We never get to see those details and it is highly educational to see what you see.
I have 3 questions if you would be so good as to answer,
The dotted lines on your chart at post 59 - what do they represent Please ? I note mainly they follow a similar slope, but a few are much steeper - are they stop - loss positions for teh individual trades ?
Between the spreads on post 60 you have a nimber of prices labelled “SL” - are they the positions of “STop loss orders” ? or are they the positions taken to cover the bets by “brokers”
“pending orders” bigger than “5” are highlighted - is that because you have them as “Targets”, Or are they the orders you have placed in the markets ?
the doted lines are trades which originate at one spot and terminate at the take profit point, blue for long red for short I think. the sharper the slope the more profit that was taken.
so in post 60, I am showing you in the middle, sell limit orders pending INSIDE the spread, I typically place orders inside the spread to take advantge of ignoraNT traders of any and all types.
I dont place stop loss orders to realize a loss, I place stop loss orders to lock in profits, so if I am up 10 pips I may set a stop loss order for 5 pips, so the minimum profit will be 5 pips. pending orders bigger than 5 lots are not really highlighted bu it is a graphical represenation with a line graph as to a visual of the volumne (total orders in lots) the more lots the further the "highlighting will continmue to the left. hope this helps!
Congrats…your getting close to the truth…please continue to share with the newbies…forex…is the strict domain of the banks everyone else is merely the liquidity for them
There is low success rate for beginners we can say more than 50% are looser. However one can do careful trading for making low profits. If they do trading like demo with high lot and leverage success will be far from them .Plan their trading according to capital and market . You can not beat market just adjust your self with it .
You can beat the market makers and huge investors by understanding their psychology. The market makers never want to lose a single cent but they want to see loser for their win obviously. You always need to staybone step ahead from them! Best of luck!
It is really a good question and the answer is to work with full devotion in order to compete with them. You have to think like them, behave like them, and predict like them. It is never an easy job to do but it is a possible job. Believe in yourself!
In competition traders can show their best , they had a challenge to complete it . If they not win it even then too they will show their good performance that will really help in next tradings. It is also a big source of meaningful learning. In this way they can go to higher levels to win their target and had a professional aspect in trading.
hahahaha you are not beating any market makers, you are beating RT’s MM’s dont lose (MUCH more than 1% of their trades) duh! take a look eh? Stephen System by rrram2 | Myfxbook
Thank You Zore Eggs for this question, Let me ask you a question, If I was the new england patriots nfl team…and u were a freshmen high school footbal team…is there a way to beat me?