5% a Month - How To

EmeraldEyes · February 15, 2025, 11:10am

Full Transparent Account:
FF Trade Explorer
MyFXBook Live Portfolio

This thread is to show how to profit ~5%/month as a FX Market Maker. DM with questions. Try to keep this Journal thread clear and simple.

This is not a common trading style. No charts are needed.

A market maker will take on risk when there is a sudden demand for liquidity and prices are discounted to entice them to take the trade. Prices are always efficient when spreads are tight. These discounts are usually very small - less than 2 pips. Enough for them to start a position.

Rules:
•Trade the most liquid FX major pairs only.
•Only trade in the direction of + Swap rate.
•Only trade when there is an imbalance of orders.
•25-50 pip TP or Add more at next Imbalance level. Size of Add will depend on distance by discretion. Luckily our size is not dependent on liquidity to exit a position.

Directional trades available (Direction of Swap):
#1 Eur/Usd SHORT
#2 Usd/Jpy LONG
#3 Gbp/Usd LONG & SHORT
#4 Aud/Usd SHORT
#5 Usd/Cad LONG

For introduction, I’ll use the Eur/Usd retail order book to show order imbalances. Using Oanda’s book so everyone can see. Oanda’s is very close to the overall retail market.
Link: Oanda Retail Open Orders

Only looking at levels to enter short above current price. No need to look at Buy orders below price, or Sell orders.
Current Eur/Usd short entries are 1.0550, 1.0600, & 1.0700.

I will link a $1,000 live acct on MyFXBook or TradeExplorer this weekend. I plan to show this Live for 1 year as a side project. Please DM with any questions as to keep this thread on topic of consistent profitability.

Franca_Bridge · February 15, 2025, 11:41am

No questions (yet) but thanks for starting such a promising Journal, and good luck. You have at least one interested reader, here.

pink_hat_trader · February 15, 2025, 12:38pm

More than one.

EmeraldEyes · February 15, 2025, 3:57pm

Here’s some quick analysis on the remaining pairs. EurUsd & GbpUsd look to be the most definitive levels. Those will be used as the primary securities to trade. UsdJpy & UsdCad look skewed due to Oanda customers entering false orders and throwing off the scale.

MattyMoney · February 15, 2025, 4:27pm

Following. Good luck!

EmeraldEyes · February 18, 2025, 11:46am

Decided to expand to some minor pairs due to the pip distance in the majors. Below are the pairs with order levels.
Trade direction is dictated by swap rate.
Order levels have been confirmed with retail stop order blocks.

Created MyFXBook to follow: My FX Book Portfolio

Orders will be removed once a position is taken, depending on the pair. Ie: EurJpy Long is executed, the GbpJpy Long order will be removed to prevent capital allocation in to correlated pairs.

TheodoreThring · February 18, 2025, 2:45pm

Same.

I know you don’t want the thread cluttering up with junk, Ryan, but (especially at the start) many of us will want to thank you for doing this, and wish you well with it. So you’ll just have to tolerate that!