If you want to trade profitably without a stoploss then I would suggest learning how to manage a portfolio. This is nearly impossible to do with short term trading, so it will require a rethink towards investing rather than trading. When managing a ...

Trading Without a StopLoss

Hi mikeyshaun, I dont do an in-depth analysis of the US market per se, but I look at the fundamentals that influence the stock markets (US and others) such as inflation, manufacturing indexes, unemployment figures for consumer dependent economies, ...

Identifying Market Swings - Medium and Long Term Trading

As I wrote earlier in the thread, I don't really look at individual pairs first then analyze them. I do the opposite, I evaluate the current fundamental outlook and see how they impact the different economies. Then I try to match up the strongest vs ...

Identifying Market Swings - Medium and Long Term Trading

USDCAD, EURCHF and USDCHF — Hi Duyk, If this happened a month ago, I'd agree with your plan regarding USDCAD and probably do the same. However there is a change a happenin'. Basically the Big Boss downtrend was due to the recovery in the ...

Identifying Market Swings - Medium and Long Term Trading

Hi Alan, I recommend Dr Van Tharpe's book Trading Your Way To Financial Freedom. Just try to treat each add on order as a new order so you have precise entry, exit and trade size rules based on money management and developing market conditions.

Identifying Market Swings - Medium and Long Term Trading

Hi Pillager, My understanding of volatility is not really that technical. It's based more on my understanding of how the markets work. For example when you have a sudden trend change, then all sorts of things happen. First there are traders taking ...

Identifying Market Swings - Medium and Long Term Trading

Hi Edd, I would advise you to not worry so much about whether the time frame you're looking at is full of noise or not. Instead focus your attention on what the markets are actually doing, i.e which way it's trending or ranging. Look at the pros and ...

Identifying Market Swings - Medium and Long Term Trading

Hello my predatory and parasitic trading friend, I'm glad you got something out of the thread and all my rantings! Yes, it was definitely a lot of time and energy invested. Knowing that some people actually learned a few things from it makes ...

Identifying Market Swings - Medium and Long Term Trading

Hey mate, Yes, you are partially correct in that EUR and GBP were the lesser of evils in that intervention in one form or another clouded the view of CHF and JPY. The other part had to do with the price movements before the big panic. Both EUR and ...

Identifying Market Swings - Medium and Long Term Trading

Wow I'm surprised to see people still keeping this thread alive. Unfortunately, I don't have enough time to post actively, but since you asked I can give you my take on the latest events. First of all I suggest looking at all the current ...

Identifying Market Swings - Medium and Long Term Trading

Clarification — First of all, I am not a "guru", never claimed to be. I am not paid to be here, nor am I here to sell anything. People post on forums for different reasons, some post because they want to learn, others because they just want to ...

Identifying Market Swings - Medium and Long Term Trading

EGO - your biggest enemy — For those of you who haven't realized it yet, the big institutions, central banks, brokers, etc are not your enemy when it comes to succeeding in the financial markets. Your biggest enemy is you. There are many that ...

Identifying Market Swings - Medium and Long Term Trading

You win, I concede — I guess I'm wrong and don't know what I'm talking about. You are right and you understand exactly what moves the markets and why so I am sure that you are consistently making profits. I can not teach someone who already ...

Identifying Market Swings - Medium and Long Term Trading

Negative beliefs — From your post: OK i will join to this game. 1. Ruling the market with "golden ratio" method thats all what they need. 2. Only the other big boys which have different point of view or i would rather say different concept of ...

Identifying Market Swings - Medium and Long Term Trading

Change your perspective — Peter, this statement below tells me that you haven't quite understood how the big boys operate: usually, big boys put on a position in line with long term trend but they do it when market temporarily corrects. e.g. ...

Identifying Market Swings - Medium and Long Term Trading

Good reply — Well done, Peter, you're progressing. You're almost there..... I will only comment on what I don't agree with. can afford to lose a lot or stomach large loss Maybe, but remember that even the big boys have to answer for these ...

Identifying Market Swings - Medium and Long Term Trading

2 out of 4, Good start — 1. Yes, the big boys can move markets and the big boys are the ones that define the trends 2. Yes, if they get things wrong. But think about how/when they have to put on their positions and try again. 3. Thanks, but ...

Identifying Market Swings - Medium and Long Term Trading

Hope you're joking — I hope that you are joking and that you really don't believe what you wrote. If you are serious, then you're thinking is so far off from reality that it will be impossible for you to have a profitable career in trading.

Identifying Market Swings - Medium and Long Term Trading

Thinking like the Big Boys, part 4 — Ok, hopefully everyone has had a chance to absorb how the Big Boys are thinking and why they think the way they do. Let's take this to the next level. Based on what we know so far: 1. What advantages do the ...

Identifying Market Swings - Medium and Long Term Trading

COT and medium term risk aversion — IMO, COT doesn't give much guidance this week. It also doesn't change my opinion of the medium term risk aversion. I'm going to stick my neck out and say that I believe the risk aversion will continue next ...

Identifying Market Swings - Medium and Long Term Trading