

Thoughts on Trading
Today I'm just talking out my recent thoughts around trading and the current complexities I am trying to understand. We will get back to our live accounts and future plans in the next post. Plans that will most probably be changing in some form. Its likely the structure will be different as my intentions or framing of the situation has shifted. I'm still unsure exactly what the next week will be organized around so until I figure out the agenda things will be paused. Although


Live Trades + 45pips
Two live trades on the Eurnzd and cadchf. From our exits at the time of writing the positions have moved against us. The cadchf shown below has entirely turned against us. This outcome was not exactly predicted although it appears as though we must have seen it coming. What we were reacting to was risk not the outcomes. The risk associated with the double tops and long wick against our entry direction sometimes turns into movement directly against out position. The possibilit


Analysis
Lengthy analysis today. Went through all pairs, found some ideas for the next day or two. The eur/usd is the most appealing at the moment. Our gold trade unfolded in a way we expected it might. Having not held its hand out of the gate we found it lose confidence and come running home. A small btc/usd position was attempted over the weekend for a tiny loss. Nothing of any consequence has occured on our accounts so far. Good Trading.


Live Gold Trade
I was busy during the week and away from the charts. Today I sat down to see if any opportunities were approaching and found a position on gold/usd. It is only just moving from our entry at the time of writing. We've closed 30% and are looking at the trend line as a first TP area. On the remainder we're looking at around $3000 at the trend line, $5000 at the highs, possibly more if gold decides to continue trending. We decided to hold a majority of the trade open for this pos


Intra Day Analysis
Analyzed some pairs today, found some very temporal ideas. Perhaps one of the ideas will make it all the way to a real opportunity. If I use these few ideas or find others I will post a live trading time lapsed analysis vid walking through the whole position. I did find, on the last pair we analyzed (usdchf) some additional holes in our system where, when we apply the system to interpret price action it does not accurately reflect the truth of the situation. An old idea that

