I have worked on trading floors at investment banks and at hedge funds and I assure you they are not trading supply and demand.

Institutional Equivalent Education?

You said nobody knows what the news will be. That statement alone proves you don't understand it. It implies trying to forecast the future and we all know that gets you nowhere. Reading the headlines and a few stories doesn't mean you understand the ...

Institutional Equivalent Education?

You don't understand how to trade news so how can you believe you have sufficient knowledge to instruct others to avoid it. That's misleading to say the least. It would be like me telling others to avoid supply and demand because I can't get it to ...

Institutional Equivalent Education?

Against them? They are the ones moving the market on the same Information so it isn't against them it is with them. It is retail traders looking at charts that's most likely on the other side getting crushed (like you said you avoid it for that very ...

Institutional Equivalent Education?

Sorry to break it to you, but forex is driven by news. The main driver is central bank policy and economic data is traded in context to central bank policy. Political news also plays a big roll albeit not as regular. Take brexit for example or trade ...

Institutional Equivalent Education?

100% dufas

The only thread you will ever need: FX Exposed!

Only idiots lose money trading the news because they think digesting the headline is all they need to build context for a trade. Next thing you probably going to tell me is that it is only long term or already known or manipulated for an advantage?

Institutional Equivalent Education?

I make all my trades off news and on the contrary, taking money from the market every week. Same for all the investment banks and most hedge funds. They don't spend huge amounts of money on news terminals to look smart.

Institutional Equivalent Education?

hilarious

Institutional Equivalent Education?

The $5.09 trillion break-down is as follows: $1.654 trillion in spot transactions $700 billion in outright forwards $2.383 trillion in foreign exchange swaps $96 billion currency swaps $254 billion in options and other products Trade will sit in ...

Forex trading will fall to $2 trillion per day

That's because you are actually speaking to a banned member called Dukas_trader. We all know him well, his writing style is very easy to spot. Hello Dukas, I see you have chosen a handle worthy of your character. Still can't let go of fractal freak. ...

Price action at the core / tma intra day

That depends on your trade management approach. Rigid stops and targets is not the most optimal way to manage a trade. In that framework, yes it is not a good idea to persistently risk 5%. There are many ways to manage trades and nothing is standard ...

5% risk per trade?

Is that you Dukas? Hiding behind a new handle yet using the same phrases?

Are trading costs the main reason of losses in trading?

Sorry to hear that. I too have thousands of hours of screen time but I have been rather anal about my vision and have all my monitors on the lowest brightness possible. Everyone bitches about it because they cant see the screen but I still don't ...

False Prophets

Risk reward to me is like story of fairies and goblins. You cannot know how much potential a trade will yield, you can only assume and building an acceptable risk to reward profile off of assumption is fools gold. The market is not rigid and why ...

5% risk per trade?

How are you finding NQ otherwise? I have considered trading a major indice or 2. My current client has over 2000 indices they produce and manage with more being built. They make money hand over fist with this stuff and revenue per capita is unreal ...

False Prophets

That is the beauty of trading economic scheduled news. I can literally plan my trading schedule months in advance if I wish, however, I only look 2 weeks ahead. It is the only way I am able to make time for trading while managing business and ...

False Prophets

I love you outthere, always have, always will. No harm intended

False Prophets

For the third time, and the last, I have never made a blanket statement that TA is useless. Why the heck would I start a thread with it if I thought it was shit. To be specific, on its own its shit. There's a difference.

False Prophets