Community Blog

Filtered by tags:  Smart Money
Avatar

Smart Money Divergence

This is just a small preview from my latest article, if you wish to read the entire article please follow the link: Smart Money Divergence
Since we already outlined the core principles of SM divergence it's time to look at the most recent price action and look at:
  • Who is behind the market moves;
  • How to use USDX to qualify setups;
Read full story
Translate to English Show original
orto leave comments
Avatar

Symmetry of EURUSD

EURUSD has been moving unpredictably during the Grexit Crisis. It may look as through the pair is making random price movement but a closer look shows that there is symmetry in this pair’s movement.
The wide fluctuations in this pair started during the beginning of Grexit crisis at the end of February. Based on the charts, I’m using 25th February as the starting line. The price dropped sharply to 1.05 range before moving up again to reach 1.14 range within the five months of crisis.
I have det…
Read full story
Translate to English Show original
orto leave comments
Avatar

SFXTrader was enhanced by new and great feature!

Dear Traders!
SFXTrader was enhanced by new and great feature! New feature is called ‘Chart Trader’. It allows sending market and limit orders directly from the chart. It preserves the ability of precise definition of the risk but a trader does not have to fill in any forms. The SL and TP are defined by two clicks on the chart.
How to send market order?
  1. On the chart widget press “Market” button.
Read full story
Translate to English Show original
orto leave comments
Avatar

Today's Price Action

Despite no major news even today, we have seen whipsaw price action on lots of forex pairs taking out stop loss on both sides, which is very common practice amongst smart money in time of low liquidity, as it is easier for them to create volatile price action, as the quantity of orders on the opposite side is thin, hence it is an ideal situation to create such volatile price movement.
Many retail traders would be looking at price chart now and would be upset and thinking, as to how they missed t
Read full story
Translate to English Show original
agddivisas avatar
agddivisas 28 Dec.

"Day's like these test the patience and discipline of a trader" ... very real!!!

alifari avatar
alifari 29 Dec.

One thing traders tend to forget is that markets will be there tomorrow and day after and after and there are going to by lot of opportunities too, so if you miss a move don't bang your head and get upset and take a crap setup just because you don't want to be in the market.

orto leave comments