Hello to all. Let me say that this is one if not the most important thread that i have ever red. SKFX, thanks for having started this thread. It is very much interesting as it address the root of why currencies moves and how can we profit from a market innefficiency. Knowing what are the key factors that driver the FX market, who are the majors participants and how do they do their transactions and when and at what prices are all the keys relevant questions to be answered.
Any approach in trading that look to answer these questions and interest itself to understand deeply the auction market theory and laws of supply and demand cant go wrong, all the opposite.
This thread is so much relevant that I have gone read all the posts of Gaston as suggested and it was a great read. Also red post of Darkstar and some others.
A fascinating theme is that the guys who know what to look for (SKFX, Gaston, Daytrading, Darkstar, ect...) do discuss some of the aspects of this concept of order flow and market innefficiency but refrain from going too far in explaning it. This particular aspect is what make me in a constant search to find what they did found as i am sure it can be found.
I think i begun to get an idea of different market innefficiencies that i will begin look for and will dig into it until it click.
Anyway, great thread guys and please continue the discussion as it is a A+ thread to me as it interest itself to the root and crucial aspect of trading which, until found, nobody can really think to become successful over the long term.
Great trading week to all
Sincerely
Shreem
Any approach in trading that look to answer these questions and interest itself to understand deeply the auction market theory and laws of supply and demand cant go wrong, all the opposite.
This thread is so much relevant that I have gone read all the posts of Gaston as suggested and it was a great read. Also red post of Darkstar and some others.
A fascinating theme is that the guys who know what to look for (SKFX, Gaston, Daytrading, Darkstar, ect...) do discuss some of the aspects of this concept of order flow and market innefficiency but refrain from going too far in explaning it. This particular aspect is what make me in a constant search to find what they did found as i am sure it can be found.
I think i begun to get an idea of different market innefficiencies that i will begin look for and will dig into it until it click.
Anyway, great thread guys and please continue the discussion as it is a A+ thread to me as it interest itself to the root and crucial aspect of trading which, until found, nobody can really think to become successful over the long term.
Great trading week to all
Sincerely
Shreem