thread: Order Flow - Achieving the mindset

66950

Well you can call it mispricing or the stars aligned for you, or whatever you desire. It doesn't matter what you call it. The one thing that's important is that it generates order flow and moves prices. Since the one thing which will determine whether you profit or not is the order flow and behaviour of other market participants who can and will move price.

Big banks and hedge funds constantly have places that move both ways? Really? Why would they want to do that? There must be sometimes they think the price should go a particular way and only bet on...

Thanks I love your ideas. Yea, I figure it is either an advantage or a curse to comprehend how large institutions (eg, DB, Citi) manage themselves. Keep in mind there are very sophistied procedures to control risk, leverage opportunties, keep the portfolios balanced, etc.,. However, I agree with you about thinking about their positions when trading, except I am not concerned about their emotions or pain tolerance, only they are managing places and profit/loss. LOL-I have a tough enough time handling my emotions let alone worry about someone at DB who is under water on his trades.

66950

I believe you are confusing them having limit orders in the book on both sides with them having places both ways. In 1 instrument you can have a place at any given moment - the web position of the orders, even if you purchased multiple times and both sold. The orders will just average out to provide the true position to you.

You're probably thinking with a MetaTrader like mindset of multiple opened places.

This is a matter of defining the word position. You're using the retail definition, I'm using the appropriate definition....

Hi Adal, no I'm thinking about how large institutional operations work. Yes, they have open trades moving both ways at all times, and the aggregate of these open positions is the institution's exposure. I have a tendency to unite my own current retail trading firm with my experience with banks. Sorry if I'm confusing you with that. My only reason for bring this up is that order flow is going to be influenced (at any point) by these associations squaring up those left behind positions. Only in extreme cases will this not happen. It's as predictable as the sun which I think is one of the objectives of order flow analysis, right?

Men might spell it out. You have already given it all away. -_-

66950

You guys might as well just spell it out. You have given it away. -_-

Excellent! Now can we concentrate on creating the EA...

66950

Great! Now can we concentrate on creating the EA...

That's a fantastic way to look at it. lol

66950It's great that this discussion is currently taking place to spread some sense of orderflow. But I am just hoping that men who have figured this out order flow methodology would just hold their tongue and not spill everything. Finally there's restricted profit pool wihtin the retail trader globe, the less people that knows about this edge the better....

Only my 2 pennies.

66950

It is great that this discussion is taking place to spread some awareness of orderflow. But I am just hoping that guys who have figured out this order flow methodology will just hold their tongue and not spill everything. Finally there's restricted profit pool wihtin the retail trader world, the people that knows about this advantage the greater....

Only my 2 pennies.

Palatine, IL?

66950

Palatine, IL?

yessir

66950

yessir

We're almost neighbors! Send me.

I'm right down the Road as well at Arlington Heights IL. We should do a fx factory beer. Next to it there are some broads at Durty Nellies in Palatine or another pub right on the night cant recall the title.