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Daytrading What IS

  • #61
  • Aug 21, 2011 10:09am Aug 21, 2011 10:09am
Quoting Pokerfxtrade
SKYPE

...............

My partner and I where talking over the weekend and if there is enough interest we will invite some people to LISTEN to our daily conversation on skype and hear our trading talk and decisions.

Between the hours of 7:30 am est - 4 est you can see live in real time exactly how we read the markets.


Sounds like fun. Sign me up, please.
  • #62
  • Aug 21, 2011 10:32am Aug 21, 2011 10:32am
Quoting Pokerfxtrade
SKYPE

[color=Black]I realize these concepts maybe difficult to grasp and may seem very ambiguous to many but I assure you they are really not once you know what your looking for.

My partner and I where talking over the weekend and if there is enough interest we will invite some people to LISTEN to our daily conversation on skype and hear our trading talk and decisions.

Between the hours of 7:30 am est - 4 est you can see live in real time exactly how we read the markets.

Don't worry mods we are not asking for...

great idea, I'm interested. thanks
  • #63
  • Aug 21, 2011 11:03am Aug 21, 2011 11:03am
Quoting traider
Agreed. Although I see the candles, I don't see them as labels but rather instances of the flow (I shall increasingly try and cultivate the auction mindset however). You of course have the advantage of having been at the coal face of the auction so you are just that one step closer which is where your very generous thread will be of immense help, and thankyou for that.
Thank you both, I get what you are saying. I was thinking in terms of a rule based way of getting involved once one thought he or she was in tune with the "flow"
  • #64
  • Aug 21, 2011 3:40pm Aug 21, 2011 3:40pm
Quoting Pokerfxtrade
I HIGHLY recommend that you and everyone else go to a live Car Auction and see the dynamics of products that are in Demand vs. those that are less desirable.

http://www.barrett-jackson.com/event...egas/schedule/

Once you see the difference then you can apply the same Auction Process Theory to live trading.
I've been to numerous auctions, both cars and houses. What obviously interests me about pit auctions is whether there are differences. Or are they essentially that same as the other two I mentioned...a mix of direct and indirect (phone. online etc, etc) with similar contextual flows.

Whats your take? Did you get the feel that you might as well have been bidding for a car?

Ta
The road to pipland is arduous and fraught with challenge.
  • #65
  • Aug 21, 2011 3:43pm Aug 21, 2011 3:43pm
Quoting Pokerfxtrade
SKYPE

[color=Black]I realize these concepts maybe difficult to grasp and may seem very ambiguous to many but I assure you they are really not once you know what your looking for.

My partner and I where talking over the weekend and if there is enough interest we will invite some people to LISTEN to our daily conversation on skype and hear our trading talk and decisions.

Between the hours of 7:30 am est - 4 est you can see live in real time exactly how we read the markets.

Don't worry mods we are not asking for...
Awesome!
The road to pipland is arduous and fraught with challenge.
  • #66
  • Aug 21, 2011 7:54pm Aug 21, 2011 7:54pm
Quoting Pokerfxtrade
SKYPE

[color=Black]I realize these concepts maybe difficult to grasp and may seem very ambiguous to many but I assure you they are really not once you know what your looking for.

My partner and I where talking over the weekend and if there is enough interest we will invite some people to LISTEN to our daily conversation on skype and hear our trading talk and decisions.

Between the hours of 7:30 am est - 4 est you can see live in real time exactly how we read the markets.

Don't worry mods we are not...
I would be very interested, thanks!
  • #67
  • Aug 22, 2011 3:55am Aug 22, 2011 3:55am
Would be very interested to hear an experienced person working through how they trade live
josh
nollej is power..
  • #68
  • Aug 22, 2011 7:03am Aug 22, 2011 7:03am
SKYPE CONTACT INFO

If your interested in joining in to listen to us please contact

Brianw09 on skype

St Louise, Missouri
  • #69
  • Aug 22, 2011 8:31am Aug 22, 2011 8:31am
Quoting Pokerfxtrade
SKYPE CONTACT INFO

If your interested in joining in to listen to us please contact

Brianw09 on skype

St Louise, Missouri
How can someone who lives in St. Louis spell it with an e at the end?

I think you've just dropped the hook.
  • #70
  • Aug 22, 2011 8:52am Aug 22, 2011 8:52am
Quoting Dopey
How can someone who lives in St. Louis spell it with an e at the end?

I think you've just dropped the hook.
His profile says "Canada"
  • #71
  • Aug 22, 2011 9:20am Aug 22, 2011 9:20am
Just a quick message to the two previous posters... Pokerfxtrade is not Brianw09 on skype, he is is one of his mates that is in the skype room at the moment as well.. So far he has been very generous so lighten up on him id say
josh
nollej is power..
  • #72
  • Aug 22, 2011 2:03pm Aug 22, 2011 2:03pm
Just want to thank Sam and Brian for an educational morning. I hope we can do that again.
  • #73
  • Aug 22, 2011 3:39pm Aug 22, 2011 3:39pm
Quoting IanMH
Just want to thank Sam and Brian for an educational morning. I hope we can do that again.

me too , thanks guys great day.

Vanessa aka Jon
  • #74
  • Aug 22, 2011 5:46pm Aug 22, 2011 5:46pm
Thanks Guys it was fun in the skype room today

These are the trades we took in the room today.

Tell me what you see?

1. A random auction trading in an undefined boundary?
2. Selling pressure that is consistent?
3. An auction where there is a clear opinion of too high and too low?
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  • #75
  • Aug 22, 2011 5:51pm Aug 22, 2011 5:51pm
The answer is 3.

Once we where able to define clearly where the boundaries of too much was and once the market got back inside that boundary a test of the other side was likely.

We entered our trade at the arrow down and we actually had a misclick and we would have had a nice runner for an extra 30 or so pips but it was still a winner.
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  • #76
  • Aug 22, 2011 5:57pm Aug 22, 2011 5:57pm
Hey Poker,
Excellent trades today. I really enjoyed the commentary and discussion taking place.

Just curious, what is that indicator called on the lower panel with the colored horizontal session lines? I'd like to add that to my charts. Thanks and I'll talk to ya in the morning!
  • #77
  • Aug 22, 2011 6:06pm Aug 22, 2011 6:06pm
Quoting scottymoll
Hey Poker,
Excellent trades today. I really enjoyed the commentary and discussion taking place.

Just curious, what is that indicator called on the lower panel with the colored horizontal session lines? I'd like to add that to my charts. Thanks and I'll talk to ya in the morning!
Thanks Scotty,

It's just a market hours indicator ask me during a slow time tomorrow and i will send it to you in the room or better still ask brian
  • #78
  • Aug 22, 2011 6:09pm Aug 22, 2011 6:09pm
Today's 2nd trade.


Tell me what you see?

1. Strong directional selling?
2. Strong selling with pullbacks?
3. A dog with a red collar? lol

Sorry but a little humor is always good.
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  • #79
  • Aug 22, 2011 6:12pm Aug 22, 2011 6:12pm
1. Upswings are not decisive enough to be an issue for me.
The road to pipland is arduous and fraught with challenge.
  • #80
  • Aug 22, 2011 6:14pm Aug 22, 2011 6:14pm
This trade was super interesting because before we could find away into it the market changed and then we were able to exploit the change for a easy and safe entry that worked out nice.

I just exited the runner a few moments ago.
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