You make a valid point about using any signal once you understand the directional bias, but by using the signals you mention, your leaving a great deal of profit at the table. Would it not be better to exploit the short term order flow opportunities ...

Order Flow - Achieving the mindset

Just about all my trades these days are long term. It's a more advanced form of order flow trading though.

Order Flow - Achieving the mindset

Lol! You silly kids. It doesn't matter if you hide your stops or not; we know where they are before you do. If you want to avoid having them hunted, put them in places where nobody would expect them to be.

Hiding stop and limit orders

Most bank-to-corp transactions are done with forwards. The banks then hedge the risk of that forward through an offsetting position in spot. This is why discussions about notional volume are so horribly misguided. To give you an example of the ...

Order Flow - Achieving the mindset

It... Is... Done...

Order Flow - Achieving the mindset

Depends what you mean by data. If your asking can it be done without all the big banks and brokers providing you their orderbooks... the answer is definitly yes. Can it be done without knowing where traders have their orders? No... thats the whole ...

Order Flow - Achieving the mindset

You can use Bayesian Equilibrium for the outcome of the game scenario, but thats a later stage problem. Before you can solve the game you need to define the scenario. Who are the participants? What are their objectives? What strategies are they ...

Order Flow - Achieving the mindset

Funny you would mention that because the section of the book dealing with reading orderflow opens with an extenisve discussion of game theory. However, game theory, as it is traditionally applied, is basically useless for financial market ...

Order Flow - Achieving the mindset

Yeah, that wasn't the important part. You mentioned that you saw some divergence between them and acted on it for 80 or so pips profit. What I wanted to say was that you shouldnt get discouraged by the inability to convert what you did into a ...

Order Flow - Achieving the mindset

Damn... Cindyxxx posted something I wanted to comment on the other day... anyone know where I can find his post about the component currencies of a cross rising or falling? It was something about when e/j is rising and u/j is flat it means euro ...

Order Flow - Achieving the mindset

From the PM's I have been getting of late I can safely say that EmeraldEyes is on the money with regard to participants in the thread. For those of you who aren't deep in thought, I suggest reading the CFTC/SEC report on the flash crash at : url ...

Order Flow - Achieving the mindset

Depends what your trying to do. There is no "One way" to hunt stops or trade orderflow, so the answer will be highly contextual. Jones! - Yeah brother if you sent a request, your on the list (that goes for everyone who sent one in btw). And no it's ...

Order Flow - Achieving the mindset

I'm not disputing the point of your post, but I feel I should mention that that table of contents is total crap. The content and structure has changed probably 100 time since then...

Order Flow - Achieving the mindset

I've run into this same problem in the book. The solution I came up with was to seperate value into a number of different forms: Intrinsic value = The base value of a security. For stocks and the like it is 0. For currencies, because they are priced ...

Order Flow - Achieving the mindset

I'm not trying to imply that there aren't informed and uninformed traders out there. What I'm saying is that the line of demarcation isn't retail/institutional. There are informed traders in retail just as there are uninformed traders in insti, so ...

Order Flow - Finding cluster of stops on chart

The retail/insti dichotemy is a bit of a red herring. The fact is insti traders do the same things that retail traders do, just on a bigger scale. So if retail disapeared tomororw, you wouldn't notice much, if any, difference in the way price ...

Order Flow - Finding cluster of stops on chart

Fair enough. Sorry if I pounced on you. I just don't want the thread to devolve into another "this is all nonsense" argument. We had way too many of those with pipmongrel or whatever his name was...

Order Flow - Finding cluster of stops on chart

Ahh, this tired ass argument again... Let me rewrite your post so the assumptions your making are more obvious: Had you written your post like that you would have likely received a response pointing out why your assumptions are flawed. In the ...

Order Flow - Finding cluster of stops on chart

Not true. The Vacuum occurs after EVERY price change, but in most instances it is created and closed so quickly that it can't be detected with the naked eye. News events and the like create excessive price change. Because the price change is large, ...

Order Flow - Finding cluster of stops on chart

While I agree with your post in principle, this sentence is flawed. True value is the discounted present value of all known and knowable information about a securities worth. If you buy into the EMH, the current price should ALWAYS match true value. ...

Order Flow - Finding cluster of stops on chart