Beating Alpha

iterating towards truth

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Profit taking

EURUSD has dropped a lot recently (500pips in less than a 8days to be precise). With the 2150 ahead we can expect some profit taking. Since we are in a descending channel we can expect the the buying to be over at 2320’s {H4 pivot support}. For th…

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Do the hard work, do the work

So for the last several years I have been recording trades as a video cast. Only in the last seven months I have started to do it more regularly. The recording is very easy. Every weekend I pick up three trades of the past week I want to record. I…

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EURUSD – current short in question

On Thursday my SHORT entry was initiated almost on the PIP. A week ago I have a written an update about possible short opportunities in EURUSD. 2615 was my entry LEVEL and my target 2635. At the moment the reaction to the 2444 level has presented …