Daily Forex Trading

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Leoheart
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Re: Daily Forex Trading

Postby Leoheart » Fri Sep 14, 2018 9:32 pm

LeMercenaire wrote:
Leoheart wrote:
LeMercenaire wrote:
I was in no way trying to put you guys down, sorry if it came across as condescending in any way.

Anyway, yes, the thing with indices is that they can't help but be correlated in all sorts of ways, some blatantly obvious and others in completely unexpected ways.

They tend to operate like subsets of each other, wheels within wheels.

I don't know offhand of any one source of information but as always, I shall give it a mull or two and get back to you if I come up with anything.



I am totally offended. That’s it, your name is coming off my Best Online Buddy List as we speak ( jk but no smiley)

In all seriousness, I think fx traders are very spoiled in that regard(correlation). They can fool us on many timeframes , but never the final destination.

Thoughts cross my mind and I am sure others too, how do we replace fx trading experience once paper money aka banks are obsolete. We laugh at bitcoin with greater laughter but great truths are often laughed at until they become the norm. I think I may and regrettable will have to go the bitcoin route for it’s likely the most comparable to fx in terms on all large number of currencies backed by correlation. I hope Bitcoin is a bust I really do..


Have you seen the spread on the thing? (Also Etherium). Yowzaah!



Not yet dude. It’ll things settle in. You remember the spread on gbpjpy in the hay days of retail fx. We thought it was upsurd.

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Mira
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Re: Daily Forex Trading

Postby Mira » Sat Sep 15, 2018 10:37 am

LeMercenaire wrote:
Leoheart wrote:
LeMercenaire wrote:
I was in no way trying to put you guys down, sorry if it came across as condescending in any way.

Anyway, yes, the thing with indices is that they can't help but be correlated in all sorts of ways, some blatantly obvious and others in completely unexpected ways.

They tend to operate like subsets of each other, wheels within wheels.

I don't know offhand of any one source of information but as always, I shall give it a mull or two and get back to you if I come up with anything.



I am totally offended. That’s it, your name is coming off my Best Online Buddy List as we speak ( jk but no smiley)

In all seriousness, I think fx traders are very spoiled in that regard(correlation). They can fool us on many timeframes , but never the final destination.

Thoughts cross my mind and I am sure others too, how do we replace fx trading experience once paper money aka banks are obsolete. We laugh at bitcoin with greater laughter but great truths are often laughed at until they become the norm. I think I may and regrettable will have to go the bitcoin route for it’s likely the most comparable to fx in terms on all large number of currencies backed by correlation. I hope Bitcoin is a bust I really do..


Have you seen the spread on the thing? (Also Etherium). Yowzaah!


Yep is pretty large. Untradable intraday:

B93D7F98-7330-4C6E-ADAE-4AAE983AC031.png
B93D7F98-7330-4C6E-ADAE-4AAE983AC031.png (87.57 KiB) Viewed 503 times


That’s sad, goodbye trading weekends :lol:
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Mira
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Re: Daily Forex Trading

Postby Mira » Sat Sep 15, 2018 11:00 am

LeMercenaire wrote:You guys are making the mistake of thinking that this thing is like FX, nothing could be farther from the truth.

The above article is somewhat biased, with the probability that the author is ticked off, having lost his house.

For a more serious (very serious) look at what the VXX actually is, read this:

https://steadyoptions.com/articles/the- ... -vxx-r289/


I’ve been on the articles, thanks for sharing!

Yes! It’s totally different from fx.

My analysis (as an ignorant):

I’d say that people is buying massively one time a year and then they’re short for the rest of the time.
Price keeps ranging from lows (15$) to highs (50$) with no or little profit taking in the middle.

Having more clues about the buy/short, I mean more that those two price levels, could give us some funny opportunity. It’s still a 1:3 return everytime it moves :-k

7005DDDD-E8DE-4A56-8908-5E7D102DE20C.png
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LeMercenaire
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Re: Daily Forex Trading

Postby LeMercenaire » Thu Sep 20, 2018 9:53 pm

Over in The DAX's yard, price has reached the Daily tf channel upper limit.

Now we see what happens...

.DE30.DailyasChannelIncOverviewendofday20thSept18crop.png
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LeMercenaire
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Re: Daily Forex Trading

Postby LeMercenaire » Wed Sep 26, 2018 6:47 pm

UJ getting playful, lol...

USDJPYH1gettingplayful26thSept18.png
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LeMercenaire
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Re: Daily Forex Trading

Postby LeMercenaire » Wed Sep 26, 2018 8:03 pm

Playing with stuff.

Nabbed a nice +5 on a SEMA+SS Scalp.

InkedDAX-asSEMA+SS-scalp26thSept18-crop2_LI.jpg
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LeMercenaire
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Re: Daily Forex Trading

Postby LeMercenaire » Wed Sep 26, 2018 8:04 pm

The bias was long from info on the H1 tf.

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LeMercenaire
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Re: Daily Forex Trading

Postby LeMercenaire » Wed Sep 26, 2018 8:16 pm

Possible bounce potential on EU (at 21:15 UK time).

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Re: Daily Forex Trading

Postby LeMercenaire » Thu Sep 27, 2018 8:20 am

Running a handful of SEMA+SweetSpot Scalp set-ups this morning. Too fast on the others to get the screenshots but managed to nab this one. Don't say I'm not good to you :P

Target is obviously +5 but closed this with +6 in the bag.

SEMA+SS Scalp +6

DAX-Monster-SEMA+SSscalp-27thSept18-cropclosed+6.png
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LeMercenaire
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Re: Daily Forex Trading

Postby LeMercenaire » Thu Sep 27, 2018 8:23 am

I can't ink without having to crop the image idiotically small but hopefully you can make out the entry.

I was a bit cautious about going in on the run up as it got nearer to the 50 but happy enough when I got the close above.

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