Everybody is waiting for the US employment report. They were surprised by Super Mario yesterday and don't want more surprises today.

Following the big money

Only today (1st Friday of the month) I trade with two monitors. Actually I connect a 22" monitor to my laptop. Larger monitor is for the charts where I watch the price action. For charting MT is pretty good software. On my laptop monitor I watch my ...

Following the big money

Today I'll trade volatility with strangles.

Following the big money

A lot of chart damage after the surprising rate cut by ECB. Super Mario sounded dovish, but short squeeze surprised the bears. Forward points show fundamental advantage for the bears. Key levels 1.3300 and 1.3550.

The Ultimate Trading Edge

Today is NFP day. I start buying strangles.

The Ultimate Trading Edge

Price levels are correct. They are above the range of the last two 28/2.

Following the big money

Nice trade. During major events I prefer to trade volatility. This time it was gold with binary strangle with daily ladders. Strikes 1299 and 1332. Total cost 13.2 pts, total profit 60 pts. Higher ladder closed after the ECB decision, lower after US ...

Following the big money

1332 ladder closed at 19 pts, 1299 ladder closed at 46 pts. 60 pts profit.

The Ultimate Trading Edge

Binary strangle with ladders. Strikes 1299 and 1332. Total cost 13.2 pts, max profit 86.8. Gold was trading in a narrow range the last few days. ECB and US GDP may wake up the bull or bears.

The Ultimate Trading Edge

Today I don't plan to trade spot until Mario Draghi speaks. If the direction for EURUSD is clear after that I can watch for STE.

Following the big money

Absolutely, but we sometimes hurry up, afraid that we can miss the trade. If you trade on the right time frame you will have enough set ups and if you miss one the next is coming. Time frame selection is very important ingredient of the strategy. ...

Following the big money

Ultimately, it's central banks day. ECB is expected to leave the rates unchanged. Traders are expecting with great interest what Draghi will say. EURUSD is holding pretty well above the 1.3440/50 support and if super Mario is not dovish enough the ...

The Ultimate Trading Edge

Soon the books will be ready. You can visit the web site to get more info.

Following the big money

I still have that long position. Two scalps in the meantime

Following the big money

Lower liquidity but with 4 pips stop it is worth trying. Two losing positions so far. This one is with 4p stop. 1st part +5.6 pips.

Following the big money

You can read that survey.

My market philosophy

Actually they don't manipulate the market. The dealers want their bonuses and nothing else. They use the order flow information and have an advantage. That's all.

My market philosophy

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My market philosophy

UK PMI services index could be traded with binary strangle (1.5920/1.6020). Total cost 10-12 pts. Unfortunately I've missed this one.

The Ultimate Trading Edge

Options implied volatility for 1wk expiries higher before ECB and NFP. Actually the prices of weekly options are a little higher than usual. EURUSD risk reversal in favor of EUR puts. Yesterday bought 1.25 3 months binary option. Plenty of expiries ...

The Ultimate Trading Edge