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Attachments: Why it is possible to predict price movement?
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Why it is possible to predict price movement?

Quoting Casiopea
{quote} I´m not to sure about that. All the rest we agree!! Are expensive those type of indicators like order flow?
LOL that's right you're not sure about it! Why? because you don't understand liquidity or exhaustion-- do you? I don't care how many disagree. That's not how anyone trades. People don't traded based on what others say and by consensus -- especially if others don't understand liquidity and exhaustion.

how expensive are order flow indicators? ZERO cost! You can buy some but you can see it on the chart if you know what you're looking for.
It's obvious you don't know what you're talking about. Try educating yourself on what I'm talking about before you say it doesn't work or suggest it doesn't.
Quoting Casiopea
{quote} I´m not to sure about that. All the rest we agree!! Are expensive those type of indicators like order flow?

... have a look at this thread https://www.forexfactory.com/showthread.php?t=727775 - maybe this will help :-)

kind regards
Mucky
Quoting ztop
{quote} LOL that's right you're not sure about it! Why? because you don't understand liquidity or exhaustion-- do you? I don't care how many disagree. That's not how anyone trades. People don't traded based on what others say and by consensus -- especially if others don't understand liquidity and exhaustion. how expensive are order flow indicators? ZERO cost! You can buy some but you can see it on the chart if you know what you're looking for. It's obvious you don't know what you're talking about. Try educating yourself on what I'm talking about...

What I´m not sure about is that "Order flow is the only thing that offers real time direction. " (That was in bold as stated)

Regarding all the rest on your post i disagree I´m not here to messure cocks size
Quoting Mucky
{quote} ... have a look at this thread https://www.forexfactory.com/showthread.php?t=727775 - maybe this will help :-) kind regards Mucky

Hi Mucky, thanks for the link, i´ll have a look at it
Quoting Casiopea
{quote} What I´m not sure about is that "Order flow is the only thing that offers real time direction. " (That was in bold as stated) Regarding all the rest on your post i disagree I´m not here to messure cocks size
I didn't say "order flow is the only thing that offers real time direction". You're mis-stating me. I said its the best real time indicator. Cock size? another poor conclusion on your part. I'm stating fact. You made an inaccurate statement about trading by concensus-- it doesn't work that way.

From your comments its apparent you don't understand liquidity or exhaustion. So tell me how you trade that's better. fundamentals? support or resistance or supply and demand? Can you even explain what liquidity and exhaustion is and see it on a chart?
Quoting ztop
tip------ READING order flow tells you where price can and can't go. Professional traders call it Liquidity and exhaustion. Doesn't matter what you call it. You have to be able to see it on your charts. support and resistance only tells you where order flow could and couldn't go before. You need to know where order flow is going now. You essentially have to predict it. So you need good accurate indicators of where price can and can't go. Order flow is the only thing that offers real time direction. Few teach it....




Don´t worry, I´m not a profitable trader. Actualy i don´t trade at all
Quoting Casiopea
{quote} Don´t worry, I´m not a profitable trader. Actualy i don´t trade at all
Haha You are outperforming 70%+ of the traders Don't know what the current % is but you know what I'm talking about
But should one made it.. it is similar to any glorified professions (music, movies, politics...)... few made it all the way, but the ones that do...
make it all worthwhile

Also I concur with the thumbing up the poster you quoted... But the question is... who really have the access to real order flows The closer to the source the less of a trader one would have to be... just placing what is coming instead
Can you afford to take that chance?
First thing is continuously update with forex news and fundamental analysis, then you need to do technical analysis.
Quoting Casiopea
{quote} Hi Mucky, thanks for the link, i´ll have a look at it
tip------ READING order flow tells you where price can and can't go. Professional traders call it Liquidity and exhaustion. Doesn't matter what you call it. You have to be able to see it on your charts. support and resistance only tells you where order flow could and couldn't go before. You need to know where order flow is going now. You essentially have to predict it. So you need good accurate indicators of where price can and can't go. Order flow is the only thing that offers real time direction. Few teach it....

For some reason I couldn't pull up your quote so I'm posting it here. Yep. I said that and its correct. Explain to me what else offers that? Fundamental? Somewhat but you still have to reading price in real time! Fundamentals does not offer real time reading of orders. Supply or demand or support and resistance? Nope.

What you fail to do is answer my questions. Tell me all about liquidity and exhaustion! Tell me what offers real time direction! Tell what you dislike about order flow and why it doesn't work and doesn't do exactly what I say. You should note in another comment somewhere-- I explained that fundamentals and support and resistance work but not like order flow. Please explain why. What is the power of order other than fundamentals? I also mentioned that fundamentals is probably easier to trade but doesn't offer the technical directional information order flow does. They are much different. Do you understand why?
I can't wait to hear all your answers. One thing is clear. You have selective reading and like to talk about things you know little about.

Fundamentals offers direction but not in real time technically but it does offer some real time direction--IF YOU UNDERSTAND IT AND KNOW WHAT IT MEANS. But its meaning can vary depending who's interpreting it. In other posts if I remember correctly I clarified that fundamental trading needs order flow reading to make it better.

Can't wait for you to educate me on your superior trading methodology.
Quoting ar72212
First thing is continuously update with forex news and fundamental analysis, then you need to do technical analysis.
Aud comes out with a huge employment number-- way over the expected--- what direction do you trade it against other currencies?
long Aud? Sometimes! Not always. Fundamentals would suggest its buy Aud but in real time the upside weakens and reverses fast--- Tell me how fundamentals save your long Aud when it goes short?

This was a real time event that happened several months ago. Order flow reading helps one identify Aud shorts coming in and longs dying out.
And there are other fundamental events that large institutions are aware of that most of us may not be aware of.

You can go on bank websites and read expensive reports that those institutions publish about the economic events taking place and they give all sorts of projections
But that's all they are.

Reading order flow is seeing orders coming in and seeing who's in control. if you can read the flow and trade it-- you've got a huge edge.
Interesting thread, I've been an order flow trader since 2003. Recently read an interesting article on footprint charts. Anyone using them in FX? I haven't found any platforms that support them for FX. You can check out the article here http://www.jumpstarttrading.com/footprint-chart/
Quoting ztop
tip------ READING order flow tells you where price can and can't go. Professional traders call it Liquidity and exhaustion. Doesn't matter what you call it. You have to be able to see it on your charts. support and resistance only tells you where order flow could and couldn't go before. You need to know where order flow is going now. You essentially have to predict it. So you need good accurate indicators of where price can and can't go. Order flow is the only thing that offers real time direction. Few teach it. When I say indicators-- I'm not talking...
For me it take 10 years to figure out what you mentioned above, but still not profitable, but able predict price
and when look this guy how make a profit:
Inserted Video
Quoting ztop
tip------ READING order flow tells you where price can and can't go. Professional traders call it Liquidity and exhaustion. Doesn't matter what you call it. You have to be able to see it on your charts. support and resistance only tells you where order flow could and couldn't go before. You need to know where order flow is going now. You essentially have to predict it. So you need good accurate indicators of where price can and can't go. Order flow is the only thing that offers real time direction. Few teach it. When I say indicators-- I'm not talking...
Ztop..
hey.. nice post! Can you also guide us... to some quality resources to learn the orderflow? Thank you!!!
I think if it was possible to predict price movement, then risk management would be less important thing in trading. We use strict rules, risk management to gamble safer and turn probabilities in our favor. I know this looks like a theory, or different point of view (I'm not Englishman). This is my opinion.
Quoting kk007
This sounds a simple question, but it is not indeed. There are a lot of trading methods claim working. Nevertheless, I wonder in general what logic these methods based on in predicting price movement. Can anyone give me a good answer? Thanks, kk007
because prices are moving in trends and history repeats itself. Although a lot of research papers were devoted to verify these claims. There are no conclusive answers if it is truth or not. I think truth, as always, is somewhere in the middle.
Quoting mattholli
the posts on here from hobby traders (aka retail traders)always seems to amaze me.. someone asks a question about if it is possible to predict price movement" and someone posts a chart As professional traders we don't use indicators at all, we use major support and resistance levels and order levels from other firms to place entry and exit levels. I've never been taught to use all these useless indicators haha. They don't work, the large banks cause price movement, it's not the overall concensus of everyone else...
It's interesting to know, there are many fools who think, there is only one way to skin a cat. And still... the big corporate traders who use only bloomberg terminals, has enough time to dive in the FF forum threads!!! Some people are quite funny.... truly appreciate the sense of humour. Thank you!
Quoting ztop
{quote} 1st reading price isn't easy. You have to figure out price behaviors that are reliable to help you predict price direction. If you really want to read price accurately, its tough. You can't rely on support and resistance but have to figure out how to read whether price will hold or break a support and resistance level. That is HARD...
WHAAAAT !!!!
Find specific behaviour that predictable and reliable ???

Is it price behaviour ? THE EFFECT
or
Is it PYSCHOLOGY behaviour ? THE CAUSE

THAT PREDICTABLE

What come first.
The egg or the chicken ?
The intent (unseen) or the price behaviour (seen) ?

Cmon
What come first ?
The WHY or the WHAT or the WHEN ?

What Nakamoto can not NOT do in price behaviour ?

Uuuhmmmm ....

In order to make money, Nakamoto must collecting liquidity, and

In order to collecting liquidity, Nakamoto must inducing my self to take position and

In order myself to take my position, Nakamoto must create most promising price behaviour on the chart

While Nakamoto trapping in one timeframe, He is visually manipulating in another timeframe and patiently wait to kill me in creative way in the name of randomness and non-linearity.

Smart terminologies created by design to corrupt my loose mind in order to hide his INTENT at highest order.

All the time Nakamoto tell me that 'trading is about THE FUTURE'

ohhh, my mind get the BUG again

and the market is decentralized

Oooh another mind BUG again everyday

Gotcha you Dean
No one will believe in you
All human and the ant in this flat world Will call you pure charlatan

Brutal indeed
But IT IS GRACE

depend how we choose our reaction and our view to Nakamoto

Am i willing to change and ADAPT ?
and take responsibility myself ?

Or moaning everyday that the world is cruel ?

Let me emphasis that I am not trader but keyboard warrior here.

And I must practice My English here no matter the wholle ant don't like my style.

Like Captain Jack said, the biggest lie the Devil telling us is DEVIL DOESNT EXIST and then tell the world that it all just DEVIL THEORY and only exist in our imagination.

Mind BUG mansion
I CAN'T SERVE TWO MASTER and MUST CHOOSE

Between two school of thought
I`m a fan of Technical analysis and that the best way to read the markets.
Quoting kk007
Why it is possible to predict price movement?
Because every participant is looking out for the same thing(s)...
..
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