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Hedging/averaging trades without prediction

  • #3,601
  • Jun 5, 2024 3:35pm Jun 5, 2024 3:35pm
Quoting Waveskierrob
{quote} Managed to get in at the bottom pure fluke just so happen price was there just I got some internet, +30 at the moment will wait for gap to be filled before closing, if folks aren't making easy money with these DIVI trades then they need to seriously look at their MM or their patience...
Feeling some kind of risk free snowball compound add on thingie or something for this set up..
  • #3,602
  • Jun 5, 2024 3:55pm Jun 5, 2024 3:55pm
Quoting Waveskierrob
{quote} Managed to get in at the bottom pure fluke just so happen price was there just I got some internet, +30 at the moment will wait for gap to be filled before closing, if folks aren't making easy money with these DIVI trades then they need to seriously look at their MM or their patience...
Set TP's @ 8255 too tired to stay up...
  • #3,603
  • Jun 5, 2024 3:55pm Jun 5, 2024 3:55pm
Quoting LazyTrades
My Oanda UK100 chart (1 min) looks like this at 4.30pm UK (assuming I've got the timings right). Seems odd/sinister they can invent candles which don't exist on other's charts but I may not have my facts right on this? Suppose I could trade long regardless at 4.31pm. {image}
My 24/7 EA experiments run on an IG demo account so I can see indices on that platform, I'm guessing Oanda's UK100 is somewhat different to the true FTSE100 hence the difference, which I'd look into if I could be arsed.
Sounds like a lot of screen time to me.
  • #3,604
  • Jun 5, 2024 4:03pm Jun 5, 2024 4:03pm
Quoting Waveskierrob
{quote} Managed to get in at the bottom pure fluke just so happen price was there just I got some internet, +30 at the moment will wait for gap to be filled before closing, if folks aren't making easy money with these DIVI trades then they need to seriously look at their MM or their patience...
  • #3,605
  • Jun 5, 2024 4:06pm Jun 5, 2024 4:06pm
Quoting Waveskierrob
{quote} Set TP's @ 8255 too tired to stay up...
took 2 possitions off just coz of time of day, will see if i can get one back on tomorrow if im not sleeping
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2024-06-05 at 22.04.11.png Size: 44 KB
  • #3,606
  • Jun 5, 2024 4:07pm Jun 5, 2024 4:07pm
Quoting Waveskierrob
{quote} Set TP's @ 8255 too tired to stay up...
Iddd probably still looking for his Holy grail while we make money, whata fuckindick
  • #3,607
  • Jun 5, 2024 5:59pm Jun 5, 2024 5:59pm
Quoting T721
{quote} took 2 possitions off just coz of time of day, will see if i can get one back on tomorrow if im not sleeping {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2024-06-05 at 23.55.27.png Size: 46 KB
  • #3,608
  • Jun 5, 2024 6:04pm Jun 5, 2024 6:04pm
Quoting T721
{quote} Gap not filled yet
And i'm out with the gap close.
always learning
  • #3,609
  • Jun 5, 2024 6:14pm Jun 5, 2024 6:14pm
Quoting griffc
{quote} And i'm out with the gap close.
Great work pal

Now get some sleep
  • #3,610
  • Jun 5, 2024 6:17pm Jun 5, 2024 6:17pm
Quoting Waveskierrob
{quote} Set TP's @ 8255 too tired to stay up...
Nice trade pal, you TPed in your sleep
  • #3,611
  • Jun 5, 2024 6:18pm Jun 5, 2024 6:18pm
Goodnight guys
  • #3,612
  • Jun 5, 2024 8:05pm Jun 5, 2024 8:05pm
Quoting Fagin
{quote} Yes, I learnt an expensive lesson with CAC the other week. I was a foolish greedy sack of shite who should know better! I fired myself and replaced me with the normal Fagin again
Fagin - did you not scale in to it? If you want, may be valuable posting a chart with your trades for others to comment on, or ask those who profited from same CAC trade to post theirs?
  • #3,613
  • Jun 5, 2024 8:09pm Jun 5, 2024 8:09pm
Quoting Waveskierrob
Just got in FTSE LONG 8231...
I also entered late (in UTC+8 time) at 8241 and 8233.

Curious - what kind of analysis / trigger did you use to enter? Or did you simply enter when you saw price lower than immediately post div?
  • #3,614
  • Jun 5, 2024 8:10pm Jun 5, 2024 8:10pm
Quoting T721
Goodnight guys
T - do you close a positive trade like this at gap fill, or let it run until some other trigger occurs to exit?
  • #3,615
  • Jun 6, 2024 12:18am Jun 6, 2024 12:18am
Quoting samgribbles
{quote} I also entered late (in UTC+8 time) at 8241 and 8233. Curious - what kind of analysis / trigger did you use to enter? Or did you simply enter when you saw price lower than immediately post div?
Still a gap after FTSE DIVI drop, that's it...
  • #3,616
  • Jun 6, 2024 12:23am Jun 6, 2024 12:23am
Quoting Waveskierrob
{quote} Set TP's @ 8255 too tired to stay up...
TP hit +47 pity I missed the DIVI, there will be others ..patience
  • #3,617
  • Jun 6, 2024 12:44am Jun 6, 2024 12:44am
Quoting samgribbles
{quote} I also entered late (in UTC+8 time) at 8241 and 8233.....
I'm out at 8265 for avg P of 28 points
  • #3,618
  • Jun 6, 2024 2:20am Jun 6, 2024 2:20am
Quoting samgribbles
{quote} Fagin - did you not scale in to it? If you want, may be valuable posting a chart with your trades for others to comment on, or ask those who profited from same CAC trade to post theirs?
I did but it still tumbled and I maxed out my capital due to the shit ESMA margins on indexes, so no more bullets (plus it was still tanking). Live and learn... don't be greedy.
  • #3,619
  • Jun 6, 2024 3:42am Jun 6, 2024 3:42am
Quoting samgribbles
{quote} T - do you close a positive trade like this at gap fill, or let it run until some other trigger occurs to exit?
I let the last position run and just took it off now at 8272
  • #3,620
  • Jun 6, 2024 3:43am Jun 6, 2024 3:43am
Quoting T721
{quote} I let the last position run and just took it off now at 8272
it could keep going up but banked the money and happy with it..
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