Light bulb X2 — I see what you are saying Carnegie but you need to think more before you post. Think about the implications of inefficency and dealing, and then think about what would cause traders to trade (i.e. order flow mentality) and then ...

Order Flow - Achieving the mindset

I see what you are talking about now after some help. Tipped me about looking at fxlive. The interesting thing here is how to read that a deal might go thru causing GBP to move down, yet still it moves up in the latter date. So we're selling GBP to ...

Order Flow - Achieving the mindset

This was the first thing I was thinking about. The prisoners dilemma for instance, is about two people and their two choices. Financial markets have millions and millions of participants and those participants have a billion ways of doing what they ...

Order Flow - Achieving the mindset

Example of order flow mentality — I know many of you guys tend to think allot about what you are looking for with order flow mentality and what Darkstar and GRKFX are talking about. As I said today I have found something that works for ME. I ...

Order Flow - Achieving the mindset

I see what you are saying here Adal and you point out in a better way than I do what I was thinking about. How do we "know" (once again I say this.. we will never know) if it is informed traders or uninformed traders? Let me show you how I view this ...

Order Flow - Achieving the mindset

Actually I cannot explain this. And that's why a couple of pages ago I wondered what "value" was and Darkstar answered that it was several different things (perceived value, true value etc..) but I wanted the discussion to be pointed more towards ...

Order Flow - Achieving the mindset

I definitely see what you are saying, but I don't think you guys understood what I was referring to, and that was my mistake because I was unclear and chose my words wrong. Think of it this way: order flow has many ways of viewing it. Some view it ...

Order Flow - Achieving the mindset

Hey grkfx thanks for that one, I will try that right now. But I have one thing I need to ask and that needs to be clarified.. It feels like news are the only thing that causes order flow (I know in reality it isn't) like interest rates or downgrades ...

Order Flow - Achieving the mindset

LIGHT BULB! LIGHT BULB!!!!!! Yesterday while sleeping with my girlfriend.. it fucking hit me! (twice ) order flow mentality is an art you know why? because no mechanical system will "discover" where orders will come in. The order flow ...

Order Flow - Achieving the mindset

Nice trade there monroe. Not asking for the whole shit now because I want to figure it out for myself.. But what made you take it right there? And btw.. why is the first move usually fake? If people understand that, how come they even trade and not ...

Order Flow - Achieving the mindset

Hmmm you know reading the L2 isn't quite as hard, you only need to spend some time on it to get a "feel" of it. Some of you guys mentioned that you cannot respond to how fast the L2 moves because it's based on super fast algo's but I have found ...

Order Flow - Achieving the mindset

GRKFX, very very interesting post there. When I am finished with reading T&E, and a couple of books about game theory, I will do something that you wrote in the other thread that I believe many forgot. I will sit down with a piece of paper and write ...

Order Flow - Achieving the mindset

Nice discussion here. BTW thanks Adal for the info. The real deal is that I am not interested in becoming an order book trader. By no means.. The first second I noticed, I aint got a fucking chance on this as it is moving this fast. But I was ...

Order Flow - Achieving the mindset

I know it's fucked man.. I have no idea how to cope with trading AND studying.. Anyway I was thinking about one thing, I am 100% sure I am wrong now but I'll ask it anyway.. What is the meaning of the level 2 order book? Now the way I see it, is it ...

Order Flow - Achieving the mindset

Hey guys, I'm back here now for a minute or two. As you may have noticed, I don't have much time yet. I started studying uni and it fucked my life. Anyway I've been spending my time reading game theory books and looking at MSFT 5 min chart + Level 2 ...

Order Flow - Achieving the mindset

Cindy.. it's the mensroom BTW as you guys know I am moving into some depth of market as someone told me it is the way for a beginner order flow trader. Since FX doesn't have that I said to myself to atleast learn it on stocks! So I have a couple ...

Order Flow - Finding cluster of stops on chart

Ok now disregard the discussion about FX being dealer market etc etc. I already know this. I came to the conclusion(with some help) that an order flow trader needs not only a good understanding of market microstructure but also market depth etc. Now ...

Order Flow - Achieving the mindset

Overcomplicating — Hey guys, I've been reading the posts and been reading some of my own and what I keep thinking about is that we most definitely are overcomplcating stuff. Look if we concentrate at what darkstar and unnamed told us in the ...

Order Flow - Achieving the mindset

I'm not there yet.......

Order Flow - Achieving the mindset

Hmm that is actually very intersting. I have always wondered why stop-loss orders and stop orders become market orders when triggered. Wouldn't it be better if they were limit orders? See limit orders is the exact price, but stops are market orders ...

Order Flow - Achieving the mindset