thread: Training Journal

So US led coalition just airstriked portions of Syria today. No reply from Russia yet. Its hard to say for sure although I doubt that this episode will develop into anything considerable. I do not wish harm to be done into the world, on another, I'm set to profit from it. Such ironical conflict!

Lol you ill minded trader. You're worse than Gordon gekkoe.

Yea I posted about it this morning. Yen cad and oil can acquire strength.

The boys predicted it ancient as most of yen pairs were dropping strength from sooner

So US led coalition just airstriked parts of Syria. No response in Russia yet. Although I doubt this episode will grow into anything considerable, its hard to say for sure.

On one hand I don't wish more injury to be done to the planet, on another, I'm positioned to profit from it. Ironical that is such conflict!

quote Yes please! It would be appreciated! My current prognosis is that this rate increase speculation is at risk of reversal come BoE rate decision in may!

The analysts also have told me it's 80% priced in. All you need to do is look at gbp pairs as well.

Hike is almost likely to occur and another 1 year end.

Go to 7 minutes with this particular video and here what he states about cable

He possesses a top prop finance this trader.

Closed Outside GBPJPY for bout 30pips. There was a reversal in the end of oriental session. Which I guess will be the theme for the next half of friday. Will be watching closely for any risk-off/profit taking spikes. Perhaps those could be ridden by me also? I rather not perform with these kinds of topics unless there is really a solid reason to.

In a spate of itchiness, I took an extra short AUDJPY place after seeing markets inverse to risk-off sentiment. Golds up, equities down, bond futures up... Vintage risk-off sentiment scene. The only outlier is the lack of USD strength despite this. In any instance, made off with 5pips.

I have to remind myself that not every day is a active trading day just like today. Actually, I got lucky to close out in profit. Currently equities are moving back to the open of their day and currency, commodities proceeds have stalled. Which suggests yet another reversal.

Assessing my transactions today. I believed that my first trade on gbpjpy was a nicely thought out and nicely grabbed golden opportunity. My next trade was reckless, unplanned, and centered on gut. That isn't a good trade! I was aware that markets could act funny. Yet I still went and took a risk with all the trade. Though the market moves matches it was still a risk type of trade to try. This has been made worse by my lax calculation of position sizing. That was profit concentrated rather than risk concentrated.
I have to remind myself to always be risk focused when setting transactions. If the conditions are too unsure, it is much better lose out on gains and to allow the trade slide instead of to take the dip. Await the trades that are money-lying-in-the-corner. Those golden opportunities so to speak. This will help to mitigate the amount of risk I am undertaking which will contribute positively to the long-term growth of my own capital.

quote Lol I can get confirmation of how much it's priced in if you want? But does it really matter how much priced in it is because finally the currency is trending upwards with strong goals due to pricing at a increase

Yes please! It would be appreciated!
My current outlook is that all this rate increase speculation is at risk of reversal come BoE rate conclusion in may!

quote Ouh so that 80 percent is subjective?

Lol I will get confirmation of how much it's priced in if you'd like? But does it really matter priced in it is because the currency has been currently trending upwards

quote Lol they told me it's 80% priced in. Look at strength. That's a fundamental push as well as also the 1 day chart confirms it. As he's talked , Carney hasn't disregarded the increase. So its pretty much occurring. What I was told is that if it doesn't occur then anticipate a bullish statement but it's pretty much a done deal lol. I get advice fast due to viewing conventions (by little hedge fund managers) and paying to get news feeds/ info advice.

Ouh so that 80% is subjective?

quote Huh? I don't understand man. I was asking where did you get the 80% figure out?

Lol they told me it's 80% priced in. Look at strength. That's a fundamental push and also the 1 day chart supports it.

Carney hasn't disregarded the hike as he's spoke twice this week at events.

So its pretty much happening. What I was also told is that if it doesn't occur then anticipate a bullish statement indiing a hike in the near future but it's pretty much a lot lol.

I get information quickly due to viewing conventions (by tiny hedge fund managers) and paying to get news feeds/ data info.

quote Loool. So last boe moments 2 voters voted for a hike. The only reason why the currency did not rally up is because trade war was cited in the seconds the currency dropped. I also talked at ran and the banks are pricing in a hike for next month strength in pound.

Huh? I really don't understand man. I was really asking where did you receive the 80% figure from?

quote Wow, where did you get your rate increase chances? The single central bank with rate increase probability which I know of is the fed. Didn't know BoE had these too.

Loool.

So last boe minutes two Republicans voted for a increase. The reason why the currency didn't rally up is because trade war was cited in the minutes the currency dropped.

Additionally, I spoke with the analyst at ran and the big banks are pricing at a increase for next month thus constant power in pound.