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Tom81 replied Apr 6, 2017Quite simple. When calculating lot size of a trade you want to open according to your risk percentage, use your balance minus SUM of all stop losses of your open trades.
Compounding and money management
- Tom81 commented Apr 6, 2017
Makes you wonder if price of oil is not the main reason for this strike.
US air strike puts oil, gold back on the radar
- Tom81 replied Apr 6, 2017
Not, quite, we are in one of the quietest periods with only Chinese, Greece and Brexit causing some moderate volatility since 2013. Lets hope market bubbles start popping soon, overvalued equity markets would be my first candidates to wreak global ...
Forex Volatility is Dead?
- Tom81 replied Apr 6, 2017
Major central banks have killed volatility with their spreadsheets gone ballistic (meaning cheap money for financial institutions, which translates in extreme greed environment = very bad for volatility) + western middle class dying, consuming less ...
Forex Volatility is Dead?
- Tom81 replied Apr 6, 2017
NZD/USD possible bullish correction scenario inside a range
Trend Trading with Fibonacci & RSI
- Tom81 replied Apr 5, 2017
Nice analysis of FOMC meeting minutes from speculative traders' perspective, worth watching: video
Trend Trading with Fibonacci & RSI
- Tom81 replied Apr 5, 2017
S&P 500 and XAU/USD slide back into risk averse mode after FOMC meeting minutes. I must admit I didn't see it coming and I don't know what in report triggered it (maybe remarks of stock markets being overvalued or just 2 more rate hikes this year, ...
Trend Trading with Fibonacci & RSI
- Tom81 commented Apr 5, 2017
Trade what you see, not what you read/hear. You can't know for sure how much rate hike expectations and tapering is already incalculated in price action, no one does. Btw. minutes were nothing special, no more bullish than expected.
Minutes of the Federal Open Market Committee
- Tom81 commented Apr 5, 2017
Going from $4.5 trillion to 1.5 or so FEDs' balance sheet is gonna take them long years if not decades. How will they react if global financial crisis 2.0 hits during that period? S&P500 is ready for large compression, China debt is troubling, ...
Minutes of the Federal Open Market Committee
- Tom81 commented Apr 5, 2017
Nothing special... maybe only ..."judged that a change to the Committee's reinvestment policy would likely be appropriate later this year." That's sooner than 2018, as previously expected by major players, but only gradual tapering, so no quick ...
Minutes of the Federal Open Market Committee
- Tom81 replied Apr 5, 2017
GBP/JPY update (waiting for falling wedge breakout confirmation)
Trend Trading with Fibonacci & RSI
- Tom81 replied Apr 5, 2017
Thanks man. I try to keep my charts as clean as possible. More is not always better
Trend Trading with Fibonacci & RSI
- Tom81 replied Apr 5, 2017
USD/CAD short term bullish (range breakout). Watch WTI Crude!
Trend Trading with Fibonacci & RSI
- Tom81 replied Apr 5, 2017
XAU/USD bearish short term Short: 1254.36 SL: 1261.82 T1: 1241.30 T2: 1228
Trend Trading with Fibonacci & RSI
- Tom81 replied Apr 4, 2017
EUR/USD short term bullish correction ahead? This is pure tight stop loss and +2 reward/risk ratio play. I think chances of pair bouncing here are just 50-50 or less, as last bearish momentum was strong.
Trend Trading with Fibonacci & RSI