Sure

Interesting carry trade system

But that's exactly the point of this system: to profit in the long run exclusively from the swap regardless of whether the chart's showing an uptrend, a downtrend or a sideways range. Not many systems can claim that. So yeah, the whole point of this ...

Interesting carry trade system

GBPJPY scares me big time for this system since this system is all about adding to a losing position. We all know that GBPJPY may easily run 200 pips per day, and if we have a couple of weeks of heavy downtrending market sentiment we could be ...

Interesting carry trade system

It's the average of all positions what must come to breakeven, not the single position in itself. You keep adding positions and bringing the average down, and only when that average is at +0 (some positions will be at -300, some others at +150, some ...

Interesting carry trade system

Who says? an indicator?

USDCAD trend reversal?

Yeah, you are right: it makes no sense to close lot 1. Alright, so that's sorted then. Now Im trying to figure out the best way to add up to a winning position. Perhaps adding 1 lot per +100 pips and close when average is down to 0? meaning one lot ...

Interesting carry trade system

That would be fantastic if you could do that with AmiBroker mate. Trully I appreciate it. I have had a look at Oanda's margin call calculator and they trigger the margin call quicker for GBPJPY than AUDJPY, plus the volatility is more than double. ...

Interesting carry trade system

Same thing as with GBPJPY: GBPCHF carries a too wide average daily range for this system in my opinion.

Interesting carry trade system

Remember that volatility is a bad thing in this system. The perfect scenario on this system would be a high-paying pair with very narrow daily moves, so the risk for a margin call is kept under control. GBPJPY is too wild in my opinion for this ...

Interesting carry trade system

You may, but as explained in the original post if you trade AUDJPY plus NZDJPY you will be effectively doubling up your exposure to JPY and that's always a risk. What you could do is to trade only NZDJPY with its 9+ dollars per lot per day on swap ...

Interesting carry trade system

Who knows what are the reasons from a Fundamental Analysis point of view. I personally dont care. Over time I have come to the conclusion that trying to implement a F.A. outlook into my trading helps me little while it indeed confuses me a big deal. ...

USD/CAD towards parity 1/1 ?????

Holy mother of Jesus. It's funny how different traders use different layouts for their charting studies. As someone how only has 3 moving averages in his charts, I find those ultra-complex layouts intimidating

Daily GBP/JPY analysis

I have no idea, but what I do know is that given the scenario I aint looking for longs whereas I am indeed scouting always for short signals.

USDCAD trend reversal?

In my opinion there's no way around it: if you wanna become an intraday forex trader, you gotta trade the Euro session.

Best Times/Worst Times?

Holy crap, do I disagree with that. My whole system is designed around 3 simple moving averages and price action around them...

How to trade forex the right way ??

Quite frankly, in my opinion a chart is a chart, and I trade them with the same system and using the same tools. They do have their own characteristics as far as volatility and acceleration (GBP crosses at London market open, for example), but the ...

do currencies have their own characteristics?

I was following GBPJPY this morning for a London Open Breakout type of trade but this beast took off at match-3 without letting me hop onboard

Daily GBP/JPY analysis

Trailing Stops have never worked well because if you try to have a trail stop loose enough to not get knocked out by any random spike, you give up A LOT back to the market on the last final pullback (the one that knocks you out at a profit). If, in ...

To Trailing Stop or Not To Trailing Stop....

EURCAD and USDCAD are following a very repetitive pattern that's been easily exploitable as of lately: thrust down, sideways overnight (Tokyo) range, London opens up, breakout, another thrust down, another quiet overnight range, London opens, ...

USDCAD trend reversal?