- Search Metals Mine
-
Monroe replied Mar 25, 2011By nature of a successful trader, he would eventually have a large sized account and it would be in his best interest to use an institutional platform with a prime broker... especially if he was "aggressive" on fast timeframes. I would say it's ...
Thoughts on 50:1 Leverage
-
Monroe replied Mar 25, 2011Ah shit, one more thing, you have to be careful when FOMC speakers come on, especially with net dollar shorts right? that happened at exactly 12:15 and this guy is known for hawkish talk.
Order Flow - Achieving the mindset
-
Monroe replied Mar 25, 2011Yup, Indeed... a lot to think about. But I'm done for now, it's friday... see you guys next week.
Order Flow - Achieving the mindset
-
Monroe replied Mar 25, 2011hey nice work, that smells like dollar dollar bills ya'll! Actually I haven't spent much time with AU, but i do remember hearing about the M&A deal, and posted a link the other day from forexlive where he was talking about that. I'm going to go over ...
Order Flow - Achieving the mindset
-
Monroe replied Mar 25, 2011In his example he is obviously using his knowledge of micro-structure to look for clues, after that he was watching how they would work it and what would entice other traders to place orders to help them. They did this all during illiquid times ...
Order Flow - Achieving the mindset
-
Monroe replied Mar 25, 2011Well yea, we all know why you thought it was there. Rumors... but thats just what they are until proven otherwise right? Now you saw the defense. DS talked about watching for clues that people are in fact hunting... so thats something to watch out ...
Order Flow - Achieving the mindset
-
Monroe replied Mar 25, 2011yea, that's not what I meant, I know about the rumors. But obviously it was not easy to break. i'll watch how it plays out. I'll also think about fading this up at the 0350 maybe, but this gives a good opportunity for a better entry to put more cash ...
Order Flow - Achieving the mindset
-
Monroe replied Mar 25, 2011How did you know it was there? At least, now you saw the offers and it's confirmed. It was late in the day on friday, timing is important. Now you got options and tech stops... had a double top on m15 and now looks to be forming a head a shoulders. ...
Order Flow - Achieving the mindset
-
Monroe replied Mar 25, 2011lol they always stop hunt during the twilight zone from what i know. funny you asked about that book cause i just got it last night... only read a bit of it. Any book written by a trader who actually made millions trading has to be worth a read.
Order Flow - Achieving the mindset
-
Monroe replied Mar 25, 2011Before and after news are illiquid times, as well as later ny-asia. Thats when dealers can hit stops easily. Hedge funds and the like can also hit stops, anyone with the money to move the market can do so. About the bilderbergs and the conspiracies, ...
Order Flow - Achieving the mindset
-
Monroe replied Mar 25, 2011I'm not sure what you're implying there man. I know stop hunting exists, who is it that you think controls the market? dealers? or the BIS and central banks? or george soros? lol
Order Flow - Achieving the mindset
-
Monroe replied Mar 25, 2011no... the application... lol nevermind, was a joke. It sounds like a conspiracy.
Order Flow - Achieving the mindset
-
Monroe replied Mar 25, 2011I want in.... where's the application?
Order Flow - Achieving the mindset
-
Monroe replied Mar 25, 2011about cable, before the CPI release, there was strong buy interest on a rumor going around the markets that CPI was much better then expected... it was priced in before the release. something else to think about, HSBC also recommended to sell cable ...
Order Flow - Achieving the mindset
-
Monroe replied Mar 25, 2011a good old post and example by grkfx about the stuff that we should be looking for longer term. http://www.forexfactory.com/showpost.php?p=3807195&postcount=11
Order Flow - Achieving the mindset
-
Monroe replied Mar 24, 2011right exactly what I am trying to say. But with the example of the ECN platform software... it's not only the market that's inefficient... so in effect it's the inefficiencies that cause the mispricing that can be exploited. Thats why I define them ...
Order Flow - Achieving the mindset
-
Monroe replied Mar 24, 2011well the mispricings I think are caused by the inefficiencies... there seems to be all kinds of inefficiencies to find.
Order Flow - Achieving the mindset
-
Monroe replied Mar 24, 2011Yea I see it like... the market is constantly anticipating the future, pricing in the probabilities, but it's when a shitload of traders with size are wrong and need to get out, want to unload (liquidate), or want to get in cheaper or demand more ...
Order Flow - Achieving the mindset
-
Monroe replied Mar 24, 2011I don't see it as price is lagging to sentiment actually. It's lagging to future sentiment I think, or mispriced to the general conditions. I second this, highly.... But guys, there is clearly a difference between a mispricing and an inefficiency, ...
Order Flow - Achieving the mindset
-
Monroe replied Mar 24, 2011on a side note, Trizzle... I notice your post's are always pretty well written dude, I can appreciate that.
Order Flow - Achieving the mindset