Thanks Capelli, i think so far there is a lot of general misconception about what risk is and how to reduce it, but i will keep this thread clean from this kind of discussions (maybe i'll cover this on my other thread). Apart from this, the market ...

Howard and the 1000 trading adventures (2014)!

I want to write a nice post, the first post of 2014. And I want to write about a particular thing, a feeling, a phenomenon, that some of you may have already "experienced" or probably will in the future. We live in hard times, times where ...

The clarity thread

Thank you horuxito, we know in this business the big rule is the constant change, a good week can be followed by a bad week, and viceversa. It's always good to stay down on earth and objective. Apart from that, i try to take only trades that really ...

Howard and the 1000 trading adventures (2014)!

A few words about the trading activity on this first week of 2014 It was a good week, ended with a 50% gain, in 2 trades. A good result indeed, but is such return rate sustainable in the longterm? Guesses are, not (personal past experience). On my ...

Howard and the 1000 trading adventures (2014)!

Thank you, yeah patience payed out well. I just take profits early on this (yet i think cable have rooms on the downside, but we never know) as it's friday and nfp soon, it was a nice week there's no need to risk more. P.s. That was a stressful ...

Howard and the 1000 trading adventures (2014)!

Yes actually it's not a negative number, but not positive also (0.0%), indeed a suprise. Good for sellers!

Cable Update (GBPUSD)

If it's good it's already priced in (maybe??) as everybody know how wonderful the gbp economy is recently. If it's bad, that can be a surprise (i doubt it's going to be bad anyway, we'll know in a min).

Cable Update (GBPUSD)

I can feel a breath on my neck, threatening.. something is just there.. It's the trend, perhaps angry because of our recently friendship denied. Is there, is not willing to give up easily. It's clear that this gbpusd trade is not working as ...

Howard and the 1000 trading adventures (2014)!

So... Big movements in most of xxx/usd and usd/xxx pairs today, some nice strenght on the usd, yet gbp/usd (looks like have nothing to do with the usd dollar at all) is relaxing just around the highs, totally careless about what happen in the ...

Howard and the 1000 trading adventures (2014)!

this cable is hard to go k.o. impressive

Cable Update (GBPUSD)

Golden words!

Cable Update (GBPUSD)

(we are on the fruit)

Cable Update (GBPUSD)

A 20pips short squeeze, fair enough.

Cable Update (GBPUSD)

10 minutes before mpc statement and rate decision, cable being on bid all day (yet finding some resistance too). I guess some move is coming soon

Cable Update (GBPUSD)

Bizzarre situation, usd is getting slapped, usdchf on the drop and eurusd on the highs, yet the sterlin is getting slapped too, making gbpusd not feeling the usd drop at all for now. Even more, seems like we may have some sort of short-term ...

Howard and the 1000 trading adventures (2014)!

I made an image of abcd pattern, looks like technical (analysis) masturbation, but yet it have some sort of sense. Leverage used now is 68x (enough!). I will keep a close watch to this one..

Howard and the 1000 trading adventures (2014)!

GbpUsd. With the ecb rate decision and draghi conference today, it's good to look around other pairs (non eurusd) to see what they have to offer. The current situation remain the same, usd bullishness expected, with xxx/usd pairs mostly at the lows ...

Howard and the 1000 trading adventures (2014)!

Thanks man, actually i just mean the fact that price (we're talking about eurusd right) was stuck on a 10pips range after the focm release, for about 20 minutes. Now, a real strong move (especially after an important news) would make at least 50pips ...

Howard and the 1000 trading adventures (2014)!

ok i've taken the profits on this one, perhaps early, but this lack of momentum force me to get out before a possible reverse (unlikely, but possible). Yet, +30% for the first trade of the year. I call it a day Edit: The main reason of this looking ...

Howard and the 1000 trading adventures (2014)!

The question is: is it building a double bottom, or is it getting ready for a next drop? of course the shortterm trend is down..

EURUSD