still in a few other trades that are still trying to make their mind up as to what and where they are going, interestingly I closed out my hedge for gold which cost a few pips, but the great thing is that this has been made back now its decided which direction its going.. I am going to practice more with hedging to add as an effective tool....
GU hedge going in the right direction. I dont think hedging is for everyone, takes practice but with some good/simple bar analysis& MM its hard to get wrong..
this worked out ok.. small long closed out left with this little lot.. really BIG clue as to the direction of the trades before they were taken...
take care
RS
On a side note, I have noticed my account chopping around big time and after some analysis have realised that i do not Take Profit enough and so have been practising putting in TP's in all of my orders..
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