Couldn't agree more srm! There is never an easier or better time to move prices than on a striped back limit book pre-release . If you have some money to burn you can shift the market over the micro scale to get done what you want. For newer spot ...

Is anyone here an institutional trader?

You're welcome! All the best with it. Regards

What chart do you use? (M1, M5, M15) Does it make a difference?

Don't be sorry, we all start at the same place. The beginning. Here is what I do. I could change some of the values below and it would make no ounce of difference. Session chart is 1min high/low bar compressed. This chart will give me about 2 days ...

What chart do you use? (M1, M5, M15) Does it make a difference?

Yes sure, you'll have volumes pushing through at key times during the day. As mentioned money market opens for Sydney, Tokyo, London and New York. An increase in volatility should be expected. Also key releases in those sessions have the potential ...

What chart do you use? (M1, M5, M15) Does it make a difference?

Currency moves are independent of time frame and therefore makes focus on correct time frames of little importance. Time of day/event is an important aspect though and should be considered. Ex. London open or time of a key economic release that ...

What chart do you use? (M1, M5, M15) Does it make a difference?

It would be impossible to begin without me becoming a slave to this thread, and that I do not wish limprobable. I could tell you to use Google but you already know about Google. If it makes you feel any better it's all the help i had over the last ...

Retail vs Bank FX Traders

Precisely srm! Just look at the %'s. They go about it all wrong(most traders, not saying all traders). I find there is a pattern to the majority where they want to try to do it as quickly and with the least amount of work possible. It doesn't help ...

Retail vs Bank FX Traders

It's something that is and so i shared. Thread title makes this extra information relevant in this case. I couldn't be sure the OP knew this information. Couldn't agree more skenobi! A dealer working a customer order, say a yard of British Pounds, ...

Retail vs Bank FX Traders

Also aside from what skenobi mentioned(having a higher risk tolerance/firepower), they will have exclusive access to liquidity, in the form of reciprocal agreements with other intermediaries to continuously quote the bid/ask, see 'flow' through ...

Retail vs Bank FX Traders

Have you considered Justin that EUR current rate maybe still too expensive looking forward? You are viewing things from a 'look-back' perspective not 'look-forward' perspective(based on what is driving price and where it could eventually end up). ...

EURUSD drop/manipulation - Anybody else sick...

Justin. That monthly chart looks like that due to CB and economic divergence. You may get dealers straightening book out now and then but it's CB's that create these moves. Macroflow is institutional money at work and you ride those flows. Never ...

EURUSD drop/manipulation - Anybody else sick...

Read financial news/flows. Build core ideas so I can execute on them. Regards “I will prepare and some day my chance will come.” ― Abraham Lincoln

what do you do while waiting for a good trade ?

Congrats Raczek!!! Not long for me too.Been a journey. Regards.

raczekfx chart thread

It's great when you're working the side of the manipulators though Justin.Easiest money you'll ever make.They do all the work for us. Long EUR positions are forbidden... the EUR is a bloody train wreck right now. I love trading. Regards

EURUSD drop/manipulation - Anybody else sick...

Good post df! One on one is always best way. I'm a mentor myself, so i'm biased. Trouble most times is a mentor will give you his/her way of trading, so a system they use or a technical pattern etc The best mentors will be those that understand how ...

As simple as possible: 00 level trading

Also good points lee! Trading with some skin keeps you interested, taking it seriously and it will bring the psychology of trading into play. The biggest battles are mostly with ourselves. Regards.

Any Rookies need some help

Good Advice Mike! I see too many expecting to make a living from a small account. Also a big issue is trying to hit ridiculous % targets(5% is a nice conservative #). The best target you can have is to trade well everyday. Be disciplined, be patient ...

Any Rookies need some help

Yes absolutely Ben! You only need a few good trades a week and you can put in solid stable growth. What do you consider when you're trading? Do you have a 'blueprint' you work off, a framework for decision making? It sounds a little like you're ...

The 3 month demo trading trial - Journey to profitability

If you aren't looking at the market correctly you can be patient and disciplined all you want but wont make anything. On the flip side if you understand how it all works and are not patient and disciplined then you'll struggle also. What i'm trying ...

The 3 month demo trading trial - Journey to profitability

Sorry to see you struggling here ben. How do you go about your trading if I can ask? Your decision making process? Regards.

The 3 month demo trading trial - Journey to profitability