Your assumption is flawed. Markets are fairly unpredictable, yes. But, to a certain extent, they are predictable as well. So it's a little bit of both. Markets are moved by humans and humans are predictable, so it's only logical that markets can be ...

The similarity system

You really need to understand how to play the news and the holes in liquidity news can create. Many times these holes have to get filled as they are unwanted inventory. You just have to watch how price reacts, and intuition can help a lot. Price is ...

Technical Analysis Fallacy

Also let me just add a few more questions that popped into my head. 11. When you were/are dealing or trading, what time frame(s) of price charts would you have on your screen? 12. Were you allowed to front run your own customers orders?

Is anyone here an institutional trader?

No problem! I don't hold you to anything, you've already given plenty of treasures here. Hope you are well and I wish you the best. (Hope you also kick some ass during this FOMC)

Technical Analysis Fallacy

Hey FTI! You don't really know me, but I know you somewhat well (at least your trading MO from reading a couple of hundred pages of this thread). I know this is kinda weird, but I posted a few questions for (ex)institutional traders and it would ...

Technical Analysis Fallacy

Hello everyone, hope you are all well! Following Skenobi's adivce, I would like to ask a few questions to our institutional trading community and would love to get each of your views on some of the tactics dealers and traders use. First ...

Is anyone here an institutional trader?

Btw srmfx has around 15 years of experience and worked as a FX dealer. Do you really think his type of thinking would be inferior to a retail trader with false beliefs of blindly chasing trends when around 95% of them are losers?

Following the big money

I highly disagree with you because the big/smart money srmfx refers to do not blindly follow some chart trend. Instead, they help CREATE it. The big players base their trades on the macro situation and how one country's outlook compares to another. ...

Following the big money

Newer traders making any profit should be happy as that puts them ahead of the majority of their retailer peers. However, if your strategy is based on market dynamics and you can find a sustainable high probability edge (AKA you know why the hell ...

Is a steady 20%/yr growth target enough for you?

For a retail trader with a small account, 20% a year actually seems kind of mediocre to the potential out there. However if you possess a large amount of capital in your account I guess it's alright. Here's an interesting question. Why do you ask?

Is a steady 20%/yr growth target enough for you?

Basically dancingphil started a thread to discuss large lot size trading and was answering questions about his trading and what he does. The usual FF crowd quickly joined in and started calling him a scammer and liar (he has supposedly made more ...

Are there any Large Lot Traders here?

Because Ray Charles told it to hit the road

Are there any Large Lot Traders here?

Why was dancingphil temporarily banned?

Are there any Large Lot Traders here?

When a poll was released over the weekend showing Scots voting "yes" for independence was closer than ever, GU gapped down on September 7th. That negative sentiment remained for a little longer until price reversed around September 10th, proceeding ...

Cable Update (GBPUSD)

Depends on what she has to say. However with this speaking event I don't think it'll have too much of an impact. We've already been updated on their policy so there probably won't be any surprises. Keep an eye on the price action.

EURUSD

I personally use ForexLive and Oanda's news feed which includes Thomson Reuters IFR for options. MNI also offers that info. as well as others I'm sure.

Where should I look for option expiration data?

Lower volatility, lower trading volume, and choppy price movements. CFDs are starting to look more and more attractive until interest rate hikes start kicking things into drive, especially those indices.

AUD/USD

Glad we see eye to eye.

Stop Hunting

But at a time the Fed gets closer to enacting interest rate hikes while the ECB is about to decide on further stimulus? Will any big player want to get caught in a long EUR trade? There's a lot more to it than what the chart shows. And be sure to ...

EURUSD