We Really Trade.
If you want to learn how to trade, improve your trading, or just follow us in the markets, you are in the right place. Here you can find trade ideas, and those trade decisions explained, for all levels, from beginner to advanced. The track record is based on real trading, with an accumulated sum of +18.000 pips, with a frequency of 1.8 trades per day since March 2015.
Latest Trades and Performance
THIS MONTH: 650 PIPS
THIS WEEK: 117 PIPS
- I admit to have been sucked into the drama...Must read: Repeal-Replace Delayed by Adam Button [Updated 03/24 10:30 CET];
- 3 stop buy orders planted in EURUSD in case the other shoe drops in the Dow later. Remember: key astro date 23-MAR (see box below) [Updated 03/23 17:37 CET];
- Euro traders, pay attention in today's American session: "If the bill is rejected, risk aversion could worsen, taking the USD/JPY pair down to 110.00 levels. On the other hand, a relief rally for the risk assets and the USD/JPY could be in the offing if the health care bill is passed." - Omkar Godbole and "The bill itself isn't so much what's at stake. The market is increasingly viewing it as a test of Republican leadership. It's a barometer on whether Paul Ryan and Donald Trump can whip the House into supporting its agenda." - Adam Button [Updated 03/23 11:12 CET];
- We are aware of this impulsive structure outlined by Gregor Horvat in the US Dollar Index- a reason why we have been shy with shorts and why we are adding to the long exposure in the euro [Updated 03/21 16:28 CET];
- With current exposure, 20% net long, we would make an additional 2% once the EURUSD quotes at 1.09. Plus the pips we can accumulate in intraday swings, I plan to add 3% to the account at that level. [Updated 03/21 10:02 CET];
- "...1.0975 which is the 50% Fibonacci retracement from last year's high. We also have the completion of an ABCD symmetry pattern at the level as well as bearish channel resistance in the area also." by Orbex Team [Updated 03/20 15:03 CET];
February 22-April 21 time band significant gathering of geocosmic signatures this year;
March 2, was the granddaddy of all geocosmic signatures related to the culmination of primary or greater cycles unfolds;
March 8 historical Astro key date;
March 20, 21, 23 historical Astro key dates.
April 8, key geocosmic period.
Themes afecting the EUR/USD
These themes are taken from the Advisory Opinon Aggregator. At FXStreet, we read all the material published at our site and pick the key bearish and a bullish arguments expressed by our dedicated contributors on several asset classes.
I use these themes as a guide for my lon-term positioning and control of exposure. I'm currently biased towards a bearish development in the EUR/USD based on the below arguments.
Bearish Themes for the USD
Inflation in the Eurozone hitting 2%- by Hussein Sayed
Regulatory changes in U.S. money market, by Axel Merk
The stall in US interest rates- by Boris Schlossberg
Globalization has driven countries to desire a weaker currency, including the USA, by Alan Hill
OECD models see the euro at nearly 25% undervalued, by Marc Chandler
A depreciation of the dollar would reduce pressures on countries with fixed exchange rates and external debt- ny Northern Trust Economic Research Dep.
China threats to sell U.S. Treasuries, by Kathy Lien, Barbara Rockefeller
Donald Trump’s proposed fiscal stimulus and investment infrastructure failing to keep up with market expectations- by Lukman Otunuga, by KBC Market Research Desk
Dollar strength could become a threat to US competitiveness- by Kathleen Brooks
The US dollar is vulnerable to a trade war with China, by Barbara Rockefeller
USD strengthening tends to be up to and at the beginning of a hiking cycle, thereafter a correction- by Danske Research Team
The dollar is ready to begin its 15 year super cycle decline, by LikesMoney
Interest rates in part of the rest of the world may have reached their lows- by Axel Merk
Bullish Themes for the USD
A viable and compelling alternative to the USD does not exist today- by Marc Chandler
Trump administration's verbal intervention to weaken the USD can backfire- by Joel Kruger, Kathleen Brooks
The border tax adjustment is seen by many as automatically spurring a significant dollar appreciation- by Marc Chandler
Repatriation would be an overall supportive factor, however modest, for the US dollar- by Wells Fargo Research Team, AceTrader Team, by Raoul Pal
Divergence of monetary policy may continue to widen- by Hussein Al Sayed, Marc Chandler
Relative health of the financial/banking system in the US,
Uncertainty surrounding this year's elections in Europe
Euro’s existence could be threatened by default scares in Italy and the failure of Deutsche Bank- by Harry S. Dent
Capital outflows from the eurozone are the biggest so far this year than any other time in 14 years- by Barbara Rockefeller
There is a shortage of offshore dollar funding -the Eurodollar maket- by Raoul Pal
US dollar index is still developing a long-term impulsive wave - by David Solin
Bearish Themes for the EURO
Core inflation is it will be 0.9% on average this year and only go slightly above 1.0% at the very end of the year- by Danske Research Team
Lautensclaeger, a hawk, [...] is a loner inside the dovish Executive Committee, by KBC Market Research Desk
Le Pen is likely to keep upward pressure on French bond yields, and this political risk premium could weigh further on the euro- by Kathleen Brooks
Greece's debt crisis returning with a vengeance could encourage bearish traders to attack the EURUSD incessantly- by Lukman Otunuga, David Johnson
Geert Wilders, candidate in the Dutch election stated his intention, if elected, to take the Dutch out of the EU- by Alan Hill
ECB extending its QE programme and presenting a dovish tone at their December meeting- By Jarratt Davis
Bullish Themes for the EURO
Federal Reserve and ECB monetary policy should not diverge so noticeably- by Jasper Lawler, Barbara Rockefeller
Draghi acknowledged that deflation forces were almost vanquished- by Marc Chandler
The Eurozone is hardly sclerotic—it's getting the same boost the US got from QE- by Barbara Rockefeller
If traders think that a taper is due and needed, then the euro will benefit- by Chuck Butler
Bank's clients may well decide to no longer seek a U.S. dollar loan, but instead a euro-denominated loan, or a loan denominated in their home country's currency- by Axel Merk
MY TOOL KIT
The below Toolkit is a selection of dedicated pages for all sorts of topics related to FX trading.
Support and Resistance is important for my strategy. Therefore I start the day looking at the confluences between pivot points, Fibonacci extensions and retracements, S&R lines and channels.
You know, FX trading is mostly about the U.S. dollar. If the dollar is shaking the market, then I have this dedicated page only for USD INDEX related info.
An excellent technique to combine with S&R is wave analysis. Although I had to learn all the rules and guidelines for my CMT designation, sincerely, I prefer other more experienced elliotticians do the chart work.
To make the intermarket picture less complex, FXStreet has compiled a separate source for global stock markets. Correlations to the FX world exist.
For longer-term trading considerations, such as exposure, big trends and key volatility periods and potential dates for market turns, FXStreet works with great cycle analysts providing the missing timing element.
Since I trade several currency pairs, I need to have a big picture view of what's happening across several markets. A good starting point is to look at correlations and currency strength against the USD.
For FX traders, a view of the capital markets is key. Interest rates, and government bonds are the source of many trends in the Forex market.
How do I know what is likely to drive markets up or down? This advisory opinin aggregator organizes all the tradable ideas and macro triggers into bullish and bearish categories, for several markets.
Performance Statistics (Corporate Account)
Since inception (updated EOM):
Total pips: 1,141
Avg pips/day: 50
Win rate: 94%
Avg win: 25 pips
Avg loss: 22 pips
Updated 28th Feb. 2017
Performance Statistics (Personal Account)
Since inception (updated EOM):
Total pips: 18,215
Avg pips/day: 35
Win rate: 94%
Avg win: 45 pips
Avg loss: 310 pips
Updated 28th Feb. 2017
The Method Explained
The trading methodology is technical discretionary with strong enphasis on risk management: control of used and available margin, effective leverage, and position sizing. It is meant to capture the most amount of pips from the constant intraday price oscillations in the EUR/USD while keeping the floating draw down at bay. There is no use of stop loss orders for each trade, instead, the risk is managed as a whole, for the entire position.
To learn more about the method, you can watch the below webinars:
Before starting to work at FXStreet.com in 2008, I was already following the site. Almost everything I learned about trading was through FXStreet. I've learned from many of its dedicated contributors and was particularly inspired by a few of them. What you see in this page is the result of all these years of experience and learning.
I've become a product of FXStreet. A profitable one..