Looks like a simple pin bar trade, isn't it? but, OF trader doesn't decide a position that easily, right?

Smexy Trades

In this one, my thanks goes to... volatility image

Smexy Trades

Sailing in the same ship then, nice one, yours earlier than me

Smexy Trades

Another clean hit.... Pure beauty image

Smexy Trades

Some reason for market bidding e/u despite of uncertainty is about Bernanke negative statement about US recovery phase, also there is rumor from reuters that EU discussing plan B for greece even when they do not pass the vote, others may still have ...

Order Flow - Achieving the mindset

The market thin enough to move, and the residual bearish sentiment from the day before helping them chasing liquidity below, at 4100 stop

Order Flow - Achieving the mindset

Looks like every news popping-up bad news for EZ, so much people already in short position, seems like bearish move discounted pretty fast right now. May be the barrier around 4000 could give a nice surprise when shaking time comes.

Order Flow - Achieving the mindset

I fully understand that I will got bashed after this post, but anyway why don't learn more important thing about macro economy & financial micro structure instead of spending time backtesting system & care much about others result?

Let's rank members by their performance in FF's trade explorer!

"We expect the Greek parliament to endorse the economic reform programme as agreed by the end of June", Rehn Said image Yeah... right Eat that

Order Flow - Achieving the mindset

At least I'm not executing order every news & rumor comes out and also not expecting a decent move happening everyday

Order Flow - Achieving the mindset

I said to myself "her right hand is actually her left hand, and her right foot is actually her left foot" creating new planted perceptual, I close my eyes a second and when I open my eyes usually I see the spin reversing, that's how I do it. ...

Order Flow - Achieving the mindset

Some says if the first time you saw it spinning anticlock it means you use more of the left side of the brain, and vice versa, but the hell with that psychological thingy, I just wanna put some illustration about objectivity

Order Flow - Achieving the mindset

Very well said, the hardest part from order flow trading for me is to eliminate my ego based bias about market & being as objective as possible, just like below illustration, the popular neurogical "spinning dancer" animation. image Once my brain ...

Order Flow - Achieving the mindset

I never really pay attention about H&S shape before eur/usd drop, I just made some scenarios before, and with market behavior & eur inflation escalation which I think "too fast" I see some miss-expectation of the consensus. They think ECB will hike ...

Order Flow - Achieving the mindset

Well, may be not as sharp as before, but at least it's not just 50 pips move

Order Flow - Achieving the mindset

Using big guys forecast & wait market reaction, seems like one kind of lagging indicator. Why don't we analyze first and came out with different kind of scenarios, we have "exact" data like interest rate change, inflation, payroll, policy or ...

Order Flow - Achieving the mindset

If it were as simple as that I would be very glad, but currencies is a bit more complicated. We could easily hear "happy" news for euro zone thesedays that Greece will be helped (by adding another debt, which is not solving the core problems). What ...

Order Flow - Achieving the mindset

Depends on what market sentiment & sensitivity, if in one case market engulfed on bearish euforia, most of people will forget about bull. When that time hapens, a little shake when good news comes out will give easy bullish move & caught most people ...

Orders consuming and providing Liquidity

I would say bias is subjective perception of any given value & market is full of it. The problem is we just need to figure out which point "gather" most market participant interest. In that case we need to look outside the chart & outside of ...

Myth busted: FOREX doesn't have directional bias

I rather discuss it without chart, because for me chart is only one factor - to understand TA user motives, yet in order flow we need to understand all market participant, not just TA user. When we're focusing only on chart our view would be limited. ...

Order Flow - Achieving the mindset