Reply
More than 10 Vouchers
 
Thread Tools
  #28  
Old Jan 8, 2011 7:59pm
Infractions Overload
 
Member Since Sep 2010
Talking

Quote:
Originally Posted by Carnegie View Post
Hi guys,

Since the FX market is OTC, there is no "center" orderbook or whatever I should call it. What we have is FXCMs orderbook, OANDAs orderbook etc. which wont help at all because no big banks or big indivduals trade their order thru these small retail brokers.
ill give u a clue,the system is manipulated for us small guys to loose ,this is simply an exchange u think banks will be dumm enough to create a marketplace so u can take enormous amounts of money from them,no sir

ok what i started doing,is go to the oanda positions tools lab and etoro open positions and do evrything the opposite that traders do,i tryed it this week and scooped 40 pips with uscad,fxcm has it too on dailyfx

btw ur young,come to college traders threats and trading limit orders ull be suprised to know that there is many of college kids here,im 18 in march too

cheers
btw read master the markets tom williams the best book evr written and also read jesse livermores books,
__________________
BIBLE: GENESIS CHAPTER 11.There is no safe limits building to the skys.Over time structures strengths of materials cannot overcome natural forces. This because nature is beyond man's conquest. Time erodes all.
Reply With Quote
  #33  
Old Jan 10, 2011 1:05am
Infractions Overload
 
Member Since Sep 2010
Default

thanks for all ur comments,i mostly learn all this stuff,as i make a trading mistake then fix it up and get my money back,lol
__________________
BIBLE: GENESIS CHAPTER 11.There is no safe limits building to the skys.Over time structures strengths of materials cannot overcome natural forces. This because nature is beyond man's conquest. Time erodes all.
Reply With Quote
  #37  
Old Jan 10, 2011 6:44am
Infractions Overload
 
Member Since Sep 2010
Default

carnegie ask questions and demand answers the only way to find out whats happening
__________________
BIBLE: GENESIS CHAPTER 11.There is no safe limits building to the skys.Over time structures strengths of materials cannot overcome natural forces. This because nature is beyond man's conquest. Time erodes all.
Reply With Quote
  #52  
Old Jan 13, 2011 8:24am
Infractions Overload
 
Member Since Sep 2010
Default

thanx for researching,cleard
Reply With Quote
  #55  
Old Jan 13, 2011 8:59am
Infractions Overload
 
Member Since Sep 2010
Talking

u know cidneyxxxx i actually thought u were a girl before,lol
Reply With Quote
  #81  
Old Jan 14, 2011 11:27am
Infractions Overload
 
Member Since Sep 2010
Default

heres my vsa take on this
im just finishing reading mtm
Attached Thumbnails
Click image for larger version

Name:dump.gif
Views:79
Size:29.1 KB
ID:617465    
Reply With Quote
  #83  
Old Jan 14, 2011 11:35am
Infractions Overload
 
Member Since Sep 2010
Default

can anyoen explain to me why on monday it fell so much,could have they been dumping it to asian central banks,at sydney-tokyo open,i understand that some buyers of their sell orders were found,im guessing they unloaded the goods to quickly,
Reply With Quote
  #84  
Old Jan 14, 2011 11:42am
Infractions Overload
 
Member Since Sep 2010
Default

but isnt vsa liquidity,as we are analysing volume with comparison,to price,we can see where the the aka smart money is(sprecialists,proffessional trading syndicates...)and with candlestick readings their intentions in the market


have a great weekend too,im looking forward to learn more from experienced traders posting here

hm i think i found my answer for monday,sell orders,shorts and low liqidity ,so high volatility is the result,just like trading in december when evryones on holiday
Reply With Quote
  #99  
Old Jan 15, 2011 3:11pm
Infractions Overload
 
Member Since Sep 2010
Default

Quote:
Originally Posted by Louie View Post
I think what Carnegie is saying is VSA is not of any value to a trader in the spot Fx market. Not all of the trades are going through a central location such as the stock market or futures market where VSA can be of some value if that is your way....
thanks for reply,i got a bit confused here,because im a big sleepyhead and dont pay attention too much,

i think its around that level because of the last supply level ,if u notice before it rose it up,when it was down,it hit a supply level on 1.3018then down a bit,and retraced ,to analyse supply i look at daily chart and mark supply levels from previous trend,to see todays reaction to it,

2 pictures,one from uptrend supply ,and the other from downtrend supply
the resistance is quite clear,this could mean
but if we look at the h1 chart we can see the bars closing in mid range ,and rising trend accompanied by high volume,buyers are in,supply absorbed,

but why does it keep stopping in on the supply line?,could the euro rally be supported by its debt auction this week,and spain italy nd euro countries getting help
Attached Thumbnails
Click image for larger version

Name:trendline on up chart.gif
Views:47
Size:23.1 KB
ID:617953     Click image for larger version

Name:trendline on downchart.gif
Views:35
Size:22.7 KB
ID:617954    
Reply With Quote
  #100  
Old Jan 15, 2011 3:21pm
Infractions Overload
 
Member Since Sep 2010
Default

Quote:
Originally Posted by FXSurfer View Post
IMO the more you try and turn what's being discussed (loosely) here into a pattern search - you start drifting off course.

Let's look at what IMO drifting completely off course would be:
(Static, hopeful, lazy mindset)
Identify a particular pattern.
Predict the future, place your trade and cross your fingers.

In contrast to:
(Actively engaged, aware of change, working mindset)
Working toward developing a market generated feed-back oriented view of the market.
Placing your trades within a discerned condition and holding, adding, exiting...
well said surfer,
heres a quote from jessie livermore
"THE game of speculation is the most uniformly
fascinating game in the world. But it is not a game
for the stupid, the mentally lazy, the man of
inferior emotional balance, nor for the get-rich-quick
adventurer. They will die poor."

"Actively engaged, aware of change"
this takes someone to teach u the importance of this,and also experience to activate the brain ,(theres a threat about this on ff,about our brain and subconcious mind),adopting to the market,as its a big jungle,where only the toughest survive,even the small bugs camouflage themselves to stay unseen,(absortion)lol
Reply With Quote
  #131  
Old Jan 17, 2011 9:28pm
Infractions Overload
 
Member Since Sep 2010
Question

whats interesting to me is that when i go back in history of the chart ,the last days of august are always volatile ,and are deadly for trendfollowers
i look back and i see the same volatility for the last 3 years,does anyone know why that is?
its abit like trendfollowing in december
Reply With Quote
  #132  
Old Jan 17, 2011 9:30pm
Infractions Overload
 
Member Since Sep 2010
Default

heres what it looks like
Attached Thumbnails
Click image for larger version

Name:trendline on up chart.gif
Views:54
Size:20.7 KB
ID:619326    
Reply With Quote
  #144  
Old Jan 18, 2011 6:04pm
Infractions Overload
 
Member Since Sep 2010
Default

dark star what is that?
Reply With Quote
  #146  
Old Jan 18, 2011 7:03pm
Infractions Overload
 
Member Since Sep 2010
Default

could the pending orders and the dropping price have something in common?

i reckon its absorption of stop losses ,thus creating more liquidity and buying cheaper
Reply With Quote
  #148  
Old Jan 18, 2011 7:06pm
Infractions Overload
 
Member Since Sep 2010
Unhappy

btw,what is latent,mm and tech?

what i got from google
present but not visible, apparent, or actualized; existing as potential

supply ,holders present?
Reply With Quote
  #180  
Old Jan 19, 2011 5:45am
Infractions Overload
 
Member Since Sep 2010
Default

the hell magic,to understand this ill read ur book,the echange book and all different book just to get the understanding

keep up the good work ds,cant wait 4ur book,its like harry potter for us traders
Reply With Quote
Reply

2 Traders Viewing This Thread (1 member)
InvisibleMore than 10 Vouchers
Thread Tools


Similar Threads
Thread Thread Starter Forum Replies Last Post
order flow Statistics on FF Isotonic Trading Discussion 40 Jun 6, 2011 11:28am
Order Flow ssteiner87 Trading Discussion 25 Feb 8, 2011 9:21pm
365 Trade: Finding the Flow Sifu Rookie Discussion 11 Mar 25, 2009 8:44pm
order flow Ricardo. Rookie Discussion 5 Aug 29, 2008 2:54pm
Order flow randomlight Trading Discussion 7 Feb 19, 2007 10:42am