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Attachments: Breeze....Update on GBP/JPY
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Breeze....Update on GBP/JPY

I am new here and I am interested in your no stop/loss -hedge method.Can I ask you do me a favour to advise me how to hedge the position that might running to loss?tia [email protected]
Quoting cruze2005
Very nice results friend. I have been busy of late and havent popped by but it looks like you are hitting the money very well.

Take care
good to hear from you cruze.....lets see how london opens
Update on Positions

EUR short @
2580 X 100 ...active...Prfts booked @ 2500
2560 X 100....active...Prfts booked @ 2500
2730 X 100....active...Prfts booked @ 2500
2736 X 100....active...Prfts booked @ 2500
2717 X 100....active...Prfts booked @ 2500
2690 X 100....active...Prfts booked @ 2500
2700 X 100....active...Prfts booked @ 2500
2680 X 100....active...Prfts booked @ 2500
2660 X 100....active...Prfts booked @ 2500
2620 X 100....active...Prfts booked @ 2500
2600 X 100....active...Prfts booked @ 2500
2506 X 100....active
USD/JPY long @
107.21 X 10
107.41 X 10
108.00 X 10
107.90 X 10
108.21 X 10
101.77 X 10
101.30 X 30
unhedged @ 97.80

GBP/JPY long @
205.50 X 10.........active
205.80 X 10.........active
206.00 X 10.........active
206.22 X 10.........active
206.50 X 10.........active
203.00 X 10.........active
204.00 X 10.........active
204.50 X 10.........active
204.80 X 10.........active
203.66 X 10.........active
173.89 X 10.........active
174.67 X 10.........active
175.00 X 10.........active
hedged @ 163.00

GBP/USD long @
9470 X 10...........active
9752 X 10...........active
9580 X 10...........active
7149 X 10...........active
7108 X 10...........active
7190 X 10...........active
hedged @ 6400

Breeze
Market Champion.....Market Master....Market Olympian....Market Genius....Master ot the Beast
morning everyone I made a big mistake by not taking profits @ 2450....it would have been more than 130,000 pips in profits....so far we have made a killing and we can even take a rest for the whole month of December and January
Quoting lyllia
I am new here and I am interested in your no stop/loss -hedge method.Can I ask you do me a favour to advise me how to hedge the position that might running to loss?tia [email protected]
remember that its not going to be clear direction until Obama takes office....if you've already hedged the position try taking new positions on a different pair....if you can manage to grow the account by 1%-3% then ure already succesfull....drawdowns doesnt mean that ure out of bussiness....as long as u make consistant pips u'll be fine.....we might have to short again on Tues and Wed....and if congress doesnt pass the loan for GM and Ford....then we going to see Eur test 2400-2300....and again i might be wrong
Quoting lyllia
I am new here and I am interested in your no stop/loss -hedge method.Can I ask you do me a favour to advise me how to hedge the position that might running to loss?tia [email protected]

Place a pending order, then instead of placing a stop loss, place a buy/sell limit order at predetermined level. Remember don't over leverage. Work out the math first based on the base lots, then enter your hedged lots,then when the base and hedge are in profit, have the both orders close out. Usually with EUR/USD it is usually placed -25 to -30 pips...hopes this helps. Warning "runaway hedge" can occur so proceed with caution...
Hello Breeze,

Thank you for your thread & posts.
I am a new FX trader & very new to this forum.
I have a challenging situation & am searching a way to get out of my trades 'ALIVE'.
A few days ago, I stumbled upon your thread & respectfully, I request your guidance & advice.
I have browsed thru your very informative thread on Sat/Sun - from Day1 Post1 to the last post (skipping intermittently); got the gist but have yet to digest - will revisit again.

Here's my current situation - below are my current 'Live' trades :
Long GBP/JPY (all in Mini Lots)

1) 151.11 x 2 (mini lots)
2) 163.18 x 2 "
3) 166.19 x 2 "
4) 165.88 x 2 "
5) 167.63 x 2 "
6) 170.73 x 2 "
7) 170.61 x 2 "
8) 172.20 x 2 "
9) 174.47 x 2 "

Short GBP/JPY (all in Mini Lots) was trying to 'hedge' when the market nosedived on 20th Nov 08.
1) 142.84 x 2 (mini lots)
2) 138.58 x 2 "
3) 141.59 x 2 "
4) 141.28 x 2 "

Many mistakes made & lessons I'm learning - the learning curve is very steep as I'm totally new to trading & FX.

1) How would you suggest I 'Hedge' to get out of this situation?
2) Where do you see the possible target to 'Hedge' under such volatile conditions ?
3) Where & when do you see as 'market top' for GBP/JPY in the near term ?
4) How many mini lots should I short to Hedge the GBP/JPY trades?
(ie should it be 18 mini lots or should I double down the lots?
In short, what should I do at this point?

Many 'should have' instances, but anyway...
Please help!
Your guidance is much Appreciated

Thank You,
Grateful.

p/s: I am fully responsible for my actions & will not blame anyone.
Have to go to work now.
p/s: I am fully responsible for my actions & will not blame anyone.

Have to go to work now.[/quote]

Dont we all except err Breeze . Im sure since you were sincere enough in your request there will be plenty who would lend you some advice. I would but I too am off to work.

Take care
Update on Positions

EUR short @
3060 X 100....active
3040 X 100....active
3020 X 100....active
2506 X 100....active
2950 X 100....active
2900 X 100....active
2860 X 100....active
2840 X 100....active
2800 X 100....waiting and will be adding every 20-30pips drop
USD/JPY long @
107.21 X 10
107.41 X 10
108.00 X 10
107.90 X 10
108.21 X 10
101.77 X 10
101.30 X 30
hedged @ 97.00

GBP/JPY long @
205.50 X 10.........active
205.80 X 10.........active
206.00 X 10.........active
206.22 X 10.........active
206.50 X 10.........active
203.00 X 10.........active
204.00 X 10.........active
204.50 X 10.........active
204.80 X 10.........active
203.66 X 10.........active
173.89 X 10.........active
174.67 X 10.........active
175.00 X 10.........active
hedged @ 163.00

GBP/USD long @
9470 X 10...........active
9752 X 10...........active
9580 X 10...........active
7149 X 10...........active
7108 X 10...........active
7190 X 10...........active
hedged @ 6400

Breeze
Market Champion.....Market Master....Market Olympian....Market Genius....Master ot the Beast
Quoting Breeze
Update on Positions

EUR short @


2506 X 100....active
2950 X 100....active
2900 X 100....active
2860 X 100....active
2840 X 100....active
2800 X 100....waiting and will be adding every 20-30pips drop
USD/JPY long @
107.21 X 10
107.41 X 10
108.00 X 10
107.90 X 10
108.21 X 10
101.77 X 10
101.30 X 30
hedged @ 97.00

GBP/JPY long @
205.50 X 10.........active
205.80 X 10.........active
206.00 X 10.........active
206.22 X 10.........active
206.50 X 10.........active
203.00...
Market Genius, Master of the beast, from those trades it looks like your butt has been whipped.
Quoting Job1:20
Market Genius, Master of the beast, from those trades it looks like your butt has been whipped.
are you happy......?
I'm expecting a move below 2600 by next week.....will
Ok.....were rolling now......we might come out with more than 160,000pips in profits.....as the market gets into that panic mode again....remember we sell every rally until Obama takes office.....if we make a killing on this trades then we take a rest until Jan.....
Quoting Job1:20
Market Genius, Master of the beast, from those trades it looks like your butt has been whipped.

Another 1 post wonder. We love the informative bunch that pop by now and again. It fuels the fire to proceed. BTW where has Joe been of late.
Quoting cruze2005

Another 1 post wonder. We love the informative bunch that pop by now and again. It fuels the fire to proceed. BTW where has Joe been of late.
I really wonder where Joe is....he replied my e-mail and vanished after that....I hope hes doing OK
Update on Positions

EUR short @
2923 X 100....active
3060 X 100....active
3040 X 100....active
3020 X 100....active
2506 X 100....active
2950 X 100....active
2900 X 100....active
2860 X 100....active
2840 X 100....active
2800 X 100....waiting and will be adding every 20-30pips drop
USD/JPY long @
107.21 X 10
107.41 X 10
108.00 X 10
107.90 X 10
108.21 X 10
101.77 X 10
101.30 X 30
hedged @ 97.00

GBP/JPY long @
205.50 X 10.........active
205.80 X 10.........active
206.00 X 10.........active
206.22 X 10.........active
206.50 X 10.........active
203.00 X 10.........active
204.00 X 10.........active
204.50 X 10.........active
204.80 X 10.........active
203.66 X 10.........active
173.89 X 10.........active
174.67 X 10.........active
175.00 X 10.........active
hedged @ 163.00

GBP/USD long @
9470 X 10...........active
9752 X 10...........active
9580 X 10...........active
7149 X 10...........active
7108 X 10...........active
7190 X 10...........active
hedged @ 6400

Breeze
Market Champion.....Market Master....Market Olympian....Market Genius....Master ot the Beast
Update on Positions

EUR short @
2923 X 100....active
3060 X 100....active
3040 X 100....active
3020 X 100....active
2506 X 100....active
2950 X 100....active
2900 X 100....active
2860 X 100....active
2840 X 100....active
2800 X 100....active
2780 X 100....active
2760 X 100....active......remember were still adding
2740 X 100....waiting
USD/JPY long @
107.21 X 10
107.41 X 10
108.00 X 10
107.90 X 10
108.21 X 10
101.77 X 10
101.30 X 30
hedged @ 97.00

GBP/JPY long @
205.50 X 10.........active
205.80 X 10.........active
206.00 X 10.........active
206.22 X 10.........active
206.50 X 10.........active
203.00 X 10.........active
204.00 X 10.........active
204.50 X 10.........active
204.80 X 10.........active
203.66 X 10.........active
173.89 X 10.........active
174.67 X 10.........active
175.00 X 10.........active
hedged @ 163.00

GBP/USD long @
9470 X 10...........active
9752 X 10...........active
9580 X 10...........active
7149 X 10...........active
7108 X 10...........active
7190 X 10...........active
hedged @ 6400

Breeze
Market Champion.....Market Master....Market Olympian....Market Genius....Master ot the Beast
Hello all the target is now more than 200,000pips.....We are !!!!RICH!!!
could someone point me in the direction of where the disscussion is
about hedge as stoploss


WARNING....!!!!....I DONT USE STOP LOSS....I HEDGE...!!!!...."Caution"...follow at own risk...!!!!
Quoting Breeze
Hello all the target is now more than 200,000pips.....We are !!!!RICH!!!

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