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EURUSD

  • #1,126,101
  • Aug 3, 2017 9:17am Aug 3, 2017 9:17am
Quoting skillz16
{quote} Here comes a blow up over the top? haha.
oh i dunno about over the top, BUT..the way up just looks so much easier tight stops
  • #1,126,102
  • Aug 3, 2017 9:18am Aug 3, 2017 9:18am
Is it going back to 1.19 today???
  • #1,126,103
  • Aug 3, 2017 9:20am Aug 3, 2017 9:20am
Quoting Ron25
Is it going back to 1.19 today???
if i was a market maker whale, id have an answer for you, MAYBE.
  • #1,126,104
  • Aug 3, 2017 9:22am Aug 3, 2017 9:22am
Quoting Ron25
Is it going back to 1.19 today???
You're trapped buying there,aren't you?
  • #1,126,105
  • Aug 3, 2017 9:23am Aug 3, 2017 9:23am
Quoting hilmy83
{quote} open up your monthly eurusd chart and go to aug 2008. i can guarantee you what you just wrote here is what those long traders wrote back then when the market was crashing down. You are wiling to sacrifice further losses AND opportunity costs? for waht? when you were losing intially you couldn't just take the loss, even if its big loss and just trade then to recover. you'd probably be in the same spot now but with your account not tied up. just giving you something to think about since i've been there. oh well, GOOD LUCK BUDDY!
I fully understand what you're saying but believe me I had been using this method of hedging for years and I have not gotten in a big loss except in my first 2 years of trading when I had no experience. The key here is: 1) have enough margin in account 2) patience.
No matter how far up they take it, it's bound to come down. And like I said (I am hedging) I am buying as it goes up and closing the longs as it nears resistance or starts coming down, then buy from down again and close when it nears resistance and so forth while keeping my shorts waiting for the big retrace. I have been there for 5 years and I have seen the up and down fluctuations in currencies. All it takes is patience and margin.
Thanks for trying to help
Enter Signature
  • #1,126,106
  • Aug 3, 2017 9:23am Aug 3, 2017 9:23am
Quoting aarash
{quote} Mine on 1872 WR100 Lets see...
Good resistant seems to me.
hope it hold
  • #1,126,107
  • Aug 3, 2017 9:24am Aug 3, 2017 9:24am
not sure it's a trap yet, up there
  • #1,126,108
  • Aug 3, 2017 9:25am Aug 3, 2017 9:25am
my tp @1.1895
I can.I will. End of story.
  • #1,126,109
  • Aug 3, 2017 9:25am Aug 3, 2017 9:25am
Quoting timos
{quote} You're trapped buying there,aren't you?
Yes I have one but it doesn't matter. I want it to go down. I have more sells below than that that Buy. (like @bbk1).
  • #1,126,110
  • Aug 3, 2017 9:28am Aug 3, 2017 9:28am
Quoting denisius
{quote} I personaly tried all styles of trading, from holding month after months to scalping. Until I found something that works for me. My SL was up to 80 pip and I was ok with it, but my losses( including time) were almost always bigger than profit. Until I saw how Ill be Back trade, his SL almost never more then few pips. It took me few months with help of others to figure how it works. Now I am testing it, I cut my SL exposure to 10-12 pip. Profit always double. It works great and make me sleep better. So the moral of all this is; if it works...
I quit using S/L long time ago when I discovered my broker tricks with S/L hunting. Some brokers go as far as widening the spread among other dirty tricks to get your S/L trades. .
Enter Signature
  • #1,126,111
  • Aug 3, 2017 9:29am Aug 3, 2017 9:29am
Quoting Ron25
{quote} Yes I have one but it doesn't matter. I want it to go down. I have more sells below than that that Buy. (like @bbk1).
So far no significant LL so I am afraid it don't go down anytime soon...
  • #1,126,112
  • Aug 3, 2017 9:36am Aug 3, 2017 9:36am
It Enough ...
The Bull didn't have a Lot Power anymore

I closed my Trade

And Total Profit Trade in 3 Days :
Attached Image
Always looking the GREAT, never left GOOD Point...
  • #1,126,113
  • Aug 3, 2017 9:37am Aug 3, 2017 9:37am
keeping my longs open :/

i think bulls might still be pushing hard..just a lot to take out in this area
  • #1,126,114
  • Aug 3, 2017 9:38am Aug 3, 2017 9:38am
Quoting Connors
{quote} I must be a moron to short @1.1860..
I guess we are living in perfect world! Every number I mentioned touched as I mentioned.( at leas close call )
  • #1,126,115
  • Aug 3, 2017 9:38am Aug 3, 2017 9:38am
Quoting Tsar
It Enough ... Bull didn't have Power anymore I closed my Trade And Total Profit Trade in 3 Days : {image}
UJ short
Attached Image

  • #1,126,116
  • Aug 3, 2017 9:39am Aug 3, 2017 9:39am
I'll try some Eurgbp shorts at 0.9050
  • #1,126,117
  • Aug 3, 2017 9:40am Aug 3, 2017 9:40am
Quoting Venomousssss
keeping my longs open :/ i think bulls might still be pushing hard..just a lot to take out in this area
Yes. with or without this ISM news, bulls are still in control. and with the negative news, who knows where today goes?
  • #1,126,118
  • Aug 3, 2017 9:41am Aug 3, 2017 9:41am
Quoting bbk1
{quote} I quit using S/L long time ago when I discovered my broker tricks with S/L hunting. Some brokers go as far as widening the spread among other dirty tricks to get your S/L trades. .
Which broker is it ?
  • #1,126,119
  • Aug 3, 2017 9:42am Aug 3, 2017 9:42am
Quoting timos
{quote} UJ short {image}
what is P currency?
  • #1,126,120
  • Aug 3, 2017 9:43am Aug 3, 2017 9:43am
Quoting hilmy83
{quote} what is P currency?
I think it stands for Profit on sierra charts. I am new to this platform not sure how it works exactly.
It has 2 choices,one to display as P (profit/) and one as C(cents?)

Edit: P stands for points & C for currency value
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