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Hi, The Experience has a duration of 4 months. At the end of the Exp we withdraw all the gains and restart with $3k for another 4 months. January, May and September as a starting date allow to include the beginning of each earnings seasons (individual stocks are mainly driven by earnings...

Hi, I am starting this second Journal, the other one is Forex dedicated for active traders (here). This Journal is also published on my site and be understanding I will not answer questions here but feel free to send PM if you have questions. I also started on this forum a stock trading journal...

GBP TRADE GbpUsd: We still have -350K above the price and -200K below. Will not add. Econ data from the UK are reinforcing the dovish view of Carney (head of BOE). The main incentives of the GBP trade is based on the next MPC meeting. If the split among voters will widen or tighten (more or...

FOREX EXPERIENCE Our Account has now tripled with a balance at $30436 making +300% within several weeks. I received a PM asking me if I always make the same gains on Forex. No! Here we had a very rare opportunity with a 90% consensus on FED/ECB monetary policy divergence. We didn't hesitate...

Made a break to go sailing, refreshing. Let's get stuck in again. AUD TRADE Our main incentive here was the view that Australian economy is less impacted by its mining sector directly linked to Chinese economy. Nevertheless the slump in commodities has badly hurt the Aussie across the board...

EURO TRADE EurJpy: We closed at 130.025 before the ECB statement making 302 pips. Why 130.025 and not 130.000 as planned? Actually our target was hit during the knee Jerk prior to the release but because our lower positions were near the price in the minutes ahead of a huge event we move the...

EURO TRADE EurUsd: Lock hit, TP hit Tons of pips. This is huge, the FT tweeted in the minutes prior to the release that ECB is maintaning the rates unchanged (look at 5mn chart), this generates a huge gap North hitting our lock then in the minute before the release the FT deleted the tweet...

EURO TRADE EurUsd: We locked lower positions at 1.0565 for all the positions below 1.058 . We may adjust the lock dynamically on M15 We are looking to TP all the positions below 1.0650 before the ECB decision due this PM Gmt. The barrier at 1.0550 has just been taken out, this is an example...

EURO TRADE EurUsd: We are looking to TP all the positions below 1.0650 before the ECB decision due this PM Gmt.

FOREX RISK MANAGEMENT PART 2 From what we said in the quote: Your first goal is not to make banked in pips but to build a floating P&L you can use as a substitute for your capital . You must acquire a mindset highly tolerant to floating P&L fluctuations so you can deal with intraday...

GBP TRADE GbpUsd: We sold 100K above 1.49 and pending a sell stop at 1.4930 for another 100K We are adding here because we see more downside to the pair which is likely to move lower even after ECB decision. Remember we are building up our GBP trade more and more independently from the EurUsd...

EurUsd: Do not enter short if you're not covered, above all don't buy.

FOREX Our Account has been doubled at $22611. Since the beginning in October we made 3049 pips. Not showing off but just to say we could have made those pips way earlier but without having almost $30K floating P&L as we have now. The $30K floating P&L being our trading capital.

GbpUsd: As said in the quote Closed 450K. The target area was almost reached and we need to deleverage a bit. Notice :This is likely going lower intraday

EURO TRADE EurUsd: Holding -3.75M will TP 1M or 1.5M depending on Yellen speak due in a couple hours. EurJpy: Holding -275K and not adding because of our heavy exposure to the Euro.

AUD TRADE AudJpy: We are now holding +250K while looking at 92.000. Since we don't have any clear incentives me moved the lock higher GbpAud: Holding -250K and we will keep it after ECB cut if any. EurAud: Holding -750 K and we will move the lock before ECB cut if any.

GBP TRADE GbpUsd: WE don't add cos of our heavy size on EurUsd. Our target area is looming. By target we mean an area where liquidity and estimated valuation converge and can generate some significant reversal. We will probably liquidate the lower positions very soon.

FOREX RISK MANAGEMENT. I received many emails asking me how can I be that heavily loaded ahead of huge catalyst. The answer here is probably the most important thing a Forex trader must achieve and is directly linked to that mindset characterizing successful traders either on Forex or on...

AUD TRADE EurAud: (Nov 30, EurAud moved for now to the Euro Trade as a new companion with +1500 pips floating.) Even though we manage the EurAud positioning as a companion of our EurUsd exposure, we can talk about it here since we are going to have highly impacting data this evening on the...

FOREX our latest view: The Euro is heavily sold all over the board and versus almost everything. Now we start hearing talks from big players seeing a bottom based on the perception that the FED/ECB policy differential is now fully priced in. It’s possible, but we are specs and we believe that...