you can use Bookmap heat map to see were the big hands place their orders by strong colorful wide lines, and also see patterns of algos working on...
unless those lucky ones who find a good teacher
I scale in a strategy I use cause sometimes the extension is not big, but I always know where is the end of my scale (= the best entry I can have...
idea, to build a direction. Bookmap, to see if the players are going in that direction
consolidation
after the strategy works less than 50%. calculate always in precentage
should take some profit to secure yourself, depends on support levels or liquidity levels. Bookmap could have been a good help to see were buyers...
Bookmap is very good for scalping
IB don't give this option at all
to risk 5% of the account is a good way to start (I'm guessing you new in trading because the size of the account), it's important to put good...
I recommend you to use Bookmap for better entries
see if one calculates pre market and the other not
this is a strategy
the color of the next candle stick depends on price action which can change any moment, you can do statistical check to see how many time a green...
I can say the highs/lows of the day, pre market etc. are helpful, but use also levels of liquidity in Bookmap heatmap to get better conviction
can't vote to that, but can say that I'm learning in the hard way, and like a cat push to a wall I'm fighting back
but this guy not only need to tell you that about this market, but also teach you some stuff. we all pay in one way or another, sometimes to a pal...
that's why you go with the one that shows you and not just tells you
I just love this feture
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