- Search Metals Mine
-
srmfx replied Oct 4, 2013If you can scalp with binary options with 1/3 RR or even with 1/5, why you should trade the spot with 1/1 R/R?
reward to risk ratio
-
srmfx replied Oct 4, 2013The R/R ratio is makes the difference between the winning and losing traders. Trading is all about money management. Anything below 1/2 is more like gambling (not betting). You can use options if it is impossible to have 1/2 ratio on the spot market.
reward to risk ratio
-
srmfx replied Oct 3, 2013Most of the traders start with MT4 FX broker and never have the chance how the market actually works. I think this is the main reason why 95% fail. Market mechanics are pretty simple. There are prices and at every price orders of certain size. ...
Slippage explained
-
srmfx replied Oct 2, 2013EUR/USD is going nowhere. Time stop/limit was activated.
Following the big money
-
srmfx replied Oct 2, 201320 and 50 EMA are pointing higher. Test of 20 EMA could be traded at spot with a long at 1.3522, with initial stop at 1.3518. You can also buy a Higher/Lower option with expiry after 15 minutes, and strike 4 pips above the current price. The option ...
Following the big money
-
srmfx replied Oct 1, 2013Good strategy to trade the Asian range breakout. Buy Ladder above the market and sell one below. The risk was 25 pips for 75 pips max profit. R/R 3/1. What we need is just a breakout in some direction. Expiry is at 8:00Am London time. You can close ...
Following the big money
-
srmfx replied Sep 30, 2013This one is from my morning trades. Short at resistance. Ladder with a strike 5 pips below tha market and expiration after 20 minutes. R/R 1/3
Following the big money
-
srmfx replied Sep 30, 2013Lower low followed by IBNR4. Bought 20 minutes ladder with a strike 1.61457 at 16 pips. Net profit of 84 gives 5.25 R/R for a 12 pips price move.
Following the big money
-
srmfx replied Sep 10, 201315M chart is in uptrend. Long just above the 100EMA. Consolidation on 1M chart. Stop 5 pips.
Following the big money
-
srmfx replied Sep 7, 2013Thank you diceman555. The spot FX is not what it used be. I trade mostly options for the last few days. Binaries are a very good solution for the lower volatility market. You can trade with a risk/reward ration of 1/5 even 1/10 when the currency ...
Following the big money
-
srmfx replied Sep 5, 2013The initial stop was 10 pips. Positioning before London open provides good opportunities for trades.
Following the big money
-
srmfx replied Jun 21, 2013Binary options are perfect for trading my STE set up. I need only a few pips of price move to have 1:3 or even more risk/reward ratio.
Following the big money
-
srmfx replied Jun 12, 2013It would be great if a computer program is trading for me, but it would be very difficult to make it. I've learned some C++ years ago but that's all. I'm not sure how exactly th equote reading could be programmed.
Following the big money
-
srmfx replied May 27, 2013Only the FX dealing desks of the big banks in London and NY have good info about the orders, but this is not making the order flow trading impossible. Quote reading gives you pretty good idea what orders are filled at the market. I use this approach ...
What is order flow trading?
-
srmfx replied May 18, 2013A few trades from my live trading session with Admiral markets
Following the big money