Well this way of thinking already puts you ahead of many people who want to trade for a living. If someone places their stops in an obvious pool of liquidity, that's not a conspiracy; it's just... liquidity. No one is "hunting" them; the market is ...

Trading for a living

What you're missing is that it’s about constructing a portfolio where instruments offset each other’s risks to an extent. Think of it as not about betting on black or red, but rather about hedging your bets across the whole table. This is where the ...

Stock market strategies that work?

In essence, while the stock market might lend itself to the idea of manipulation for profit, the forex market is largely about fulfilling economic needs and maintaining stability across global financial systems. The profit motive exists, certainly, ...

Trade bank's edge

Yes... the notion that banks would waste a moment of their time worrying about retail traders' positions, particularly in the CFD market, is, to put it mildly, laughable. Retail traders are like a rounding error in the grand scheme of things, and ...

Trade bank's edge

Your hypothesis is not only incorrect but displays a fundamental misunderstanding of how the forex market and institutional trading truly operate. The notion that banks somehow rig the system to ensure perpetual profitability at the expense of ...

Trade bank's edge

It is the same story as always. Expectations vs reality. One thing we can conclude from the last few days of EUR/USD is that, no matter what, you need to be careful with leverage and your risk management. Probably the most important thing. Many ...

EURUSD only

Yeah, I did take the opportunity. On Monday I didn't find anything, but on Tuesday I found a great chance to enter a short, added an additional position after the FED announcement as well. I'm no longer in the trade though, the move was very sudden, ...

EURUSD only

Working with people who have expectations from you is very hard... I can guarantee that that surgeon was not lying!

EURUSD

You sound like you did take some offense. Sorry for that. Don't know why. It is very strange for you to take offense if someone says he uses a different trading style than you. Im not agent of a financial institution, simply trading through my own ...

EURUSD

Good way to think about it. History repeats itself. What I've found is that focusing on the bigger cycle can sometimes be less productive... This is mostly caused by the lag in the cycle transition, my general policy is : If you don't want to make ...

EURUSD

Thanks for your reply. Yeah, I'm not a regular here, or anywhere for that matter and I don't know your style, but thank you for sharing information. I meant no harm with my comment, I did not mean to say anything negative to you or about your ...

EURUSD

This is something I often though about, it's hard to say... i also think, what is a cycle? Every cycle can have a thousand smaller cycles, maybe we can upscale it and find that a cycle lasts a whole lifteime, maybe even more... It's depressing to ...

EURUSD

I'd like to add my comment, I personally found that the biggest profits for me are from trades that have a very high reward compared to risk, but for this I'm mostly talking about mid to long term trades that last for weeks, sometimes months. When ...

EURUSD

Most of the heavy lifting when it comes to consumer spending was done on the services side. Services do show up in some places in retail sales; But because the report is a better refleection of goods spending, it was expected it to be hit and miss ...

EURUSD

I'm not familiar with the matter you fellows are arguing about, but i don't see the point. We are all here to cooperate... at least i would hope we are here to talk to fellow traders, learn, teach and share ideas. If some members have malign ideas ...

EURUSD

In the chart below I've attached the relative value of EUR and USD over the last 18 days. On friday, the EUR was unchanged in it's relative value, while at the same time the USD increased. Based on fundamental data i believe that the EUR "owes the ...

EURUSD