Nordling's Legacy - Live Fundamental Trading

It's possible this move we are seeing today could be a bear trap. If not, then I believe we could eventually see it go as low as 1.17189.

US Government bonds 10 YR Yield are dropping, that is why we see USD dropping.

USD CPI positive numbers 0.9%. US Yield bond jumped up today good news.

https://tradingeconomics.com/united-...ent-bond-yield

https://tradingeconomics.com/

US economy doing better. EURUSD bearish. USDJPY, USDCHF bullish.

Facts:

We could see real estate crash by 30% in Canada by 2022:

https://financialpost.com/moneywise/...-crashing-down

Good book:

https://www.amazon.ca/Art-Currency-T.../dp/1119583551

https://www.linkedin.com/in/brent-donnelly-98321187

How Forex Market Works:

- Short term price action is generally random. Medium/long term price action is less random, and more predictable.
- Banks Focus: Value(Demand & Supply), liquidity & slippage(Accumulation/Distribution).
- Banks & Market Makers use our lack of knowledge, discipline, impatience & expectations against us.
- Value(demand/supply) will eventually be revealed over the medium to long term.


What makes market move?

- Forex - Interest rates, inflation, GDP, risk sentiment
- Gold - Risk sentiment, US dollar, global supply & demand
- Oil - Global supply & demand
- Indices - GDP, risk sentiment
- Govt T Bonds - Interest rates, risk sentiment
- Stocks - Fundamental factors based on companies earnings, and profitability from producing and selling goods and services

https://edition.cnn.com/2021/07/21/e...omy/index.html

1. Haven't see anybody on FF thinking so clearly and putting it so concisely.


I am a founder of a non-profit academy teaching elderlies and pensioners on ways to generate passive income by trading futures and futures options in a controlled way. Now I am teaching them portfolio or basket trading to have a maximum drawdown of 5% at any time.

The concept is described here:
https://www.forexfactory.com/thread/...1#post13567631

For this exercise, CJA has kindly coded an excellent dashboard at my request which will be used to build diversified portfolio or a basket for manual and mechanical trading.

https://www.forexfactory.com/thread/...6#post13636156

2. May I request you to (whenever you have time) describe the drivers concisely as well as with some details (similar to your pdf file) for all groups of instruments offered as CFDs on mt4 or mt5.

Forex: you have done it brilliantly.

Equity index: (general principle)
Precious metals : gold, silver, platinum
Base metals copper, lead, nickel, tin, aluminum, and zinc.
Energy: Natural gas, Brent Oil, WTI
Agricultural commodities: cotton, corn, cocoa, coffee, sugar, soybean
Treasuries (general principle)
Interest rate futures (general principle)
cryptos (general principle)
Stocks (general principle)
Volatility Index like VIX, DXY and in general volatility based indexes

Thank you

EURO dovish. Interest rate stays at 0%.

https://www.ecb.europa.eu/press/pr/d...3b436b.en.html


EURUSD bearish.

https://www.forexfactory.com/news/10...egy-on-climate

USD previous GDP was 6.3, now it is at 6.5. Lower than the forecast but still better than the last time. This week has taken USD down, but from fundamentals analysis, it should turn and go up possibly by next week. Trade safe.



The US economy advanced an annualized 6.5% on quarter in Q2 2021, well below market forecasts of 8.5%, the advance estimate showed. Growth was driven by increases in personal consumption expenditures (11.8%), namely services (12%) and nondurable goods (12.6%) as vaccinated Americans travel and engage in activities that were restricted before. Nonresidential fixed investment (8%), exports (6%), and state and local government spending (0.8%) also increased while contractions were seen in private inventory investment, residential fixed investment (-9.8%), and federal government spending (-10.4%). Imports also increased (7.8%). The rapid spread of the coronavirus delta variant, supply-chain disruptions, shortage of workers and a cooling housing market are seen weighing on the growth for the rest of the year. The Fed sees the economy growing 7% in 2021 and 3.3% in 2022. source: U.S. Bureau of Economic Analysis

Hey guys, it's been a while. I was working and traveling. You know enjoying summer, family vacation and stuff. I didn't really have the chance to be online.

So as you know, i had GBPPLN sell and USDCHF sell positions. Let's update them and share the results & new trades.


USDCHF Sell: Closed in Profit



GBPPLN Sell: Closed in Loss



These were the last month's trades. Now let me show you my ongoing August trades.


USDCHF Buy:



GBPUSD Sell:

Attached Image (click to enlarge)

ALL IN PROFIT FOR NOW, AUGUST LOOKS GOOD

By the way, it looks like i am not going to be as active as i used to be in the forum. I check FF often since i track calendar and news etc. though. I suggest using Trading Economics' Calendar since it has more countries and it is more customizable though.

The reasons why i won't be that active are:

1. I am working and my uni is going to open soon.

2. Tired of dealing with ignorant, stubborn people. They don't worth my time.

3. Teaching stuff is cool and all but i get nothing for doing it except some ease of conscience. It doesn't make me money and it is time consuming and tiring. I came to this forum to help out newbies and protect them from ignorants, bullshitters, scammers but dealing with all of these are like dealing with every fish in the ocean. So it's a waste of time.

Yes, fools outnumbered us but that's actually good. My profits have to be someone's losses. So i love fools, they are the reason why i am winning 70-80% of the time. They not just provide me profits in forex but they also sell their houses, cars, stocks for cheap prices in financial crises which makes us even wealthier. So we need fools. Educating them won't be profitable. They should go get 9-5 jobs and take 30 yr mortgage loans. God damn next year FED's gonna raise the rates in late 2022 but majority of people are taking mortgage loans like crazy believing in 2022-23 real estate will be even more expensive What a joke

Those who think i am heartless, rude, offensive and superficial should go get a job in McDonalds for the rest of their life cause that's where they fucking belong. There's no way they can achieve success in financial markets without thinking outside the box and the crowd. Capitalism is the natural selection in these concrete jungles that we live in.

This is exactly what is happening here in Canada with real estate. Prediction is that the prices will fall down by about 30% by 2022. But when I say something like this, majority of people here are like no way, it is never going to happen. But according to fundamentals it will happen. Trade safe.

https://www.bnnbloomberg.ca/real-tim...-hit-1.1638794

Opened a XAUUSD short position last night during Wall Street close.

XAUUSD Sell:

Attached Image (click to enlarge)

Let's see how that goes.