Please give me some PIPS
Cable Update (GBPUSD)
- #150,622
- Jul 24, 2009 8:44am Jul 24, 2009 8:44am
- Joined Aug 2008 | Status: Trader | 3,976 Posts
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
- #150,623
- Jul 24, 2009 8:45am Jul 24, 2009 8:45am
- Joined Aug 2008 | Status: Trader | 3,976 Posts
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
You need a big account for this to work. If you do this, please only trade the direction of the trend.
Happy pips guys, that was an easy trade
.
Happy pips guys, that was an easy trade
. Is anyone trading cabble like this:
You open a smaller position in the begining, buying.
If market falls, you open a new buy position when i goes through a pivot/every 50 pips.
You get some swap for all the positions... and by the time your first position gets to BE you are way in profit.
If the market drops and you feel it will be a bear market for a day/asia session/bad news/whatever you just hedge the position. If hedged right, you close the hedged position on the retracements up from the downwaves and sell again on the tops(if you feel...
- #150,625
- Jul 24, 2009 8:46am Jul 24, 2009 8:46am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
- #150,626
- Jul 24, 2009 8:47am Jul 24, 2009 8:47am
- | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
- #150,630
- Jul 24, 2009 8:54am Jul 24, 2009 8:54am
- | Additional Username | Joined May 2009 | 2,719 Posts
- #150,631
- Jul 24, 2009 8:55am Jul 24, 2009 8:55am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
You need a big account for this to work. If you do this, please only trade the direction of the trend.
Happy pips guys, that was an easy trade
Also hedging removes a lot of the risk.
Also i am long biased now... for the long term... so i`m trying to buy as low as i can.
It can only go wrong if you are too greedy... or don`t hedge it properly.
Account size never matters... only position size.... and the amount of the account you are risking...
Also hedging removes a lot of the risk.
Also i am long biased now... for the long term... so i`m trying to buy as low as i can.
It can only go wrong if you are too greedy... or don`t hedge it properly.
- #150,635
- Jul 24, 2009 8:59am Jul 24, 2009 8:59am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
Is that you done for the week then?
Have a good weekend.
Cheers
Dan
.Thinking about doing one last trade > long loonie. Either now or soon.
How about yourself? Got many plans this weekend?
- #150,637
- Jul 24, 2009 9:02am Jul 24, 2009 9:02am
- | Joined May 2009 | Status: Losing less Money Now | 840 Posts
since how many years are you using this strategy
and are you really consistent with the results
what is your profit percentage
How come you are trading NY lately? Girlfriend told you so?
Great Bodies are Engineered not Born
- #150,638
- Jul 24, 2009 9:04am Jul 24, 2009 9:04am
- | Additional Username | Joined Sep 2009 | 8,623 Posts
wow 
- #150,639
- Jul 24, 2009 9:04am Jul 24, 2009 9:04am
- | Joined Oct 2008 | Status: Trader | 1,035 Posts
ROBOT FOREX
- #150,640
- Jul 24, 2009 9:06am Jul 24, 2009 9:06am
Yeah I think so, gotta strip some wallpaper and do the washing. It's thunderstorms up here...I dont really want to go outside. Then its time to party! Oh and write tons of articles
Thinking about doing one last trade > long loonie. Either now or soon.
How about yourself? Got many plans this weekend?
Took the bottom of cable for 2% and sold Fiber on 4240, just trailing now and once that goes i'm shutting up shop (although what happens at the bottom of its 5M range might be interesting.
Sweet FA planned for the weekend
