After the last major BOJ intervention I calculated it out to ~$28m per pip... so 100 pip move = $2.8 yards or so. Thats a big order but not all that uncommon for the pair. Course that kind of size is usually run off with limits...

Order Flow - Achieving the mindset

The great thing about math is that it always has, and always will, work in precisely the same way. If you spend more then you earn, you have to borrow to do so. When the costs of your borrowing exceed your ability to service it, you go bankrupt. ...

US Debt Ceiling Crisis Thread

Ya know who else filed for personal bankruptcy? Abraham Lincoln (16th US President and the face of the $5 bill) Thomas Jefferson (3rd US president, Founding Father, and the face of the $2 bill)) Ulysses S. Grant (18th US President and face of the ...

US Debt Ceiling Crisis Thread

FYI, thats a patently false Democrat talking point. I love Bill Clinton but the fact is he only managed to produce a "projected" budget surplus. It never materialized because the dotcom bubble burst and the inflated tax revenue it was producing ...

US Debt Ceiling Crisis Thread

Ya know, I probably would, but its a pointless exercise. You have created an unsolvable problem. Could I defend price action? Sure. In fact I already did with my post about pinbars. But that answer was blown off becuase you want to narrowly define ...

Price action is dumb, and you're lazy for thinking otherwise

Ahh yes, the tired old argument of an aspiring trader. Can I assume you advocate your friends and family pass up promotions and overtime at their J-O-B as well? I mean after all, they already earn a living... why waste their time and effort? Sure, ...

Price action is dumb, and you're lazy for thinking otherwise

Of course they can occur for other reasons. They also frequently fail. My point was that they work >50% of the time because there are inherent reasons for them to do so. The OP was saying that pin bars only work if/when pin bar traders see and trade ...

Price action is dumb, and you're lazy for thinking otherwise

Were you talking about something like a H&S pattern, trend line, or S&R level, your argument would be 100% accurate. Failure of large numbers of participants to subscribe to a particular outcome will engender a failure of the suggested outcome to ...

Price action is dumb, and you're lazy for thinking otherwise

Liquidity represents the option for market participant to execute orders. Ergo, limit orders (and stops) ARE liquidity. If you reduce their availability for any reason, you have reduced liquidity. Market orders are not liquidity. They only match ...

Order Flow - Achieving the mindset

Yeep

Order Flow - Achieving the mindset

Huh... guess I just deleted the post cotent on the 4th. The whole thread didn't get whacked until at least the 8th... Ohh well... close enough.

Order Flow - Achieving the mindset

Lol.. high level ninja convention tonight... 11 members viewing the thread 9 invisible... 4 of which are 7v+.

Order Flow - Achieving the mindset

I have run into a few who made copies. Not many though. And no.. I scrapped the guppy stuff back in early 07 I believe. Became just a distraction after awhile.

Order Flow - Achieving the mindset

As promised: Ohh Sweet Liquidity Enjoy

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

Ohh Sweet Liquidity Enjoy

Order Flow - Achieving the mindset

One for each book request I get.

Order Flow - Achieving the mindset

Well, for one, its a pretty big list. Two, most people haven't submitted their full (or real) name. I have like 15 Daves, 9 Johns, 6 Mohammeds, and thats just off the top of my head. The only way to differentiate them is by their email addresses and ...

Order Flow - Achieving the mindset

It will be soon.

Order Flow - Achieving the mindset

Just an FYI for anyone who submitted a book request in the last 3 weeks, you might want to resubmit it. Seems there was a problem with the form and I didn't receive some of them. Sorry about the inconvenience.

Order Flow - Achieving the mindset

I STILL don't understand delta hedging. Any good resources you can reco for achieving that "ah-ha" moment?

Order Flow - Achieving the mindset