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micmic commented Sep 22, 2022Interesting that SNB started selling CHF just one hour before BOJ started buying JPY. Everything was agreed between the two banks.
Japan Top Currency Diplomat Kanda: Took Decisive Action In Forex Market
- micmic replied Mar 19, 2020
As soon as I have an answer I'll post it here. I'm not new to this, I have more than 10 years experience with various brokers and platforms. I have done my fair share of stupid mistakes but this wasn't one of them.
Experiences with FxPro
- micmic replied Mar 19, 2020
I closed it with a small loss, but that's not the point. I was ASLEEP at the time the order was placed. The order was a market order placed around 2:00 AM and I slept at midnight. My computer was shut down. I have MT4 installed in 3 other computers, ...
Experiences with FxPro
- micmic replied Mar 19, 2020
Very unsettling experience with FXpro today. I woke up to find an open order in Gold which happened when I was sleeping. Nobody else has access to my computers and accounts and I found absolutely no signs of any hacking or remote login. It was not a ...
Experiences with FxPro
- micmic commented Nov 22, 2018
I don't see anything particularly unusual. There wasn't even a spike in the opposite direction before the movement. For intraday traders who place small stop losses and try to catch rather big moves, this was actually very good. The reason for the ...
The leaked Brexit declaration
- micmic commented Sep 11, 2018
Why all the surprise? This is how price moves and has always moved. Periods of ranging, periods of trending, unexpected bursts and so on. An idiot's comments or a news release are nothing but triggers to a snowball effect, augmented by algorithmic ...
EU's Barnier: Getting Brexit deal is 'realistic' in 6-8 weeks
- micmic commented Oct 12, 2017
I wonder how much GBP will move if Barnier states what he had for breakfast or what movie he watched last night.
Barnier may offer UK 2 year transition stay in EU market
- micmic commented Oct 5, 2017
The interesting (and predictable) things about this are two: 1) The timing of this announcement that ensures BDI friends and personal friends of its president Dieter Kempf will have enough liquidity to ensure some healthy profits. 2) The completely ...
Germany's BDI: German firms in the UK must make provisions for possibility of very hard Brexit
- micmic replied Aug 16, 2017
In my pre-previous post I already said that it is possible (although not probable at all) that one will gain something from even the worst trader/teacher in the world. In the post you quoted, I didn't comment on whether a bad trader may be able to ...
"good traders trade, bad traders teach"
- micmic replied Aug 16, 2017
The thing is that with coaches you already know what kind of players they were. It's not like they keep their credentials secret. Now, how many trading teachers will tell you that they aren't making any money from trading or that they are making ...
"good traders trade, bad traders teach"
- micmic replied Aug 14, 2017
First of all we have to define what a "successful trader" is. For some, it is an amazing feat to have 20 consecutive years of annual returns around 10%. Is this possible ? Absolutely. Is such a trader also probable to teach on the side ? Certainly, ...
"good traders trade, bad traders teach"
- micmic replied Sep 11, 2015
The only people worth paying to teach you how to trade would be those who don't need your tuition fees. The only thing most successful trading teachers could teach someone, is how to teach and not how to trade. If someone hasn't been consistently ...
"good traders trade, bad traders teach"
- micmic replied Dec 5, 2014
Ok, I admit I'm bored to regularly update this thread. Maybe if I post an explorer and challenge myself... But anyway, this event is worth mentioning: I just moved my SL to a place which guarantees that my (still open) GBPNOK trade will be my most ...
Three-toed Sloth trading
- micmic replied Sep 19, 2014
I may lose 200 pips in a trade and don't mind much. But in other trades I may lose a single pip and keep cussing until the next day, because it was SO stupid!. Like in that NZDCAD trade, I only lost 22 pips (plus the downward move that will follow, ...
Three-toed Sloth trading
- micmic replied Sep 19, 2014
Let's recap the last two days (in parentheses the closed trades, in bold the open ones): EURNZD L: (-28) EURMXN S: (-50) CADCHF L: (-17) CADCHF L: (-26) USDCAD L: (-19) AUDUSD S: (-25) USDPLN L: (-7) EURAUD L: (0) AUDJPY L: (-27) NZDCAD S: (-22) ...
Three-toed Sloth trading
- micmic replied Sep 18, 2014
Countertrend/correction/pullback day all around the board. EURNZD L: (-28) AUDUSD S: -14 USDCAD L: +2 EURMXN S: -9
Three-toed Sloth trading
- micmic replied Sep 18, 2014
Two fresh entries with small stop loss: EURNZD L AUDUSD S
Three-toed Sloth trading
- micmic replied Sep 17, 2014
The 3 trades I made today are up 500 pips and the 3 I made yesterday are up another 400 pips. The "oldie" USDCHF is up 250 pips. Almost makes me want to take profits now. Almost, but not quite.
Three-toed Sloth trading
- micmic replied Sep 17, 2014
Pretty good so far, only CADCHF was stopped at BE. Let's see which pairs will survive. All stoplosses at BE now. USDCHF L: +200 CADJPY L: +94 GBPJPY L: +136 (-34, -14) NZDCAD S: +81 (-34) USDJPY L: +33 (-13) GBPNZD L: +164 GBPAUD L: +127 EURGBP L: ...
Three-toed Sloth trading