Recent content by Metagamer

Here is an example of an Order Flow analysis on GBP/USD. Sentiment is currently negative with weak UK fundamentals and improving US fundamentals, which leads to a positive bias for the US Dollar and a negative bias for the Pound. It does not take much fundamental analysis to come to this...

I have found that stop hunting tends to be even more profitable when a certain side of the market gets squeezed. This is often connected to the market being clearly positioned on one side (i.e. a lot of traders are long USD/JPY), but unable to push through a key support or resistance level. For...

Hi, I agree, Level 2 is useless in FX because it is a decentralized (OTC) market and I doubt the data from any retail broker matters in such a large market. But trading order flow has a wider meaning than trading off the books (Level 2 / Depth of Market etc), it is more about taking advantage...

Hi, I've found a few months ago some interesting discussions about a trading method called Order Flow trading and I'm wondering if anyone else on the forum here is applying something similar? I've learnt most about it from Daemon Goldsmith's book "Order Flow Trading", research papers about...

I day trade mostly the YM contract, but due to time conflict I'll probably have to trade the European session in the next few months. So, I figured out the DAX would be probably the best contract to trade. Question for the experienced DAX traders: Beside the opening at 08:00, are there any...