Monroe, probably our conversation went the wrong way which is not good for anybody. I'm sure we both have so much to say about the forex market, but I really have to write a new book if I have to explain why the trading is different than before and ...

Following the big money

I have three books and I talked to a lot of traders. Some were critical, some were telling me that I've done a good job. Trust me, I know almost all the types of reactions people may express to someone's work. No matter if it is a book, trading ...

Following the big money

That is absolutely right. I'm not a guru and I'm not here to find followers for my cult. I also don't like such threads. I'm just sharing my opinion based on my trading experience. The market is always changing and that is why everybody has to do ...

Following the big money

New position at 1.4651. First part closed at + 7.5 pips. Stop for the rest is still at -5.5 pips.

Following the big money

We live in a free world. I have opinion and I express it in this forum. If you like it, you can read it. If you don't, just skip it.

Following the big money

A friend of mine is trading almost exactly the same strategy. The correlation between the stock indices is very strong.

Following the big money

I base my opinion on my experience. I told you that this topic can't be explained with a few posts. Are you trading the same strategy without any change of the rules for the last 10 years? I don't.

Following the big money

What exactly doesn't make sense for you? Do you think that all the market players are equal? Are you sure that if a big elephant enters your house nothing will change? I don't think so. I can explain exactly what I mean but it is impossible with a ...

Following the big money

This is not just a few more bucks in the market. New players have new rules. I'm trading forex for 12 years and I can tell you that the market is always changing. This is my opinion.

Following the big money

Stop @ BE after the break above the previous swing hi.

Following the big money

2nd part of the position closed at +6p, stop moved at -4.5p.

Following the big money

They are active in EURUSD but theirs share of the market is much smaller than in AUDUSD and NZDUSD. The forex market had daily volume 1.3-5 trln. about 10 years ago. Now it is 4 trln. per day. A lot of new big market players entered the market. This ...

Following the big money

STE just below 50 EMA. 1st part closed at +5p.

Following the big money

I use aud to filter eur entries and exits.

Following the big money

You are right that they are active in almost every currency pair, but the liquidity in EURUSD is much larger. The forex market is different in the last few months.

Following the big money

I don't like aussie and kiwi. The liquidity is much lower than in EURUSD and the commodities currencies are one of the favorite for Asian sovereigns and other large funds. I don't like such "competition". They can add to long or short positions ...

Following the big money

I see what you mean William. Currency pairs correlation is a great tool. It is not like it used to be but it's still useful.

Following the big money

40+ pips at least. I prefer to fade a small break of the support if the trend on daily chart is up. Sometimes I can buy the low of the day.

Following the big money

If the Asian range is wide enough you can buy the support and sell the resistance. Usually it is not and I prefer at least small breakout just before or after the London open.

Following the big money

It is 11:15 London time but EURUSD couldn't break decisively the Asian range.

Following the big money