i smell a fake pig. Manufacturing must have been affected by China buying a whole lot of stuff and tariff worries (front loading). I do not believe this ISM print is relevant as a strong $ should hurt exports yet it hasn't.

Trading news and sentiment with technical analysis

no trade - picture is mixed, ISM slight beat and market buying $ - they must be addicted to the greenback. It might pullback to reality in which case trade on but until then on the sidelines.

Trading news and sentiment with technical analysis

the 2 trades i am stalking at the moment - no entry yet waiting for a break ( market might be waiting for ISM) UJ - dollar weakness across the board including gold. UJ is sort of a proxy for USD risk off GU - good UK data this morning (a beat on ...

Trading news and sentiment with technical analysis

bad US data, waiting for a break to short $ (market might be waiting for ISM however)

Trading news and sentiment with technical analysis

Be cautious with swissy url

Trading news and sentiment

closed + 25 ( this area is proving to be more of a challenge)

Trading news and sentiment with technical analysis

EU CPI worse than expected so took another short on EURZAR after a break of a technical zone with a view to an approximate target area. A break of 16 is on the cards but i am am cautious of the area but sentiment should carry through

Trading news and sentiment with technical analysis

out +30

Trading news and sentiment with technical analysis

A string of weak EU PMI data this morning softening Euro sentiment. Given that we have seen a broad improvement of Asia data including China, risk sentiment should be stronger and this implies EM markets. With this scenario i am short EURZAR taking ...

Trading news and sentiment with technical analysis

If there is a significant majority in a softened path we could see strengthening and if its another white wash loss then i will be shorting gbpjpy. We have about 2 weeks left before no deal passes through so expect something significant 15 mins to ...

Trading news and sentiment

Asia data showing an improvement which should be well for risk sentiment. Monday's are normally quiet on the news front but not today. This morning is EU flash cpi and later in the day US retail sales and ISM PMI. I will be looking to trade on ...

Trading news and sentiment

I dont care about the red badge (never asked for it), or who follows me. I am not here for a popularity contest and frankly wouldn't care less if i had zero followers tomorrow. I love this business and as you know it's a lonely affair for us retail ...

Stack MM

Calm down you don't need to bold anything - I said don't be offended but clearly, this whizzed right past your conscious mind. Just because you are profitable now doesn't mean the same applies tomorrow, after all, your test horizon doesn't even ...

Stack MM

an idea for your idea Take a look at deep learning and AI as a mechanism that inputs real-time market information (not price or chart related but things like correlations, vix, and news) and adapts to protect in a major event, potentially even ...

Stack MM

It is an interesting concept but I do believe your time horizon of the tests is a sleeping giant of a flaw in the strategy. It is interesting you mention trading mistakes, however. New traders make genuine naive mistakes, experience traders should ...

Stack MM

But that's where you are wrong. In major events there are flows out of risk assets and into safe havens. Taking NBC Dev Juan as an example of current open positions reflected back to the 2007 credit crisis. Your open positions would have reflected a ...

Stack MM

I recall taking a look at this a while back with a 200 pip spread. Apparently they have increased overnight costs by 1000% making holding overnight positions against the currency very expensive.

Understanding Fundamentals - How to Trade like the Sharks

It sure is an interesting concept, but i am sceptical how a trader can adapt positions when events, which don't need to necessarily be ww3, can move price thousands of pips. We all know brokers adjust margin requirements in times of high volatility ...

Stack MM

I have a question, when, not if, there is another event like 2007 where for example EJ dropped from 169.70 approx down 114 and then continued lower to 95.80 approx over several years. If you don't close bad trades and have no idea how far things can ...

Stack MM

Is trading all about probability? Ask any trader this question and they will say yes. You enter a trade and wait for the market to move and as such it is probability. Focus your attention to the word wait and how you enter a trade and wait for the ...

Trading news and sentiment