Our trade ideas from yesterday worked out as expected; 30 pips on each for $900 and $2400 at current market prices. I would take off 1/3 for a more realistic estimate assuming profit taking. The risk and the different type of position these trades are compared what is considered normal or central to our system was thought through thoroughly today. Another trade idea was shaken out of thin air unexpectedly, which we will update tomorrow.
Good Trading.
Long overdue analysis. Two live pending orders placed one on the eur/cad and one on usd/cad. These risky positions are discussed thoroughly.
Good Trading.
Short and sweet analysis of bitcoin, gold and some main pairs. Walking through these trades and thinking about the logic behind our patterns we've walked into criticality and pareto ideas that I can see already buried as an intrinsic component of our self similar patterns or even alignment of signals across scale. Its not clear to me yet if the alignment of patterns across scale must be self similar or if the patterns can be entirely different but contain similar meaning. The self-similarity therefore is in the meaning or 'signal' the pattern possesses not the shape and structure of price itself. That better and worse setups are heavily informed by the degree of perfection of self similar signals or patterns is a very obvious but up till now entirely overlooked clue that we've in-fact been selecting for criticality this whole time in the development of our trading strategy.
These ideas I will hopefully circle back to later in the week.
Good trading.