All is possible! I'm not going to put my self in a position of trying to predict what may be the trigger. What I'm seeing based on probabilities & previous/historic market reactions is that the current values we have mainly in CHF, JPY, & GBP are ...

Started warning about CHF around end of Oct, EURCHF was at 1.0850, we've been drifting down since then & we are currently at 1.0750 Here's the update from Nov 10 that is still in play: ""The way I see this playing out is the following: CHF pairs ...

1- AUDNZD: Nothing changed, not much of movement. Targets remain the same. 2- EURUSD: 1.0547 cleared from the downside. The last low we had was 1.0517. This is most likely not going to be the bottom, since after clearing 1.0547 a new downside target ...

Yep, I believe so. A rate hike in Dec shouldn't surprise the market 1 bit, but a 'no rate hike' would be quite a big surprise. Personally, I would be more interested in their projection for next year.

Leveraged short term traders trade short term setups with pre-defined SLs that fit with their MM rules Leveraged short term traders do not trade medium/long-term setups

1- AUDNZD: Target remains @ 1.0250 200 more pips to go 2- EURUSD: As discussed, 1.0830 got cleared. One more target to the downside: 1.0547. Will re-evaluate once 1.0547 is cleared if some more downside is to be expected. Targets from the upside ...

I'll hopefully make a detailed update over the weekend. Here's a quick update for now: 1- AUDNZD: The pair was at roughly 300 pips profit from the last update, but it retraced almost half of it. Target remains the same. I still see much more ...

I said it when we were trading at 105.25, and I repeat it now that we are 200 pips lower @ 103.25: There is a 95% probability of UJ going below 100 before 110

Usually the market doesn't reverse on me before giving a new equity high on each cycle. That being said, the USD weakness should continue as projected. While others scratch their heads & wonder why this is happening after the market moves, we sit ...

150 pips done, another 250 to go Currently trading at 1.0490, target remains at 1.0250.

Just a quick, yet very important reminder! Do not underestimate the next coming move in CHF. Take the necessary precautions & trade safe

4 Main points to be discussed right before a very critical market move that you're going to be witnessing very soon: 1- USDJPY I know it looks very tempting for a lot of people to be buying USDJPY following recent up-move. Well, after all UJ has ...

Glad to see someone talking about this! It puzzles me how the current CHF situation is not picked on by mainstream financial media. Reputable prime brokers have been hiking margins on CHF pairs in the last couple of weeks, while the regular ...

Current DD peak still lower than all of the previous ones that preceded it despite the relatively large downside move on EU & the move up in UJ. This at least shows that the risk is still in check & is being managed quite well in order to eventually ...

As I mentioned before, I was hoping to kind of skip the DD cycle this time around & hopefully just ride the profits train without any DD. The market had another opinion, and seems to want me to work more on my timing. As you can see below, I did ...

Bias remains strongly bearish on USD. I know this sounds crazy given the recent EU lows & USD Index highs. But as I always say, gotta stick to my system & it's just a matter of time before the market comes back to my targets on its own. Have to ...

I believe that there's much more JPY strength to come. It's annoying to be forecasting something that is the opposite of what the central bank & government want from their currency, but in the end it's a market makers' game , and looking back in ...

** My answers to your questions will be based on the recent trading style/system that I’m sharing the results for on this thread: How will you be using lots - constant or varying? For the moment I’ll be sticking with constant lot sizes Will you be ...

Coming from this background, I started spot fx trading in GBPJPY a year ago. Employing no stoploss, for adverse positions, I averaged them by using constant lots at every 200 pips drawdown up to 5 times and made lucrative profits ultimately when the ...

Hi Fx-Jay, Hey Simnz, Sharing your current real test account will be great. I thank you for responding to my request. My pleasure. Apologies for the late reply on this one though. I am relatively new to fx spot trading. My major experience is with ...