Are you a winner?

Most technical indicators , use a default setting that is never going to be forward looking and able to respond to ever changing cycles.

Thats why junior or not so junior traders find something that works, late in the current term of volatility, and are making money, then all of a sudden they are not, then swap to a new system and the same happens again year after year.

Thus the only solution is to trade in a such a way that allows your trading to breath and work with, not against the market.

At traderjackkiss I trade fx using fundamentals as the drivers and price action for the value entries.
I am trading funds for a proprietary trading house - but share my daily analysis in the group.
Up 52% YTD, fully transparent results... it works.


Join the team for a free trial and start on a winning journey today
https://web.facebook.com/groups/tjkforextradingpremium/

Bank Analysis
Trade Ideas
Daily Webinars

A photo below of me on the Singapore futures trading floor back in the day.

I take it your full of grey hair now

A bit of salt and peppers on the edges. Lucky I was the young looking one at school, which of course you hated at the time.
49 now

Nice to see another fundamental trader here. Not many of us around.

That's it - like the market and everyone on the one side of the boat, it may be a good thing for holding your edge- but I hope a few more come round and enjoy the fundamental learning.
(For anyone looking at the thread, I suppose that's what many of my members want from me in the 10min daily webinar- the fundamental wrap - so they get it...and learn to)


As I said yesterday to them while delivering them the screenshot below...if you want to trade blind ..good luck.

(Sweden inflation miss- but they will probably still hike in Dec):-)

Talking about fundamentals and hiking for anyone listening.

I am long CADSGD.

All the banks seem to be talking up the oil implosion as a reason the Canadians will not hike on the 5th Dec.
Reserve Bank Governor Poloz has never shown any interest in this, its an inflation/normalization story for him.

So with under 3 weeks to go before the meeting on the 5th of Dec and the Cad being under some pressure of late.....

If you want value you may just have a trade.. :-) Long CADSGD

Maybe a good example for new traders interested in fundamentals.

One issue that could affect cad is usmca and the oil pipeline that the senate have put a blocker on. Oil demand is more or less still good although seasonally weaker this time of year. I am also bullish cad i am waiting for a catalyst.

cheers
BOC Wilkins chatting next week, Wilkins will probably get the market in the right frame of mind pre meeting.

But I see wti's 7% breakdown on tuesday , as the catalyst , large swap hedgers when the horse has bolted and Canadian Oil setting at recent range lows of 15 at the same time.. Spells exhaustion for me...though the Cad hasn't snapped back, still weak, you may want to see some strength first ...but you may give up a bit to get it...
On these type of trades I am happy to stand in front, with a reasonable stop..... and a value level.

Interesting reaction in crude to the oil numbers today.