You know I thought about that, and it's things like these why I am convinced that these bank guys are working together. If what you said is true, then the chances of these orders affecting the market consistently the next day wouldn't be so big. ...

Do you believe this market is random?

Good luck man, but it's something that would take some practice. You need to use the chart first to get a feel for how price move at different places, while looking at the feed and then it should give you some confidence to leave the chart, it is ...

Order flow trading thread

And another thing that I think is random and for the life of me I don't know why. I have noticed on quite a few occassion that when orders come in the late afternoon, they seem to have the biggest effect on the market in terms of providing real ...

Do you believe this market is random?

Hahah. Yea we did get off coarse a bit. But My answer is No. When ask this same question about stocks most people would say no, but in Forex the same people would say yes. I don't understand why, it's essentially the same buying and selling that ...

Do you believe this market is random?

It's how you define consistent that is key.I have followed sentiment for awhile and even though it might not always give clear direction, it seems to be able to give very consistent points where the market is about to make big moves, and that alone ...

Real Volume Indicator

Hahah. We are assuming it's a martingale. If it's a martingale then for sure the lesson will be learned it's just a matter of time. But I am giving the guy the benefit of the doubt and assuming he has put in real research into the market.

Do you believe this market is random?

To get back on point it's actually simple when you know what to look for. When big money comes into the market it cannot hide it movements, traders are doing things backwards in my opinion, just because buying happen 5 minutes ago or even a minute ...

Do you believe this market is random?

And when you move beyond that level then you are just left with orders and nothing else. We trade on FF with different styles and level of experience, There is always someone who do things different, it isn't always a bad thing. Maybe his system is ...

Do you believe this market is random?

Yea man, may the Pip be with you, Good luck.

Technical Analysis Fallacy

I am not saying that they do not exist. I am saying that even at S/R the biggest orders win, just like anywhere else on the chart. I understand where you are coming from because that's how many interpret the market. But even at places where there is ...

Technical Analysis Fallacy

I am talking about S/R in the technical sense. Let me explain, when you say somewhere on the chart is support / resistance, you have already put a bias on the market, the thing is, one of them are going to have to break in order for price to move. ...

Technical Analysis Fallacy

It's true, It's why I simplify it for myself, I only trade buying and selling just like the market and it has simplify trading on a whole different level. Take Support/ Resistance, I really don't put much weight on it, when the big others come in ...

Technical Analysis Fallacy

When I first started out I used Price action too, but the thing with a chart is it can show you something that doesn't exist anymore. A currency can be strong and winding up and strong and winding down the difference can be hard to spot on a chart. ...

Technical Analysis Fallacy

Anyway man, PA is good but it also has some fallacies, don't ever get to strict with any style that you have no room to grow as a trader. Always try to learn why things didn't go your way, unlike any other market I have seen the Forex market has the ...

Technical Analysis Fallacy

You don't even need to know the exact amount, that is a misconception. As long as you have a right ratio of buying and selling that's all you need, the market is so big that the different between the strongest and second strongest currency can be ...

Technical Analysis Fallacy

No nothing like that, you cannot see the volume or at least I can't I can only see in Ratios. I may not know how much EUROS were bought exactly,But I know it was bought more then USD, and so forth. A few people want to know more, but it's a custom ...

Technical Analysis Fallacy

Good for you man, I use to do PA but it simply didn't have enough information for me. I want to know the biggest orders that come into the market Live and which currencies are in most demand, Price action didn't show these things. But As long as ...

Technical Analysis Fallacy

Lol I don't know about that but if you're making money then that is all that matters.

Technical Analysis Fallacy

That's the thing, and it is where skill comes in. To simplify the market for myself, I only trade the biggest orders that come into the market. And I would hope that all Retailer do this because this is how we make money. I don't know what style you ...

Technical Analysis Fallacy

What trading style do you use? That would help me to understand better where you are coming from.

Technical Analysis Fallacy