The conspiracy theorist in me also wonders what quantum of impact was associated with the high frequency bots to assist such a price move following the announcement. I would love to know who were the silent BIG winners of last week. There are sharks ...

Has the latest event with CHF affected your outlook on forex?

Good to hear scottik. There were a shed load of victims last week in need of a good hug. That friggin.. bank!!!!!!

Has the latest event with CHF affected your outlook on forex?

I am not so sure. Scalping on the wrong side of the CHF pairs immediately prior to the SNB announcement could have cleaned a trader out, namely due to the enhanced position sizes that scalpers use for the small moves. A long term trend trader ...

Has the latest event with CHF affected your outlook on forex?

Some are both for example IG. It offers Direct Market Access which is ECN (almost) or MM models. I actually prefer MM for the big providers who are going for market share due to ancillary services offerred and the need to remain competetive. Of ...

Forex changed forever!

Perhaps it is FF paying tribute to all the lost souls and brokerages from last week. A flags at half-mast thing....On the other hand we may all be viewing this forum from a parrallel universe (*scratches head*) /tic :-)

I like it simple

I agree. I have been suss about the Swiss since they started ripping us off by putting huge holes in their cheese/tic. I mean who wears clogs (apart from the Dutch oooops)....I mean really!!!!! They are shifty blighters. Here is a video of the SNB's ...

Forex changed forever!

Not sure but the immediacy of the move by the SNB suggests otherwise considering their position a week before. Good rationale but I still hold a contrary view. Despite this however I think it is safe to assume some volatility ahead and to be very ...

Forex changed forever!

Big thumbs up on that stoplossmatt. Exactly.......As a central banker whose role is to manage a country's balance of payments, act as lender of last resort and prudently use monetary policy to protect against adverse market movements and stabilise ...

Forex changed forever!

Sorry to hear that Voro but keep at it, you know this approach is very sound. We all have our behavioural issues to deal with. :-)

Just Another Turtle Trading Journal

Weekly Outlook continued...... USDSGD image NZDUSD image XAGUSD image NZDJPY image NZDCAD image GBPSGD image That's it for the week ahead. Best of luck all. Let's grab the market by the horns. C video

Diversified Trend Trading Approach

Weekly Outlook continued...... USDCAD image USDCHF image USDJPY image AUDCAD image DAX image XAUUSD (Spot Gold) image ......more to come C.

Diversified Trend Trading Approach

Weekly Outlook continued...... EURAUD image EURJPY image EURUSD image EURCAD image Nikkei image FTSE image ......more to come. C

Diversified Trend Trading Approach

Weekly Outlook But before we get started a lament for this trading week. video AUDJPY image AUDUSD image CADJPY image GBPUSD image ASX image DJI image ....more to come. C.

Diversified Trend Trading Approach

That's great news B and well done. Events like that certainly sort out the chaff from the wheat. I hope things pan out well with your main broker. :-) C

Diversified Trend Trading Approach

Current Open Trades continued...... NZDCAD - SECONDARY TRADE Another secondary trade taken while on watch and wait for confirmation of direction of the D1 trend. I will keep this short and sweet. Here is the M30 chart. image XAUUSD - PRIMARY TRADE ...

Diversified Trend Trading Approach

Current Open Trades continued...... CADJPY - SECONDARY TRADE This is a secondary trade undertaken within a congestion channel on D1 as depicted on the chart below. I do not want to commit a 0.5% risk on this trade due to its likely finite nature on ...

Diversified Trend Trading Approach

Current Open Trades continued..... GBPSGD - PRIMARY TRADE Early days. Note the brown predictive entry for a secondary trade mean reversion if it occurs. image EURAUD - PRIMARY TRADE Going well and almost at 2.5R where then I will be looking for ...

Diversified Trend Trading Approach

Current Open Trades Given that now we are playing EDTT, trade frequency is on the up and up so there a quite a few trades open as we speak. While I will display all charts of open trades, I will only be focussing on describing secondary trades to ...

Diversified Trend Trading Approach

Weekly Update and Outlook Well what a week that was!!!!!! The prior posts in this thread dealing with the CHF move will hopefully serve as a continuous reminder to always be on your guard. The CHF announcement was a game changer for some and a black ...

Diversified Trend Trading Approach

Agreed. IG Group racked up a $30 million loss, but given their Balance Sheet they are now on the acquisition trail looking to acquire the victims.

Trading Without a StopLoss