Sweet Spots for setups

Sweet Spot ii

Sharing some thoughts and insights gained from recent months in trading various markets.  Idea of now anticipating and looking for my desired setup in specific locations based on the bigger picture – i.e. in the sweet spot.  Continue reading

Posted in Trend-Following Strategy | Tagged , , , , | 1 Comment

October/Halloween FX trading wrap

A brief summary of what’s been happening on my trading front the past three weeks. Continue reading

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Monday Morning in my ‘trading space’

Monday morning.  Sitting in front of my trading charts.  This week will be quite focused on trading, as I’ll have time up my sleeves.  Briefly sharing some of my current routines and also included graphs of actual trading performance for 2018 thus far – nothing astonishing just some grinding.

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Posted in Reversals Strategy, Trend-Following Strategy | Leave a comment

Two Traders Talk – Part III – the rarity of profitable traders

Several months ago, back in April’18, a long conversation over coffee between my trader buddy and I sparked a number of ideas in my head.  We explored various aspects of our respective trading journeys, both of which were now several years in duration.

This is the third part of exploring the themes that sprung up in that conversation.  The themes in this post are the rarities of profitable traders and the difficulties in even identifying those likely to be successful.

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Posted in Financial Markets 101, Psychology | 7 Comments

3-week FX trading update

Realizing it’s already been 3 weeks since my last blog post, here’s a quick update.

Trading continues, though on part-time basis, mostly based on trade setups shared in a trading room.  Have been exhibiting good trading behavior.  Results are profitable.  Doing some coding too.  That’s the executive summary.  Read on for more details. Continue reading

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Trading Strategy Performance Review

Time for a review of a batch of trades I completed over the last 3 months.  In this post I summarize the performance statistics, illustrate the actual equity curve and provide a Monte Carlo simulation based on the results in the sample thus far.

The strategy is manually executed, but uses code to generate trading signals and to identify stops and targets.  It is a trend-following strategy attempting to enter on pullbacks in price, and is predominantly traded on the 4-hour timeframe in the spot FX markets.

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Posted in TF007 Strategy | 10 Comments