Order Flow for Validation

mprincipatoMarc Principato, SMB Forex1 Comment

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Paper Trading: Does it Help or Hurt?

mprincipatoMarc Principato, SMB Forex1 Comment

When it comes to paper trading, there seems to be two strongly opinionated sides to its purpose in helping traders learn how to trade. There are the opponents and this group usually includes brokers (I wonder why). Their argument goes something like this: Paper trading is something you want to do for maybe a week or so in order to … Read More

Who Are You Competing With?

mprincipatoMarc Principato, SMB ForexLeave a Comment

Have you ever contemplated who you are really competing with in the forex market?  Does it really matter?  You just want to make some money. Who cares right? It matters because you can gain great perspective from understanding why different market participants operate in the market. Contrary to what many of the retail trader conspiracy theorists believe, your broker is … Read More

Why is Order Flow Important?

mprincipatoMarc Principato, SMB Forex5 Comments

When it comes to order flow, many newer traders tend to think of volume bars or time and sales information.  It is much more than that, and it really helps to understand the premise behind how markets facilitate order flow.  It may not give you an immediate strategy to make money with, but what it does is provides an added … Read More

A Scalp Trade on JBL

smbcapitalGeneral Comments9 Comments

This is a post from our traders TO about a scalp trade he made on JBL from yesterday: My trading desk neighbor SW and I were both trading JBL today, with 19 as the key level of interest. Without knowing it, I took the opposite direction of his trade at the Open for a quick momentum scalp. SW got long … Read More

HGSI – Reading The Order Flow

gmanGilbert Mendez's (Gman's) Blogs9 Comments

On Monday I was flipping through my list of earnings stocks trying to find what to trade on the open. While scanning through my overnight winners/losers I came across this stock. I noticed it was up $6 and change in premarket on some dopey news about a phase III on their drug. A considerable gap up for a stock that … Read More