FTSE provided me with the early sell signal for EURUSD, but is turning up again and the 3rd part of the position probably will be closed at BE.

Following the big money

Stop moved to BE. Stocks are heading south supporting my short position.

Following the big money

Position updated. If the price breaks decisively below the 50 EMA I'll move the stop to BE.

Following the big money

Sell below level with offers. Early sell warning from the stocks. 1st part closed at +5p, 2nd part at +10p. Stop left at -5p.

Following the big money

My entry is trickier than the usual trick entry . I watch the quotes when the price is around the support or resistance level.

Following the big money

My entry was at 20 EMA.

Following the big money

Stop moved at -1p

Following the big money

2nd part closed at +6p.

Following the big money

STE off 20 EMA. 1st part closed at +5p, Stop is at -4.4p

Following the big money

STE off 20 EMA. 1st part closed at +6p, 2nd at +10.5p. Last part left with stop at -6p.

Following the big money

STE off 100 EMA as a scalping strategy. Today only London is working and I don't expect big price moves. Initial stop was 3.2p, the profit is 4.2p. A closed the position because the stock index turned lower.

Following the big money

During the last months of 2004 EURUSD was in an uptrend. The intraday moves of this trend followed an almost perfect pattern. Before the London open the currency pair tested a support level which of course held and a move up started. A few minutes ...

Following the big money

william, I know what you mean about the GBP. Sometimes after very good or awful data the cable is aggressively sold or bought and it stretches in one direction creating a bigger long or short position. Out of a sudden a "contrarian" appears in the ...

Following the big money

bapxyz, You made a very good description of the process of turning a trader from fundamentalist to scalper. I talked to many people visiting my training courses or reading my books and I can tell that what you wrote is valid for many of them. ...

Following the big money

The market was less crowded in the years before 2008 and the large specs were not so greedy. The things started to change in during 2006. Strange terms as carry trade and risk appetite became popular and the bubbles popped everywhere. From 2006 to ...

Following the big money

It depends how we define change. Let me give an example with the yen. Japan participates actively in the international trade. The companies are importing raw materials and are exporting finished goods. This means that a lot of the activity in ...

Following the big money

William, I assume that the market conditions are changing constantly and a trader should have not a strategy, but a trading style. My style is to follow the big money. Currency pairs correlation is one of the tools I use and your posts are more than ...

Following the big money

Hi William, A friend of mine is trading with a similar style. This is a kind of statistical arbitrage. He is watching two majors and their cross and when he finds some kind of distortion, opens a position.

Following the big money

STE just above 50 EMA and round number. 1st part closed at +5p, 2nd at +11. Stop is at -6.

Following the big money

Unfortunately I had to visit my dentist this morning and I couldn't watch the market. King Singh, you are right about my name. How exactly yo determine your entry point? William, your trading style is very interesting. Could you try to explain it. ...

Following the big money