It looks like the euro is taking a hit, seems like a nice run to those who held to their shorts. Still holding 2 long positions
Volume for indices, tick and the exchange derived volume 4 replies
Are quotes for minor pairs real or just derived from majors? 0 replies
Oanda spread versus MB Trading spread 27 replies
HOW TO PLOT derived cross 0 replies
Derived Currency Strength Indicator from multiple pairs 0 replies
DislikedJust to let you know that some are not following my mm system
not a problem but more dangerous
You have to take into consideration yesterday close before entering a new lot and not your entry pointIgnored
Dislikedyesterday's close was at 1.6167, so we should entry at -0.25 from that price so at 1.6126 or lower, depends how fast market is.Ignored
DislikedPeikko
if you follow by the book you cannot have 2 open positions on monday.
Sunday close is lower than friday so you have to take it as your reference
Sunday close is 162.32
first entry is 161.91
second is 161.51 and this point has never been quoted yesterdayIgnored
Dislikedevery case is different i cannot give a generic answer.
It almost never happens that i close a position with a loss ( by position i dont mean 1 operation but a serie in the same TRADE).
It can happen sometime that i close the last lot or the 2 last ones if i get global profits by working the position and am tired to hold it.Ignored