yo vicky... couldn't trade today but it sure looks like those bids at 4450 did the trick... (previous high tops from june 1st and the top of yesterdays 1hr retrace hammer... if you wanna get technical...) looks like a good wad of cash I missed... ...

Order Flow - Achieving the mindset

thanks Tact1cal. cheers.... isn't she a beauty? image

Order Flow - Achieving the mindset

well... out of that trade at 35, target hit... little quicker then I anticipated which is always nice. time for a brew....

Order Flow - Achieving the mindset

looks like classic pre news event/press conference (NFP this week) range consolidation typical 100 pip or so I'm guessing 4450-4350 range for position adjusting... overall bullish sentiment for Euro and risk-on in markets today... though it is lofty ...

Order Flow - Achieving the mindset

hahaha

Order Flow - Achieving the mindset

you're correct about that... it's not unusual for asia though.

Order Flow - Achieving the mindset

when did I hunt you down with Carnegie? lol I realize this is close to short territory, but 4445 looks like the spot for it, i'll be watching how it all progresses...

Order Flow - Achieving the mindset

thanks for your input Trizzle, yes I am aware of that, however I'm counting on this move sooner then that. Also, if I were to short, I'd be looking to short into those stops and positions built up so far would also look to TP up there. Also, poor US ...

Order Flow - Achieving the mindset

correction, sorry, it wasn't a rumor greece should exit euro, it was a german politician who said this: german-politician-says-greece-should-leave-euro-zone

Order Flow - Achieving the mindset

some orderflow analysis... what do you guys think.... firstly... report from IFR... with a chart and PA analysis.... image what do you guys think? obvious target would be 4430/35 - 4450.

Order Flow - Achieving the mindset

nice outside the box thinking tact1cal... thats just one way to take advantage of it. for further info on fixes, check out forexlive, here's one: a-quick-primer-on-fixings

Thinking Outside the Box!?!

true and good point... but like trizzle's example with "what if they had 50 lots at 1.40..." you're not necessarily trading with them, rather trading the repercussions of the order flow they will inevitably generate. of course, they don't always get ...

Thinking Outside the Box!?!

now why in the world would anyone take you seriously if you can't even draw a trendline correctly?

Thinking Outside the Box!?!

yes this was off topic of the thread title... but this thread was going nowhere fast before that. Though it ties in with what newyear was saying.. i was just commenting on his trade, what cuased the fear/hope... as markets are drivin' by fear, ...

Thinking Outside the Box!?!

yup, i hear you, I would only use a trendline it if it's very clear and symmetric and if I know that it's technicals probly driving orders at the time rather then some news etc that can flush all that shit right down the tubes. I don't use anything ...

Thinking Outside the Box!?!

this is why i have a news feed and pay attention to information off the charts that traders pay attention to as well that give me a better idea of when or when not to trade them and go for the break/retest... and watch the reaction...

Thinking Outside the Box!?!

no that's not true... this was a clear trendline that everyone should have been aware of... shit doesn't get more clear then that...

Thinking Outside the Box!?!

your trade was a trendline bounce... traders take profit or cover shorts, trend traders go long, not much else moving it right now... open up a 1hr chart and see for yourself.

Thinking Outside the Box!?!

Hey nubcake, I hear you, but I'm not sure that's correct, however I don't use the J16 method. I have read into it, and if learned correctly, I think it's profitable... PA trading can work. It's not about taking pinbars, it involves a lot of other ...

Thinking Outside the Box!?!

yup... I agree. You need the time and effort, some people a lot more then others, but either way, it doesn't come easy. After awhile you will know what you're looking for, however you decide to trade.

Thinking Outside the Box!?!