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This EurChf is going well so far now at 1.2112 and chances are it could become a core position.

Now against me at 77.48 and no significant buyers looming. Is this conflicting with my plan: not really, my level was taken from the previous low which was the last stealth intervention during NFP release (first june). The only concern is that it has been filled too early in the day, drying up...

Pre-Fomc game: Market has front run the German court outcome and the QE announcement, tho the latter not fully. Problem is, the market since yesterday PM GMT, is in need of liquidity to finance the anticipated rally. It's searching it south of risk by fading some levels with the help of...

Tactical trade: Target hit @ 0.9770

USDJPY long @ 77.65Order triggered ahead of FOMCstaement. Let's see how it unfolds.

ES_F Pending long at @ 1421.50. Why: 1: I don't think we will have a QE tomorrow and since the market is front running a possible QE, probabilities are high that ES will get that low after the release. 2: After digesting the no QE outcome, elements for further easing added to some bond...

An example of my last tactical trade during pre-OMFC outcome posted yesterday on my twitter list: "#UsdCad way too short to sustain a QE , 0.9720 look like a nice place to reverse for liquidity near 0.9800 (target)#forex" I would have preferred to say :to sustain QE or to front run it, (140...

I have a long pending on UJ @ 77.65 Why: 1:I am trying to start a swing position on this pair from that level because every BOJ stealth intervention was followed by a nice leg mainly driven by its (boj) jawboning. 2:I think in case of QE, BOJ will support a cheap Yen as usual. Other...

My tactical trades are not based on adding to core positions, though they can. I base these on news releases and market dynamics (news trading is part of the tactical trades). Although I don't often use Tactical trades since I need time to manage my core positions and stay informed, they allow...

I don't have any core position running cos was off the 2 previous months and have closed everything before that break. I am slowly digesting what's going on and will have a clear idea about it by the end of this week. Plus the FOMC meeting and the German court decision are too important to...

Hi everyone, I am going to post here my trades with some comments. I am not willing to write pages about the way I trade but simply tell on what, in my view, the trade is based on. This thread is not a signal provider and those who use it as such do so at their own risk. Keep in mind that some...

This is foex oriented: I do think the OMT will attenuate the asymmetry between core and periph. states, it won't help corporates asymmetry in credit yields tho. Only a weaker Euro can. I am waiting for the post-Draghi range to establish its upper boundary to fade from. On the other hand EurChf...

2% a day? every day? Does it mean (with closed days) let's say 500% a year? every year? Does it mean those 64% people voting yes can turn 1 million dollar in 3225 millions in five years? How much in ten years? Saying that here we of Elitetrader are somewhat a representative sample of all the...

I didn't understand at fist you were questioning about brockerage risk. You are absolutely right, and there is not much solutions to avoid that . If you're highly funded (more than 1M) you can go through a bank directly connected to the interbank rates. Else you can choose a big ecn and see...

Forex is an OTC market like some forwards market, but clearing is not needed. When you're long you buy a currency and sell automatically in the same trade the antagonist one (like spreading futures), we can say for example you're long on EUR versus USD (it's known as pair and quoted by the...

Thank you guys, these answers are cristal clear. Thanks again.

No breakEven and no take profit, just a following stop(exit) based on average true range when trending market. TP, BE, and tight step stop when scalping ranging market because,in a too noisy chart, your trade is based on P/L. In this case BE is a savior, cos you pull the trigger, you lock at BE...

I'am newb in the futures world coming from forex. There is one thing i don't understand concerning the futures trading. THE QUOTED PRICE!!! (sorry to be to newb). Is there a bid and ask ? If it is the case is this quote is the underlying, or the contract itself. I mean with options you...

There is a demo provided by IB, with fake quotes. Use the FX module. Very heavy and very professional platform but with poor charting (fxcm charting is poor too).

dont know if it is an ECN model but they do charge a comission if i understand well. From their site: .... with a flat commission rate of $25 per million traded, regardless of currency pair... Any way do we have any posts or feedback concerning them (no finds with search).