Beating Alpha

It seems to me that the market is getting bit overbought and trendlines across pairs stood the test of time so their break will have some value (when they break). I particularly like pairs like: GBPUSD, USDCAD, AUDUSD, NZDUSD, EURUSD for being a b…

For last several days I had in my hit list a USDCAD potential short trade. The pair is in a nice downtrend respecting the trendline offering good levels for entry. I spot this level at 0205-0215 area where the heavier sell-off started by breaking …

The whole week I was just sitting and waiting. On Tuesday I took a small loss of -25pips in EURUSD pair. I was inpatient and got in early on a trendline break but under much smaller timeframe and IN A RANGE PLAY. Of course the market needed to cle…

I am going through a rough period now and trading is much more difficult for me. Once you lose confidence it can take time before you regain it again. M1’s are just totally unreadable to me and I needed to switch to higher timeframes (it is workin…

With EURUSD opening gap still in play we have a nice higher probability trade in place with well defined level of entry, take profit & risk. The level is well set just above 3713 and so far the price is behaving like it wants the fill to be comple…

What date is the default day?

Not sure what is the expectancy of this guy but the temporary RR has to be awesome.

Those who traded on Thursday afternoon (GMT) certainly remember the 150pips POP in 5minutes (EURUSD). Well the day itself on my main strategy (VFI) was average. I ended up the day with +19pips. As you have probably noticed once in a while I decide…

There’s now talk of the Fed targeting unemployment. How ’bout this. As part of the next quantitative easing, the Fed creates a $1,000 checking deposit for every citizen who agrees to write ten letters to friends, especially in rural parts of the c…