Thread: Your top 3 indiors

Guys which 3 indiors would ye find most beneficial to your trading,i.e should ye could use just 3 what could they be.

Originally Posted by ;

quote Thank you very much for reply. When I said perfectly coordinated I intended specifically that market makers utilize same logic to move the price regardless if it's move for hours of 0.01 to 0.8 pips or they transfer price in split moment for 120 pips. The best would be to exchange when market promote price and become inefficient. . .regarding listing of factor just mentioned that I personally never lean on fundamentals because my interpretation of fundamentals is meaningless, as interpretation and time is on market makers.

Note that the market makers and institutions are various entities and have various aims.

The most generally the important fundamental facet for currencies is inflationary expectations. This will determine the long-term trends but will not assist you on timeframes that are low with entries or a particular trade.

Originally Posted by ;

All indiors except for quantity, delta and market profile (not really indiors anyhow ) will probably be lagging. If you trade using indiors you will forever be trading with the remainder of the retail traders at retail prices instead of with the associations at wholesale prices. Institutional traders do not utilize indiors except for specific moving averages....

Originally Posted by ;

I wouldnt say that markets are perfectly organised but they are definitely not arbitrary....

Great information, many thanks, it is helpful to persuade me that after 10 years I'm finally making some progress.

Originally Posted by ;

quotequote Great info, many thanks, it helps to convince me after 10 years I'm finally making some progress.

Hi Hanover

I understand you've been around here for a long time and have really been a huge help to many traders. I am like you, I have been here since 08 however just in the last 6 months have I made huge progress concerning my own understanding of the markets, trading, how to appreciate currencies etc etc
PM me if you would like to understand more about what I had been speaking about.

Originally Posted by ;

quote Hi Hanover I understand you have been around here for quite a while and have been a huge support to many traders. I am like you, I have been here since 08 but only in the past 6 months have I made huge progress in terms of my own comprehension of the markets, trading, how to value currencies etc PM me if you want to understand more about the things I had been talking about.

Copi88 what is your egy and where and what are your resources to identify positions? I am really interested in your articles in the forum. Thank you.

Originally Posted by ;

.. PM me if you would like to know more about what I talked about.

Copi88, don't hesitate to say, most of us hear

Originally Posted by ;

quote what's your egy and where and what are your tools to identify positions? I am quite interested in your posts in the forum. Thank you.

Strategy isn't important. The question is being asked.

The question you should be asking is how do you value a tool.

There are many thousands of egies however all of them are worthless if you're buying something that is overvalued.

Originally Posted by ;

quote Strategy isn't significant... There are many thousands of egies but they are all worthless if you're buying something which is overvalued.

I disagree. Strategy is all. Timing is all about, but therefore egy comes next, following the all time winner: Timing nobody appears to have it at their pockets.

You can buy large and that isn't really a issue. All you need is a fantastic EXIT Strategy.

I shall give here an easy visual example. Will not explain in details. This entails hedging with a multiplier. Senior traders don't like mixtures. Great for them. Perhaps they are not perfect?

While the price was flat (there were just two horizontal periods on the picture ), the buy net was at break even or at little profit.
Buy's TP is on the right. So, buying high isn't really a problem, in case you have an idea how to exit the buy, once the buy isn't really the correct direction...

Buy High??? I'd say: Yes! Yes! Why not?

Originally Posted by ;

quote I disagree. Strategy is everything. Timing is everything, but therefore egy comes following the all time champion: Period nobody seems to have it in their own pockets. It's possible to buy high and that is not actually a issue. All you need is a good EXIT Strategy. I will give here a example. Will not describe in details. This entails hedging with a multiplier. Senior traders don't enjoy combinations. Good for them. They are not always right? Though the price was flat (there were just two horizontal intervals on the picture ), the...

I didnt say you cant buy high. I said you shouldnt buy something that is overvalued. A big difference is between the two.
There are of course times when it is appropriate to buy at a swing high or sell at a swing reduced and that's if value is in your favour.

Maybe I was a bit flippant by saying egy doesn't matter. Of course it matters but you may struggle if you're buying overvalued or purchasing undervalued goods however good your egy.

Originally Posted by ;

quote perhaps I was a bit flippant by stating egy does not matter. Of course it matters but you may always struggle if you are buying overvalued or purchasing goods.

OK. Now this makes sense to me. I totally agree with that. It is hard. I only wanted to point out it it is possible. Doable, yes, but still quite hard it's... Not wise trading, but still, one can easily get away. Thanks for making it clear.