BA-DOING! USD/JPY back up through 106

Every county in the world, include the European Union fixed all their economies, and now are doing wonderful. It's amazing how fast they did it. Either that, or there is some really crazy shenanigans going on this morning. I am glad my positions are sound, because I can't find any reason for this sudden slamming of the USD. Maybe I am wrong, but it doesn't make much sense based on just the little bit of bad news for the USD, and the hooker income for Italy. Are both enough to raise and lower whole economies? LOL I love this stuff.

Thanks for that idea I was trying to think of different ways to work around the FIFO "rules"!

I appreciate your contribution.

FIFO and no hedging shouldn't bother you too much, just use a bit of common sense to get around it.

If you have 2 trades of the same amount on the same pair you are required to close the first trade first as per FIFO rules. If you want the second trade to close first simply set the stop-loss to 1 pip away from the current spread and the trade will be closed automatically when/if the stop is hit.

Hedging is simple, just use 2 accounts. This won't help you to avoid a margin closeout, but if you're one of the people who get into that situation there is no help for you anyway.

''0'' on the roulette. RIP to gamblers

One more thing about FIFO. To avoid it all together just trade different lot sizes on each trade of the same pair.

i would rather say"00" xD

Interesting day today... I think that many many "game tables" were absolutely stripped clean in just one hour... Nice ...

crazy move...gamble on...

The legalized "theft" continues. The US authorities impose FIFO and no hedging to protect the small investor. What a myriad of conflicts

Thanks for the comments and tips . CitiBank USA has an account that is non FIFO and hedging is allowed

WTF is going on?