iterating towards truth
These day markets act like crazy jumping up and down breaking new lows and highs and acting like any trading plan is breakable. So if you think you are in it on your own you are not. Cassical example is today trading on VFI. Today’s afternoon sess…
Currently I am long GBPCHF (+40pips). Yesterday I have exited the EURUSD on T3 at -25pips and gold with +195points gain. I have to manually exit the GOLD since it barely reached my first target at 1108.53. I have entered at 1101.10 and exited at 1…
My two last positions end up in a red. The thing is that this happends. But the way it happend today sometimes drive me crazy :D. Today I have initiated a total of 4trades on VFI strategy. First generated +4pips as mentioned in previous post. Seco…
In the morning I have traded VFI. Not huge success. Had to close the position with 4pips gain. Will post the chart lately. For now here are some thoughts for afternoon session – GOLD and EURUSD. I will be trading both VFI strategy and T3. Now I am…
Yesterday wasnt very successfull day. A lot of false breakouts and high volatility. Pairs I like today are EURUSD, EURJPY and USDCAD (see image gallery) and if the developement is right also GBPUSD. We have some news releases (CPI) for GBP as well…
Today I have came across little older article from NY times mostly talking about Ken Griffin and hedge funds in general. If you are not familier with the name Ken Griffin he has built the Citadel Investment Group into one of the largest hedge fund…
“Do your homework and make sound educated speculations. It’s less risky and more profitable.” source: tradingeducators.com
I have exited my AUDJPY position from previous post. The position has generated max. 42pips gain but then reversed very quickly forming hammer candlestick. I have exited with +11pips just above 82.00.
Yesterday I have posted pairs I am going to watch. AUDJPY still looks promising at the level 82.25. I am gonna play the short breakout today and for USDCHF M formation has formed with target of 50pips with entry at 1.0577. UPDATE: I have exited US…
Hope everyone had a great weekend. Nice and fresh restart is important for every trader. I am going to post just a few thoughts I have. Gold dropped rapidly, JPY pairs are reversing slowly creating round top especially AUDJPY pair. I havent place …