Another instance of put buyers making a killing!

FX futures options Buying: Is it a lottery? or a business?

The trade recovered from 229 points to close at 348 points. A drawdown of 71 points leaving profit of 48 points today. image

FX futures options Buying: Is it a lottery? or a business?

A good observation on fundamentals analysis: url

Spotting EURUSD Breakouts only

Fishing in the troubled waters! A financial trader has to think like an angler. The two most important factors that an angler considers are: Selection of a venue and time to fish. In other words, the angler takes a look at the weather and the tide. ...

Spotting EURUSD Breakouts only

I don't use any indicator to provide me signals. I just use them to visualise where I am at present and where I could probably be heading into. Main reason or logic for my trading is whether there is a trigger for trading or not. It could be a ...

Spotting EURUSD Breakouts only

I select pairs for their overriding economic reasons as well as their mean-reverting tendencies. I use statistical studies for studying mean-reversion patterns. I would avoid pairs which probably could be locked in a tug-of-war kind of situation. I ...

Spotting EURUSD Breakouts only

Assessing fundamentals is akin to reading the mind of the market. You should set up push-up points where the market is likely to trigger volatility or breakouts. It makes you aware of what lies ahead in your quest for locating probable trading ...

Spotting EURUSD Breakouts only

Be patient. Wait for breakout setups!

Spotting EURUSD Breakouts only

That instrument is currency options or currency future options. You can read about it in another of my threads: url

Spotting EURUSD Breakouts only

You really have to be mentally strong as well have deep pockets to take care of an uncertain drawdown as long as you are trading spot fx. So you choose an instrument which gives you : (a) quite a few chances to be proven wrong without having a stop ...

Spotting EURUSD Breakouts only

Update on the eve of expiry. The underlying futures price is 4 points below the strike price of 1.1350.

FX futures options Buying: Is it a lottery? or a business?

If market basics - momentum and symbols with strong mean reversion tendencies like EU and GY - are in place, it is worth attempting entering random entries with equity profit and equity loss as exits.

50% win ratio, 1:1 sl tp, and random entries

[/B] Copernicus, My experience of random trading has been a rewarding one and mirrors what you have described . url I traded with no Stoploss and tried to find ways to manage drawdown. I found using margin level per cent as well as number of open ...

50% win ratio, 1:1 sl tp, and random entries

Details: url

Spotting EURUSD Breakouts only

Fundamentals analysis url

Spotting EURUSD Breakouts only

Let us work on becoming masters of breakout trading. Any suggestions on how do we go about?

Spotting EURUSD Breakouts only

Trading requires: 1. Reason or why should I do trade? Technical or fundamental or both? 2. Timing or what could be probable trigger? How many triggers you can mark in a year based on historical data? 3. Exit plan: How quickly to exit so that I don't ...

Spotting EURUSD Breakouts only

You have to demo trade at least for a year. Your target should be to hit a profit of at least $2,410 in maximum 12 attempts. $241 return on an investment of $682 in maximum of 10 trading days should be the goal. You are allowed to take loss only for ...

Spotting EURUSD Breakouts only

If there is a breakdown of 120 pips, what will be the profit?

Spotting EURUSD Breakouts only