Comments on: Before rate decisions.

By: Currency swap lines. | fxmadness.com

Currency swap lines. | fxmadness.com — Mon, 01 Feb 2010 17:15:39 +0000

[...] the opening could be volatile as well. Just like last weekend, all JPY pairs and the commodity currencies crosses are candidates for gaps. By this time tomorrow we should know if the Dollar is indeed charging [...]

By: Japanese debt. | fxmadness.com

Japanese debt. | fxmadness.com — Tue, 26 Jan 2010 21:23:03 +0000

[...] Yen didn’t suffer any consequences because of that. Combined with BoJ decision to leave rates unchanged (what a surprise), JPY largely gained during the day. Evidently public debt levels are secondary [...]

By: uberVU - social comments

uberVU - social comments — Tue, 26 Jan 2010 10:43:43 +0000

Social comments and analytics for this post…

This post was mentioned on Twitter by FireandSword: While Yen was quiet, Pound pairs created good gap #trading opportunities. Take a look. http://cli.gs/VM8RL3 #currencies, #mkt…

By: admin

admin — Tue, 26 Jan 2010 07:21:47 +0000

Neo, you are welcome and thank you for the vote of confidence. No I don’t have any literature for sale. If there is enough interest, maybe in the future. Currently have too many things going on for me to take on another project. But feel free to ask questions here.

By: admin

admin — Tue, 26 Jan 2010 07:18:27 +0000

Heather, not really. As is right now, only short term trades are considered. really short trades. Anything of the sort I normally discuss here will wait. I think.

By: Neo

Neo — Tue, 26 Jan 2010 06:57:03 +0000

Man, this is a agreat blog! Do you offer any courses for sale? Don’t see links. Would love to learn to trade like this. Keep it up and thanks!

By: Heather

Heather — Tue, 26 Jan 2010 06:52:45 +0000

Are you doing anything with Yen today? Interest rate news is out and just like you expected, no change.

By: Twitter Trackbacks for Before rate decisions. | fxmadness.com [fxmadness.com] on Topsy.com

Tue, 26 Jan 2010 06:03:03 +0000

[...] Before rate decisions. | fxmadness.com fxmadness.com/2010/01/25/general/before-rate-decisions – view page – cached This blog goes where few traders dare – the exciting world of Forex outside the [...]

By: admin

admin — Tue, 26 Jan 2010 03:47:16 +0000

Thomas,
Risk/reward ratios are secondary to me, I look more at probabilities. For this trade if it was to happen right now, the risk would be about 110 pips. It is very rarely that initial risk is fully taken. Most of the time, even if the trade doesn’t reach objective, stop is adjusted somewhere closer to the price. Before the trade is under way, it is impossible to tell where it will end up to be. Trades in this blog are discretionary and the strategies are adjusted to price behavior. It is impossible to fit them into nice mold. Some trades will have very tight stops, but most of the time initial stop is fairly loose. My view is that trades need “breathing room”. If you were to average all of these types of trades, I thing r/r of about 2:1 would be about correct.

By: Thomas

Thomas — Mon, 25 Jan 2010 21:39:50 +0000

Hi Mike,

What is your average risk/reward for this kind (AUDCHF) of trades?

Cheers

Thomas