added to the above trades ...
short @ 1.0331 + long @ 1.0273 (+58 pips).
short @ 1.0315 + long @ 1.0281 (+34 pips).
Grand total +534 pips secured.
Good Luck to your trades ...!
my current trades on usd/cad ...
short @ 1.0478 + long @ 1.0250 (+228 pips)
short @ 1.0375 + long @ 1.0255 (+120 pips)
short @ 1.0348 + long @ 1.0254 (+94 pips)
As for aud/usd , I hv posted it in the AU main thread.
added to the above trades ...
short @ 1.0331 + long @ 1.0273 (+58 pips).
short @ 1.0315 + long @ 1.0281 (+34 pips).
Cheers ! 
add one more pair ...
short @ 1.0327 + long @ 1.0276 (+51 pips).
Grand Total secured +585 pips.
Note to suirad & halkins : atm I hv preparations to make ... will answer yr qstns later , but if u had figure out the answer to yr qstns, would be much better for me
attached : usd/cad 30m
Okay, VennD, how are you?
In fact that you nicely hold some positions at tops and bottoms, a question arises - are you opening till it finally moves in your way? and where do you close if going against you?
Cheers
Im fine and I hope u too had a prosperous life in robbing forex market Once my entries are in pairs (one buy and one sell) , I don't mind market want to go anywhere, either it against me or not , coz the number of pips gain still holds the same. What I need to do next is to look for another opportunity , where can I park my next buy and sell , and I will keep on doing it until my eyes is soar to look at all the entries , then I'll close mostly all except the top and bottom for a purpose (see chart after closing the scalpers earlier - I left in that chart are short @ 1.0478 and long @ 1.0250).i guess we could find some similarities to our trading style, but as I currently trading in more comfortable style, trying to open position in very accurate place with small SL (50-100 pips) and trying to get out the max potential as in this example below on USD/CAD - shorted on extreme overbought mainly based on weekly chart (previous resistance and falling channel). currently secured order with +252 pips. cheers
your successful but the concept still makes no sense and it shouldn't since its not my method. i would be interested to see one chart one buy and one sell posted in its position at point of trade. maybe that would make ur method clear.
So VenD why dont you just close your profits instead of hedge them?
that would make others to follow my trade . Pls note that im not making any calls here. Just to show how i trade these uncertainties. Why don't you just trade according to your method. That will be fine with me
)that's the pity you not shows them.don't leave this topic ! Your posts are very good and very experience!
I like it and other people too! Your analises on aud /usd was very properly too!
Thank you vennd
Yes , I still have my trades (scalps mostly) running on AU and wanna keep it quiet for the time being, later I will show it them. , STOPLOSS would be good to drive the price up there ...I will , when the time comes . Pls look at the earliest post. I have shorted usdcad from 1.0647 , I think. and that has been closed.
If you can guarantee to me ... that it is a one way ticket ... I would not hedge them ... probably also , I will place one damn big lot and smile for the rest of the year
long @ 1.0250 had to close @ 1.0260 .
Currently in trades ...
short @ 1.0478 + long @ 1.0142 (+336 pips)
short @ 1.0284 + long @ 1.0145 (+139 pips)
short @ 1.0265 + long @ 1.0146 (+119 pips)
short @ 1.0250 + long @ 1.0147 (+103 pips)
Total secured +697 pips.
p/s ! U can relate that US Budget Balance Statement with your technicals , if they go along ... hit it ! but ... u need to also look at the previous Canada Merchandise International Trade data , then ... trade in between them ... subject to also go along with your technicals.
... Here ... I tell u an example how my NEW entry went in to usd/cad if u haven't know technically , ... next time DO IT YOURSELF
=> 30m tf , rejected by support @ 1.0178 , signal candle to scalp long appeared , DownTrend (1.0271-1.0178) = Bull Candle = High = Close = 1.0201 .
Entered long scalp @ 1.0193 with BE... (awaiting to get its partner = short , to be in pair). Probably , it will hit minor RES @ 1.0240 or ... come back to minor SUP @ 1.0190 .
But ... don't you dare to chase the price unless it is rejected again by another...
so you mean you trade a long term for example you short it, and then when it dropped a lot it may have a correction therefore your hedge your short and when you see the correction finished you closed your long and leave your short open to run until when the short reaches to your tp or when you see the trend is over then you close the short...
... my broker cannot hedge so i dont think i can use this strategy but your strategy seems good.how many years did you trade, it seems you are very good at trading with a long trend and you can always follow the trend.
