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
