Search results

Unexpected volatility - well, markets have other ideas than my signal. My portfolio is net positive today thanks to gold. More luck than anything else. I am now swallowing my pride and giving up on call for good. Balance : 8 signals 7 wins 1 loss.

wow ! my ignorance suggests this move has legs.

who would think anyone actually cares about gb in or out of eu.

gold stocks etfs, oil, iron ore, etc whatever commodity linked to AUD. my thinking is one should have short term win ratio high, so meaningfull compounding can take place. Say, you cannot be down 10 risks from top of equity curve. Automated trading cant do that.

i see. that is definitely viable. i am thinking along same lines however not come up yet with something practical for such short term.

Last one was buying gold stocks couple months back.

no. I find intraday trading too exhausting and unrewarding. Surely was scared by targeted manipulation so now stay away unless unusual large interest. You will say, market too big to care, blah blah, i am superstitious. But I have applied objective statistics over my mishaps and chance of this...

i had my negative experiences with market manipulation and now playing only certain times when large interest, or larger time periods. GL to you if you manage to get decent return in such conditions. i have done my 10k hours and pretty much know what to do - for my type of personality. Would...

i will do short term trading but only when markets are volatile enough. Cant be bothered otherwise. So, my hope is that past 84 markets will get wild, not only AUDJPY. And this is where my system hits larger goals often.

i wont say, told you so, but I do have larger picture that gives me some edge.

feel like some rock star that clapping brings it back on stage after completed performance and enjoying deserved fix. Trend line at 84 or so. My signal back in business ! No resource price collapsed, rather opposite. Prosperity to AUS via money printing is back in with vengeance unless owners...

I have now officially lost the call. Price below 0.7700. However, I am around 30 % up since call issued mainly thanks to gold on position trade and around 60 % on short term swings (much less balance). Simple rules like buy only above 80 and wait for signal, kept me away from losses. I believe...

as if it happened yesterday - from my library of trades - see red markings

30 pips is too small stop size. make it 4 x larger or more. I have been stopped out numerous times from real excellent trades due to too small stops. Most notably when selling audusd at 1.0234 in last drop. Nearly straight line down to 0.90 or so. Had 12 pip stop 2 contracts, planned to build...

today price action contributed to brexit. i do not believe this is correct. banks are real issue here. Technical setup is very dangerous for swing loooower for banks. Can banks dig out of this hole ? Something is saying to me that not this time. Gold going up on their misery, unexplained, dont...

looks like market heard you:) now 7867. i mostly catch knives. And know these zigzag patterns around round numbers can drive you crazy if you try to read too much into them. So i am just ignoring it

i dont think they will. Last 5 or 6 calls of his I read about, were 100%wrong. Chinese market especially embarassing. Not saying he wasnt bluffing though. Money in front of ego as it should be for every real trader. gold moves up as banks move down.

ok right, however, us & allies no better.

global banks have tanked further this week, some serious TL broken across many banks. XLF is the etf to use for shorting. See if another stimulus will be sprayed, or my canary in the mine - CBA.AX - will be allowed below 70.00. theory that banks are short gold, oil etc and now must cover...

Great thanks - looks like that is exactly that ! 1. bite bullet and buy at present levels, have stop 500 pips below and have stop = max (initial stop, ma(50) < ma(200)). So having $ 5K stop yields position 80k. 2. buy when TL actually broken, with stop. As there will be many doing same...