- Search Metals Mine
- Graviton replied Nov 10, 2015
My best trades at the moment are ECad, EG and EU short. There are good fundamental reasons for the Euro crash. The ECB wants the Euro down to stimulate the economy. The US economy is getting stronger with good unemployment numbers and good housing ...
Multi-Lot Multi-Timeframe Position trading
- Graviton replied Nov 10, 2015
EU is crashing. Down 400 pips in the last couple weeks, down 800 pips in the last month.
Multi-Lot Multi-Timeframe Position trading
- Graviton replied Oct 24, 2015
Hey IBO. I'm always working on something. I've been reading some articles today myself. I'm still trading the same system. When I have no trades to take, I read and study. EChf short was my best trade last week. I went flat before the weekend to ...
Multi-Lot Multi-Timeframe Position trading
- Graviton replied Sep 28, 2015
Thanks IBO. I've been having quite good fortune lately simply buying the strongest and selling the weakest currencies. Using a good chart app something like this: url This one is free, but there are several that can be purchased. I just look at ...
Multi-Lot Multi-Timeframe Position trading
- Graviton replied Sep 24, 2015
Excellent question IBO. I've been selling the Aussie on peaks and taking profits on dips for several months. Of course, the elephant in the room is decreasing demand for mined raw materials by China. I see no need to try to catch a falling knife ...
Multi-Lot Multi-Timeframe Position trading
- Graviton replied Sep 22, 2015
Yes, the CHF is difficult to trade. The financial community wants to buy the CHF as a safe haven but the SNB wants to keep it low to improve Swiss trade. It will tend to drift higher in value until the SNB steps in and lowers it by printing lots of ...
Multi-Lot Multi-Timeframe Position trading
- Graviton replied Sep 22, 2015
I have some small positions on EU and EJ short right now. As you said, there's not many good entries at the moment. The USD is strong since the US economy is fairly good and everyone knows the next move by the US Fed will be to increase interest ...
Multi-Lot Multi-Timeframe Position trading
- Graviton commented Sep 17, 2015
Wages are falling, the economy is on the verge of deflation. They had no choice. The next move is as likely to be more QE as a rate hike.
FOMC Statement
- Graviton replied Sep 16, 2015
Until the US Fed announces it's decision, I intend to be very careful. The goal is to stay calm and carry on. I wont be chasing moves just before or after the Fed decision. Just very solid trading as if nothing special is happening. Managing risks ...
Multi-Lot Multi-Timeframe Position trading
- Graviton commented Sep 10, 2015
Ha ha, good point! It's a case of too little too late. The US Fed proved that massive QE intervention can quickly pull an economy out of recession. The problem has been that the BOJ's timid approach has not worked. The trick is to get the newly ...
Krugman 'Really, Really' Worried Abenomics Might Fail
- Graviton replied Sep 8, 2015
Yes, you make a good point. I was just following the weekly trends at the time. The trend directions have changed over the past week and I wouldn't recommend EJ now since shorter timeframe trends are now up. Also, after last week, the weekly trend ...
Multi-Lot Multi-Timeframe Position trading
- Graviton replied Sep 4, 2015
IBreakOut, I missed the Chf/Jpy move down because the weekly chart was not trending down until very recently. I did make some good pips on the reversal of the yen to increasing in value though, with shorts in AJ, CadJpy, EJ, and NJ. The reversal in ...
Multi-Lot Multi-Timeframe Position trading
- Graviton replied Sep 4, 2015
Hi Mattrix. I ride through most news events as they rarely change the long term trend and I keep stops wide enough so that small news spikes wont take me out of the trade. I won't tighten my stop as that is the time I am most likely to be stopped ...
Multi-Lot Multi-Timeframe Position trading
- Graviton commented Sep 4, 2015
LOL, the only assets for sale in The ECB are failed Greek banks. The rich states don't need the ECB's paper money.
ECB's Nowotny: Not Enough ABS Available For The ECB Purchases
- Graviton commented Sep 4, 2015
The big banks make fortunes spoofing the markets and always have. Apparently it's legal for them and illegal for the small trader. The simple solution is to charge a small fee on canceled orders, but the big banks lobby against that as it would cut ...
U.S. Prosecutors Cite 'Spoofing' Software Allegedly Used by U.K. Trader
- Graviton commented Sep 1, 2015
A little bird told me the Fed will move the rates up 1/8th of a point if employment numbers are good and there is no change in inflation. If employment numbers are bad and/or inflation goes down, there will be no change. If inflation goes up and ...
Rosengren: This Time is Different: Lessons from Past Tightening Cycles - The Implications for...
- Graviton replied Sep 1, 2015
Well, I trade longer term and I rarely take trades during major news, so the spreads have very little effect on me. I don't advise taking trades just before or during major news events as it increases risk and our goal is to reduce risk without ...
Multi-Lot Multi-Timeframe Position trading
- Graviton commented Aug 29, 2015
I guess only the big banks are allowed to win. Big banks have been spoofing prices since before computers were invented and have perfected their game in the age of digital trading. The Rothschild's made billions at it as more recently has BOA, GS, ...
Accused U.S. 'flash crash' trader fails to have UK extradition case postponed
- Graviton replied Aug 25, 2015
Lemna, I haven't done a careful evaluation of their rates, so I really can't comment. Perhape others have an opinion? Just re-entered UCad long on an H1 breakout. G
Multi-Lot Multi-Timeframe Position trading
- Graviton replied Aug 25, 2015
Sitting on the sidelines now. Lots of reversals after yesterday's big moves. I'll wait until the market is more predictable to re-enter. -G
Multi-Lot Multi-Timeframe Position trading