The fact that it is an exchange means that the more exotic pairs are likely to have much lower volume and therefore more issues with getting filled at the price you want. The only gripe I have with them is there pathetic historical data, so have to ...

LMAX = revolution?!?

Prices in financial products operate on the basis of an auction which is completely different to how one shop operates. Take 2+ shops and now we begin to create conditions for a competitive but simplistic (i.e slow) auction. Take the example of a ...

Economic Question: Why is price affected by supply and demand?

Nicely done. Chris, on an entirely different matter. I have just commented on your post regarding 'Stan's trades. I am not picking on you, you clearly demonstrate a passion for trading and I have no doubt as to your ability. However, the business ...

Price Action, Pro, And Ichi Trading with 2ndskiesforex

Thanks 100. I'll certainly be keeping an eye on your great work here.

Third Screen Strategy - Dr. Alexander Elder

Its a typical learning cycle of starting out with indicators and then moving onto cleaner charts over time. I don't think there is anything wrong with using indicators as long as you understand their limitations. Too often I see traders, even so ...

Trading with and without Indicators

Great thread and some phenomenal forward testing. This was one of the first systems I traded almost 7 years ago. I pretty much used the system as described by Elder but with heiken ashi candles to guage an entry. Weekly mac D histogram, Daily ...

Third Screen Strategy - Dr. Alexander Elder

Looks like that swing area of consolidation on the weekly chart (Weekly Demand area) ruined your plans. Pressumably you would have reacted to the strong momentum up and not shorted at all?

Price Action, Pro, And Ichi Trading with 2ndskiesforex

Ahh ok, I was confusing your terms of flips and swaps. Yeah I know what you mean.

B.S. Trading with Kenneth Lee

I think this is a great way to think about what is happening at levels. It is exactly what pro traders trading with the DOM and Time & Sales look at trading stocks/futures. They watch for floods of market orders on the T&S hitting the bids/offers ...

B.S. Trading with Kenneth Lee

Could you reference that Sam Seiden video Ken? as I have never heard him talk about flips. As a rule he always states he never cuts through candles. If its the video I am thinking 'Forex Trading for Short Term Income', then I got a different ...

B.S. Trading with Kenneth Lee

Well, yes, it appears to work in your examples. Anyone can find such cherry picked examples, and examples where it does not work. That argument is pointless. Trading is not a mathematical excercise. The issue here, as with any technique or tool is, ...

Why do people use Fibonacci in trading?

At the end of the day its just a tool to map the market. It's wrong to think in terms of does it work or not. It all depends on how you use it in your strategy, how you see the market. The significance of it is, is that whichever fib tool you use, ...

Why do people use Fibonacci in trading?

You need to trade with LMAX. If you need to keep your MT4, fastest MT4 broker (real exchange so no funny business), in the UK with tiny spread. Even faster off their web platform.

C-12's Supply, Demand and PA thread

Agree with this. Also higher time frame levels are usually where the new trend begins.

How to judge strength of support and resistance levels

How to make a losing system into a winning system? Simple: Sell it.

Are you willing to share your poor/ bad/ loser/ lousy system?

Yes I encompassed that flip with my H1 zone which I find adds to the strength of the zone, so I should have been more reactive to it, but was still banking on the smaller time frame squeeze level being reached further up (greed), caught the cheeky ...

C-12's Supply, Demand and PA thread

Couple of scalps on eur this morning off 15 then 5min supply 3219 area then potential runner off the H1 3236 area. Was hoping for a better entry at 3251 (15min level within H1 - bread and butter levels), but that news spike missed it by 5 pips. ...

C-12's Supply, Demand and PA thread

Yes the pull back gave a great opportunity into 5min supply and ample time to get in on the M1 before the 8.28 news release.

C-12's Supply, Demand and PA thread

Interesting to note that the market reacts 2 mins before the supposed news release time. FF news times are bull shit. If it's public it's bull shit. Good enough reason to ignore the news and on decent levels just get your limit order in to make sure ...

C-12's Supply, Demand and PA thread