Forex Majors (Aggressive) 토론

Friday Update (Dec 4, 2020): Please take note that the risk appetite has been increased to aggressive (4/5) with the anticipation of GBPUSD trade volatility. Still eying one last potential entry at 1.37 😇

Critical Update: First potential losing month in a year and a half. GBP likely to continue up with a weakening USD and BoE not going negative rates. Hedging some of the losses with a long on EURUSD. Still believe a bearish trend will come long-term for both GBP and EUR (1-2 years). Will continue to swing trades while the long-term position holds. Waiting for Fed bank rates to begin raising again in 2022 (DXY likely back down to 88 or lower).

1:200 is a very good leverage to use specially on a demo. Good work here.

So that everyone knows, this account is a demo that is tied to a live account. Two reasons for this: 1) not a fan of connecting a live account to a third-party website, and 2) my broker doesn’t allow it anyway. The account you see is a 1:200, however, the live account is 1:7, which is why you never see this exceed that limit (I try to keep it no more than 3-5x leverage anyway, even when I’m being “aggressive”). The aggressiveness behind this account currently is because I am setting up for the Pound to crash, and I believe there is another crash in store for it in the coming year. If I’m wrong, I’m wrong, but this is the trade I’m currently in. I might use some of the additional leverage I have left to swing some Euro trades.

@Kernyl You see the difference here? With a demo, you’re trading 1:200 whereas live is just 1:7. What’s the point of trading demos when there’s such a huge difference and minimal chances of accuracy?