The real reason for the extreme tough trading in the FX?

Discussion in 'Forex' started by livermoreorless, Jun 18, 2009.

  1. amtrak

    amtrak

    Thanks kxvid!
    Even after slowing down to 4-hr bars, I knew I had been trying to trade NOISE but I didn't know why.
     
    #21     Jun 23, 2009
  2. moarla

    moarla



    this is the 1.post: he doesnt ask about leverage; everyone knows how that works.
    He speaks about volatility and that you can make more money on EURUSD WITH THE SAME STARTING AMOUNT OF MONEY then on ES ;
    simply because there are more swings during the day (or moves or cycles or whatever you call them)

    that sayed, i speak only about EURUSD (or the EUR future) making the 500 pips, and yes, you have to catch most moves :)
     
    #22     Jun 24, 2009
  3. moarla

    moarla

    startetd 45 min ago on EUR:

    70 ticks for now....

    so now i have left 13hrs and 15 min for the last 430 ticks


    thats about 30 ticks/hr...

    should be possible


    :))
     
    #23     Jun 24, 2009
  4. 4XQs

    4XQs

    ScapGF, without commenting on whether it's "easy" or "hard" to trade FX, watch EUR/USD during the day and observe:

    Up 10 pips, down 20, up 10 pips, down 20, up 10, down 10, up 30, down 10, up 40, down 10, up 10, down 10... and so on. If you're looking at 30 min bars then yes the movement isn't there but if you're a scalper looking at tick charts - well, there's easily 500 pips movement.

    Now, whether it's easy or not to capture parts of the movement is a whole other matter.
     
    #24     Jun 24, 2009
  5. moarla

    moarla

    right...
    i use as my main chart the 700 Volume chart on the EUR
    entrys and exits on the 234 Volume chart

    works nice most of the time
     
    #25     Jun 24, 2009
  6. moarla

    moarla

    now is 11.30 here in europe

    trading only big moves, 180 ticks for now
    trading smaller moves more :)
    and the real moving market on EUR starts with the US opening...
     
    #26     Jun 24, 2009
  7. moarla

    moarla

    12.00:
    Now at least 200 ticks, and still 10 hrs trading left

    :))))
     
    #27     Jun 24, 2009
  8. I also think that the fx brokers are fighting with central banks for profit?

    Someone pls correct me if i am wrong
     
    #28     Jun 24, 2009
  9. aceholic

    aceholic

    Central banks aren't out looking for profit. My understanding is that they are often the biggest givers of profit.
     
    #29     Jun 24, 2009
  10. moarla

    moarla

    near 400 ticks .-))))
     
    #30     Jun 24, 2009