{quote} Hi Hal. Nice roundup. One small thing - when you say CA, you mean UC (USDCAD), right?
But for some reason because I use CF for CHF, I want to used CA for CAD.
Trading is as simple as 1-2-3
- #5,141
- Nov 15, 2017 1:15pm Nov 15, 2017 1:15pm
- Joined Apr 2011 | Status: Trader | 3,454 Posts
But for some reason because I use CF for CHF, I want to used CA for CAD.
- #5,142
- Nov 15, 2017 1:25pm Nov 15, 2017 1:25pm
- Joined Apr 2011 | Status: Trader | 3,454 Posts
And since you brought up the CA here is a little something to go to the dissertation I posted previously.
Here is a leveraged trade I took just today on that pair. I shorted the CA off the arrow down bar around 11:00 my time, London about wrapping for the day. You can see the previous long trade I was in actually I made two long trades there. I got profit and got stopped out probably on a trailer, but it would have been nice to have stayed in, it ran about +68.
I needed 7.8 pips on the short at 5x to clear a whopping 29 pip loss I had taken on the EU earlier in the day. It looked very grim early on and took hours hours before I was very fortunate to get to +7.8 and knocked out that loss and got a nice profit to boot.
Why I had mentioned leveraged trades can be very dangerous but sweet when they work
Here is a leveraged trade I took just today on that pair. I shorted the CA off the arrow down bar around 11:00 my time, London about wrapping for the day. You can see the previous long trade I was in actually I made two long trades there. I got profit and got stopped out probably on a trailer, but it would have been nice to have stayed in, it ran about +68.
I needed 7.8 pips on the short at 5x to clear a whopping 29 pip loss I had taken on the EU earlier in the day. It looked very grim early on and took hours hours before I was very fortunate to get to +7.8 and knocked out that loss and got a nice profit to boot.
Why I had mentioned leveraged trades can be very dangerous but sweet when they work
- #5,143
- Nov 15, 2017 1:46pm Nov 15, 2017 1:46pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{quote} Yeah Lem, I know UC is the proper noun
.
- #5,144
- Nov 15, 2017 1:49pm Nov 15, 2017 1:49pm
- Joined Oct 2015 | Status: Trader | 18,269 Posts
A possible turn coming on the F40? {image}
- #5,145
- Nov 16, 2017 12:59am Nov 16, 2017 12:59am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
{quote} Lol, I figured. Split the difference and just call it CAD
- #5,146
- Nov 16, 2017 1:13am Nov 16, 2017 1:13am
- | Joined May 2016 | Status: Keep on rockin' me babe | 1,711 Posts
{quote} In reality it is the Loonie
- #5,147
- Nov 16, 2017 1:26am Nov 16, 2017 1:26am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Got into this EG short last hour, not much happening ahead of the news release. +5 locked and BE
- #5,148
- Nov 16, 2017 1:28am Nov 16, 2017 1:28am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
{quote} whole market is looney - range days across the board - ping pong from high to low
- #5,149
- Nov 16, 2017 1:35am Nov 16, 2017 1:35am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
... or not, EG moved to +10, now on a trailer 
- #5,150
- Nov 16, 2017 1:38am Nov 16, 2017 1:38am
- | Joined May 2016 | Status: Keep on rockin' me babe | 1,711 Posts
... or not, EG moved to +10, now on a trailer
- #5,151
- Edited 2:38am Nov 16, 2017 1:51am | Edited 2:38am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
EG to +20, locked 10 
Ended up stopping out at +23 
Ended up stopping out at +23 - #5,152
- Nov 16, 2017 3:09am Nov 16, 2017 3:09am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Been tough getting anything to move today. Finally caught +5 short on the EJ been in it for hours
+11 switched to 10 trailer
- #5,153
- Nov 16, 2017 3:10am Nov 16, 2017 3:10am
- | Joined May 2016 | Status: Keep on rockin' me babe | 1,711 Posts
{image} Been tough getting anything to move today. Finally caught +5 short on the EJ been in it for hours
- #5,154
- Nov 16, 2017 3:47am Nov 16, 2017 3:47am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Short JY +5 locked
- #5,155
- Nov 16, 2017 3:49am Nov 16, 2017 3:49am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
{quote} I had to fist fight EJ earlier. Got out with profits - I didn't know if it would keep falling or not so closed at the 30.
- #5,156
- Nov 16, 2017 3:57am Nov 16, 2017 3:57am
- | Joined May 2016 | Status: Keep on rockin' me babe | 1,711 Posts
{quote} I am still in it now at +20, so it has turned out to be the best trade of the day so far, still on a 10 trailer
- #5,157
- Nov 16, 2017 6:56am Nov 16, 2017 6:56am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
My JY short made it to +40 and is now on a 20 trailer
- #5,158
- Nov 16, 2017 7:21am Nov 16, 2017 7:21am
- Joined Mar 2012 | Status: Trader | 14,323 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #5,159
- Nov 17, 2017 1:18am Nov 17, 2017 1:18am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Long EG +5 locked
- #5,160
- Nov 17, 2017 1:37am Nov 17, 2017 1:37am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Long CA +5 locked
Oops I meant short, it's Friday. My initial stop was 9 pips, so far haven't moved it. Also note it moved 2 pips up toward the hi before coming back down. Is it better to wait for a significant move toward the hi? Often times I have seen slight or no movement and resulted in some big moves so I opt not to screen that way.