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Understanding how the markets really work

  • #41
  • May 5, 2010 10:12am May 5, 2010 10:12am
waiting to read


Quoting REALTrading
Forex Trading Strategies - 3 Things You MUST Know Before Trading (1 of 2)


In this article You will learn some key things you must know if you...
  • #42
  • May 5, 2010 10:29am May 5, 2010 10:29am
Hey,

I like the cleanliness of your charts, so I went over to your website.
How often should I expect to be spammed if I provide you with an e-mail address?

It doesn't matter, as I have a dedicated spam address, but my theory is that the qulity of a sites information is inversely proportional to their spam.
  • #43
  • May 5, 2010 10:42am May 5, 2010 10:42am
Quoting tfflyer
waiting to read

Very soon.
  • #44
  • May 5, 2010 10:57am May 5, 2010 10:57am
Quoting Ted1983
Hey,

I like the cleanliness of your charts, so I went over to your website.
How often should I expect to be spammed if I provide you with an e-mail address?

It doesn't matter, as I have a dedicated spam address, but my theory is that the qulity of a sites information is inversely proportional to their spam.

You'll never get "spam" from us!

We're not some sort of hard-selling, product-pushing company.

Sending out emails is not something we've done much of.

Of the many, many people who have signed-up and downloaded the 'FREE 17-page Trading Strategy' in the last few weeks; none have received any sort of follow-up email as of yet.

But, if you do receive an email, we guarantee that it will have quality information for you - and generally something you could apply to your trading right away.

Appreciate your concern of not wanting to get spammed.


Cheers,
James

p.s. you can unsubscribe from the email list with a single-click if you so wish.
  • #45
  • May 5, 2010 11:09am May 5, 2010 11:09am
Could You show a bit more of that pattern - i looked for it but was not sure i understood it good.
Maybe some real time example.

Thanks.

Best,
Tom

Quoting REALTrading
You'll never get "spam" from us!

We're not some sort of hard-selling, product-pushing company.

Sending out emails is not something we've done much of.

Of the many, many people who have signed-up and downloaded the 'FREE 17-page Trading Strategy' in the last few weeks; none have received any sort of follow-up email as of yet.

But, if you do receive an email, we guarantee that it will have quality information for you - and generally something you could apply to...
  • #46
  • May 5, 2010 11:22am May 5, 2010 11:22am
Quoting tfflyer
Could You show a bit more of that pattern - i looked for it but was not sure i understood it good.
Maybe some real time example.

Thanks.

Best,
Tom

We've written it down Tom and will do our best to get something to you soon.

Very busy just now. Cheers.
  • #47
  • May 5, 2010 11:48am May 5, 2010 11:48am
Do you find this strategy reliable used for currencies?As you know, the volume in Forex is tick. So it just shows me what I can already see just by looking at the candlestick.
  • #48
  • May 5, 2010 1:16pm May 5, 2010 1:16pm
Quoting Pollux
Do you find this strategy reliable used for currencies?As you know, the volume in Forex is tick. So it just shows me what I can already see just by looking at the candlestick.

What we're showing you is not so much a strategy; it is seeing what is actually happening in the markets.

Order-flow, where traders get forced out, etc.

Volume is only a part of it; it is the easiest way to initially explain the concepts for those who are learning to really understand the markets - as opposed to those looking for a "quick fix" to trading.
  • #49
  • May 5, 2010 3:40pm May 5, 2010 3:40pm
Forex Trading Strategies - 3 Things You MUST Know Before Trading (2 of 2)


London is still the financial capital of the world. Therefor, the London Forex session is the main session of the Forex trading day. This session runs from 06:00GMT to 16:00GMT. The next most important session is the US session which runs from around 13:30GMT to 22:00GMT. The move is more likely to occur at the beginning of either of these two sessions. These are observations from the past -- we highly recommend you make your own observations too.

The Forex market is more 'technical' than other markets. In other words, the traders (professional and otherwise) who participate in the Forex market use technical analysis to trade it -- more than any other market. If you are a discretionary trade, and particularly if you trade price-patterns, you must keep this in mind.

Now, the likelihood that common price-patterns and technical levels will work out is not what is important here -- they might even work less!

What you need to take note of is that other traders will be observing the price-patterns as they unfold. You must try and observe what they are observing.

This is where trading gets a little more tricky. We'll leave that for another article.
  • #50
  • May 24, 2010 4:50pm May 24, 2010 4:50pm
There are many outfits trying to get your attention in the Commercial section of FF.

Were no different in that regard... BUT, we do believe we offer genuine value to you.

This is our shameless plug to get this (what we think is a) genuinely helpful thread up the ranks again.


All the best in your Trading.
  • #51
  • May 25, 2010 12:48pm May 25, 2010 12:48pm
Hi

i am waiting to see something.. :}

But yet nothing more than on Your webpage already quite a lot of time

Best,
Tom
  • #52
  • May 26, 2010 4:05pm May 26, 2010 4:05pm
Quoting REALTrading
Were no different in that regard... BUT, we do believe we offer genuine value to you.
Looking for a kind of 'orderflow for beginners' course, I purchased your e-books.

I don't intend to write a book review, but I'll say I definitely learned some new perspectives and techniques, in terms of interpreting price and volume. However, some of the techniques outlined require a charting package that separates both bid and ask volume. And, for better or worse, most of the example charts in the e-books are not spot forex; while the psychology that drives all markets is necessarily much the same, forex differs fundamentally from other markets (some thoughts here, for example).

I'm also starting to work my way through the threads on VSA both here and at Traders Lab. I'll be interested to discover similarities and differences in the material presented there.
  • #53
  • May 26, 2010 10:33pm May 26, 2010 10:33pm
Thanks hanover. Fairly happy with what you've said.

You're right, it's not about spot-forex specifically (especially because of the lack of volume information), but the price-action (and macro-psychology) analysis works for any market.

There are no indicators or things that may put you off understanding exactly what is happening in the markets.

Thanks again hanover...
  • #54
  • May 27, 2010 11:38am May 27, 2010 11:38am
Updated first post to include more information.
  • #55
  • Oct 1, 2010 7:49pm Oct 1, 2010 7:49pm
where is everyone?
question though....
we have a volume of 1000 on a bar...which represent say

200 buyer and 800 sellers.... I would think that in the end.. the market maker matches 200 buyers to 200 sellers...and must absorb the difference or 600 sellers......meaning the market maker...who I would assume is the only guy who can buy the bid price... becuz I can't....has a position of 600 contracts accumulated from that bar..... look at these charts in this thread again and look at high volume bars and the difference in bid / ask delta....
  • #56
  • Nov 6, 2010 5:43pm Nov 6, 2010 5:43pm
Quoting Twiitch
where is everyone?
question though....
we have a volume of 1000 on a bar...which represent say

200 buyer and 800 sellers.... I would think that in the end.. the market maker matches 200 buyers to 200 sellers...and must absorb the difference or 600 sellers......meaning the market maker...who I would assume is the only guy who can buy the bid price... becuz I can't....has a position of 600 contracts accumulated from that bar..... look at these charts in this thread again and look at high volume bars and the difference in bid / ask delta....

It doesn't really work like that. Volume of say 1000 (buying + selling) on a bar represents the total number of contracts lifted on the offer and total number of contracts hit on bid for that time period. There could be any number of contracts being bidded and offered.
  • #57
  • Nov 8, 2010 11:35am Nov 8, 2010 11:35am
Quoting REALTrading
It doesn't really work like that. Volume of say 1000 (buying + selling) on a bar represents the total number of contracts lifted on the offer and total number of contracts hit on bid for that time period. There could be any number of contracts being bidded and offered.
only closed trade data matters
  • #58
  • Last Post: Nov 9, 2010 5:00am Nov 9, 2010 5:00am
Quoting Twiitch
only closed trade data matters


This depends on which markets your trade.

Trading the Emini, for instance, would not yield you much benefit... however, let's say you trade interest-rates, well your entire method(s) can be based solely on open-interest on the orderbook.

Hope this makes things a little clearer.
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