End December's sell the dollar theme going on... i wouldn't be surprised if we hit 1.1400 by end of this yearTrade safe Happy Trading
A stupid mistake that could cost me dearly.
{quote} I dont think it will. My view is below 1.13. Lets see.
happy new year folks! wish you all a joyful and healthy 2022 and of course healthy profits!
! Common mates, everyone, no matter if you appreciate the person talking to you or not, all can find a way to make it out better, not worst. We all can very much appreciate dancing this new year in peace and with the good hearted feelings, no matter what our beliefs are ! Bigs hugs to all from Mtako that is for sure !!!!!!!!!!!
adventure(see below), I have been only scalping and intraday trading both ways, waiting for anything new to happen, for the month-long range to be seemingly broken, for below 1280 to become proper resistance, or an significant weekly pullback to happen(perhaps this last day of the year bulls run was a first one since beginning of this down trend?!).... Now, this important level for me is moved down, now at 1256. This will be my most watch price for the rest of the week; the second being 1330s. AND if 1256 is touched by a 8h cdl that does not close below it, I will exit all my shorts and call it a year. If 1256 is not even touched before bulls attack 1350s, bulls will actually have built up some interesting momentum on that scale, and only some wild longer-term volatility war would probably be needed for the bears to be saved.... {image}
Oanda-Tradingview closes at 1.12360.....aaaaand the winner is.... drum roll.... mtako with only 3 pips distance.. Wow.. this week you were the only one so close brother.. Congrats and big applause.. You earned yourself +4 points.. 2nd Place: Our fresh participant EllaCen... with 21 pips distance.. Congrats! +3 points for you... 3rd Place: andvk74 (the secret guru of this game lol).. with 21.5 pips distance.. Bravo! +2 points for you.. Many many thanks to all who participated this week.. You all get +1 points for your contributions.. I am calling...
{quote} Great Boos
{quote} I am buying here
{quote} Hey mtako, great to see that you stay active 24/7, this is commitment! I was just wondering about an aspect of your strategy you were mentioning. So you enter stop-losses and take profits, but when the price is about to reach the level you temporarily remove them?
, each having their own settings, so the best for me when Omicron potential black swans signs appeared was to hedge and wait. Note that I only had to hedge 8 times in 2021... This quarter, only 3 times, and the 3 times came out as being advantageous to me at time of trades closed and DD was left than 1/2 of return. See post quote above about the corresponding live shared trades being closed... Other hedging years of that magnitude on my trading were 2008, 2010, 2014 and 2020. So it is rare, but is always a better solution on the long run for me, in these circumstances.
Ok, In lieu of this failing gif which was meant to be a piece of my heart sent straight to yours, let's laugh together with the following "awesome fails and wins" video, a good parallel, in my view, with trading. Ups and big downs, but always ends with the same smile and laughter : more return than risk! :::\
