Linzaroo's Transition From eToro To Darwinex

Juraj, everyone is an investor in their own right, however, I would STRONGLY advise to resist the temptation to double leverage, especially during times like these when our drawdown has more to do with world events beyond our control. This Coronavirus ordeal is effecting EVERYTHING in the markets. I feel safe knowing the Swiss and Japanese will not stand for continued strengthening of their respective currencies and will ultimately do something to thwart the drove of speculators artificially driving up price. This hurts their economies by making it more expensive to sell their goods throughout the world market. Something will give sooner or later BUT, being safe is paramount Juraj. We will recover most certainly but, let's be safe, just in case we suffer any further drawdown from events that are beyond our control xxx

One important thing to note is that last week, price gapped against our favour in most of our positions. We went on to have the worst week in years!
This week price gapped in our favour! Hopefully that will signify a carbon copy reversal of last week's performance xxx

TOUCHDOWN Kansas City! Woohoo!!!

Yeah baby! Kansas City Super Bowl Champs!!!

Wish i could have watched it but it was played after midnight here and i had an early wake up.

One of the MOST entertaining Super Bowls EVER Shalel! Hubby and I did VERY well with a cheeky little punt too! Not normally a gambler but, events like these are irresistable! xxx

Sounds like i missed the best one. Well maybe next time

Decent recovery so far today folks and it is quite reassuring to see it continue even after the London market close, where things often start reversing at least a touch. Not totally convinced that all systems are go though so I still will NOT open new trades until I can have a bit more certainty regarding the overall health of the markets. A few things going in our favour at the moment is the rise in Oil, which will help strengthen our CAD and NOK strengthening positions. Also, Australia kept their interest rates at status quo. That should bring folks back into buying AUD. Data for NZD will be released tomorrow and if positive, I think we should start running away with things. AUD and NZD seem to weirdly draw off each other's news events.
Another interesting situation we are witnessing is that NOW... FINALLY.... Brexit is a done deal! Things should slowly start returning to normalcy within Europe...at least until France, Italy, Greece and Finland start clamouring for seperation! Lol! xxx

No questions, then I am going to bed folks. Love yous all! xxx

No questions here. Just watching it move again in our favor. Lets see what tommorow brings us

Again, another decent recovery day. I expect the same for tomorrow and then a bit of reversal for Friday. Hope you are all having a great trading week. I will perhaps begin reopening trades next week. Love yous all! xxx

Looks like it's gonna be a back and forth NOTHING day folks
One bit of good news is that we were finally able to close in profit our long running EURUSD short, opened on the 10th of September, 2019. This further lowers our overall exposure. I perhaps may enter a new trade before the end of the week if I get a signal. Things seem to be settling down a bit now considering the market irregularities of late. My confidence in more predictable market behaviour settling in is growing day by day xxx

Folks, took a bit of an extended weekend and have refrained from making empty projections of what our price is going to do. I know things will ultimately go in our favour but, when and how quickly considering the economic climate at the moment is beyond anyone's guess. Even all those pundits that release articles, supposed experts, don't know. They simply don't
We're recovering slowly but, recover completely we will. Forgive me if I sounded a bit like Yoda there. Lol!
A lot more faith is returning to AUD and NZD and CHF and JPY have been "safe havened" to death! If our price retraces a bit late Thursday to Friday, I don't think it will be a continuing reversal and I believe it would be limited.
Lira is one of the elements in our basket that is always going to cause us drawdown. It is a key element though because it is a REALLY good positive swap hedge. No matter what it does, we shall make awesome swaps until TRY trades take profit...pure and simple. Good day, good week, good month so far. Don't wanna brag because we are SO off the mark from where we were before Christmas...all I know is we will NEVER lose ground! Closed two trades in profit today just to get rid of the old data that they were configured in. If a trade i enter misses the mark, I want to close it as soon as possible so that I can look to reenter with fresh configurative data xxx

Initiated a short on GBPMXN with a TP at the previous swing low. Had five other signals but, they were all trades that we are already engaged in so, hopefully this will mean that those trades will continue to help our overall position xxx

Entered 4 scalping trades today my peeps. One took profit while you were sleeping while the other 3 are still working their way to take profit. The US is out of the mix today due to President's Day in America being a bank holiday so, we aren't getting the added push to put these babies into profit as quickly as I would like
Quite sure they will take profit soon. Until our drawdown rescinds a bit more to an acceptable level, I will ONLY engage in "in and out" sure trades.
Hope you all had a fantastic weekend. I predict a fantastic week! I will focus on SHOWING and not telling xxx

So far today, we were able to close 4 trades in profit regarding our scalping measure. Longs on USDCHF and CADCHF and shorts on EURGBP and AUDCAD. This will be a VERY effective counter to any drawdown we might suffer as price trhoughout the sine wave goes back and forth. After a considerable recovery last week, I was expecting a bit of a reversal. Using this technique, and winning 7 out of 7 trades quickly, we were able, so far, to add an additional 1% to our net cash. Although this has NOT yet outpaced our drawdown for the week, there will be a time when it will. I have engaged another partial short on EURNZD that is still open and will be checking every hour as well as 4 hourly and daily for signals.
Hope you all had a relaxing weekend! Even though we are down a touch so far this week, I have EVERY expectation of a VERY profitable one! xxx

Folks, as you are all well aware, our good start to the week turned to a SHIT end of the week due to late Thursday and Friday speculative submissions. No one is more disgusted regarding this fact than me. This is our third time to rise again to only fall back and this has everything to do with fear in the markets. An interesting article from ING bank can be found here https://think.ing.com/articles/g10-f...r-the-highway/

Our fluctuations now will be considerble because we are nearly fully engaged with most possible trades within our basket. It shouldn't fall drastically to the negative side though because the overwhelming majority of trades we are engaged in, are over sold/bought in our favour.

I have quite a busy weekend. The hubby and I are attending a boxing party tomorrow featuring Tyson Fury and Deontay Wilder. WoooHooo! Nevertheless, I will afterwards endeavour to provide you all some analysis so you can see just what I see in all of this. Remember, we trade LONG term so, short term blips and anxiety traders matter NOTHING to us!

Hope you all have a lovely weekend. Any boxing fans amongst you, PLEASE tell me who you pick? I personally think Tyson Fury is one of the MOST tallented boxers since Muhammad Ali! xxx

OK folks, back from my party. What an AWESOME fight and my fave Tyson Fury won the day, just like I predicted. Now, let's hope, more importantly, my FOREX predictions for this week come to fruition as well! I am certain that they will ultimately BUT, we need them to "hurry the hell up"! This back and forth is driving me MAD... as I am sure it is with all of you as well.

Now, the charts I will share are of the same nature as I always share. The Linear Regression Channel is a solid indicator that most of the time will guide us with a high level of probability what the markets might do from a technical perspective. Unfortunately, of late, we have been blasted by fundamental aspects of the markets. Fundamental stuff (news and current events) is most often temporary though and all markets cannot possibly go against us all at once so, our drawdown certainly has limits. Hopefully the limits have been reached.

It is late for me here so I am not going to waste time drawing arrows or making notations on the charts. For BUYS we want the LRC to be pointing up. Regardless of the slant, if price has reached the bottom of the channel we should expect price to go UP, even if momentarily for down slants and even more so if the channel is trending up. The reverse is true for our short positions. Such, we wish to see the channel pointing down and price nearing the top of the channel bands. Remember too, we are trading a basket of currencies. We don't need them ALL to be going our way on the 4 hour chart... just most of them.

I will post the 4 hour charts of ALL our positions now without commentary and will add comments later today. Just too sleepy folks
Will do buys first followed by sells xxx

BUY GBPJPY

BUY USDSEK