Attachments: Two Tube Trading

Two Tube Trading

#1,281
Edited 6:05pm Apr 24, 2012 1:56pm | Edited 6:05pm

Forexcube
Joined Nov 2009 | Status: Trader | 27,245 Posts

Quoting dryclean

Disliked

Youw wrote
it is 5 x 0.1 lot at the time.

Do you place 5 .01 lot ALL at market or PO

or as I asked(scale in) 1 of 5 .01 at market then 2 of 5 .01 a PO market +2pips
3 of 5 a PO at market + 4 pips 4 of 5 .01 a PO at market + 6 pips ect ect

Hope that clears up my ???

Ignored

See this example #1278, please.
Long @ 1.3192 (5/10), Target @ 1.3241 (DR2)
Short @ 1.3200 (5/10), Target @ 1.3080 (mS2)
At 1.3192 I've taken 5 x 0.1 Lot Orders Long.
Everybody could added +2 pips and set the next Long Order at 1.3194 or at -2 at 1.3190...and so on.
...and at 1.3200 there will be executed 5 x 0.1 Lot orders Short.
Everybody could subtract -2 pips and set the next Short Order at 1.3198 or +2 at 1.3202...and so on.

..and see #1282, please.
PO Short 1.3243 (DR3) (5/10), Target @ 1.3080 (mS2)
When the market price has reached 1.3243 then a Short Order will be triggered at 1.3243.
Everybody could subtract -2 Pips and set his next Short order at 1.3241 or add +2 at 1.3245...and so on.
FXcube

#1,282
Apr 24, 2012 2:00pm Apr 24, 2012 2:00pm

Forexcube
Joined Nov 2009 | Status: Trader | 27,245 Posts

EURUSD, H4, 2012 April 24

PO Short 1.3243 (DR3) (5/10), Target @ 1.3080 (mS2)

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#1,283
Apr 24, 2012 2:40pm Apr 24, 2012 2:40pm

Forexcube
Joined Nov 2009 | Status: Trader | 27,245 Posts

USDCHF, H1, 2012 April 24

Long @ 0.9113 (5/10), Target @ 1.9171 (DR1)

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#1,284
Edited 6:24pm Apr 24, 2012 5:54pm | Edited 6:24pm

Forexcube
Joined Nov 2009 | Status: Trader | 27,245 Posts

EURUSD, H4/Daily, 2012 April 25

PO Short @ 1.3260 (1.3266 mR3) (3/10), Target @ 1.3127 (mS1)

#1,285
Edited 6:23pm Apr 24, 2012 5:56pm | Edited 6:23pm

Forexcube
Joined Nov 2009 | Status: Trader | 27,245 Posts

EURUSD, Daily, 2012 April 25

Short 1.3200 (3/10), Target @ 1.3150 (DP)

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#1,286
Apr 24, 2012 6:23pm Apr 24, 2012 6:23pm

arbinka
Joined Aug 2010 | Status: Trader | 216 Posts

Quoting Forexcube

Disliked

At 1.3192 I've taken 5 x 0.1 Lot Orders Long.

Ignored

Please explain why you prefer to split a market order of 0.5 lot into 5 orders of 0.1 lot? What is the logic behind this trading style? Thank you.

#1,287
Edited 8:00pm Apr 24, 2012 6:46pm | Edited 8:00pm

Forexcube
Joined Nov 2009 | Status: Trader | 27,245 Posts

Quoting arbinka

Disliked

Please explain why you prefer to split a market order of 0.5 lot into 5 orders of 0.1 lot? What is the logic behind this trading style? Thank you.

Ignored

Hello arbinka!
It's for me more practicable. I can trade with different entry- & exit points, at different time levels and even so when I change my mind over the market. Moreover when the orders are running in the red I could manage it better with LOM.
See also the example #1288, please.
FXcube

#1,288
Apr 24, 2012 7:58pm Apr 24, 2012 7:58pm