Are you and superdesign same person? Cause it looks like you're both fishing for free tips.

Price action is dumb, and you're lazy for thinking otherwise

If you're so interested in what I do I'll tell you. Make sure to save this post as I will delete it for known reasons. I enter a position, stand up facing East I say in loud voice: "Order flow, come! Order flow, come! Order flow, come!". Do the same ...

Price action is dumb, and you're lazy for thinking otherwise

What did you expect? Explanation of Livermore's or Darkstar's way of trading? That was not my intention even if I had time. I saw misunderstanding on your part and made a remark. The misunderstanding was partly your fault as you hadn't really tried ...

Price action is dumb, and you're lazy for thinking otherwise

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Price action is dumb, and you're lazy for thinking otherwise

As per his own words he simply extrapolated the techniques used by J. Livermore into the FX market. You don't need DOM, ICE and stuff to do that. I dont think he was the first to trade this way in fx but he was the first to explain it in public ...

Price action is dumb, and you're lazy for thinking otherwise

Darkstar shouldn't have called his trading style Order Flow since the term was already used by that time and had a different meaning. Hence the confusion and misunderstanding.

Price action is dumb, and you're lazy for thinking otherwise

image 10:00 am EST. ISM Manufacturing PMI came out much weaker than expected. 50.9 vs 55.0 Price drop before news - possible leak? EDIT: NEW YORK, August 1 (IFR)... EUR/USD got crushed down to 1.4185 given after Unicredit got downgraded by S&P ...

Some notes

image News over the weekend that possible deal on debt ceiling is reached

Some notes

You cannot break anything with offers, you need to execute market orders to move the price.

Order Flow - Achieving the mindset

You can't have both bids and offers at the same price. It's either bids and sell stops or offers and buy stops.

Order Flow - Achieving the mindset

It's like wrestling, everyone knows it's fake but still everyone reacts to the show.

US Debt Ceiling Crisis Thread

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US Debt Ceiling Crisis Thread

If you say it works then good for you. I don't need proof, in the end what matters is your account and its growth. The problem I have with VSA is their assumption that "all powerful big guys" know what the market is going to do next and always have ...

Price action is dumb, and you're lazy for thinking otherwise

You can probably make a working system under this assumption but I hardly believe it will be a great one. The "large operators" will not always fade the retail herd.

Price action is dumb, and you're lazy for thinking otherwise

Oanda can provide you with tick data from 2004. You need to have fxtrade account though. url

Data

6:51 am EST. LONDON, July 29 (IFR) - Headlines on the EFSF not being ready to lend hitting the Euro, with EUR/USD dropping below 1.4250 and EUR/CHF falling below 1.1400 to put the 1.1365 all-time cross lows in view below. Stops run in the drop below ...

Order Flow - Achieving the mindset

image image US GDP Q2 comes in 1.3% vs 1.7% expected. Q1 revised down to 0.4% from 1.8%. USD gets smashed across the board except USD/CAD (Can June GDP -0.3% vs 0.1% m/m exp) image

Some notes

Yeah, I guess market is thinking QE3.

Order Flow - Achieving the mindset

Haha, I also saw it as an opportunity to buy. And then GDP news was really helpful.

Order Flow - Achieving the mindset

Seems like noone really knows what's going to happen, some people predict flight out of the dollar, others say liquidity crisis would create demand for the dollar. Gold, CHF and JPY should rise, USD will probably be volatile at the beginning but ...

US Debt Ceiling Crisis Thread