Trading 101

never mind lose some win more

you don't need to trade 1 and 3, just concentrate on 5 and 7 especially 5

Yes, Today I make nice return in EN, NJ, AU. Over all 3% gain today. Today is my Best day of the week. Monday was bad day. I have to be more careful in Monday.

taking 1/3 out for some profit and locked in at b/e..stress free now

if you are serious with learning bbma have a look https://fxtrending.com/bbma-oma-ally...ding-strategy/

you must have seen this if you use dynamic TL..

looks like this bugger is playing out on the monthly for a short there, just fyi it will be phase 7 which I'm waiting for the short on the bbma cycle

I took profit at 50 level,
Couldn't' get 7250 price move up 1 pips

The New York Fed president John Williams is speaking and tilted more toward the hawkish side:

1. We are seeing broader based increases in inflation
2. Even after taking into account basic facts, we have seen a pickup in underlying inflation in the US
3. Long-run inflation expectations reversed earlier declines and are at levels seen in 2013 to 2014
4. Supply constraints are a major factor on the labor market and supply chain bottlenecks
5. Feds framework is well suited for this because it starts up from the point of making sure inflation expectations are anchored at 2%
6. The economy is going back
7. higher inflation is making it more expensive to put food on the table
8. Fed's focused on making sure there is a strong healthy economy with low and stable inflation
9. The rapid development in the crypto currency space and stable can provides opportunities for positive effects, but at the same time financial stability risks can be identified in that space
10. cyber risks to the financial system are not going away

Dow industrial average is trading down -153 points. The NASDAQ index remains positive by 30 points. The S&P is currently up 4.64 points.

On November 12 Williams said:

1. There are segments of the labor force that are more protected against inflation and others less so
2. People on fixed incomes are less protected against inflation
3. Fed officials have to understand the effects of climate issues on financial stability in terms of supervision and regulation
4. Fed officials are focused on inequality and equitable growth because they are important to the economy

I was up nearly 50 pips but price came down and took me out..I'm looking at the monthly to play out and so will only long and not short

Remarks by ECB executive board member, Fabio Panetta

 

1. Digital euro would enable people to continue using central bank money as a means of exchange in the digital era
2. Digital euro would also allow users to benefit from high standards of privacy
3. ECB to investigate the key issues related to the design and distribution of a digital euro over the next two years
4. Digital euro will be designed to be an efficient means of payment, but also to preserve financial stability
5. We expect to narrow down the design-related decisions by the beginning of 2023 and develop a prototype in the following months

It looks like they are looking to put a firm timeline on the matter and one can expect that if other major central banks are stepping up their game, everyone else would also want to join suit so as to not get left behind.

everythings be alright now

taken one entry off for 31 pips and locked in the rest at b/e,,,,stress free. I have also taken another third off EA....back later for Sydney

I forgot to update this pair,,the monthly is playing out

I don't trade BBMA, I use only MA.
buy I will read about BBMA

Good morning, very quite market today, No trade so far,

Observing BBMA In day chart, You know I am not BBMA trader, Just out of curicity observing and reading different strategy.
Look like a setup to me, Pips29 could help you with that he is active BBMA trader as far as I know.

I can see there is a level, price could react from this area.

profit taken

Gbpusd Sell, hit tp15 pips

locked in at +55

It's Friday and it's a scalping day ,so put on your scalping cap, just taken