Baruch's Forex System Journal

Status
Not open for further replies.
Quote from Baruch:

OK - it's OK to trade TA, but it is the news who makes the big swings. We need to forecast what will happen before it happens.
It's difficult to trade the news the old way - the brokers know our game now, and they send the stop hunters against us. We must be a head before them.
More...

i agree.

what do you think about short usdjpy? (the trend is not my friend in this one...)

holding short eurusd from 1,1900, now +83
 
Quote from rax:

i agree.

what do you think about short usdjpy?

holding short eurusd from 1,1900, now +83
More...

Well done. I like your riding the winners. I wish I had not gone out of my short with "only" a 30 pips gain.

Short usdjpy? Maybe.
 
Quote from Baruch:

Well done. I like your riding the winners. I wish I had not gone out of my short with "only" a 30 pips gain.

Short usdjpy? Maybe.
More...

maybe? could you be a bit more specific? of course it would also be a bet against my short in eurusd a bit, but i think about closing this one and go into short usd, maybe against jpy, eur, chf.

but right now, short eurusd is moving nicely.
 
Quote from rax:

maybe? could you be a bit more specific? of course it would also be a bet against my short in eurusd a bit, but i think about closing this one and go into short usd, maybe against jpy, eur, chf.

but right now, short eurusd is moving nicely.
More...

OK, but I don't follow the yen (or Nikkei) - that's the reason I'm only saying maybe. The same with CAD and AUD.
 
Baruch,

In what kind of a situation would you take a trade without waiting for the MOM to cross over the 0 line?

I know you say "Depending on the market" a lot, but what exactly do you mean by that?
 
Quote from Baruch:

OK, but I don't follow the yen (or Nikkei) - that's the reason I'm only saying maybe. The same with CAD and AUD.
More...

ok, i think cad and aud are more influenced by the commodity story, with china saying they try to cool down there economy a bit and by this reducing the demand of commodities.

i will keep an eye on usdjpy
 
Quote from Jetheat:

Baruch,

In what kind of a situation would you take a trade without waiting for the MOM to cross over the 0 line?

I know you say "Depending on the market" a lot, but what exactly do you mean by that?
More...

Hi Jetheat,

When news are moving the market.
 
Quote from rax:

ok, i think cad and aud are more influenced by the commodity story, with china saying they try to cool down there economy a bit and by this reducing the demand of commodities.

i will keep an eye on usdjpy
More...

OK - but then it must be more easy to predict cad and aud? You just have to follow the commodity prices?
 
Status
Not open for further replies.
Back
Top