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  • #1,301
  • Sep 22, 2016 1:08am Sep 22, 2016 1:08am
Quoting Alpha8
{quote} I'm always looking for more
Dang, i lost track of time. Its not weekend yet, ask my friend and its said friday is here. Nope ahahahah. This is why you shoupd not quit your job, its boring. Anyway, just found bug in my algo. The second position sl too far, this affect lot sizing as sl included in the function as independent variable.
  • #1,302
  • Sep 22, 2016 1:15am Sep 22, 2016 1:15am
Quoting Passerby
{quote} Nope, its dont include hedging. Every trade was independent trade, opposite trade happened naturally on certain conditions.
Quoting Passerby
{quote} Dang, i lost track of time. Its not weekend yet, ask my friend and its said friday is here. Nope ahahahah.
LOL, I think you need to get some rest, not only you lose track of time, you're losing track on FF posts too. BTW, I'm referring to theboy about the hedging stuff.
  • #1,303
  • Sep 22, 2016 1:26am Sep 22, 2016 1:26am
Quoting Alpha8
{quote} {quote} LOL, I think you need to get some rest, not only you lose track of time, you're losing track on FF posts too. BTW, I'm referring to theboy about the hedging stuff.
You might be right, been crunching numbers too long. This getting scary, its indirectly affecting my tp, it should be @1335.38 which already reached earlier. I should got this fixed asap. The good thing is this one running on test account.
  • #1,304
  • Sep 22, 2016 2:13am Sep 22, 2016 2:13am
Quoting benaiah
{quote} oh, wait. You already have a live TE. Can you attach to your signature, and change the name to "1 year profitable"? Or something other than "Demo", lol because at first glance I didn't know it was a live account. This way, we know you are part of the group...
Yeah my bad hehe, I didnīt realize it till just now.
  • #1,305
  • Sep 22, 2016 9:52am Sep 22, 2016 9:52am
Quoting Passerby
{quote} I dont know why you close your audanz trade, but i think when the current levels reached it has a good chanche to open up for more. Its the previous bullish move base. {image} Most likely, price will enter that area. Even if its ends in rejection, i think you ll still have time to unload(prolly on better price).
I felt I had too many trades and too many positions heading into FOMC. So, I let go as much as possible and just focused on Gold, to make sure I had enough leverage room for any swings. I know I left some on the table with several trades past few days, but I've lost so much over past few weeks, so trying to focus only on what I'm comfortable with. If I get uncomfortable, I cut losses...
  • #1,306
  • Sep 22, 2016 10:06am Sep 22, 2016 10:06am
Hey, I was wondering if you guys have any money management tips other than just risk.

As my account grows or I add to it, I have a hard time increasing trade sizes the right amount. In addition to getting use to bigger swings.
Anyways not keeping the right amount of capital in use affects the overall return.

Ideas, or how you guys handles it?

THX!
  • #1,307
  • Sep 22, 2016 10:07am Sep 22, 2016 10:07am
Looks like a buy around 73
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD.png Size: 108 KB
  • #1,308
  • Sep 22, 2016 10:13am Sep 22, 2016 10:13am
Quoting benaiah
Looks like a buy around 73 {image}
for me, i think it's gonna break the Ascending channel and going down
  • #1,309
  • Sep 22, 2016 10:28am Sep 22, 2016 10:28am
Quoting 90strader
{quote} for me, i think it's gonna break the Ascending channel and going down
nobody knows what it will do, lol

The market will decide. But if you have a reason for a bearish view, maybe post a chart or something explaining it?
  • #1,310
  • Sep 22, 2016 10:35am Sep 22, 2016 10:35am
Quoting benaiah
Looks like a buy around 73 {image}
Yes, a good time to start or add by my chart. I'm in right now. I've been in and out a couple times.

Of course you never know, but I like being long this pair for the carry.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2016-09-22 at 10.35.45 AM.png Size: 138 KB
  • #1,311
  • Sep 22, 2016 10:37am Sep 22, 2016 10:37am
Quoting 90strader
{quote} for me, i think it's gonna break the Ascending channel and going down
very possible. Massive NZD sell off in progress
  • #1,312
  • Sep 22, 2016 10:42am Sep 22, 2016 10:42am
Quoting Koop
{quote} very possible. Massive NZD sell off in progress
Seriously? You cal this a "massive selloff"? How is it any different than any other pull back since it's been going up from 9/13?
  • #1,313
  • Sep 22, 2016 10:42am Sep 22, 2016 10:42am
if NZDCAD closes below 0.95679, it may continue the down move....
  • #1,314
  • Sep 22, 2016 10:45am Sep 22, 2016 10:45am
Quoting benaiah
{quote} Seriously? You cal this a "massive selloff"? How is it any different than any other pull back since it's been going up from 9/13?
NZD appears to be at some kind of ceiling on almost all its pairs...

NZDCAD at weekly resistance,
GBPNZD has bottomed out and is moving up.....


Especially for NZDCAD... this may be more than just a retracement..... NZD is greatly over valued.... besides, no trendline holds forever... it has to break at some time... all we can do is watch and see
  • #1,315
  • Sep 22, 2016 10:48am Sep 22, 2016 10:48am
Quoting Koop
{quote} NZD appears to be at some kind of ceiling on almost all its pairs... NZDCAD at weekly resistance, GBPNZD has bottomed out and is moving up..... Especially for NZDCAD... this may be more than just a retracement..... NZD is greatly over valued.... besides, no trendline holds forever... it has to break at some time... all we can do is watch and see
Yea, I agree, as I said nobody knows what price will do. My main reason for responding to "bearish" comments on this, is because no-one really indicated why they had that view.

You explained some things in the post, though. So, thanks.

Regarding trend lines, though, I rarely put much faith in them. But with NZDUSD, I see a lot of support at 73 (more clear on daily chart). I doubt it falls below it. But again, who knows? We'll see...
  • #1,316
  • Sep 22, 2016 11:06am Sep 22, 2016 11:06am
Quoting benaiah
{quote} nobody knows what it will do, lol The market will decide. But if you have a reason for a bearish view, maybe post a chart or something explaining it?
i didn't follow this pair before but i have this view based on a few assumptions
1. Stronger USD in short term
2. looks like Divergence with RSI in H1
3. SMA 10 gonna break SMA 20 in D1
4. (it's quite subjective) i think the profit/risk is greater whenever the trend is broken than the trend continues

  • #1,317
  • Sep 22, 2016 11:06am Sep 22, 2016 11:06am
Quoting Salvo
{quote} Yes, a good time to start or add by my chart. I'm in right now. I've been in and out a couple times. Of course you never know, but I like being long this pair for the carry. {image}
I'm glad I broke up my buy into multiple orders as it retraced towards 73. Missed my original entry at .7305 by half a pip, I think, lol

Let's see if we can get some follow through...
  • #1,318
  • Sep 22, 2016 11:07am Sep 22, 2016 11:07am
Quoting benaiah
Looks like a buy around 73 {image}
Careful, its right in the middle of prev selling area. I found a point of interest @around 0.7260. For gold, i drew this earlier when it passed 35 with momentum:
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20160922_230552.jpg Size: 286 KB

I might be wrong.
  • #1,319
  • Sep 22, 2016 11:17am Sep 22, 2016 11:17am
Quoting Passerby
{quote} Careful, its right in the middle of prev selling area. I found a point of interest @around 0.7260. For gold, i drew this earlier when it passed 35 with momentum: {image} I might be wrong.
thanks for the view...

for me I'm basing my view mainly off of daily chart. Seems that level #2 from bottom was broken toward upside on this move up, and now a pull-back test to it. Look for a test of 74ish level now.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD.png Size: 96 KB
  • #1,320
  • Sep 22, 2016 11:51am Sep 22, 2016 11:51am
In my opinion, from the look of the daily and H4 chart, any future up move on NZDUSD does not look like it will be sustainable. The bearish flag pattern on the H4 chart and the slow upward grind (which may eventually form a clear LH) on the Daily just screams to me that NZDUSD is on the brink of a major downward reversal. All we need is a strong fundamental force or conviction in market sentiment......
lol In all honesty, i want NZD to drop.....

But in the mean time, the safest best is to just play in between that H4 channel
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