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  • #1,136,421
  • Oct 3, 2017 1:39pm Oct 3, 2017 1:39pm
Taking a long here at 1.1742. SL 50 pip
I wanna be a billionaire so freaking bad!
  • #1,136,422
  • Oct 3, 2017 1:40pm Oct 3, 2017 1:40pm
Quoting MoneyFocus
OK, would appreciate some help here. Day started well but London session screwed me badly. My current positions: 1. Long UsdJpy @ 113.085 2. Sell AudUsd @ 0.7815, 0.77937 and 0.78174 3. Sell EurChf @ 1.1444 4. Sell EurUsd @ 1.1734 5. Sell EurGbp @ 0.8832 Any advice for me? Might hit margin soon. PS: Dear Gods, please let USD and GBP rally hard and EUR and AUD to be dumped.
This method might be the new holly grail of trading, that is to say, post your trades and beg hard to impress a big boy/bad boy to make your trades be successful.
  • #1,136,423
  • Oct 3, 2017 2:10pm Oct 3, 2017 2:10pm
Quoting aa4fx
{quote} This method might be the new holly grail of trading, that is to say, post your trades and beg hard to impress a big boy/bad boy to make your trades be successful.
Not working since my free margin is now at 69% lol
  • #1,136,424
  • Oct 3, 2017 2:33pm Oct 3, 2017 2:33pm
Quoting MoneyFocus
{quote} Not working since my free margin is now at 69% lol
Dress up nicely, prepare a good speech, in a few hours you'll be a Margin Call prize winner! Hedge your trades if you want to make sure you're getting it ... due to the midnight crazy spreads.

Seriously now ... ask your lucky neuron it's opinion, how much you can resist and if it is feasible to stay in. I didn't paid attention on your exposure volume and number of trades ... in case of a bad setup you can loose it all in cascade compare to a smart loosing a big chunk. Also, a 69% is not bad, for simplicity I use to see the MC as a SL ... when will start to be red the funny part will start. I know is hard to accept the loss, is harder if you close all and things would have worked out ...

If you plan to close some trades, you can announce it before and if it feels better, I can take the other side ... at least you will know where is your money.
  • #1,136,425
  • Oct 3, 2017 2:37pm Oct 3, 2017 2:37pm
Quoting digger1
{quote} I know the feeling man,,,,,,,,,been there , as have most traders that put any real money on the line ,,keep swinging
Oh thank god it's over. I can finally trade again. That was both excruciatingly painful, horrendously lucky, and certainly not worth it. Lessons were learned.

But I did manage to get out of it with a small profit at 1.17728.
"The fun is in the hunt. Not the kill."
  • #1,136,426
  • Oct 3, 2017 2:50pm Oct 3, 2017 2:50pm
Quoting aa4fx
If you plan to close some trades, you can announce it before and if it feels better, I can take the other side ... at least you will know where is your money.
1. Long UsdJpy @ 113.085
2. Sell AudUsd @ 0.7815, 0.77937 and 0.78174
3. Sell EurChf @ 1.1444
4. Sell EurUsd @ 1.1734
5. Sell EurGbp @ 0.8832

Here you go.
  • #1,136,427
  • Oct 3, 2017 3:11pm Oct 3, 2017 3:11pm
Quoting MoneyFocus
{quote} 1. Long UsdJpy @ 113.085 2. Sell AudUsd @ 0.7815, 0.77937 and 0.78174 3. Sell EurChf @ 1.1444 4. Sell EurUsd @ 1.1734 5. Sell EurGbp @ 0.8832 Here you go.
I am now hedging you on usdjpy, sell @ 112.86 ... I won't buy it now.
Fine, I sold eurgbp @ 0.8873, you can buy it (=close sell) if it feels better.

My lev on usdjpy is 10:1 and on eurgbp is 12:1
  • #1,136,428
  • Oct 3, 2017 3:18pm Oct 3, 2017 3:18pm
What are some trades that look likely for the upcoming session? I'm thinking a short to 1.1740.
Here's Tom with the weather.
  • #1,136,429
  • Oct 3, 2017 3:31pm Oct 3, 2017 3:31pm
sold @ 1.1748 because I don't want to wait for a possible 1.1770 where it will have to decide up or down.
  • #1,136,430
  • Oct 3, 2017 3:32pm Oct 3, 2017 3:32pm
Quoting OHLC
What are some trades that look likely for the upcoming session? I'm thinking a short to 1.1740.
to 1174 ?? that's only 3 pips ... hardly a trade ... target for short would be 1172 at least just my thinking
  • #1,136,431
  • Oct 3, 2017 3:48pm Oct 3, 2017 3:48pm
Quoting ZenNy
{quote} 1752/3 is also a ceiling of the last drop down...... said that this push up is vigorous....
Bulls were kept a bay with 3 pushes up......but bears were unable to reverse completely.....now prices are in an megaphone... I feel 1.18 is due before anything else but I can be wrong us usual.....
trading is simple but is simple is not easy.
  • #1,136,432
  • Oct 3, 2017 3:52pm Oct 3, 2017 3:52pm
Quoting Dalchow
{quote} to 1174 ?? that's only 3 pips ... hardly a trade ... target for short would be 1172 at least just my thinking
What's 1174 or 1172? Are you referring to EURUSD?
Here's Tom with the weather.
  • #1,136,433
  • Oct 3, 2017 4:03pm Oct 3, 2017 4:03pm
short in bound soon i think few hours 1.16
  • #1,136,434
  • Oct 3, 2017 4:04pm Oct 3, 2017 4:04pm
Quoting ZenNy
{quote} Bulls were kept a bay with 3 pushes up......but bears were unable to reverse completely.....now prices are in an megaphone... I feel 1.18 is due before anything else but I can be wrong us usual.....
now @ 1.1743 is in the ~ middle of the channel 1.1814 / 1.1688 ... I go for 1.168x next to 1.1740 and after down. I stand for it the next few hours.

hehe, you're wrong!
  • #1,136,435
  • Oct 3, 2017 4:12pm Oct 3, 2017 4:12pm
Quoting ZenNy
{quote} Bulls were kept a bay with 3 pushes up......but bears were unable to reverse completely.....now prices are in an megaphone... I feel 1.18 is due before anything else but I can be wrong us usual.....
Seem like the vigorous push up has ended. Looks to be a volatile range between 1737 and 1773. I'm biased short, hope I have a good place to short from to about 1740.
Here's Tom with the weather.
  • #1,136,436
  • Oct 3, 2017 4:19pm Oct 3, 2017 4:19pm
Short at 1.173 slightly early than i would usually choose but the set up looks good.
  • #1,136,437
  • Oct 3, 2017 4:20pm Oct 3, 2017 4:20pm
I think my trading strategy is longer term than most on the forum (I don't day trade), but I'm licking my lips for if/when this pair breaks 1.1662.

I'm not looking to enter a trade until either (a) the price makes a strong break to the upside of 1.1910 - at which point I'll go long, or (b) a break sub 1.1662 - at which point I'll go short.

Until them, I'm happy on the sidelines, waiting for the price to come to me.
  • #1,136,438
  • Oct 3, 2017 4:28pm Oct 3, 2017 4:28pm
Quoting Luzbay
I think my trading strategy is longer term than most on the forum (I don't day trade), but I'm licking my lips for if/when this pair breaks 1.1662. I'm not looking to enter a trade until either (a) the price makes a strong break to the upside of 1.1910 - at which point I'll go long, or (b) a break sub 1.1662 - at which point I'll go short. Until them, I'm happy on the sidelines, waiting for the price to come to me.
That's why there is so little volatility ... c'mon, put some trades to make this pair move. In a long term your're safe as it will pass this levels several times, ... in the next years.
  • #1,136,439
  • Oct 3, 2017 4:29pm Oct 3, 2017 4:29pm
Quoting aa4fx
{quote} That's why there is so little volatility ... c'mon, put some trades to make this pair move. In a long term your're safe as it will pass this levels several times, ... in the next years.
Have you tried other pairs or just prefer EURUSD?
Here's Tom with the weather.
  • #1,136,440
  • Oct 3, 2017 4:32pm Oct 3, 2017 4:32pm
Quoting OHLC
{quote} Have you tried other pairs or just prefer EURUSD?
I'm not stuck for one flavor ...
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