EU H4
- #142,822
- Nov 30, 2021 5:05am Nov 30, 2021 5:05am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
... Each have their own average set level to be locked in at (hedged). Eurusd positions will be locked in at high + 5 in exactly 2 hours. To be released at first .1331, dynamic level.
! Hedging would start at .1383. De-hedging levels are quite dynamic, but I would share only the average, and it would range between .1338 and above. I hope it does not get there !
Hedging makes no sense for many very successful approaches indeed.
But when you have 100+ positions, each with their own rules and going through a period of uncertainty like now or big news, it makes life much easier than to close all (and everything that comes with them) and reopen with a blank slate. It is sweet to get back in when everything is already in place !
I do not share my floating profits from my shared trades, but I would like to share my floating losses when they are significant, for obvious reasons.
Floating losses now at -+95-+85 -+30
Important to share, like I did in other posts, that the number of pips is not representative of the positions real impact(and that goes both ways !)
The following is just one reason :
{quote} .... MM. Adapt to change volume according changes in volatility, levels, gains and losses, open positions, strategy dependent factors etc. Now just trading to lose about a fifth of the previous profitable days, or add minimum a fifth. We'll see soon ! Enough rambling, to whomever read this far, hope it wasn't too much of an eyesore and I wish you a wonderful evening. Ok, eat stroll sleep time !
Every strategy has their own day, multi-days, week, month and quarter gains threshold.
Very important to protect realized profits in some way or another.
Hope at least one person found this useful. Wishing to all the very best with your trades. Cheers !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #142,825
- Nov 30, 2021 6:39am Nov 30, 2021 6:39am
- Joined Jun 2020 | Status: Trader | 1,175 Posts
KiA {image}
Another day, another dollar.
- #142,826
- Nov 30, 2021 6:41am Nov 30, 2021 6:41am
- Joined Jun 2020 | Status: Trader | 1,175 Posts
Another day, another dollar.
- #142,827
- Nov 30, 2021 7:40am Nov 30, 2021 7:40am
- Joined Mar 2012 | Status: Trader | 1,984 Posts
The fact that the dip didnt even go into the 1.3300 zone (previous high + uptrend) to me is super bullish. Lately we see euro data has been showing strong eu inflation, and I bet powel will not be to eager to raise rates.
On a personal note, checked my monthly stats, I have 88% winrate with 15k profit over the last 2 months, hoping for a good end of the year
On a personal note, checked my monthly stats, I have 88% winrate with 15k profit over the last 2 months, hoping for a good end of the year
- #142,828
- Nov 30, 2021 9:07am Nov 30, 2021 9:07am
- Joined May 2014 | Status: Full Time Trader | 27,258 Posts
Focus only on what truly matters!
- #142,829
- Nov 30, 2021 9:36am Nov 30, 2021 9:36am
- Joined Jan 2019 | Status: Trader | 1,189 Posts
EU H1
SELL 1.1361
Next support 1.1332 
SELL 1.1361
Next support 1.1332
- #142,832
- Nov 30, 2021 9:54am Nov 30, 2021 9:54am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
This spike could've gone either way. My hedge is costly, but not as much as if this spike had gone the other way!
All my previously stated levels to move SL at BE are deactivated. All SL and TPs are open till volatility has ceased to grow.
Hope everyone is well.
{quote} ... My own short is dependent on this here being a good'ol 1H double top yet to be confirmed; got in from a 5min countertrend setup. To be confirmed, it can go as high as it can (even .1381, so we could both get our share of thepie
All my previously stated levels to move SL at BE are deactivated. All SL and TPs are open till volatility has ceased to grow.
Hope everyone is well.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #142,834
- Edited 11:13am Nov 30, 2021 10:55am | Edited 11:13am
- Joined May 2014 | Status: Full Time Trader | 27,258 Posts
Focus only on what truly matters!
- #142,836
- Nov 30, 2021 11:28am Nov 30, 2021 11:28am
- Joined Apr 2019 | Status: Trader | 3,132 Posts
#EURUSD / H4 
- #142,837
- Nov 30, 2021 11:35am Nov 30, 2021 11:35am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Well done to all above-average patient bears and bulls cashing in and/or protecting their well deserved gains.
Bulls evidently still have the intraday control !
Bears, at minimum, need to follow through beyond .1250 or have extremely strong resistance at 1330s and/or 1380s to counter such power!
Bears will probably have to be even more patient.
Much earlier than thought, Sold here .1306 and, thanks to a much less likely to be triggered counter volatility setup from the 1H. Sell stop 1.12471.
Let's see if bears are serious in making this the end of the correction. Doubt it, but as always, am preparing for the most crazy scenarios, as I shared above and elsewhere. Experience taught me to expect and plan for it all, especially in times like these.
I had to make a hard decision Sunday night and cancelled big long-time plans because of Omicron. That is why I am trading and I am here still sharing.
My sincerest apologies to all who have grown to dislike my shares. I don't blame you. My shares, which could be so easily mistaken for something they are not, have been too often too long and too numerous. Don't worry, I am really done for now.
Making this covid-destroyer-of-health-vacation
worth it the best I can in my ingloriously crazy trading way
!
Bulls evidently still have the intraday control !
Bears, at minimum, need to follow through beyond .1250 or have extremely strong resistance at 1330s and/or 1380s to counter such power!
Bears will probably have to be even more patient.
Much earlier than thought, Sold here .1306 and, thanks to a much less likely to be triggered counter volatility setup from the 1H. Sell stop 1.12471.
Let's see if bears are serious in making this the end of the correction. Doubt it, but as always, am preparing for the most crazy scenarios, as I shared above and elsewhere. Experience taught me to expect and plan for it all, especially in times like these.
I had to make a hard decision Sunday night and cancelled big long-time plans because of Omicron. That is why I am trading and I am here still sharing.
My sincerest apologies to all who have grown to dislike my shares. I don't blame you. My shares, which could be so easily mistaken for something they are not, have been too often too long and too numerous. Don't worry, I am really done for now.
Making this covid-destroyer-of-health-vacation
worth it the best I can in my ingloriously crazy trading way! If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #142,838
- Nov 30, 2021 12:13pm Nov 30, 2021 12:13pm
- Joined Oct 2018 | Status: Risk comes from not knowing what to | 2,235 Posts
Risk comes from not knowing what to do
- #142,839
- Nov 30, 2021 12:43pm Nov 30, 2021 12:43pm
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Ata, are we guessing month's closing price today?
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #142,840
- Nov 30, 2021 2:12pm Nov 30, 2021 2:12pm
- Joined May 2014 | Status: Full Time Trader | 27,258 Posts
Ata, are we guessing month's closing price today?
Focus only on what truly matters!