We are out of the AUD/JPY finally, maybe it was a bit premature but doesnt matter. The rest of the trades will remain in the weekend, hopefully Monday we book some profits.

Trading like a Pro

Put on a few medium term trades, 2-3 days but i`m afraid that the Monday market open price will make gaps so i put on the trades early to ride the gap. However the swaps could also eat my position but hopefully the NZD swaps will cancel eachother ...

Trading like a Pro

Looks like those returns are building up, nice week so far. Time to trail the stops.

Trading like a Pro

I did 1 year economics but it was just so boring and confusing so i quit, i tell you its 1000x easier and quicker to learn economics on your own than in a university ,thats for sure The wonderful thing about the internet is that you find ...

Is random really random?

Dude you are contradicting yourself Ok lemme tell you another example of technical vs fundamental to understand the difference: Suppose a trade balance report in lets say Japan came out negative -100 bn JPY vs last month, and the reason ...

Is random really random?

Ok maybe i wrote my thoughts too fast and didnt elaborated enough, but looking at the economic data you have i came to that conclusion. First of all Chill, i never said that its purely random, where you see that me saying its pure random, i said in ...

Is random really random?

Also these market flow cycles can be associated with economic cycles, after all its all economy. Read more about it here: url and here: url I tell you it is more interesting to study and research econometrics rather than looking at historical ...

Is random really random?

Thats nonsense what you posted.Fundamental analysis doesnt mean to trade every shitty news like Empire State index,House permits or whatever, or trade better than or worse than expected outcomes.It more complicated than that and it actually works ...

Is random really random?

Thread closed, i will not post anymore here, if a moderator see's this please delete this thread.

Hedge like a madman...

Ok NZD closed prematurely, we will trade that next week.Only the aussie and the dollar remains, these i guess i will have to hold it in weekend, it looks like a longer term trade to me. However so far we have 100% winrate with 0.5% DD (not holding ...

Trading like a Pro

Nope its pretty much in cycles, there are economic cycles for a whole country or even for the whole world.Just look at the interest rates, it was high about in 2003-2004 for the EU and US, that period will come now again after 12 years maybe not ...

Is random really random?

If the house sales will be better then expected we will buy the aussie -dollar, if not then we stick with these positions until tomorrow and probably quit the kiwi as it will no longer have that bullish USD pressure on it.

Trading like a Pro

Yup better than expected Unemployment as predicted, now NZD/USD stays as it is, while USD/JPY will get doubled, this position is golden as from now USD rate hike might be just around the corner once the CPI gets better.

Trading like a Pro

Damn, got stopped out on NZD looks like i trailed the stop too tighly.Entered another position, i believe the lower support is meant to be touched, but i give it time until midnight or i close it if it starts to rally up for some reason (very ...

Trading like a Pro

The only thing that is random in the market are the congestion periods of tight ranging movement. Every breakout, trend or whipsaw has its own, and somewhat predictable reasons.And to detect that you need to consider observing money flow across the ...

Is random really random?

Well depends, the global world economy is a zero sum game, but the FX market alone isn't.Like the FX markets are only 5-6 trillion while the global economy is measured in the quadrillions without even counting the natural resources. The burden of ...

Is random really random?

A little more scientific talk finally Let me give you an economist perspective: After a few weeks learning a few interesting stuff, i dont think the market is zero sum anymore.It is too big and complexly linked with every financial-economic ...

Is random really random?

How do you know that that "half pattern" of yours is caused by the same thing as the previous one which occured last time? Since if not then there is a good chance of different market reaction, maybe a whipsaw, maybe a total opposite reaction. It's ...

Is random really random?