arjaq's Blog

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Almost wiped my profit out

Well, Trump was right, that was Brexit times ten at least. Any stop loss had not much sense yesterday night. I feel I might be not in game on demo contest for this month, as my positions were wiped out almost erasing previous profits. Although my predictions were right - USD soared after the election, no matter who won.
I think ZAR and AUD are now best currencies to invest in as safe haven currencies are going less popular, yet price of gold goes up constantly.
We can say it was an extreme trip …
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olgerd902 avatar

Вперед, Варшава! Удачи. Хорошая работа.

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NZDJPY - the pair that should be taken into consideration by any trader

1. What drives the pair?
One of the important fundamental factors driving the pair is safe haven versus yield search. We must remember though, that New Zealand is not a high risk country! This is why we can see NZDJPY going up sometimes in spite of JPY currency index going up too. Both countries are 'far' from the rest of the world and both are 'isolated' as they are 100% insular. Although initial reactions to events like Brexit make JPY or CHF appreciate against everything, after the fi…
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My first contest here

Started my first Dukascopy trading contest right now. The main strategy for first 1-2 weeks will be 'milking the Brexit', no suprise in that .
Later on I will try daytrade with some carry positions - tactics that always prove to provide the most consistent income.
My main goal stays as usual on my FX contests - keep the acc running and be profitable.
My predictions are:
  1. GBP depreciates if Brexit issue advances
  2. GBP rebounces fast if British resign from Brexit anyhow
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verindur avatar

Too much info to digest. ))

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arjaq 3 Jul

I trade with news on (Bloomberg), data feed on other window and consider any pair that is relevant for trade at the given moment. It took me over 250k transactions through over a year to learn doing that efficiently, yet it is worth it I'd say. Also still = lot of space to improve on that method.

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