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SimonPhoenix replied Mar 3, 2015I can tell you now you're not following big money. "The point is that the big guys never tell you in advance what they intend to do and you have to learn to think they way they think." What do you mean tell you in advance? Broadcast it on Bloomberg ...
Following the big money
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SimonPhoenix replied Mar 3, 2015So what you're saying is this is how banks/large players trade? I don't think so. I bet you don't even know why the market goes crazy when the news comes out. You want to know why? Because the market makers turn the machine off, that's why. You even ...
Central Banks & Big Players
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SimonPhoenix replied Mar 2, 2015Why is everyone trying to short this today? There is a clear buying imbalance!
EURUSD
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SimonPhoenix replied Mar 2, 2015The US Dollar is rising because the Fed stopped quantitative easing so naturally the dollar would go up. The ECB has started quantitative easing now this month and will drive the Euro down which will have some impact on the dollar rising further. J ...
Imminent collapse of the US dollar?
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SimonPhoenix replied Mar 2, 2015Huge buying coming in right now, market moving higher on increasing volume, 400 prints on the footprint. Would not be selling this right now it would be like stepping in front of a freight train.
EURUSD
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SimonPhoenix replied Mar 2, 2015Destination for this market today is the previous day's high or just below around 1.124xx area. Since we have broken out of balance we look for the market to continue the imbalance 1 time framing down, therefore I will be looking for it to hold the ...
EURUSD
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SimonPhoenix replied Mar 2, 2015If we don't find a seller then we'll come back and test the bottom of the previous bracket that's 1000 pips. Markets do this all the time, it happened last month on the previous balance area and since the Volume point of control has not migrated ...
EURUSD
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SimonPhoenix replied Mar 1, 2015People lose money on all markets because; - They have no risk management - They trade green/red signal systems
I've figured out why so many people lose money in Forex
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SimonPhoenix replied Mar 1, 2015"Price is everything" Sorry I have to completely disagree.
Price is everything
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SimonPhoenix replied Feb 28, 2015Just because they're new to the site doesn't necessarily mean they are rookies...
EURUSD