I agree to an extent. The "missing" dimension I noticed when I was on my "grail quest" years back was how the machine operates. You'll occasionally see once-popular threads about market micro structure and dealer operations that most (MOST) traders ...

Do you think statistics work in trading?

A while back, I stopped asking myself "Who is in control, bulls or bears?" and began asking "Why are dealers moving their quotes?" When it comes to indicators, I'm sure you've noticed, they always have us selling and buying "overbought" and ...

Do you think statistics work in trading?

There is a harsh reality the average "trader" will never fully accept; that this system of facilitating trade is designed to move capital and it needs to be fed losers. The retail crowd is inherently trained to trade (via the internet and ...

Do you think statistics work in trading?

I like people like that. They pay our salaries.

Free lunch mentality

I know! I'm sorry bud. Every time I see a COT thread slide across the main page I drop the link in there to try and save guys like you the work but I was late to this party. It is a little effort getting it set up. But after all the files are put ...

I need help using COT data in MT4

Ah, I figured it was a broker thing. I'm with FXCM US and I guess we're still chuggin in the slow days back here. I tried to Liveupdate my client but I suppose FXCM just hasn't released the newer build yet. More waiting, I guess. It's okay ...

MT4's new buy/sell button - here's a better script

Yeah It took me a couple days to grasp it all and I won't lie, setting it up initially on MT4 is a bit annoying - but not difficult. Once it's set up, you just DL the txt file from the CFTC, rename it, overwrite the old one (every week), ...

I need help using COT data in MT4

I've been using this for a few years now. It's by far the easiest way to get weekly data I've ever used. I download and update the data every Sunday evening - takes about 5 minutes. url Be warned, it's a HUGE article but it's worth the read. ...

I need help using COT data in MT4

Hmm, my MT4 (build 451) doesn't have buttons like that. I'm sad.

MT4's new buy/sell button - here's a better script

I mentioned it earlier in the thread; Those who scream "tick volume means nothing!" are those who have no idea how to utilize it.

Volume Price Level Trading

You still in that position? It'd be payin' off pretty well right now, lol.

Volume Price Level Trading

Well, OrderbookFX used their own special "data feed" to filter "orders" from a handful of liquidity providers so Bandung couldn't code something like that. I always found it questionable as I wouldn't think these institutions would publicize the ...

Auction Market Theory and Market Profile

This is gold here. I noticed that we - at some point or another - inherently want to make trading this grand mystery wrapped in an enigma. We want it to be this soul-searching, life-altering mystery that we can portray as philosophy to those who ...

Hi! I’m Mr Short and I’m a bad forex trader! (the AA for bad traders)

What you have here is an image from OrderbookFX's indicator. They claim to use data feeds from multiple sources showing where orders are. I test-drove their service a while back and found it somewhat useless. Their services never took off and it ...

Auction Market Theory and Market Profile

I don't want to clutter up Dunstan's thread with indicator talk so I sent you a PM. It describes the setup step-by-step. PM me back if you have any other questions.

Follow the Smart Money / COT Analysis

The common factor(s) I've noticed in many, many volume-related threads is that the folks who dog it are the ones who can't (won't) understand it. They may try it and realize they have a few losing trades here or there then next thing you know, the ...

Volume Price Level Trading

You're right. Let's put this tool on ignore and get back to the topic at hand.

Volume Price Level Trading

On that note, if you don't like the trading methodology, why not ignore the thread? Your participation in it only indicates your lack of intelligence.

Volume Price Level Trading