What could have been a really good trading session is now one which consist in closing positions and regaining margin plus eliminating the DD. 3.5% DD is way too high for my taste (being 5% my maximum). Once my trades are on this neighborhood really ...

Reconnection

D1 closing at the High and Low of the day - well, with still 90 minutes to go. D1 closing at the HL is always a possibility. Actually, if price has hit the extremes and is not yet inside the medium cycles, then is a good strategy to wait until the ...

Reconnection

The market is exactly where it needs to be. Time keeps going and every 24 minutes, 60/120 minutes and 180/360 minutes the map gets more clear. I risked my commitment off of extremes plus small cycles, a matter now to see how price keeps going when ...

Reconnection

Another week starting. Watching closely since last night 4 Majors: - AUDUSD - GBPUSD - NZDUSD - USDCAD This is interesting considering the majors had not given much opportunities in the previous weeks. No crosses at all today. Cannot take any ...

Reconnection

Week just started. Watching closely some pairs attached to the GBP: GBPJPY, GBPNZD & GBPCHF, all to short. Also watching the USDCAD which did not have the sufficient strength to continue the up due to its ethereal up cycle. Needs something more ...

Reconnection

Top participant of the day: CHF Second: CAD And with them forming crosses with: NZD, JPY, GBP and AUD This means that USD has not played any significant role today. Trading professionaly requires to stop looking at the majors as the only option and ...

Reconnection

In regards of the NZDCHF I have scalped that pair a little bit today and I am currently waiting a new up in the micro cycle. I have 3 positions open in the GBPCHF however not enjoying the high cost of that pair so I will close the earliest position ...

Reconnection

The USDCAD is preparing its way up. In the process the bears are still in heavy control, and all the cycles showing the up are very weak, so more down is coming. This is causing the CAD pairs to be trading at extremes: CADCHF and CADJPY, with ...

Reconnection

CADCHF and NZDCHF have been disconnected from the balance for more than 2 days already. These type of things are key information to print money. Price has to connect at the third day. So what do you look for when you know this? To enter as far away ...

Reconnection

This has proven to be true particularly this week. The market in general is moving, that means trends in the short terms, and because of the heaviness of these trends, they produce multiple mini cycles inside. One way to deal with this is to take ...

Reconnection

Here a little secret for the people trading any kind of cycles (I say any kind of cycles because the idea is cycles in general - If a trader doesn't know what a cycle is then better give up trading): Trading at extremes levels, the fact that a cycle ...

Reconnection

1.4% account growth yesterday. All traded pairs are now connected. Looking for new positions if possible although the wait can be long.

Reconnection

Reconnection is the term I use when price is connected back with the balance after trading for a prolonged period of time at the extremes. No extremes no trade, this is the first requirement. The second requirement is the cycles showing the entry. ...

Reconnection

Very involved in the market now. 2 early positions, one on each of the CADJPY and NZDJPY, rest looks good. Goal before rollover to close these two negative positions to keep margin high. Probably looking for 2 better positions in both the NZDUSD and ...

Reconnection

3 trades currently open, all with 1 position only. The possibility of price closing at the High or Low of the day is always present, always. That is why adding positions after the first entry should be done with patience. The first position is ...

Reconnection

Complete map of opportunities of the day: image Arrows showing the direction of the opportunity. The number above each arrow represents ten times the number of candles in which price has been disconnected from the balance. This means the CADJPY ...

Reconnection

Majors showing possible trades! I use the exclamation mark because the majors very seldom move to extreme levels, at least not in the frequency that the crosses do. Pair / Looking to / Target Entry AUDUSD / Sell / 0.7460 NZDUSD / Sell / 0.7365 ...

Reconnection

Microcycles still not showing the turn down, for that it might take another 2-4 hours, however I just Sold the CADJPY when Bid was 84.70, 5 pips before my target, distance enough to start commiting myself into the trade. This level is secured to ...

Reconnection

The 15:00 opening of the session (considering the day starts at 00:00 in MT4) is confirming the up in the CADJPY. Experience tells me that not waiting for this up to conclude costs 30 pips of not getting a better position. Counter trend entries are ...

Reconnection

Alright, the CADJPY trade remains intact. Reconnection has not happened yet. Trend still up. As additional bonus cycles are showing the down - BUT - cycles at the microlevel are showing a renewing up going on at the top. All this means that if I am ...

Reconnection