i refered to the lets say first 60 second after the announcement hitted the market...i dont have a 1min chart at hand, but i would guess, that 99% of the drop we see on the 1hour chart occured in the first minute after the announcement...later on ...

Is anyone here an institutional trader?

Steamer, the first one is the SNB (you can say, that about 1 nanosecond after the news hits the market all available liquidity was gone) and the second is just the FOMC Meeting Minutes (stops above and below are cleared out)...

Is anyone here an institutional trader?

yeah remember Them....great sound video

Is anyone here an institutional trader?

Hi skenobi, on a more practical level i understand this the way that bigger players always look out to try and create a run to override the other side untill they puke out. As a banktrader, have you joined this sort of runs and how did you spoted or ...

Is anyone here an institutional trader?

Hi skenobi, i have a question regarding „risk acceptance“ (which is according to mark douglas the core of every retail trader psychological problems). I mean, do you feel risk different now as a retail trader? As I got it, risk acceptance is not an ...

Is anyone here an institutional trader?

yeah, he passed away...but speaking of colour, i guess a big problem is that retail taders never really come to see the "market" like it is like you did, all they ever see is a pricechart (and some derivatives), esp in forex. I dont want to promote ...

Is anyone here an institutional trader?

@skenobi, jacobfordfx and others thx a lot, this is just a priceless thread. skenobi, you are sort of a mental dead ringer for mark douglas and his famous quote: you dont need to know what is going to happen next in order to make money. (now i can ...

Is anyone here an institutional trader?

i recall linda raschke saying, that you should treat each timeframe as a separate market...basically a timeframe determines your risk and profit target that you play for in my eyes

Which advise is correct?

sorry, but i really dont use any sort of TLs...i cant help you with that, i just dont "believe" in TLs..

Price Action

yeah, well...to be honest, i never got the "edge" thing...can anybody give me an example of an "edge" ? and i dont mean "superior knowledge of what is going on"...a real edge...please point me to it...all i know is, if my trading is runnig well, i ...

Why do 99% of the people who wants to be traders fail?

classical ryan jones sort of MM is purely quantitative and cannot help you with this...this is a "qualitative" problem wheter you should bet bigger when the market presents certain "opportunities" (which it does from time to time) or not...all you ...

Discretionary money management?

heres a pic of 2 trades today...first one was to late (and morebased on the double top)....second trade was also late...i had some lmt sell order on the BB zone, but got no fill

Scalping Method for EURO and YEN

of course, there are conditions, when this method is NOT working....the most important are breakouts...if you have a breakout of a consolidation pattern, you have to let the market make 3 pushes to the up- or downside FIRST...you can take the signal ...

Scalping Method for EURO and YEN

heres a chart from today 9th oct.... the possible signal on usdyen are market red...i made 2 trades and took a tiny profit (i came in a bit late today ) second is eurusd...i traded in and out in the 20-25 zone....price moved between the 50,2 band ...

Scalping Method for EURO and YEN

longerterm perspective...broke out of the wedge and bounced two times form the upper wedge TL recently...in combination with a - possiblly - failed bear flag...key price level is 10550, this should act as support and should attract buyers...of ...

USDCAD trend reversal?

faith, i think, it all starts with your goal...what do you want to achieve ? second...what EXACTLY do you want to do ? what market conditions, setup, price action patterns, time-of-day charateristics, market dynamics etc do you want to exploit ? if ...

Please suggest a simple & effective Method/System of "Trading System" Forum to...

mukul, i see...anyway, to be honest, im more into some sort of hit-and-run trading style...couldnt resist and scalped the washout a little bit..

USDCAD trend reversal?

hell, what a washout...somebody seems to have bought up the last cads available at noon...must have been urgent

USDCAD trend reversal?

this is plain chop..no action required..

USDCAD trend reversal?