Thursday, November 3, 2011

THE PLAN EXTRAVAGANZA

People,

I have been searching for indicators on mt4 website for 2 years....and months! Downloaded a butch of them...had at least 1000 of them on my charts! I was not blinded with this indys and lots of different strategies. I was in for 2 months and then when something did not happen right...I added some other indy to help me out. I immediately canceled the last one, which was also the holly grail!

And then I erased it all from my screen....

(also MAs which were my thing)

I only work on Price Action
I only work on Supply and Demand levels
And everything I learned from years of trading.

And, I am loving it! :)





Thursday, October 20, 2011

EXCHANGE CURRENCY RATE - EXCHANGE RATE CONVERSION - EXCHANGE NETWORK

This is very nice term: exchange currency rate-exchange foreign currency rate.

I still sometimes have to explain to my dear that I sold US dollars and bought Japanese Yen and she still does not get it how can I earn money when the rate or the graph on the screen is falling.
Very simple stuff would not you say.

Or what is a rate exchange of AUDJPY how exchange rate conversion is done and why you immediately when you open position you are in a negative zone because of the spread. That we do not talk about what really this currency pair represent on the market.

Exchange network is also the name of the game which I guess she understands mostly. She understands that if I talk to other traders is the same as if she would talk to her girlfriend about the shoes or a shirt. Here the guys talk about the mooooney!

Have a nice weekend-trade safe. Closing the shop for today.

Have a nice summer.

Thursday, September 22, 2011

2008-20012

Second leg of the scenario- one half has been done-now we start another one...

Greece 170%

JPY - only buying japan

Monday, September 5, 2011

Monday, August 29, 2011

RULES AND A DAILY REMINDER



BEFORE A WORKING DAY!!

1. OVERLEVEREGING!!!


2. OVERLEVEREGING!!!


3. NO JUMPING IN THE POSITION!!!


4. CASH IN!!!


5. GET OUT!!!


6. END A DAY IN GREEN!!!

Wednesday, August 17, 2011

CHFJPY and summary of August

Discipline is a madafaka! When there are no trades on a table I get a bit nervous and try to trade big moves in 5 minutes like there was on EURCHF today. Was buying and selling the cross and later on on 1.1300 (BE) got stucked in a position (long) when the market was around 1.1230. Was down overall 700 pips. (10 positions I made when the market was falling). I decided that I will risk the whole account for protecting this trade.


I GOT LUCKY!


Well, I managed to cash in 100 pips but this is not the way to trade. Pretty angry with myself REASONINGOK, will trade from now on only on orders which will boost my patience and control of the trade. Now holding 2 orders on EURAUD: One is long at 1,3640 and short at 1,4025.Will try to post also on other oppurtunities! My summary for AUGUST: +570 pips+100 pips on last crazy one which could be -700plus!


I always liked JPY - my first account was wipped out by EURJPY so let us try this pair instead. On a weekly we can see lots of selling pressure around 105 level - strong resistance. CHF weakness in last days is solid (my opinion behind this is, that lots of big madafakas are getting out of CHF long and this is reason for high vollatility and CHF weakness and not EURCHF peg and other bullshit. The trend is getting old!JPY I like really much right now and I also expect that USDJPY did not said a last word till now so we should give this one a go. On a daily big trendlines are being crossed and if we stay under 99.80 for close I think we are safe to short this beauty! This selloff stopped at on H4 at 365MA and on 1920/1600 MA on 1H which are my favorite MAsss We should see another selloff from here on and try to get a hold of JPY. If we break 95 level we should see a test of 88 in next few months. Carry here is also minimum so let us play!



Thursday, August 11, 2011

Wednesday, August 10, 2011

Monday, August 1, 2011

EURAUD

Going long this pair.
Technically: Nice Pin bar! (would enter it on friday already but was on a sea side)Strong resistance at 1,2940
Weakness:Stong downtrend
EUR:Was sold last month on index against G7 for 3,60%. This month started up 0,43%.On comulative it was sold for 2,76%
AUD:Was bought 0,75% last month. Also started this month with 0,35% gain on the index.


1.8.2011 FX G7



Wednesday, July 20, 2011

G7 Results



20.7.2011 FX EURJPY&EURGBP

People,

went long EURJPY at 111.80 to get some retrace pips on a daily. Hoping this week we could see levels around 113 at least.



EURGBP is the same story. Nice setup on a daily. We could see 4 days consolidation in 08750 area. Now the pair is going up. News today for GBP - will see where it will break. 0,883ish is the target.

Wednesday, July 13, 2011

13.7.2011 FX G7

People,
yes, here are the results for today:

"patience is a virtue"
have a nice summer!

Tuesday, July 12, 2011

12.7.2011 FX G7

Peopleee,


Came back from the see, the weather was nice and the golden years are about to begin.

here we go again...let us start another successful adventure on the trading floor!


Here are the results from G7:

Thursday, June 30, 2011

30.6.2011 FX G7 Closing t for hollidays

People,

Im off to go on hollidayszzzz :)
Coming back on next monday people...

Happy pippin onwards!

and have a nice summer!

Monday, June 27, 2011

27.6.2011 G7 FX

People,

Got stopped out on USDCHF which was nobrainer :P was saying it all week that my SL will be triggered-shame on me...I still do this unforced errors almost everyweek. Discipline!! Will try to get a hold of some discipline notes from other traders when I go to hollidays next week.

OK....in the morning I was trading a bit of AUDUSD...few pips in plus-nothing special..Selling in on a resistance.

Now-CADCHF short from the morning-did not cash in at a fall, will see it closely what is gonna happen.

Overnight plus Assia was really a move in a trend direction on CHF crosses...looots of SLs in my opinion were broken that is why we see lots of selling pressure on CHF. Over the week I expect another test to the downside...trend is my friend and If I loose money even thou i trade it in trend direction is no problem for me!

We can see lots of selling pressure on JPY AUD and CHF.

Friday, June 24, 2011

24.6.2011 FX G7

People,

trend direction was good for me this week. Only selling GBP and still do..

Still in USDCHF long which is not a really smart decision!! :(
USDJPY long cashed in...was searching for short...order not done..

USDJPY short today in the morning for 20 pips.
GBPCHF/GBPAUD and GBPCAD short...all in all very good...

Made some EURUSD short also after 1,43 breakout!
Have a nice summer :)

Thursday, June 23, 2011

23.6.2011 G7 FX

People,

As said yesterday...GBP was the weakest and was sold out also later on!! Today... we can see a lot of CAD and USD buying today and in Assia. Will try to continue to do so...



Myself was EURCAD short in this morning...also a bit of "contratrend" buying of GBPCHF for 18 pips of joy! :) Will try to get in the market again.

Looking for USDJPY long...

CADJPY long...


Still in USDCHF...SL was around 20 pips away...Will hold it till maturity :)

Here are the percentage:


Wednesday, June 22, 2011

GBP sold out-will it continue today?

PEople,

Ok, cashed in cable -looking for retrace to go short again. Also closed my GBPCHF position. Also looking for a retrace.

GBP Sold 0,58% in 1H time ag G7!!

USDCHF looking pretty short :) still long myself there... Will try to rethink this position.


22.6.2011 FX G7

People,

got stopped in eurjpy - market was few pips away from my exit (114,80) and I got hammered cus I did not close it earlier. Closed it on the top - very interesting :( my exit strategy had good intention but was not done.

Still holding my USDCHF long.

CADJPY was a nice story for me, but I cashed in only one third of what I lost on EURJPY. Show must go on...

I am also short GBPUSD and will try to get out at least till the news come out.
Happy summer to all! ;)

Tuesday, June 21, 2011

21.6.2011 FX-G7 EUROPE DATA

People,
here are the results from 30 minutes...


My yesterdays adventures finished in positive....got stopped out on EURCAD, but I played really narrow SL...Got my reward on GBPCAD and went out of the market on AUDUSD and GBPCHF on a minimum profit...


Today:I am short EURJPY from yesterday but want to get out of this beauty! EUR-still bought the most in G7, but I can see it now that JPY was bought massivelly so I am more confident on a short side. Want to cash in around 114,5ish level..."added-will go out of the market at 114,80 on -10 pips!!"
I am long USDCHF and will close this pair around 0,85 level. Seeing some goooood buying pressure on USD currency and selling pressure on CHF.


Long CADJPY for 20 pips on 81,95

Have some open orders on GBPCHF (sell)...missed out on GBPCAD downfall....will try to get in also on a retrace...

This is for today-hear you at next 4h update ;)

Monday, June 20, 2011

1 month with no action - reaction?

People...
I decided that housing market will collapse and that I will wait to buy myself a flat!! :)


but seriously, I think we are in a second third of this crisis and "a waiting game" will pay up! Will report shortly in 2-3 years time ;)


Back to trading bizniss:


  1. My trading was really lousy this month - opened maybe 5 positions - nothing to brag about - did found myself shorting eurusd on 4h head and shoulders and also kept my money in CHF - little feathers! It is nice to have a trend

  2. I really was out on writing and reading the blogs which I did constanly read before. Was buzy on work (had lots of presentations) and also searching for my flat all weeks...pretty hard work!!

  3. Now after I decided that my time for flet will come later in months I again have time to do some more trading. Time off is nice as well.

  4. Still having my position picked from my algorithm that focused on percentage change on different TFs.

Today I am also more focused on the market. Had opened GBPCAD long and cashed in 33 pips - (0,20%). Also in the market on GBPCHF short and EURCAD short. Will see what will happen here. Sure I will go out in minimum 24 hours - possibly in next two 4H candles.


Did pick myself a lower risk ratio for the beginning of trading. Will focus on building my account again daily. I see that I am more usefull on trading floor than on housing market! :)


Ough, here are the percentage from 1030 Europe!

Monday, May 23, 2011

23.5.2011 FX G7 Working hard :)

People,

Working really hard last weeks-hope to get back to trade daily again. Still no luck with searching for my new flat! :) jihhaaaaaa :)
Ok, some percentage for us: Yes USD on a buy button again....AUD on a sell button - again ;)
Have a nice summer ;)

Tuesday, May 17, 2011

18.5.2011 G7 FX Working hard or hardly working?

People,

still searching for my flat...really a nice experience how you can lower a price of any flat-at least 10%! They just wanna sell and also before that they calculated 10% to make customer (me) happy ;) makiing piPs! Well, still did not found it but making some progress...

Trading...As I said on monday morning EUR sgonna gain...so it was...up 0,91% ag. G7-only CHF stronger here...I had some little positions EUR long...

....CHFJPY had a nice run...now im shorting this beauty on "top" :) We shall see.

Hope Ill have more time to post and to comment on some blogs that Im reading!

Keep up! Move Up! Summer baby! ;)


Monday, May 16, 2011

16.5.2011 FX G7 Market report

People,

here are some percentage for you...EUR looking to rebound after Assia. We shall see...Happy pipping ;)

Monday, May 9, 2011

10.5.2011 G7 FX

People,

some percentage..

9.5.2011 FX G7

People,

again I was on holliday in Skopje and Struga. The weather was really nice and I cant wait to go again on a peacefull journey with a smile on my face somewhere else;)

Last week the most bought currency was JPY. It was up for about 2,6%. Other bought currency was as you can tell USD with 1,72% in a green zone.
Others only in RED. Mostly EUR sell on all crosses (-2,0% on G7).

Thursday, May 5, 2011

5.5.2011 FX G7 EURUSD

People,
again on the short side atm!..Looking pretty confident...Will try to close this baby around 1,48 40-60 levels, while true TP could be again around 1,4820.
Looots of news today, so wont be greedy and will move out for sure.

Tried EURGBP short, got out on minus 4 pips.
Tried again USDCHF long...got out on plus 4 pips ;)

5.5.2011 G7 FX CORRECT&REALISTIC

People,

very nice trading this week from my behalf. False breakout was in order and I first managed to close my short on EURUSD at 1,4877 with 10 pips SL. Then on 1,4928 I shorted this baby to amazing 1,4810 level! Got myself 1,8% gain on this trade.


Meanwhile I traded also USDCHF and bet on a retrace - got 50 pips on 0,8615 for 0,5% gain! Pump up the vooolume!! ;)


Also traded a short position on AUDJPY for 20 pips TP - 0,5% for a little bit bigger position. Waited for Fibo retrace and short this diamond!


This week up for about 3,6%. Looking for some possibilities but very carefull not to get hammered.


Will again wait for some nice R&R and Fibo levels to play a position on STRONG vs WEAK as seen in this table.

Have a nice summer ;)



Wednesday, May 4, 2011

4.5.2011 EURUSD False breakout?

People,

of course there is not a lot of reasons that we could see this baby move only down, or are they?

2 weeks of corridor trading, players running the trend and the sellers pretty hard on a sell button now. Mentally this could mean that some fundamental change is going on or about to happen.
Was short in the morning around 1,4877 and got out on a break at 1,4884...now holding a hefty short on the pair. Working on scenarios.

Tuesday, May 3, 2011

Corridor Play again! Waiting for a bubble to POP ;)

People,

again a nice play in within a corridor! EUR up ag. G7 this week 0,50% and USD up ag. G7 0,32%. right now.


3.5.2011 FX G7 Back from VALENCIA

People,

here are some percentage for us. Buying USD myslef today...from GBP a bit and also some pips out of EURUSD short. I is nice to come back from holidays victorious. Was shorting GBPCHF and got nice pips....would have been more if I left a winner roll. But the 1 thing is to build up accounts! Building up is a key!

Well, I came back from Valencia - nice city-has 7km of park throu the city itself. Has a great futuristic architecture from Mr. Calatrava. Valencia as a name presents strength. I wish Valencia to us all! ;) I always look at the people...very short on beautiful girls for my taste! Still lots of nice sights to see and Aqua de Valencia rocks ;)

Ough, Wish you a nice summer!
Will report on my findings this week.

Tuesday, April 26, 2011

26.4.2011 FX G7

People,
from holidays to holidayS! Preparing to go to Valencia this week. Viiivaaa ESpania! ;)

Back to the markets and bizzznis as we see it:

here are some percentage for us all...CHF bought the most this week - GBP most sold this week.

Have a nice pips!

Thursday, April 21, 2011

22.4.2011 G7 Friday The Great - Before aSSia

People,

AUDUSD 21.4.2011 FX-G7

People,
corridor play is in motion for the second day in a row. It keeps on moving up and down inside.

If we have up trend we should be very carefull when we short the pair against its superior trend.

1 - Narrow SLs!

2 - Quick exits!

Play it inside the corridor.

When we play positions in trend direction we can leave our winners roll.

Very usefull TIP from my mate Rick!

"Buy it inside previous Candles bodies and also close it inside the Price Action of the bodies. We do not need tops and bottoms!"

Monday, April 18, 2011

19.4.2011 G7 FX

People,

some percentage ;)

have a nice summer!


USDCAD 18.4.2011 FX G7

People,


another beauty to get a hold of it! ;)

CHFJPY 18.4.2011 FX-G7

People,


Again interesting cross:


Strong vs Stronger ;)


CHF: We saw last 2 weeks a lot of CHF buying out of G7. About 2 percent gain. Today the market started to sell CHF, which is seen nice on G7 matrics. It was sold 0,22%. Maybe some further weakness expected on this currency.


JPY: Mayor gains seen 1 week ago on G7 - up 1,91% ag G7 for JPY morning Sun. Well, further strenght seen also on this currency. Today we saw lots of JPY buying-start of the week up 0,49%.


CHFJPY: Last twoo weeks we saw fundamental change in gains on this cross. This and last week the cross were down fo 0,60%. 3 Weeks ago it went up 3,0%.


TECHNICALLY: We saw a nice upward trend in last few weeks but a strong resistance at 93,60 level. We have also a strong support at 92,50 level. If this one breaks we could see further weakness of this trend.