I don't think there's a straight answer to your question. Just watch these option plays for some time and you'll get a feel for your entry. I'm not an option hunter myself so I can't comment on this. BTW, where did you get the info about 1.4125 ...

Order Flow - Achieving the mindset

There's no hunt as far as 70 pips away from the level. Just imagine how much funds the hunter would need to push the price 20 pips and 70 pips. If the market happens to be around the option level then the option writer will be interested in the ...

Order Flow - Achieving the mindset

Hunters are there to hunt the weak traders or, to be more exact, those who are in a weak position at the moment. They don't hunt retailers as a group or commercials as a group. They are in the market to make money with minimum risk and this is ...

Order Flow - Achieving the mindset

A few years ago it was called unwinding of the carry trades.

Order Flow - Achieving the mindset

Dont' worry, he'll give you a copy and I'll tell you why. The main reason DS is writing the book is to make a lot of people hunt the stops which will generate a lot of hunter's order flow and then he'll just hunt the hunters.

Order Flow - Achieving the mindset

Thanks for letting us know, I wasn't going to go to sleep until I read the intro. Now I can.

Order Flow - Achieving the mindset

Normally BOJ would be defending 80 level, but who knows how they see the situation now.

Order Flow - Achieving the mindset

USDJPY — It looks like a pure stop hunt in illiquid market, not intervention.

Order Flow - Achieving the mindset

There was another one on IFR about Japan's foreign investment. Half of it is in the US and I think that explains massive selling of USD across all USD pairs.

Order Flow - Achieving the mindset

I'm sorry but this article is total bs. Two traders enter at the same price but in different directions and both win. It is possible but it doesn't prove that fx is not a zero-sum game.

Game Theory in Trading

I don't know. Darkstar said you can get some useful info from Level 2/DOM but I have no idea what he was talking about.

Order Flow - Achieving the mindset

Thanks man. 10 best bids/offers is too little, only good for scalping. I remember darkstar was talking about 20 or 25 pips each way.

Order Flow - Achieving the mindset

How far does the Dukas books show? Could you post a screenshot? I remember when I had a Currenex account with ADM the book was filled with 1/10 pip quotes so you could only see 2-3 pips deep at best.

Order Flow - Achieving the mindset

I don't understand why you would want to get back in after your stop is hit? Do you mean to get in the trade at the same price where your sl was?

Order Flow - Achieving the mindset

I know, just wanted to mislead the people. But seriously it is a very good idea to think in terms of (almost) impossibility of hitting your sl before placing a trade.

Order Flow - Achieving the mindset

500 pips SL and 5 pips TP. I do it all the time!

Order Flow - Achieving the mindset

Well, that I understand. I just couldn't find an example when I would know in advance where others will start executing market orders.

Order Flow - Achieving the mindset

Looks like the strategy explained, thanks a lot, grkfx. Can you give an example of the last paragraph about aggressive market orders? I just can't imagine such a situation. If you know in advance where others will execute their market orders why ...

Order Flow - Achieving the mindset

Another thing to keep in mind is that limit orders with market making brokers are not real limit orders. For example, if you set a sell limit order at 100 in the real market it becomes ask as soon as the price gets to 99/100 (lets say the spread is ...

Order Flow - Achieving the mindset

Any ideas to locating thin liquidity? As DS said vacuum appears only for a short period of time and cannot be exploited by itself. We can make a guess about concentrations of liquidity and mark them on chart. Then the empty areas would be areas of ...

Order Flow - Achieving the mindset