Quote:
Originally Posted by Scotty B If you think about it, even the dealers at the biggest banks can only know so much...... |
First off thanks for the conversation, much appreciated. With all due respect I think we are looking at it from 2 different angles. I think you're going bottom up and I'm trying top down.
All we need to know is WHO, WHY, and WHEN.That's it.
If we know WHO is going to make the move, WHY they are making it, and WHEN, then we can put ourselves in position to take advantage of it.. it'll will be all over but the crying and ... and the crying is the resulting order flow and price action we see.
A fukton of money? You would make assloads of money if you knew that.
(4 fuktons = 1 assload)
If we know who, why, and when then we wouldn't care about charts, MD, T&S, DOM"s or anything. It's not like "trading" as we know it.
Gaston said once that most people see a currency as a chart, they don't see the country behind it or the politics, that stuck with me for some reason. These guys don't trade a lot and are real meticulous about picking spots.
I always felt they knew the who, why , and when and that is what I was trying to seek back then-- who, why and when. Order flow, price action, etc I felt was just a byproduct of the who, why , and when.
cheers