Welcome to SteadyCompound 1st Newsletter, A few notes about my approach to nowadays trading - I am a retired trader (2008-2018). I day-traded high frequency time-frame across Stock (2008), Bond Futures (2010), Forex / Gold (2012), Commodity e.g. Brent, Gas (2015) and Crypto (2017) - I turned start-up cofounder (2020) and recently gained financial freedom (2023),...
We are short sugar at 20. TP at 18 and SL at 20.5. A 3.8 risk to reward ratio. This setup is 50% profitable.
We are short AUDNZD based on our monthly trading signal of 80% profitability. Take profit at 1.035.
After a good discharge of points and stoplosses on Nasdaq Index, an automated algo of mine entered long at the open of the session on NQ futures recently, it will stay on trade for 2 days. Cause it is a mean reversion algorithm the risk reward is set to 1:1 as shown on the graph.
Let's look at some opportunities today.
Morning analysis for Dec 4.
Review of yesterdays trading for the H1BO system. -1R at the close of play.
Yesterdays H1BO trades on EU, GU, GY, AU, EA, FTSE