Trading EURUSD only

More than likely fallen a sleep,trying to empty the beer fridge

hehei made a decent amount in Asia and early London, enough to call it a night when im tired


its amazing, nothing takes precedence over forex... except..

SLEEP

amazing how the body can at times have complete control over the mind. sleeping never felt so good



hope green pips for everyone despite small and slow market range


random observation: limiting myself to mostly momentum trading (instead of trying to pick reversal areas i pick continuation areas) has dramatically helped my winning %

today +0.5%

max drawdown of 0.1%

good day for only trading 4-5 hours with crap movements

if you say whiskey bar i would believe you.

so what do you guys t hinking

will Ben add additional QE (treasuries this time, more meaningful) on Wednesday???

i personally would love to see a full on USD bear market again

its been too long

mark your calendars, fed rate decision comes but once every 6 weeks

Very Nice!

I like the fact you trade with divergences....

its a very powerful tool. mor epowerful than any i know, (because its a leading indicator, the only reason I got long yesterday was divergence)

tons of it on the H1 chart, also daily had a hidden starting to form

we also now have an inevitable h4 hidden bearish divergence (by inevitable i mean, momentum is already at new highs, but the price needs to pierce 1.3110 for the h4 hidden bearish divergence to become invalidated.

the likely hood of that happening is like 0.0001% (price would have to rise over 150 pips!, so i call it inevitable, and it will form eventually)

ill be back a bit later


RSI seems to better at showing divergences (not hidden), sometimes the stoch misses these (and instead you will see price fall with momentum rise, but not an actual new high or low on the stoch, its just a curve. using RSI makes these easier to identify)

Yes definitely very powerful.....
Correct me if i am wrong...you use the stoch's right?
I use CCI a lot....and Macd divrgence....

this or that way, he´´ll save us all

i used to use CCI, whatever you use, i think the low periods is the best

i posted a chart on the last post



i actually use RSI and Stoch

if a divergence shows up on either, ill trade it. if it shows up on both i might go heavier size

This is a good one!

heres a chart showing what i mean

t obe honest there was some sarcasm inside

@Rag, interesting chart with RSI and stoch 3

Yes....yes, correct my friend! I really like this style of trading...."almost" like a crystal ball...

thats a funny cartoon

i do hope its the former

deflation is far more devastating

the whole reason i hold 25% fixed income, 25% cash (USD) and 25% gold, 25% silver (physical) as my primary hedge (for capital i am not using to trade) is because i have no idea if we are going to see inflation or deflation FIRST. if its deflation, there will be major inflation following. if its inflation there will be major deflation following.


of course inflation kicks the can down the road longer, so I am leaning towards inflation but...

USD has already lost 19/20 of its value... how much worse could it get?

still with the current monetary policy by the FED, i have to remain a USD bear for now. but im pretty much perfectly hedged.

hehe yeah, it kind of is.

im off for now, see u folks

i see we think the same way
the only difference, i have my income on € side of loosing value...
€ lost about 30% of real purchase power since 2001

mirror mirror at the wall i have no idea where the price goes after all

12hour chart in euro

tg zone lifted higher of last hh...tg @2923 ,24 zone

I've reviewed my trading and updated my old risk/execution disclaimer along with my old execution rules. I'd like to start my own thread for this but I don't have any vouchers (nor do I think I deserve them yet).

I'd also appreciate feedback on this. Please keep in mind that I'm not here to sell trading signals (buy here, stop loss here, take profit here). I just don't believe that is a profitable way for people to trade long term. I'd like to meet talented coders, traders who wish to exchange ideas/seek out talent, and other partnerships in general. Nothing more. I've been at this for a long time and am willing to be an active participant here in advancing trading methodology. More about us later when there's time.

Thanks for any feedback you all put out there.

Entry Execution #1: All trade results shown are based on our lowest bid zone triggered after the first offer zone is triggered (longs), or vice versa from our highest offer zone triggered after the first bid zone is triggered (shorts). Please review the general market forecast to determine our directional bias. This is the case unless the trade is announced otherwise.

Entry Execution #2: In the event an outer offer or bid zone mentioned never triggers, and price begins to move in favor of our directional bias, a trade will also be considered triggered short if it drops through the nearest bid on a 15 minute Heikin Ashi Candlestick close, or long if it rises through the offer on a 15 minute Heikin Ashi Candlestick close. In the event this happens, price must then retrace to cover the spread before executing. If it reaches it's next bid or offer zone per our directional bias before this happens, the trade is considered void. Please see the general market forecast to determine our directional bias. This is the case unless the trade is announced otherwise.

Stop Loss Execution #1: The outermost bid or offer zone will always be used for the stop. All bid levels are valid stop loss levels (longs), and all offer levels are valid stop loss levels (shorts), and will only be stopped out if there is a 15 minute Heikin Ashi Candlestick close into the said level. This is the case unless the trade is announced otherwise.

Stop Loss Execution #2: The outermost level won't be used for the stop anymore in this case, but instead the actual execution level if a 15 minute Hiekin Ashi Candlestick closes back into the execution zone. This is the case unless the trade is announced otherwise.

Break Even Execution: Trades go break even at the first offer zone when going long, and trades go break even at the first bid zone when going short. This is the case unless the trade is announced otherwise. A break even trade also won't trigger closed unless there is a 15 minute Hiekin Ashi Candlestick close into the original execution level. This is the case unless the trade is announced otherwise.

Take Profit Execution: There will be multiple take profit levels on every trade. For example, there will automatically be two take profit levels with two offer zones in place on the chart and in the written analysis during a long suggestion. If the trade went up 50 pips, that profit would be locked in. If it then hit the next offer at zone at another 50 pips, that profit would then also be locked in. The math will work accordingly in other scenarios, with a proper division among the amount of offer or bid levels in any trade suggestions. This is the case unless the trade is announced otherwise. Please see my risk disclaimer for my view on the calculation of pips as a performance measurement.

Execution Flexibility: All take profit and entry levels are allowed 5 pips of flexibility due to discrepancies between platforms, spreads, other market inefficiencies, and our written anaylsis compared to the charting. For example, this means if we have an offer zone on the chart at 1.3035 that is a short suggestion, the trade could still be considered triggered if it hit 1.3030 and then reversed.

Execution Disclaimer: These execution techniques are currently still experimental and are subject to change at a later date.

If some of these rules seem too flexible for your taste, too confusing, or non-applicable to your trading... then please stop using my free, and high quality, trading material.The reason the 5 pip rule is done, from a technical standpoint, has already been explained. Then at times, I'm slightly off on a level in the writing, versus the chart, and vice versa. The primary reason for the execution and take profit flexibility is because I'm busy trading, and my execution methods and levels can vary on the fly as the market progresses. My systems and trading style rarely relies on a set and forget methodology. My trading revolves around flexible trading scripts, order cancels orders, and so forth. It's virtually impossible to mimic my trading through a written forecast released once a day. However, the people I'm looking to assist are not interested unless there is some sort of quantifiable performance. Think "lights, cameras, action." That's exactly the reason this is done the way that it is. It's my opinion that most people get slaughtered (stop hunts, missed fills etc.) playing the market with traditional execution techniques. If you feel you can be profitable long term from manually placing trade signals in your account from a signal provider, then you have something coming to you. The same goes for live trade rooms. You will, however, be profitable long term with a helpful forecasting guide that enables you to make trading decisions on your own. That's my goal here, and that's why I'm putting out this quality material that forces the trader to think for themselves while at the same time showing some sort of performance.

Risk Disclaimer: This risk disclaimer is not considered complete and is subject to change at a later date.

Forex trading involves substantial risk of loss. FX FUSE does not recommend trading beyond 1:10 leverage, trading for a living, or investing with unregulated, non-audited "trading professionals." Any gains advertised in "PIPS" is subject to interpretation since the value of a pip is determined by the trader. For example, if a trader raked in over 100 pips after multiple take profits, the reality is that this could really be a minuscule amount of actual account equity gained. FX FUSE is not responsible for interpreting proper risk allocations for any individual or entity. FX FUSE, or any other related counter parties, is not licensed or intended to give trading advice. Past performance is not indicative of future results. FX FUSE covers education, systems, and trading technology on an opinion basis only, nothing more. FX FUSE is not responsible for any losses incurred by individuals or entities using it's services or materials for financial gains.

#FXFUSE