Current target: 0.9470 and rising
POSTMASTER
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
DislikedUSDCAD H4 is moving down with D1 so this is a case of waiting for H1 to correct before taking a short if the opportunity arises.Ignored
Disliked{quote} Hi Pat, In my day as a bank/hedge fund trader there weren't as many 'retail traders' and we certainly gave no thought to them re liquidity, stop hunting, or anything like that. Yes, today there are more of them and they contribute more volume but at best guestimates it's still only circa 5% so although some more clued-up boutique funds may know where retail stops are and how they are positioned, most trade longer-term global macro/fundie/quant models so entry is less important than the exit - which will happen some way down the line, when...Ignored
Disliked{quote} Inducement and Liquidity Yes, market makers (MMs) use liquidity and inducement to their advantage. They are two of the most important concepts that retail traders need to understand in order to avoid getting caught in their traps.Ignored
DislikedThank God no major player is here on forum. We are all fish, because of this it doesn't matter what any of us trade and by how much haha. So, all those who are afraid to share their system or won't post live trades because smart money will know are ridiculous.Ignored
Disliked{quote} I didn't see Dave posting any trades, so I'll post it myself. If Dave did post trades, then I apologize. That subject has come up previously. I addressed it as well. As a reminder, I had a Trade Explorer open for about a year with every trade available for anyone see and scrutinize. About 330 trades in all. A TE is much more telling than posting "live trade entries", which is why hardly anyone in this thread has a TE open for public scrutiny of the trades. And although no "live entries" are posted, these...Ignored
Disliked{quote} How many retail traders need to fill up a 700lots Daily Institutional Trades at one price Level? Now at each price level, orders like this or much bigger is waiting to get filled. Shark eat Shark, in this oceanIgnored
Disliked{quote} Inducement and Liquidity Manifest into chart. This is how I see ( not necessary correct) "Can listen but not to follow"{image} Any comment welcomeIgnored