AUDUSD is a good buy, but not right now. I wouldn't buy it anyways. At certain places, floating profits become heavier than yields and the market will flush and THEN re-accumulate. I'd certainly buy at .95 down to .9 and hold back to parity though.

Order Flow - Achieving the mindset

Why would news move a market? Is it some moral duty of traders worldwide to trade in such a way that causes a market to reflect current value? Is that why people trade? From my own understanding, a market is fundamentally setup to produce a natural ...

Order Flow - Achieving the mindset

I hear you, man. You've been at this almost as long as I have, you know it's not easy, especially the obscure stop hunting elusive technical orderflow pie in the sky strategies. I feel kind of like I've chased my tail for 2.5 years until I realized ...

Order Flow - Achieving the mindset

This is exactly the thing you guys need to be doing if you want to base your trades on this sort of thing. Also, what is the difference between not having the stats v.s. having them? Both will require your faith. If you have the stats, however, you ...

Order Flow - Achieving the mindset

I'd be careful with any short term fluffy trades. The market could be somewhat erratic through the start of the week as it digests and processes the new developments in the Middle East, Japan, ect. My big question is now what 1.4 will mean to the ...

Order Flow - Achieving the mindset

Hi Ian, Welcome to the Factory! Let the finance firms laugh. Trading isn't about college degrees (although congrats on your upcoming graduation), or working for this firm or that one, it's an untouched land upon which it's your job to make things ...

College Grad Looking to Make as a Trader

url Different countries approach disasters differently, and Japan can't really take their rates much lower, but NZD lowered rates to help with their own recovery. If Japan lowered their rates, the down trend in usdjpy would likely intensify.

Japan Earthquake good for JPY?

That's the beauty when it comes to "value" in the marketplace. I believe the rate will rise until a better option comes along. Say for example that it takes 3 more years for the US to really start showing strong signs of recovery. Even if Euro made ...

The "End Of QE2" Trade

A Second Wind... — If nobody has noticed, I've had en epiphany when it comes to orderflow and value. Value is not fixed, it is not one price. Value when it comes to trading has to do with the sign of the position (long or short). I have for ...

Stating The Obvious and The Quest For Wisdom

Good analysis. Despite the fact that event traders have priced in the chance of a rate hike in EU, long term traders are also building positions to carry. If EU does increase rates, money will will begin flowing into EU for the rate differential + ...

The "End Of QE2" Trade

Good to "see" you round these parts, man. I hope everything is going well.

The "End Of QE2" Trade

Oh yeah, what part of the corn country are you in? I'm in Lincoln, NE.

The "End Of QE2" Trade

For the foreseeable future, there will not be much incentive to hold the Dollar. Right now investors would be paying to hold it, not getting paid. In this situation, investors would be pinning their prospects of a profit on rate change alone less ...

The "End Of QE2" Trade

One more thing about the Hunt brothers..Mark Andrew Ritchie's book, "God In The Pits" (chicago futures pits), gives a first hand account of the Hunt family silver corner since he stood shoulder to shoulder with them. I highly suggest the book. Him ...

Order Flow - Achieving the mindset

Careful...When rumors of the US raising interest rates start to appear and the fed is done digging their debt hole, then you might have a shot. The metals are going to brutalize a lot of people very quickly when the US recovery germinates and begins ...

Order Flow - Achieving the mindset

Thanks for the links, Adal. A word to the wise, never mess with Adal!

Order Flow - Achieving the mindset

In the interdealer market, i.e. the interbank market, hidden orders are not permitted. You are showing me example of ECNs, not the interbank market (EBS,Reuters). But sure, in the second tier of the market (ECN's) traders can submit all the hidden ...

Order Flow - Achieving the mindset

Nope, they're not. A large ECN would allow them though. I bet all the players get all amped up on iceburgs over there. See page 6-7

Order Flow - Achieving the mindset

As prices fall in EU, I'm watching the 1.3450-3650 region for firm bids. I'm tying this into the Goldman's prediction putting EU at 1.4 within a month, up to 1.5 within a year. Also, EU promises to burn the fingers of those who bet against the Euro. ...

Look mum no charts!

I think this is what you're talking about: url

Order Flow - Achieving the mindset