Community Blog
Looking to continue trading when Markets open
When markets open tonight I will be opening my positions again
My positions were closed on Friday evening due to leverage requirements
I was long GbpUsd frpm lows, and had opened AudUsd and NzdUsd longs,
as they seem to have stalled around retracement levels for now
I expect all three pairs to move higher, so I will be opening these longs again
My positions were closed on Friday evening due to leverage requirements
I was long GbpUsd frpm lows, and had opened AudUsd and NzdUsd longs,
as they seem to have stalled around retracement levels for now
I expect all three pairs to move higher, so I will be opening these longs again
Closed two positions and held one
I closed two of my three positions yesterday
As we were heading into the weekend, and weekend leverage
I had to close at least one of my positions
I was short GbpUsd, EurAud and EurNzd
I decided to keep my EurNzd short open through the weekend
Nzd is quite low at the moment, and may go up again
while Eur is at resistance levels and should go down again
As we were heading into the weekend, and weekend leverage
I had to close at least one of my positions
I was short GbpUsd, EurAud and EurNzd
I decided to keep my EurNzd short open through the weekend
Nzd is quite low at the moment, and may go up again
while Eur is at resistance levels and should go down again
Which is the Trader's Drug of Choice.. Uppers?? Downers?? FEEL THE RUSH!!
Why do we trade? FEEL THE RUSH ???
BECAUSE We like to make money?
BECAUSE We like to beat the market?
BECAUSE We like to play in the biggest economic arena in the world?
BECAUSE { ??? ??? } >>>
Is anashape about to enter a trade?Is anashape in the middle of a trade?
Is anashape about to exit a trade?
FROM HER EXPRESSION DID SHE WIN LOOSE OR DRAW?
JUST GOT PAID!
I was going to insert DON'T LET IT GET YOU DOWN but thought who would trade after listening to it.We trade because we like the action.…
BECAUSE We like to make money?
BECAUSE We like to beat the market?
BECAUSE We like to play in the biggest economic arena in the world?
BECAUSE { ??? ??? } >>>
Is anashape about to enter a trade?Is anashape in the middle of a trade?
Is anashape about to exit a trade?
FROM HER EXPRESSION DID SHE WIN LOOSE OR DRAW?
JUST GOT PAID!
I was going to insert DON'T LET IT GET YOU DOWN but thought who would trade after listening to it.We trade because we like the action.…
GBPJPY
Money control is the most importMoney control is the most important thing.
As I have shown above, purchases must be made gradually.
Position must not be entered with full power.
Always be in control.
Good luck
EURUsd up at market close yesterday
I was long EurUsd yesterday from around 1.0550
Unfortunately for me I forgot to check at weekend close
I was stopped out of my positions EurUsd long and EurChf long
just before they went up sharply before market close - a bit unlucky there
On the up side I was right about the monthly support level around 1.05
I will be returning to long Eur positions next week
Have a great weekend all
Unfortunately for me I forgot to check at weekend close
I was stopped out of my positions EurUsd long and EurChf long
just before they went up sharply before market close - a bit unlucky there
On the up side I was right about the monthly support level around 1.05
I will be returning to long Eur positions next week
Have a great weekend all
Weekly review
My plan for this week was to follow through from previous week's recovery to 70K and hit at least 230K needed for the top 20. Trades were based on USD pullback (EUR/USD, GBP/USD and NZD/USD longs). Everything was unfolding as expected in the beginning of the week and I managed to get to 160K, but then solid US CPI report stalled the pullback. I made some unplanned reactive trades after that and was soon back to sub 100K, which I depleted further by over-leveraging.
More luck next month for me I …
More luck next month for me I …
Black Swan Event Armageddon Style.
In my second blog post of the year I was arguing and making the point of higher market volatility in the year ahead, you can find more about it here: 2015 A Year of Higher Volatility
Did I ever foreseen the level of current madness in the market? By no means NO.
Having said that there where some clues of what is to come as everything was pointing towards ECB aggressive easing measures to be implemented at beginning of the year, and now with EU lawyer approving ECB bond-buying programme as bein…
EUR/CHF WILL BE UP IN 2014
I have some reasons to believe that going long on EUR/CHF is a very good Idea in the long term (above 3 months).
Take a look at them, and lets have a green full discussion .
1) The stress in the euro area is fading away, slowly but steadily
as said by Societe Generale
…
Take a look at them, and lets have a green full discussion .
1) The stress in the euro area is fading away, slowly but steadily
Systemic risk has faded in the euro zone, and further progress will be made to tackle the solvency issues of euro zone countries, the Swiss franc should lose its appeal as an alternative investment,
as said by Societe Generale
…
What is the IDEAL TRADE SIZE??
Hello All!
Today, I am little confused. I wonder if you (much more experienced) guys can help me and many other like myself out there.
We all have been allotted 100 K capital? Now how much of this 100 K would be IDEAL to put on the trade at any given time?
My Answer is ALL - Because I guess I am looking at this capital as a portion given to me to play with - Completely. Where as if i was a retail trader, then it would be advisable to have only 2-4 % of my capital exposure.
What do you guys sa…
Today, I am little confused. I wonder if you (much more experienced) guys can help me and many other like myself out there.
We all have been allotted 100 K capital? Now how much of this 100 K would be IDEAL to put on the trade at any given time?
My Answer is ALL - Because I guess I am looking at this capital as a portion given to me to play with - Completely. Where as if i was a retail trader, then it would be advisable to have only 2-4 % of my capital exposure.
What do you guys sa…