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Breeze....Update on GBP/JPY

  • #601
  • Nov 22, 2007 2:40am Nov 22, 2007 2:40am
Quoting TraderJoe
Aint gpy an awesome pair?
Good Thanksgiving to all those who celebrate and those who'd like to.

Hey Putto.. hows the pip collecting going , it just keeps raining em down over here. :

Hey Breeze!! Hope you're feeling well!
I just came back a few hrs ago.....and find that all was in the red zone....however I added 2 more trades......with the sign of recorvery on psycho and adx....

I'm feeling well so far....much better thank you for asking.

and Happy Thanxgiving to you too....your best friend forever

Breeze
  • #602
  • Nov 22, 2007 2:43am Nov 22, 2007 2:43am
Quoting TraderJoe
well if it doesn't, we get to see his hedging in action
That's the real beauty of his style of trading.
I didnt hedge as I was not here as the market made this move....however I'm pretty confident now that I'm home...

Breeze
  • #603
  • Nov 22, 2007 2:45am Nov 22, 2007 2:45am
Quoting fer
Is breeze holding or he had stop?
I'm still holding fer....it aint over yet....and I just added @ 224.15

Breeze
  • #604
  • Nov 22, 2007 2:55am Nov 22, 2007 2:55am
Quoting TraderJoe
Well, instead of acting like bickering sibblings, why don't we just wait and see what the answer is?

Personally, I believe B has a certain amount of float he is willing to endure and a hedge area set in his mind. At least thats the way I've seen him do it in the past. Where he hedges probably has much to do with the account size and where he believes the worst case senerio might lead. Just my guess though. Let's wait and see.

TJN
You certainly see through me.....I'm scared you might even read my mind someday.

Breeze
  • #605
  • Nov 22, 2007 2:59am Nov 22, 2007 2:59am
Quoting sieb_ila
that is true..
Every one's trading methods have strengths.
Let us make use these forums to learn as much as we can.
We have entered a phase where we will position ourself and build sizeable gains.....wherether the market goes up or down we will still be making sizeable gains with our hedges.....

Breeze
  • #606
  • Nov 22, 2007 3:05am Nov 22, 2007 3:05am
long @
227.50................active
226.50................active
227.00................active
226.22................active
226.50................active
226.75................active
227.25................active
226.40 X 5...........active
226.00.................waiting activation
225.00.................waiting activation
224.15................active

target projection @ 229.00 - 230.00......the 224.15 & 225.00 are the last trades to add and I will hedge all @ 224.00....will keep you all informed about any changes that I might make during this 6hrs if the market turns against me....know that i will hedge only @ 224.00....all trades active and running without a single problem.

We have strong support @ 224.00....and the psychological line and ADX is about to recorver.....so everyone just relax sit back and enjoy the ride..

Breeze
  • #607
  • Nov 22, 2007 3:22am Nov 22, 2007 3:22am
Hi breeze,
So is that the level you hedged at yesterday? Or was there another level for some reason yesterday?

Cheers
  • #608
  • Nov 22, 2007 3:25am Nov 22, 2007 3:25am
Once you hedge at what point do you remove it and continue with you longs?
  • #609
  • Nov 22, 2007 3:25am Nov 22, 2007 3:25am
Quoting svengali
Hi breeze,
So is that the level you hedged at yesterday? Or was there another level for some reason yesterday?

Cheers
Which lvl.....check post #602

Breeze
  • #610
  • Nov 22, 2007 3:26am Nov 22, 2007 3:26am
Quoting Breeze
Which lvl.....check post #602

Breeze
Sorry didn't see that post, it wasn't there and then just appeared. weird.
  • #611
  • Nov 22, 2007 3:26am Nov 22, 2007 3:26am
Quoting Breeze
I'm still holding fer....it aint over yet....and I just added @ 224.15

Breeze
hope ure feeling better

breeze--till psych is below 50, wouldnt shorts be better.or in other words would it be safer to long if we go above 50?
right now its at 48

thanks
  • #612
  • Nov 22, 2007 3:26am Nov 22, 2007 3:26am
Quoting svengali
Once you hedge at what point do you remove it and continue with you longs?
depens on resistence lvl's...ADX....psycho and fibs...the last is O/B lvl's

Breeze
  • #613
  • Nov 22, 2007 3:29am Nov 22, 2007 3:29am
Quoting fer
hope ure feeling better

breeze--till psych is below 50, wouldnt shorts be better.or in other words would it be safer to long if we go above 50?
right now its at 48

thanks
Thats why I took along @ 224.15....I see recorvery through my system....but my system is man made....so it has its weaknesses.....I'm waitng to see what happens within these 6hrs....before I can be preety sure of a movement.....just hang in there with me.

Breeze
  • #614
  • Nov 22, 2007 3:40am Nov 22, 2007 3:40am
ATTENTION ALL....1pip before it hit my hedges.....NOW HEGDES CANCELLED.....I REPEAT HEDGES CANCELLED.

Breeze....brb
  • #615
  • Nov 22, 2007 3:42am Nov 22, 2007 3:42am
long @
227.50................active
226.50................active
227.00................active
226.22................active
226.50................active
226.75................active
227.25................active
226.40 X 5...........active
226.00.................waiting activation
225.00.................waiting activation
224.15................active

target projection @ 229.00 - 230.00......

We have strong support @ 224.00....and the psychological line and ADX is about to recorver.

brb

Breeze
  • #616
  • Nov 22, 2007 3:51am Nov 22, 2007 3:51am
still hanging.........great call....you are amazing!!!



Quoting Breeze
Thats why I took along @ 224.15....I see recorvery through my system....but my system is man made....so it has its weaknesses.....I'm waitng to see what happens within these 6hrs....before I can be preety sure of a movement.....just hang in there with me.

Breeze
  • #617
  • Nov 22, 2007 4:22am Nov 22, 2007 4:22am
Quoting Breeze
long @
227.50................active
226.50................active
227.00................active
226.22................active
226.50................active
226.75................active
227.25................active
226.40 X 5...........active
226.00.................waiting activation
225.00.................waiting activation
224.15................active

target projection @ 229.00 - 230.00......

We have strong support @ 224.00....and the psychological line and ADX is about to recorver.

brb

Breeze
Good to see you have your positions ready...because i have a feeling this thing could break 224 south. If it does...were going at least to 222.10. Good luck!
Lemming Forex! The Way to Trade....
  • #618
  • Nov 22, 2007 4:45am Nov 22, 2007 4:45am
looks like a potentially nasty drawdown with all those long positions. good luck!

Quoting Putto
Good to see you have your positions ready...because i have a feeling this thing could break 224 south. If it does...were going at least to 222.10. Good luck!
TRADE FOR SWAP
  • #619
  • Nov 22, 2007 5:07am Nov 22, 2007 5:07am
Quoting cgldsmth
looks like a potentially nasty drawdown with all those long positions. good luck!
I see this too but it looks as a hard job for JPY right now and i think 225.00 is what we can see next...
I am long from 223.50
TP 221.00
Work smart not hard
  • #620
  • Nov 22, 2007 6:28am Nov 22, 2007 6:28am
Quoting sony
I see this too but it looks as a hard job for JPY right now and i think 225.00 is what we can see next...
I am long from 223.50
TP 221.00
Long 223.50 TP 221.00
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