Yes, and usually the carry cost will be negative both ways, but in one direction it will be less. In the case of USDJPY you'd pay negative swap both sides, but if your broker is honest you'll pay less being long UJ. If the Fed hikes rates one more ...

SAFE - KISS

I am not sure we can know what is a truly 'trendy' pair until the trend is well on or over. It's like that story about Solon and Croesus - "count no man happy until he is dead." Because anything can and will happen. For example, GBPUSD - not trendy, ...

SAFE - KISS

Starting the new week short AUD&NZD, which are cash long in trade explorers. Same with GBP. USDCAD is cash short, so I've gone long. USDJPY remains unchanged even though it's a our biggest open loser along with the winning (so far) EUR and GBPJPY ...

Shorting Forex Factory members

Because retail traders usually get it wrong. Sentiment indicators are usually contrarian.

SAFE - KISS

It seems like we've completed a market cycle and the positioning of retail traders in AUDUSD switched from bearish to bullish on Friday, which is a good sign it's going down.

SAFE - KISS

As it has been pointed out to me this strategy may fail if I don't establish an exit criteria. At one point it was up more than 300 pips, now it is down 300+. Then again, if the market really isn't mean-reverting, as PipMeUp says, then keeping ...

Shorting Forex Factory members

Some positioning changed this week but I'm not sure how to handle situations where trader numbers and lots in play are on opposite sides of the trade. For example, with USDCAD the majority of traders are now long, but the number of lots being traded ...

Shorting Forex Factory members

Thanks. That is helpful. The tool shows that even though FF members got on the right side of GBPJPY the majority of traders remain short. Still, I wonder if I should stay true to my original theme and only use the FF explorers? url Oh I like this ...

Shorting Forex Factory members

Thanks to Ezzy, who pointed me to a video that shows some tools that can be used for anyone who is interested in trading this way. I also did some searching and found a few others. First, the Oanda sentiment index. url I like how you can scroll ...

Shorting Forex Factory members

If I can be guilty of helping FF members then it will be worth losing one trading strategy. I don't think there's any danger of that, sadly.

Shorting Forex Factory members

I realized this method could have kept me in very strongly trending instruments like indices, for ex. S&P500 until the trend was actually over. And then got me back in. So I could have been making risk-free profits since 2012 and not needed to trade ...

SAFE - KISS

Yes, it's that one. However it's not restricted to just FF and I'm just as guilty of being clueless as anyone. I think it's either that most traders don't know how to do it properly or that most big (smart) money positions itself in opposition to ...

Shorting Forex Factory members

I am sure Ralffe will correct me if I"m wrong but it's the Magenta line. The first bar that has no part touching your white line. Actually it should be between Magenta and red on your diagram since it will be the opening price after the bar that has ...

SAFE - KISS

Already off to a surprisingly good start, but I shouldn't expect it to last. Not sure if I just leave everything open or close trades weekly? Also there's a conundrum with GBPJPY as the balance has shifted to 50/50 but the money is actually bullish ...

Shorting Forex Factory members

I just wanted to say thanks Ralffe for such an elegantly simple, and visual method for setting entry and exit trigger points. The 'hinged line' is the sort of thing that makes me wish I had invented it but I'm not quite that clever. A couple of ...

SAFE - KISS

Euro is tearing around the board today. NFP coming up. SPX going down. Lots of action, not necessarily safe.

Majors Active Trading

This is an interesting idea. Why?

Majors Active Trading

US500 is now looking tempting but I know as soon as I enter it will cause the Great Depression of 2018.

Majors Active Trading

How do you usually pick your exits?

Majors Active Trading