Stating The Obvious and The Quest For Wisdom

Here are some links for you.

No kidding! Anyone want to buy a huge stack of trading books? LOL.

Thanks FXSurfer and eurotrash will take a look at it.

Thanks for the book info

Why do institutions spread large orders between three, or more brokers, use iceberg orders, and stealth trading. If it's not important, why hide it.
Paradoxically the majors are hiding what the minors aren't even looking at ?. If nobody's looking they won't see the gorilla.

Learn about the inter-relationships between the following four market segments; OPTIONS,STOCKS,FUTURES AND CFDs.
Learn about arbitraging. What. Who. How. Why. When.
Learn about the 4 segments from the perspective of writers of the derivatives.
when you have learnt that fully you will begin to understand.

are u asking a question or trying to make a point/make us think?
Thanks

I have the same question for you...

Myself I'd rather just ........... trade.

FTC.....again.....

I feel like Parazite is going to open up a trading room. It's this damn gut feeling... *runs off to search for newly created websites* lol

Who is going to FXCM's "Currency Trading Expo" in Vegas on May 3-4?

Maybe, some of the workshops seem interesting.

Hey Scotty,

This thread going to fire back up? Looks like a lot of the dillweeds found a new home at Domino's place, so this thread should be a bit cleaner going forward.

lol Goose

its a shame you bottled out of continuing your thread...

OMG this is good. LOL!

FTC...my new favorite acronym!



BTW: What happened with the thread?

FTT...

The thead really slowed down because there was no system offered here. I'm working through starting a new OFA thread (this thread wasn't meant to be one), where there will be rules and an outline to stay on topic. It will most likely be a couple weeks out though.

If nobody has noticed, I've had en epiphany when it comes to orderflow and value. Value is not fixed, it is not one price. Value when it comes to trading has to do with the sign of the position (long or short). I have for the most part forgotten about the micro trades, orderflow in it's most powerful sense is a long term mindset. Investors want a probable bet, and they look long term. The answer has been hiding in news stories that speak of investors unwinding their carry trades. Investors will continue buying a currency as long as nothing major changes in a relationship between two countries and there is interest to be made. Investors not only have incentive to buy the "safe" bet when they make interest on trades, but to buy in unison as well. In working together they move rates over time in their own favor and collect interest along the way. The downside to the practice is in unwinding trades and eating into rate change profits, but the collected interest along the way compensates for this to a degree. As the trade fundamentally remains safe, and there is interest to be made, buying will continue. This is why, in my humble opinion, that trends in the fx market don't follow a Gaussian distribution. The trend will remain intact as long as interest is paid, other than occasional squeezes and bluffs. This is how successful traders have the ability to predict rates so far out and why they have the confidence to let trades run for YEARS if the fundamentals support it.

I have more to say about all this, but I thought it was time to revive this thread, or at least input a new, truly common sense approach to orderflow.

Looking long term, trade calls will be few, but if no big news comes out regarding EU through the week before Friday, I think we'll see a strong rebound off of 1.3750. I am pulling that number out of thin air, but I see the "25's" in price as significant "landmarks." if 1.3750 doesn't catch the market, and no big news that would affect a long term trader (interest rates, or EU debt) then I think 1.35 will.

Good trading to all,

Jim

Scotty, this is a beauty of quote, and if people really took this to heart, it really gives a new meaning to letting your winners run.

Well, as with any other tool, order flows still needs to be incorporated in a system and traded with discipline. So if you're making money in the markets, you probably have some order flow analysis already incorporated in your system even if you're not aware of it. SL levels and move exhaustions can be predicted by using a basic chart alone if you have an eye for detail, at least that's how I've been doing it in the last 4 years.