Hedge fund traders get a commision of 20% on what profit they make for their clients. As they are dealing with huge volumes of money. If you have $5000 USD, and you doubled you account, you would only make 5 grand in a year. If you traded 5million ...

Does that make sense to you.

It depends on what ones pre-determined strategy is.

Cable Update (GBPUSD)

Markets seem to be moving really slow for me today. None of my limit orders have been triggered: it's like having clouds without rain!

Cable Update (GBPUSD)

Nice one mate, I appreciate it a lot.

Whole Number Meta Trader 4 Indicator

I am waiting for a retracement back closer to the daily start for a long entry. I'm not taking any shorts: I'm not comfortable taking any shorts. Buying the dips.

Galations - EUR/CHF

That is a wise strategy. Nice one. When this pair breaks out, it moves so so fast. I looked at it one minute, then a few minutes later it had moved nearly 100 pips...! Now, as you said, it's about buying into the lows.

Galations - EUR/CHF

You work for the SNB... and you're a rep for them?

Galations - EUR/CHF

Where did you hear this rumour

Galations - EUR/CHF

Technically it has dropped over 100 pips, which is a pretty good retracement. I don't think it will drop significantly. Look at all the past huge breakouts for this pair, in the majority of cases, price didn't have a huge fall afterwards, it closly ...

Galations - EUR/CHF

The graph below is for people who don't know what happened. Notice the huge breakout, and now, price is continuing as before, in a tight range.

Galations - EUR/CHF

As this pair had low volume, I don't think it would have taken a whole lot to move it as much as it did.

Galations - EUR/CHF

That's Right. — LONDON, June 24 (Reuters) - The euro jumped against the Swiss franc on Wednesday, as dealers cited selling of the Swiss currency by the Swiss National Bank. The euro surged to 1.51 francs from around 1.5010 francs EURCHF=. "The ...

Galations - EUR/CHF

I obviouly have closed my short now, but price has really broken out to the north. Very bullish indeed. 152.55 now. Thats 250 pips in 15 minutes.

Galations - EUR/CHF

Wow..wee! That order was not only successful, price action shot up like a rocket. I have added a small short at 1.5090

Galations - EUR/CHF

This order was fulfilled successfully. Next: Limit TTO Long @ 1.5017 Take Profit: 1.5030 Stop Loss: 1.5008 Again, using higher leverage.

Galations - EUR/CHF

Placed a market TTO order, with high leverage: Entry: 1.5035 Take Profit: 1.5020 Stop: 1.5040 I think the daily open will suck price back down towards it.

Galations - EUR/CHF

This trade actually worked out close to perfect. As you can see from the chart, the daily open price is acting as a magnet. I still think price will touch 1.50.

Galations - EUR/CHF

I just had a quick glance at the chart and the bull flag screamed out to me, even though it's on a smaller time frame. Watch as this develops. Watch for a bullish break of the bull flagpole high.

Cable Update (GBPUSD)

That's because, at the end of the day, they don't know where price is gonna go. They try to, as we all do, improve the probability of a positive outcome in any given trade.

EURUSD