Crypto currencies have been on my radar lately. Not because I like getting smoked in illiquid markets, but because creative, alternative uses for them have skyrocketed in the past 3 years, and I just really enjoy seeing what's possible. As time has passed the merger between other OTC markets [...]

Last night, I had a great conversation with a gentleman who has been following my work/this site for many years now and as a result, we have come to know each other casually via email, etc.  Because he has been following my blabbing for so long, some of the things that he said, that I've […]

Just a quick note to say that I went ahead and updated a number of links on the FX institutional research page, and added a format that was much easier to navigate / expand upon. My main motive for making a separate post about it is that I'm constantly seeking more to add, and I know many […]

One thing I can bet on 100% is that the majority of traders approach markets improperly because many times, they don't understand them at their root. There are a lot of online learning initiatives available, for free, these days. Many of the courses on them are put up there by top tier [...]

A question I have been asked many times over the years, and it just came up again today. The simple answer is that it depends on how you're trading. First, the cliff note answer: For daytraders, 1-3 instruments is typically more than enough if you are utilizing a full discretionary approach. I [...]

When people think of trading firms, their mind tends to shoot in one direct: wall street mayhem, images of people sitting on a long desk, ticker symbols all over the room, etc. and people yelling left and right on the floor of an exchange. Every once and a while I get an email asking for […]

GBP/USD initiated a massive movement yesterday from appx. 1.2776, following the already massive one previous in the session. I believe its now going to be looking for its “priced-in” rate now that the liquidity gap caused by yesterday's drive has been filled. There's a larger area [...]

Decided to do something different today (not sure I'll keep doing it because it overall presents poorly) – low resting volume areas are in deep red. low historical volume areas are in light red. Both can respond as levels, with resting orders taking higher priority. The light red levels [...]

Pretend you were planning a drive from New York to Los Angeles. You have to be there in 6 days, and with the expectation of driving 10 hours/day, it will take you 4 days to do it. Google maps offers you several options, and all of them are well within your time schedule. But as […]