Rags To Riches - Multi Traders

[MoneyNVRSleeps]

Good morningggggggggg Traders,

First off, OCD? Yeap, probably, but I wont take drugs for it. I look at it as a gift. Going to restaurants is pretty crazy, because I wear ear plugs, i kinda talk loud when ordering food, lol… I finally broke it too the waiter at our favorite Mexican food joint… He always thought I was ignoring him… If I cant hear what he says, I look at my wife to translate, lol… I told him about a month ago, and he said, " I just thought you were always ignoring me, lol… They have a special section for us, because I have to sit with my back against the wall, and have to be facing the doors… So, when we go, they always seat me in the same booth… They like us, because they said they never had anyone that tips the cook as well as the server… The food is amazing… I was getting ready to leave 2 years ago, and asked to meet the cooks, and they were very very surprised when I handed the 2 of them a $20… I told them its the best food, and its always delicious, and to keep up the good work, so now, we are like celebrities there…

I also have to sleep with my head pointing to the north, or i sleep like crap. *shruggs, crazy huh… I take it as being a “superPower”, so it is what it is… Its helped me before… You should see some of the things I can build from scrap, lol…

Thats Aaron? I thought it might be him… Like I said, there are a few salty dudes here, and it wounldnt surprise me if those 3-4 were actually the same person… *shruggs, whatever… Just leave us alone…

Now, seems my support level held pretty well, and would have been doomed if i took the last trade in the pic. Might not have a trade today, as I look at my heatMap/currency strength meter, EUR has power, right now anyways… Have some things to do this morning, so hope everyone has a productive morning… My baby is getting some shots, ahhhhhhhhhh…

Save some pips for me,

[MoneyNVRSleeps]

well, today is historic for me, I didnt take a trade yet today, due to no green flag for a Short. Now idle till 5PMish, est

Alllmost have the green light, lets just say, its in the middle of the road… 1/2 a signal, lol… Just need confirmation.

[MoneyNVRSleeps]

[MoneyNVRSleeps]

50 freakin spread, you have to be kidden me right?

SMH, unreal

[compact]

Is the retail offering on a par with the institutional algorithms dancat?
The example you posted appears quite detailed, could you expand a little on the abbreviated information?

That type of programme could be beneficial in a timing capacity if nothing else, especially for those who use binaries & micro time duration strategies.

It looks like an aggregator program to me volan.

The different time scales in the grid boxes are undoubtedly representative of bid & offer activity from the aggregated sources stacked into time variables highlighting the order priority across the generic regional currency & the specific individual basket pairings.

Institutional algo’s or accumulative information sources will be a known (tiered) name such as NYMellon/Amex/Citi/LL/Barcap etc & will usually reflect their own transactional flow from customer lines & agency desks. Also, dependent upon where it’s emanating from, there will be a limited throughput of providers.

If you look at the left hand side of the two FX Pair View grids in that graphic you’ll see LP & a number…23, 24, 19, 12 etc etc?
On an institutional screen that would be where the liquidity source would be annotated in short hand such as; Ba for Barclays etc. It might also have an in-house code to identify the provider.

Quite why they aren’t identifying the source in that grid is a little suspect. Either it’s a delayed piggyback or ghost feed. It might also be flow from a genuine single source such as a broker feed or bank liquidity source & inflated with accompanying price ladder quotes to make it appear aggregated.

I would want some concrete reassurance that it was a genuine aggregated feed before placing too much store in the information being provided. But if it is indeed a genuine liquidity source the most pertinent & appropriate use from a retail angle would, as you say, provide assistance in entry & exit timing.

[d-pip]

@volan

Is the retail offering on a par with the institutional algorithms dancat? or is it nothing more than a glorified tick volume indicator with extra lipstick.

The example you posted appears quite detailed, could you expand a little on the abbreviated information & perhaps link to an information site?
I checked the Global-View forum but I don’t think it lives there.

I’ve seen & experimented with the various heatmaps doing the rounds but they’re extremely limited & clunky & lag horrendously at the front end of the timeframe scales.

That type of programme could be beneficial in a timing capacity if nothing else, especially for those who use binaries & micro time duration strategies.

I found a link, pitview.com All new FOREX Indicator and Data Free Trial

Idk? Is it attempting to shadow or replicate liquidity provider’s volume and order behavior?

[Libertysilver]

@d-pip;624533

I found a link, pitview.com All new FOREX Indicator and Data Free Trial Idk? Is it attempting to shadow or replicate liquidity provider’s volume and order behavior?

Thanks d-pip for that link it looks like a useful tool will be looking into this dose anybody use anything similar to this ,? Or any live news feeds

[dancat]

Is the retail offering on a par with the institutional algorithms dancat?

Idk? Is it attempting to shadow or replicate liquidity provider’s volume and order behavior?

it looks like a useful tool will be looking into this dose anybody use anything similar to this ,? Or any live news feeds

I don’t know very much about the retail version at all guys. I believe it first surfaced late last year via a customer who sent a few screen captures to one of the reps & subsequently allowed her access for a short time period to explore it further.

I was just using it to reinforce an example to that akeakamai fella.

You would need to proceed as compact suggested & conduct very thorough due diligence, particularly regarding the legitimacy of the liquidity providers & the specifics of how & where this data is being sourced.

I’ve seen & experimented with the various heatmaps doing the rounds but they’re extremely limited & clunky & lag horrendously at the front end of the timeframe scales.

The industry use strength algorithms & bias meters as a matter of course volan but they’re programed in-house. If you’re considering exploring the potential benefits ensure it incorporates all the major hubs (incl HKD & MXN) otherwise it will distort the accuracy & time variables of the data.
Be careful with the free stuff, most of it is utter crap.

[TooToo22]

And as a farewell present to all, here’s the exact chart I drew up which led to my profitable day. nothing added or subtracted. No fluff, all substance. No need for “strength algorithms” or “bias meters” LOL

[Leg0nd]

[QUOTE=“TooToo22;624557”]And as a farewell present to all, here’s the exact chart I drew up which led to my profitable day. nothing added or subtracted. No fluff, all substance. No need for “strength algorithms” or “bias meters” LOL <img src=“301 Moved Permanently”/>[/QUOTE]

Happy trading my dude. I tried messaging you but you have It turned off or something. Message me if you can, I would like to discuss something with you. Nice to see someone else made some pips today as well

[Qed]

WELL DONE …Great to see a no nonsense clean no BS chart , pending "buy stop " on resistance would have got you in nice and early ,hope you are able to add extra deals on the way up. cheers Q

[Qed]

whoa… that got u fired up … jeez man I just offer suggestions of things Ive found , some I use some I dont , but we have to be open to diff indicators ?. to be honest i couldnt see any defined entry on ur chart, Im sorrry if i offfended you … Ill pull my head in and leave you to it …cheers Q PS I did like your HA oscillator … cant find it …

[jadd806]

What did this thread turn into? Failing traders insulting other failing traders? Doesn’t seem like any of you have a pedestal to stand on. I liked reading Money’s progress updates because the dude just doesn’t give up.

None of you have time for this. Turn off these silly forums and get to work. I stared at charts almost non-stop until I finally figured out how to turn a tidy profit in the Forex market. Now I’m expecting complete financial independence and my first million by the time I hit 23, while all of my peers are preparing to slave away in the 9-5 rat race for a measly $80k per year.

Ask [I]anyone[/I] who is successful the secrets to their success. 99% of them will answer that they hung around other successful people and learned everything they could from them. Money, I admire your dedication man. I really do. But hanging around here on BP with newbies, non-profitable traders, and losers who come into your thread just to insult you isn’t going to get you anywhere fast.

One more word of advice. You’re so hell-bent on developing your own system. It’s a dead end man - at least until you learn how to be profitable. I spent over 2 years trying to make my own way, failing time and time again. I shunned the hundreds of free systems with measly returns like 1-5% per month. Eventually I gave in and tried one. Yeah I started out making like 3% per month by using a system I found on these forums. But I built off of it, improved it, and now I’m looking at about 5% per week. That’s more than 99% of traders will ever achieve, and I’m still not done yet. The hardest step is becoming profitable. Once you’re there, it’s so easy to make more profit. I was stubborn, but I finally decided to jump-start my learning curve by starting off with an already-established system. And I can honestly say it was the best trading-related decision I ever made.

[Thalia]

What did this thread turn into? Doesn’t seem like any of you have a pedestal to stand on.

Pedestals are for pussies. Ladders are way more impressive.
The “dude” could have placed toot toot on thread ignore several days ago & limited the damage.

Plus of course if the moderators took a more active role in managing the thread instead of passively standing around watching it all unfold toot toot wouldn’t still be present on the forum to cause conflict, they could have cleaned his posts & his username from the forum & all would be rosy in the garden.

Perhaps you should ask them why they are allowing a member they have previously banned on numerous occasions for this very reason to continue posting long after he has been brought to their attention.

One more word of advice.
I started out making like 3% per month by using a system I found on these forums. But I built off of it, improved it, and now I’m looking at about 5% per week. I can honestly say it was the best trading-related decision I ever made.

If you’re going to make claims like that on a public forum then you better be prepared to back them up.

So in order to offer the “dude” a little confidence & assurance that all is not lost how about providing some proof of your impressive claims by presenting a few broker statements as evidence of this consistent progress.

You could even wrap a reassuring arm around the “dudes” shoulder & help him practically with your new found success strategy.

[LiquidGenius]

One more word of advice. You’re so hell-bent on developing your own system. It’s a dead end man - at least until you learn how to be profitable. I spent over 2 years trying to make my own way, failing time and time again. I shunned the hundreds of free systems with measly returns like 1-5% per month. Eventually I gave in and tried one.

Surely, because you tried method A and failed then tried method B and succeeded, method A cannot work?

[Leg0nd]

Whoever posted that pitview indi is a g! I checked it out, watched the trailer for it… And I gotta say I am impressed. I signed up for a free trial to check it out. I’m going to trade it on a small sub account. It’s wicked! I wonder how much it actually costs to get a full membership? I’m also curious who is the largest liquidity provider, they usually account for 50% of total liquidity. Anyone know?

[Pipzilla]

Hi All,

The thread is being cleaned up. If you don’t see your post, it means that it has been moderated.

Thanks,

Pipzilla

[volan]

It looks like an aggregator program to me volan.
Institutional algo’s or accumulative information sources will be a known name such as NYMellon/Amex/Citi/LL/Barcap etc & will usually reflect their own transactional flow from customer lines & agency desks. Also, dependent upon where it’s emanating from, there will be a limited throughput of providers.

Quite why they aren’t identifying the source in that grid is a little suspect. Either it’s a delayed piggyback or ghost feed. It might also be flow from a genuine single source such as a broker feed or bank liquidity source & inflated with accompanying price ladder quotes to make it appear aggregated.

I would want some concrete reassurance that it was a genuine aggregated feed before placing too much store in the information being provided.

I don’t know very much about the retail version at all guys.
You would need to proceed as compact suggested & conduct very thorough due diligence, particularly regarding the legitimacy of the liquidity providers & the specifics of how & where this data is being sourced.

The industry use strength algorithms & bias meters as a matter of course volan but they’re programed in-house. If you’re considering exploring the potential benefits ensure it incorporates all the major hubs (incl HKD & MXN) otherwise it will distort the accuracy & time variables of the data.

Thanks for your informative replies guys.
I’ve e-mailed the PitView support for more information.
To be honest at $80 or $90pm it’s only pocket money to check it out over a business quarter to check see how it performs in conjunction with my own technical approach, so I might just give it a whirl while I’m waiting for a reply from them.

If I have any more questions I’ll give you a tap.
Thanks again

[Libertysilver]

[QUOTE=“Leg0nd;624778”]Whoever posted that pitview indi is a g! I checked it out, watched the trailer for it… And I gotta say I am impressed. I signed up for a free trial to check it out. I’m going to trade it on a small sub account. It’s wicked! I wonder how much it actually costs to get a full membership? I’m also curious who is the largest liquidity provider, they usually account for 50% of total liquidity. Anyone know?[/QUOTE]

Trust this that sh****** is awesome bro
This guys deleted my post earlier to what the heck …
But any way yoo I dident Cheak your thread yet how did your trades for they day go
You where trading Aussie & euro right ??

[Leg0nd]

[QUOTE=“Libertysilver;624801”] Trust this that sh****** is awesome bro This guys deleted my post earlier to what the heck … But any way yoo I dident Cheak your thread yet how did your trades for they day go You where trading Aussie & euro right ??[/QUOTE] Yes it’s pretty awesome. It appears like all day the liquidity providers have been long AJ, the only pair I have been watching out of my 4 I traded today. My trades are looking really good. Down like 15 going into the news in AJ, no big deal. Down about 10 in GU, still good. Up 5 pips or so in UJ. I’m feeling confident my trades will clear today and I will make some pips by close. I like this pitview thing, but to actually trade off it, would require more volatility in the market and right now it seems nill. Everyone is waiting for the Australian news it seems like. I’m obviously expecting it to be greater than forecasted which would be excellent for my trades :). How’s your trading going?