Depends on which timeframe, coz i just bought more of it at the retracement level, expecting to bash that rezistance again for + 1%.

USD/JPY Discussion

Oops just made 6.5% growth there in 5 minutes with that long that i was talking about ) image Damn i`m such a bad trader

USD/JPY Discussion

Oh yea baby, it came faster than expected ) image I traded this move on GBP/USD and made 15 no-brainer quick pips there

EURUSD

Yep, but i rather place this one on the GBP/USD, since its not that oversold as the EUR/USD.The euro is really at a monthly low there, so you might never know what will happen there.

EURUSD

Yea but that will happen only @ the news, but for the meantime the yen is nice to scalp.

EURUSD

Damn, the yen is a very cunning currency.I hedged it and it really did some clever moves, so i had to sell it off to reduce my risk, but now its time to enter long with a bigger position to recover my previous trade

USD/JPY Discussion

Yup its getting clearer and clearer,it will go up , no doubt so my sell order will be a loser, so i will just wait if the price will retrace to a slightly better place to close my loser, or if it will jump to the next target i will close the loser ...

NZD/USD

The first blue zone probably, the higher second one, i think not,yet.I have a sell order which must be takeprofited.I expect the NZD/USD to reach the top level of the range next week probably.

NZD/USD

I`ll go short, i think the price will hit the 1.369 level, although i dont think it will happen until the CPI report.Also i`m counter hedging it on the NZD/USD. Good Luck!

EURUSD

Big move is coming I will personally hedge this one...

NZD/USD

Interesting... Depends on which timeframe you placed the MA, if it was on a higher timeframe, it could actually catch a longer trend, but leaves you vulnerable in ranging markets, if on lower timeframes, than exactly the opposite, it cathces the ...

why have you accepted the price-predictability assumption?

It's just not, its that simple , if trading would be that simple everyone would be a billionaire, because in every trading book you can see that "3:1 RR advice", so it cant work if everyone knows about it,yet 90% retailers lose... But enough of ...

why have you accepted the price-predictability assumption?

Yea 87% winrate is really a matter of luck.Besides my expectancy +5 pip/ trade...How much is yours? Edit: Linked in my practice account in my signature for proof that i`m not talking BS here

why have you accepted the price-predictability assumption?

Yes my system is actually the prediction of future price with various tools, fundamentals, sentiment analysis, volatility, etc. And sorry i wasnt very clear, what i meant is my average RR is 1:2, so i have anywhere from 1.5:1 to 1:3 RR, and these ...

why have you accepted the price-predictability assumption?

Ah c'mon guys, some seriousity please, look at the sample size: 500 - 1000 I had atleast 200.000 trades in a 10 year period, and cannot support his hypothesis. Besides how come that i can make good profit with 1:2 RR

why have you accepted the price-predictability assumption?

Oh right, i misread that i though you meant shock not aftershock.So you trade the GBP/JPY, which is a very volatile pair and somewhat acceptable spread, but the volatility is a 2 edged sword, if you have no clue about the future direction you can ...

why have you accepted the price-predictability assumption?

It is ok to be skeptic, and if you believe me or not, you can always test this yourself, but eventually you will come to the same conclusion as i did.I`m just saving you time and telling it to you now. Then you are a gambler not a trader.You try to ...

why have you accepted the price-predictability assumption?

I was trying to say that if you gamble with that amplitude catcher method, which is gambling btw because the average expectancy is <0.That is the definition of gambling.You have higher chance, with Reward>Risk however still <=0 , and the uncertainty ...

why have you accepted the price-predictability assumption?

If you gamble like that with the "swing/amplidute catcher", higher Reward>Risk gives you a slight advantage,obviously because your exploiting the volatility, however, its still gambling, and you will inevitably lose money after a time like with all ...

why have you accepted the price-predictability assumption?

Well its more complicated that that, i also ran a volatility test, to test in which time the volatility was high, cos its obvious that the trade cost would be the most optimal for us in high volatility with this strategy. So say 600 pip TP and 10 ...

why have you accepted the price-predictability assumption?