Blind Flight
Only for testing purposes
Sometimes I have half-baked, poorly conceived, unripe, immature trading ideas which seems to be worth to rumble on. Blind Flight - for the limited purpose to enter unknown territory - exclusively at higher time frames (H4/Daily/Weekly/Monthly) - could skim across the counterpart direction (-500/-1000 pips) and has to be managed with 1/10 orders, putting additively more in the market when going in the counterpart direction and has to be managed with LOM (Loss Order Management). It's more Swing Trading under indefinite conditions. Blind Flight Orders should be oversee into an extra Account with the willingness (not the ability) to serve the trade. When the currency market seems unstable ("completely unpredictable") for me I like to test it out in the expectation to collect further information about some dynamical aspects of the Forex Market and the speculation about some topics of "trading under uncertainty", indeterminacy...vagueness...or so.
Equally applicable
Orders could be transacted by the same token in expectation of loss.
EURUSD BF* PO Short @ 1.3110 (mR1), Target @ 1.2985 (1.2980 DS1) (1/10)
EURUSD BF* PO Short @ 1.3170 (DR1), Target @ ~1.2690 (2010.08.15/2010.05.02/2012.01.08) (1/10)
Label
BF* = Blind Fight
Only for testing purposes
Sometimes I have half-baked, poorly conceived, unripe, immature trading ideas which seems to be worth to rumble on. Blind Flight - for the limited purpose to enter unknown territory - exclusively at higher time frames (H4/Daily/Weekly/Monthly) - could skim across the counterpart direction (-500/-1000 pips) and has to be managed with 1/10 orders, putting additively more in the market when going in the counterpart direction and has to be managed with LOM (Loss Order Management). It's more Swing Trading under indefinite conditions. Blind Flight Orders should be oversee into an extra Account with the willingness (not the ability) to serve the trade. When the currency market seems unstable ("completely unpredictable") for me I like to test it out in the expectation to collect further information about some dynamical aspects of the Forex Market and the speculation about some topics of "trading under uncertainty", indeterminacy...vagueness...or so.
Equally applicable
Orders could be transacted by the same token in expectation of loss.
EURUSD BF* PO Short @ 1.3110 (mR1), Target @ 1.2985 (1.2980 DS1) (1/10)
EURUSD BF* PO Short @ 1.3170 (DR1), Target @ ~1.2690 (2010.08.15/2010.05.02/2012.01.08) (1/10)
Label
BF* = Blind Fight
