The topic is so complicated and involves gathering information from so many places that there will probably never be thread that adequately explains all it's aspects. With all the microstructure jargon involved, it's hard for the average trader to ...

Order Flow - Achieving the mindset

Yes, I second this. AU doesn't need anymore crazy weather this year. God bless Australia.

Look mum no charts!

Adal, One question about your studies. How many recommendations is your Euro plot based on?

Look mum no charts!

Monroe, Here are the links. Google usually lists the Goldman recommendations in their news feed on Google Trends. Look at the dates, look at the links to Reuters. url Adal, I don't think I'll ever get one past you. Thanks sir, yet again.

Look mum no charts!

Just something I find interesting. Goldman said on the 13th of January that they were long the EU to 1.37, in a follow up article on Reuters they reported closing the long and waiting on the sidelines, but names targets of 1.4, 1.45, and 1.5 within ...

Look mum no charts!

A couple things come to mind... video video

Trend Lines Don't Work

I can't necessarily say that the institutional liquidity consumption is constant, I couldn't know that unless I saw their programs. I believe that they will most likely hit large asking prices along the ride up and leave a trail of bids behind them ...

Trend Lines Don't Work

Emerald, TL's needn't be complicated. They just make sense of price in time. If the market is buying over all, you could draw a TL from the starting low to the most recent low and have some idea of the speed of the market. Institutions sometimes ...

Trend Lines Don't Work

I'd say he got his wish. I don't sense any vitriol in the responses in this thread. I certainly don't get emotional because of a forum... NY made a blanket statment, didn't back it up and his statement was challanged. Nothing wrong with that because ...

Trend Lines Don't Work

I want to add a footnote to your post, OQ. When you talk about a trader following his rules, you are talking about a trader who is exploiting a known edge. I only add in the obvious because it's not so obvious to some. Many come from the land of ...

Trend Lines Don't Work

I'm surprised to see no statistical argument here, OP. I thought you were the resident charity statistician. Surely you can define some rules for the trend line methods you are shooting down and run the numbers. You seem a bit out of character. Is ...

Trend Lines Don't Work

Yeah, that Harris paper is a good one. The author of this paper is the Larry Harris of Trading and Exchanges, for those of you who care to know. I highly suggest all of Harris' work. There is more to be found with a google search, while you are at ...

Order Flow - Finding cluster of stops on chart

That's exactly right and the reason Darkstar's book is over 200 pages so far. I've mentioned before that if the market knows where there are stops, it's not necessarily going to activate them and cause a surge in price, in fact, what I would do if I ...

Order Flow - Achieving the mindset

Thats why they call them LIMIT orders. If you are talking about the dealer, then his only option is to submit a market order to divulge his risky inventory, I suppose the same holds true for anyone trying to exit or enter with a limit order. If ...

Order Flow - Achieving the mindset

Sure, I'd buy and option up there. Maybe it was Goldman's... Just read that this supposed option was taken out. "according to traders." lol

Order Flow - Achieving the mindset

Any old chart will do. Is price resistant to some level or small range? (Range generally < 15 pips?) Let's get theoretical here. Thinking in terms of orders(orderflow mindset), markets and limits, what would some really intense limit orders in some ...

Order Flow - Achieving the mindset

I'm lovin' it.

Order Flow - Achieving the mindset

I was worried in the other thread that you had no clue who Jim Jones was. I couldn't resist having a little fun with it. No problem with the spreadsheet. I hope it helps some folks understand a little more. Futures..Yes, I look to the FX futures for ...

Order Flow - Achieving the mindset

News is often times priced into the market before the announcement. Unless the numbers are shocking, then the move will be faded.

trying to understand news in respect to trading

I stand corrected, gentlemen.

Order Flow - Achieving the mindset