GO BRIT, GOOO
Honestly, out of all EU puppets/officials I like the most Nigel Farage. No BS, plain and straightforward. Although I am wondering if he got any friends in a buffet during the lunch break. GOO BRIT, GOO 🙂
Mark these words – you gotta love what you do otherwise you are going to fail
Trading is a tough business (which business isn’t, right?). You have to constantly face the uncertainty, wake up eagerly every morning after you had a day/week/month of trading slumps and you have to be focused as it is you first trading day. To s…
Week ahead – CHFJPY, NZDUSD
Another week full of interesting turnovers. All eyes on Italy now – Greece is forgotten. I am certain that we have a long journey ahead with this Europe mess and it is now, when many trading models which worked perfectly in the past suddenly start…
Magical letters: RR
10000+ systems and 10000+ ways how to be profitable – that’s the common saying. Yet only 10% of traders are consistent and profitable (still haven’t seen reasonable sample statistics that would prove this but let’s go with that). We all know why i…
Week ahead – GBPAUD, CADJPY
As EURUSD is currently trading in a range not knowing what is going to happened next we can see other currencies breaking out of important levels (USDCHF/8950). Last week was a moderate week in terms of gains. I would like to share two losses and …
What are you good at?
[youtube http://www.youtube.com/watch?v=8BVSoigsK1g?wmode=transparent]
Another round of intervention – 79th floor
What a look at JPY this morning. USDJPY currently trading at 78 but sustainable? If only judged by one isolated action from BOJ – I doubt that! Well, just a thought.
Week ahead – EURGBP, EURNZD, GBPAUD
What a OVERpumped FX week we have experienced. Last week I have stated that I like EURUSD 4000 level for shorting. This level did not provide much of a resistance or any type of decent reversal candle pattern. On the other hand GBPUSD 6000 level o…
PLAN for FAIL
When we are backtesting our strategies we usually do one common mistake: we focus too much on the structure and dynamics of profitable trades rather than on the loosing trades. On paper most of it looks great, but when the real money are in play w…
Week ahead – NZDUSD, USDCHF, USDCAD and more
My interests from last week still preserve. I am still interested in shorting the EURUSD at 1,40. Scalping it straight away and if the level holds building bit robust position with approx. 300pips objective. The situation is still messy, weekend m…