Not sure but the immediacy of the move by the SNB suggests otherwise considering their position a week before. Good rationale but I still hold a contrary view. Despite this however I think it is safe to assume some volatility ahead and to be very ...

Forex changed forever!

Big thumbs up on that stoplossmatt. Exactly.......As a central banker whose role is to manage a country's balance of payments, act as lender of last resort and prudently use monetary policy to protect against adverse market movements and stabilise ...

Forex changed forever!

Sorry to hear that Voro but keep at it, you know this approach is very sound. We all have our behavioural issues to deal with. :-)

Just Another Turtle Trading Journal

Weekly Outlook continued...... USDSGD image NZDUSD image XAGUSD image NZDJPY image NZDCAD image GBPSGD image That's it for the week ahead. Best of luck all. Let's grab the market by the horns. C video

Diversified Trend Trading Approach

Weekly Outlook continued...... USDCAD image USDCHF image USDJPY image AUDCAD image DAX image XAUUSD (Spot Gold) image ......more to come C.

Diversified Trend Trading Approach

Weekly Outlook continued...... EURAUD image EURJPY image EURUSD image EURCAD image Nikkei image FTSE image ......more to come. C

Diversified Trend Trading Approach

Weekly Outlook But before we get started a lament for this trading week. video AUDJPY image AUDUSD image CADJPY image GBPUSD image ASX image DJI image ....more to come. C.

Diversified Trend Trading Approach

That's great news B and well done. Events like that certainly sort out the chaff from the wheat. I hope things pan out well with your main broker. :-) C

Diversified Trend Trading Approach

Current Open Trades continued...... NZDCAD - SECONDARY TRADE Another secondary trade taken while on watch and wait for confirmation of direction of the D1 trend. I will keep this short and sweet. Here is the M30 chart. image XAUUSD - PRIMARY TRADE ...

Diversified Trend Trading Approach

Current Open Trades continued...... CADJPY - SECONDARY TRADE This is a secondary trade undertaken within a congestion channel on D1 as depicted on the chart below. I do not want to commit a 0.5% risk on this trade due to its likely finite nature on ...

Diversified Trend Trading Approach

Current Open Trades continued..... GBPSGD - PRIMARY TRADE Early days. Note the brown predictive entry for a secondary trade mean reversion if it occurs. image EURAUD - PRIMARY TRADE Going well and almost at 2.5R where then I will be looking for ...

Diversified Trend Trading Approach

Current Open Trades Given that now we are playing EDTT, trade frequency is on the up and up so there a quite a few trades open as we speak. While I will display all charts of open trades, I will only be focussing on describing secondary trades to ...

Diversified Trend Trading Approach

Weekly Update and Outlook Well what a week that was!!!!!! The prior posts in this thread dealing with the CHF move will hopefully serve as a continuous reminder to always be on your guard. The CHF announcement was a game changer for some and a black ...

Diversified Trend Trading Approach

Agreed. IG Group racked up a $30 million loss, but given their Balance Sheet they are now on the acquisition trail looking to acquire the victims.

Trading Without a StopLoss

IG markets (Australia) offers guaranteed stop loss on forex and the cost is a +/-3 pip spread however ........and here is the small print worth reading "A Guaranteed stop Loss can only be established on trade entry, not during the course of a trade ...

Trading Without a StopLoss

Yep. It is only the banks that are too big to fail. Interesting that the role of a central bank is to act as a lender of last resort and then create a situation which causes mayhem to the very market it is meant to protect and also avoid it's ...

Where is the next major move?

Damn....I hope not. I hate Nanny State mentality :-(

Where is the next major move?

Yep but that didn't save the USDCHF *growls* :-( I have always been suspicious of the Swiss. They always rip us off. Look at the holes in their cheese for example /tic image The top 10 list of Switzerland is now going to be reduced to say 4. ...

Diversified Trend Trading Approach

The central bankers should have been able to predict it. The chart below shows the impact of introducing the cap for USDCHF in September 2011 and the impact of taking it off. image Back in 2011 it was a big event that caused significant market ...

Diversified Trend Trading Approach

ENHANCED APPROACH (EDTT) Given that we have now had 2 years of data reflecting the results of the Diversified Trend Trading (DTT) Approach, as mentioned in Post 225, I have been looking at ways to supercharge the strategy given that trade frequency ...

Diversified Trend Trading Approach