Same chart 5 min later :X looks like we gonna see 218 again.

EURUSD

Got short orders waiting at 1.122.... if we break 222 region... down the hatch we go. still more inclined to the downside unless we break the upper trendline on the 15m

EURUSD

... i don't really like posting charts but this is as clear as it gets. good R:R trade for everyone to take.. play the bounces, wait for breakout.

EURUSD

Panning out alot faster than i expected.... I don't like fast ups or down but rather slow grinds through. Much more consistent with better strength.... On a side note ... only 3 levels today for me for EURUSD 540, 324, 058. Upside still cap by 723, ...

EURUSD

good luck hahaha... at least i know who is earning my hard earned money

EURUSD

target still in play. 638 is on the cards

EURUSD

on a side note, (own personal views, please do not trade off this - just wanted to share) i met some old physical crude traders friends over coffee the other day.. but the general gist i get seems like people are starting to re position for a higher ...

EURUSD

on a better note, look at that V snap on the 1min.. usually when it snaps like that, the rebound is quite sustained... i've got retest and liftoff from 121 ... let's see.

EURUSD

OIS implied suggests Dec but that's fading too... Think DEC will be key given it will set the tone going into 16 where the next would be March... 3 months of rallying (buy in dec,sell in march and go away) hahaha ... I'm personally of the school of ...

EURUSD

Still in play... with new downs. Upside >> 198, 321, 451, 623 Downside >> 157, 105*(edited), 0975, 0723 Good luck all.

EURUSD

key swing points Upside >> 198, 312, 451, 623 Downside>> 040, 0975, 0723. good luck all.

EURUSD

repositioning and wash trades coming in.. someone has a huge order...

EURUSD

retail buys 10, broker needs to sell 10 for client to hedge... broker only sells 5 for client to hedge thereby taking 5 onto their prop book but in theory being "risk neutral to their client" . hope that answers it. book a) Long 10 .. sells 10 book ...

Is anyone here an institutional trader?

started at 18. blew 2 accounts and my savings before completing my degree and trading throughout.. so i'm 26 now if that is considered young.. mid way i suppose... given the lifespan is relatively short

Is anyone here an institutional trader?

unwinding positions.. ah.. i didnt mean spike up due to that... more like it acts as a risk on risk off carry trade .. i.e. i need to unwind my carry trade in times of risk... therefore i need to buy eur, sell dollars to unwind it.. the carry trade ...

EURUSD

couldn't help but burst out laughing at your comment hahaha... now that is aggressive.

EURUSD

carry trade is back on... feels that way especially for risk on risk off... eur is starting to feel like a safe haven currency hahaha..

EURUSD

Lol thanks for the further elaboration.. what i meant to say was that most people don't stick to even 1:1 risk reward ratio whereby they cut their profits too fast and let their losers ride.. i was thinking more simplistically i.e. he wants out of ...

EURUSD

Please go back to demo for your own sake.. i think you really need to grasp what it means to make money in this market... lets say i give you a 60:40 win rate... you win $1 x 60 .. and u lose $2x40.. u still end up as a losing trader... Its about ...

EURUSD

Let me give you an example.. Retail trader buys through his broker 10 lots of EURCHF with stops at 1.20 for example.. Broker goes to instit boys and say, okay i've got 5 lots of EURCHF to sell.. (10 hedge for the retail. he takes 5 lots to buy as ...

Is anyone here an institutional trader?