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  • #781,741
  • Apr 3, 2013 8:39am Apr 3, 2013 8:39am
Quoting EuroTraderJD:
short @ 36

Quoting JackintheBox
Mistake, uhh ? Guess you will be stopped out on SL 10 or 20 pips or sth. cheers
Ummpff..well this took long. Order structure today sucks.

@EuroTraderJD: you said you pyramid. Only up or also down ? Up for me is to much in and out, how do you handle this ?
PM me ? i have different Posimanagement, would be nice to hear your from you and to exchange management strategies

cheers Jack
  • #781,742
  • Apr 3, 2013 8:43am Apr 3, 2013 8:43am
The H4 flat bottom Kumo's a stubborn bastard...every time GU hits that level it bounced off. FYI, it just broke through a minute ago...possible long opportunity. I'm using a tight SL though
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  • #781,743
  • Apr 3, 2013 8:43am Apr 3, 2013 8:43am
Quoting 4exNinja
I think the down move will be capped at 20 unless news gets it moving more.
See what happens when I step away. Now OTM on the short and ITM on the long. Its still all good
Trade smaller than rational because the market is irrational...
  • #781,744
  • Apr 3, 2013 8:45am Apr 3, 2013 8:45am
All I know is something is happening behind the scenes and I am clueless.
"You're solid gold, see you in hell"
  • #781,745
  • Apr 3, 2013 8:46am Apr 3, 2013 8:46am
Quoting EuroTraderJD:
short @ 36

Quoting JackintheBox:
Mistake, uhh ? Guess you will be stopped out on SL 10 or 20 pips or sth. cheers

Sorry brother JIB no mistake. I dont use SL for this reason and havent since 10/15/2011. Watching my account equity grow everyday as Ms Market zigs and zags on the charts making my positions go in the green at one point or another.

ITM now on my long which if I had a SL would be a loser.

MM in a pyramid formation both long and short is key
Trade smaller than rational because the market is irrational...
  • #781,746
  • Apr 3, 2013 8:46am Apr 3, 2013 8:46am
Quoting 21vs7
5122 is my first pick..hope to get even higher for that matter, to make it clearer..
saying aroundish hello to cable
  • #781,747
  • Apr 3, 2013 8:46am Apr 3, 2013 8:46am
Quoting EuroTraderJD
See what happens when I step away. Now OTM on the short and ITM on the long. Its still all good
Using your strategy...aren't you significantly limiting your upside potential?
  • #781,748
  • Apr 3, 2013 8:48am Apr 3, 2013 8:48am
Further losses are on the cards following yday's rejection from 1.2878. Day trend indicators are in the process of rolling over again, albeit from neutral levels. A return to last week's lows by 1.2750 is possible. Sold into the corrective rally intraday targeting the lower Bollinger. (AH)
Trade smaller than rational because the market is irrational...
  • #781,749
  • Apr 3, 2013 8:52am Apr 3, 2013 8:52am
Anyone playing a possible retracement to the 38.2 fib at 1.3070? Long EU 1.2847, 50 pip sl, tp 1.3070.
  • #781,750
  • Apr 3, 2013 8:58am Apr 3, 2013 8:58am
Quoting $teve
Anyone playing a possible retracement to the 38.2 fib at 1.3070? Long EU 1.2847, 50 pip sl, tp 1.3070.
I've got a mid-term trade from 27620 that miraculously survived and is on BE+10, but my target is 29800
  • #781,751
  • Apr 3, 2013 8:59am Apr 3, 2013 8:59am
Quoting doggette
I'm gonna go snooze again. Laters.
dream about Ken....
  • #781,752
  • Apr 3, 2013 8:59am Apr 3, 2013 8:59am
Quoting attila
There's nothing wrong with the pair.. going down while moving up... https://www.tradingview.com/x/stnR5Jot/
going down while moving up. good explaination atilla. please tell me if u want to short
Everything in the world has its own rhytms
  • #781,753
  • Apr 3, 2013 9:03am Apr 3, 2013 9:03am
Quoting COopa
going down while moving up. good explaination atilla. please tell me if u want to short
I WANT TO SHORT
  • #781,754
  • Apr 3, 2013 9:03am Apr 3, 2013 9:03am
Quoting SnaveForex
dream about Ken....
Already done As I understand there's some kind of a bet going on between a few boys here.

Lower ISM, lowest since August apparently.
  • #781,755
  • Apr 3, 2013 9:03am Apr 3, 2013 9:03am
Quoting 4exNinja
Using your strategy...aren't you significantly limiting your upside potential?
No I am a software engineer and database admin so I wrote a program that gives me my positions sizes. I calibrated it using a wide range 1.20 -1.40 based on the monthly chart. The sofware also alerts me to Price Saturation where too much size at a place on the chart thereby spacing the positions out. If you do the math you will never have a MC if you size accordingly in a dual inverse pyramid formation.

Since I am hyper-scalping long and short I am constantly making pips. by hyper trading I can use smaller size and limit my exposure and therofore my risk.

I use indos primary the 5 & 15 SMA on the 10M chart with confirmation.

Do I have DD of course. I would rather have that than a certain loss which is what I had using SL. Very frustating going over the same chart area not making much if anything only to be vindicated if I would have stayed in.

My approach isnt for everyone but works for me. PA is always uncertain so I designed my trading around MM which is certain.
Trade smaller than rational because the market is irrational...
  • #781,756
  • Apr 3, 2013 9:03am Apr 3, 2013 9:03am
Quoting math_GB
Short EJ @119.72
nice entry, let's hope we see S1
  • #781,757
  • Apr 3, 2013 9:03am Apr 3, 2013 9:03am
eu targeting 75 most probably. it may touch 2900. lower than expected again. friday NFP may boost euro again then
Everything in the world has its own rhytms
  • #781,758
  • Apr 3, 2013 9:05am Apr 3, 2013 9:05am
Damn H4 kumo cloud for GBPUSD is a massive pain...it finally broke through the flat bottom, just to end up stuck a few pips above at the flat top. Comon' Mr Bean, start running towards the 1.52 you want to retest
  • #781,759
  • Apr 3, 2013 9:05am Apr 3, 2013 9:05am
Quoting sh5467
nice entry, let's hope we see S1
UJ has made to the first S, EJ not yet, if EU starts dropping from here, I will aim for S2 but am really not sure...
  • #781,760
  • Apr 3, 2013 9:05am Apr 3, 2013 9:05am
Quoting COopa
going down while moving up. good explaination atilla. please tell me if u want to short
nope.not here anyway..
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