I've seen more radical lettuces than this drivel. Get rid of the politicians and corporations that provide the very freedoms that allow you to rail against them.... right. As for the elite vs the masses. Sweet conceit but it's just that. Everyone ...

Thinking Outside the Box!?!

And the thinking out the box message in all this? Once you start to form a view, it's really hard to shake it off because you invest your ego into it, and changing your mind becomes exponentially harder. It's a human trait, so I won't pretend I'm ...

Thinking Outside the Box!?!

Eh Tdion, welcome back from the wilderness. Good to see the cynicism is still ramped up to 10 though your conclusions are bat crazy if you don't mind me saying. I don't get this mysterious abstraction of the market. It's made up of people making ...

The market never cared about your moving average or candlestick analysis

Hoping the vote won't fail. I'd quite like the global economy to hang together if it's all the same

Order Flow - Achieving the mindset

1 year... — The one thing that really jumped out from that thread - you were trading just 1 year before you figured this out? 1 YEAR?! Hats off, that takes some doing.

Order Flow - Achieving the mindset

To the OP... — best use of relative strength I've found is written by Silvani. paraphrasing it roughly, if you think dollar is going up for eg, use crosses to determine best play. if EG is coming to support, short GU. To resistance? Short EU. ...

Intra day currency strength/weakness...

Couple of great finds there Unnamed and Mikkom. That BIS survey is pretty telling reading on top of those stats. Also, from Mikkom's: "local currencies tend to depreciate during their own trading hours" Something I'd never noticed.

Intra day currency strength/weakness...

Either look to run very very tight stops (taking advantage of your small size) or set it wide enough so that it's bigger than the average dealers inventory, so you can stop and reverse on a retrace. If not, you're looking at an FTI style strategy, ...

Forex loss recovery strategies

Very cunning. How do you know there's a difference between UK and US sessions?

Intra day currency strength/weakness...

Ah you mean nailing a great trade based on getting an idea or concept? OK I get you. In that case, yes. It feels amazing

The Moment Of Victory

Go on then. I've had dozens of these moments. A bit like crack probably - first time amazing, getting progressively less so until it seems fairly routine. Principally because context is everything, unless you've found a pure quant edge in which case ...

The Moment Of Victory

Cool. Not my bag, but best of luck to you.

Discuss failure Trades

How do you know? Not taking the piss, just curious

Discuss failure Trades

I'd say you've already nailed the problem.

Discuss failure Trades

Liquidity pen.

Order Flow - Achieving the mindset

Just caught this blog and I totally long it. Your statement about records is almost word for word what I heard from a guy who runs a hedge fund at the weekend. Ignore at your peril!

Fail Better

Cheers Las - got a copy now to watch this w/end. There was something in the papers about it yesterday, with an ex GS trader saying: "Lex van Dam: Nowhere is the average pay per IQ point higher than in the City. How is it possible that bankers get ...

Forex market volume jumps 7000% in 1998

Thanks Rex, Slack for the info. In terms of expansion, the most recent BIS survey passed me by: we're now up to $4bn/day up from $2.2bn in 2004 (see below). The increase in volume - I'm guessing your looking at tick vols right? - would probably be a ...

Forex market volume jumps 7000% in 1998

Interesting. Las, is are there any credible names saying it was engineered?

Forex market volume jumps 7000% in 1998