- Search Metals Mine
-
srmfx replied Feb 8, 2013Today the market is crazy. Long liquidation in eyrjpy and usdjpy is distorting everything.
Following the big money
-
srmfx replied Feb 7, 2013Hi adaseb, I see that Behzad.H is using tick charts and measures the moves with the Momentum indicator. This is correct, nut you may be right that MT is not the best software to do this. I do the same thing by wathcing how the quotes move but I do ...
Following the big money
-
srmfx replied Feb 7, 2013200 EMA is a very good place to initiate a STE in EURJPY. Initial stop is 5.2 pips.
Following the big money
-
srmfx replied Feb 7, 2013...and the trick is to follow them after a pullback. That's the basic idea of my trading style.
Following the big money
-
srmfx replied Jan 30, 2013The strategy is only 30% of the success. You should apply proper money management and that is much more important. Trust me you don't need a statement. Just see the logic of the strategy and you will know if it is OK.
Following the big money
-
srmfx replied Jan 29, 2013First position was managed unconventionally, because the trend of higher and lower time frames is not the smae. Actually the market is ranging from 15M lower. It seems a little bit strange to open a new position after the stop is hit, but the quote ...
Following the big money
-
srmfx replied Jan 28, 2013Absolutely. The best part of my trading style is the position management. The markets trade in range very often for longer periods. If I wait for bigger profits for the entire position my account will suffer.
Following the big money
-
srmfx replied Jan 25, 2013You are right Dynamics. Usually a big tick in EURUSD is larger than 2 pips. For the last few weeks such ticks are rare. I don't read much about Asian sovereigns buying and I suppose this is the reason. The other market participants are entering with ...
Following the big money
-
srmfx replied Jan 25, 2013I've missed the entry at 1.3360 and have to build a position above the broken big figure. This time the initial stop of the average position was 9 pips.
Following the big money
-
srmfx replied Jan 24, 2013Sometimes I see divergence even between DAX and FTSE which is strange. Unfortunately I can't use the corellations in the last few weeks. Probably a lot of money are invested in stocks since the start of the year and this is causing divergence. VIX ...
Following the big money
-
srmfx replied Jan 24, 2013The last part of my EURJPY position was stopped at +20 pips. I'm out of the markets now. This roller coaster is too dangerous for me.
Following the big money