- Search Forex Factory
- Scotty B replied Oct 3, 2022
Dude, you're keeping this train rolling. What a long strange trip it's been. I hope all of our FL brothers and sisters are okay and getting things cleaned up following Hurricane Ian. I hope everyone who has come and gone from this thread and idea ...
Indicator Free Trading - Skunny
- Scotty B replied Apr 11, 2022
Always buy low! It's that simple. I got stuck in the trap that is FX for years! I had to learn the hard way. One day it occurred to me to zoom out. Yes, FX is 'the biggest market in the world,' but that doesn't mean it's ripe with opportunities. The ...
Post a profitable strategy
- Scotty B replied Nov 13, 2021
I should have at least briefly mentioned what the order flow game is: We will use chess as the mental model to hang our understanding on: In chess you have a game board, game pieces, rules of the game, and the unseen decision making process in your ...
Order Flow - Achieving the mindset
- Scotty B replied Nov 13, 2021
Still alive?! Ha! I find it fascinating how many flavors the order flow approach has taken on over the years. Most of what I see nowadays is market profile stuff, the big insights are not to be found there, at least nothing terribly exciting that ...
Order Flow - Achieving the mindset
- Scotty B replied Jun 11, 2020
HAHAHAHA!!!!! Yes!! Because I'm not a banker, it's all mostly narrative bias, confirmation bias, and a cloudy view if we're being honest. Ahhhhh, call me a Muppet. But worth a swing.. The run up on this one was a lot of fun.. Feels like all the ...
NZD/USD
- Scotty B replied Jun 11, 2020
We are in an interesting zone, loading up again with tight stops. If we keep going up, we are in the neighborhood.
NZD/USD
- Scotty B replied Jun 10, 2020
The sad thing is that you should be right, again, NZ is the model, we know what is possible, we could have had Covid beat by now. Contain the economic effects to a quarter or two. Instead we're dragging things out and the even though the US is ...
NZD/USD
- Scotty B replied Jun 10, 2020
Covid-19 is rapidly spreading in states where lockdowns have eased. Arizona and southern states are in trouble and we are talking summertime spread. The current disease pressure is the seed for the cooler months ahead. In my opinion, the US will be ...
NZD/USD
- Scotty B replied Jun 5, 2020
Here is some weekend reading material: url Great article that explains some of the drivers of this trade, much of them being the stance of NZ as a safe haven, that is the really critical piece. As soon as that gets wonky or comes into question, ...
NZD/USD
- Scotty B replied Jun 5, 2020
What a ride so far, great work holding on! I know a lot of folks have their attention stuck on AUDUSD, but look at the price action there - that pair is running into a wall of liquidity at .7. If you look at the NZDUSD chart you can see no such ...
NZD/USD
- Scotty B replied Jun 2, 2020
Steady progress seen in the long NZDUSD position. Unsurprisingly, NZD and AUD have been the biggest movers against the USD in recent weeks. We learned this week that New Zealand's efforts have truly paid off as the country hasn't had a new Covid ...
NZD/USD
- Scotty B replied May 21, 2020
Anybody looking at NZ? USA printing like mad NZ brought virus under control, may do far less printing relative to USD If I'm right, first target is $.75 - will we see parity in next year? As long as NZ doesn't pull their rates negative, could ...
NZD/USD
- Scotty B replied Nov 25, 2019
Interesting thread. Good for new traders to learn the mechanics behind the market. I've walked and extensively explored these same trails. Eventually everyone will come to the point where they realize that knowing how the motor is put together ...
Discussions on Order Flow/Volume
- Scotty B replied Jan 21, 2019
Interesting read. Another point should have been not to mortgage one's future while in college. I know a lot of people who are $60-100K+ in school debt. Many of these folks have worthless degrees that don't pay for themselves. I know a guy who is ...
How to Get Anything You Want (free ebook)
- Scotty B replied Jan 21, 2019
BTW, USDCAD is a similar trade, I'm long that pair also. These are the only pairs currently worth the trouble of trading IMHO. Everything else is running sideways and quiet (transaction costs kill), or at a place with significant retracement risk. I ...
USD/MXN -- US Dollar / Mexican Peso
- Scotty B replied Jan 21, 2019
Yes, stops set to B/E and we walk away, forget about the trade for awhile. I will watch my weekly chart and make sure things are tracking accordingly. I will update when I close the trade, hopefully not for a while.
USD/MXN -- US Dollar / Mexican Peso
- Scotty B replied Jan 14, 2019
I'm long also, my trade from last week got stopped out. Today we reached another good entry zone, trying again. If the market keeps heading south from this point it will signal that there is no longer money in this pair, at least for now. I wouldn't ...
USD/MXN -- US Dollar / Mexican Peso
- Scotty B replied Jan 10, 2019
We are at our acceleration point for a possible longer-term buy. No guarantees of course, but worth a shot. This pair can get wild, expect a sweep of current lows, but again, we're in the neighborhood. Use your stop losses, kids.
USD/MXN -- US Dollar / Mexican Peso
- Scotty B replied Jan 8, 2019
Trading is always tentative. None of my buy limits were filled, but I don't think I missed the train. We are still hanging out at important levels, it'll likely take the news this week to make or break the trade. I am looking at the 1.3125ish level. ...
USD/CAD
- Scotty B replied Jan 8, 2019
If the long works, we're about to get our pin bar. This thing might drop down to 1.3175--another key level, be careful, don't submit a limit without a stop attached.
USD/CAD