iterating towards truth
EURUSD is slowly channeling down and with latest positive NFP records it looks like we might see a retest of a longer term support at 2870’s. This area is a 50% retracement of 3709 high and 2037 low. Below 2970’s I am a short term bear towards 287…
First he considers the worst case scenario for a potential trade/investment and what that would look like. He builds variables/scenarios that will prove his trade wrong. He visualizes this losing trade. When variables/scenarios hit that he mapped …
STATS:Trades: 1Return: +3R (+3) Pays: 123ACUPairs traded: EURUSD
He only has 2 monitors, but says that’s all says he needs, which I don’t doubt. The first monitor has his charting and execution software, the second, Evernote, with everything else (Ransquawk feed, etc) running in the background.soruce: nobrainer…
Last week I was expecting milder movements and I was wrong. At the moment I am in a neutral mood (i am neither bull or bear). I would not be surprised by the move even lower to 2870’s. Bearish actions are still stronger then pressure coming from b…
I have read recent article from NBT about price targets/projections. First of all I have to say that I have found value in authors articles. I believe that this blog is one of the few with true value. The main problem is in my opinion complexity o…
V bibli šlo o pohyb, který byl spravedlivý, jinými slovy na začátku hry na něj přistoupili všichni, neb nikdo nevěděl, kde a jak na tom za oněch 49 let bude. Zda dole, či nahoře. Kapitál se tak přesouval od bohatých k chudým, a nikoli naopak. Zůst…
What is the first thing which comes to my mind when someone says “trade”: RISK! … and then the reward. Think about it.
EURUSD went almost cleanly through 3250 so no fade trade from there for me. Right now we are in a neutral territory. I see this situation as a opportunity to fade the markets between 3250’s – 3150’s. Taking it from a short term perspective, I am e…