Moving forward we will be taking all 2degree trades on a new account. This account I will analyze and post every trade and trade/management decision for some duration. Perhaps at 100% growth we will explore other activities. All 0 and 1 degree trades will be taken on the 'risk' account which will be slightly smaller in size. Other positions that do not neatly fall into this system will be not placed on these accounts. We're starting with a 50k total kit split 60/40 into quali

Quick update for the usdjpy and btc positions Friday. Good Trading.

The btc trade continues, our next decision lies around the upper trend line that we've retraced to and interacted with. There might be a trade opportunity off this level if demand aligns with the markets intention. The main pairs all are playing their own separate games. Different ideas across the similar patterns. Nothing stood out except the gbpusd and usdjpy of which we have a tempermental open limit for the usdjpy at 157.75. We'll check back in with these few ideas and po

I got home today and found a nice setup arriving in an hour so I decided to record the trade actively with the intention of discussing my thoughts on it as it progressed in real time. Real time experience is quite different to analysis and theory in the same way understanding ideas is different to applying them. You can know how to kick a ball or swing a club but not actually be able to do it very well yourself. You also never consider the human element when attempting to exe

We update our analysis on our Aussie pairs from last week. The pattern has not been invalidated yet on the audchf or audusd. There are pathways forward to still catching some bearish movement that we've been monitoring for awhile. The eurusd is in a poor location contextually and can be avoided for those reasons alone. However there are still waves of price action that can be caught and we discuss some possibilities for movement that can occur early next week. Good Trading.