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Smart Money Concept Flaws Replied 1 day ago - Flaw 2: You Cannot Spot An Order Block By Merely Looking At The Chart It is true than institutional traders execute block trades, Privately Negotiated Trades (PNTs), dark pool trades etc. on various stock exchanges but they do it so quietly that if doesnt spike the charts. So SMC advocates falsely claim that by looking at charts they can spot order blocks but this is flawed logic. Attached is a report on PNT hedging trades executed in the dark pool by a market maker for EUR/USD, but if you go to the charts for that date, you will not see any noticeable price action.
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TADING WEEK/MONTH EXPERIENCE. Replied 2 days ago - My trading experience this week. This week , i prioritized patience and it showed in the number of trades I executed on my main account. I executed just two trades, one loss and one win. What stood out for me this week is my discipline to stick to my plan. I am so happy i could do that. Also, I only traded setups that met all my criteria.
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understanding forex terminologies Replied 3 days ago - 11. Liquidity Liquidity refers to how easily you can buy or sell a currency without affecting the price. Major pairs like EUR/USD have very high liquidity. 12. Volatility Volatility measures how fast and how much the price moves. Example: NFP days usually bring high volatility. 13. Slippage Slippage occurs when your order is executed at a different price than expected, usually during fast markets or news releases. 14. Safe Haven Currencies These are currencies investors run to during economic or geopolitical uncertainty. Examples: CHF (Swiss Franc) JPY (Japanese Yen) USD (US Dollar)
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TRADER OR ANALYST Replied 4 days ago - Well balanced.
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I trade daily for my breakfast money Replied 4 days ago - Thank you for this breakdown.
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Lost some friends due to trading Replied 4 days ago - Some will ask you to teach them trading and then as soon as they lose money when trading live they blame you for introducing them into an unprofitable venture.
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Casual FX discussion. Replied 4 days ago - I never knew MT4 could do this I am going to try it, thanks for sharing
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Prop Firm Replied 6 days ago - 🤣🤣🤣🤣. I won’t do that though
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London Session Forex Time in Nigeria Replied 6 days ago - Well said @sizwe.
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FOREX IS A WAITING GAME Replied 6 days ago - The more I trade the more I find this statement to be so true. The market truly rewards only the patient. This past week have tested my patience, I’m happy I passed it. No forced trades.
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Prop Firm Drawdown Replied 6 days ago - I will advise you reduce your risk when you are in drawdown and trade just A+ setups. A+ setups are setups that meet all your criteria. Don’t increase your risk until you are back to breakeven. This will help you during drawdown season.
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SAFE HAVEN FLOWS Replied 6 days ago - The Role of Institutional Investors Safe-haven flows are mainly driven by large institutional investors rather than retail traders. Banks, hedge funds, sovereign wealth funds, and pension funds control enormous pools of capital. When these institutions begin reallocating their portfolios due to rising uncertainty, the resulting flows can move currency markets significantly. For example, if global funds decide to reduce exposure to emerging markets or risky assets, they may move billions of dollars into U.S. Treasury bonds or other safe assets. Since those bonds are denominated in U.S. dollars, demand for the dollar increases.
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Decision Fatigue in Trading Replied 6 days ago - I just couldn’t be angry with myself sincerely 🤣
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Forex trading Replied 1 week ago - Activities are always highest at the begining and ending of every session. The middle of the session may be very quiet.
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How long does it take to learn forex trading Replied 1 week ago - Anyone with half a brain can learn forex trading in a couple of months but the mastery/steady profitability takes years.
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What does "chasing the market" mean? Replied 1 week ago - This happened last week and I almost burnt my prop not until I had to reschedule my thought process and currently out of dd and ended in profit, sometimes it works and others times it doesn’t it’s hurts badly.. For me I did a lot of Fomo last week and early entries but am learning to be conservative with how I trade…
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What is NFP in Forex? Replied 1 week ago - Also Avoid Trading the First 5–10 Minutes The first few minutes after NFP are usually chaotic. Typical behavior: price spikes up reverses quickly fake breakouts occur Many experienced traders wait 10–15 minutes for the market to settle before trading.
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Forex trading for beginners a primer. Replied 1 week ago - In conclusion, trading success does not come from luck or shortcuts. It comes from education, practice, discipline, and strong risk management. Beginner traders who focus on learning, mastering one strategy, controlling their emotions, and protecting their capital will have a much better chance of becoming consistent and profitable in the long run.
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why am i losing so many trades in a row consistently? Replied 1 week ago - IF YOUR STRATEGY ALREADY HAS AN EDGE, THEN CONSIDER YOUR RISK MANAGEMENT. IF YOU ARE GOING TO BE PROFITABLE WITH A PARTICULAR STRATEGY THAT HAS AN EDGE, YOUR RISK HAS TO BE CONSISTENT IN ALL TRADES. I MEAN YOU HAVE TO RISK THE SAME AMOUNT FOR ALL TRADES. DO NOT RISK 100$ ON ONE TRADE AND RISK 50$ ON ANOTHER TRADE. BE CONSISTENT IN YOUR RISK MANAGEMENT.
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what does open interest mean in options Replied 1 week ago - Open interest is the number of unsettled option contracts and the open interest value cannot be negative. The minus sign we see in the last column of this report just shows how many option contracts have been settled during the current day. So for the 11750 PUT, 4,891 out of 5,370 have been settled
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