Beating Alpha

iterating towards truth

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NZDUSD, EURGBP and last week T3 trades

Last week I have managed to take 4trades netting +98 – 35 + 13 = +76pips. One trade is still open in EURGBP and currently is up +110pips with the profits locked down at +74pips. Overall the most technical play happened to be in NZDUSD and EURGBP -…

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Euro hawkishness

With €/$ breaking above 3860’s and rising LONG positioning coming out of COT report we might see 1.41 to be tested in a short term future. That said, we should be aware of crazy and sometimes unclear price action and be prepared for minor retracem…

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Some updates – USDCAD & EURGBP

Couple of updates on my swing strategy. At the moment two open positions in USDCAD {short} and EURGBP {long}. For recently closed positions the outcome is this: EURCAD = -69; EURCAD = +104; NZDUSD = -55; NZDUSD = +45; CHFJPY = -38. Total = -13pips…

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GBPCHF and CHFJPY update

Just a quick update on what I posted yesterday. I finally closed the GBPCHF position since 5332 held strong and it might looks like a reversal taking modest +24pips. At the moment I am in CHFJPY trade as discussed in the previous post. On my prior…

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Week ahead – CHFJPY, EURGBP

Last week I was able to take several trades {3} on my little longer term strategy T3 {matters of several hours to several days}. Both EURCHF and GBPCHF were profitable trades {89 + 83 = +172pips} and one loss on NZDUSD {-55pips}. At the moment I a…

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Market randomness

I have generated the “random” set about 100 times and every single time guess what I saw? I saw trendlines, supports and resistances, market patterns and I believe that if I would generate random values for candlesticks I would see hammers/engulfi…