I'm still on the OFT mailing list as I was one of the ones to get the book when it was first launched and join the first forum/trading room. Anyway I left trading all together a few years ago so I've simply been reading the emails I get sent with ...

You appear to have misunderstood my post; given that I compared it to voting for MEPs, obviously I am not talking about binmen or other similar "civil servants".

Is their best rebuttal "but it's not as big of a bureaucracy as the US"? The US and Paris bureaucrats are elected presumably and can be replaced; we can elect our own MEPs who can be ignored by the majority that no one in this country voted for... ...

So... not a myth then? Whether it's technically feasible at the moment is irrelevant, since what the EU is keeps evolving, and always in the direction feared.

So why is it a "myth" if their conclusion is simply "but it's for your own good!"? Not that it matters, quoting the Washington Post is like me quoting a UKIP article busting "myths" about why the EU is so good. Hardly unbiased conclusions.

I'm unfortunate enough to occasionally spend my lunch with nothing better to do than read a discarded copy of the Metro. When Farage quit the headlines were something along the lines of "Farage and Boris quit... Is this what they meant by Leave?" ...

Well that might work in Switzerland where there are lots of cantons, but if you tried to do it in the UK by country it couldn't work because there are only four. To get a majority it would have to be 75% of the countries. If you do it by "regions" ...

There was a 72.2% voter turnout, and obviously those who didn't vote are intentionally getting no say, so no, it's not at all undemocratic. In fact a referendum is the most democratic way to decide things. A valid argument is that it's not fair for ...

Even the leftist BBC understands the petition for a second referendum is nonsense:

The hilarious thing is that now the EU leaders are saying that this is a wakeup call and they need to address the concerns of the people, make sure they are flexible towards the needs of various member countries... well guess what, Cameron went to ...

The BoE has done its share of scaremongering to try to prevent a Brexit, but now that it's happened, watch and see how suddenly everyone becomes more pragmatic. This isn't simply a case of trying to prevent capital flight, or keeping inflation under ...

Second referendum, what a joke. You can't change the rules after the fact just because you don't like the result. You can sign the petition all you like, but you lost the referendum, the country voted out, and that's that. Then the talk of property ...

It is him I think, back in the day that was his name on his facebook profile (before it was asscoiated with this whole forex thing) and he had family members etc. Also had a real estate website I think? Not sure what other name you're thinking of... ...

Well I would hope that everyone who cares about r/r understands that it's not only about the risk vs reward but also about the frequency of loss vs win. You can't have one without the other, as e.g. decreasing your SL may improve your r/r ratio but ...

Hi, With spot fx you're unlikely to be able to see the flows; what I meant re: verifying your order flow proxy was to test it in a market where you do see the flows e.g. futures, so you can compare what your proxy shows there with the actual flows ...

Hi gspajon, This is simply not the case. You said you have a proxy for order flow. How do you know whether it's accurate? Have you tried it on a market where you can actually see the order flow and verified its accuracy? Just a question, not the ...

No because as pointed out above value is subjective (value is in the eye of the beholder). But even if you could, you couldn't monetise it as far as trading goes, since your calculation of value would likely have little to do with what is actually ...

Exactly, I'm thinking it's based on "hedge funds typically return those sort of percentages, therefore that's what professional traders aim for". I can't speak for most but certainly in prop (non-spreading strategies at least) no one aims so low.

My initial reaction to the two images you posted with volume profile-style tick volume is, it looks almost the opposite of "real volume" VP. For example turning points or prices where the market bounces off then goes right through (see highest red ...

Not sure if this will be of much relevance since I don't trade spot fx anymore, but... I trade FGBL (bund futures) and my method is definitely based on "order flow". I use Market Delta's footprint as my main tool for reading the flow (it's basically ...