Just an FYI, anyone who requested updates on the old site doesn't need to do so again. Your already on the list.
DislikedI don't care how much it costs, I want it!!!!!111Ignored
DislikedDarkstar's website has been updated if anyone wants to take a look.
"Sadly, even after nearly a 1000 forum posts on the subject, not many have been able to figure it out."
I feel retarded. I think Darkstar is a smart guy but I think I am as smart as he is... yet I just can't get my mind wrapped around the order flow mindset fully. I understand that orders cluster and from the literature I can see where these orders "usually" cluster... I think I'm gaining a better grasp on the effects of options on the spot market... I understand SL hunting...Ignored
DislikedDon't feel bad man. You're working on it and you have the attitude that will no doubt get you there. For me, I had to break away from all the academic things and take what I had learned there and just go to the market to start learning. Open your charts and carefully skim all the data you can get your hands on.
[color=black][font=Verdana]As I have found, it's pretty much impossible to take the things learned from all the sources floating around here; Harris, Lyons, Osler, Ect and effectively sublimate...Ignored
DislikedAs I have found, it's pretty much impossible to take the things learned from all the sources floating around here; Harris, Lyons, Osler, Ect and effectively sublimate them into a profitable trading strategy. I felt for a long time about those I just mentioned like pip and mark feel about me. They passed on a lot of good information, but it's hard to see examples of what they are talking about in the market. Have you noticed in the Harris book in the discussion about how orderflow impacts prices that no examples are given?...Ignored
DislikedBecoming a proficient trader is such a weird process... unlike other pursuits the carpenter knows he is becoming more proficient when he is advancing in the things he is able to craft. The lawyer understands he is becoming more proficient by being able to craft stronger legal arguments than when he first began.
The trader has no real midpoint or stepping stones... an individual who is trying to become proficient and profitable in trading can go on learning and reading forever without ever accomplishing this goal. Sure he learns about trend lines,...Ignored
DislikedAnyone here know what London fix is? I see it mentioned on some news sources. In fact I need to read more on all these "fix" times. And month-end flows and all that lol.Ignored
London fix is 16.00GMT.
DislikedAs one trader, I believe said on this forum, "trading is an art form"Ignored
Disliked".....I can give this rule: In a narrow market, when prices are not getting anywhere to speak of but move within a narrow range, there is no sense in trying to anticipate what the next big movement is going to be up or down. The thing to do is to watch the market, read the tape to determine the limits of the get-nowhere prices, and make up your mind that you will not [font=Lucida Sans Typewriter, Lucida Sans Typewriter, sans-serif]
DislikedLet's throw some ideas around... Considering the EU's bearish outlook at present re. the whole Greece issue, the fact that we have large vanilla options sitting at 1.35 (plus more below), and presuming buy interest will be substantial around the 1.34 level... who agrees that short EU is on the cards?
PURELY FOR BOREDOMS SAKE WHILE WATCHING THE MARKET TODAY I'll take a punt. Pending short order at 1.3550, Stop 1.3620, profit target 1.3420. 70 pips risked at risk for a 130 pip gain.
Logic: The stop is beyond where I would presume a stop hunt would...Ignored
Disliked... who agrees that short EU is on the cards?
DislikedWith there being only 1 liquid trading day left before Easter I wouldn't go all crazy trying to read too much into the EU bearish outlook. Yeah there could be some people initiating fresh swing shorts at these levels. Today as it was yesterday, will be more about end of month/quarter flows and position squaring before the holidays. Mix in some stops at the ranges and you can start putting the pieces of the puzzle together...Ignored