I follow these economies and pair trades strongest with weakest within this group Gbp Usd Cad Eur Aud Nzd Jpy Chf

how many currency pairs should I follow

Its a calculation that measures the upside and downside volatility of an account. It is used to gauge if the account assumes too much risk relative to growth. The sortino ratio is similar but only accounts for downside volatility. Upside volatility ...

Is it possible to earn money from trade?

Presuming all professional traders hold over night. Most of the ones I know are flat at the end of each day

Pro traders who do not use SL, What about Black Swans?

There are more opportunities in unexpected data. You will probably improve your bottom line by switching this into a filter whereby you initiate trades technically off the back of an unexpected number. The greater the importance of the data to the ...

Trading news and sentiment

It's not a case of how many you should trade but rather a case of identifying and pairing strongest against weakest. You can get away with the majors and a few others and have ample opportunity to make money. Don't focus on exotics while learning ...

how many currency pairs should I follow

Managing trades I am struggling to appropriately explain this to be honest. My trade management is dynamic with very few rules and takes into account sentiment and price action. Its complex and no 2 trades are the same but its saved my arse more ...

Trading news and sentiment

Audusd and eurcad. I can show you a chart for any major currency pair with news overlapped as an indicator where you can see enough evidence to convince you that not all news is factored in. Only expected results are factored in and those I don't ...

Trading news and sentiment

Well the CAD turned out to be more or less a dud. We had better GDP news albeit not by much of a deviation and oil is on the softer side and I closed out for a couple of pips. I will be flat for rest of the day unless there is some juicy unscheduled ...

Trading news and sentiment

Not much to be honest. The BOE have been committed to 1 hike a year and we had this already. Brexit overshadowing other news to an extent also takes away any potential for it. I am pretty much neutral GBP unless there is unscheduled brexit news.

Trading news and sentiment

go look at the FED. their site has inflation forecasts

Source of Forecast for CPI m/m USD

one trade done this morning (0.3% gain), EU inflation wasn't a trade for me so onto the CAD later. So far i am closing the month off with 17.1% and if CAD turns out well that might be higher (or lower of course). In any case it has been a good ...

Trading news and sentiment

I just seen your accounts dipshit. Lets all take a look at LDFX account 1 sharpe ratio 0.4 account 2 sharpe ratio -0.9 account 3 sharpe ratio -0.17 account 4 sharpe ratio -0.3 account 5 sharpe ratio -0.8 account 6 sharpe ratio -0.12 ALL YOUR ...

8 Years Later - Still Not Winning

Its a busy calendar so you are probably right.i hope I'm not in meetings (I didn't check and can't be arsed to login now either). I'll take what I can get for sure. The European inflation data is on my watch list. The ecb have softened their ...

Trading news and sentiment

slippage does happen but to be honest i never really notice it. I will post another update on trade management including stops - it is probably the most complex part of my process as it isn't rigid and on a case by case basis. I do have dead stops ...

Trading news and sentiment

Monthend flows in force. I see Wells Fargo reckon as much as 21bln in US equities might need to be purchased and an outflow of up to 27bln from gov bonds. It's anecdotal so don't use it alone to trade. If anything it should make you a little more ...

Trading news and sentiment

A brilliant contribution to the thread DaRealTrader. Here is an interesting chart that could bring fireworks to the party. At no time in history has the US economy operated on cheap money for so long. Going into such an unprecedented period of ...

Trading news and sentiment

Hey Fader123 Spending that time reading is key to my edge as you seem to relate to. Not many retail traders will understand this let alone identify it as an edge. For the sake of helping others, knowledge is power. In a fast paced market around news ...

Trading news and sentiment

Hi I only look at charts when I have entered a trade to manage it. The 1 hour charts initially gives me a picture of significant levels after which I go down to the five minute chart. The 5 minute is a good sample size to show me how price is ...

Trading news and sentiment

Feel free to chip in. Hope it is informative to others.

Trading news and sentiment

Prepping for trades While there is a good amount of research and thought required, you don't have an economics degree. Start with central banks where you will be able to gauge where an economy is in the business cycle and if there are any additional ...

Trading news and sentiment