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  • #844,201
  • Oct 15, 2013 4:17pm Oct 15, 2013 4:17pm
Quoting Mr.MaginCole
{quote} How do I do that on MT4?? Say for example I was long at 3480 and my size is 0.2 Lot. Now this is one position okay? Now say we hit 3530 and i feel like closing 0.1 and letting another 0.1 run. This is why I some times prefer to open TWO positions of 0.1 each to make a 0.2 total. One other scenario where I prefer to enter a position in many smaller positions instead of one larger one I also do this when my overall sentiment is long but I am stuck between deciding whether to go long at 3480 or wait for 3460 only for it to reverse to 3530 after...

On my mt4 when I choose to close a position, I can adjust the size. I just change .2 lots to .1 in the close trade dialog before clicking the close button.
  • #844,202
  • Oct 15, 2013 4:19pm Oct 15, 2013 4:19pm
Quoting SerpentDove
{quote} On my mt4 when I choose to close a position, I can adjust the size. I just change .2 lots to .1 in the close trade dialog before clicking the close button.

It's the same on all MT4
A good trader follows his rules, but great trader knows when to break them
  • #844,203
  • Oct 15, 2013 4:21pm Oct 15, 2013 4:21pm
Quoting ill_be_back
{quote} It's the same on all MT4

I figured as much, but didn't want to make it sound so.... DUH!
  • #844,204
  • Oct 15, 2013 4:25pm Oct 15, 2013 4:25pm
Quoting SerpentDove
{quote} I figured as much, but didn't want to make it sound so.... DUH!
Mine cannot....
  • #844,205
  • Oct 15, 2013 4:26pm Oct 15, 2013 4:26pm
Quoting Mr.MaginCole
{quote} Mine cannot....

always the exception to the rule.
  • #844,206
  • Oct 15, 2013 4:29pm Oct 15, 2013 4:29pm
Well, my trading platform is closed and it's gonna stay that way until I've had a good nights sleep. Granted not everyone is in the same time zone, but I strongly suggest only approaching the market with a fresh mind.
  • #844,207
  • Oct 15, 2013 4:30pm Oct 15, 2013 4:30pm
Quoting okanemici
{quote} {quote} It is far from being a safe long , let me tell you ! To me audnzd is only a sell stop 1.1315.That is the only safe and probable trade for the time being. For a long a lot of things has to happen, long vehicles need time to make a U turn ! ; 1-Attack above 1.1385 ( which I wouldn't take ) 2-Pullback to 1.1385 and holding there !!! {image}

You're quite right, but September and October have been good and I fancied a "punt" at this one. Entry might be early, but I can carry it for a while
  • #844,208
  • Oct 15, 2013 4:33pm Oct 15, 2013 4:33pm
Quoting Mr.MaginCole
{quote} Mine cannot....
??

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 79 KB
  • #844,209
  • Oct 15, 2013 4:36pm Oct 15, 2013 4:36pm
Quoting Uglybug
{quote} You're quite right, but September and October have been good and I fancied a "punt" at this one. Entry might be early, but I can carry it for a while
If it sees 1.12 in 3 days can you carry it ? I bet you can't.It would make you sick.Take my advise and look for shorts only !
From here I can see that 22.08.2013-05.09.2013 price rise was fake ! When I look at it again today I see that this pair is only safe to short !
  • #844,210
  • Oct 15, 2013 4:42pm Oct 15, 2013 4:42pm
I am long in Gold.. For me this at this time that will be safer. Anyone longed Gold?
  • #844,211
  • Oct 15, 2013 4:45pm Oct 15, 2013 4:45pm
yep me2
  • #844,212
  • Oct 15, 2013 4:48pm Oct 15, 2013 4:48pm
kiwi on the move
Quant Hedge Fund CEO
  • #844,213
  • Oct 15, 2013 4:50pm Oct 15, 2013 4:50pm
Quoting Uglybug
{quote} You're quite right, but September and October have been good and I fancied a "punt" at this one. Entry might be early, but I can carry it for a while
Quoting okanemici
{quote} Hi Kickass, Audnzd is a sell stop 1.13 and buy stop 1.14 , it can go either way but for now it is still showing the south only below 1.13 !
Here is my view back in last week.Kickass asked for someones view and I replied "I see it a long only above 1.14" , as you see it got rejected from 1.14 and dropped sharply .And %99 it will fall down sharply from here too !
As we speak it is down 30 pips !!!
  • #844,214
  • Oct 15, 2013 4:54pm Oct 15, 2013 4:54pm
Quoting Ken A
{quote} ?? {image}
We talking about WHEN CLOSING an already open position ............ not for entries position.
  • #844,215
  • Oct 15, 2013 4:57pm Oct 15, 2013 4:57pm
Quoting Mr.MaginCole
{quote} We talking about WHEN CLOSING an already open position ............ not for entries position.
https://encrypted-tbn1.gstatic.com/i...csbi87yTdTvMHAhttps://encrypted-tbn1.gstatic.com/i...HjjKAy4PAZvjNmhttps://encrypted-tbn1.gstatic.com/i...-Qp9ooXsDMFAUg
  • #844,216
  • Oct 15, 2013 4:57pm Oct 15, 2013 4:57pm
Quoting okanemici
{quote} If it sees 1.12 in 3 days can you carry it ? I bet you can't.It would make you sick.Take my advise and look for shorts only ! From here I can see that 22.08.2013-05.09.2013 price rise was fake ! When I look at it again today I see that this pair is only safe to short !

I appreciate your comments. I'm looking at any possible correlations with other AUS and NZD pairs.
As a safeguard I also took a cheeky short (belts and braces time!!)

Cheers!
  • #844,217
  • Oct 15, 2013 5:02pm Oct 15, 2013 5:02pm
Quoting Mr.MaginCole
{quote} We talking about WHEN CLOSING an already open position ............ not for entries position.
You gotta be kidding my donkey balls.

...and the award for the most retarded comment goes to...
Quant Hedge Fund CEO
  • #844,218
  • Oct 15, 2013 5:06pm Oct 15, 2013 5:06pm
Quoting Uglybug
{quote} I appreciate your comments. I'm looking at any possible correlations with other AUS and NZD pairs. As a safeguard I also took a cheeky short (belts and braces time!!) Cheers!

I tried to catch that correlations before but I saw that looking to GBPAUD GBPNZD or eur usd versions don't help to give a clear idea to show way in audnzd.
Looking at eurusd and euraud gives an idea about eur weakness or strenght but looking to audusd and nzdusd don't give true results to get aud or nzd is weaker.Because of aud and nzd being highly correlated with each others , you need to primarily trade its chart.That is my humble opinion about aud nzd correlations.
  • #844,219
  • Oct 15, 2013 5:09pm Oct 15, 2013 5:09pm
Quoting okanemici
{quote} I tried to catch that correlations before but I saw that looking to GBPAUD GBPNZD or eur usd versions don't help to give a clear idea to show way in audnzd. Looking at eurusd and euraud gives an idea about eur weakness or strenght but looking to audusd and nzdusd don't give true results to get aud or nzd is weaker.Because of aud and nzd being highly correlated with each others , you need to primarily trade its chart.That is my humble opinion about aud nzd correlations.
For AUD/NZD, just watch AUD/USD and NZD/USD
  • #844,220
  • Oct 15, 2013 5:12pm Oct 15, 2013 5:12pm
Quoting Mr.MaginCole
{quote} We talking about WHEN CLOSING an already open position ............ not for entries position.
Ok Let me TRY to Explain

U click on ur open position, then it will be highlited, Rite click on it a box will open up click on close order another window will open like Ken A showed u, click on the down arrow next to volume select the amount u want to close, (if ur original order is 10 lots & u want to close half select 5) click close
A good trader follows his rules, but great trader knows when to break them
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