Search results

I can work out the direction of current/future trend on FX market nearly perfectly ... but that's still not good enough if I can't find the optimal entry...my loss now comes from the stop loss that I set. Now I am trying hard to find optimal entry/exit ...I don't like bearing too much risk even...

maybe he has longed forward contract to payback his loan payment to a Japanese bank/ or has accountable payable to a japanese firm...then at least $0.2 Million is hedged

I think he has carried out some research and that's why his trading is based on bid/ask prices. Using US futures market intraday data from 1996 to 2015, I am currently doing research on buy-sell imbalance on ending price e.g. X.01 to X.09. I see significant buysell imbalance results at some...

Yes and no; yes, information/news provide good volatility and highly important news change the direction of a trend. But pure fundamental analysts cannot survive in the market for long cos they don't have skills to find optimal entry /exit., and a lot of them do not have the knowledge of risk...

Your argument is quite abstract. You can't interpret information unless you know TA and price action.

I don't trade yen cos their volatility is too small for a small trader like me but looking at the chart, prices will likely to come back to 108 today and then 109.5 (or around) is as far as it will appreciate, so I agree with ETcallhome...

clearly there is a strong bearish sentiment today on GBPUSD...lower high during London session is where I will initiate my short position.

I don't include the Globex high/low...basically, my strategy is based on price action; or if you are a pattern seeker, then you can call it head and shoulder patterns or V patterns; I find that the price action very reliable than any other strategies. I do incorporate the risk management into my...

I have only traded on FX market so I don't know about other markets. As far as successful trading is concerned on FX market, academia have found that highest volumes are clustered at the tail - daily high & daily low. Any traders who don't know about this bound to lose their money.

Yahoo has not bought Snapchat at 20 billion yet. Once, Yahoo buys Snapchat and then Twitter buys Yahoo at 50 billion then it will generate some synergy that might create some exceptional value to Twitter.

I tend to ignore news unless they're very important news like employment, consumer index that are regarded highly important

A setup at the daily low and daily high; compare higher (lower) low and higher (lower) high with previous day(s) to identify the market sentiment; patience until prices reach daily low and daily high

I hate the spike too. So I have found a way to prevent getting loss from spike. In 1 minute interval, when you observe price stops depreciation in downtrend and volume increases with upbar or if you see hammer then it indicates spike will come. Vice versa in uptrend...

Just wonder...do you work for a fund? your question suggests me that you're in financial industry

Too cheap given whatever fundamental info out there...has hit the bottom, now GBPUSD is going up for this week! Hopefully, within next 2 to 3 hours, it appreciates.

Looking at the daily chart, GBPUSD will likely to appreciate from today; 1.44580 today's low can be the bottom price.

shoulder , head (in15 m) ...if another shoulder forms I will take a short position ...

GBPUSD will continue depreciation and might appreciate as pullback at times

It will likely to continue it's depreciation initially today (during London session) ...but later , there is a chance that it will start to appreciate, and then tomorrow, the bullish sentiment will enter

$3000 is enough as long as you have required skills... it has to be minimum 1 year with demo, and this is also a good time to study the price action and other technical tools; then followed by real account - with which you will find out the difference between real and demo - and the difference...