Niccolo Tirelli / Profil

Today account "Chimera" and "Net Fx Scalp" will be reset to the balance of 1.000 EUR / USD. The DD is low so no one effect for the copier. I remember that 1.000 EUR or USD (Chimera is in USD, Net FX in EUR) is the normal balance to consider for the copy.

The signals Net Trading FX scalp and Chimera, the last manual signals continue to stay here, joining some importants features about the strategy optimizated in the last 3 months with this pumped market. In the next weeks it's high probal that will start a new signal to focus better the new performance. And the firsts 2 signals called "Rescue Zone" full algoritmich are ready. The first, "Rescue zone EURUSD" is online from the beta test to show all evolutions and now is full operativa. The second one, for now called "Rescue Zone CAP" are running on my real account from 2 weeks, to test different scenario and in the next day will become available as signal here.

Back to the graph, today some hours to check better what happened in these days, about markets and about my EA online. A bit of luck with dollar and my situation on the manual operative accounts changed (finally) DD decreased, a good start of yield in october and positive test for the new EA give me back the smile. Were months that it was frustrating stay here... but never stop, only big work to understand HOW contrast the market. Maybe...... i publish every my work, my test account and describe how i work because i want that is clear what happen behind here! Enjoy the week end and ready to see all update next week. Remember that I have my telegram channel for know update, news, analysis, new signals idea and everything. --> https://t.me/tnt_info

"the rate cut leads to a depreciation of the currency". In fact, I had also opened a position (obviously with a stop) in this regard, but as always, the market in its infinite wisdom, despite the confirmed cut, reacted in the opposite way. Let's see what happens in the next few hours.... I remain with longs reopened in the fall of USDCHF

Roller coaster, that's where we are. If you are faint of heart, don't get on it. I'm going from disgusting DD levels to scary DD levels in a few hours and then back again. A market that requires a lot of energy, aggressive manual trading and very light and adaptable analysis. While I was writing I closed EURCAD short, let's try to see usdchf if it creates a real concrete reversal and above all if EURUSD and GBPUSD return to average levels on average TFs that allow us to close all the previous. Bottom line, we are at key levels for intraday, waiting to build weekly structures.

Nice deceptive day. Once again the data release had the random effect, in the morning the data against EUR pushed the dollar hard, which instead was still affected by the afternoon data. In short, here it seems that the dollar does it wrong, and along with it a multitude of traders are on the wrong side of the operations. Now it is no longer trading, it is a race of resistance. Oh, and gold which has returned to being the most loved safe haven in the world does not stop marking new historical highs...

It's not the first time that I've seen a movement like this on a Monday morning. I still remember a similar scene shortly after 08. This time it started a little later, and if I said it was predictable I'd be lying. But yes, after a week of a bit of alignment, also considering the non-reaction on Sunday night, it was there. And almost 3% profit in 2 hours are good things. Too bad that then, as it came, it went, and I who am still exposed with deltas of even 2% of price, am patiently waiting for the real return to lower prices. In addition, the pairs have started to move independently of the dollar, just look at GBP. Volumes with "holes" and still low, as usual on a fairly weak Monday. The dollar for me, is waiting for its opportunity, after having suffered violence since July, awaiting redemption in a market that wanted to anticipate the times and now finds itself figuring out which direction to take or rather, having to correct an artificial extension.

Another technical / constructive comment: I talked about EA development, but I didn't say that at the moment I have abandoned all the old models, not because they were old and obsolete, but because the market is not that. So was it enough to fix them with a few optimizations? NO, NO and NO. It's not about changing a parameter that makes the grid wider for example, but it's about understanding that the grid is no longer the necessary tool to manage a recovery. Wait! I don't want to create generalized terrorism, but try to grasp the essence. There are thousands of combinations and it's not that they have stopped working, but for many, something more than a simple optimization might be necessary.

I remain stunned as the market continues to be influenced by this news. I hoped, I prayed that this psychological suggestion about what the rates will be, in turn, a consequence of other data that will have to be released, would have ended. But the market reacts to everything today, as it has been doing in a crazy way since July now. And here every time the natural ascending and descending curve (or vice versa) becomes yet another one-way sprint that burns stops and accounts. It is difficult to carry out an analysis with a market like this that does not care about graphic elements and the only points of interest are SEVERAL percentage points away and therefore in practice not very usable in a leveraged market. The only positive note for me is that the new experimental hedge systems called "Triangle" and "Rescue zone" that allow me to bypass wrong entries are proving valid and perhaps at the moment, for my type of trading.

Today I won't bore you with comments on the charts, I'll just leave you with the movements of the futures that are the main ones for me and the DXY marking 20:00, the time of the legendary news. What happened, what will happen you will have already read in a hundred mailings, groups, different analyses.
I just say be careful because today the market will try to metabolise everything, and if I look at the movement so far, it doesn't seem to me that there are many clear ideas. I remain in the "if I can I'll close something" mode

from my telegram channel

EURUSD is at an interesting level and that rectangle is an area of ​​attention for me. Of course, everything leaves time as it finds as an analysis in fact I remember that next week, we will have the new (maybe) US rate, which will close this period of months of waiting in which the market has already done the numbers. But how will it react?