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The 40 Pip Trader

@40_pips

Personal Trading Journal -- You are the edge, not your trading system ||

Joined June 2014
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Euro and Pound look thin on the upside. CPI might push dollar lower today imo


The 40 Pip Trader Reposted

Things I'd like to tell my 20-year-old self:


The 40 Pip Trader Reposted

Good morning! Before you enter any trade you need to know: 1. Where to enter 2. Where to take profit 3. Where to stop out If you don’t have these 3 things figured out before hand, don’t hit the buy button


The 40 Pip Trader Reposted

A few worrying signs if you are a Central Banker trying to kill inflation for good: - Housing showing some early signs of life again - Used car prices up on a monthly seasonal adjusted basis - Financial conditions loosening as if QE was announced in Nov Time to fight back?


The 40 Pip Trader Reposted

10-year Treasury yields just dropped 80 bps from their highs in June: quite a big move! But what's going on behind the curtain of the bond market is even more impressive. A thread. 1/


The 40 Pip Trader Reposted

*NANCY PELOSI TO MEET TAIWAN'S PRESIDENT ON WEDNESDAY - FT 🇺🇸🇨🇳🇹🇼

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The 40 Pip Trader Reposted

⬛️◾️▪️

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Playing a short here. A possible reversal from the inefficient move yesterday. Long on Euro. First target is yesterday's high.

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