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The Really Useless Thread

  • #41,701
  • Dec 20, 2011 11:34pm Dec 20, 2011 11:34pm
Quoting kenfen69
Was a peach of an entry.

Always SO hard to predict this would happen. Sure...always there as a, "wouldn't surprise me if..." kind of thing, but...pretty sharp turn-around..."teflon" currency, or not!

100pips was still a fine run! Could maybe close partials...I do that a lot...but then the next time you do it, you'll take half off and it'll turn around and drop to your stop...fakking forex!
yea you have to learn to take your money and move on and forget it

gotta know the difference between being greedy and letting your winners run
  • #41,702
  • Dec 20, 2011 11:36pm Dec 20, 2011 11:36pm
au is trending pretty hard though shold be ok to 0350 hopefully
  • #41,703
  • Dec 20, 2011 11:43pm Dec 20, 2011 11:43pm
Quoting fxjawn
au is trending pretty hard though shold be ok to 0350 hopefully
A lot of people stuck short. Accelerates the charge north as they either exit, or cover (hedge) their trades. Strong Mo!

EG just shat itself. Coming into Demand zone...but not so sure it'll hold.
  • #41,704
  • Dec 20, 2011 11:43pm Dec 20, 2011 11:43pm
Quoting fxjawn
yea you have to learn to take your money and move on and forget it

gotta know the difference between being greedy and letting your winners run
Amen!
  • #41,705
  • Dec 20, 2011 11:46pm Dec 20, 2011 11:46pm
Quoting kenfen69
A lot of people stuck short. Accelerates the charge north as they either exit, or cover (hedge) their trades. Strong Mo!

EG just shat itself. Coming into Demand zone...but not so sure it'll hold.
yea not showing any reason to unload at this point...

if we bust though 1.0220 its on...

u were the reason i started trading the aussie lol
  • #41,706
  • Dec 20, 2011 11:54pm Dec 20, 2011 11:54pm
Quoting USD-Bear
ah well, it's almost tomorrow , shorting EU again @ 1.3084

USDOLLAR H1:
Attachment
stopped -16
Don't be a hero. Don't have an ego. Always question yourself
  • #41,707
  • Dec 21, 2011 12:01am Dec 21, 2011 12:01am
Quoting fxjawn
yea not showing any reason to unload at this point...

if we bust though 1.0220 its on...

u were the reason i started trading the aussie lol
lol. Fine pair! Really nice flows for the last couple years. Seems its either going up and up...aided by strong economy...particulary high interest rate...great carry. Or...is going down and down...to reload and go back up!

Mostly immune from all the BS Twit-show crap.
  • #41,708
  • Dec 21, 2011 12:01am Dec 21, 2011 12:01am
Quoting USD-Bear
stopped -16
Nice and tight!
  • #41,709
  • Dec 21, 2011 12:03am Dec 21, 2011 12:03am
Quoting kenfen69
lol. Fine pair! Really nice flows for the last couple years. Seems its either going up and up...aided by strong economy...particulary high interest rate...great carry. Or...is going down and down...to reload and go back up!

Mostly immune from all the BS Twit-show crap.
must have been nice to hold 5 or so lots in this pair for months while it ran
  • #41,710
  • Dec 21, 2011 12:16am Dec 21, 2011 12:16am
Quoting fxjawn
must have been nice to hold 5 or so lots in this pair for months while it ran
I think the most I had running for long periods was about 2...maybe 2.5. I'll go in large on a pullback, but try to get paid for the day quickly. I'll close fairly large partials quickly (in case I'm wrong)...like 12, 18 and 25 pips. Pull some more if I get to 50...then just monitor/manage. If I get a chance to go in again...I'll do it. I just keep taking portions out...+100, +150ish...somewhere around resistance.

I'll close out until positions are down to 0.2 or even 0.1 if they've traveled 400 or so pips, but I will have been adding more over top the whole time. I think I wound up with about 10-15 trades running .1 to .4 in size at the end. I never really watch the swaps that much...hardly notice it, because I generally won't hold trades that are heading sideways. I'm either making money, or I'm out.
  • #41,711
  • Dec 21, 2011 12:19am Dec 21, 2011 12:19am
How you say...risk on?
  • #41,712
  • Dec 21, 2011 12:21am Dec 21, 2011 12:21am
Quoting kenfen69
I think the most I had running for long periods was about 2...maybe 2.5. I'll go in large on a pullback, but try to get paid for the day quickly. I'll close fairly large partials quickly (in case I'm wrong)...like 12, 18 and 25 pips. Pull some more if I get to 50...then just monitor/manage. If I get a chance to go in again...I'll do it. I just keep taking portions out...+100, +150ish...somewhere around resistance.

I'll close out until positions are down to 0.2 or even 0.1 if they've traveled 400 or so pips, but I will have been adding...
nice bro nice...yea im still using oanda so i cant close partails...ill be moving my shit to the uk account soon though... i just wanted to open that account with profits
  • #41,713
  • Dec 21, 2011 12:21am Dec 21, 2011 12:21am
mmm, break could get us to around 1.35 (MPP) me think, staying on sideline, in this thin market anything can happen

USDOLLAR H4:
Attached Image (click to enlarge)
Click to Enlarge Name: Picture0313.jpg Size: 92 KB
Don't be a hero. Don't have an ego. Always question yourself
  • #41,714
  • Dec 21, 2011 12:26am Dec 21, 2011 12:26am
Quoting fxjawn
nice bro nice...yea im still using oanda so i cant close partails...ill be moving my shit to the uk account soon though... i just wanted to open that account with profits
Really? I swear I used to with them. Maybe I was just placing smaller positions the opposite way...aka hedging...which you can't do either, right?

Oh man...you're going to love getting that UK account up and running!
  • #41,715
  • Dec 21, 2011 12:29am Dec 21, 2011 12:29am
Quoting USD-Bear
mmm, break could get us to around 1.35 (MPP) me think, staying on sideline, in this thin market anything can happen

USDOLLAR H4:
Attachment


Now that would be a movement in line with your name, mate!
  • #41,716
  • Dec 21, 2011 12:30am Dec 21, 2011 12:30am
Quoting kenfen69
Really? I swear I used to with them. Maybe I was just placing smaller positions the opposite way...aka hedging...which you can't do either, right?

Oh man...you're going to love getting that UK account up and running!
i know man i have it open i just have to fund her

on oanda i can just enter muliple positions but then you have to close em 1st in 1st out its just a pain in the ass to scale in and out

still holding my aussie long lol

up about 60 pips so far
  • #41,717
  • Dec 21, 2011 12:40am Dec 21, 2011 12:40am
Quoting fxjawn
still holding my aussie long lol

up about 60 pips so far
She was flying there...so was NZD. I actually through in a quick short on NZDUSD after that spike up on AUDNZD. Still holding it...will risk the highs plus a few.

Quoting fxjawn
i know man i have it open i just have to fund her

on oanda i can just enter muliple positions but then you have to close em 1st in 1st out its just a pain in the ass to scale in and out
Yeah...I have absolutely ZERO experience with those rules. I've never even tried to emulate it, because...why the fak would I...it seems awful! I don't really care about hedging...rarely do it...but scaling in and out? I'd be screwed without that! Often my first one in is the LAST one out! Bastards!

You'll feel like you've been playing pong on an Atari...and now you just got a Colecovision (sp?)!
  • #41,718
  • Dec 21, 2011 12:43am Dec 21, 2011 12:43am
Quoting kenfen69


Now that would be a movement in line with your name, mate!
Hi ken,
sometime it has to happen
Planned to reconfirm my name at 1.28x though, both (1.35 and 1.28x) are feasible imho, best to wait until medio January, but somehow I feel I won't be able
Don't be a hero. Don't have an ego. Always question yourself
  • #41,719
  • Dec 21, 2011 12:46am Dec 21, 2011 12:46am
Look what their doing to chocolate...bastards! +5.6%!

Attached Image (click to enlarge)
Click to Enlarge Name: 201211.PNG Size: 48 KB


Aussie leading the way...NZD right behind.

Look at the pigs, cattle and USD hanging out at the bottom!
  • #41,720
  • Dec 21, 2011 12:47am Dec 21, 2011 12:47am
Quoting kenfen69
Look what their doing to chocolate...bastards! +5.6%!

Attachment

Aussie leading the way...NZD right behind.

Look at the pigs, cattle and USD hanging out at the bottom!
are you trading commodities (my bread and butter) ken?
Don't be a hero. Don't have an ego. Always question yourself
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