PREAMBLE
Despite being listed in the commercial content section of this site, all information shared and exchanged through this thread is absolutely free. There are no products or services for sale.
This thread is about an automated, fully featured market analysis tool specially designed to provide traders with key market levels of Supply and Demand. The application provides traders the information they need to trade unfilled market gaps between Supply and Demand.
No Technical or Fundamental Analysis Required
This is about empowering Traders by giving them the knowledge and information they need to make trading an experience they can embrace and enjoy.
Webinars are organized on a best-efforts basis to help traders better understand how to use the information shared and exchanged through this thread. Traders are highly encouraged to participate in these webinars when available.
Simplicity is key for delivering the best trading experience possible and for achieving the best results whether you are an experienced trader or a novice trader. So, let's make sure we all stay focused and committed to simplicity.
INTRODUCTION
This thread is for Traders of all levels whether you are an expert trader with several years of experience in institutional or retail trading or simply a novice trader who has little or no experience trading the financial markets.
All ideas, concepts, techniques and strategies shared and discussed in this thread are based exclusively on Supply and Demand. As such, they apply across a broad variety of financial markets including but not limited to the Currency Market, the Commodities Market and the Futures Market.
If you are an expert trader looking for a market analysis tool based on anything other than Supply and Demand - based on indicators, oscillators, HFT or whatever else - you are definitely in the wrong thread. But if you are open-minded and you wish to learn something new, or perhaps not so new but just a slightly different approach, you are definitely at the right place and more than welcome to join and participate.
Before I introduce you to Supply and Demand, there is one more thing you need to know about my trading philosophy. I believe a trader is first and foremost a decision maker who's particular skillset includes the ability to identify opportunities to buy and sell financial instruments in any given market as well as to plan and manage open positions to maximize one's profits. To be and remain profitable, traders must be well versed in Money Management and Risk Management (2 topics which go beyond this thread and will not be covered here).
Here's perhaps my most radical view, traders need not be experts at technical analysis or fundamental analysis. Traders must have access to a professionally designed productivity toolset for he or she to be truly proficient at the activity they do best, trade. That being said, traders must have the ability to understand and interpret the language of technical analysts and fundamental analysts for the purpose of understanding the message they convey.
No more than one would expect a commercial aircraft pilot to be an expert navigator, an aeronautical engineer, a meteorologist or who knows whatever else. No one expects an aircraft pilot while in flight to calculate real-time data such as wind shear, spatial coordinates, velocity, altitude or distance. Commercial aircraft pilots are trained to rely solely on their instruments to make decisions, nothing else. What we do expect from a commercial aircraft pilot is to understand and have the ability to interpret what the instruments in the cockpit and other experts on the flight crew may have to say to make proper decisions.
A commercial aircraft pilot's main focus is to mitigate the risks associated with executing the flight plan by monitoring and interpreting real-time flight data as seen through the instrument panel on the dashboard in the cockpit as opposed to having to calculate the flight data.
Similarly, a trader's main focus is to mitigate the risks associated with executing the trading plan by monitoring and interpreting real-time or quasi-realtime market data - assuming the trader has access to some kind of instrument panel or trading dashboard - without ever having to calculate the key market levels that is without ever having to perform technical analysis.
Although tools are an important contributing factor to a trader's success, traders are not defined by the set of tools they use. In other words, traders will always be more than the tools they use. Therefore, tools should not be over emphasized.
Equally as important to a traders success is one's training. In particular, how well it covers all aspects of trading, both theoretical and practical.
Lastly, perhaps the most important contributing factors to a trader's success are one's character (i.e. discipline, patience, etc.) and one's personality (i.e. rational - logical rules based approach, emotional - attitude and resilience towards losing trades).
The rest of the thread is about a market analysis tool entirely based on Supply and Demand.
We are now ready to have a good time and move forward with this thread.
Cheers all,
Jack Elio Ollio
SUPPLY AND DEMAND
Despite being listed in the commercial content section of this site, all information shared and exchanged through this thread is absolutely free. There are no products or services for sale.
This thread is about an automated, fully featured market analysis tool specially designed to provide traders with key market levels of Supply and Demand. The application provides traders the information they need to trade unfilled market gaps between Supply and Demand.
No Technical or Fundamental Analysis Required
This is about empowering Traders by giving them the knowledge and information they need to make trading an experience they can embrace and enjoy.
Webinars are organized on a best-efforts basis to help traders better understand how to use the information shared and exchanged through this thread. Traders are highly encouraged to participate in these webinars when available.
Simplicity is key for delivering the best trading experience possible and for achieving the best results whether you are an experienced trader or a novice trader. So, let's make sure we all stay focused and committed to simplicity.
INTRODUCTION
This thread is for Traders of all levels whether you are an expert trader with several years of experience in institutional or retail trading or simply a novice trader who has little or no experience trading the financial markets.
All ideas, concepts, techniques and strategies shared and discussed in this thread are based exclusively on Supply and Demand. As such, they apply across a broad variety of financial markets including but not limited to the Currency Market, the Commodities Market and the Futures Market.
If you are an expert trader looking for a market analysis tool based on anything other than Supply and Demand - based on indicators, oscillators, HFT or whatever else - you are definitely in the wrong thread. But if you are open-minded and you wish to learn something new, or perhaps not so new but just a slightly different approach, you are definitely at the right place and more than welcome to join and participate.
Before I introduce you to Supply and Demand, there is one more thing you need to know about my trading philosophy. I believe a trader is first and foremost a decision maker who's particular skillset includes the ability to identify opportunities to buy and sell financial instruments in any given market as well as to plan and manage open positions to maximize one's profits. To be and remain profitable, traders must be well versed in Money Management and Risk Management (2 topics which go beyond this thread and will not be covered here).
Here's perhaps my most radical view, traders need not be experts at technical analysis or fundamental analysis. Traders must have access to a professionally designed productivity toolset for he or she to be truly proficient at the activity they do best, trade. That being said, traders must have the ability to understand and interpret the language of technical analysts and fundamental analysts for the purpose of understanding the message they convey.
No more than one would expect a commercial aircraft pilot to be an expert navigator, an aeronautical engineer, a meteorologist or who knows whatever else. No one expects an aircraft pilot while in flight to calculate real-time data such as wind shear, spatial coordinates, velocity, altitude or distance. Commercial aircraft pilots are trained to rely solely on their instruments to make decisions, nothing else. What we do expect from a commercial aircraft pilot is to understand and have the ability to interpret what the instruments in the cockpit and other experts on the flight crew may have to say to make proper decisions.
A commercial aircraft pilot's main focus is to mitigate the risks associated with executing the flight plan by monitoring and interpreting real-time flight data as seen through the instrument panel on the dashboard in the cockpit as opposed to having to calculate the flight data.
Similarly, a trader's main focus is to mitigate the risks associated with executing the trading plan by monitoring and interpreting real-time or quasi-realtime market data - assuming the trader has access to some kind of instrument panel or trading dashboard - without ever having to calculate the key market levels that is without ever having to perform technical analysis.
Although tools are an important contributing factor to a trader's success, traders are not defined by the set of tools they use. In other words, traders will always be more than the tools they use. Therefore, tools should not be over emphasized.
Equally as important to a traders success is one's training. In particular, how well it covers all aspects of trading, both theoretical and practical.
Lastly, perhaps the most important contributing factors to a trader's success are one's character (i.e. discipline, patience, etc.) and one's personality (i.e. rational - logical rules based approach, emotional - attitude and resilience towards losing trades).
The rest of the thread is about a market analysis tool entirely based on Supply and Demand.
We are now ready to have a good time and move forward with this thread.
Cheers all,
Jack Elio Ollio
SUPPLY AND DEMAND
Using the FIA, traders need only "Sell the Highs" & "Buy the Lows".
