How were you able to conclude that the digital option holder has to keep it below 1.3125? How can you determine the put/call nature of the option?
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DislikedHow were you able to conclude that the digital option holder has to keep it below 1.3125? How can you determine the put/call nature of the option?Ignored
DislikedAs someone already stated (you i believe).. news feeds, like IFR, give you the rumors and info.Ignored
DislikedSorry for the ambiguity; I meant why below as opposed to above? I don't recall the nature of the order being stated. Perhaps I am just sleepy
Regards,
xXTrizzleXxIgnored
DislikedYou can see some BEAUTIFUL stop hunts going on (the price attacks the thick red/green line which are clustered orders)Ignored
DislikedHi guys,
Since the FX market is OTC, there is no "center" orderbook or whatever I should call it. What we have is FXCMs orderbook, OANDAs orderbook etc. which wont help at all because no big banks or big indivduals trade their order thru these small retail brokers.Ignored
Dislikedthreads like these always fade in nothingness...
come on guys, we learnt that to be consistent we need to exploit market inefficiencies, and orderflow gives you a chance in that, but how with only a chart?
Let's get some new ideas here.Ignored
DislikedHi guys,
I have been reading allot of Darkstars posts and found this order flow stuff very interesting.
So I have been looking around the net for Order flow info and just found things about "tape reading" and level 2 orderbooks etc but here is my take on it:
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PS. Sorry for my English, if you do not understand what I mean I will happily try to explain it more.Ignored
DislikedThanks for the effort.
Is there some software that allows to record all this data in parallel?Ignored
DislikedVery good initative there, Scott. Thank you.
I have also noted that the order flow threads always end abruptly. But in this case I have written in the first page why I stopped writing. You cannot see order flow blindly.Ignored
DislikedI do like the language style you present your thoughts in, your English is quite fine.
Just out of curiosity do I ask this... Why do you think your thought process needs to be changed? Just because one of your stops was taken?Ignored
Dislikedthanks for all ur comments,i mostly learn all this stuff,as i make a trading mistake then fix it up and get my money back,lolIgnored
DislikedSo you mean that you cannot see it on a simple candlesticks chart? That's what I'm trying to do.
I know, market structure understanding is needed, otherwise it's like playinga tetris game without knowing what you have to do...Ignored
DislikedLikewise, techincal traders anticipating a move up here since it is a Support and Resistance area have their stops (MOST LIKELY, NOT GUARANTEED) just below the consoldation area, and if price moves down there their stops will result in SHORT orders and price will cascade down.
The idea is that there are technical traders trying to catch a long BREAKOUT from the consolidation by setting up orders above the consoldation price action. Equally, there are breakout traders trying to catch a short movement (i.e. having stops below consolidation) and...Ignored
DislikedIn each case (up or down) price should cascade in the direction. BUT IT DIDN'T. And I have to know why, I just can't live with the idea that something happens 95% of the time and 5% not. I have to atleast know WHY.Ignored
DislikedAlso consider that even if there are good sized sell orders below consolidation, there can be already existing shorts that push below consolidation and buy back their positions from the sell orders below consolidation, thereby consuming the breakout/stop loss positions without causing a price cascade to the down side - in fact if the existing shorts are larger than the sell orders down there, their buying back will likely cause price to go right back up (and then the new shorts will have floating losses and will start buying back their positions...Ignored
DislikedYour comment here is very good and I quoted the part most interesting. Isn't this what is referred to as "stop hunting"? Triggering the stops and the big guys buy into the short orders that are triggered in the move down?Ignored