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FX-Jay replied Sep 23, 2016Thanks for your positive message mate. I'll be sharing my planned next 'big' trade setup soon, so feel free to share your opinion, and whether you'll agree or disagree with it. Best, Jay
Jay's High Probability Setups
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FX-Jay replied Sep 23, 2016I'm fairly convinced that the next DD cycle is going to start early next week, so I'm planning to significantly reduce whatever positions I have left to reduce the magnitude of the possible DD. As time passes, you'll see the equity curve get ...
Jay's High Probability Setups
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FX-Jay replied Sep 23, 2016GBPJPY did indeed top that Friday, and as expected a new equity high was reached by riding the JPY strength / GBP weakness train
Jay's High Probability Setups
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FX-Jay replied Sep 23, 2016There's no holy grail here. It's just me sharing some of my setups based on my view of the market. I'm not even sharing a system, for it to be called a holy grail. The thread is called "high probability setups", that by itself nullifies the holy ...
Jay's High Probability Setups
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FX-Jay replied Sep 23, 2016Hey there, The answer to your question could be found on the 1st post of this thread: "This is where I will be posting some high probability trades based on my personal study of the market. As you may have noticed, this thread is under the "Trading ...
Jay's High Probability Setups
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FX-Jay replied Sep 23, 2016Hey Rcubic, Those are some decent gains! Congrats. I hope you're not neglecting the MM Keep it up
Jay's High Probability Setups
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FX-Jay replied Sep 20, 2016A quick recap on the JPY strength trades: 1- CADJPY: Target 77 gone - DONE 2- AUDJPY: First Target 76 - DONE ; Second Target 75.81 still valid 3- NZDJPY: Target 72 - Currently price is @ 74.30, Target valid, but caution required cause a revisit to ...
Jay's High Probability Setups
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FX-Jay replied Sep 16, 2016GJ down nicely for the day, down more than 150 pips from the last post & down more than 550 pips from the September 2nd top. I'll be closing half of my position here at 132.9x before the weekend, and letting the the other half run. Target remains ...
Jay's High Probability Setups
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FX-Jay replied Sep 16, 2016Got mixed signals on that one for the medium term. If I'd had to chose now, I'd go for a buy, but I believe both buyers and sellers at these levels will make profit in the longer run if they can hold long enough. I know that's kind of confusing, but ...
Jay's High Probability Setups
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FX-Jay replied Sep 16, 2016Thanks David
I trust that the best is yet to comeJay's High Probability Setups
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FX-Jay replied Sep 16, 2016Hey Rcubic, all is good, thanks for asking. Hope you’re doin well too I will try to answer all your points as clearly as possible, and in the order you mentioned them: 1- CADJPY: We reached 77.15 yesterday which is very close to my 77 target. Target ...
Jay's High Probability Setups
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FX-Jay replied Sep 9, 2016We did indeed get the DD mentioned above. I have mixed feelings about this. I'm not so happy to have to sit in DD, but I'm glad that history is nicely repeating itself & giving us better market predictability. The DD cycle is starting to look a ...
Jay's High Probability Setups
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FX-Jay replied Sep 9, 2016Hey Femsey, The answer can be found right in the post above your question. Best, Jay
Jay's High Probability Setups
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FX-Jay replied Aug 29, 2016Hey mate, I still stand by my bias quite strongly. Friday's move might seem like 'something' if you're looking at lower TFs, but if you look at the bigger picture, it was just a insignificant minor hiccup. Even on the fundamental side, nothing have ...
Jay's High Probability Setups
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FX-Jay replied Aug 27, 2016P.S. I wasn't planning to put you on ignore, but a quick look into your profile showed the following: 1- Your level of replies are way below the level wanted around this thread. Exhibit A: " Once an idiot always an idiot I even posted something new ...
Jay's High Probability Setups
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FX-Jay replied Aug 27, 2016I'm supposed to give it to you because ...? This is a trading journal, my trading journal. I choose to post what I find suitable. I'm posting the equity curve & DD to show how I'm working on developing this idea that I started 1 year ago. They are ...
Jay's High Probability Setups
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FX-Jay replied Aug 26, 2016There goes NZD flying
As I always say, the market does what the market got to do, there shouldn't always be a catalystJay's High Probability Setups
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FX-Jay replied Aug 26, 2016As part of the system optimization, I'm first tackling the DD issue. As you can see from the graph below, I'm capping the DD levels at lower %s as time passes. The ultimate aim is to reach a max peak DD of 25%. I'm doing this gradually & smartly in ...
Jay's High Probability Setups
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FX-Jay replied Aug 26, 2016There is only one little thing that is worrying me at the moment. This may sound funny to some, but here goes: As a follow up to the equity curve post made in July (here), you can see that yes history did repeat itself as expected and the DD did ...
Jay's High Probability Setups