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  • #28,021
  • Apr 1, 2019 4:25am Apr 1, 2019 4:25am
I would be interested to short CJ from the zone to the weekly pivot
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  • #28,022
  • Apr 1, 2019 4:30am Apr 1, 2019 4:30am
Quoting Halfcents
I would be interested to short CJ from the zone to the weekly pivot {image}
I don't sell CJ only buy. Let the MM do the selling "the heavy lifting"and you do the buying with positive swap

At some point you have to make a decision on direction on pairs that are costly to trade.Your money your money management.My money says selling the Cad against Yen not conducive for long term viability of the account.

Once again when trading crosses look at the majors

CJ = UC+UJ

Depending on difference result in CJ.At the moment both at stalemate
In trading, you have to be defensive and aggressive at the same time
  • #28,023
  • Apr 1, 2019 4:40am Apr 1, 2019 4:40am
Quoting Davit
{quote} I don't sell CJ only buy. Let the MM do the selling "the heavy lifting"and you do the buying with positive swap At some point you have to make a decision on direction on pairs that are costly to trade.Your money your money management.My money says selling the Cad against Yen not conducive for long term viability of the account. Once again when trading crosses look at the majors CJ = UC+UJ Depending on difference result in CJ.At the moment both at stalemate
Thanks for the advice. Appreciated
  • #28,024
  • Apr 1, 2019 4:43am Apr 1, 2019 4:43am
Quoting Halfcents
{quote} Thanks for the advice. Appreciated
we discussed this before
https://www.forexfactory.com/showthr...5#post11999965
In trading, you have to be defensive and aggressive at the same time
  • #28,025
  • Apr 1, 2019 4:45am Apr 1, 2019 4:45am
aiming for the gap to close
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In trading, you have to be defensive and aggressive at the same time
  • #28,026
  • Apr 1, 2019 6:57am Apr 1, 2019 6:57am
Do we have a short coming up?
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  • #28,027
  • Apr 1, 2019 7:12am Apr 1, 2019 7:12am
Quoting NoNonSenseFX
Do we have a short coming up? {image}
you need more than 8 minutes to read at least 200 pages initials
if you've read it before, maybe you'd better read it again;
this is just advice, no offense

Subscribed to Pivot Trading 8 min ago
  • #28,028
  • Apr 1, 2019 7:17am Apr 1, 2019 7:17am
Quoting ppxdf
{quote} you need more than 8 minutes to read at least 200 pages initials if you've read it before, maybe you'd better read it again; this is just advice, no offense Subscribed to Pivot Trading 8 min ago
Thanks. Still try to jump on bandwagon.
  • #28,029
  • Apr 1, 2019 7:20am Apr 1, 2019 7:20am
Quoting NoNonSenseFX
{quote} Thanks. Still try to jump on bandwagon.
Can't even read the first page.
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?
  • #28,030
  • Apr 1, 2019 7:22am Apr 1, 2019 7:22am
UJ long
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Trading is about paying attention. Davit
  • #28,031
  • Apr 1, 2019 7:28am Apr 1, 2019 7:28am
Quoting asgharhussai
UJ long {image}
why UJ long when its almost at R61
You are doing so well so far here I don't know what made you long it at Resistance area which is total No on my system
In trading, you have to be defensive and aggressive at the same time
  • #28,032
  • Apr 1, 2019 7:37am Apr 1, 2019 7:37am
Euraud Good time to buy before rate Aud News..
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  • #28,033
  • Apr 1, 2019 7:54am Apr 1, 2019 7:54am
When looking at DXI, I'd rather sell us$ this week.
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  • #28,034
  • Apr 1, 2019 7:58am Apr 1, 2019 7:58am
Quoting Davit
{quote} why UJ long when its almost at R61 You are doing so well so far here I don't know what made you long it at Resistance area which is total No on my system
You are right@Davit but it is a quick scalp closed in profit and also its on demo contest
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Trading is about paying attention. Davit
  • #28,035
  • Edited 8:35am Apr 1, 2019 8:00am | Edited 8:35am
I have never before waited so patiently for a price to ride a certain direction and to don't do nothing. Previously these situation was "sad" for me and i have payed for these very hevy..... Now all these have changed, i wait and i know for what i wait hey these saves me money i don't lose money
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  • #28,036
  • Apr 1, 2019 8:04am Apr 1, 2019 8:04am
Quoting asgharhussai
UJ long {image}
I'm confused also. Some hours ago you sold UJ, now buying. Looks like you are forcing the market or over trading. You don't have to be on the market all the time. There's no consistency in this behaviour.

Your trade could work but not over series amount of trades. It would have made more sense when you've bought at gap or DO. But you're entering at the top where I don't see even clear break out.

But good luck, this is your trade, you decide
  • #28,037
  • Apr 1, 2019 8:10am Apr 1, 2019 8:10am
Quoting mizi123
I have never before waited so patiently for a price to ride a certain direction and to don't do nothing. Previously these situation was "sad" state and i have payed for these very hevy..... Now all these have changed, i wait and i know for what i wait hey these saves me money i don't lose money {image}
Sorry for stealing your chart

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  • #28,038
  • Apr 1, 2019 8:11am Apr 1, 2019 8:11am
Quoting 1pipperhour
{quote} I'm confused also. Some hours ago you sold UJ, now buying. Looks like you are forcing the market or over trading. You don't have to be on the market all the time. There's no consistency in this behaviour. Your trade could work but not over series amount of trades. It would have made more sense when you've bought at gap or DO. But you're entering at the top where I don't see even clear break out. But good luck, this is your trade, you decide
But is breaking the rules and these can turn against you (him) ...
  • #28,039
  • Apr 1, 2019 8:12am Apr 1, 2019 8:12am
Quoting asgharhussai
{quote} You are right@Davit but it is a quick scalp closed in profit and also its on demo contest {image}
That's a discretionary trade for your contest, nothing to do with what were doing here. You should just keep those trades to yourself and not post.

Good trade tho, cheers!
Trade with confidence, trade without fear.
  • #28,040
  • Apr 1, 2019 8:13am Apr 1, 2019 8:13am
Quoting asgharhussai
{quote} You are right@Davit but it is a quick scalp closed in profit and also its on demo contest {image}
Better not post this kind of trades. They confuse others and are not part of the system.
Best of luck in contest.
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