade with the trend.
Look at the following image:
Attached Image (click to enlarge)
Click to Enlarge Name: forex-factory-ratios-uptrend.png Size: 22 KB

I think it's really clear. Maybe my English is not perfect and you just misunderstood me?


Quoting mrhigurashi
{quote} To get people to his website....?
Emm... what website? Give a link pls.

Quoting andoseg2
Oh, cmon, stop posting noobs thread. Did you read first before post on Facebook?
Did you create something useful, or are you a well know profitable trader? Who gave you the right to determine what is noob and what is pro? Who knows, maybe your skills are outdated and it has zero value. Before answer, prove the contrary.

I shall not answer other arraignment, trying to remain polite. But if someone do not accept my strategy, he can just press "x" button at the top of the browser.
By the way, this is what i was talking about in first post in paragraph before FAQ.
  • #26
  • May 5, 2016 3:01pm May 5, 2016 3:01pm
Quoting Apiga
So much offence for the attempt to share! {image}You react the same at all new threads, or mine is special? {quote} {quote} May i ask you, if you have read first post carefully? I said, that if you will trade in opposite direction to the crowd, you will trade with the trend. Look at the following image: {image} I think it's really clear. Maybe my English is not perfect and you just misunderstood me? {quote} Emm... what website? Give a link pls. {quote} Did you create something useful, or are you a well know profitable trader? Who gave...

well said apiga...... You were very clear in you starting posts..... Hope you will continue the thread .
You have to expect trolls and fuckheads that cant read or maybe they can read but cannot comprehend.
Your insights are appreciated
Live today like theres no tomorrow-- Prioritize like you will die today
  • #27
  • May 5, 2016 3:04pm May 5, 2016 3:04pm
Lets continue please.
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  • #28
  • May 5, 2016 3:59pm May 5, 2016 3:59pm
Quoting iamsovereign
{quote} well said apiga...... You were very clear in you starting posts..... Hope you will continue the thread . You have to expect trolls and fuckheads that cant read or maybe they can read but cannot comprehend. Your insights are appreciated
Agreed !

Those who not know speak, Those who know do not speak.
Apiga, you wrote a very nice to read and comprehensive (but well) explained strategy here. Looking forward to a positive thread. No EA's please tired of it. They should have been called Greedy Advisors...
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"The needs of the many outweigh the needs of the few" - Spock
  • #29
  • May 5, 2016 4:36pm May 5, 2016 4:36pm
Quoting Apiga
So much offence for the attempt to share! {image}You react the same at all new threads, or mine is special? {quote} {quote} May i ask you, if you have read first post carefully? I said, that if you will trade in opposite direction to the crowd, you will trade with the trend. Look at the following image: {image} I think it's really clear. Maybe my English is not perfect and you just misunderstood me? {quote} Emm... what website? Give a link pls. {quote} Did you create something useful, or are you a well know profitable trader? Who gave...

As far as I know vasily does this on every new thread. I don't know why, but he isn't a huge fan of trading systems that are unusual or new. Don't take it personal.
  • #30
  • Edited 4:52pm May 5, 2016 4:42pm | Edited 4:52pm
Thanks for the support.

Looks like, the administration decided to move this thread to the "Trading Journals". Any reasons? Maybe because I did not provide certain buy/sell rules, or what? It's not a strategy that i can explain in 1 post. I need some time.
I was preparing some new material, but I am not about "keeping a diary".

bit disappointed
  • #31
  • May 5, 2016 4:48pm May 5, 2016 4:48pm
The order of traders thinking process. 1st its technical indicators, 2nd its sentiment, lastly its fundamentals. What I've learned since 2003 when i first started, is to go backwards. Fundamentals, sentiment, then technical analysis. The funny thing though is even fundamentals produce 95% losers 5% winners. No magic in trading.

I'm all open ears cause currently I'm stuck on sentiment. I hate to read so I'll never make the fundamentalist side too much.
  • #32
  • May 5, 2016 5:00pm May 5, 2016 5:00pm
Quoting Apiga
Thanks for the support. Looks like, the administration decided to move this thread to the "Trading Journals". Any reasons? Maybe because I did not provide certain buy/sell rules, or what? It's not a strategy that i can explain in 1 post. I need some time. I was preparing some new material, but I am not about "keeping a diary". bit disappointed

Just be happy you are still allowed to post. You are sharing a thinking traders way of trading forex thinking
outside the box & that is good. Just keep sharing your thoughts on how you are doing this & PLEASE ignored the
naysayers that will surely follow you on this thread seeking to discourage & even destroy your very informative thread.
Thank you for taking your time to share with all those willing to listen & follow along. GOOD TRADES TO YOU MY FRIEND.
______________________________
  • #33
  • May 5, 2016 5:03pm May 5, 2016 5:03pm
Quoting Apiga
Thanks for the support. Looks like, the administration decided to move this thread to the "Trading Journals". Any reasons? Maybe because I did not provide certain buy/sell rules, or what? It's not a strategy that i can explain in 1 post. I need some time. I was preparing some new material, but I am not about "keeping a diary". bit disappointed
Don't sweat it dude. As long as your posted somewhere so we can follow your insight on sentiment. I' ALL ears with anticipation.
  • #34
  • May 5, 2016 8:12pm May 5, 2016 8:12pm
My two cents...

OANDA as well as any other broker books show us that people tend to hold losing position and take profit way too earlier.
I do not see how this information could improve your trading other than boost your self respect and confidence that you are not one of them, yet in this case you might develop your own problems.
  • #35
  • May 6, 2016 12:48am May 6, 2016 12:48am
right here guys...you can see all of that from this link....

https://www.oanda.com/forex-trading/analysis/labs/
  • #36
  • May 6, 2016 6:37am May 6, 2016 6:37am
Quoting abokwaik
{quote} They update it twice a day. The problem here is the trigger. WHEN do we go against the crowd ? Although the crowd sentiment is short on EURUSD ,which means that smart money is Long. EURUSD today moved DOWN 100pips along with the Crowd ???
It's not a question to Ratio(ssi) indicator, because it gives only the direction and even not in all cases.
For example:
Attached Image

So, the entire Ratio provides the bullish signal, but using an order-book we can obtain bearish signal.

Buy the way, we should not expect more than 60% of profitable trades. Losses may occur often.
If the price moved exclusively against crowd it would be too obvious and everybody would already use it.

As i said in first post, You will have to analyze every market situation from scratch and make your own decision about market direction.
  • #37
  • May 6, 2016 2:22pm May 6, 2016 2:22pm
Being a forex mad since an year, I mostly listen to billionaire traders of forex industry. I try my best to short list what trading habits/characteristics they exhibits. One thing which i found common in all of them is "Enter where others will be exiting". I thought enough on this point that what they actually mean by this? I was confused by the Exit. Either they mean to enter where normal traders TPs are or they mean to enter where other traders most likely settings there SLs? I spent hours of mine in investigating this point. Then i found. I studied this in conjunction with (a) SL hunts (b) most of them saying that they will be at B.E or nearly hitting TP when other traders entering into trade.

They mean to enter at point where traders likely setting there SLs. i.e Enter long a little below the recent low and enter short at point a little above recent high. Random Numbers can help setting the trigger point. In consolidation go short at High Point of consolidation range and Go long on Low point of consolidation range.

Combining this with anti-sentiment approach can give good results.
Forex; the game of movements not the game of candles.
  • #38
  • May 6, 2016 3:57pm May 6, 2016 3:57pm
Putting things in practice, do you think there's buying opportunity for EU next week?
mini oanda is complicated, could you please paste some samples?
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  • #39
  • May 8, 2016 1:24pm May 8, 2016 1:24pm
Quoting hovedguy
Putting things in practice, do you think there's buying opportunity for EU next week? mini oanda is complicated, could you please paste some samples? {image} {image}
I am not sure that there is a good long setup right now. Can't make a picture, not at the working place, but I described the similar situation in my previous post. If you look the order-book, you will see it.

And one more important thing. The market sentiment signal may have three states: bullish, bearish and neutral. So sometimes if you ask me where will the price go, I would say "I do not know".
  • #40
  • May 8, 2016 2:26pm May 8, 2016 2:26pm
The hardest things for me to grasp is how the buy to sell ratio could remain at say 70% long and 30% short for a whole week and nothing seems to correlate. Seems like alot of bullshit unless there is something to add to it like the order book which I cant seem to grasp.
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