Is that why there's such an odd lot amount? O man, those huge SPY shorts are scary!

Ouch! Trader carrying heavy losses

That's why I said good luck, there's still a chance

Ouch! Trader carrying heavy losses

IMO.. MAs are very good when you need the average of the close of the last X periods. I know traders can predict the retailer's trades based on popular MA systems and take advantage of them. I haven't been able to successfully use an average price ...

Do you believe moving average systems work?

He's on the right side of the fundies on a lot of those negative unrealized profit trades, accumulating carry trade on most if not all. Good luck to him and his margin. Its only a loss when its 'realized'!

Ouch! Trader carrying heavy losses

The market is watching the same figures as the Fed is basing the end of QE on. Any moderate to good news in those areas and $$ will be moving out of PMs.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Thanks Dan.. I'll try when obvious opportunities show. FF doesn't have many OF traders posting in it anymore

Structure of a trade

@OP I agree. No market is systematic and applying a technical or set approach is accepting a known failure when the market evolves. What macro moves are you watching? Low Aud? Look at the Nzd/Usd weekly chart and trendline the lows on 12/11, 6/12, ...

Trading systems are pretty over-rated

Here's Oanda's retailer's order book before and after. Notice the sell orders still there after price had rejected 1.0550+ This was a new 2 year high in Usd/Cad as well. Previous high that was broke was @ 1.0557. I anticipated a run of market ...

Structure of a trade

Its like trying to predict what will happen in the next 5mins. Like you said though, its all worthless after it happens!

Structure of a trade

Usd/Cad approaching buy stops @ 1.0550 and above.

Structure of a trade

OFA cannot be systematic. Even if the same historic price pattern is presented there will be different sentiment and market liquidity at that time. ie; if BoJ announces QE, look to buy Xxx/Jpy pairs, don't short at a former resistance level. Adapt ...

Order Flow - Achieving the mindset

Verb explains the markets very well url

Order Flow - Achieving the mindset

Shorts, don't exit yet. Wait til price is higher to buy it back

NZD/USD

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AUD/USD

Buy stops reported @ .9375. I'm sure there are stops above the recent high of .9345 all the way up to xx75. I'll short it upon a run of them before London open.

AUD/USD

Damn, it ran up those stops above .9330, taking me out around BE before it dropped back to .9250 for a min. url image Ya the capchas are annoying, but its only once per login now so it'll last the session. I use FF and can just double click on ...

AUD/USD

Dappa, do you have a hard copy or a PDF copy of DS's book? Pages 185-201 give exact templates of how to actually trade. The Sentiment exercise is on page 165-169. Chapter 6 beats the liquidity vacuum concept. With the book was offered forum access ...

Order Flow - Achieving the mindset

We're headed to .9250, that large option hedging level. url

AUD/USD

Continuation in downtrend PMs til the Fed actually pulls back. We may see a base form but there's 0% return in holding paper metal so it's not going to be looked at as an investment vehicle until our country raises the debt ceiling.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

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NZD/USD