No no, misunderstood my question. What you described isn't a market maker. A market maker is someone who makes the market, ie, takes the opposite trade to their client. Banks do this. But I was wondering if he was referring to banks, or a broker, as ...

PVSRA (Price, Volume, S&R Analysis)

Define MM? - (I'm guessing you mean Market Maker) By define, I mean, brokers, banks, institutions? Which are you referring to?

PVSRA (Price, Volume, S&R Analysis)

As much as I feel I shouldn't post my personal views on this subject, I'm going to anyway. Forex is a market, and markets make up every single business in the world. If you are in the business of electrical appliances, for example, you see a product ...

Here's the answer to "Can I make a living from forex"

Last week we saw the U.S. Dollar lose even more value, especially against Sterling, after even more weak data, pushing back expectations of a rate hike from the Fed. Cable touched the 1.58 level, rising from the mid 1.54's at the start of the week, ...

Fundamental Trading with a Directional Bias

Thread like this is great!! Although I don't trade with a PoP, and probably won't for quite a while, it's great to get an insight into the dealings of volumes of this size. Incredible! Thanks all, really appreciate the insight!

Prime of Prime Broker

I have accounts spread across a few different brokers. What sort of account size are you looking at?

Which Broker are you using and Why?

@Dunno67 I would personally always recommend people learn fundamental analysis. I tried with technicals for ages and never made money, got into fundies and it totally changed my trading. Fundies are the reasons why the currencies move the way they ...

Anybody have a good long term trading strategy?

@Dunno67 That's exactly right. It's why some brokers even offer leverage as much as 500 or 1000. @RexTexas Leverage isn't always bad. Some people dress it up to be a terrible thing and when you start trading, people like to make it sound very scary ...

Leverage question

Eurostoxx too. Nikkei is important too.

European and London markets

Cape Sienna, that's pretty good... image

Motivation Zone - Share what/who motivates you

Remember the reason why leverage is so highly available in Forex is because without it, it's very expensive to start. But yes, it is normal. Just remember, your margin required divided by your leverage gives you the required amount of capital you ...

Leverage question

@shay14 No, leverage works to enable you to place orders of market size. So let's say you're wanting to trade 0.01 lots. That generally would equate to £1,000 of the currency. So to take that trade, you need access to £1,000. 1:10 leverage increases ...

Leverage question

here's another which is playing out right now. RBNZ looking to cut rates, at both June and July meetings. Sell NZD.

No brainer fundamental trades

By the way, I have a Trading View profile which I try to post some setups to located at url Please feel free to comment on my setups, they'll link back to what I post here anyway!

Fundamental Trading with a Directional Bias

We had a very busy week in the markets last week with two key events standing out: US NFP and the UK Elections. Sterling soared as Conservatives first were ahead in the Election poll and then won the majority over Labour and the rest of the ...

Fundamental Trading with a Directional Bias

@SakibFX As the AUD dropped ahead of the rate cut, because it was highly likely that a cut would happen, the rate cut was already priced into the markets. The rate statement that comes with the rate decision was then not as dovish as we expected it ...

Fundamental Trading with a Directional Bias

Look for two currencies with central bank divergences: one which is increasing rates or looking to, and one which is decreasing. Buy the currency which is increasing rates, and sell the currency which is decreasing rates. This is WHY the markets ...

Anybody have a good long term trading strategy?