Could we have a thread with traders which don't forecast the market?
No Service Resistance
No Provide Demand
No Considering past chart price action
No Predicting Where price will probably go
Only following price getting out and in as it behaves.
Could we have a thread with traders which don't forecast the market?
No Service Resistance
No Provide Demand
No Considering past chart price action
No Predicting Where price will probably go
Only following price getting out and in as it behaves.
I've been around. Just stopped posting since was encouraged to start a fund. Our biggest success was a Brexit straddle. Not quite as enormous as Soros breaking BoE, but still substantial and my investors are very delighted with me.
Not much has changed, and that I still stand by almost everything I've said in the past.
The purpose is that no one is ever going to tell you or anybody how to do'it' just, and I believe many would agree that in'the real world of business' it is precisely the same.
I have several'retail' businesses and allow me to tell you no one that is in direct competitors will spell out to you how/where/why/when they buy their stock. For price is the competition. Price and Loion. Yes they may share pointers but that is about it. Proceed ask McDonalds if they will share their'proprietary processes and formulas' with you. Or better yet, go ask a hedge fund where they enter/exit etc..
Ive said this before - I dont trade a currency cross as one thing, but as a fraction of a whole.
Depending on the circumstances I might be all in/out or I may venture around a core position and this comes right down to my risk/trade/price construction procedure.
Last but not least, I never said there was'a goldmine someplace' but price can be translated in parts just enjoy each bit of a mystery FORMS the mystery.
There is some users on here saying that my thread is at contradiction concerning prediction ill clarify what I meant:
My concept of non-predictive trading or perhaps you call it . .
Scalp pips a few times a day until you're satisfied and also be done daily.
Close as soon as your sign varies due to price movement.
Follow price using a Moving average or something similar and get out as soon as the price goes the other way, then start looking for one more sign again, rinse and repeat.
No technical analysis at all.
The problem is that only a few people would discuss their method.
I need a method.
Trying tick charts now..could be the solution.
Its impossible to show it on a still chart..simply because price acts how it needs live and not how you view it on previous history. . .thats a mistake 90% traders make..backtesting is pointless..you cant predict. Indiors are drawn on data. . .but its the complete opposite when live trading.
All the backtests you see from images or in your platform is a scam.
The only way to tell someone is . Buy above . . , market below... Get out when it rolls. . etc..
OK and you also need to have days when price cross the line many times going sideways?
Best regards
I presume, moving average or something similar to itself is part of technical analysis. If you said no technical analysis in all then do not look at chart completely. Watch closely on price(number) movement. Watch totally on that, see the way the price change, the velocity of the move, see the way the spread(bid-ask) move, its different kind the spread movement which the bid proceed quickly versus the ask move quickly. That is some of my method and experience if trading without chart and only amounts. And yes this kind of method will be called by lot of individuals is BLIND, and lot of people will say its GAMBLE. But when we can rigidity discipline ontrading hours and take how much pips we get on that trading time no matter what, on long period the account balance will rise.
Hi guys, I actually have a robot which don't use any forecast logic or utilizes any indior. Screenshot shows my 3months result