I would disagree. Algos do a lot more than momentum. You get momentum at all sort of points, top/bottom, S/R, Mids, small unimportant news, whatever. Most of those momentums are over the moment they are big enough to be visualized on such charts. ...

Money flows: Trading the strongest / weakest major currency cross

There is a problem with such momentum approaches. It does not honor the past in a correct way. It does not know if you are going against resistance, trading in air, headfake whatever. Also it dos not value time and such the most critical technical ...

Money flows: Trading the strongest / weakest major currency cross

Exactly. This will not make money. Classic buy high / sell low error. You might get the lucky follow through because higher tfs aligned from time to time but in general the heatmap approach with simple "trade the extremes" is not advisable. Well ...

Money flows: Trading the strongest / weakest major currency cross

Hard to give examples without you looking at the same kind of charting but maybe you will figure those out: Today approx. times for M2-M5-M15 timeframe breakouts: 7am GMT: USD overall short, GBP overall long, USDJPY short -> GBPUSD long 9am GMT: USD ...

Money flows: Trading the strongest / weakest major currency cross

I would be careful with that. It is the same like the heatmap. Actually the heatmap is a bit better in my opinion. Both have the same flaw though: When they show you currency X as strongest and Y as weakest you could be fooled to long X/Y but like i ...

Money flows: Trading the strongest / weakest major currency cross

Nice to hear. What do you want to know.

Money flows: Trading the strongest / weakest major currency cross

In a similar way but with real charts instead. I have a custom charting program for this which enables me to squeeze the major currencies with about 2x60 custom (synthetic + real) mini charts on one screen each. Such heatmaps are kinda kind of a ...

Money flows: Trading the strongest / weakest major currency cross

You can submit orders with TP/SL over the Java API. However you might be better of with FIX for a lot of things.

LMAX = revolution?!?

It's All Bollocks. The mind of great woman... "Look, if you want to torture me, spank me, lick me, do it. But if this poetry shit continues just shoot me now please."

Dating Tips for Traders

Have you already puked today? If not... wow. How is this supposed to fight white collar crime like execution manipulation that generates much much more profit than the money that has been lost in those cases? How does publishing strong financials ...

US broker PFGBest freezes funds after founder's suicide attempt

Biggest misconception in forex - which doesn't mean it cannot / will not happen. But not because of that fact. That is the #1 account killer "fact".

Aussie Trading Room and Cartoons Gallery

Spot on. Put the gold correlation aside since it is highly depended on certain market conditions / manipulations. EA is the way to go. Just like AJ, AGBP, ACAD.

Aussie Trading Room and Cartoons Gallery

Getting there. GU opposite bounce would help. AUD pretty inflated here. Most big moves come out of more or less equilibrium so corrective bounces on the lowers can be expected first but not necessary.Line in the sand around 1.50-1.5010 which was ...

Aussie Trading Room and Cartoons Gallery

First bounce based on GU. AUD bullish structure still there but eroding as long as audeur not breaking 0.8555 +- level. Getting more unlikely.

Aussie Trading Room and Cartoons Gallery

Hi everyone, running into hourly resistance on audeur and gbpusd here although it wants 1.0560 range which would probably validate the h1 breakout and gun for even higher.

Aussie Trading Room and Cartoons Gallery

2350 can well be in play above 2270-75

EURUSD

GU EG next one maybe final one

EURUSD

Still neither shorting nor longing this. Right in the middle.

EURUSD

Just relax...

EURUSD

Not as tight anymore

EURUSD