thread: Order Flow - Achieving the mindset

66950

you can read a thousand books longer, its exactly the same as hopping from system to system, the hunt for the holy grail, which doesn't exist, there's no secret, no magic curtain, after revealed trading gets simple, neither must be or is trading dull, if it isn't interesting you aren't focused, if you're not focused you donate money to Ms Takes

you need to learn how to read the market like a book, read it in its own context, locate behavioural pattern (or better clusters of it) and how to earn money out of it

no alternative barriers through ifr, no market structure...

I find it extremely interesting when folks dive into a dialogue without understanding the context.
IF you had read the whole thread, you would have understood since it's extremely clear - I am not here in order to get another system, or see the following book. Even if you read the ONE SINGLE POST above the one that you quoted, I clearly said I need to define TO MYSELF exactly what inefficiency etc. . Isn't that to attempt to fight with the dragon?

Nasir is right here, I know I have to do the job in my own, and that's exactly what I am likely to do, I am of the notion that even if Darkstar gave me his trading platform I'd fuck it up cuz I haven't got one clue on what foundation it's. I see trading systems as based on knowledge, so I have to gain the knowledge with just a bit of assistance from others and in my own for myself.

While you're stating that I think I will be profitable with studying another book, I disagree with you 100%. In my mind, the more books I read about economics, macroeconomics and market microstructure the longer I understand. If I wouldn't read the books. . What if I do? Reinvent them? No need. . There's a meaning behind not necessary to reinvent the wheel, wouldn't you agree?

I must agree to a certain point on you, I don't believe the simple fact that after I read X amounts of books trading will become simple, thats completely true. However, I disagree on another way, it's the simple fact that this bullshit you read on these open forums all the time isn't helping anyone.

You have to learn how to read the market like a book
What is with that bullshit actually? In all this forum individuals keep tossing read the market, understand her, understand yourself. . THAT DOESN'T HELP. Staring blindly in a chart to understand her doesn't help you a little if you don't realize what you're searching for.

I must say I may have come off as impolite but that's by no way I am happy you could contribute. I do feel offended as I'm looking for the response by myself. I can tell you now you dont have a clue in my effort and I am, by no means, attempting to become spoon-fed here. Darkstar, grkfx understands this, and even if you don't - .
I've read your articles and with respect I am really not interested in two 3 timeframes nor single candlestick patterns.

Take care and happy pipping. I will say this I hope I didn't come forward as aggressive or anything because that was not my intention. Here is the only thread in this forum about something else staring in a chart and I don't want folks to fuck this up. Please if you would like to keep posting do this regarding order flow, or even we could begin another thread.

98038

I find it extremely interesting when people dive into a dialogue without understanding the context.
IF you'd read the entire thread, you would have understood since it's very obvious - I am not here to find another system, or read another book. Even if you browse the ONE SINGLE POST over the one that you quoted, I clearly said I need to define TO MYSELF what inefficiency etc. is. Isn't that to attempt to fight with the dragon?

Nasir is right here, I already know that I have to do the job in my own, and that's precisely what I.. .

Sorry that I came off rude, it wasn't a believer on you

learning economics or microstructure might be intriguing, but how does this help you trading? The ability is in realizing whats happening about the chart (sorry) as the activity unfolds, that is what I call read the market like a publication
not by staring blindly at the chart, but by analyzing and reviewing of what's occurring, how price is responding where and when and how long a transfer will likely be supported by whom and why.

66950

sorry that I came off rude, it was not a believer on you

learning economics or microstructure may be interesting, but how does it help you trading? The skill is in recognizing whats happening about the chart (sorry) as the activity unfolds, that's what I call read the market like a publication
not by staring blindly at the chart, but by analyzing and reviewing of what's happening, how price is responding where and when and how long a transfer will be encouraged by whom and why.

Truth is that I do have an answer to that - economics and microstructue WILL assist you in trading, and WILL assist you in recognizing whats happening in the chart as the activity unfolds, but I am interested in talking it on the thread, because it is just another discussion.
If you want to, we could talk per PM. This discussion will evolve into difference between FA and TA and other shit I have chosen my manner, and should I fail or not we will see. Then we will both know you are right, When I do and that I might need to apologise, until I've chosen my path and going to walk that travel until I realize that it might or might not operate.

Take care and happy trading partner.

66950

I am up for it. And like, I am a family man. Plus I don't drink..that's a real kicker eh. But I am always up to meet up with fellow traders

Perhaps we could continue this through PM. I am sure there is.

66950

Perhaps we could continue this via PM. I am convinced there is.

Last time that I clog the ribbon with chit chat. Sorry. Its humorous were family men. I have a 3 year old son and my spouse will have a woman this week or next. Beer coffee or whatever is fine. And for the record I like to check at girls that are beautiful no womanizing for me. Cheers expect all nicely today price in eurusd traded in a expected manner that's always nice when your day is made more easy.

66950

Truth is I do have a response to this - economics and microstructue WILL help you in trading, and WILL help you in realizing whats going on in the chart as the activity unfolds, but I am not interested in talking it on the thread, since it's just another discussion.
If you want to, we could talk per PM. This discussion will evolve into difference between TA and FA and other shit that I have already chosen my way, and if I fail or maybe we shall see. When I do, then we shall both know You're right and I Will Need to apologise,...

you do not need to research engineering to learn how to drive a car, but whatever

if that's your way I have to respect that, commerce well

66950

however by analyzing and reviewing of what is happening, how price is reacting where and when and how long a transfer will be supported by whom and why.

How is one supposed to comprehend exactly how, why and by whom price is reacting if they don't know the players and the way in which they need to execute based on the market structure?

Your post appears to have contradicting elements in it.

Not getting onto you, just really interested in how you understand who is doing what and why without analyzing...

66950Hi Carnegie,
Thanks for starting this thread. I have enjoyed reading along as it unfolds. My perspective of and experience with order flow is different from what others have developed or are developing. It appears to me that what ever is being developed here, either as a group or individually, will have little meaning unless it can be described on a forex chart. Would you be opposed to somebody taking the direct and submitting a chart with order flow analysis comments? I am not offering my services, and rather recommend you take the guide, to post something which frames the discussion or the questions. Please don't hesitate to let me go to hell, as I will not be offended. I have spent 7 years analyzing and trading charts, so for me personally any meaningful discussion has to involve a chart at some point.

66950

What's one supposed to comprehend how, why and by whom price is reacting if they do not understand the players and how they have to do depending on the market structure?

By taking a guess

you will find buyers sellers with different time horizons

you will find support and resistance areas where market imbalances occured, large market orders were processed, price was supported and stops by different participants were set

you will find prefered entry points by larger, more slender or more individual participants and points in which dumb, impatient, panicking or covetous traders will enter/exit

you will find occasions, predictable inconsistent that may influence trading decisions or demand immediacy by different participants

this all along with a lot longer in conjunction will generate orders

as price progresses participants will accommodate their orders, new participants will enter, old will depart new conclusions will be produced

when you enter a transaction you Need someone paying you at a greater price than you bought, so you want traders to carry your standing onwards and price goals where you understand are traders left willing to take over your standing...

so, by taking a suspect who, when, where and why these participants will make decisions you trade

66950

by carrying a guess

you will find buyers vendors with different time horizons

you will find support and resistance areas where market imbalances occured, large market orders were processed, price was encouraged and ceases by different participants were put

you will find prefered entrance points by bigger, smarter or more patient participants and points where idiotic, impatient, panicking or greedy traders could enter/exit

you will find events, predictable unpredictable that may influence trading decisions or need immediacy by different participants

that...

So you're saying you're born with that knowledge you posted! AMAZING!

I child, but you seem to be off your rocker spouse. All that stuff you listed is a consequence of your studying to try and understand what's going on, whom is doing it and why it's currently going on! That!

BTW I'm just kidding around with you, not wanting to offend. Peace.