Search results

Barry's presentation last month was not up to standard. He didn't give one. The only thing he seemed to talk about was the different grades of beer on the menu. If I am not mistaken, sumosam volunteered to do the March presentation on Adrienne Toghraie. If she is still planning on doing it...

No, this is exactly why the stratedgy does work imo. The goal is to take advantage of the difference between the range of movements betwen the currecny pairs However, there are certain periods of time when this strategy does work and you can make money on both sides of the trade when you...

The Eur/GBP only lost 7 pips b/c it barely moved in the last few days. Whereas there was lots of movement in the GBP/USD(moved 263 pips) and EUR/USD (moved 179 pips) -- so where is this correlation that was talked about? It was argued that EUR/GBP is the same as GBP/USD & EUR/USD but there...

Thurs March 6 --6:00pm GBP/USD - 2.0113 =neg 263 pips EUR/USD - 1.5394 = +179 pips total= neg 84 pips Still in the game --stop loss is 100 pips and EUR/GBP--.7652 = neg 7 pips. So for the previous posters, may you explain where is this correlation you were talking about. If...

Thurs March 6 -8:15am GBP/USD --2.0044 = neg 193 pips EUR/USD --1.5315 = +100 pips net = neg 93 pips and EUR/GBP -- .7641 = neg 18 pips

Wed march 5 --4:10pm GBP/USD =1.9915 = neg 65 pips EUR/USD = 1.5265 = +50 pips net = neg 15 pips and EUR/GBP = .7664 = +5 pips

Wed March 5, -7:10am GBP/USD = 1.9786 = +64pips EUR/USD = 1.5191 = neg 24 pips net = +40 pips EUR/GBP = .7676 = +17 pips

I am comparing two different strategies ---see how they play out -- cheers.

Tues March 4 -10:30am GBP/USD -- 1.9875 = neg 25 pips EUR/USD -- 1.5236 =+22 pip total = neg 3 pips EUR/GBP --.7666 = +7 pips

I've decided to demo trade for a bit to experiment. I appreciate everyone's input. Directional trades: Sun March 2, 2008 -- 8:30pm Eastern sell --GBP/USD -- 1.9850 buy-- EUR/USD-- 1.5215 rational --more expensive currency usually takes the lead. GBP/USD is at a strong resistance...

Thanks for the good feed back. First perhaps hedging is not the right word, it may be better to use directional trades for what I am doing. The problem with trying to find direction on one currency is you have a 50% of being right. Buy using EUR/GBP only, you are trying to pick one...

Well that is fear rearing its ugly head again. If I had stuck to my target rules of 50, 100, 150 -- meaning if I had stayed in my hedge just a few hours more I would presently be at about 120 pips profit. As GBP/USD is now at 1.9829 = neg 161 pips and EUR/USD is at 1.5109 = 279 pips...

For me it started a few months back -- so initailly it takes some getting use to. I think cutting down on sugar will help.

Any positive and constructive criticism is always appreciated. I have a 100 pip stop loss -- why not go for the 187 pips or 225 pips is that it can just as eaily be a 187/225 loss. Looking for next hedge -- one or two per week is usually enough. Will wait till next mon for next hedge or...

Wed Feb 30 -9:20am Gbp/Usd --sell at 1.9856 = neg 187 Eur/Usd --sell at 1.5055 = =225 net profit = 38 pips violated my 50 pip target and settled for 38 pips -- fear took over after yesterday's somewhat scary ride -- though hedge looks still healthy... will see how it rides out and if...

Does any trader experience tinnitus. It just recently started in me - in the left ear --it comes and goes but is annoying when trading --anyone have a similar experience and how do you cope with it...

Wed Feb 27 -- 6:30am GBP/USD = 1.9861 = neg 191 EUR/USD = 1.5037 = + 207 net = +16 pips GBP/USD hit resistance at 2.000 -- should be moving down to hopefully pivot point of 1.9800. EUR/USD at all time high -- but retracement occuring more slow. Hedge still looks healthy, though...

Feb 26 -10:45am GBP/USD =1.9727= neg 58 pips EUR/USD = 1.4884 = +54 net = neg 4 pips

I am only going to hedge GBP/USD with EUR/USD for now. Stop loss at 100 pips. Profit targets - 50, 100, 150. New entry: 02/24/08 20:06 Sell GBP =1.9669 Buy USD =1.4830

Not confused -- thanks -- looking for next hedge for next week now, cheers.