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EURUSD: Short Term levels. Support to watch 1.2805/10 - 1.2755 - 1.2665 Resistance: 1.2940/60 - 1.3000/35 To relieve the bearish pressure, we would need to go back above 1.2940/60 to test the more important 1.3000/35. Until then SELL rally ( ideally) with a S/L 1.2975 or 1.3055 Week End News...

That is fine of you are trading one pair. If you trade a basket then you have to take into consideration correlation, diversification, portfolio heat etc....

Can you elaborate about exactly what you are looking for?

I got the research from the top 15 banks. Mainly written by economist or sales guys, sometimes by spot desk themselves. Got the information about bank flows and market orders. The market is so fragmented that knowing the flows or orders from one of few banks can be double sword kind of...

I think it would be easier to focus on your risk, portfolio heat, diversification, correlation etc... that s where you might build up an edge. Trying to get an edge out of your indicators wont work.

Oanda has a very good/tight spread all around.

it seems to me all discretionary... nothing to do with systematic.... waves are very subjective as shown on your PDF format.

indeed very liquid in the G10 currencies.

We used to have a customer at the bank using that kind of strategy.. Very tight target and let the market goes against him.... He made money for about 4 years mainly in the carry trade pairs. In 2008 and the Lehman problem.... He did the same thing.... It will come back... Now he still...

You could have a look at the turtle system... It was used in the eighties.. It will give you the basic idea how it worked. You can find it free on PDF if you google it.

CFA will be good for investment and analyst job.. will not help you to be becoming a successful trader at all...

I hired few traders in my life.. and all came through recommendations. That s usually how it works in the banking world.

IN FX: You can manage money up to 15 investors without any registration if I remember correctly. The cost of managing a fund in an offshore location in Europe was (about 2 months ago) about 10/15000 US$ per month. That was covering the cost of Admin,Lawyers, Accounting etc.... If you...

Don t look at intraday trading.... even the interbank trader are not making alot of money... unless they have orders in the back and customers flow.... I spent 21 years in banks, trading as a market maker and prop trader..I can assure you.. alot of them are not making alot of money....on...

I just keep busy with other things.... Went back to school to learn programming on a part time basis.....thinking it will help me to be less dependant. After that I am planning to take some lessons to be a skipper.... I went back to the gym on daily basis. Something I have not done for...

:p so you ve seen a guy hitting EBS 25000 times during the day.....with no much thinking....!:p :p

If you want to be taken seriously... A track record audited is the best solution. For systematic about 6 months would do it... for discretionary a lot longer... The longer the better. But to be honest with you. The best return do not have the biggest account...You will fund with average...

Have you taken in account the slippage.... with such a big amount of trade?

Stops are helping me to preserve my capital and to me it s one of the most important things. At least it is something I can control easily. And from my test the quickest I take my loss the better result I have. I am only right about 40/45% of the time but once I catcha trend then I manage to...

I never average down. I always add to positions once they are winning.... you can add as much as you want decrease the size or increase whatever your strategy tell you to do. Usually a good position is right almost straight away.. the ones which takes time to move in positive territory...