I meant to say, Institutional Bank Style Trading. Balance Point Trading is how the banking institutions and large retail investors make their money.
Now, you might ask how do I know..lol Good question and the answer is, I don't know for sure since I have never worked for a bank, nor looked over the shoulders of a large retail investor like Warren Buffet or Bill Gates. However, from what I have read in books and magazine articles these individuals invest their dollars (which includes forex investments) based on a medium to long term value system.
One article I read stated that the big banks and large retail investors when considering a trade in forex, won't invest in a currency move for anything less than 100 pips. And that their stop-losses can be as large as 300 to 750 pips per trade.
Interesting, huh...
Titan