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  • #565,721
  • Nov 24, 2011 9:55am Nov 24, 2011 9:55am
Quoting Shady313
Wow thank you, so you think it will be closed in profit?

Anyway i made successfully sell trades on 1m, and my free margin is at 676 Euro, I hope it really go up and my margin wont blow up.

Thank you again, its really nice from you!

Lot 4 - I dont know why did i choose that... really.... im a newbie...
Your 2 trades are cancelling each other out, 4 sell and 4 buy, you just have to be very careful at choosing the top or bottom where to close. Prices are far away still and can take up to 12 hours to reach and I'm not God so can be wrong. Those are very strong levels though in my books.
  • #565,722
  • Nov 24, 2011 10:06am Nov 24, 2011 10:06am
Quoting Ultimate6
Your 2 trades are cancelling each other out, 4 sell and 4 buy, you just have to be very careful at choosing the top or bottom where to close. Prices are far away still and can take up to 12 hours to reach and I'm not God so can be wrong. Those are very strong levels though in my books.

I see, thats why im trying to cancelling them out to take some little, small profits.

You really helped a lot. The time isnt problem, just my margin...

I put a sell limit at 1.33390. Is it ok? What you think?
  • #565,723
  • Nov 24, 2011 10:08am Nov 24, 2011 10:08am
Quoting Ultimate6
Your 2 trades are cancelling each other out, 4 sell and 4 buy, you just have to be very careful at choosing the top or bottom where to close. Prices are far away still and can take up to 12 hours to reach and I'm not God so can be wrong. Those are very strong levels though in my books.
so puzzled & wroing trades & hedging , may go further wrong when unhedging by chance close the profit one & keep the loosing . if to close, close all at the same time .
very difficult to take decision unhedging , first top & bottom to identiny as ultimate told here or anytime identify a 50 pips movement more or less confirm to deal with in a normal market condition with no news around ,close the positive one monitor prices move in the direction & before go extreme rehedge again , some pips recovered & wait another similar situation to take some more & when loss recovered & close everything .
Thanks ,
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #565,724
  • Nov 24, 2011 10:09am Nov 24, 2011 10:09am
Wtf? Babie, got kicked out? Ff, I want my toy back.
  • #565,725
  • Nov 24, 2011 10:10am Nov 24, 2011 10:10am
Quoting Shady313
I see, thats why im trying to cancelling them out to take some little, small profits.

You really helped a lot. The time isnt problem, just my margin...

I put a sell limit at 1.33390. Is it ok? What you think?
As long as you have equal buy and sell your margin will stay the same, so account is not in danger. danger comes when you close one or add more to one side than the other. Yea...you could try 3340 area, be careful, I know when you are new to this your fingers are itching to place trades all the time and it could take till next week to sort out this problem you are in completely.
  • #565,726
  • Nov 24, 2011 10:13am Nov 24, 2011 10:13am
1h:
Attached Image (click to enlarge)
Click to Enlarge Name: 1h.jpg Size: 162 KB
  • #565,727
  • Nov 24, 2011 10:16am Nov 24, 2011 10:16am
Quoting Alexone
I wish u luck what can i say...I dont want to see u go down in flames as much as the next guy. Have nothing against u. Brokers have though.

And if u dont always assume the worst with Forex it only means that u havent traded long enough. Long enough so that the worst may happen to you that is. Think about it...if u assume the worst every trade u will always be prepared. But ure still at the stage where u think that if u will put a trade on, its going to start raining candy and flowers from everywhere. U are eventually going to evolve one way or...
I have no disagreement with you on that whatsoever. I view 'worst case' as a part of risk management. I would say my win/loss ratio is about 10:1.

When I said, "...assume the worst..." I was not referring to trading strategies, I was referring to your initial response to ideas. Somehow you assumed what I suggested was unsustainable. What I suggested was not the only strategy I use.

Anyway, I think we are more on the same page than not.
Taigen Profit This Month: na
  • #565,728
  • Nov 24, 2011 10:17am Nov 24, 2011 10:17am
Quoting fontu
so puzzled & wroing trades & hedging , may go further wrong when unhedging by chance close the profit one & keep the loosing . if to close, close all at the same time .
very difficult to take decision unhedging , first top & bottom to identiny as ultimate told here or anytime identify a 50 pips movement more or less confirm to deal with in a normal market condition with no news around ,close the positive one monitor prices move in the direction & before go extreme rehedge again , some pips recovered & wait another similar situation to take some...
Thank you for this explanation.
  • #565,729
  • Nov 24, 2011 10:21am Nov 24, 2011 10:21am
Quoting Ultimate6
As long as you have equal buy and sell your margin will stay the same, so account is not in danger. danger comes when you close one or add more to one side than the other. Yea...you could try 3340 area, be careful, I know when you are new to this your fingers are itching to place trades all the time and it could take till next week to sort out this problem you are in completely.

Ok, I dont make trades all time, im waiting patiently. I hope it go back to the top, it's a very bloody position.

Thank you fontu for advices!
  • #565,730
  • Nov 24, 2011 10:21am Nov 24, 2011 10:21am
Happy thanks giving everyone

Do good stuff and trade well...

I'm off to bed, my fingers are sore form scalping like a MOFO...

Do good stuff and trade well, may the pips be with you

Steve
  • #565,731
  • Nov 24, 2011 10:22am Nov 24, 2011 10:22am
Quoting Pipsforall
Well considering the giant bearish outside bar forming on the 4 hr, that was probably the right move. lol But, its at a swing low, so for me, I wouldn't short it, and I'm staying long, my sl is much lower, so I'm still in my comfort zone.
LOL yeah man your right, where are you expecting the next swing high to top out? im hoping it may even get back to 3400
  • #565,732
  • Nov 24, 2011 10:22am Nov 24, 2011 10:22am
Quoting SystemFX2011
Happy thanks giving everyone

Do good stuff and trade well...

I'm off to bed, my fingers are sore form scalping like a MOFO...

Do good stuff and trade well, may the pips be with you

Steve
Same to you mate, even though im in the UK......Wish we had that holiday here!!
  • #565,733
  • Nov 24, 2011 10:24am Nov 24, 2011 10:24am
since you're using 100:1 leverage, you're better off just closing them both out... take a break and start over on monday and only trade half the lot sizes you are currently doing, or 1/4 of a lot size, so if you make a booboo again, you got 4 times the chance to recover and wont be that worse off

Good luck

Steve

Quoting Shady313
Hi guys!

What do you think about this position? Where and what should i close?

Im trying to find the peak to close the buy position.
Or should I close the sell now? (if it was a news related things)

As you see Im a newbie, im just trying to find the best trading method.

http://d3test.atw.hu/xy.jpg

Can somebody help me?
http://d3test.atw.hu/xy.jpg
  • #565,734
  • Nov 24, 2011 10:25am Nov 24, 2011 10:25am
Quoting Alexone
I wish u luck what can i say...I dont want to see u go down in flames as much as the next guy. Have nothing against u. Brokers have though.

And if u dont always assume the worst with Forex it only means that u havent traded long enough. Long enough so that the worst may happen to you that is. Think about it...if u assume the worst every trade u will always be prepared. But ure still at the stage where u think that if u will put a trade on, its going to start raining candy and flowers from everywhere. U are eventually going to evolve one way or...

I think my experiment is successful, to see how the sentiment of traders ... after I sent a post, I will see what the reaction from all, and what is the impact on the market, if any (nothing) ... apparently it works .... and... will continue in the other day ....
  • #565,735
  • Nov 24, 2011 10:26am Nov 24, 2011 10:26am
hehee, but don't we have enough Holidays already LOL

Yup, I'm british, but live in the states now

take care, 'av a few drinks on me -- hic-up

Steve

Quoting stinger007
Same to you mate, even though im in the UK......Wish we had that holiday here!!
  • #565,736
  • Nov 24, 2011 10:26am Nov 24, 2011 10:26am
Quoting pkimnyc
Wtf? Babie, got kicked out? Ff, I want my toy back.
I remembered he posted his account before and he only had 4 dollars left in his account. dunno how can he trade with 4 dollars, and he always wants to long EU so any 40 pips drop could blows his account.

by the way, you remember a guy named memor or something like that? he always post his trading activity on this thread (always named Real-Time Trade) with around 20 trades per day that average earn 1-2 pips. Did not see that funny guy for a while, I doubt if he trade 1 lot long EU anytime this week and didnt use s/l, just waiting for his long earn 1 pip and unfortunately, EU never back to his enter price so he lost all his money.
  • #565,737
  • Nov 24, 2011 10:30am Nov 24, 2011 10:30am
I am sensing Bull is trying to crush bear , right now . any opinion ?
  • #565,738
  • Nov 24, 2011 10:31am Nov 24, 2011 10:31am
Some scribbles.

Attached Image (click to enlarge)
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  • #565,739
  • Nov 24, 2011 10:35am Nov 24, 2011 10:35am
Quoting Shady313
Hi guys!

What do you think about this position? Where and what should i close?

Im trying to find the peak to close the buy position.
Or should I close the sell now? (if it was a news related things)

As you see Im a newbie, im just trying to find the best trading method.

http://d3test.atw.hu/xy.jpg

Can somebody help me?
http://d3test.atw.hu/xy.jpg
So you're down 20%......Best Advice, STOP TRADING TAKE THE FREAKING LOSS AND BE DONE.
Point is, you have lost that money, accept it and restart, don't try and keep the hedging game up, it's very dangerous and your odds of success are very low.

Don't try and play the sell on a peak game here.......you'll end up risking more, it's a very dangerous game you are playing here........
  • #565,740
  • Nov 24, 2011 10:35am Nov 24, 2011 10:35am
Quoting mrfxlee
I am sensing Bull is trying to crush bear , right now . any opinion ?
Im hoping so mate - i've closed 2 longs but still have one open, hoping for a little run up
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