BlogHide Resteemsoroblanco (34)in money • 6 years agosteemCreated with Sketch.The Month of the YenMay was undoubtedly the month of the Japanese Yen. My own trades made a profit of 6.9%, taking the cumulative profit from the founding of Mangrove Trading Academy to 102% since September 2017.…oroblanco (34)in trading • 6 years agosteemCreated with Sketch.Why I Don't Have an OpinionAs a trader, many of my friends and family view me as an authority and frequently seek my opinion on the financial markets. To be viewed as an authority is obviously a good thing, but what we do is…oroblanco (34)in news • 6 years agosteemCreated with Sketch.The GBP is at 18 month highs... but can it continue?Almost six weeks ago now, I published an article on my website called “ What Does Brexit Now Mean for the British Pound? ”. In this article… I cut through all of the distractions offered by the…oroblanco (34)in trading • 7 years agoThe "Lazy" Trader: How to Fit Trading into Your LifeIs it possible to fit learning how to trade and actually making money into your busy life? The answer is YES! I started trading while working a full-time job and eventually graduated to making it…oroblanco (34)in trading • 7 years agosteemCreated with Sketch.Why Most Traders/Investors Are Wrong About EmotionThe vast majority of traders end up losing money or even blowing up their account. Unless you want to follow in their footsteps, you need to do things differently to the herd. A quick search…oroblanco (34)in trading • 7 years agosteemCreated with Sketch.Don't Place Another Trade Before Trying this ExerciseLake Atitlan, Guatemala (taken myself) To achieve optimal results in trading we need a calm, clear mind without distraction or bias. This is not generally our default state. However, there…oroblanco (34)in trading • 7 years agosteemCreated with Sketch.Why do so many traders lose?Most traders lose money in the markets. The sad truth that you don’t often hear is that you actually need to do far better than the top half of traders to make money. In fact, just to break even…oroblanco (34)in trading • 7 years agosteemCreated with Sketch.Japanese Yen regaining strength after re-electing Abe in landslideAfter this weekend's strong election result in Japan for Shinzo Abe, the Yen now looks set to turn around and gain strength. In this article, I share with you my analyis of the currency markets…oroblanco (34)in trading • 7 years agosteemCreated with Sketch.Is the Euro about to fall?Today I would like to share with you some moves I see in the currencies markets for the Euro in the coming weeks. I have included my chart analysis. I hope you enjoy this post and find it useful…oroblanco (34)in trading • 7 years agosteemCreated with Sketch.A few currencies about to move...Hello Steemians! Today I would like to share a few trade set ups that I will be testing tonight. USDJPY I tried to go short this pair last week. I didn’t get the downside move in the time that…oroblanco (34)in money • 7 years agosteemCreated with Sketch.Why I am bearish on the US DollarIs the nine year bull market in the US Dollar over? Below is the long term chart the dollar index, an index comparing the rate of the USD against a basket of major currencies. Like many markets…oroblanco (34)in trading • 7 years agosteemCreated with Sketch.Is the US Dollar turning back down?Today, the recent bounce in the USD ended dramatically. It appears that its recent downtrend may be about to continue. I like trades of GBP, CAD and JPY against the dollar. Check out my analysis…oroblanco (34)in trading • 7 years agosteemCreated with Sketch.Canadian dollar to continue its rise?A few weeks ago, USDCAD fell below the neckline of a long term (unconventional) double top. This indicates that the direction of this pair for the next few months is likely to be lower. Often…oroblanco (34)in trading • 7 years agosteemCreated with Sketch.Are precious metals about to continue their rise to new highs?After reaching 2017 highs a couple of weeks ago, gold was mercilessly hit back down in price action that was very damaging. However, after retracing to the $1300 resistance area which it broke out…oroblanco (34)in trading • 7 years agosteemCreated with Sketch.bullish CADJPYA couple of days ago, I recommended getting long British Pound against JPY. Yesterday, I saw a nice setup to add to my JPY short positions, this time against the CAD. However, the risk:reward…oroblanco (34)in trading • 7 years agosteemCreated with Sketch.Adding to my long GBP positionsA little while ago, I got long GBP against the EUR, AUD and NZD. You can see my analysis here. I see the potential for a significant move higher for the GBP against a number of currencies so…oroblanco (34)in trading • 7 years agosteemCreated with Sketch.Short USDJPY, plus bonus trade and updatesTrade Short USDJPY @ 110.30 Stop @ 110.05 Initial target 107.84 Reward:Risk 3.1 Big picture USDJPY formed a huge head and shoulders pattern (depicted below by the red curves) in…oroblanco (34)in trading • 7 years agosteemCreated with Sketch.Flipping back short on PMs... for the time beingYesterday, despite Friday's price action, I highlighted the possibility of a continuation in the recent uptrend in PMs with trades in Silver, Platinum and JNUG . Fortunately, only one of these…oroblanco (34)in trading • 7 years agosteemCreated with Sketch.Trade alert: getting back long precious metals (multiple trades)You may have seen my original analysis of the recent gold and silver breakout of multi-year trend lines, here . I recommended getting long via JNUG, as the metals themselves were slightly…oroblanco (34)in trading • 7 years agosteemCreated with Sketch.Trading is like a casino: Reflections on long term successWhat was your first thought upon seeing the title of this post? Many people perceive trading as being very similar to gambling in casinos. This is often the case, but there is another option. In…
