It's starting to curve, but thats one nasty looking chart. Could go either way so I'm gonna stick with "no comment".

Stating The Obvious and The Quest For Wisdom

For anyone who is trying to parse my "feel" tangent, this is a critical component. I don't think you can get any real feel from the market unless you passionately look at a ton of charts. The only way to get that done in any resonable amount of time ...

Stating The Obvious and The Quest For Wisdom

I didn't want to comment until I talked to twee about the rules, but he's either slacking or ignoring me. Yeah as has been pointed out, I'm contemplating doing just that. If you have feedback on the subject I would interested in hearing your ...

Stating The Obvious and The Quest For Wisdom

LOL... or maybe it could just be that I was talking up a euro long and threw a trade on to make my point. I don't even know what the candle looked like when I put it on.

Stating The Obvious and The Quest For Wisdom

You have a quote somewhere to back that up? I just talked to him last week and he gave me a different impression.

Stating The Obvious and The Quest For Wisdom

Eff it, 2m Eur/usd buy at 1.3673, tp at 1.4200, no stop. I'll put my money where my mouth is. Wish me luck...

Stating The Obvious and The Quest For Wisdom

Yeah I guess I've gone off on a tangent. The problem is you guys are asking me how I trade or what I think and we are at different places. I should just stick to commenting on other peoples thoughts...

Stating The Obvious and The Quest For Wisdom

For me, it isn't that there isn't enough data intraday, its that I no longer want or need to spend my life sitting in front of my computer. Nobody has ever asked me why I left FF long ago. I won't go into all the details but I will say that being a ...

Stating The Obvious and The Quest For Wisdom

This all comes down to how you want to trade. If you’re looking for an ea type of system that boils down to "if x do y" then you’re wasting your time with orderflow (and I would argue trading in general). I can't tell you why the euro chart says its ...

Stating The Obvious and The Quest For Wisdom

[/SIZE] Its a question of time. On an intraday basis stops/options/large orders are the biggest driver. On the longer timeframes macro factors play a bigger part. The mechanics don't change, but it DOES take a lot more activity to get somwhere. That ...

Stating The Obvious and The Quest For Wisdom

One can never know if you’re right or wrong until after the fact. Looking at the euro I think shorting for any length of time is extremely dangerous. I can't tell you why but that daily chart looks like it wants to turn up. I see a 4200 print in our ...

Stating The Obvious and The Quest For Wisdom

Easy.. his psychology is all screwed up.

Stating The Obvious and The Quest For Wisdom

The things I was doing back in 2005-07 were short-term high yield inefficiencies that couldn't withstand large numbers of other traders emulating me. The things I do now and that scotty is thinking about aren't as susceptible to the same ...

Stating The Obvious and The Quest For Wisdom

Orderflow trading is a mindset. Once you have the mindset, finding inefficiencies becomes easy. There are many ways to use it intraday to collect 20-30 pips at a clip, (and this useto be my primary income generator) but you can also use it to take ...

Stating The Obvious and The Quest For Wisdom

Its up to you to decide which clues are red herrings and which are critical to the methodology.

Stating The Obvious and The Quest For Wisdom

Good eye brother, good eye.

Question about large orders

OK I haven't finished reading this thread yet, but I want to weigh in on a few things... First off, this has to be one of the best threads I've seen in a LONG time. You all seem to have really thought about the subject and for the most part you all ...

Stating The Obvious and The Quest For Wisdom

Well thats kind of sad. You guys spent like 7 months working on this stuff and didn't come up with any conclusions. Anyone still interested in the subject?

(binned per thread starter's request) Behind Price-Orderflow

19 posts and not a single mention of risk adjusted return? Pathetic what this place has become...

How do you gain, and measure, your trading system's statistical edge?

Depends on what you define a lot as. In retail that can be $1000/lot, 10k/lot, or 100k/lot. On the interbank lots are in $1m. $200m on eur/usd during US morning could be consumed fairly easily without moving price. $2b? Thats gonna generate some ...

Large Order