Weekly #Forex signals
Thought of the day: “Sometimes by kising a battle, You find a new way to win the war”, Donald Trump, Happy Birthday
- USDRUB Weekly Bullish Weakness 2015-06-13.png
- EURRUB Weekly Bullish Weakness 2015-06-15.png
- EURNOK Weekly Bullish Weakness 2015-06-13.png
- Complexity is a form of laziness
- Great traders are not smarter, they have smarter trading habits
- If investment is a process, then automation is a logical conclusion
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- Bullish weakness: Longer-term trend is bullish. There has been some temporary weakness, but the uptrend is likely to resume
- Bearish strength: Longer-term trend is bearish. There has been some temporary rally, but the downtrend is likely to resume
- Volatility Channels (Horizontal dotted lines) : Markets often retest swings. This is a volatility buffer to allow wiggle room.
- Volatility Channel: Think of the other side of a volatility channel of the distance it would take to close half the position to break even if the remainder was to hit the stop loss
- #n%: Think of it as a rudimentary equity at risk position sizing. It is 1% divided by the distance from the day the swing is recorded to the volatility channel
- Disclaimer: this is neither a solicitation, nor an investment advice