Recent content by Alchemist123

yes, my experiment with COT report didn't come well:( Seems COT report influences futures market more than currency market. I suspect governments pay more influence rather than commercials. I'll be back with another experiment:D

it seems the last breakout at 6 June wasn't strong enough, and some indicators are showing considerable increase of strength for Yen. I would be aware at false breakout in next least line of last resistance at 165.753 - 166.646.

EUR/USD spot and EUR/CAD provides wonderful opportunity next week. The recent strong surge influx of cash to EURO and the visible weakness of USD may provide long opportunity for next week. And despite the strength of crude oil in a recent times, it seems many producers short heavily to...

yes, there is a significance uptrend formed in several last weeks for CAD/JPY. However, despite the strength of recent formed trend, I will be aware of possible downtrend in a week or two. Expect to short, but beware of the inherent (-) rollover you have to pay.:)

thanks for sharing, I always like Larry William's thesis and writing:)

thx you Empee:) My style is not particularly a style that will make Warren Buffet proud. But still compared with billion of dollars capital he has, I prefer "hit and home run approach" This week has become so volatile in forex, I'm trying to reduce my risk as much as possible...

So far, I haven't had a chance yet using options, but when my training, my teacher told how he used collar to get 15%-20% return per year at virtually zero sum risk.

I might be wrong. But most successful fund managers use very simple strategy. The reason is simple, so they can survive more in different market conditions. The more complex strategy, the more dependency it has on one market condition. When the condition is changed, they will go out of...

Maybe I just got lucky. The last 2 months have made 163% from $1 K initial live saving investment. Down -7% early this month. Hope can make $100K by the end of this year to continue my college:D And hope to get $100Millions fund by the age 25:p

I might be wrong, but I believe That's depending on the goal of the fund. Some funds adopted aggressive approach, such as the one managed by several members of former Turtle. And this kind of drawdown is expected. Another will play semi aggressive, and conservative. So, that's truly...

Hello all, Just find this forum after reading Complete Turtle Trader book. What a great community here:) By the way, I'm 21 years old, and looking to continue my college to Australia if possible. Is there possible I can work as a trader in a firm like Blackstone while still in college...

Mr Sands used turtle system trading. Dunno, but personally I don't have a good time using Donchian Trading rules in forex market:confused: