I measure long term directional bias and short term directional bias within that. An eyeball and a bit of thought is a good enough tool for that job, but there are other tools available. I also measure whether the trade is working out for me. This ...

Measuring the Markets – Ideas

Yes that makes sense. I'd still expect to see more buying taking place tomorrow or tonight to support that view.

EURUSD

Why will it be obviously positive for the EUR? He may cut the rates again, which would have a negative effect. He may announce large quantitative easing, which would push it down. Obviously Draghi will want to put in place measures he thinks will ...

EURUSD

I have an eye on weekly all the way down to 1 minute. Was there something in particular you wanted to point out? The big bearish engulfing bar, the 3 weeks down in a row for instance? What caught your eye?

EURUSD

I found that if you short eurusd while Mario Draghi has his mouth open on tv, you have a 73% win ratio and winners are larger than losers

EURUSD

Back to topic. Has there ever been a time when people didn't say the EURO would fail? I remember before it was introduced it was suggested it would fail, when it was introduced it was slammed by the media as not working, during the credit crunch the ...

Can the Euro survive?

I think the problems lie more within the governance than with immigration. It can't be any other way. If you took the net financial effect of immigration in the UK it would most likely be positive, but even if it wasn't it would still be far less ...

Can the Euro survive?

Possible I suppose. Nobody knows for sure what will happen of course, but bulls just aren't willing to pay higher prices at the moment. I hope for you guys that are long, that will change soon, but as it stands, I'd think a sharp down move is more ...

EURUSD

Heading to 1.35 unless Draghi changes his mind

EURUSD

The bulls have still not stepped up yet, and retail is still going long and there are stops around 1.36

EURUSD

Have you elected a woman yet?

Can the Euro survive?

You are calling a buyer someone who has actually bought. And so yes there need to be exactly the same number of contracts bought as sold. That's clear. However a buyer can be considered someone who wishes to transact (buy) at a particular level. ...

Do you believe this market is random?

In my opinion, people complaining about the stop loss for their losses is equivalent to someone who has been in a car accident complaining that the seat belt gives them whiplash. I've said it before but will say again, the stop loss is not the ...

Trading Without a StopLoss

There's also only one Zamfir, and only one Suprasense. There are lots of successful traders and there are lots of algos in the markets. Some of them are just executing orders, but some of these algos are very profitable, trading multiple times a ...

Do you believe this market is random?

What kind of proof are you looking for. Do some research into various successful traders and hedge funds that have had great returns over many years, George Soros for example and others. If they have had such returns over such a long time, it ...

Do you believe this market is random?

Such a good post, it's worth posting twice But seriously, I agree with what you have said. Capitalisation is massively important. The person trading with a few thousand, hoping to turn it into millions is not only extremely unlikely to do that ...

Is anyone here an institutional trader?

Well the reason I asked for a chart was to see what sort of movement you're referring to. For instance, is it possible what you have seen is an institution defending a large option position? In terms of the effect running into the next day, well if ...

Do you believe this market is random?

Take both signals.

Do you believe this market is random?

Do you have a chart of what you're referring to? Depending on what you're trying to accomplish, it may be advantageous to trade in less liquid times. Banks do have better information and tools for forex than most retail traders.

Do you believe this market is random?

Good post. I think retail traders seem to think that most bank traders are making directional bets and prop trading. But it simply isn't true. There are lots of traders doing hedging jobs, execution, and a heck of a lot are just basically a ...

Is anyone here an institutional trader?