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    Position Size and Market Volatility - Trend Traders

    I guess I am misunderstanding.... In the examples of position sizing above....as the ATR increases this reduces the recommended position size. Is this correct or am I doing something wrong? If I am correct, then I am trading fewer contracts when volatility (measured by ATR) is higher.
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    Position Size and Market Volatility - Trend Traders

    Thanks everyone. This is very helpful. I have another question. Are we all assuming that high volatility is a signal to reduce risk? Have you all done studies to prove this theory? How can we tell that we should not be increasing our size, risk when volatility is high or extremely high?
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    Position Size and Market Volatility - Trend Traders

    Given this statement.... "Position size must be calculated based upon market volatility and assigned per position risk" The statement and many like it have been published by "successful" or seemingly sucessful trend following organizations and individuals. My question is how? Does...
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    Why to short the Canadian Dollar

    MER sell signal came on 10/15 at 73.60 C sell signal came on 10/15 at 46.24 Last CD buy signal came on 8/23 at 9491 BIDU buy signal came on 10/26 at 353.39 "Here" is not the way. The short answer is yes, yes, and yes, yes.
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    Why to short the Canadian Dollar

    Here is the only meaningful prediction no matter what anyone "thinks is going to happen". If the price flow keeps going down, then sell. If it stops going down then cover. If the price flow starts to flow up, then buy. If it stops going up then exit. Who really cares what everyone thinks?
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    Where is the EURUSD going from here ?

    How do you convert an asset to a different currency? Not that I want to, I just don't understand how you would do it unless it is cash.
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    Where is the EURUSD going from here ?

    If you feel sick in your gut, then it is time to get short. :p Lots of order flow today on the CME (FX). Quarter End. Lots of manipulation. Take profits, etc.
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    Short the Euro/USD Now!

    Next target for EURUSD is 1.3869. Then 3515. Then 2825. You can make a note in your Outlook and quote me. If you forget I will make a note to follow up on it :)
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    Where is the EURUSD going from here ?

    BINGO!! This comment is of great value to those with clear minds. Excellent thought.
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    Where is the EURUSD going from here ?

    I am buying dollars. Sentiment is way off balance. Markets trade emotionally, not fundamentally or technically. I just don't see all the doom and gloom the media and websites are hawking to us. Clear you head and think about it. Maybe all of you don't live in the US. Walmart lines are long, real...
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    AUDUSD Position Trades

    I have never had much success in the long term scalping. How do you guys do it?
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    AUDUSD Position Trades

    Just a small change here. Based on today's price action my reverse level has moved up a few ticks to 8778. Looking for a close below this level to set up shorts.
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    Dollar Down + Stock Market Up?

    There is no measurable correlation in the direction of the dollar and the stock market. Test it for yourself.
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    USDCHF Position Trades

    I am currently flat the swissy. I am watching the 1.1767 level. A move through here and a close above and I will set longs for a possible move to 1.1891. Current risk level is a close below 1676 but this could change if the trade sets up. Currently, 1.1891 is a key reversal level up for me...
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    AUDUSD Position Trades

    Currently flat. I am watching the 8771 level on spot. A move and close below this level and I will set shorts for a move to 8679, then 8359. Initial risk would be a significant close above the hourly swing high at 8833. If this sets up, I will update risk management for the move down. cheers
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    USDJPY Postion Trades

    I am currently long USDJPY at 115.55. Risk is a significant daily close below the hourly swing low at 115.10. I have three significant targets on this trade currently. Target 1 = 116.25 Target 2 = 117.23 Target 3 = 117.92 If supply rejects demand significantly at these levels, I will...
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    EURUSD Postion Trades

    I am currently flat and watching the 1.4091 level. This upper reversal level could change for me depending on price action. A move and settle below this level and I will set shorts. Target will be 1.3869, then 1.3515. I will update as price action continues.
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    USDCAD Position Trades

    I am setting longs out of the 1.0008 level on CAD. My risk is below the swing low, a significant daily close below 9974. If the trade goes in my favor I am targeting the 1.0220 level. This is the key reversal level down. I will watch this closely. If we move above here, then I will add to longs...
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    GBPUSD Position Trades

    I have a key reversal level of the major trend for the pound at 2.0273. Price surged through here on 9/24 and supply took over and sent the pair down. We have returned to this level today. I am short out of 2.0273 with a current downside target of 1.8467. My risk is a daily close significantly...
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