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  1. K

    Triangle trading pattern up or down

    It's more about pattern recognition than numbers or statistics so I guess there is no screener for that purpose, you should browse charts and look for patterns on your own.
  2. K

    Is there any way to short the renminbi with very low interest rates for a long time

    What about using CNY CFDs? I see one in my Hotforex platform, how do I check if its cheap to short or not? Via daily swaps or are there other costs?
  3. K

    MADEO HFT Trading Bot | XAUUSD Arbitrage

    The weak spot in this scheme is... broker. In my experience with arbitrage they pay a couple of times, then terminate services. If they see that leak is huge they fix their feed. In the medium-term its a waste of time, risk-free schemes with retail brokers don't last long and it is sad. Also...
  4. K

    Why the bitcoin ETF inflows are a huge disappointment

    After pandemic boost and subsequent fall it was clear that activity was boost by stay at home restrictions, low interest rates and helicopter money. Current upside is also linked to expectations of Fed policy easing and partly by the ETF hype.
  5. K

    Why the bitcoin ETF inflows are a huge disappointment

    Check all previous announcements of the launch of Bitcoin ETFs, price fell afterwards. This time is no different, the high degree of probability already gave us fair value near 50K, the rest is hype
  6. K

    Is price movement really random and unpredictable?

    If asset prices are primarily driven by information arriving in the market and since this information is by definition unknown until it arrives it is fair to view prices as random. So it looks like that making money is all about finding inefficiencies in how this information is priced in and...
  7. K

    support and resistance

    First you determine potential areas which others will likely perceive as important (since true S/R are areas which many other will perceive as S/R lol). Then you choose what you trade - breakouts or bounces from the areas. Then determine cancellation scenario (why and how you can be wrong about...
  8. K

    Japanese inflation figures falling AGAIN

    What is the next bullish entry then? Somewhere lower or we should wait for how particular price pattern plays out?
  9. K

    List of best regulated brokers

    It's hard to say definitely because when you do trial there are periods of excellent execution and spreads, other periods maybe awful and unsatisfactory. I guess market conditions like liquidity and volatility have their say to. But still I would single out Hotforex or Tickmill as brokers of...
  10. K

    Tell me some candlestick patterns and their forecasts

    w What is the basis for candlestick patterns to work in your view? If we shift start of the candle for even 1 sec we can get completely different candles
  11. K

    Tell me some candlestick patterns and their forecasts

    In my personal experience, I found the Hammer and Engulfing patterns particularly useful for spotting potential reversals in the forex market. Witnessing a Hammer forming after a downtrend often hinted at a possible bullish reversal, prompting me to consider long positions. Similarly, Bearish...
  12. K

    How do you take mental preparation for trading Forex?

    I mentally prepare for trading by setting clear goals, practicing mindful analysis of the market, and emphasizing risk management. Deep breathing exercises help maintain composure, and regular reflection on past trades ensures continuous learning and adaptation.
  13. K

    trading strategy

    I started to make less trades, concentrated my attention on less assets (2-3 assets currently), reduced leverage and started to experiment with trailing stops to boost expected reward. Also decided to move from Exness to HFM due to better trading conditions.
  14. K

    How do you fundamentally analyze the market?

    Fundamental analysis involves two things: understanding what is priced in asset prices (like long period of low inflation after Covid, due to weak growth expectations) and figuring out how wrong may be such expectations (underestimation of global money supply boom effect, which is the key...
  15. K

    How do you identify a scam broker?

    There can be various red flags, but I would personally pay attention to regulation (check their license in the official register), check which payment methods they accept, also quality of their website, personal cabinet, their linkedin page, reviews from traders and employees as well. It is hard...
  16. K

    Which pairs are trading in?

    I trade only majors as I get 0 spreads on my Hotforex raw spread account, it is perfect for scalping.
  17. K

    How to follow money management in trading?

    You start from risk per-trade (how much % of your capital you can afford to lose in a trade) then determine position size based on pip value, in lots, determine stop loss (according to cancellation scenario of your forecast, i.e. where you accept that you was wrong), set TP too, make sure that...
  18. K

    How do you fundamentally analyze the market?

    Current prices reflect best guess of collective market mind about future outcomes (data releases, central bank, fiscal decisions, respective capital inflows, outflows from some asset or asset class etc.). Basically you have to be consistently better than market in those predictions based on the...
  19. K

    Strategical Timing of an Important News Release

    I think you can extract more insight analysing order book continuously, i.e. tracking changes in bid/ask volumes as potential date of release is approaching and in response to unusual changes in the order book (maybe somebody will leave a footprint in some way). The state of the order book at a...
  20. K

    Bitcoin

    I keep 5% of my wealth in BTC, high volatility determines such low percent. Not care to lose, would be happy to earn something.
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