I am bored..
- #11,203
- Apr 23, 2008 2:02am Apr 23, 2008 2:02am
- Joined Sep 2006 | Status: Chasing Trends | 2,339 Posts
Help needed in OANDA + users from Malaysia 105 replies
Dislikedi still hold sell position 205.25... must be BE if MR GREPPY dun want to show thier face at daily PV line...
TAYOR...Ignored
DislikedAlready broke the Support of M30 TriangleCould be testing the STRONG SUPPORT UPTrenline (Blue Line) later on. Moving SL to 1 pip on the green soon.
T.A.Y.O.R.
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DislikedHi all,
Great thread Malaysia!
Interesting discussion abt hedging. I'm not sure how one would term hedging strategies are like or supposed to be. But if we are unsure abt a position, hedging it does not make any difference from minimising size, i don't see much good in it other than taking advantage of implied volatility of the hedged instrument. This does not help in increasing profitability at all and may not decrease loss at the same time. Unless you are talking going long and short on the same currency, (imho, it does not really makes any sense to do such.)
I personally view hedges in a manner where i place a macro trade on a certain security/derivative/option following the daily trend, i let this position run for an indefinite period or until its technicals turn.
With a seperate broker, i'll make intraday trades on either positions depending on daylight action, if any positions were to get into a loss, most likely my macro hedge would have offsetted or reduced it and winning intraday trades would only add on to profitability. This will continue to work unless price trends decides to turn based on macro events.
regardsIgnored
DislikedKnowing when to stop is the Greatest Victory, as they say some of the best trades are trades not taken.Ignored
Disliked4:30pm GBP http://www.forexfactory.com/images/m...mpact_high.gif MPC Meeting Minutes ??? 9-0 cut 7-2 hldIgnored
DislikedKnowing when to stop is the Greatest Victory, as they say some of the best trades are trades not taken.Ignored
DislikedThe moment of truth...Everyone seems freeze in front of the monitor watching PA with HAWK Eyes.
All SL in place... PO added. Just wait and see.
p/s: Welcome to the Club NisdaHi 3rd.
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DislikedBINGGO!!!Hitting BLUE Uptrendline now
Either take profit now OR see if the LINE got broken. STRONG SUPPORT that is.
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