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FXMasterSK replied May 29, 2014Are you full now?
What's going on with the OFT site? For some reason it won't pull up. Maybe its just me...
OrderFlowTrading.com - Using orderflow analysis in trading
- FXMasterSK replied May 29, 2014
Many people are quick to jump the gun and say binary options are gambling. So is forex trading, but if you know what you are doing then you can make money. Srmfx (I think that's how it is spelled) does it quite often. You can see examples in his ...
Loss of FX volatility & brokers - Are Binary Options for real?
- FXMasterSK replied May 29, 2014
Here is my best guess to get you thinking: Traders working at the institutional level are probably constantly staying informed as any news that may affect order flow can impact their trading and market making decisions. Taking trades from analysis ...
Is anyone here an institutional trader?
- FXMasterSK replied May 29, 2014
Looks just like what one using IFR would get. To my knowledge, MNI does the same thing but I never used them. You can also get reported order flow information from sites like ForexLive or Darkstar's orderflowtrading. One thing we retailers should ...
Is anyone here an institutional trader?
- FXMasterSK replied May 27, 2014
The best advice I can give you is to try them both out and see for yourself. However, neither will generate substantial sums, if any sums, as market conditions constantly change and those strategies have no filter to be selective in taking trades ...
Need Experts' Opinion on a Few MA Strategies
- FXMasterSK replied May 27, 2014
A major reason why retail traders lose is because they don't understand why price is doing what it does and how it interacts with liquidity. This is much bigger than indicators, fib retraces, EA's, etc..
Real Reasons why Retail Traders lose money
- FXMasterSK replied Feb 25, 2014
Yep small possibility, but I it could happen. Those speculators buying CAD against CHF could also affect USD/CAD and USD/CHF prices with their orders on USD/CHF. Markets are so complex yet work so simple lol.
Good luck!How important is correlation in trading
- FXMasterSK commented Feb 25, 2014
Judging because of my time of experience and my age.. Tsk tsk.
Btw I never said I know how to trade after just a year. I only stated my knowledge of markets is better. And I stand by that.
The Conference Board Consumer Confidence Index Declines Moderately
- FXMasterSK replied Feb 25, 2014
If CAD was moving down and CHF was going up and there weren't major price moving speculators betting strictly on the CAD/CHF to go up, then under normal conditions CAD/CHF would go down. It's all about the order/transaction flow.
How important is correlation in trading
- FXMasterSK replied Feb 25, 2014
MapleLeaf is probably a losing trader with no life that has nothing better to do than complain about forex on an online forum because he/she cannot fathom how to properly trade the market and so instead of accepting he/she sucks at forex, he/she ...
Why are most of the traders here failures?
- FXMasterSK commented Feb 25, 2014
So true. People tend to blow things way out of proportions. At least it gives some market participants the reason to cause large price movements, and for us it leaves some great market inefficiencies.
The case against a Chinese financial crisis
- FXMasterSK commented Feb 25, 2014
I have been trading for just about 1 year and 3 months now. But I know my knowledge of markets is better than a lot of people who have been doing it for much longer than that. Just because it's been a year doesn't mean I don't understand the ...
The Conference Board Consumer Confidence Index Declines Moderately
- FXMasterSK commented Feb 25, 2014
You are right and I absolutely agree with you that daily movements include a lot of normal transactions. But that is not to say that you cannot put the odds highly into your favor and with price action confirmation, make money doing so. Markets are ...
The Conference Board Consumer Confidence Index Declines Moderately
- FXMasterSK commented Feb 25, 2014
Lol I don't give a fuck what many think of me on here. Many on here, no most on here are losing traders. Why would their opinion matter? You think I come to a majority losers forum because I care what people online think of me? I come on here ...
The Conference Board Consumer Confidence Index Declines Moderately
- FXMasterSK commented Feb 25, 2014
Lol we have a name for traders like you. FF Muppets. Prove me wrong in any way and then maybe this comment will be of any value to anyone reading it.
The Conference Board Consumer Confidence Index Declines Moderately
- FXMasterSK commented Feb 25, 2014
That's fine. I didn't expect many people on here to. If you're doing well trading than there is no reason you should, but if people actually want a deep understanding of markets and learn how to really be profitable instead of using the massive ...
The Conference Board Consumer Confidence Index Declines Moderately
- FXMasterSK commented Feb 25, 2014
Not necessarily. There is no such thing as "noise" in markets. A good understanding of liquidity and market microstructure can explain all the so called noise. It's just a name given to lower time frame moves that traders can't explain. Each move ...
The Conference Board Consumer Confidence Index Declines Moderately
- FXMasterSK commented Feb 25, 2014
What else would you consider it if not a move?
The Conference Board Consumer Confidence Index Declines Moderately
- FXMasterSK commented Feb 25, 2014
I don't know for sure what happened as I am no magical all knowing Fx god and I'll admit that I could be wrong, but here is my interpretation. Before the release, sterling (GBP/USD) was making it's way up to a supply zone. As it trended up, after ...
The Conference Board Consumer Confidence Index Declines Moderately
- FXMasterSK replied Feb 23, 2014
Finally, we are beginning to move out of that mess. This year and next will hopefully be a great year for global growth. I'm hoping rate hikes will happen as planned and we can start getting back more volatility back in FX. This upcoming week will ...
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