Daytrader21's Blog
First Trade
Hi,
First trading opportunity for this month is in GBP/USD but my timing was wrong and now I'm in drawdown but I'm still confident it can recover. I also wanted to go short AUD/USD but I had almost all my margin parked in my cable trade. This months I'm expecting lots of volatility thus lots of trading opportunities. For the time being I'm taking it slowly one trade at a time and see how far I can go in the Trader Contest.
Best Regards,
Daytrader21
First trading opportunity for this month is in GBP/USD but my timing was wrong and now I'm in drawdown but I'm still confident it can recover. I also wanted to go short AUD/USD but I had almost all my margin parked in my cable trade. This months I'm expecting lots of volatility thus lots of trading opportunities. For the time being I'm taking it slowly one trade at a time and see how far I can go in the Trader Contest.
Best Regards,
Daytrader21
March Trading
Hi,
A new month has started and I've decided to try my luck and take part in the Dukascopy Trader Contest. My main aim is to get in the top 10 rank. In the FX market we have a strong seasonal pattern in March that can be the climax point for many currency to turn around. We have plenty of risk events that can be the catalyst and trigger some volatility in the market. I'm specially concern about 15 March date because we have high risk events starting from the Fed interest rate decision and the US…
A new month has started and I've decided to try my luck and take part in the Dukascopy Trader Contest. My main aim is to get in the top 10 rank. In the FX market we have a strong seasonal pattern in March that can be the climax point for many currency to turn around. We have plenty of risk events that can be the catalyst and trigger some volatility in the market. I'm specially concern about 15 March date because we have high risk events starting from the Fed interest rate decision and the US…
Top Trading Opportunities for 2017
This article is about what currencies and other asset classes I think is going to be the most at risk and can offer us the best opportunities in term of risk to reward ratio in the year ahead. 2016 has caused a lot of trauma in terms of volatility and it also builds up extreme trends that I would consider extreme because they don’t really fit between fundamental, technical and market conditions and that creates a lot of anxiety and it certainly curbs the potential for follow through. This kind o…
Expect more more shocks in 2017
Hi,
If 2016 was indeed an unforgettable year in terms of market shocks, we should see some volatility in 2017 as well even though it won't be of the same magnitude as we saw in 2016. I'm looking forward to write an article and share my best three trading opportunities for 2017. I believe that the dollar will see some retracements but it's important to choose wisely against which currency to short the dollar. Don't get me wrong long-term I'm a dollar bull more than you think, but cycle wise we sh…
If 2016 was indeed an unforgettable year in terms of market shocks, we should see some volatility in 2017 as well even though it won't be of the same magnitude as we saw in 2016. I'm looking forward to write an article and share my best three trading opportunities for 2017. I believe that the dollar will see some retracements but it's important to choose wisely against which currency to short the dollar. Don't get me wrong long-term I'm a dollar bull more than you think, but cycle wise we sh…