I have not been posting much recently, concentrating on my trading. And it pays off, my PA strategy is delivering +8% this month and it has evolved a bit. I am now working less and less with Market Orders but rather posting BUY or SELL LIMITS at resistance or support levels with S/L very tight and very …
The pair retraced upwards and stopped me out. I was in profit for quite a while but never reached enough profit, so I let my rules apply. Wath the descending trendline for any shorting opportunity.
EURJPY is retracing below resistance, going short aiming for demand zone below.
Just closed a nice trade with a 195 pip gain on USDCAD. I had taken a short below resistance, aiming for the demand area below. Risk had been kept at 1% and the outcome is a 4R.
I had entered a short on EURUSD just below resistance, however bearish NFP news took me out. Knowing it was NFP day I also had a kind of ‘hedge’ with a bearish USD/CAD trade, which is now showing good progress and approx double my loss on EURUSD.
There is a reversal on USDCAD. Have just taken a short with excellent R:R ratio, aiming for the demand area around 1.2879. Risk at 1% of my account, stop just above previous high to keep things tight.
Shorting EURUSD on a move lower following break of a support level that has just been re-tested.
Took two long trades on Gold and EURAUD, price action shows bullish rejection of a major weekly level for EURAUD, giving us an excellent potential gain and an awesome R:R ratio of over 3 times our risk. On Gold the overall momentum is bullish on the long run, there has just been a pause in …
[av_textblock size=” font_color=” color=”] Be careful today is NFP, and volatility could be high. Last month’s NFP delivery produced a huge surprise with much lower employment figures than anticipated (38 K). This month the delivery has been delayed by a week due to 4th of July, consensus is for 175 K. If you are in …
A short signal has printed on pound yen via a bearish engulfing in a strong downtrend. Stop just above previous high, T/P far below gives us good R:R. Shorting GBPJPY.