I played an MMO that had a free market in highschool. In the game crafters would provide items for players to purchase through an exchange(auction house). Crafters had to compete with others to profit. Supply/demand controlled prices. When there was ...

A Discussion on Trading

Sweet calendar bug. I knew hedge funds would be on this one. The SNB may have bitten off more than they can chew. Hedge funds want their money and on top of that investment banks are holding their options. That's mean money right there. Nice game ...

Reminiscences of A Forex Speculator

Interesting article from reuters I picked up off fxlive.(Link) Looks like the SNB might be using options to leverage their money. Imagine the size of those stops! "Double-no-touch options with downside barriers at 1.18/1.19 have also been cited that ...

Reminiscences of A Forex Speculator

That trade reeks of smex EE.

Smexy Trades

Mine and your trading style are wildly different(I rely heavily on prediction) but I do think we share a similar opinion on S/R. I don't know anything about supply/demand zones or BBs or why people use them and I don't see a point in commenting on ...

Debate on technical tools

This seems to be blowing over everyone's head. Can we talk about S/R instead redlion? I don't really know shit about indicators so I can't add to that discussion. If you don't mind I'd be interested in hearing your opinion on S/R first.

Debate on technical tools

Always a relevant read bug. Thanks for sharing. Good to hear something nice about one of the piigs

Reminiscences of A Forex Speculator

today was fun. . . image

Smexy Trades

A whole fucking lot IMO. Edit: Now I don't have an opinion in this 6 figure account debate but if you want to come to a reasonable conclusion you have to take liquidity into account. Like Eurotrash pointed out earlier the liquidity is spread ...

Confused about stop hunting

He was referring to spot turnover. The 4 trillion dollar number is the turnover of the entire foreign exchange market. Copy/paste from wikipedia. From the BIS survey Here's the survey to anyone interested. . . url

Confused about stop hunting

Cool, glad you can appreciate it. I had been watching this setup since last week. It can take a while for expectations to build up, but it only takes a sentence to crush them all. Great journal btw. I'm a slow poster so I try to limit myself for ...

Reminiscences of A Forex Speculator

I actually missed the initial slide by a couple minutes. I had an alarm set to go off as I expected the stops above .8000 to get hit before the SNB took action to provide me with a nice entry as I was expecting some disappointment. Well, my plan ...

Reminiscences of A Forex Speculator

I would agree

Order Flow - Achieving the mindset

The only thing he created on that event was a name for himself. http://www.pauldeng.com/teaching/intecon/Sterling%20attacked%20-Inside%20the%20House%20of%20Money.pdf

someone PLEASE explain this market to me

Insane indeed, Asia has been buying the shit out of gold. First Tuesday in the world and the global equity sell off continues. Edit: Ha! there goes another one of those crazy USD/JPY spikes Edit: That's baller as fuck. I wonder how much money it ...

Order Flow - Achieving the mindset

Edit: opps sorry nasir didnt know that

Order Flow - Achieving the mindset

Fair enough, have a good day

The Bigger Picture Fundamentals and Resources

I don't really want to know how big anyone's wang is lol. I'm am curious though, what's so magical about taking information available and attempting to profit from it. When I enter a trade, after I enter the trade I look to news to confirm my ...

The Bigger Picture Fundamentals and Resources

Speculation is a game of incomplete information. You have to accept that you don't have all the information. Get as much as you can and work with what you have. How much profit you are able to pull with the information you have is the skill aspect ...

The Bigger Picture Fundamentals and Resources

Those dirty speculators. . .

Reminiscences of A Forex Speculator