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Monroe replied Jun 28, 2011You know it... now that we know what's priced and whats waiting in the background... lol Indeed, I liked the old market wives tale from Sean Lee on Monday... that if Asia puts in a new high or low on a Monday morning, the rest of the week will be ...
Order Flow - Achieving the mindset
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Monroe replied Jun 28, 2011Today's convential wisdom posted yesterday... before the week started actually, many posts back... you heard it here first. That's how you have to think... as recently posted by RichFWebb, and the Darkstar quote, "The market as a whole calculates ...
Order Flow - Achieving the mindset
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Monroe replied Jun 27, 2011Whats up theColonel... seems pretty reasonable to me. Although I think the drop in Asia was stop driven, as in someone went for the stops below friday's low and furthermore thrusdays lows into the ACB bids for whatever reason. As I said in my ...
Order Flow - Achieving the mindset
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Monroe replied Jun 27, 2011lol you'll get em' next time... good luck out there
Order Flow - Achieving the mindset
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Monroe replied Jun 27, 2011cool, I know someone that was working on that as well... it's very costly to work on that level of play. Only the big dogs can put up that kind of cash for what you need.
Order Flow - Achieving the mindset
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Monroe replied Jun 27, 2011that all makes sense too, but I would go with this... "It started, of course, with the usual Asian central bank collection of EUR/USD for reserve accumulation/ diversification. The Asian session lows were the best levels the ACBs have had to pick up ...
Order Flow - Achieving the mindset
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Monroe replied Jun 27, 2011dealers and hedge funds are known to do this as well even before the new breed of HFT, that's why you trade after the release or in the run up/down before it. btw it seems you're into HFT algo's... are you developing them?
Order Flow - Achieving the mindset
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Monroe replied Jun 27, 2011yea don't get me wrong, I like reading IFR, 4cast, and fxlive... they all seem good in there own ways... but in the end you have to use your head to make the cash, they all help though for sure, that's why I still read them just to stay filled in as ...
Order Flow - Achieving the mindset
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Monroe replied Jun 27, 2011true, it also depends on the liquidity at the time of course, but this is during a highly liquid time in general, but they say many specs are staying aside, so it could be more one sided flow causing extended moves like that plus short covering. I ...
Order Flow - Achieving the mindset
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Monroe replied Jun 27, 2011well thats why i thought the fade was the best overall play after the early move down in asia... then just watch the PA. who knows the reasoning or whats really going on, you can never know if a big order is going to come through or not, but you can ...
Order Flow - Achieving the mindset
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Monroe replied Jun 27, 2011some bullshit, seems like they're all bullshit... that was 4cast
Order Flow - Achieving the mindset
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Monroe replied Jun 27, 2011and then I read this: Large dealer, large order send EUR/USD higher Most of today's interesting price action has come in waves, where the trading has picked up, probably reflecting efforts to fill an order and then dried up as the broader market ...
Order Flow - Achieving the mindset
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Monroe replied Jun 27, 2011wow just got back, look at her go... can't keep a good euro down as they say. Now they attribute the move to this: New Greek bonds could carry European Investment Bank or ESFS guarantee Goal is to make bonds AAA French plan involves creating a ...
Order Flow - Achieving the mindset
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Monroe replied Jun 27, 2011I played the short squeeze to the expirey level at 4160 so now im flat, but I will see what happens if it gets down there... just have to keep my eye on the wires..., it's a little wild out there. Now it's headed to where I thought it would, right ...
Order Flow - Achieving the mindset
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Monroe replied Jun 26, 2011that could very well be too, we'll see, I'm getting ready... but I must say I am still going with my fade this crap on a sunday night at this point so I'll be watching how it acts if it breaks 4100 and hits rumored ACB bids if they're still there...
Order Flow - Achieving the mindset
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Monroe replied Jun 26, 2011I think it might pull a slick maneuver if it goes to the downside... pull in the sellers, sell into the stops above the consolidation to the 50 then dump? of course it always helps when they get some stupid news that doesn't mean much that takes it ...
Order Flow - Achieving the mindset
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Monroe replied Jun 26, 2011we shall see, but I haven't seen a good break on either of them yet.
Order Flow - Achieving the mindset