I take this back, it's just partially delta-hedging, not mostly...

Order Flow - Achieving the mindset

the trend is your friend nubs... drink beers with the trend... go to the park with the trend... don't fight with the trend...

Thinking Outside the Box!?!

With today's reclamation of the 1.43 handle EUR/USD has made quite a decent stab at gaining some respect back. An assist from "risk on" US equity markets (what a shock) has supported the move (US stocks +0.24/0.77%, S&P 1277) but the real reasons ...

Order Flow - Achieving the mindset

video video video

What kind of music you hear while you trade?

I like that dude... I don't know what the fuck they're sayin', but i like it...

What kind of music you hear while you trade?

that's the delta hedging stuff... if spot is close to it and it's a big one, there will be interest but otherwise screw it.. watch what happens next time it gets to one around the NY cut and it's decent size... or if they are hemming price in a ...

Order Flow - Achieving the mindset

or if they just wanted to clear the orders... thin liquidity...

Order Flow - Achieving the mindset

that's a plain vanilla expiry not exotic binaries...

Order Flow - Achieving the mindset

looks like an equites close / dollar move because there was a spike on cable too, but that might be just because euro pulled it along in thin volume, I don't know... but I thought most would take profit after cleaning out those barriers in early ...

Order Flow - Achieving the mindset

yea thats true.... I don't really know options strategies all that well, but I would assume there is more volatility and hedging options strategies going on in FX then directional for sure.

Order Flow - Achieving the mindset

That is not true... options can be directional of course.

Order Flow - Achieving the mindset

there is one on that webite he linked... don't know if it's good though http://www.tradingfloor.com/posts/gustave-rieunier/fx-options-1o1-delta-hedging-spot-up-or-down-who-cares-3760

Order Flow - Achieving the mindset

nice.... image

Order Flow - Achieving the mindset

In a way, I use it as more of a sentiment/expectations thing... they could be using the options just to hedge risk or bets on positions too I would think, so it really depends. Just another piece to add to the story...

Order Flow - Achieving the mindset

right on Trizzle... I think we might get a pullback here unless they keep firing off bad news today... we have some ECB speakers today, Euro and US data, and Trichet and FOMC speakers later...

Order Flow - Achieving the mindset

damn newsfeeds... from yesterday... Today in London a 1mth 1.4000/1.4750 DNT traded at 20.5% (TV 16.06%, Vol 11.95) and a 2mth 1.4100/1.4800 DNT traded 4.0% (TV 0.718, Vol 12.1). Further out and 5mth 1.3700/1.5100 DNT traded yesterday at 10.5% (TV ...

Order Flow - Achieving the mindset

ahhh seems they finally popped that eur/chf barrier at 1.2.... it was only a matter of time

Order Flow - Achieving the mindset

yes I am already short, but did not add a position there. to be honest though, I thought we might get a pullback to just ahead of the 4250 first on more profit taking and weak stops. at around 12:20 EST I would have definitely thought about going ...

Order Flow - Achieving the mindset

nice play Trizzle, they came out a bit early today for you, they must be excited to push this thing right to hell....

Order Flow - Achieving the mindset

no prob, actually you brought it up when you mentioned implied vols, I just wanted to share what I've noticed with it, I am still in my younger OF days at this point, but I've noticed a few things that might be worth paying attention to with that ...

Order Flow - Achieving the mindset