RIP again And they ask why I only consider at least 5 days+ with volatility and 2 weeks+ without, "short term". (I really shouldn't be monitoring this sh*t tick by tick, especially as I've still got 2 weeks till it plays out)

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RIP day traders.

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I don't really mind. Like I said, I trade with a prime of prime and direct access to liquidity. I need muppets to give me that liquidity because we all know what happens when it is thin

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Oh, and for those who want to trade "like a bank" or trade "at bank levels" ... IB's objective isn't to trade to make money (EDIT) from taking positions. Their job is to take the opposite position of large specs to provide liquidity ...

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Ha, it was some numpty at Goldman and now every floor in London uses it. I was just referring to all the comments that were certain gains would be capped at 1250 and ridiculed any other opinion its burst 1250 and we haven't even had ...

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RIP muppet money who day trade and went short.

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image In case anybody was wondering what the trade is... Direction of trade is without a doubt, long (unless someone takes a big shit, and that someone is either CBs). Technically, it could be anything; held and respected fibo, verified S/D level, ...

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Mate, I've got nothing to prove. I'm just giving institutional insight to people here because nobody seems to be trading with large spec order flow. I really don't give two shits if people ignore it because my P&L speaks for itself. What I find ...

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Never hear of this bald man, but that's not how I use fundamentals. And why you so mad, kid? You got something to prove? And "trading bank levels"? You ever work in an IB function at a BB before mate? Ever heard of a negative selection ...

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My first buy was completely blind and based on large spec positioning, and my (correct) assumption of a contracting economy. The latter I knew would lead to a rate cut, which the Fed have been resisting as they have been hiking forever. After Powell ...

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I'm still holding from last week. I'll add to my position if I get a cheaper price than 1.1200

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Nobody knows where they got in, but a shit load of them did since last month. My entry was 1.1200 on a technical basis, but you might be able to get it cheaper

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FX futures mirrors spot FX more often than not, and because futures contracts are exchange traded, they are reportable so I say this based on actual tangible figures, not based on retail client order book sentiment. Yes, technically it's still ...

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Wrong. EURUSD has already priced in the ECB cutting rates in July, in June whilst pricing in a no cut from the Fed. We got the lows of 1.200 from that. I'm not saying that it won't go lower, but I'm saying long is the only way to go. Long isn't the ...

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For those still with a long position, this is what a pain trade looks like and where your investment into self and trading psychology pays for itself. We know that the ECB rate cut is already priced into the markets. We know that the Fed rate cut is ...

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For someone who got on the train so late, that is a fantastic price and entry. Enjoy the pain train until the end of the month. Although your 20 pips stop may give you problems later this week.

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You can't say when the long will come... You buy when the price is right for you. If you've missed the boat at 1.1200 like most people on this thread, your best bet is a technical entry on a fib level or a S/D level on a pullback. I suggested there ...

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How much leverage are you using? Surely you can't be making much money from a 0.04% change... And that's if you had a crystal ball and cherry picked the exact high to short? Unless you're using 3 figured leverage... Which against the money flow, I ...

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It was way too expensive... And you shouldn't have placed a SL because there'll be loads of stop hunting in times of low volatility. The only way in which a long EURUSD will play out is a Fed cut. Everything before that is noise and institutions ...

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