Ok, well i'd say most traders are looking for consistency and when there is talk of consistency people are thinking regular winners and maybe losers. Traders should be thinking in terms of consistently following their rules, consistent execution of ...

Greenspan and Currencies - Delusional?

Are you being a sour looser? — So the market is random? Here we go again....doh! We are Delusional? Unfortunately most are because they are not using proper Money management, rely on lagging indicators and are totally undisciplined. You are ...

Greenspan and Currencies - Delusional?

The Best of.. — Housetrader, love the signature lol: "Arguing on the internet is like competing in the special olympics. Even if you win, you're still retarded..." Maybe that would be a good thread..who are the great argumentalists on FF and ...

Forex Factory Hall Of Fame

Previous price action demand/sell levels will give you clues as to the strength of an area when price returns. If there was a strong down move from a supply area then when price returns it is likely to be a high probability trade for a sell. If the ...

(binned per thread starter's request) Behind Price-Orderflow

This is a great post. Good old common sense approach, supply and demand in plain english.

(binned per thread starter's request) Behind Price-Orderflow

Nicely said, keep it simple. It doesn't take too much brain power though. Don't think too much. And I agree with bleek's comment, indicators can work for you if you have the basics and know how to use those indi's in line with true supply/demand. ...

(binned per thread starter's request) Behind Price-Orderflow

What chart package do you have there JT?

Hedge and Correlation Strategy

I like what you are thinking here Scotty. Would it also allow those buyers to HIDE their liquidation of buys within those liquidity pools to then reverse their position. Interesting thought. (Beam me up scotty!! )

(binned per thread starter's request) Behind Price-Orderflow

...and areas of least resistance

(binned per thread starter's request) Behind Price-Orderflow

As Merlin has already stated in another thread. Order flow is useless without the 'tape'. Reading orderflow without charts is possible if you can read the tape. Tape reflects orders being executed and charts show the history of the tape action. So ...

(binned per thread starter's request) Behind Price-Orderflow

Ok, thanks. Peace But I am sure those getting it would have interpretations in how they get it and how order flow info is used.

(binned per thread starter's request) Behind Price-Orderflow

Lol, thanks Lim. I thought we were both on the same level. Always learning. The way I see it is that order flow is reflected in price. An imbalance of order flow shows buyers dominating sellers or vice versa. This shows up on a chart as true ...

(binned per thread starter's request) Behind Price-Orderflow

Well thanks for your really great input. I am sure you are profitable using your methods, as is Dan, and so are many of us doing the digging here. I don't need to know more than I know because I am profitable. It does not mean we cannot explore the ...

(binned per thread starter's request) Behind Price-Orderflow

I hope you were talking metaphorically in your MacD example. But I do notice you like your 55 ema, so maybe not. This discussion goes way beyond indicators and even price action itself although pa should be included as an important element imo. But ...

(binned per thread starter's request) Behind Price-Orderflow

"to cope with the lack of order depth insight, you can look at the CME currency futures level 2. they track well with the forex market. i dont scalp, but if i did this is the setup i would use. btw, anyone used "the matrix" in TradeStation? awesome ...

(binned per thread starter's request) Behind Price-Orderflow

Some info url url url London Stock Exchange info attached I think essentially, if you can identify true areas of supply demand (SR) - no brainer, and use level 2 data to identify the strength of those levels then you are pretty much sorted. ...

(binned per thread starter's request) Behind Price-Orderflow

[quote=Scotty B;3008527] The usefulness of level 2 data remains inconclusive it seems after a quick web scan. I'd say you don't really need it. I don't. Hard work is only necessary if you are looking at the right stuff. Nice discussion though. Other ...

(binned per thread starter's request) Behind Price-Orderflow

Interesting answers from the worlds greatest scalper Paul Rotter (nice name) who uses indicators and the order book: Q: what timeframes are you using on your charts? A: usually 5 - 30 min charts for trendlines and indicators. i prefer p&f charts ...

(binned per thread starter's request) Behind Price-Orderflow

Ok I think we got our wires crossed. I was basically describing front running and hw large limit orders can be used by the informed large traders. Large traders competing between large traders (they don't all trade the same way and they do get it ...

(binned per thread starter's request) Behind Price-Orderflow