Short term you’re looking for execution inefficiencies. One thing I can mention (which doesn’t work anymore) was off market limit orders on currenex. Currenex use to have an execution error that in time of high vol, you would get a fraction of a ...

Stating The Obvious and The Quest For Wisdom

Thats exactly what this thread was. As far as the current conversation goes... if people can make money daytrading with TA then thats awesome. When I was a daytrader I made my fortune trading orderflow. No TA, no charts. There ARE inefficiencies in ...

Stating The Obvious and The Quest For Wisdom

I think the problem is in the way you phrase your challenges. There is a lot of passive agressive behavior in your writing. Its almost like your angry that nobody has noticed how much wiser and smarter you are then everyone else. Your not actually ...

Stating The Obvious and The Quest For Wisdom

Pip man, there are no mantees here that need saving. You don't need to go all passive-aggressive on the thread. Some people see value in whats being discussed and I'm sure there are lots of people who don't. If you can make money doing S/R ...

Stating The Obvious and The Quest For Wisdom

All the data out today was bad. The drop in price was a risk aversion flow towards the dollar. On the short timeframes its not real pretty, and I can easily see another dip to stops below 3620. Failure to take out the 3620 level would be a great ...

Stating The Obvious and The Quest For Wisdom

If I had to summarize the point of this thread, it would come down to the old Chinese proverb: I have posted enough information on this forum to take someone from novice trader to profitable professional, but you still have to be the one to cast ...

Stating The Obvious and The Quest For Wisdom

LOL! Dude, the stock market is a mechanism that allows the underlying companies to raise capital. Period. The idea that it was designed to help you save for retirement is nothing more then the sales pitch that gets you to give these companies your ...

Got into a discussion with someone, he says forex is inherently a losing game

I have no idea what those people do... never studied them.

Stating The Obvious and The Quest For Wisdom

Options defense pre 3800, combined with an exhaustion of the daily move (130+ pips by that point? That’s about the most eur moves on an average day) created your "brick wall". Its going to take a meaningful allocation of capital to get through those ...

Stating The Obvious and The Quest For Wisdom

[/B] You’re mixing two concepts here. There is the concept of trading orderflow, which requires things like option placement data and open interest at price levels and the concept of technical trading based on valid market mechanics. See below for ...

Stating The Obvious and The Quest For Wisdom

Thats a convoluted graphic, but yeah I think you got it.

How the markets are working?????

This is a very important question your asking and I encourage you to give it considerable thought. As pipmutt said, it is a question of what price participants are willing to buy and sell at. If more people want to sell at a given price then there ...

How the markets are working?????

The older I get the less motivation I seem to have to write.... url Read that and just consider it my response to this thread. If you still want to debate, I'm down.

Got into a discussion with someone, he says forex is inherently a losing game

Where, prey tell, does this mythical 10% imbeded return that traders fight over come from exactly? Company Dividends? The SEC? God? Can you explain to me what would happen if monday morning EVERY owner of EVERY stock on the exchange tried to sell ...

Got into a discussion with someone, he says forex is inherently a losing game

This is a contradiction... Even with your confidence game explination, at the height of the market, whoever is holding the stock is going to take the losses that offset everyone elses gain. Someone still loses, it just might not happen on the same ...

Got into a discussion with someone, he says forex is inherently a losing game

Yes well, come back in two years and tell us how that search worked out for you.

Are there any full-time traders that are living off the FOREX profits?

The guy your talking to obviously hasn't been investing in stocks for very long. He makes a HUGE leap of logic to assume that since the market indicies have increased an average of 8% over the last 30 years that the underlying product must have done ...

Got into a discussion with someone, he says forex is inherently a losing game

Hey now, just cuz my form is ugly don't go assuming I can't write code. I think I program pretty damn well for no training and < 1 year experience.

Stating The Obvious and The Quest For Wisdom

As I pointed out earlier I can't think of a single trade I've lost in the last year. Thats a bit misleading though because I just don't take losses. We would be getting into some really advanced trade management concepts so I don't think I want to ...

Stating The Obvious and The Quest For Wisdom

11 pip

Stating The Obvious and The Quest For Wisdom