It doesn't happen often. If the spread is above 1.5p I take only very good trades. This means that I should buy off a very strong support level where for example EMA, trend line, previous hi low, fib intersect. Also the position must have very good ...

Following the big money

The stop was hit.

Following the big money

The spread depends on the liquidity. If it is below 1.5 pips I don't take it into account.

Following the big money

The first time I moved the stop when the high from 10:03 (7:03 GMT) was broken below the low of 10:36.

Following the big money

It's the same principle.

Following the big money

When I'm long I move the stop below swing low when a swing high is broken. The opposite is valid for short positions.

Following the big money

It depends on the market. If it is trending big moves are seen more often. The market is choppy for the last few weeks. The best position management strategy is to divide it in 3 parts and close them separately.

Following the big money

Stop moved at +7p.

Following the big money

Stop moved at +2p.

Following the big money

If EURUSD breaks above 85 I'll move the stop to +1.

Following the big money

Choppy market this morning. EURUSD lagged behind FTSE and this created buying opportunity near the previous low. 1st part at +5p, 2nd at +9p, last part with -5p stop.

Following the big money

Cable is not good for trading for weeks. I suppose this will not change until BoE signals the first rate hike.

Following the big money

It's a long story but I'll try to make it short. I close the 1st part for 5-6 pips profit to cover any potential loss from the 3rd part. The 2nd part is usually closed for 10-15 pips profit. The purpose of the last part is to catch a bigger price ...

Following the big money

3rd part stopped at -5p.

Following the big money

Back from my vacation. STE at 50 EMA. 1st part closed at +6p, 2nf at +10p. Stop at -5p.

Following the big money

Thank you!

Following the big money

I can't see a good entry this morning so far. I'm going on vacation tomorrow and I'll not trade and write for a week.

Following the big money

I can't clear the background noise of the audio. Any ideas?

Following the big money

I've missed this one also but it is very interesting and I'l post it. Asians tried to push EURUSD up but with no great success. After the worse than expected ZEW data Euro was sold, but the 15M charts is still bullish. A good buying point was 100 ...

Following the big money

The best entry is at 50 EMA after cross with 20 EMA on 1M chart. The best time is in the hour before London opens. Many times you will be in the same boat with the big money much earlier than the others.

Following the big money