I think with the double bottom we had yesterday, and all the shifting around we had since then---shaking out the weak longs, leaving most everyone else confused---we can confidently conclude that price has made THE bottom. Of course, anything is ...

GBPNZD trading calls

If trade works out, I'll make it back in spades. I risked 1% (1% of account high mark) on the trade I'm in now. 72 pips = 1%. All price has to do is go to 1.9740 and I'll have the 4% back. I plan on adding size soon and often, when I get the right ...

GBPNZD trading calls

Plus, I'm just a dumbass. All week and last I've been saying GBPUSD will break and fake. Well, that's what it did and so did GBPNZD. I got caught on the fake break just like all the other newbies. Luckily, I quickly realized my mistake, but jeez I ...

GBPNZD trading calls

I am unfamiliar with this correlation. Why is NZD correlated with the US stock index?

GBPNZD trading calls

Good job. Opportunities were there, for sure. I just held tight and ate a burrito.

GBPNZD trading calls

So now we're near the end of the day, and every time the market goes up, it quickly comes back down. Many longs are probably saying, "Shit, fuck this pair, next time it goes to the top of this mini-range I'm taking profits." It is at this point, of ...

GBPNZD trading calls

Shit, you'll probably be in the negative by then with this insane rollover charge.

GBPNZD trading calls

This is what it looks like when a market is preparing to leave and not return for a long time. The market just HATES letting people in easy for the big moves. The market is a real asshole.

GBPNZD trading calls

Give it to 1.9380.

GBPNZD trading calls

I think GBPUSD has bottomed. We had the fake and break I was talking about for the last two weeks. I don't see this making a new low, and it's got a LONG way up to go once this multi-year range is broken.

GBPNZD trading calls

See how easily it could be for price to be at 2.2000 (over 2,500 pips from where it is now) by end of May? That is not some crazy move that has never happened. Moves like this, and greater, happen all the time in this pair. We are due for one now. ...

GBPNZD trading calls

Alright, I hate to jinx it here, but I think (hope) THE bottom is in. Now the pyramiding can begin.

GBPNZD trading calls

I would. Look at where this bull run started (chart). The move shot up, right from the bottom. We had no solid retracement on that move. It came at a "weak" spot (didn't appear to take stops at that level). The move has been relentless. Stop runs ...

GBPNZD trading calls

Well, just took a 4% haircut on my account, so that sucks, but I am giving this one more chance. Took a new long at 9452, and got a stop at 9380.

GBPNZD trading calls

This just looks like a VERY thorough stop run, in both GBPNZD and USDNZD. I have given the market leeway up to this point, as it was conceivable in my mind that this would happen, and now the market should reverse course or I will get stopped out. ...

GBPNZD trading calls

GBPUSD short just completed for 110 pips. It was a close one. Almost got stopped, but it came back and now target was reached. GBPNZD.....all eyes on you now!!

GBPNZD trading calls

Well, we headed a little lower, and I am not very happy with my entry on GBPNZD. I've been avoiding FF and just concentrating on how I could do better in the future. I think the signs were there that GBPNZD would go lower when my order at 1.9800 ...

GBPNZD trading calls

I can see the big move going something like this. I think next week might start out slow for GBPNZD. EURUSD, GBPUSD, and NZDUSD should all take a beating next week.

GBPNZD trading calls

Everything looking right. The drop in GBPUSD has started, as did NZDUSD. Now GBPUSD needs to break that low at 1.6582 so we can trigger a bunch of stops. I don't think GBPNZD will be going too far north until GBPUSD bottoms out below 1.6582, but you ...

GBPNZD trading calls

You gotta understand that we humans are not perfect. We need to give ourselves some room for error. It will usually go further against you than you thought it would, but that doesn't mean you have to lose that trade. Let the market completely prove ...

GBPNZD trading calls