These periods during December with all those market moving news, is good to train for dancing pa in extreme circumstances, once you can handle these, anything else is a comparatively easy.
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DislikedCrazy day yesterday/this morning, but that's why I'm actually happy I'm using the flattening mo from phil13. Usdjpy moved 400pips yesterday In 1 HR. Was wrong on the entire thing, was actually long at the top, but ended up profitable instead, after finessing the position properly with all the hedging and flattening and all. That's always been the point, it has always been about how adaptable you are, and how good you are at mitigating portfolio volatility against your position if it's against your direction. The entire point of it all is that these...Ignored
Disliked{quote} Hi CookieMonsta hope your are well and happy new year. well done, it saved my sorry arse as well my friend, was in the same trade but a bit longer term than you where.... . regards Phil.Ignored
Disliked{quote} Hey Phil, well done to you too. Action packed start to the year I guess Guess this means, we have conquered a new frontier, the tsunami.Ignored
Disliked{quote} Hi CookieMonsta January often produces big moves I find, I guess as people start to try to position themselves again in big the boys world. It is good to actually see it working for yourself on your own account in extreme circumstances, it will help with your confidence to be able to handle such situations in the future, always remember to respect the market and keep reducing that snowball as and when you can, greed will lead this kind of MO/operation to turn on you quickly as I showed in one of my trades it can easily get out of control...Ignored
Dislikedinteresting trade today, currently, created lock in of $7 at 0.05lots, took profits of around $40. its interesting because, i over hedged and went net short into the stop hunt, then when stophunt fizzled out, went in and took long again and put in rescue, came out positive on both sides timing both legs, maximum drawdown of this is when i established the lock before the stop hunt, it was -$20, then when it went further down, the over hedge allowed for a nice $30pip gain, so when everything was taken off to the short side, it was break even. then...Ignored
Disliked{quote} Hi CookieMonsta Yes my friend it is like flipping ‘with benefits’ if you can get the timing correct. Well done. It is really good to see someone else testing and working on their own MO with this strategy as part of it. Regards Phil.Ignored
Disliked{quote} Hi CookieMonsta Yes my friend it is like flipping ‘with benefits’ if you can get the timing correct. Well done. It is really good to see someone else testing and working on their own MO with this strategy as part of it. Regards Phil.Ignored
DislikedHi CookieMonsta Thanks for the info my friend, do they do a E/U futures? Not really looked at futures much expect for the USDX, or do you mean short spot E/U and long USDX futures? Not around much today will be going out shortly but will have a look at this later, thanks again for highlighting. Regards Phil.Ignored