Perfect examples here from Taz!

Your best way to follow longer term trend? Opinions!

I agree with all this barbones! If you take a look again at my USDJPY example posted yesterday, you'll see that regardless of the TF you sat there trading, it was going to go bid. Watching it go up on the daily or the 1 min chart was irrelevant. ...

Your best way to follow longer term trend? Opinions!

You're welcome venividivici! Just keep working at the process, it'll come. You will make a few errors along the way. This is absolutely normal. Do not let your mistakes though put you off track! As you go along, you will gain knowledge and ...

Your best way to follow longer term trend? Opinions!

Excellent! ECB>>QE ECB and FED are diverging. Don't over think it! Look at the CB's and watch what the CB's are watching in their respective economies. Keep an eye on the rates. You are trading this in a BROAD WAY. Your mistake is trying to finesse ...

Your best way to follow longer term trend? Opinions!

Yes, and traders continue to trade without an edge. Trade when you have edge. Last time i looked, there wasn't anybody sitting over my shoulder with a pistol aimed at my head. If you don't see it, then sit there till you do. Your mind has to be ...

Your best way to follow longer term trend? Opinions!

EURUSD WHY have we traded lower over the last 1.5 yrs? Now pull up your trade blotter and run back that far. Have you taken long EURUSD positions? That could mean intraday,swing or position trades? And why have you taken long EURUSD positions? If ...

Your best way to follow longer term trend? Opinions!

Investigate MACRO and SENTIMENT drivers. These are INPUTS. Then, and only then, should you investigate the OUTPUT, or in other words, charts. rgds Stephen

Your best way to follow longer term trend? Opinions!

USDJPY INPUT: Divergence in rates and a dovish/neutral BOJ to a neutral/hawkish FED *Caveat: (JPY benefits in risk-off trade. Caution on wheels falling off anywhere globally!). BOJ key players hitting wires pre-London open.... image The trade: ...

Your best way to follow longer term trend? Opinions!

lol.... In the end when they finally exhaust all energy into finding edge on OUTPUT, will they listen. It takes some longer than others and some never! When you are looking to purchase an investment property, what is the first thing(s) you do? You ...

Your best way to follow longer term trend? Opinions!

Barbones, you're drinking the wrong smoothie! Focus on INPUT not OUTPUT! rgds

Your best way to follow longer term trend? Opinions!

OP, Taz is laying this all out for you here! You are at the crossroads where you have two choices: 1. You can try and do things the seemingly easy way with as little effort as possible...the quick dirty frustrating money; or 2. You can choose to do ...

Your best way to follow longer term trend? Opinions!

Nailed it!

Your best way to follow longer term trend? Opinions!

You're welcome verv! You're doing well matey so keep it up. Absolutely! I also keep my eye not only on what the CB's are doing and saying, but also the rate and FX traders and what they are pricing. Take care. rgds Stephen

Position Trading - F it, lets start a thread

Sometimes if you feel this way verv, you can work across exchange. If you don't want to take risk in the outright, you could spread say US2y-DE2y So in the current environment long the spread. Or you are expecting the US 2y to gain over the German ...

Position Trading - F it, lets start a thread

No worries verv! Attached is the 2y futures Dec15 contract Current price is 109.00 even image Some extra info on treasury futures file

Position Trading - F it, lets start a thread

Where did you expect pricing to be verv? If you can elaborate further, i may be able to offer some comments. It has been a 'funky' ride though due to rate traders not really thinking the Fed will be able to do much in terms of normalizing. The Fed ...

Position Trading - F it, lets start a thread

Really nice thread verv! Talking trade in a professional manner. Breath of fresh air guys, truly. Keep it up! SK

Position Trading - F it, lets start a thread

You got paid because you were on the right side of the BOE. Next time when you're on the right side, leverage it! Nice trade! Rgds Stephen

Why it is possible to predict price movement?

Yes!

What works, and what doesn't

Well said Diceman! Your quote above is really what it is about! Simply, you want to get something started that offers very low risk, ideally as the trade plays out, your risk decreases. As your risk decreases, you then begin to leverage the move as ...

The Only Real Edge: Trading from Breakeven