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Blog

monexx's Blog

monexx's Blog

Maximal drawdown

monexx Veröffentlicht 7 July in #Trader's blog

Hello traders,
Last month ended disastrously for me. I risked enough, because with caution it could not win the competition. This month has finally started to take into account the maximum drawdown. Had I known before, I would have made my still cautious style. Now I return to my cautious style and I believe that I have a chance for a good result. This month I am trying to reduce the volume of trades and see if it will improve outcomes. Thanks for it to developers of contest...Still need to redu…

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Interesting session

monexx Veröffentlicht 4 June in #Trader's blog

Hi traders,
Yesterday was a very interesting price developments. The first trade long GBPUSD ended on SL.
It already had the account balance only slightly more than 40000 USD. Then came the EURUSD. The first short PT 30 pips. That was before the press conference Draghi. After a press conference long PT 100 pips. I am experiencing stress, or we can get on top of such a large loss. Fortunately, it succeeded ... It is important not to give up and it is also true in life.
Good luck.

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Start of the new month

monexx Veröffentlicht 1 June in #Trader's blog

Hi traders,
The first day of the new month started pretty badly for me. I suffered at short EURUSD at greed. I had set the PT on second support, but then I moved the PT on the third support. If I left it to the second support so I had PT pocket. This is how I ended up on SL. The second store also long EURUSD ended the SL. Usually begins the beginning of the month negative. I hope that now it will gradually evolve positively.
Good luck.

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Last day

monexx Veröffentlicht 29 May in #Trader's blog

Hi traders,
We got the last trading day this month. My first trade early this morning USDJPY me didn't work. I ended up with SL. My second trade USDGBP I finished the TP. I waited until 14:30 for quoting reports from the US, I opened a short AUDUSD and waiting for the result. Reaction after the statement is pretty special kind of lose confidence in my trade but we'll see. I hope that the market will head south ...
We still have latest news at 16.00...
Good luck

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My goal

monexx Veröffentlicht 27 May in #Trader's blog

Hello traders,
Approaching the end of the month and I am glad that I meet while doing my goal.
My goal for this month is to finish in the top twenty. I hope I'm still the last two days will last. While talking about my history that I am gradually improving. I will try to continue to sustain this trend. So far this month I manage to keep the profits by all currency pairs that I trade. While this is my best month. We will see next ...
Good luck to all ...

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Duties at your fingertips

monexx Veröffentlicht 1 May in #Trader's blog

Hello traders,
The first day of the new moon did not start well for me. I correctly guessed morning EURUSD long. Profit target I had set at 1.13 but the price on 1.129 turned down and I think that is starting temporary down trend. They're the worst situation that we have duties at your fingertips but the price turns and we realize a loss.
If I was at the computer so I would SL moved to breakeven but the way I've been away so I realized loss. I hope that the next days will be happier.
Good luck t…

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Obligation

monexx Veröffentlicht 31 Mar. in #Trader's blog

Hi traders,
we have the end of the month and I was unable to get into the top twenty.
I think that every single trade Acquire new skills. Therefore, my goal is to get into the top twenty sliding to the next month. I try to not to do unnecessary mistakes and trade mainly royal currency pair EURUSD.
Most mistakes I made in my mind blackout. I have to trade in cold blood.
I wish you all the luck.

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High volatility

monexx Veröffentlicht 19 Mar. in #Trader's blog

Hi traders,
Yesterday me the tip didn't work at all. I expected market moves after the Fed meeting to the south, but the market went sharply to the north. I think it was an opportunity to open short position for the major players and the market will go back towards parity.
Today I expect quite a high volatility and therefore there will be opportunities but also high risk. Today at 11:30 CET might occur after the ECB statement reflection from some support to the north. Of course, I write about th…

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Downtrend continuing

monexx Veröffentlicht 18 Mar. in #Trader's blog

Hi traders,
Tonight will be a meeting FED.Do then expect the market movement with no clear direction. After the meeting, we could be witnessing a continuing downward trend. I would like to attend a sharp movement and therefore I will monitor developments closely and try to enter the market at some resistance. So far, my careful strategy successful. Trying to achieve low drawndowns and be successful in the long term.Enter the market with high volatility is usually a very difficult task. So good l…

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Half month

monexx Veröffentlicht 13 Mar. in #Trader's blog

Hi traders,
We are already in mid-March, so it's still a chance for strong mixing sequence in the competition. Trying to first think of to lose and not to attack. Therefore, I am opening position quite conservative. I would like to gradually get into the top twenty. Whether I succeed is in the stars but to me it is all about long-term stable performance and I want to score in the competition trader of the year.Before, I did a lot of unnecessary mistakes but now I'm focused only on EURUSD, Whenev…

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