I look for value wherever it can be found
Twitch Journal - Live Journal 4 replies
Forex Training: What to Look for in a Forex Training Program 1 reply
Another Trading Journal - Yuhu's Journal 16 replies
My Personal journal up 18% in 2 months going to start a journal 8 replies
Just need a Direction for Training 51 replies
DislikedClosed my AUDJPY at a very slighttttt gain. The pair is going nowhere. Not taking the risk.Ignored
Disliked04/05/2018 --- Partial TP on GBPUSD hit @ 1.35. I will do the maths tomorrow but i eyeball it around +10% gain. I just knew that cable will fall. Every single piece of data is saying so!Ignored
Disliked{quote} What happened is that the market ignored the data because they know the fed will hike next month regardless so they are just giving all the major currencies a beating minus usd/jpy. Right now there should be dollar weakness!!Ignored
Disliked{quote} Why should there be dollar weakness? The data are below expectation but theres still upwards pressure no?Ignored
Disliked{quote} LOOOOL The nfp numbers were all softer than expected. They missed every expectation. Initially EUR/USD rose 32pips but dollar bulls took charge.Ignored
Disliked10/05/2018 --- I will be greatly reducing my GBPUSD exposure nearing BoE rate decision. As I suspect that they might try to "trick" the markets into buying the pound. Since that seems like a possible solution to their unique inflation woes. If they do and the pound pulls back, great for me as I can re-enter at a better price. Else, no worries as I have already milked this baby quite alot!Ignored
Disliked{quote} Soooo... BoE sounds statement sounds slightly hawkish... But gbp sold off anyway. Maybe was my interpretation. But the recent action suggests to me that the markets are kind of skeptical of BoE's hawkishness... Probably calling their bluff. We shall see how this momentum develops in gbpusd with US inflation data next. Recent data do suggest slight picking up of inflation. Hopefully it manifests in the CPI readings.Ignored
Disliked{quote} I wouldnt say it was hawkish, but they kept policy the same. As from today I am long VS USD. CPI was bad and they are hiking next month so nothing left. Will get the odd sentiment from yields but thats it.Ignored
DislikedAs much as I am an outright anti technician. It is sometimes fun to post thought provoking charts! Here is one for all you chartist out there. {image} Below is a weekly chart of GBPUSD. As you can see we are around a level that was once a strong support level. Dating back to 1986! This strong support level has only been broken in 2016 with the outcome of brexit referendum. Classic technical analysis knowledge is that after a support level has been broken, it will act as a resistence. Will this be the case this time? Thought provoking indeed!Ignored