- westomarke commented May 12, 2019
I wonder if Trump believes the Chinese government will "subsidize" (e.g. pay the tariffs) Chinese businesses so they won't lose market share. If so then Trump is correct.
- westomarke replied May 3, 2019
url I posted the above link to an article about FX volume. The author has an account on FF and his, "handle" is BillyRayVal. He claims to have worked for banks on the FX side and seems to be a full time trader. Although I think he is primarily a ...
- westomarke replied Apr 25, 2019
"The observation is that on these long (in size) candles that everyone calls "strength" you see very little transactions and trading is very "thin". How is that a sign of strength?" I don't consider this "candle" as a sign of strength. From what I ...
- westomarke replied Apr 24, 2019
I have an observation. I drew a circle around a long skinny, "up-order-flow candle". I am wondering if this, "candle" could reflect the big boys pumping up the price since there is very little if any order flow volume on the top 4/5's of the candle?
- westomarke replied Apr 23, 2019
Ok. I will make a stab at it. The big boys (International Banks, MM's etc.) are buying as reflected by the selling activity from the retailers (Us). If this is true then at some point the big boys will start pumping up the price to start selling ...
- westomarke replied Apr 15, 2019
Hi Don, Where does the data come from for the input to the indicator? FX Broker? Futures Broker? Thanks
- westomarke replied Mar 31, 2019
Thanks for the insight. "However, I am of the opinion (and its only my opinion) that when the data is from a reliable source AND the broker is well regulated and transparent, tick data can be and is a useful component of analysis" Have any ...
- westomarke replied Mar 29, 2019
Just wanted to see what people think about this. Using tick volume to see big banks, MM's etc. trading volume and why it doesn't matter which broker you get the tick volume from: From my understanding tick volume counts a trade transaction (e.g. one ...
- westomarke replied Feb 27, 2019
Does anybody have ballpark margin recommendations between the breech line and SL for 15, 30, 1hr, 4hr, and Daily TF's? I could not find them in the posts, but I could have missed them. Thanks for any help.
- westomarke replied Feb 25, 2019
Got my hat handed to me. Sure glad I am on a demo account!
- westomarke replied Feb 15, 2019
From my limited experience it seems people follow rules, "trading frame work", or system. Then their experience kicks in to actually make it work. All of the experience acquired gives a person a, "sixth-sense", intuition or skill regarding the ...
- westomarke replied Nov 18, 2018
Not all technical traders trade based on probability. Wyckoff traded based on how he thought the big stock sponsors prosecuted a stock campaign and the law of supply and demand.
- westomarke replied Nov 13, 2018
"The world oil price we believe is going to be closer to $80 for the rest of the year and particularly in November and December for Brent" Interesting. I just saw that Crude Oil took a dump.
- westomarke replied Nov 5, 2018
As a Yank, this is an issue that keeps me up at night. I really worry about the deficit. Actually, what worries me more is there is no political will to stop it. About two thirds of the budget is on spending autopilot. Medicare, medicaid and making ...
- westomarke replied Nov 5, 2018
From what your stating, it seems like there isn't much of an advantage to trade Forex because I thought one of the real advantages is leverage. This is compounded by the fact Forex, practically speaking, is not regulated, trading against your ...
- westomarke replied Nov 1, 2018
What does, "PX" mean? Thanks.
- westomarke replied Oct 29, 2018
Ecotrader, I have seen from some of your other posts that you trade the 1 hour time frame. Do you trade other time frames? I was considering using fundamental analysis at one time, but it seemed to me it was best suited for long time frames (e.g. 4 ...
- westomarke replied Sep 12, 2018
From what I have read sitting down a lot is very bad for health. I wonder how many traders use stand up desks?
- westomarke replied Sep 9, 2018
I think using a demo account can dull the affects of Greed and Fear. The demo account can eliminate emotion. Therefore, emotion may need to be created because there are a lot of emotions in live trading! One such emotion could be the hatred or being ...