IHF (read: I Hate Forex) system went long of NZDUSD on Monday, and it was a crap. Stopped. And It went short on Tuesday. Another +130 pips trade. Nice short. Exited the trade at 0.52-ish level. Well, I maybe wrong, but who cares. Let’s wait for next signal. Here is the chart to inspire you, […]
Trading Journal
One EURGBP trade
I thought this chart is nice and probably inspiring. This is a short trade made by my ‘I-hate-forex’ system as I mentioned in my Weekly wrap up. Target was hit during opening hour of Friday London session. Short EURGBP. +160 pips
Weekly wrap up and some rants
This is a relatively quiet week for RDT (read: Really Dumb Trend) system. It does not generate any signal until closing hours of Thursday U.S session. Short signals acrossed the board. I am currently shorting EURCHF, AUDJPY, Long USDCHF. I shorted EURJPY , unfortunately, got stopped out. I did not take another EURJPY short trade […]
Thoughts from trading strategy development
One of my regular trading related work is constantly researching and creating trading strategies for my trading tool box. It is an interesting job. The programming, testing, and debugging are painful and sometimes, mind wrecking :-). But, it is still considered as mechanical effort, since we have the strategy, rules, the work is just translating […]
Bearish week for Euro?
I am wondering are we heading to a negative week for Euro? At least my trading idea box is calling a short now. We have Euro-Zone Industrial Production, CPI, Trade Balance figures etc coming. Generally, it looks bearish. Let’s see how it goes. Let’s have a look at the chart. (click to view full chart) […]
Weekly wrap up
I would say it was a little bit tricky this week. The RDT system went Long and short on EURJPY, Long NZDUSD, both were doing pretty good, except the Long EURJPY, which was a crap with -1R loss. GBPUSD was a discretionary trade. It didn’t meet the RDT system criteria, so the system gave it […]
