What I'd do is sort which are trending up and trade long on those then the opposite for the downtrenders. Right now there are 6 pairs on my long watchlist and 9 on my short. I hear you on a certain currency printing similar trends against others. ...

Diversifying Currency Pairs!

Depends on the strategy. Mine personally is years from now.. or never

How do YOU know when to take profits?

Thanks! To be successful at trading a market we must be able to have an unbiased opinion and treat both sides the same.. there has to be a buyer for every seller right? I like your mindset but have to make a change on one thing though.. my 90% ...

Thinking Outside the Box!?!

Maybe focusing on the minority of 'winning' traders or % of trades would be a different way to look at that stat.

Thinking Outside the Box!?!

Hahaha. I kinda like the song from Sleven url

Order Flow - Achieving the mindset

IMO when price moves while its market is closed (no change in fundy value), its a byproduct of other's flow effecting the pair. Remember that traders trade to be profitable. Less-profitable positions will be closed/covered if a new/better profitable ...

Order Flow - Achieving the mindset

I owe ya — Thank you very much Graeme.

Building an equity millipede

The Used - The Bird and the Worm — video

What kind of music you hear while you trade?

stay green!

Auction Market Theory and Market Profile

my stop hunt mindset — try to think "where would successful traders place their stops?". if i'm in profit, or have been in profit, my stop isn't going to be sitting under the lowest low (long). I'd want that at breakeven.. or a method to put ...

Order Flow - Achieving the mindset

Ya charts are all I'm using. EDIT 4/13 0620GMT: since I can't make a new post on here, good chance that E/U is running for new highs after fresh buys from sell stops @ 1.4420 level: image btw, those stops were ran on the U/J earlier. image

Order Flow - Finding cluster of stops on chart

USD/JPY stops so far this week — First level of sell stops got wiped out yesterday. Second level of stops looks to be ran soon. green=sell stops red=buy stops image

Order Flow - Finding cluster of stops on chart

4/12 Hunt — Some very profitable stop running & hunting during an illiquid asian session today by just using round numbers. Hope some got in on this! Green lines are buy stops, red sells. round numbers. image

Order Flow - Finding cluster of stops on chart

Great example. I'd take a .1R loss any day when market has changed against me.

Order Flow - Achieving the mindset

I dont know about off the chart, but off the screen is a start. Adjust your position size while maintaining the same risk % so that if your stop is hit, you won't care and it'll have a couple days to move. Volatility is a mistress as much as she ...

Order Flow - Achieving the mindset

Think about how to place stops where they can't be hit. Personally I don't trade with TPs (anymore).. something about breakeven or big trade that suits my style.

Order Flow - Achieving the mindset

Just wanted to post a pic to illustrate what a standard deviation is and how +/- 1 SD looks via a bell curve. image

ATR and Standard Deviation

From what I understand, Standard Deviation is a measurement of how far away a unit is from its average distribution.. based on the weight of its input values. I think we're running in to problems by taking the ATR(60) and making an SD off of an ...

ATR and Standard Deviation