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- grkfx replied Mar 15, 2012
Get rid of all your charts. Get rid of your chart patterns, price patterns and technical indicators. Don't use any chart patterns, price patterns, or technical indicators until you know how to trade without a chart.
- grkfx replied Mar 12, 2012
If people buy bonds for safety, then assuming those safe haven buyers are able to overwhelm the offers in the market, then they can push prices higher. If bond prices move higher, the bond yield falls. When people buy bonds for safety, they could be ...
- grkfx replied Dec 20, 2011
There is a wonderful exercise you can do to answer your own question. Figure out what your entry criteria is for the PA, S/R and candle formations. Get the chart entry criteria for a very, very good trade using those tools. Then go and find 30 of ...
- grkfx replied Dec 18, 2011
Some people would only recommend to trade off pure technical. Other people would only recommend fundamental analysis. Although, with forex you will find many more technical analysts than fundamental traders. With stock traders you can find a lot ...
- grkfx replied Dec 2, 2011
Why would anyone ever trade with such leverage and such poor money management as to allow one bad trade to take your account into negative balance?
- grkfx replied Aug 30, 2011
Instead of focusing on fundamental analysis I would recommend "Global Macro Analysis" instead. It is similar to fundamental analysis, but it is much more relevant. The market wizards book contain a few interviews with global macro traders. If you ...
- grkfx replied Aug 23, 2011
I wouldn't really worry too much about a forex trading platform or broker stealing your ideas. In order for them to do that, they would need to first identify that your trade signals are worth following. They need to determine whether your system is ...
- grkfx replied Aug 21, 2011
Yes, there is a methodology to calculate the probability of breakouts and sustainable breakouts. You cannot do it every single time. And you cannot get an accurate percentage. If more of falls into a range. And that percentage probability can ...
- grkfx replied Aug 9, 2011
What if what is actually happening right now is a mispricing and the move is about to be faded/reversed?
- grkfx replied Aug 9, 2011
Thank You for your response Mr Breakout. Na, I am not talking about fundamental analysis. I am not going to try to defend that. If everything is reflected in the price, then I assume that some statistical edge can be found analyzing the USD/JPY ...
- grkfx replied Aug 9, 2011
If everything you need to know is already reflected in the price, then how do you explain news releases affecting the market? Back on August 3, USD/JPY was trading at 77.10 at 9pm EST. One minute later it was trading at 77.50. Looks like price was ...
- grkfx replied Aug 7, 2011
There isn't anything wrong with technical indicators, forex robots, chart patterns, price patterns, astrology, a whole host of other systems and methodologies. There may even be some people making money with them. It just depends how you want to ...
- grkfx replied Jul 28, 2011
Shhh... no need to talk about it. If you stumble upon it, that's great. If not, well... life goes on without the order flow knowledge you may be looking for.
- grkfx replied Jul 28, 2011
They shouldn't have said that. Bad move on their part. Gives the hunters all day Friday to try any shenanigans with gunning the downside barriers with lower risk of intervention. They should have kept up the verbal intervention at least, or ramped ...
- grkfx replied Jul 15, 2011
You don't need IFR to tell you that. You can presume it. You can assume it. USD/JPY was stuck in a huge choppy market. There are option players who have taken out DNT's in order to play the low volatility. Also any bearish players betting on further ...
- grkfx replied Jul 5, 2011
The people hunting the stops have set take profit limit orders, so when the stop loss market orders get triggered they hit the limit orders. Thus, in that case they are a concentration of liquidity to be taken advantage of.
- grkfx replied Jun 30, 2011
"Make everything as simple as possible, but not simpler." - Einstein
- grkfx replied Jun 23, 2011
Someone actually found my information useful? I am impressed trizzle.
- grkfx replied Jun 11, 2011
The pattern can mean different things to different people. A chartist may see it and decide to play it in it's chart way. A stop hunting order flow trader may view it as a potential location to look for stops. But just because a H&S pattern occurs, ...
- grkfx replied May 23, 2011
The average R:R ratio depends on the trader of course and how well they follow the system. Also the average R:R depends on how many trades you want to place and how fast you want to compound your account. I know of trading system that have 80-99% ...