Dukascopy Smart People Community

Name:

From:

Eduardo Rebaque

Argentina, Cordoba

Sex:

Born on:

male

March 17

The decision to rate your interest

erebaque Updated 4 Aug. in #Trader's blog

After a lot of interest rate decisions announcements and dozens of strategies to deal with, I finally “discover” that fundamentals are subject to the market participant´s interpretation and also many other variables that make up the macro-economic atmosphere which it take us into an ocean of uncertainty – something not wanted at all by people who wish to become professional traders-.
As regards technical or fundamental events, inexperienced traders usually tend to pay attention to guessing whic…

Read full story

Translate to English Show original

A short one EUR/JPY (4 hours chart)

erebaque Posted 7 Jan. in #Trader's blog

Looking at the four hours chart I saw an opportunity to enter short EUR/JPY.
Here my reasons:

It’s the first big correction in the last three months.
Strong bearish convergence between the price and RSI.
At the time even couldn't rich the level of R1.
It is drawing a continuity triangle.
A death cross was formed recently between EMAS 30 and 50.

How did I plan to trade it:
I enter short near R1, and put my stop loos over R1, theprofit will be reached before the EMA (200) and S1.
And as always my Idea …

Read full story

Translate to English Show original

The LOGIC Path to Success

erebaque Posted 6 Jan. in #Trader's blog

And here we are again, sited in front of our monitors with a handful of frequently asked questions. I remember my first times on trading. It was a sort of battle between a part of me that could easily find the path and the other part which strongly believed that always knows a shortcut. Related to what I has just said, there is a fantastic story that represents it perfectly…
An old Cherokee told his grandson:
“My son, there is a battle between two wolves inside us all. One is evil. It is anger, …

Read full story

Translate to English Show original