A sudden flight to safety
Yen pairs take a beating
What is the current state of open trades, if any, of this system?
Stocks continue to fall but yen pairs rally , Strong dollar which we would expect on a down stock market day
Sorry, I should probably check it myself, but what exactly are your spreadsheets showing? I mean literally, percentage gain/loss or what?
You are right, you should check it yourself.
Good Luck
Yen is on top for only the second time this year, will it last more than a day?
I am traveling and will not post again until the weekend
good luck
I hope that is time travel into the future; bring back some charts, good luck indeed.
Very little change today
Hi Dennis
this is really creative strategy. Well done!
could you please also share how you setup stop lose and take profit method?
how can you determin the trend is over and take the profit?
Thank you!
This is entirely on you and your comfort, I like wide stops like 500 pips wide, others will not let a trade go below -100 pips, for profits, if in more than one contract taking 100 pip profit on half your position and let the rest run with a breakeven stop is a good beginner way to get started
You can never know for sure, just know you will never take profit at the top( or bottom) , just don’t let a winner turn into a loser and you should be fine
Top Trade NZDJPY is at the +500 pip mark,
I love how Strong Weak does not get us into this trade until the old trend has clearly been broken
Thank you so much for your reply, Dennis.
one more question:
do you always trade only two currency: the strongest and weakest one.
or possible check others : top2, or bottom 2?
Thank you
These are some incredible negative numbers
Sure, stick to your favorite pairs