Is anyone interested in shorting CHF? I don't trade it much but I think now is a good time.

Order Flow - Achieving the mindset

AUDJPY is a carry trade pair and it also correlates with stock market. Both carries and stocks tend to create bubbles that inflate gradually and burst quickly. With inverse pairs like JPYAUD it will be the opposite. So, there is such tendency but ...

Myth busted: FOREX doesn't have directional bias

Why don't you try AUDJPY?

Myth busted: FOREX doesn't have directional bias

Buying pressure is consuming limit sell orders, correct. If you're really interested in the subject then Trading and Exchanges by L. Harris is a great book for you. Also you could try marketdelta.com (or watch their videos)(or watch DOM on an ECN) ...

Orders consuming and providing Liquidity

For you - yes. For dealers it's sometimes the opposite.

Orders consuming and providing Liquidity

Man, I never read your posts and I don't know why people don't like you here. But I'm starting to not like you too.

The Random Entry

Short USDJPY on Friday June 3rd 8:29:59 am EST

The Random Entry

But still, you're giving out some hints. I'll take it as a puzzle.

Whats really moving the market today?

Which one of those indicators really moved the market yesterday?

Whats really moving the market today?

Due to my lack of knowledge of the subject I have no choice but to accept what you're saying, bug. Before you replied I had an idea of my own but I won't say it here, at least for now. Let's see how the things turn out in the following months. If my ...

Whats really moving the market today?

Bug, thank you for such comprehensive answer, to be honest I wasn't expecting anything like that. From technical perspective it all makes sense now but I'm still surprised that Fed and ECB have such a strong divergence in their approach to monetary ...

Whats really moving the market today?

Has anyone found it strange that ECB is hiking rates (considering all EZ periphery problems) while the Fed is still doing QE2? Here's comparison statistics for EZ and US. Country_GDP Growth_ Interest rate_ Inflation rate_ Jobless rate USA ______ ...

Whats really moving the market today?

Yes, this was probably the cause of USD weakness today. Thanks for the link, bug.

Reminiscences of A Forex Speculator

Yeah I got that part, Trizzle. Actually fading good news in negative environment (or bad news in positive) is a good strategy. And this is why shorting EURUSD after the aggregate GDP would be a good idea; but only because EURUSD was already in a ...

Reminiscences of A Forex Speculator

I see what you mean but I think you're wrong here, bug. Flash news traders who could really move the market were well aware about the previous releases so they were expecting better numbers (better than 0.6%). Maybe the numbers came out not as good ...

Reminiscences of A Forex Speculator

I think you overanalyze the Euro situation a little. Euro has shown some weakness on less hawkish Trichet comments last week but since then EURUSD downfall is dominated by dollar strengh. Now this dollar strengh came as a retrace after prolonged ...

Reminiscences of A Forex Speculator

GPBAUD. Selling one lot (100,000) on Oanda will produce $16.29 interest a day. Each pip drawdown is $10.56. Spread - around 5 pips. So, holding this pair short for 3.25 days earns the spread, holding for one month makes up for a drawdown of 41 pips ...

Order Flow - Achieving the mindset

So you've digested all the material suggested here, spent thousands of hours working this thing out and still believe you need more guidance?

Order Flow - Achieving the mindset

I hope you understand that an edge that allows you to risk 15% of capital (thus being a really good edge) will not be discussed and explained here. I also hope you'll keep it to yourself if you find one.

Order Flow - Achieving the mindset