Open trading account 
Last week i posted a trade setup on eur/gbp, i posted a chart where i put out letters where it would go and so on, now i think it's time to show an update and how it's coming along, talk about accuracy. Next target on the chart is H let's see how close we can come to that.
Absurdum's Blog
Yesterdays drawdown
Well yesterday was a stupid day for my trading, i went out way to early on the trades and took to high leverage and therefor created a stupid drawdown, then again since this is a competition where traders dont trade as they would do with a live account you have to use leverage. I compete in other trading but there the rules are different, so you cant leverage to high and you are not allowed to have higher DD then 30% so the game is totally different.
Just take a look at the one who leads this co…
Just take a look at the one who leads this co…
DE30 or DAX
Time to go into 3 push low on DEU(DE30/DAX), and this should be the third wave/push down looking on D1. If i measure it i have almost the famous 73% ret, giving us a traget of 9300 to start with, this also goes align with eur going up.
So i recommend to go short on DEU at current price, trade with money management to be able to handle swing, also this is a setup based on higher time frame(D1) so it's not something you close today.
So i recommend to go short on DEU at current price, trade with money management to be able to handle swing, also this is a setup based on higher time frame(D1) so it's not something you close today.
EUR/USD
Good mornig so e/u made 3 push low on H1, not as far as i said but it came close. Turning to M15 and on H1 and you will see that 3 push low has come to it's end and is in a accumulation phase right now, this is the spot to go high/long.
DAX30
I got a question about DAX, many traders waiting for it to go down, yesterday i wrote about this told those who not already where long to go long on 9915.6 H4.
Why then, well we have had push 1 up, now we should see it go up, my goal is that it brakes above 10100 with a full candle on H4, lets see where we end up.
Why then, well we have had push 1 up, now we should see it go up, my goal is that it brakes above 10100 with a full candle on H4, lets see where we end up.
EUR/USD
Euro/Usd went up to test D1 resistance at 1.1480 but at this time it's not able to break it, there have been 3 push high so im looking to shorten eur/usd and this will also go along with my eur/gbp trade that i posted earlier.
EUR/GBP
Here is my point of view when it comes to eur/gbp, i did the same forecast almost 2 years ago when i started a facebook group where we discuss currency trading, now 2 years later the pattern is repeating it self again quit funny to see.
AUD/CAD
Entering long on aud/cad @0.95236 expecting the third wave to be initiated, previous candle is showing bulls, minimum target for this is 100 pips, then accumulation and stop hunt.
Last weeks trade start to run into profit
Last week i took long position on gbp/jpy, it went a little bit negative, what to expect(counter trading from brokers), the trade is based on H4, it might run into TP later today or tomorrow. This morning i also took a short position on usd/try and that is coming along just fine.
CHF/JPY
Looking to go long on chf/jpy, trade is based on H4 and we have a 2 push high with retracement, 3 wave should be initiated.