(Shrug) We would have to find one and ask him. I've never met another one...

Stating The Obvious and The Quest For Wisdom

Perhaps, but I'm not about to start competing with Bloomberg for the best "after the fact" interpretation. What I'm doing is predictive and while it may be totally misguided, I still managed to use my interpretation to make money. When was the last ...

Stating The Obvious and The Quest For Wisdom

The first tip off was the fomc decision. The rejection of 3800 was the clue there was an option there. Once I knew it was there, then I started looking for clues that someone was hunting. The volicity of price movement in what should have been an ...

Stating The Obvious and The Quest For Wisdom

Now one could still argue that all this orderflow stuff is little more then BS, but I would find it hard to take the criticism seriously. If you go back in the thread, at 12am I was calling what would happen 3 hours later with some damn good ...

Stating The Obvious and The Quest For Wisdom

Morning Gentleman, A few interesting things happened last night. Here is the chart that I will be discussing: http://www.darkstarforex.com/stophunt.png First off, you will recall that the hunters were going to try to defend 3777. My expectation was ...

Stating The Obvious and The Quest For Wisdom

Damn, I failed to mention something.... dont assume that these participants are taking lunch at this point. They are still batteling but the line in the sand will be on the short side until london. The hunters will need to defend ~3777 to keep the ...

Stating The Obvious and The Quest For Wisdom

well.. its mission acomplished for this stage of the game.. we got a higher high and a higher low. Now well get a pullback while the hunters free up capital. Things will pick up again ~3:30am est with another up move. London open will take us ...

Stating The Obvious and The Quest For Wisdom

On the defense math look at it like this... $1,000,000 position = $100/pip. Now pretend you have $100m on the line with that option. How much money would you be willing to commit to saving that $100m? My guess is 10-15% of the option value, so ...

Stating The Obvious and The Quest For Wisdom

Yards = Billions And yes that on a 100m option. a $1m position held for 30 pips = $3000. 100m / $3000 = 33,000. Anyone find a rumor on the size of that option?

Stating The Obvious and The Quest For Wisdom

I cant find the post but someone mentioned IFR has a soverign selling euro at these levels. Thats strait up BULL SHIT. Why would a soverign step in here? If anything, soverigns like stability and were moving back INTO the longer term range. This is ...

Stating The Obvious and The Quest For Wisdom

There stops are immaterial. There probably defending a 100m option. Defending a 30 pip buffer, they can afford to commit up to 33 yards defending it before the defense costs them more then they would save with the option. They likely aren't ...

Stating The Obvious and The Quest For Wisdom

Yes and yes. That pin bar occured over a period of about 10 seconds. I don't have access to a DOM these days, but I'd guess that order was at least a couple yards.

Stating The Obvious and The Quest For Wisdom

Its also good to note the time... this is an easy one to spot because were getting a lot of movement in a relatively illiquid trading period. My guess is that we won't break through until the european open. Right now the hunters are trying to build ...

Stating The Obvious and The Quest For Wisdom

Thats a hell of a wall. The hunters are going to need more help to pull this off. Over the next hour or two I expect to see a common technical pattern emerge that will entice spec traders to get in on the move. Likely just a higher low and ...

Stating The Obvious and The Quest For Wisdom

Theres a stop hunt going on in eur/usd right now if anyone cares to watch. You can see what happens when stops are tripped at ~1.3805. Given how short the market is, it should be a good one.

Stating The Obvious and The Quest For Wisdom

On currenex it was configurable. I usually ran it on 25 pips either direction.

Stating The Obvious and The Quest For Wisdom

Computer services and real estate. While not directly responding to Scotty, there is a post above about me putting up some charts with my thoughts and analysis. This is a great idea and I plan on doing so a bit later. I'm busy with other things at ...

Stating The Obvious and The Quest For Wisdom

I think you could gain a great deal of insight from a futures DOM, but yeah on spot you need an institutional platform to see anything meaningful. The retails DOMs are an illusion.

Stating The Obvious and The Quest For Wisdom

When I was a student none of this even existed. I had to build everything I'm talking about here from scratch. That work made me who I am today and I believe anyone who follows in my footsteps will have to do the work as well. Sometimes the student ...

Stating The Obvious and The Quest For Wisdom

Its all of the above. Any data that you can get will help you in making decisions. Which would you rather have? Just a chart or a chart with ifr rumors, cot allocation, etc? The more you know about the people your trading against, the more informed ...

Stating The Obvious and The Quest For Wisdom