Recent content by metatrader54

Expectancy is definitely positive, but it differs from different currency pairs to different instruments and different years. I guess in the end a huge part of it depends on "luck", after you've done and control what you can, the rest is for the market to decide. For example, if a trending...

Say NZD Employment, sometimes when the actual is worse than forecast and previous numbers, it doesn't react much. But sometimes it does. Why so?

But why? More noise? I trade Forex, so it might be because not all volume is speculative and business need to exchange money whenever they want so will cause more "random" movement/noise?

Markets seldom make TEXTBOOK/"perfect"/"nice" trend. e.g. higher highs higher lows repeating and repeating. The true test of consistent trading is being able to trade through not so easily identifiable trends. For example, if the chart is in an uptrend but has subtle hints that the uptrend is...

And why? Because technical analysis works because other people are doing it, therefore high liquidity pairs? What do you think?

What do you guys think?

https://www.tradingview.com/x/Jkx8vxK1/ - This does look more bearish than bullish, a strong move down, I expect a small retracement and don't see it actually having a big bounce off support. https://www.tradingview.com/x/NtooRUU3/ - On a bigger picture, it's actually testing the edge of the...

so if you lose 50 in a row, you keep trading as per usual? Usually if I lose like quite a few then I'll go back to reviewing. Do you trade FX?