Yes exactly, but Limit Orders are also not guaranteed as the market may turn before price reaches it. Guru Larry says " Well informed traders tend to submit market orders rather than limit orders...as they subject the limit order traders to adverse ...

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

The point I was making that Limit Orders are the origins of liquidity as it encourages market orders that both create liquidity and demand it. So agree, if there were no Limit Orders there would be no liquidity. Surely, if you have a large or stack ...

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

I don't think anyone is fighting over the subject. I think most here understand demand and supply but delving deeper to understand what is happening behind those charts can only enhance ones trading.

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

But those charts and those levels do show price reaching back to areas of previous origins of supply possibly and most likely triggering limit orders to the sell side or market orders entering before limit orders getting triggered.

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

Order Types — From my partial reading of the material in my previous post, if I understand it correctly (if not please tell me): Limit orders encourage liquidity. These can be seen. Market orders dry up liquidity. These cannot be seen. Limit ...

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

Here is Larry's book which is not the full version but will give you some insight I am sure. And a book review which summarises a few things.

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

Two words: Fear and Greed (ok that's 3, doh!). Think about it. Ok who put up the thread 'Trading Without Charts' using their spare computer with a different FF user name??? Nice try

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

It really is that simple. Supply and demand. Watch out for the bluffers and understand market inefficiencies eg. bank traders HAVE to trade so many transactions per day/week, they have no choice (hence one way trading between supply and demand). ...

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

Yes point taken but wasn't news trading a fad (blown out of all proportion by the marketers) that had its bubble burst. Only certain traders would trade the news but most of the banks and technical traders stayed out leaving just the Hedge funds and ...

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

With all due respect and I appreciate you wanting to count your pennies. But, the discussion here is not about a system. It is about understanding the underlying dynamics of the market. It is fundamentally wrong to this discussion to start talking ...

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

Clearly the previous posters have not read the thread and as always anything simple has become far too taxing on their brains. This thread could have been coordinated better but there are casual threads and there are more directed threads. It just ...

Exceptional day, will it continue ?

Sorry Scotty but I think this is totally irrelevant and unhelpful. What will be next? If anyone asks for an EA

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

"We need to trade on where the orders HAVE proven themselves to be" Exactly. This is not something that is not already out in the public domain but there isn't much of it. Look at Sam Seiden's stuff. He worked with order flow at the CME. Its nice to ...

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

All you need to know is in the first post. Especially this para: "... when you begin to grasp what orders traders use,why and where,then you may find yourself mixing shoulders with the big boys". Its not about 5 orders in an order book its about a ...

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

I think you are right. No amount of retail traders could match the weight of the banks when it comes to order flow to actually prevent the way orders are stacked up waiting to be triggered. And most retail traders will be following text book ...

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

calling me a bastard !! Its true, it takes an iron set of balls to pull the triggger against a tanking market at those magic order flow levels. Nice thread, just don't make it too popular!

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

Don't read this thread its all total nonsense!!! — Geeeeeezus, you've let the cat out of the bag now. I was hoping not to see a thread like this. If it reduces my trading salary I'll come knocking....

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

I think skepticism is very healthy especially in the world of forex and especially when people 'celebrate' the amount of pips they are earning publicly. You have to question the motive and intentions of someone who goes on to forums and offers ...

Exceptional day, will it continue ?

Is that all!! I think the nay sayers can't understand the concept of you making all those pips and then wanting to spend time after a days pip farming to teach others. If they ever experience the boredom of trading then they might understand ...

Exceptional day, will it continue ?

I spent half the day 'monitoring' the EUR thread yesterday and it was very comical but it was also very revealing. It was a fantastic snap shot of herd mentality. Most of the calls made were wrong and even when the market went against them they were ...

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