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Kenneth Wittusen

Sweden

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Member since:	September 25, 2015
Last Visit:	May 2, 2016
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EUR/GBP update

Absurdum Posted 20 Oct. in #Trader's blog

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.

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Yesterdays drawdown

Absurdum Posted 20 Oct. in #Trader's blog

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…

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DE30 or DAX

Absurdum Posted 16 Oct. in #Trader's blog

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.

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