Saturday, February 3, 2018

Hi everyone!

Hi everyone, 
I  finally restart to trade with Oanda as etoro cease it operation in Canada, because of that I got to learn new stuff as I never trade using a margin account with lower leverage. At first I was a little bit sceptic on how I will make it work for me! Right now I must say I love it! I try to find a way to share a little bit more on my trading because of oanda doesn’t involves any social trading at all I miss that part from etoro…

What going at the moment. I have a primary account that i trade only CAD pairs with a positional trading strategy which I don’t want to share because those are really long term position and they are pretty much boring.

Next week I will start a sub account in collaboration with my wife. We will trade based more on speculative sentiment index and using commitment of trader.

So for this week will place only one long trade on the NZDUSD pair, the trade size will be 2 micro lots, 2000 units, the reason why we are going to open that trade is that the Speculative sentiment index is so much net short that is a good indicator that It might go up in the next coming week

Analysis from dailyFX.com

And the Forex Commitment of trade show that commercial trader start to put themselves on the buy side and the open interest continue to rise all those fact are in our favors as we want to buy New Zealand Dollars against US Dollar
Forex CoT analysis From Oanda



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