Axis Trading and Management

Hello to All

This thread is about Trading and Management!

1. Trading

Here I will post some of my trades or my plan for trading.
My trading is based on many years in front of charts and readed books. The main method of trading is to follow the fundamental trend. I call the Fundamental trend the one drawn on monthly charts.
The tools I use are my intuition and some indicators that are in this forum and are publicly available.

1. Management

As a founder of my project Axis TM I offer account management. If interested, you are welcome to ask!

Kind Regards!

Pair that I am watching USDCHF
1. we have low diff - this mean the pair have no clear direction yet
2. low doff again, but CHF is little bit stronger thant USD
3. USD and CHF are strong. One of them must become weaker, and this must be USD based on point 2.

I am in, 16 pips SL, max Tp 90 pips

Another good pair to watch is USDJPY. Some traders may be are selling already, but I will wait for confirmation, when they change places. Tomorrow (red news for USD), or will w8 till next week.

Kind Reagrds!

The problem for trading against USD at the moment, is that futures market can make a correction, and most of the time USD have negative correlation with market, so usd my become stronger. Thats why is good to use Stop LoSS and money management rules!

So, i am out with some profit, will w8 for another short trader here In USDCHF

Regards!

Pair to watch - EURGBP - will take the next first signal - short or long...

So nice move for JPY, did not sell USDJPY, but NZDJPY, because its massive JPY profit taking on short positions, no matter where u will play. Take some profit already, SL at zero for now. will see tomorrow.




from now its SELL USDJPY mode, until they change places again. will si till end of this week we will know for sure. Today is monday and next days will may see a correction of this moves.




Kind Regads,
Vlad

Thats all for today - selling AUD 2 trades = +1% gain.




Current open Long EURGBP. As I said EURGBP is in my watchlist. Even if trades hit SL this pair i is still in good position for trading in near future.

AUDCHF
AUDJPY

EURNZD
H&S

EURAUD Flag