FX CHAOS!
- Thread starter Triple B
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Switched back to long eur/usd again, but unfortunately it appears that particular horse may have already bolted!
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I'd prefer a rocket ship to:
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With the G20 meeting over the week-end it's unlikely that there'll be big moves tonight. Although the ASX sold down in panic mode today and the US markets may do the same. I'd expect some gaps on Monday's open.
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This weeks 4Hr chart of GBPUSD during Brexit discussions.
After Monday's pinbar short, I'm staying out of it.
After Monday's pinbar short, I'm staying out of it.
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Was a smidgin short Eur/Usd, but just flipped to a smidgin long. Mar 19 qtr off to a bumpy start!
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And flipped a few more times throughout the night. Position directionss weren't the only things flipping! Account balance was flipping in and out of profit! If only I could teach it could be taught to flip burgers or flapjacks, then a productive profit could be made before everything goes flipping mad!
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Just flipped from long to smidgin short eur/usd - may the chaos be with me!
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Old Cynic the flip flopper! Im long Gold after being short down to 1240. Also short WTi as it has broken below 50 and looks like its going to continue.
funny how gold just dribbled over the 1250 mark today during asian session. tells me shorts may have left the building!
funny how gold just dribbled over the 1250 mark today during asian session. tells me shorts may have left the building!
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Yep! That flip was a total flop! Just flipped to a teensy bit long! Godamn the chaos!
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And flipped back to a coupla smidgins short. Double damn the chaos!
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The chaos finally, after stretching my shorts to near breaking point, allowed them to snap back into profit.
Just flipped to a few smidgins long at open.
May the chaos continue!
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And another troublesome long finally gets itself to the finish line after a last day n a bit whipsaw.
Now flipped to coupla smidgins short.
Now flipped to coupla smidgins short.
SO.......... I have been practicing trading FX Chaos on the longer timeframes. Mainly Daily charts entering using the hourly. Same types of trades as I was trying on the 15min. Much better results. More consitent with less stop outs. Less noise.Less screen time. maybe 15mins per day . Letting the trades run for a day to about a week so far. Getting better at being patient.
Breakouts now go for days!! trends last a week! pips pile on. Using 2x 1 micros usually and take profits with 1 and trail the other . Currently 5 trades on and 4 at BE or in profit and 1 just opened (XAG USD)
Risk is high (10%) but account was $100 equity now $180.
Discretionary Trading using price /volume support and resistance and Trend channels
Breakouts now go for days!! trends last a week! pips pile on. Using 2x 1 micros usually and take profits with 1 and trail the other . Currently 5 trades on and 4 at BE or in profit and 1 just opened (XAG USD)
Risk is high (10%) but account was $100 equity now $180.
Discretionary Trading using price /volume support and resistance and Trend channels
