EURUSD 6E Euro | Currency Futures


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EURUSD 6E Euro

  #2182 (permalink)

the congo
 
Trading Experience: Advanced
Platform: North sea oil rig
Favorite Futures: Cl
 
rassi's Avatar
 
Posts: 916 since Jun 2009
Thanks: 1,478 given, 1,157 received


chr1s View Post
Hi Rassi,

I'm not a swing trader, I just recently switched back to higher time frames. I would like to use fundamentals but it's way over my understanding of the market (anything more than interest rates) - I'm on my way but it will be a long one. As to retail positioning you're completely right, but more often then not retail looses - even if it is 55% of the time I got 5% more chances to have a successful trade and in my head it's all about the odds. May I know what do you use to form an opinion or bias?

Thanks
Chris

sent from phone

hi chris. To me the term smart money seems better which could be pro or retail. Remember most fx trading volume is by banks and is nondirectional in its nature.

personally i like multi tf fractals and price action to base trades from

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