hi visaria, thanks for the interest x is 5. so it was half of 1% on that trade. the swissy, euro and nikkei trades were made on 4hour time frame and they were purely technical plays there isn't any compelling reason why i chose 0.5%. it's more of i'm comfortable with these limits i'll also just mention i risk 1% on daily timeframe and 2% on weekly timeframe. i add my realized profits to the overall 5% risk limits as well. just for further clarification, i trade trends. trends that are developed by events/data/news on short to medium term basis. on top of that, i take note of what's happening to an economy cyclically and structurally on long term basis as a greater overlay. i classify both as fundamentals for technicals, it's just price and moving average. no price patterns, trend lines, formations, etc for me. i tried them before but don't find them effective for me for market tone, how the market is feeling it. is it feeling better or worse? with that said, sometimes i trade because the price and market tone say so. i don't necessarily wait for all 3 to align then i trigger. i'm certain you guys have experienced trades where the market was just feeling it but fundamentals seem to say otherwise also, i'd scale in if all 3 factors are aligned. i do not scale in if they don't runnermint
i think more selling would ensue. i will try to put together some data analytics to have a clearer picture of what might happen ahead. will post them up soon not sure if you watched this, where david einhorn made some points similar to what you mentioned. http://www.youtube.com/watch?v=PcfgfjwwaPM you went short on which bond ticker? i wanted to short the 2y futures but damn, i'm just too busy over last and this week that i hardly have time to track the markets yea, i agree with you. there's this uncertainty about when the market would turn up