Hi Husky77, you're quite right. I've to relax and choose my battles wisely. For absurd, if we really want to find something wrong with this strategy, it's that sometimes seems even too easy when of course it's not, and that's ...

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Another bite in the dust, TP was hit after ISM came out red. This one was probably closed very early, when it just started "motoring", could wait for WS61 at least, but I have a job to do everyday so the expert it's the best option I have at the ...

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First recovery steps, so far so good. Probably it was not the management that I would have done manually, but the EA left unattended runs its settings. After the crash every profit is welcome.

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Thank you Nik-Nyc, I'll recover it for sure ! Best regards, Bubincka

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Hi Nik-Nyc, agree with you, what I wanted to say is that beyond limiting position size, of course not over a certain acceptable level to generate a fair enough reward, to reduce overall risk we can reduce the numbers of pairs we trade too, in other ...

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Hi Nik-Nyc, far from having the real knowledge to answer your one million dollars question, first thing that comes to my mind is again ultra conservative risk management and position sizing so that you have more than enough margin to sustain such ...

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I should name this post "the day after". Like many other fellow traders here I've been hit by this currency "flash crash" or call it the way you want. My loss was "only" 18% of my working capital thanks to very conservative ...

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It reminds me what John Maynard Keynes meant when he said: “The market can stay irrational longer than you can stay solvent.” For now, I have enough margin to sustain losing positions, however if it doesn't turn I'll have to accept the loss and move ...

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Me too have accumulated a certain DD holding long positions in CAD. What is certain is that the loonie has for some time been consistently the weakest of all currencies and this happens not only in this thin liquidity market of year end. At the ...

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Hi GreenEarth, thanks for the detailed explanations, now the scenario looks more clear to me. I agree with you that something has to happen to bring back CAD on track. Best regards, Bubincka

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Hi renkotop, I'm in short too, but since too early, good the swap is on our side. CAD is driving me crazy, it's a bit difficult for me to understand why such a big country's economy and currency depend so heavily on oil only. ...

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I've just given a quick watch to charts, watching the never-ending fall of CJ hand in hand with oil. I really can't see the bottom and if it doesn't recover a bit I have to begin to cut some positions in loss.

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Bad week for me too. FOMC + thin liquidity generated big moves, it seems a market shift is happening with many pairs trading at extreme levels like UC, AJ, CJ, AU. Recovered a bit on my EC short, still in deep DD on my CJ long. Situations like this ...

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I agree, the focus here should remain on trading, but I would like to express my opinion. I do not know if all this posted by mi5mi6 is true or false, but I'm very sorry that even in a thread like this, where apparently there are authentic people ...

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Mixed outcome for CAD on news and bad for USD. However mostly bad for CAD with oil hovering $ 45.40

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OK. Now I've got the full meaning of what you said.

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Hi Davit, first of all, happy birthday to you!! I'm in deep DD with my short EC and even worse with my long CJ. Still undecided if hold on until tomorrow news expected green or begin to take some losses, now I see some small ...

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Hi Cryptosurf, I agree with you that sometimes looking left on the higher TF's can generate bad entries by fooling the trader making him believe that since PA is at extreme level a reversal is imminent. And for EC and AJ you brought as examples ...

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Hi RieseP I think what you're saying is a matter that relates to many traders here, myself included. It's always difficult to read charts and understand if and when PA is close to a reversal or more trend is there to come. ...

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CJ is sinking like a rock now beyond WS200. CAD is inherently weak during this period, it depends too much on oil price that is and remains low. Let's see if tomorrow news expcted to print green will bring some relief.

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