{quote} Market is going against your trade, where was your stop?
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Price tanked as soon as I posted that, was up 10 pips on the long but quickly evaporated to zero, stopped out for 4 pips. Should have held the original short position and hedged the long but need more experience with that.
{quote} Price tanked as soon as I posted that, was up 10 pips on the long but quickly evaporated to zero, stopped out for 4 pips. Should have held the original short position and hedged the long but need more experience with that.
Ignored
Remember hedging is only insurance. You have nothing to lose by playing it.
{quote} Remember hedging is only insurance. You have nothing to lose by playing it.
Ignored
Alan thanks for your reply and a special thanks for the fantastic trading system you have provided for us here. I love it. Although I'm a long way off mastering it yet.
I went through practically all the major threads here on FF looking for a trading system and spent a lot of time on a few of them, but I kept coming back to this. Its easily the best and most complete trading system on FF. So am very grateful to you.
I'm just trying to force myself to post up a few charts and things, I know I will get things wrong but I hope it will increase my learning curve. I traded Crypto before this but only very basic Support Resistance stuff for analysis and Elliott Wave.
This morning I did not expect the move up, only caught the short late in the trade. I closed out the short and opened the long. I was actually posting the chart when the price dropped, gotta be nimble fingered I'm learning that one fast!!
Trading the Cable swings via averages
