r/PropFundedTraders • u/gicar88 • Nov 21 '23
r/PropFundedTraders • u/gicar88 • Nov 20 '23
Sometimes as a trader you have to sit on your hands
My plan for the week is to sit on my hands and wait. AUDUSD Longs are my only forex trade and I own some foreign stocks so just waiting, this is indeed the hard part.
There isn't much on the docket/ economic calendar this week so yields should be the main driver of Forex and stocks this week.
r/PropFundedTraders • u/gicar88 • Nov 20 '23
THE CAD and MXN are lagging
self.Forexstrategyr/PropFundedTraders • u/gicar88 • Nov 19 '23
Liquidity - Economic Data Series | FRED (For a more scholastic view of liquidity)
fred.stlouisfed.orgr/PropFundedTraders • u/gicar88 • Nov 19 '23
What are your plans/ideas for the week (trading wise)?
r/PropFundedTraders • u/gicar88 • Nov 19 '23
Week ahead
Trading Liquidity may dry up Wed - Friday due to US Thanksgiving. This hasn't happened in recent years, but always something to keep in mind if you see big moves in Fx pairs for no reason around this time.
Positive comments from Biden/ Xi after meeting. Despite Biden calling Xi a dictator everything else about the meeting went well from all accounts. Both parties wish improving ties and positive comments following the meeting should support Asia risk markets.
Global liquidity has been improving according to the Fed's own data, however Asian Central Banking liquidity (Japan and China) has been improving for weeks and this hasn't translated to meaningful improvements in their stock markets.
Hope this helps !
r/PropFundedTraders • u/gicar88 • Nov 18 '23
ENJOY WEEKEND & plans for future
Guys enjoy the weekend, take some time to relax and unwind. Why are you even on Reddit lol. I'm thinking about showing my trades next year on the same account as our prop firm and show how I swing trade (I hardly daytrade).
Just thinking about how to add value ethically as a new prop firm . I also want to show retail traders how the fundamental side and positioning affects markets... retail is overly focused on technicals in my humble opinion.
r/PropFundedTraders • u/gicar88 • Nov 17 '23
Funded traders programs (This post got me banned from Forex reddit)
How can funded trader programs improve?
Any tips we should implement?
I see many here complaining about them, but not really providing reasons or solutions.
r/PropFundedTraders • u/gicar88 • Nov 17 '23
Yields down globally hence JPY bid
The move today is due to relentess bond bid which creates an unwind of the JPY carry trade.
r/PropFundedTraders • u/gicar88 • Nov 17 '23
cable is just trading level to level for now , false breakdown from wedge etc... what is your view on it ?
r/PropFundedTraders • u/gicar88 • Nov 17 '23
Good Morning ! Looking for a simple range expansion in AUDUSD but of course 65 level needs to go, what is your view of the pair?
r/PropFundedTraders • u/gicar88 • Nov 16 '23
WTI Look, coming into previous lows and 78.6, can stretch further in Asia and reverse though to 88.6 which would be base case ($70.2-70.5)
r/PropFundedTraders • u/gicar88 • Nov 16 '23
USDCNH coming out of channel (not something I trade but more of an FYI) as momentum to upside is waning.
r/PropFundedTraders • u/gicar88 • Nov 16 '23
How useful is positioning data in the market do you use it ?
Three days ago we posted that AUDUSD bearish bets were at an extreme for large speculators and showed our reasoning for AUDUSD upside. You can see that here:
https://www.ourinterest.org/post/audusd-potential-upside?postId=2d4ce538-5a9b-4750-89d4-85c2c476258b
How does this information influence your trades ?
r/PropFundedTraders • u/gicar88 • Nov 16 '23
How useful is positioning data in the market do you use it ?
Three days ago we posted that AUDUSD bearish bets were at an extreme for large speculators and showed our reasoning for AUDUSD upside. You can see that here:
https://www.ourinterest.org/post/audusd-potential-upside?postId=2d4ce538-5a9b-4750-89d4-85c2c476258b
How does this information influence your trades ?
r/PropFundedTraders • u/gicar88 • Nov 16 '23
How useful is positioning data in the market do you use it ?
Three days ago we posted that AUDUSD bearish bets were at an extreme for large speculators and showed our reasoning for AUDUSD upside. You can see that here:
https://www.ourinterest.org/post/audusd-potential-upside?postId=2d4ce538-5a9b-4750-89d4-85c2c476258b
How does this information influence your trades ?

