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Looks like the guy is selling a 10 lot at whatever the price is, then putting a 10 lot buy order in 1 tick below that, and just doing that back and forth, back and forth.
I noticed on the 1 minute chart, there's only like a 2 or 3 tick range for quite awhile, so probably best to try this in the wee morning hours, like 1am to 5 am (eastern), when the market is much less volatile. During regular market hours, the market could take off and burn ya.
I think the guy that did the video is Mr. Mostafa Belkhayate...
Here's a link to a news video about him... News Video (the video has english caption)
Seems like a really nice guy, and the real deal.
The video is kind of blurry, so if you missed it, he's using the Open E Cry platform
Why don't more people trade this methodology? This may be a newbie question, but what makes this method that difficult? Or maybe I should ask, what is the trade setup, other than a tight range?
Try to be kind in your answers, but I am interested in more information.
Well the news part was somewhat interesting.. but watching a selective video capture of someone trading a demo account back and forth during a tight consolidation period doesn't quite get me excited.
