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  • #101
  • Oct 29, 2015 12:25pm Oct 29, 2015 12:25pm
Quoting willo123
If you look at the order graph you can see that they have moved their stops. This is before the pin {image} This is now {image} The've gone from being between 1.0990-1.1000 To now being 1.1000 -1.1010 There scared that the market is gonna hit their stop because they see that this 1hour candle is bullish.
struggling to read the Oanda order book,any suggestions??
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  • #102
  • Oct 29, 2015 1:06pm Oct 29, 2015 1:06pm
Quoting sunnym
{quote} struggling to read the Oanda order book,any suggestions??

yeah an indicator with areas son the actual chart would be great
  • #103
  • Oct 29, 2015 1:30pm Oct 29, 2015 1:30pm
Quoting willo123
be back in 15 gotta go shop get some ciggs

Hi willo, good thread you have here.
PS: But you need to stop smoking or smoking less
  • #104
  • Oct 29, 2015 1:37pm Oct 29, 2015 1:37pm
Quoting sunnym
{quote} struggling to read the Oanda order book,any suggestions??
Hi sunnym, hope the video helps.

Inserted Video
  • #105
  • Oct 29, 2015 3:05pm Oct 29, 2015 3:05pm
Thank you seahorse and yes i probably do need to cut down a bit lol

It would be great if there was an indicator which plots the orders on mt4 but unfortunately i don't think one exists, will have a look around see if i can find anything.

Which part are you having trouble with sunny ?
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  • #106
  • Oct 29, 2015 3:22pm Oct 29, 2015 3:22pm
Buy stops are above the pin now

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  • #107
  • Oct 29, 2015 6:41pm Oct 29, 2015 6:41pm
Quoting willo123
Buy stops are above the pin now {image} {image}
I guess to be a valid long, price needs consume (engulf) the Flags....

Kind Regards...
  • #108
  • Oct 29, 2015 6:50pm Oct 29, 2015 6:50pm
Hi hazor not looking for longs looking for a short, checking the graph it looks as though the buy stops have been moved back to the 1.10000 - 1.10100 level

Still a bit risky for a short would prefer the stops to get hit around London open.

I take it your of the rtm teachings.
  • #109
  • Oct 29, 2015 7:06pm Oct 29, 2015 7:06pm
Congrats on a great thread. One question I have is:

Looking at the open position graph for long positions positions above the strike price are green and below are red. Why is that? Intutively, it should be opposite.
WANT WHAT THE MARKET WANTS...
  • #110
  • Oct 29, 2015 7:14pm Oct 29, 2015 7:14pm
Thanks countex

Not sure if I know what you mean , the long positions above the current price represent traders who went long but are now at a loss whereas the longs below the current price are the ones who are currently at a profit (these are colored orange for me for some reason)
  • #111
  • Oct 29, 2015 7:19pm Oct 29, 2015 7:19pm
Hi guys, Seems we are all in different locations around the world so while some are having a great discussion, others are out for the count. May I make a suggestion, when discussing points of interest and for the sake of continuity is it possible to include screen shots of areas or interest so that we can all pick up on the conversation when we return to the thread?

Cheers

Dane...
  • #112
  • Oct 29, 2015 7:21pm Oct 29, 2015 7:21pm
Yes, the orange ones.

OK, makes sense. so they are in the money, as the video also says. I was confused with my association of blue/green for bullish and red/orange for bearish.

Thanks




Quoting willo123
Thanks countex Not sure if I know what you mean , the long positions above the current price represent traders who went long but are now at a loss whereas the longs below the current price are the ones who are currently at a profit (these are colored orange for me for some reason)
WANT WHAT THE MARKET WANTS...
  • #113
  • Oct 29, 2015 7:44pm Oct 29, 2015 7:44pm
Yh good idea Dane, cant post a screenshot right now because I'm on my ipad ,could you do me favour.

take a look at EUR/USD open orders and see if the large buy stops were hit on the pin bar an hour ago, having problems scrolling along on the
Graph atm doesn't seem to work properly on the iPad
  • #114
  • Oct 29, 2015 7:47pm Oct 29, 2015 7:47pm
Possible first target 1.0900 what do you think?
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  • #115
  • Oct 29, 2015 7:54pm Oct 29, 2015 7:54pm
Quoting willo123
Yh good idea Dane, cant post a screenshot right now because I'm on my ipad ,could you do me favour. take a look at EUR/USD open orders and see if the large buy stops were hit on the pin bar an hour ago, having problems scrolling along on the Graph atm doesn't seem to work properly on the iPad
Sure thing, looks like stops were taken out in this move up, see below;

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Cheers

Dane...
  • #116
  • Oct 29, 2015 8:06pm Oct 29, 2015 8:06pm
Seahorse 1.0900 seems like a good target but I think your looking at the orders from a few hours ago.

Above where it shows the currencies you select to look at orders for you can see a small candlestick chart if you hover your cursor over the candles it will update the orders and positions for the candlestick your hovering over.

I only say this because on the graph Dane just posted you can see alot of buy stops at 1.1000 yet on the one you posted there back near 1.11000 could be some kind of problem gonna switch my laptop on and check now
  • #117
  • Oct 29, 2015 8:10pm Oct 29, 2015 8:10pm
heres what im getting atm

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  • #118
  • Oct 29, 2015 8:15pm Oct 29, 2015 8:15pm
Quoting willo123
Seahorse 1.0900 seems like a good target but I think your looking at the orders from a few hours ago. Above where it shows the currencies you select to look at orders for you can see a small candlestick chart if you hover your cursor over the candles it will update the orders and positions for the candlestick your hovering over. I only say this because on the graph Dane just posted you can see alot of buy stops at 1.1000 yet on the one you posted there back near 1.11000 could be some kind of problem gonna switch my laptop on and check now
New picture.
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  • #119
  • Oct 29, 2015 8:20pm Oct 29, 2015 8:20pm
yep thats the same as mine


Take a look at USD/JPY open orders

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  • #120
  • Oct 29, 2015 8:25pm Oct 29, 2015 8:25pm
I reckon some of the stops were taken out Dane seems as though alot were moved slightly above the 1.1000 level i think.

just goes to show how the psychology of people changes according to what the price action means to them
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