Linzaroo's Transition From eToro To Darwinex

Bugger the yen, WTF is happening with the Turkish Lira, when i lived there I was lucky if I got 2.5 to the GBP, now it's well over 7

Lol! Ah Chiang, the Lira is notorious for running away from the mark. Just have a look at the monthly chart of TRYWCU that I have shared below. WCU (world currency unit) is like an index of many other currencies that are weighted due to their global significance https://en.wikipedia.org/wiki/World_currency_unit .
I know that the Lira most certainly appears to be in a constant downward spiral but, there's nowhere else to go but up! Huh? It is perhaps my most valued currency set within my basket of trades. It pays the most in swaps when going long on TRY strength and, it is historically OVERSOLD! Perfect! I assure you Chiang that I will never enter a TRY trade that won't take at least minimal profit sooner or later, all the while making interest until it does. I assure this by only ever entering when TRY is oversold and has established a Transient Zone https://www.forexfactory.com/showthread.php?t=434603 . Once I enter, price is OVERWHELMINGLY likely to revisit my entry...even if it initially goes wildly against me xxx

OK folks. London and the major European markets have closed now. The beating we have taken should be well and truly over now and until the market close for the week, we should continue to recover...remember the Candlestick analogy? Will we be able to end the week in profit? We COULD still do so. Remember, price is moving so wildly now because we have nearly all of our possible pairs within the basket engaged. xxx

Fellas, I am awake for a little while longer if anyone has any concerns. C'mon! We just took a shellacking today. Anyone? xxx

OK my loves, going to bed now then. Fear not, I assure you that we will continue beating the market over and over again! We're smarter than the market! All these speculative traders may drive things for a short moment in time but WE own the market! We are ALWAYS strong and resilient. Always! Goodnight my loves. Tomorrow will be a good day, I am quite certain. xxx

I am waiting to see whats comming and hope next week will create alot of fun watching the market going up for us.

One thing i am still trying to find out on Darwinex is how to see how much i am making with swaps. I know i can see investor swaps in the monthly or annual tax report but thats only after the month or year and i cant find another way to see it as the month is running. Anyone knows a way or is it only after the month is finished?

I don't know how to help you there Shalel, that being on the investor side of things and all. I can assure you though that we certainly are receiving swaps. They aren't NEAR as good as I would like and I am certainly confronting them about that fact in their Community forum but, I assure you we are receiving them. Remember too, this is an mt4 trading platform and as such swaps are added differently than they are with most web based platforms like CMC Markets, Oanda or even eToro. On those platforms, swaps are added directly to your net cash amount daily. On mt4, which is what we are concerned with now, swaps are added daily directly to your running positions. Have a look at the pic below at the far right collumn. The absolute profit from these swaps are NOT realised though until the positions are closed and I do not close a trade until it is in profit. As you can see with that particular long running GBPTRY trade there below, showing £29.59 in current swap profit, it is quite likely that when I finally am able to close that trade in profit, I may only make about £1.50 of profit in acutal pip value from movement BUT, I could possibly make £50-£150+++ (unlimited even the longer the trade runs!) in swap profit upon closing! That's why my stats here on Forex Factory aren't quite right as you might have noticed because they are only factoring in profits from pip value movement and NOT the added profits from swaps, which they are not able to calculate. Hope that all makes sense my friend xxx

Thank you for youre answer. I know we are getting swaps but i can only see how much i am reciving after the month ends and when i download the tax report. I was hoping there was a way to just look it up on the webpage like rebates. Maybe its a feature they still have to add. I will try and search some more about it

My goodness what a game of tug-of-war! Sheesh! Our price wants to go up and hopefully we can get a more convincing movement before the Americas chime in in hour and a half. Fingers crossed my peeps. We still could end the week in profit xxx

Folks, my sincere apologies. Unless something phenomenal happens within the next hour and a half, we will end this week in the negative
No excuses, my entries were wrong in almost every instance. The markets just aren't behaving in a predictable manner. That sucks but, it's something we have to deal with. All positions are secure and we have a full week to extend our gains for the month. We suffered a -0.01% loss last week and this week is left to be determined.
We will always be strong in our positions! Hopefully we will end the month strong on the final week. Lots of love, and I wish you all a happy weekend! xxx

Up for the month and up overall !! Better than I was a year ago on another platform thanks for all have a great weekend!!!

Thanks for your understanding Tony. I DETEST losing though. Two weeks of digging into our established profits makes me ill
We will extend our gains for the month. I am quite sure of it xxx

Dear Linda.
I don't know if you remember me, I used to copy you at EToro and have missed you, you were always so nice to all of us.
I am delighted to have found you here and registered on this platform. Is there any way of copying you here? I find it difficult to find my way around this website...
All the best
Christiana

Hi Christina, welcome
Forex Factory is Linda's home for market discussion and Darwinex is where she trades. If you wish to follow her you can do so by copying her Darwin named HGF found here for free on the Darwin exchange.

Folks, we got hammered a bit from the opening of markets today but, things should start recovering nicely to continue the week. We experienced unfavourable gapping with at least 11 of our positions. That is mostly due to the AUD and NZD markets being closed today as well as the pending Coronavirus scare that continues to worsen, driving speculators from currency sets that are often referred to "risk on/off" sets...CAD,NOK, AUD, NZD, MXN, TRY, ZAR, etc. When markets seem risky, speculators often liquidate their positions that are NOT one of the three safe havens, ie- CHF, JPY and USD. No matter WHAT everyone else does in panic liquidation, we HOLD until the panic is gone, then "clean house" all the way back up once confidence returns to the markets...making interest on each position all the while.

We have a grand total of 15 of our 19 overall positions already engaged, with 4 pairs and few partial sets left to be entered. What I will do now is provide a bit of analysis on all 15 of those pairs so that you all can get a better understanding of what to expect over the next week to close the month.

On these DAILY charts I will place a RED X to show where we suffered unfavourable gapping to start the day. As you may all be aware, I often use the Linear Regression Channel to assist in predicting where the market might move. If the channel is pointing UP, the trend SHOULD continue up, reversing back and forth as it reaches the limits of the upper and lower bands. The inverse is true and often demonstrative of a market trending down. Neutral markets without an established trend price is expected to simply continue up and down roughly to the limits of the respective bands. I will place GREEN arrows all the way to the LIMIT to where I anticipate price to go in our favour and I will place RED arrows all the way to the LIMIT to where I anticipate price to continue to go against us.

I hope this will give you all a better understanding of what to expect over the next several weeks. As I have mentioned MOST of our positions are set to explode in our favour as I will now demonstrate with the charts to follow this post. Please try and refrain from commenting until I supply all 15 charts so that this analysis has continuity. Hope you are all well my dears and had an awesome weekend! xxx

The first chart is for short EURCAD. It gapped unvavourably for us today but, I expect it to continue down at least until it touches the lower band. By that time we will have already taken profit on that pair.

Our short EURUSD trade is a bit of an enigma. LRC has it trending on the daily chart BUT, it is trending down strongly on MACD. It gapped unfavourably for us today but, we are REALLY close in taking profit on this VERY long standing trade. I expect it to start going against us if we don't take profit on it soon...I say 50/50 on this one peeps.

Our short GBPTRY (Dual positions) I expect to continue down as it has NOT yet visited the lower band of the channel. It is indeed in an UP trend regarding both LRC and MACD but, so long as it does not break Friday's high, it will be established as making lower highs and higher lows...that is when trends often reverse.

Not a care in the world regarding our long standing buy GBPCHF position! UP!

Our long AUDCHF is trending down on LRC but, MACD is showing signs of exhaustion and most importantly, it has reached the bottom of the LRC. It's unfavourable gapping pushed it WAY into oversold territory on nearly all charts. I expect it to go up over the next several weeks.