Market needs liquidity and its damn good at finding it

Trading Based on Reversing Theory....Testing ON

Maybe I'm not understanding this thinking, but the market is designed to stop out certain participants that trade without understanding what's going on. Simply reversing a losing EA (or any mechanical strategy) will still make a loser. Has anyone ...

Trading Based on Reversing Theory....Testing ON

Some cool posts of discussion I gotta be a part of My understanding.. Dealers face this very problem. As price moves away from market value, they don't know who is informed and who isn't. The only way is for them to trade with an informed client ...

Order Flow - Achieving the mindset

If you really want Forex knowledge, close your charts and become a student of the business. Also, never use those indicators again.

quest for Forex knowledge, humble request for assistance

in that example I posted, yes. but that's only one of many ways to take advantage of order flow. eurotrash said it better; average percieved value. think how would we know what the average value of a trading session is? once price moves 67pips away ...

Order Flow - Achieving the mindset

all right there^^

Order Flow - Achieving the mindset

Order flow happens all the time via the uninformed. Watch price as it deviates from its current percieved value. Stop orders, momentum traders, a trail of orders like porkpie said, ect. Remember that chart DS posted? You're talking about ...

Order Flow - Achieving the mindset

You're out in left field playing with the grass, man!!!!!

Trend Lines Don't Work

Its a blindfold kick back type of a game called the Kansas City Shuffle, Whereas you look left and they fall right.

Order Flow - Achieving the mindset

Ah, one of my favorite quotes: at the time this statement couldnt be disproven but with more knowledge now we know why

10,000 hours to greatness and the Mastery Asymptote

Personally, if I could go back in time I would start off with studying market structure (boring stuff, NO charts) for at least 6 months. Then you'll be able to see exactly why the market moves. Ie, forget price and focus on distribution of ...

Help for Newbies (Discussion Thread)

Bust out some research on why spreads are what they are and you'll find your answer.

Very large oanda news spreads

"Michael always says 'K-I-S-S, Keep it simple, stupid.' Great advice, hurts my feelings every time."

Trend Lines Don't Work

lol I think some of the posters in this thread are as busy as ever

Order Flow - Achieving the mindset

Thank you again for that post Scotty & Trihop. The subject of liquidity eluded me in my thinking about the creation of trendlines or TA for that matter. This thinking can branch off to explain why a member on here says with confidence that TA ...

Trend Lines Don't Work

Thank you for your explanation Scotty. So can we state that trendlines are indications of informative prices since the institutions (in ur example) are trading at a constant rate of price and time (seen in the angle of TL)? Im not trying complicate ...

Trend Lines Don't Work

I can see how horizontal s/r lines work but a diagonal line which is a function of price and time? Doesn't make any sense. Can someone explain the underlying market mechanics instead of saying they work 'just because'. I've yet to see a decent ...

Trend Lines Don't Work

Thank you Rufus!

10,000 hours to greatness and the Mastery Asymptote

how would a diagonal trendline work as any sort of s/r though? Past performance from a trendline shouldnt be able to give foresight to future prices.

Trend Lines Don't Work

Here's the post I was talking about earlier abt why trendlines work.. http://www.forexfactory.com/showpost.php?p=2916795&postcount=11 it might not be what you're looking for, but its from an intelegent known trader. A good thead on this subject: ...

Trend Lines Don't Work