yisrael wrote: Mon Oct 31, 2022 8:10 am Hey guys it is my vaseilios

yisrael wrote: Mon Oct 31, 2022 8:10 am Hey guys it is my vaseilios
So I left forex but actually I learn how the forex algorithm works.
So I didn't want to have this info and be useless in my mind
Also I don't want to write code.
This is real forex breakdown and the psychology of it.

Wyckoff trading
All your indicators are bs.
The best indicators are
Volume profile
Weis waves volume
Weis wave pips
Assuming you can read the indicator properly and with wyckoff schemes and stategy you can make work.

There is something called RANGE trading.
range is all candles between a Lower low and higher high...
this guys make money on complex pullbacks
This is demonstrated by two youtube channels
Itradeliquidity
FX BITOVENI
There psychology is that they pick a range,and they do analysis on the range,finding
Same peculiarities in the range and they just position on that.
The most brilliant thing is that they don't bet/gamble...
Market makes a move and they react to it...it is heavy market structure analysis based.

THE BIG BANKS CONTROL THE MARKET WORLDS,IT IS THERE GAME
AND THEY ARE USING
order flow indicators
Orderbook indicators
same of them literally predict the future,accurately

Some funny words:
Break of structure
Smart money concepts
Imbalances
Orderblocks
Liduidity
Inducement

Now the good stuff.
Some youtube channels.
WWA trading ...everyone wants to trade like them.
Mentfx...most good contents,but it is not all
Shadow Inducement fx
All this guys have crazy reward/Risk ratio...like the smallest is 8:1
Which means by one trade you made 8% profit
Like the biggest r/r is like 120:1 ....pretty much to the moon.
How it works they analyze wyckoff fractual structure scheme...
They do multitimeframe analysis...
They trade two types of Imbalances...they bet on Imbalances getting filled.
First imbalance it looks like an engulfer...this is where ordelblocks hide.
An entry order block is created and simple activated in three ways.

1. Strong entry point, a long wick hitting a price,candle looks like hammer.
2.middle entry point,and engulfed
3,weak entry point,a smaller timeframe wyckoff struture.
Why order blocks work:big money hunkies has put a ridiculous amount of pending order...
They are not going to lose value on they assets they bought...so they drive the market.
The second imbalance is just a "big body candle"
It is going to be filled like 80% of the body...meaning reversing.
Why it works,like the big money hunkies,has gone to far,overdone it and they want some money back.
Some helpful concepts are liquidity and stophunting.
Like big banks will go there way of creating superstructure..shit patterns you learned on babypips website. Just to foul you,when pattern is complete,they take the opposite trade just blowing your stoplosses...it is said that liquidity is taken,and the process of it is stophunting.
Another helpful concept is Inducement...it is just the entry point where big banks anticipate you place a trade....it is just there to make people sell or buy to early...like you will make a profit,hunting this but it is little.

And lastly remember ,the market is manipulation inside the manipulation,a weird canadrum...can you see it,or it is a fake early Inducement move.

Now make fire!!!!

1. Strong entry point, a long wick hitting a price,candle looks like hammer.

2.middle entry point,and engulfed

3,weak entry point,a smaller timeframe wyckoff struture.

Why order blocks work:big money hunkies has put a ridiculous amount of pending order...

Like big banks will go there way of creating superstructure..shit patterns you learned on babypips website. Just to foul you,when pattern is complete,they take the opposite trade just blowing your stoplosses...it is said that liquidity is taken,and the process of it is stophunting.

another helpful concept is Inducement...it is just the entry point where big banks anticipate you place a trade

chickensword wrote: Mon Oct 31, 2022 8:14 am exactly the banks are looking at volume profile, footprint order flow , and depth of market

real numbers real meaning

moving average, oscillators, histograms, trendlines basically mean nothing
and can only produce 50-60 maybe 70% win rate in the long haul

PumbaPLS wrote: Mon Oct 31, 2022 8:49 am What Holy Grail do you take??

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chickensword wrote: Mon Oct 31, 2022 8:51 am thats alot of f** high impact news m8 i dont think im taking either
but if that wasnt there

id take the order block if it can be confirmed with lower timeframe

PumbaPLS wrote: Mon Oct 31, 2022 8:33 am WOW! You are able to anticipate the anticipation from the banks