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srmfx replied Nov 26, 2013Large 1.3525 option expiry for NY cut. No comment.
Following the big money
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srmfx replied Nov 26, 2013The rest of the 1.3520 ladder closed at 60 just before the NY cut. I think that this downward price move was connected with the option expiry
Following the big money
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srmfx replied Nov 26, 2013Active position management allows me to get out at BE instead of getting stopped.
Following the big money
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srmfx replied Nov 26, 2013Yesterday someone stopped EUR decline below the figure. Forward points are supporting the upside for EURUSD. STE @ 20 EMA. GBP/USD was the better choice however. A break above 1.3560 would open the way towards 1.36
Following the big money
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srmfx replied Nov 25, 2013Start with his first book and if it is OK for you then buy the videos. Al Brooks trades on simple price action but explains a few nice tricks such as failures and failed failures. His basic rules are pretty simple and easy to understand. ...
Anyone Study Al Brooks' Price Action Course?
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srmfx replied Nov 25, 2013The trick with 5M binaries is that rarely the set up can be traded with good R/R. However, when you find such a case just go for it. Unfortunately I have to use more that one broker, because not all of them have the right option on the right time.
Following the big money
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srmfx replied Nov 25, 2013Another binary STE at 200 EMA. 2 minutes ''till expiry
Following the big money
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srmfx replied Nov 25, 2013When the vol is low, binaries are the best tool.STE at 50 EMA
Following the big money
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srmfx replied Nov 20, 2013I missed the first STE, second one was losing, but this one is developing OK so far.
Following the big money
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srmfx replied Nov 15, 2013I bought at 200 EMA because of the large uptick above 200 EMA 1st part closed for profit equal to the initial stop. 22nd part closed 20 minutes after opening (time limit). Stop now is -3.6 pips.
Following the big money
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srmfx replied Nov 15, 2013If I can summarize, my strategy is indeed Follow the big money. I have 15 years +- experience and it allows me to see various trading opportunities. In general I have to following main strategies: Spot: - trading around strong levels of support ...
Following the big money
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srmfx replied Nov 15, 2013The spot market is 2 046 bn (according to BIS). As numbnuts noted interest rates for the major economies are close to zero and for now are not expected to change. The same was in 2006 although the market was much more tradable. Large part of the ...
Daily ranges get smaller - why?
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srmfx replied Nov 15, 2013Last part closed for 26 pips profit. Bids at 1.6050.
Following the big money
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srmfx replied Nov 15, 20137 pips scalp. The last part of the initial position is still live,
Following the big money
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srmfx replied Nov 15, 2013I'm busy with finishing of my books, but managed to sell GBP/USD. The entry and exits are more complicated than they should be. The right entry was at the highest EMA. However now the stop is at +5 pips.
Following the big money
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srmfx replied Nov 14, 2013First, I don't want to underestimated your work. Currency pairs fundamentals are the expectations for the interest rate differential. You can use the forward points as indicator for the fundamentals as there are reflected the interest rates and the ...
Fundamental Analysis Quantified