Lets not stray toooooo far from common sense now. Different time frames can tell you a lot of different things. Scale is important. Think about that...

What time frame do you trade and why?

You need to educate yourself. The more informed you are the better trader you will be. You will find that as you put in hard work studying , you'll become more qualified and confident in many areas of your life. I would start with the basics. Google ...

Does anyone feels the same way? Need Advice....

Hedge Funds along with other leveraged spec funds determine where the market will go. All they have to do is trade and wait. Trading profitably truly is an information game. Retail traders on average are uninformed and lose their money. The reason ...

Market facts

Having many time frames is important for the sake of scale. If you are simply trading sentiment and you hold the conviction that EU will likely be trading around 1.25 in 3 months, then you don't even need a chart, just look at the quotes and make ...

Illusion of Time(frames)

The market stands ready at all times to punish the fool. If you trade irresponsibly, you might "make a lot fast" but the market will always take it back. DD means you are wrong in your trade, you are trading against the flow. To me, 10 pips DD is no ...

Drawdown Control?

You can figure out an awful lot with free .csv price data and an outdated version of excel. Us forex traders can glean a little clearer picture of whats going on in the market using futures data, but price and quotes are really all we have to go on. ...

How to properly use Technical Analysis

What about running the stats on these statistical studies? Once you find certain sweet spots in the market you wait to see if the flow is there. Not hard really.

How to properly use Technical Analysis

“There are many, many angles at which one can fall but only one angle at which one can stand straight.” G. K. Chesterton

Technical Analysis Fallacy

exactly. You never know WHO is behind a price move, but the current market enviroment suggests that buyers will pick the market right back up. I don't think we'll see much below 1.45 if at all. I'm personally watching 1.4550. I'm targeting 1.5 and ...

(binned per thread starter's request) Behind Price-Orderflow

Amen!

(binned per thread starter's request) Behind Price-Orderflow

This idea is very simple. Open interest will at times liquidate in large batches depending on what's going on in the market at any given time. When you have a floating profit on a trade and news comes out suggesting for example, a possible change in ...

Myth busted: FOREX doesn't have directional bias

There is definitely a danger in markets like FX, wherein you have conditions favorable for attracting compulsive gamblers.

forex addiction - whats your opinion?

Kavaljit Singh jdlkjdf sekfxjng;ls ghsjjgr

What do you absolutely know about the Market?

Seagreen, I have faith that you're gonna make it! In the real world, people care about trading costs. What you've just demonstrated is monumental. There are large funds who move money in and out of countries, they produce the orderflow that you and ...

Order Flow - Achieving the mindset

That's right. The vibe that the central bank president gives is that foreign money is not welcome in Turkey. Rates are at rock bottom lows, however, they are still quite attractive relative to other currencies. Goldman Sachs said a couple weeks ago ...

Order Flow - Achieving the mindset

Scotty B Flow Model — The Dashboard is vital to my decision making. Thought I'd share it. Took me a Half a weekend to get it all linked up. I want you all to check it out and lets discuss over the next few days what it means. The highest ...

Order Flow - Achieving the mindset

Hello Lumesh, First off, I admire your thinking and analysis. I appriciate that you've thought through these things in a way that makes good ole common sense. My only problem with your view is that I don't beleive the world collevtively does things ...

Order Flow - Achieving the mindset

What you see in EU is profit taking. If Greece was booted out the Euro would only strengthen further. Because nothing significant has changed in the relationship between the Euro and the Dollar, I think the Euro will only continue to strengthen. ...

Order Flow - Achieving the mindset

To be more clear, I wasn't calling the poster a moron, I was referring to people who spend all their money on gold. Sorry for the offense. The portion of his post that I originally posted was what I was responding to. I don't think it's a stretch to ...

Order Flow - Achieving the mindset