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  • #854,441
  • Nov 19, 2013 1:55pm Nov 19, 2013 1:55pm
Quoting ffleo
{quote} that is not a sudden drop even if your prediction turns true. it is about 4 weeks.
if you look back at his posts, you can see Smeagol has been calling for a "sudden" drop in a lot of pairs, with his magic marker analysis every 100 pips since he created his account.
  • #854,442
  • Nov 19, 2013 1:55pm Nov 19, 2013 1:55pm
Any idea when ben bernanke will be speaking?
  • #854,443
  • Nov 19, 2013 1:59pm Nov 19, 2013 1:59pm
Quoting Beau168
Any idea when ben bernanke will be speaking?
Wednesday 01:00 AM (GMT+1)
  • #854,444
  • Nov 19, 2013 2:00pm Nov 19, 2013 2:00pm
Quoting DasPips
{quote} if you look back at his posts, you can see Smeagol has been calling for a "sudden" drop in a lot of pairs, with his magic marker analysis every 100 pips since he created his account.
I know about his calls very well. He can change call direction on the same day.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #854,445
  • Nov 19, 2013 2:05pm Nov 19, 2013 2:05pm
Quoting ffleo
{quote} I know about his calls very well. He can change call direction on the same day.
Maybe he's long and short like I am.
  • #854,446
  • Nov 19, 2013 2:11pm Nov 19, 2013 2:11pm
Quoting BeginnerJoe
{quote} Maybe he's long and short like I am.
why you have to long and short at the same time? cannot you just close part of existing positions?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #854,447
  • Nov 19, 2013 2:19pm Nov 19, 2013 2:19pm
How does one go long and short on the same pair?

If you are short and then buy long, doesn't that just close your short position?
  • #854,448
  • Nov 19, 2013 2:21pm Nov 19, 2013 2:21pm
Quoting Baggi
How does one go long and short on the same pair? If you are short and then buy long, doesn't that just close your short position?
they use two different accounts and call it hedging.

To me it is just the same as closing the position or part of the positions.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #854,449
  • Nov 19, 2013 2:26pm Nov 19, 2013 2:26pm
Quoting Baggi
How does one go long and short on the same pair? If you are short and then buy long, doesn't that just close your short position?
You can be short on weekly, long on daily and short a couple of times intraday if you want to.. Can be different trade sizes with different targets, s/l etc... Is that hedging? no idea.
  • #854,450
  • Nov 19, 2013 2:30pm Nov 19, 2013 2:30pm
Quoting attila
{quote} You can be short on weekly, long on daily and short a couple of times intraday if you want to.. Can be different trade sizes with different targets, s/l etc... Is that hedging? no idea.
Can you do it in the same account? If that has to be done in two different accounts, then the longs in one account consume leverage, and the shorts in another account consume leverage too.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #854,451
  • Nov 19, 2013 2:32pm Nov 19, 2013 2:32pm
Quoting ffleo
{quote} why you have to long and short at the same time? cannot you just close part of existing positions?
It's just my habit to cover all angles and directions. Imagine I was long and short in eur/usd today, I would have made a killing. Today I had short with some straggling longs. I didn't take on more to trade because I didn't like eur today.
  • #854,452
  • Nov 19, 2013 2:33pm Nov 19, 2013 2:33pm
Quoting BeginnerJoe
{quote} It's just my habit to cover all angles and directions. Imagine I was long and short in eur/usd today, I would have made a killing. Today I had short with some straggling longs. I didn't take on more to trade because I didn't like eur today.
i take it you think I am mathematically impaired, and you want to convince someone who can teach college math.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #854,453
  • Nov 19, 2013 2:33pm Nov 19, 2013 2:33pm
Quoting ffleo
{quote} Can you do it in the same account? If that has to be done in two different accounts, then the longs in one account consume leverage, and the shorts in another account consume leverage too.
On FXPro you can LONG/SHORT with synergized margin ;-)

<3 ECN
  • #854,454
  • Nov 19, 2013 2:33pm Nov 19, 2013 2:33pm
Quoting ffleo
{quote} Can you do it in the same account? If that has to be done in two different accounts, then the longs in one account consume leverage, and the shorts in another account consume leverage too.
I can do it in one account if I want to.
  • #854,455
  • Nov 19, 2013 2:34pm Nov 19, 2013 2:34pm
Quoting attila
{quote} I can do it in one account if I want to.
So the leverage will cancel?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #854,456
  • Nov 19, 2013 2:35pm Nov 19, 2013 2:35pm
Quoting ffleo
{quote} Can you do it in the same account? If that has to be done in two different accounts, then the longs in one account consume leverage, and the shorts in another account consume leverage too.
Not with US brokers. I understand that's against the rules. As for margin consumption, that's a minor inconvenience . The less money you have available to risk, the less money you will lose.
  • #854,457
  • Nov 19, 2013 2:35pm Nov 19, 2013 2:35pm
Quoting gstup
{quote} Wednesday 01:00 AM (GMT+1)

I have him speaking in 90 mins - @ 7PM EST.
I don't trust any move - when you have profit...take it.
  • #854,458
  • Nov 19, 2013 2:38pm Nov 19, 2013 2:38pm
Quoting ffleo
{quote} i take it you think I am mathematically impaired, and you want to convince someone who can teach college math.
Not sure where math comes in.
  • #854,459
  • Nov 19, 2013 2:40pm Nov 19, 2013 2:40pm
Quoting BeginnerJoe
{quote} Not sure where math comes in.
just close part of your existing positions. that is where math comes in. elementary math. not even college math.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #854,460
  • Nov 19, 2013 2:40pm Nov 19, 2013 2:40pm
Quoting kumaramy
{quote} If trader study the market then why it will be gambling for him?

if one avoids the definition of gambling, its not. so what other definitions in life, i can make fit my view? i should be king to make definitions fit.

http://en.wikipedia.org/wiki/Henry_VIII_of_England
those who can, do. those who cant, talk about those who can
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