Hello everyone In this video i explain the thought process of my trades and how i took a L last week and managed it. No stress, we are in good cash and we are holding some small USD longs for now. The timing will be crucial when dollar will bottom and we must be prepared to buy more positions. There are some big names earnings this week and the risk mood will...
Hello everyone I covered all the assets where i hold spot bags and where i want to trade them. I think you need to have nerves of steel at this point and don't fomo as we are nearing a top to be honest. There is too much hype in the space and that does not coincide well with the current market conditions. I learned that with every impulsive move there is a...
Hello everyone Chop chop chop! Right now we are patiently waiting until we get clear signals for buying or selling.. I am DCA'ing into shorts on GBP and EUR... If i am wrong, well..we admit the loss and move on to the next ones. Have safe weekend Cheers
Hello everyone, On my initial trade i got stopped out on EURUSD but de-risked ahead of CPI so the loss was minimal. I waited and punted shorts again. I think we might have topped or if not today definitely next week. I can let my positions run all the way to 1.11 so i am kindly asking you if you follow this idea to manage your risk carefully. I am willing to...
Hello everyone! Shorted GBPUSD this morning but did not have time to update the trade as i was recording the markets update which you can watch it. Here is the screenshot of the trade. snipboard.io Stay safe. Cheers
Hello everyone! Hope you are all right and holding well into this market. It's not an easy market to trade and keep your head cool. I made some mistakes these past two days and are all explained in the video. Sometimes you take out profits too soon or you close the position too early. It happens to the best of us and we miss opportunities. I have covered all the...
Hello everyone I longed USDJPY this morning with 0.25 risk. I think we reached some heavy support here. If i get stopped out i will look out for a relong. USDJPY is still a carry trade imo and the rate diffs between US and Japan are huge. No reason for JPY to be strong unless BOJ really steps in and hikes. Have a great week ahead of you!
Hello everyone! I talk in this update mostly about BTC and other assets that we are trading. In the update i said that i hold a trade from 28th of August(sorry- it was 28th nov) and if you follow this you know the trade. I would say don't be sorry if you missed on the trade and opportunity. There are big names out there who missed it also. Its fine, sometimes you...
We got a nice sweep of the highs and daily looks exhausted so i am gonna try and punt a short trade with 0.5% risk. Will tailor the trade if needed and my SL is dynamic meaning i can let it run a bit above my initial SL so just be careful how you manage your position. If there will be partials to be taken i will update the position! Cheers and stay safe!
Hello everyone I have updated the trades that we took and how we managed them. At this point everything looks overstretched so i am being cautious. I did took a bit of a risk in EURUSD and i am willing to sacrifice 2.5% for a massive short. I had some very good gains so its worth the risk. I am looking forward for this end of the week! Please always manage your...
Hello everyone I have scaled into shorts. Now i am more convinced we kinda topped. I have orders resting in the grey box if we get there. If not, we will add when it goes down. I will let you know once target is hit. Its going to be 1% pos Cheers and stay safe.
Hello everyone, In this update i talk more about what i think its going to happen and what we should expect from the market. Right now i have only 2 trades that i have been holding for some time. There is no setup right now for me except BTC so i am just gonna sit back until i get some clear signals. I have covered all the assets that we trade. You are more...
Happy new year everyone! I hope you are doing well and finished the year of 2022 with a bang. 2023 is gonna be volatile and very interesting in terms of how it will end. For now we are taking it slow even though this week is action packed. I think we have to trade carefully and wait for good opportunities. I have updated all the assets we trade. Missed some...
Hello everyone As the title suggests..Don't fight the fed, at least long term.. In the near term they kinda lost credibility and the market clearly does not believe that dot plot. We'll see about that in the coming weeks. I don't think Santa will come to SPX but you never know, we have the plans laid out all we have to do is wait. Stay safe and trade...
Hello everyone, We are going to short EURUSD from here with low risk. There is still plenty of time till FOMC and we might experience some crazy volatility during the release and after Powell finsishes his speech. I think we have to be cautios at this point and take care of our capital. There is plenty of time to trade and many many opportunities to come. If we...
All i can say is that we have to be patient at this point and we will take the trades as they come. We have to wait for powell to finish his speech and we will see if Santa is good or not. Otherwise than being patient there is literally not much to say about the markets. Crazy volatility during this period so if you intra day trade take your profits as you can be...