- Joined Sep 2015 | Status: ob-la-di, ob-la-da, life goes on... | 4,008 Posts
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
I can predict moves but then I forget how. Why? 20 replies
iCustom Value with another value ? 8 replies
How to get an MA value of first indicators value? 2 replies
Could RSI value show most update value on eur/usd chart? 6 replies
Disliked{quote} I never close a loosing trade! as that is down to your perspective on time and fear, for me its a opportunity to make money, I was forced to double up on EU which took me into a small profit overall. On the other side As mentioned I bought UJ Weekly PP which went into loss then bought daily CPR now at 102.50 current price I am twice the size as the current price of the loss. AS PP UJ Trade is now + 21 pips and CPR trade is now + 90 pips up. If I took a direct hedge i.e short on UJ and Long. That just locks you in. I only hedge direct hedge...Ignored
Disliked{quote} Hi Dennis I have no experience of hedging in anyway shape or form, so with the usd/jpy going your way again how do you handle the trade nowIgnored
Disliked{quote} Simple answer to a Complicated question. Basically ? Do nothing let the market work for you, however there was some twigging nothing to Complexed. Remember I bought EU Doubled up size over UJ a few days back which due to its Volatility and to save my butt, wiped out the running loss on UJ longs. Correlation Hedge/LONG EU LONG UJ At the CPR today I bought UJ back and closed EU longs at the CPR 1.28 Massive profits always when at risk.......Now no need to fiddle let the market do its thingIgnored
Disliked{quote} Thanks Dennis, looks like something else I need to get my head round, just hope I do not have to go there very often.Ignored
DislikedHello, Slowly getting in to this. Bagged 70 on gbpjpy just now but had to survive a 2 pip scare on the stop loss below the bc but worked nicely. Missed usdcad that looked perfect. Home work this weekend! cheers dabsIgnored
Disliked{quote} Now some traders will being buying the fade back to R1 daily to try and break the 103 Handle push throughIgnored
DislikedThanks Dennis by your answers and for trying to enlightenment me and us. Trying a something i figured out, and i think your lessons can help me to define the boundaries for the trades... Yesterday i booked 256 pips and today 295 pips on EU... minus cost of trading. Done for today... JLIgnored
DislikedGood Stuff for the weekend: Trader Stuff https://www.youtube.com/watch?v=ed2FWNWwE3I https://www.youtube.com/watch?v=JYTyluv4Gws https://www.youtube.com/watch?v=cxSZzTYpZAgIgnored
DislikedMorning, GBPJPY hit the trend channel and reversed, UJ hitting pivot at same time and gu dropped down through the IB, = take profits. I was looking for R3 but you dont get everything you wish for on the day you wish for it lol. Interesting for Monday, gu is closing in on weekly pivot, while gj and uj are in hv mode so should gu hit the weekly and uj be in position to rise then gj should take off, could start asia time. Im looking at a few charts here and noticing the weekly pivot popping up, that makes me think Monday will be a DD day. cheers dabs...Ignored
DislikedThanks for your response Dennis. I was trying to create a trader profile using QnA format to see if it aligns with mine. Mine is way different. The post of Order flow was also a nice read.Ignored