{quote} now +10. my reason for 100 pips SL shows here.
it will be interesting how it is going by end of May as a starting point
{quote} very good move opening long term account
{quote} Good morning, how is the weather down there? Ok, the idea is based looking at the monthly, prices reached the DTL, I went short, risking 100 pip (10%), she went against me 50 pips or so but I am back, anything can happen at the line, can break, bounce and so on……Now I have another sell stop order 50 pips below my first entry with a 100 pips SL (10%). Every 50 pips I will add another trade, once a trade gains 100 pips, I will move my SL to BE, once gained 200 pips my SL will be moved to +100 and so on.. I will add till prices get to the UTL,...
{quote} CPI was negative as you yourself posted.While Draghi is worried about low inflation -.2 CPI actually confirms it.Overall negative for Euro As far as "fine currency"...25% unemployment in Spain same and more in Greece,Italy and pretty bad in France. Such fine currency {image}
{quote} Good morning, how is the weather down there? Ok, the idea is based looking at the monthly, prices reached the DTL, I went short, risking 100 pip (10%), she went against me 50 pips or so but I am back, anything can happen at the line, can break, bounce and so on……Now I have another sell stop order 50 pips below my first entry with a 100 pips SL (10%). Every 50 pips I will add another trade, once a trade gains 100 pips, I will move my SL to BE, once gained 200 pips my SL will be moved to +100 and so on.. I will add till prices get to the UTL,...
I cant wait
{quote} just read your 1st comment, been raining forever, but sunny today, must know May is around the corner because May is "BEAR" time for all ladies excpet swissy
{quote}..... I would suggest just using the sell rallies method, everytime there is a rally and you think it is exhausting, enter and partial some of the anchor to cover risk (not 100pips) I would expect 23-31ish should suffice, that way you are increasing you overall lot size with minimal risk to account, your real reward will only really show over time, if you have negative swap, again you need to tap the anchor to keep negating this, long term trading is not easy with all the recalculations etc but you dont have to be stuck staring at non moving...
{quote} Sunny as in Auckland :-) Your talk of fishing got me thinking - hey there's no wind today.....might head out and hope my long term positions long AUDNZD continue to go North!
monthly aussie and kiwi both looking plump for picking, aussie if closed right now has a pretty nice doji and kiwi well kiwi is just to fuken high any way tomorrow is may and since 2008 May is a sell of the only real bullish may was 2009 and that could be pretty expected considering the 2008 fiasco
{quote} tough call anz they au$ and nzd both south bound
{quote} You are describing what I am doing. lol
maybe earlier why rush, still thinking other prs looking safer like cable and geppy they are really compressing so decision cant be far away, geppy north to help crash aussie and kiwi, but cable she can crash I dont mind patience patience patience
{quote} that guy may be talking about AUD/NZD. If kiwi drops more than aussie, then AUD/NZD goes north.
{quote} yes good, a trader with no log is not a trader for long
{quote} I should make it clear I am watching monthly charts not little wee ones, geppy and cable could quite easily pop north to take out weak shorts before dumping, but the dump should be extremely violent cable 7041 and geppy 178 40, are big fences so i will be build into them if the both pop,
{quote} yeah but do the maths, if the both drop the same she goes nowhere same for rally, so while watching two economies and your pr doing nothing when individually they are moving against other currencies, I prefer one I am watching moving
{quote} Will history repeat itself? I hold reasonable size of cable shorts and will add on rallies. Do not think it will pass 1.71, because BOE and British government would be stupid to allow that happen (for people to target 1.8, 1.9 and 2.0?) {image}
same as other ladies May has been all bear candles except 2009 ironically whether at top of range or bottom been still sell offs 
{quote} Thanks for sharing.. However in this istance TA is only taken in consideration for initial "in" and final "out". What is a rally and when I think is exhausting it is more than a matter of perception and for this style of trading perception are not taking in consideration. As you could see, as soon I entered my first trade, the trade when 50 pips under or more, with a SL of 30pip, I would be already under pressure, the idea is to give the trade space….
