Depends on pair & volatility but generally never less than 150 pips. E/j & g/j minimum 200 pips.

EUR/JPY Trading Room

I worked on a prop desk at a bank for many years the size your talking about is not a realistic size position in 1 shot. Your moving the market with a trade that size. Even breaking it up its insanely heavy order flow for one pair in a day.

Proof That Ultra Profitable Trading Is Indeed Possible

breaking it up into much smaller lots is a very different story but then you'll never get the fill your looking for. I understand how large citibank is i have colleagues that work there but your still talking very unrealistic size for 1 trade, your ...

Proof That Ultra Profitable Trading Is Indeed Possible

I dont take thing personally at all sir. Was typing and not paying enough attention and I can admit my mistake and made a typo believe me not a big deal, the fact is your taking about size thats not realistic what so ever, you will never get the ...

Proof That Ultra Profitable Trading Is Indeed Possible

I'm not interested at these levels but that doesn't mean I'm not bullish. As of right now I'm interested in 1.3050 area with a stop at 1.2950 area targeting 1.3450 area, unless of course the recent high is taken out then I'd be looking more around ...

EURUSD

The area you referenced doesn't look like a pullback in the direction of the immediate trend? Your talking about the pair being to high, no? You said QE didn't stop that move right, to me it looks like just a pullback within the bigger move.

EURUSD

isnt it truly amazing what some people's perception of size is in the market. Ive put orders for 5 standards on the bid or offer & got partial fills. Meanwhile my sales rep at IB told me a very different story before I opened my account. ...

Proof That Ultra Profitable Trading Is Indeed Possible

Just look at the area your talking about image

EURUSD

Excellent post.

EURUSD

It's déjà vu of last week, major shakeout early in the week then insane up thrust. There's no free lunch in this biz & the big boys make you play to play when the trade gets as crowded as its been.

EURUSD

You really don't understand the size your talking about. 300 people doing 10m blocks at 1 time, that's moving the market you'll never get a fill within .5 of a pip. Listen to the question your asking is a sales person delusional no he's just a ...

Proof That Ultra Profitable Trading Is Indeed Possible

no more free lunches on this one it's going to be expensive to play.

USD/JPY Discussion

Small size & a wide stop, wait till your a head of the trade and slowly add in if it confirms your right. Trade is getting crowded so shakeouts will be in a couple of hundred pip ranges IMO

USD/JPY Discussion

Volatility has drastically increased so there's going to be major shakeouts along the way similar to last night and the beginning of last week there was one as well, this is a mix of profit taking, stop running & repositioning. The free ride on this ...

EUR/JPY Trading Room

Reread the news the earliest it will stop is the middle of the year, so sitting in an underwater short for that long is pointless. There's no reason to be first to the party you'll make just as much money waiting for the second entry & your risk ...

EURUSD

It has nothing to do with news the Fed is buying assets which is what is holding up the markets up. Biggest mistake a trader can make is trying to call a top it's a sure fire way to blow an account. These are pairs you need to look at both sides of ...

EURUSD

Yes but as of right now as long as QE is still going & till it stops the USD is a bigger sell.

EURUSD

Not at all, look at the higher TF's the trend is up, the news added fuel to the moves but the trend is definitely up, that's why your seeing crazy shakeouts like last night night.

EUR/JPY Trading Room

Everyone is trading different TF's as well, most are intraday.

EURUSD

I've found this to be one the most most effective ways to determine levels for the next day. Sticking to a session & looking back on previous days session gives great levels for the next session. Also gives of a feel for the direction of the new ...

EurAnalysis