HumbleTrader:
Stop using volume Indicators.

meshpips:


Okay sir I have heard your recommendation.

Well, I got on the USDJPY and here is what it is looking like right now.

Talk is cheap. I need traders that can show me real trades.

Maybe you think I have been playing these past 16 years that I have been trading.

HumbleTrader:
It's not a competition, I have nothing to gain from your success or failure, I'm just trying to help.

1. Stock Exchange market is different from Foreign Exchange.

2. Volume is useless in Foreign Exchange because the volume is based on your broker, different broker, different volume, expect you can gain access to the volume of all the traders on earth you're decieving yourself with that thing on your phone.

4. You do not need a volume Indicators to know the overall direction of the market and that's because.

3. Volume isn't everything, market makers might make you think there's a lot of buy power only for you to buy, and they cancel their order and enter a sell trade, hitting your stop loss as they profit from your bias.

HumbleTrader:
It's not a competition, I have nothing to gain from your success or failure, I'm just trying to help.

1. Stock Exchange market is different from Foreign Exchange.

2. Volume is useless in Foreign Exchange because the volume is based on your broker, different broker, different volume, expect you can gain access to the volume of all the traders on earth you're decieving yourself with that thing on your phone.

4. You do not need a volume Indicators to know the overall direction of the market and that's because.

3. Volume isn't everything, market makers might make you think there's a lot of buy power only for you to buy, and they cancel their order and enter a sell trade, hitting your stop loss as they profit from your bias.

Piptocoin:


You know nothing about volume. Nothing.

meshpips:


My brother, lower the microphone or just kuku off am.

Sincerely, you are simply ignorant of the truth. I know that you have good intent but you are ignorant.

Please try to learn in silence.

Think am, no insult intended . . .

If a fool keeps mute, he may be considered to be wise but once he speaks, we don confirm say na fool.

Just try to learn in silence okay?

meshpips:

The other day, a young man called me "stupid" no, I think he said very "very stupid". I have since been posting trade recommendations where I show the result after it hits either stop loss or take profit. This young man has not done zilch! It has been many days since the incidence, yet he is still to puffed up to come apologize for his open display of ill-manners.

HumbleTrader:
If you have a counter argument let's hear it, otherwise you're just being rude.

This is an interactive platform, where traders come and discuss, I see no reason for being hostile.

HumbleTrader:
It's not a competition, I have nothing to gain from your success or failure, I'm just trying to help.

1. Stock Exchange market is different from Foreign Exchange.

2. Volume is useless in Foreign Exchange because the volume is based on your broker, different broker, different volume, expect you can gain access to the volume of all the traders on earth you're decieving yourself with that thing on your phone.

4. You do not need a volume Indicators to know the overall direction of the market and that's because.

3. Volume isn't everything, market makers might make you think there's a lot of buy power only for you to buy, and they cancel their order and enter a sell trade, hitting your stop loss as they profit from your bias.

HumbleTrader:
It's not a competition, I have nothing to gain from your success or failure, I'm just trying to help.

1. Stock Exchange market is different from Foreign Exchange.

2. Volume is useless in Foreign Exchange because the volume is based on your broker, different broker, different volume, expect you can gain access to the volume of all the traders on earth you're decieving yourself with that thing on your phone.

4. You do not need a volume Indicators to know the overall direction of the market and that's because.

3. Volume isn't everything, market makers might make you think there's a lot of buy power only for you to buy, and they cancel their order and enter a sell trade, hitting your stop loss as they profit from your bias.

PrinceofWallstr:
Wisdom is profitable, there is no right or wrong in trading, as a matter of fact the man that got the highest payout from FTMO ($500k) uses Volume, Macd,COT and other tech indicators , these are trading tools you guys criticize alot.

My good friend I met on Reddit uses Vwap, this is someone that is managing investors fund ranging from $1m to $2m. You should learn to respect people's ways/styles of trading, if you have your holy grail strategy you shouldn't have been here begging for funding.

Piptocoin:


There are hundreds and hundreds of traders who trade using only volume indicator like I do. Wyckoff and Tom Williams are some of the people who intorduced the use of volume to the markets. The late Tom Williams of blessed memory was the father of Volume Spread Analysis. He always said that tick volume can be used in the absence of regular volume.

Have you heard names like Sebastian Mamby. Anna Coulling, Todd Kreuger and Adrian Manz? They are good traders who use volume in their trading. At forexfactory you will find people like HiddenGap, Malcolmb14, Pres78, Anotan, Cyberforex, who trade forex using the tick volume indicator. At Traderslaboratory forum you will find threads dedicated to using volume as a trading tool. That you cannot use it does not make it a tool resulting from manufacturer's error.

PrinceofWallstr:
Wisdom is profitable, there is no right or wrong in trading, as a matter of fact the man that got the highest payout from FTMO ($500k) uses Volume, Macd,COT and other tech indicators , these are trading tools you guys criticize alot.

My good friend I met on Reddit uses Vwap, this is someone that is managing investors fund ranging from $1m to $2m. You should learn to respect people's ways/styles of trading, if you have your holy grail strategy you shouldn't have been here begging for funding.

UrVillagePpl:


Thanks for taking out time to respond to me so far, I appreciate.

But yet I still have a few question.
I have so far registered in the discord.
These are my questions.
1. What are the requirements to get into the competition.
2. Would mt4/mt5 be used for the trading


**Please just tell me some basic things that I need to know to keep me prepared before Feb21st.

Thanks once again

HumbleTrader:
I make use of an EA to trade, as my trading technique only bring in small profit, so more fund, more profit.

I get your point, but what's the purpose of the thread if we can't have discussions like these.

TradingGod:


The same EA that have sent so many people to trenches?


we are here to make money together, it doesn't matter the strategy you use, as long as it gives you an edge in the market, you are good to go

Some proffesional traders only uses simple support and resistance line to trade and they still made it big in the forex market


So you see that the strategy doesn't matter, but what is really important in trading the forex market is your consistency in sticking to your rules while risking little.


May the market continue to favour us all in Lord Jesus Name 🙏

HumbleTrader:
I wrote the EA myself, it follows my own trading strategy.

Also support and resistance is not that simple, there's stop loss hunt and trend misdirection by market makers, while all these is going on you may be thinking it's your fault you're losing trade.

Anyone who wants to know more about volume should watch this video, it shows you not all volume Indicator are useful, and how to trade with the right volume Indicator.

https://www.youtube.com/watch?v=fRfPJ_HbaYE

TradingGod:


Every strategy is not 100% full proof

That is why you must use your brain to risk little just incase the trade didn't go the way you plan



By the way it would have been better if you came here to enlighten us on how to use EA for our advantage rather than arguing over an indicator

HumbleTrader:

Read this blog post from mql5.

https://www.mql5.com/en/blogs/post/741311

1. The volume Indicator differs from brokers to brokers, this will lead to false analysis.

2. I'm not saying don't use volume, but use only market makers volume, as they have access to the overall volume in Foreign Exchange

HumbleTrader:
A written script is needed, the script basically tells the EA when to buy, when to sell, when to take profit, when to stop loss.

EAs can also be use with indicators, such as telling the EA to buy everytime the fast moving average crosses the slow moving average.

There are more information on the internet, some of them with practical examples, but I believe having a profitable strategy is more important, the EA can come later.

meshpips:


My brother, lower the microphone or just kuku off am.

Sincerely, you are simply ignorant of the truth. I know that you have good intent but you are ignorant.

Please try to learn in silence.

Think am, no insult intended . . .

If a fool keeps mute, he may be considered to be wise but once he speaks, we don confirm say na fool.

Just try to learn in silence okay?

meshpips:


Oga Peter,

you nor need this offer na.

It is for those that can't afford $89 to pay MFF

I have responded to your mail sir.

We can still discuss.

greatcheer:


please sir mesh can you help me with the link for the mff of 89 dollar

thanks in advance

Geovanni412:


I don't trade volume

But it's pure stupidity for me to say that it is useless in forex market but useful in stock market

That makes no sense...price action is about reading price at supply and demand zones (support and resistance)

There cannot be a support and resistance zone without a buy or sell volume - that is just common sense.

HumbleTrader:
You clearly didn't watch the video.
1. Don't use Volume Indicator.
2. Instead use Volume Oscillator.

Calmly go through the article, videos and screenshots.

Piptocoin:


There are hundreds and hundreds of traders who trade using only volume indicator like I do. Wyckoff and Tom Williams are some of the people who intorduced the use of volume to the markets. The late Tom Williams of blessed memory was the father of Volume Spread Analysis. He always said that tick volume can be used in the absence of regular volume.

Have you heard names like Sebastian Mamby. Anna Coulling, Todd Kreuger and Adrian Manz? They are good traders who use volume in their trading. At forexfactory you will find people like HiddenGap, Malcolmb14, Pres78, Anotan, Cyberforex, who trade forex using the tick volume indicator. At Traderslaboratory forum you will find threads dedicated to using volume as a trading tool. That you cannot use it does not make it a tool resulting from manufacturer's error.

pipfisher:


There are manipulations in the market. Criminal over widening of spreads and broker induced slippage is manipulation. I experienced one yesterday.